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Wednesday, July 16, 2014 7:58:44 PM
There are those having a hard time getting over the "Chinese reverse merger" that's often bandied about as red flag, don't buy it. If that's what's keeping you from a position in Kandi, then hear this.
First of all, lend me your common sense and listen up, What is the common denominator of all these China fraud scams, most press " reverse merger" and that's BS. There are 2 ways to go public, IPO and reverse merger. Makes no difference. The common denominator is those companies had no real viable business.
Does Kandi have a real viable business? Yes it does and there are thousands of pictures, videos and shareholder testimonials that went to China. There are collaborating government documents to verify production.
If you're short and praying for a blow up, you're drawing dead. That BS that happened when Kandi was formed in inconsequential. It becomes double inconsequential since Kandi is trading 5-10 times where the PPS was then. There can be no damages. It's moot.
BULL
Recent KNDI News
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