Enerdynamic Hybrid Technologies Corp. EDYYF

RE:30% Tariff on Solar Panels is ILLEGAL

[Flight321]

"no direct competition" (from May 7th news)
"EHT has applied for exempt status on its ENERTEC ultra-light solar panel from the 30% solar panel tariff imposed by the Untied States government across all non-US product suppliers. EHT has come though the objection phase without objection, a clear signal that the Company's ultra-light solar panel has no direct competition within the US marketplace. Management expects, based on process experience, to be granted "No Tariff" status in the near term. A designated "No Tariff" product would enhance the profitability of every ENERTEC panel sold into the United States markets including Puerto Rico. Notwithstanding this, EHT has opted to start shipping product into the Puerto Rico market, paying the applicable duty, as the current profit margins support the strategy. Once the "No Tariff" status is granted the duties that have been paid can be refunded."
Read more at https://www.stockhouse.com/news/press-releases/2018/05/07/enerdynamic-hybrid-technologies-receives-next-order-from-puerto-rico#0TiTJHzw8GO2r7dy.99