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Zongshen Pem Power Systems Inc T.ZPP



TSX:ZPP - Post by User

Comment by manowar99on Oct 25, 2009 12:52pm
462 Views
Post# 16421613

RE: RE: RE: Great News..ZPP to acquire $315 millio

RE: RE: RE: Great News..ZPP to acquire $315 millio    This is fantastic news. I was in Wuhan, China in october of 08 and i saw nothing but zongshen gas powered motorcyles. This buyout gives us further leverage to the production and sales of the growing demand for e-products. I see this as a win win because china is changing its policies on the standards towards safety and emission controls. Zongshen Pem will meet and exceed these standards with the e products. Just need to find an excellent battery technology for the top class e motorcycles. This deal is also a way for zongshen industrial group to unlock the value in the gas powered motorcycles exanding their balance sheet. GLTA  these are now exciting times for this company. hehe, im almost certain you will see kim oishi buying back  all the shares he sold
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