Key Developments: ZAP (ZAAP.PK)

ZAAP.PK on OTC Markets Group

0.11USD
11 Jul 2014
Price Change (% chg)

$-0.01 (-6.84%)
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$0.12
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Volume
78,114
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360,794
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$0.44
52-wk Low
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Latest Key Developments (Source: Significant Developments)

ZAP announces strategic alliance with Tianjin Lishen Battery Company Ltd
Tuesday, 10 Jun 2014 12:17pm EDT 

ZAP:Enters into strategic alliance with Tianjin Battery Company Ltd (Lishen).Lishen will provide financing several thousand full vehicle EV conversion of US EV fleet vehicles using Lishen's latest technology in lithium Ion batteries and ZAP's proprietary patented Vehicle Control Unit (VCU).ZAP developed a custom designed power train for US delivery fleet with goal of becoming supplier to their electric power train which will replace the gasoline ones currently being used.After undergoing multiple iterations, its latest version released for trial will undergo extreme weather conditions, using Lishen's battery pack with improved energy efficiency and reliability.ZAP will begin financing discussions with fleet operator pending completion of trial which is likely to run through winter season.  Full Article

ZAP appoints Chi Kwong Fung as Chief Financial Officer - Form 8-K
Wednesday, 29 Jan 2014 03:27pm EST 

ZAP:Says effective Jan. 23, the company appointed Chi Kwong Fung as the company’s Chief Financial Officer.Says Fung previously served as the Company’s Finance Director and interim Chief Financial Officer.  Full Article

ZAP Announces Resignation Of CFO-Form 8-K
Friday, 9 Aug 2013 05:19pm EDT 

ZAP reported in its Form 8-K that effective August 6, 2013, Benjamin Zhu, for personal reasons, resigned as the Company’s Corporate Secretary and its Chief Financial Officer (CFO). The Company has appointed Chi Kwong Fung as the Company’s new Finance Director and interim Chief Financial Officer pending the Company’s hiring of a Chief Financial Officer.  Full Article

ZAP Announces Management Change-Form 8-K
Monday, 31 Dec 2012 07:56pm EST 

ZAP reported in its Form 8-K that On December 31, 2012, the Board of Directors of Zap, a California corporation (Zap) removed Priscilla M. Lu from the office of Chairman, from all positions she holds on any committees of the Board of Directors of Zap and from any offices or directorships she serves for any of Zap’s subsidiaries or joint ventures, effective immediately. Ms. Lu shall continue to serve as a Director of the Company until her successor is elected. On December 31, 2012, the Board of Directors of Zap removed Goman Chong from all positions he holds on any committees of the Board of Directors of Zap and from all offices or directorships he serves for any of Zap’s subsidiaries or joint ventures, effective immediately. On December 31, 2012, the Board of Directors of Zap removed Michael Ringstad from the office of Controller, effective immediately. On December 31, 2012, the Board of Directors of Zap removed Charles Schillings form the offices of Co-Chief Executive Officer and Chief Operating Officer, effective immediately. The Board of Directors appointed Juan Gao and Luo Hua Liang to serve on the Board of Directors until their successors are elected on December 31, 2012, effective immediately. Ms. Gao and Mr. Liang have not been appointed to serve on any committees of the Board of Directors of Zap as of this time.  Full Article

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