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Monday, November 08, 2010 12:03:43 PM
"Longs,
I spoke to IR this past week. 25 minute phone call. Earnings report will be out before November 17th. The new plant is completely finished (state of the art) It produces more products quicker. In other words it's output is increasing at an increasing rate due to capacity and technology. Another tid bit. They have also completed the construction of an onsight sleeping quarters for the employees (Kind of like an inhouse hotel). This is common in the Chinese culture. I believe we have a small very profitable company here with some massive upscale growth prospects. They are cash strong and minimal debt. Now they have the facilities to meet demand"
IR phone #
China Power Equipment, Inc.
Tel: +1-646-623-6999 in the USA
"I believe the IR representative was Mike. I know he was located in New York City. He holds 265,000 shares himself. Ironically, he was one hour away from meeting with the largest shareholder for dinner. Supposedly this shareholder had just got back from China. He had went over there to see the new expansion."--jump22ace
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