StockGuru Blog: ZAP (OTCBB: ZAAP)
ZAP Future So Bright - ZAP Needs Shades Robust Order Book Reflects Bright Future! ZAP has a robust position with backlogged orders. It had over $1 billion in backlog at the end of 1Q2006, which is primary attributable to orders received from auto-dealer purchase contracts for the Smart Cars Americanized for the company. As of March 31, 2006 the backlog for consumer products stood at $39,700. The company is expected to retain these orders and make timely deliveries. It also sold 270 units of Smart car in 1H06 and had confirmed orders for another 50 units to be delivered in the…