I am heavy into the international battery sector stocks, have been for some time now, so I was pleasantly surprised to re-find this one that had fallen off my radar, as I see it and China battery stocks poised to kick ass, while they control the price and availability of some of the rare earth metals used in these batteries, they have a clear labor and natural resource input advantage over Japan and the US right now.
Do you have any idea why the general and administrative costs jumped up from $500,000 to 2.5 million this year? Is it increased depreciation on new plant equipment, officers lining their pockets, or what? That is the only number I see in the financials that I can not justify, as the % increase dwarfs the increase in revenue?
I am already invested in CBAK, ABAT, AXPW, BCON and follow them very closely. I also follow JCI, XIDE, and a few others.
Does any one think we will retest the all time lows here this summer, for CSGH?
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