alopex: Basically yes. Check pwtcbattery.com They state in a couple of time frames the financing and then the "ordering" of the engineered equipment to construct the plant.
The most recent 10K/Q SEC filing also states the ordering of the pilot plant equipment from two different sources (Wirth and one other)in Dec & January dates.
The "restatement" of the status of the Pilot Plant today could be to keep the "ball rolling" on the share price OR I thought for a short time it was to mask an upcoming dissapointment in the Kung Long testing results. With the volume and buying today, I think there must actually be POSITIVE developments coming from Kung Long.