Link to the SEC filing which is the reason that everyone's clamoring for this stock: https://www.sec.gov/Archives/edgar/data/1028153/000161577415001541/s101350_8k.htm

 

Basically, they've entered into an exclusive royalty agreement for some other company to sell their products in China, with some lump sum payments to be made to AXPW up front, but the deal expires Sep 13. I suspect that on or before the 13th, news will come out that either the deadline has been extended out further, or the deal was rejected. The deal was put together before the recent developments in the whole China economic slump thing, and I suspect LCB is not going to want to go ahead with this deal, whereupon AXPW will go broke, and LCB can probably scoop up their IP for pennies on the dollar later on, and go forward with their plans once China recovers.

 

I know this is speculation on news, but I'm pretty damn sure about this, I've put stops in place, and I'm taking a VERY small position.

 

The only problem is that there's currently no shares to short on IB, and even if I get some, I suspect I'll get a forced buy-in not long afterwards, but hopefully after news.