Replies to post #2961 on New Energy Systems Group (fka NEWN)

[realfast95]

thanks for the report. Have they even closed the Kim Fai deal yet?

I'm disappointed they didn't post the presentation with an 8k.

Looking forward to earnings. Did they indicate they would be on time this year?

I wasn't clear about the NASDAQ move. Are they considering doing that in the near future?

TIA

[ciciagt]

What a great report you shared.....thanks. I have spoken with John Mattio on occasion and he is helpful and informative. It's nice to know you found the company so easy to meet with, and great that their presentation was well attended. Thanks for going to the presentation and sharing info with this board.

[ChaTea]

Hi.

This is Ken Lin's response to the question I had regarding page 12 of the investor packet, which referenced the manufacture of battery packs as opposed to cells, and that the facility was operating at 70% capacity:

According to our management, started from 2011, NewPower's origianl business to manufacture battery cells has been switch with E'Jenie's original business to manufacture finish battery packs.
Through this switch, E'Jenie became a battery components manafacture which produce battery shells, caps and cells.
NewPower became a finish battery pack manufacture.
This switch will need more NewPower's capacity but the management believed this switch could help the Company to save costs.