Not in this but wow it looks tempting so thought I would start a thread bring some radars to what sure looks like a nice play. Closed today @ .014
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Company Overview
Summary
LED Power Group is focused on the development of LED diffusion manufacturing processes designed to fabricate revolutionary Hi-Brite AlGaInP and GaInN LED chips (HB LED) for use in the high demand Lamp Packing or Display Cluster OEM product segment of the industry.
The Company is moving towards the construction phase of this new and advanced HB LED manufacturing plant planned to be located in Dalian, China. The development project is initially estimated at USD 45 million and the long term benefits of reduced manufacturing costs combined with the latest technology aim to significantly and favorably alter the economics of the development process
LEDP:
According to Bloomberg.com
SHARES: 72.500 Million
FLOAT: 63.500 Million
Market Cap: 1.015 Million
52 Week High = .55 52 Week Low = .008
Be sure to check this chart
Bloomberg.com: Personal Finance
LEDP ... Led Power Group Inc ... Penny Stock
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