China Power Equipment, Inc (CPQQ)

[pnnymn]

The best is still ahead......"Mr. Song went on to say, "However, the strong demand within China for energy efficient products has also prompted Hitachi Metals Japan, our main supplier of the amorphous strips used in our cores, to expand its production capacity, which has, in turn, resulted in a significant reduction in our raw material costs. This decrease in the price of one of our key raw materials, combined with continual improvement in productivity and increased sales, should start to be reflected in the Company's financial results toward the end of this year." .09 for the 2nd quarter and likely to get larger over time http://finance.yahoo.com/news/China-Power-Equipment-Inc-prnews-1559286993.html?x=0&.v=4