A "Non-Event" Jan. 30th That Could Quickly Spell Bad News For Kandi Technologies Short Sellers

1. On Jan. 30, Kandi's $15 warrants expired.
2. Kandi in the past has had a reputation of extending warrants.
3. Transactional Hedge funds use warrants to protect ongoing short positions
4. This is the second set of hedge fund warrants Kandi has let expire in three months.
5. Effectively over the 5 years all of the past warrants have been held by two Fund Groups in three Transactional Hedge Funds.