Kandi Technolgies Corp (KNDI)

[luisalmeidapt]

Hello in my opion the results of 4Q was very strong, with sales rising 46% to $ 14.7 M Net Income and rising 77% to $ 0.78 M;

. $ 8.5 M in sales of the COCO in 2009 is quite promising. They have sold nearly as many units in the 4th T in 2009 as in the rest of the existence of COCO;

. karts, motorcycles and motorcycle-4 seems reasonably begin selling in China;

. The company returns to stress the Alliance and its long-term plans for the "Electronic Vehicle Revolution in China."

I was expect for negative results and there are pleasantly surprised by these positive results.

In conclusion, I would say that the potential for long-term KNDI is described in the press release of the results and is immense. But the risk of holding these shares fell because the company just does not live on promises, is already profitable at the moment!