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Replies to #2325 on ZAP (fka ZAAP)
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teaserpleaser

03/21/14 1:21 AM

#2326 RE: BubbleBuddy #2325

Most people dont realize there are 2 different an select Jonway's
And you Bubble didn't mention it at all.

Jonway Group is Not the same as Jonway Automotive I see the reason for people's confusion it is because you just mention Jonway and leave it to the readers to discern which one ZAP owns.. Without even mentioning that there are 2 corporations in the same family of corporate ownership. Maybe the Wang family are good at confusing people over in China using this trick on words..
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letag519

03/21/14 9:21 AM

#2331 RE: BubbleBuddy #2325

From Zap 10k:
On January 21, 2011, the Company completed the acquisition of 51% of the equity shares of Jonway .......

That is a deliberate mistatement as Zap owns 0% of Jonway.

Btw- Jonway Group purchased the asserts of Aptera and still has not transferred them to Zap Jonway despite repeated demands.