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Technology Stocks : ZAP - 'Zero Air Pollution' vehicles

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To: obvio who wrote (190)11/14/2006 1:01:52 PM
From: Done, gone.   of 201
 
You read or just hope? The only reason the quarter is not yet another red ink bleeding disaster -- in a dozen years of non stop red ink, dilution and bankruptcy disasters -- is this:

"ZAP recorded a gain of $7 million on the settlement of its remaining obligations under its agreements with Smart Auto. ZAP also recognized a $2.3 million impairment loss on the license with Smart Auto, which is recorded as an operating expense in the condensed consolidated statements of operations."

sec.gov

See anything there about zebra striped three wheeled golf cart type cars bringing home the bacon? Didn't think so.
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