Kandi: Chinese Reverse Merger -> long-term loser
http://wallstcheatsheet.com/breaking-news/who-played-a-hidden-role-in-these=
-chinese-reverse-mergers.html
Who Played A Hidden Role in These Chinese Reverse Mergers?
By Chris Carey Jan 15 2011 ... You won=92t find S. Paul Kelley=92s name =
in any Securities and Exchange Commission filings. But the Canadian =
stock promoter pops up in photo after photo taken at the NASDAQ and =
American stock exchanges, usually smiling and surrounded by executives
at Chinese companies that went public through reverse mergers.
A Sharesleuth investigation found ... Although most of the Chinese =
companies that Kelley and his associates brought to the United States =
saw brief spikes in their share prices, nearly all have become =
long-term losers.
THE CREATIONS
Kelley has helped at least 11 Chinese companies go public through =
reverse mergers. They are: Telestone,Orsus Xelent,New Oriental Energy
* Kandi (KNDI). The company, which currently has headquarters in =
Jinhua, makes all-terrain vehicles and go carts, and is developing =
its own line of electric cars. Kandi became a public company in 2007.
[China INSOnline,China Auto Logistics,China Infrastructure Investment,
Guanwei Recycling,Winland Online Shipping,CH Lighting,Chisen Electric]
KANDI
Kandi is perhaps best known as a maker of go karts, three-wheeled =
motorcycles, utility trucks and other specialized vehicles. It also =
produces a low-speed, electric car known as the Coco.
Kandi is developing a new line of larger, faster electric cars. To =
help spur sales, it has announced plans to set up a network of =
battery-changing stations in partnership with a batter maker and State
Grid Power Corp.
[kandidirect.com] says the stations will allow electric-vehicle owners
to quickly swap depleted batteries for fully charged ones, reducing =
the need for them to charge the vehicles themselves ... =
[=A9 2011 Wall St. Cheat Sheet]
Move to OK City> get 2 rebates> buy a nEV for $865
http://www.autoevolution.com/news/kandi-coco-the-cheapest-car-in-the-world-=
865-14825.html
Kandi Coco, the Cheapest Car in the World: $865
23 Dec 2009 Daniel Patrascu
When Tata Nano heard about the availability, on US soil, of a car =
which is cheaper than its, its headlamps fell off, and so did its =
self-esteem (if it had any). The rival to the cheapest car in the =
world title is called Kandi Coco (?), it debuted at the 2009 NADA =
Show, it went on sale in March has a price of only...$865.
Now, before you get your hopes up and rush to buy your own Chinese-
made copy of the smart (because, yes, it is Chinese), you should know
the low price may give you additional headaches. Like, for one, you =
would need to live (or move) to Oklahoma to buy one for that amount.
The Coco cost (no pun intended), in fact, $10,599, as autoblog.com =
reported. On paper, because, thanks to a $4,435 federal government =
deduction and a $5,299 Oklahoma rebate, the cost is brought down to =
$865. Some would say it is still worth it...
But wait, there's more. The Coco is a low-speed vehicle, with the top
speed rated at 25 mph. Moreover, it's an electric vehicle with a top
range of 50 to 60 miles per charge...
Surprised, are you? Well, don't be. It looks better than the Nano, =
it's cleaner, and definitely cheaper (again, only if you are an =
Oklahoma resident) that the Indian contender. Sure, it is slow; then =
again, it's faster than a bicycle and at times cheaper than one...
Eat you combustion engine out, Nano! Nobody said you have to dream of =
being sold globally, or that the government shouldn't help you, to be
named the cheapest car in the world! Additional details and specs can
be found here. [
http://www.autoevolution.com/news/kandi-coco-full-details-specs-and-photos-=
14917.html
http://www.autoevolution.com/pdf/news_attachements/kandi-coco-full-details-=
specs-and-photos-14917.pdf
=A9 2008-2011 SoftNews NET. All rights reserved.]
...
http://www.kandidirect.com/?page_id=3D45
...
http://www.youtube.com/watch?v=3DNI9IXlwJQZw
[video] Kandi Coco 2 min Oct 14 2008
...
http://www.youtube.com/watch?v=3D3y4zrwFD2K4
[video] Kandi Coco 2:53 mn March 10 2010
...
http://www.autotropolis.com/green-cars-guide/kandi-coco-electric-vehicle-pr=
iced-below-900-for-oklahoma-residents.html
Kandi CoCo Electric Vehicle Priced Below $900 for Oklahoma Residents
by Benjamin Hunting 12/29/2009 [=A9 2009 Chrome Systems, Inc.]
...
http://en.wikipedia.org/wiki/Okie
{brucedp.150m.com}
-- =
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