Evening, I'll start by saying I believe this announcement is a...

Evening,

I'll start by saying I believe this announcement is a positive for Redflow.

I understand it's not the immediate answer to cash burn issues but it is a step into China.

I personally don't know a great deal about ZbestPower Co. but if I was a shareholder or potential investor some research into their operations would be in order.

These small partnerships are likely to be the catalyst for the bulk orders that do cement Redflows future in the battery space.

As for intellectual property concerns. The company is well aware of the risks as stated in this announcement but also in the recent investor presentation..Ive no doubt Tim Harris has taken all reasonable measures to protect company IP...Do not let the day traders fill anyone's head with the rubbish regarding IP...The alternative is what? Not enter the Chinese markets?

As for the cost of this exercise..The benefits far outweigh the small cost to the company..Particularly in the scheme of things against current company expenditure.

I'm also of the opinion it can only have helped participation in the cr, it is likely many would have sold to take up their rights.

Redflow is a buy...A hold...A watch...A sell.

All depending on your financial position & appetite for risk.

If you have a large portfolio, are doing well financially & are looking for an aggressive play with a % of your capital..Buy now..Great prices provided Redflow can continue to secure funding until the bulk orders are realised..Fingers crossed.

If your starting out in life or building for retirement, don't have alot to invest or lose & need to take a more conservative approach to your portfolio...Perhaps watch..Wait for the results from the cr's...Wait for the annual report..Wait for multiple quarterly reports if need be.. Watch for sales..If you can't afford an aggressive buy now it's okay to pay more at a de-risked sp..Rewards can still be had..I've had to learn this lesson.

Despite many investors of RFX likely to be suffering from investor fatigue, it really is day 1 for the company..Only 8 months with the capacity to manufacture complete batteries, 7 months since testing production capacity at 150 units per month.

The sales team is also only 9 months old, the Chief of deployment only 3 months.

This is a great logistical exercise for Redflow into China in addition to the product exposure, Tim McTaggert will hopefully benefit from this partnership whilst looking to build the deployment & aftercare capabilities/framework.

If Redflow can secure funding, build on sales/leads & successfully integrate all 3 pillars of the business being- Manufacturing, Sales & Deployment than it will have been a successful 2019.

The battery space will only continue to grow globally..Provided they can sustain themselves financially over the next few years the future is probably very promising for Redflow.

That 100 battery order may only be around the corner..We just don't know & that's the risk..Get to the breakeven point & the worlds Redflows oyster.

As usuall, don't listen to me. Do your own research. For new investors, try not to rely on the 100 posts that conveniently follow price sensitive announcements as the sharks will always circle with whatever opinion that matches their agenda, usually a quick trade.

Goodluck.