China BAK Battery, Inc. (CBAK)

[Ecomike]

I am buying more CBAK today, I really like the surprise everyone missed in the latest financials, it is HUGE!!!!!! Has to do with the massive China Government grant to CBAK they finally received and it had a huge impact on the CBAK financials and stock holder equity (but not earnings)!!!! Also they shed the old legacy battery operations that were losing money, and are now focused on the new high power, high profit margin Li-Ion batteries for vehicles