well got a bit of time so here's a couple of links on the company that one of you guys kindly sent me on them I was also trying to find the threads I did on them when taking about the slava brand and think I mentioned them on a couple of other threads I did in the russian forum when talking about the R.26 and one of my favourite brands the pobeda. but can't seem to find them at this minute think we talked about it to on the vintage in passing ...

http://electric-watches.co.uk/makers/lip/lip-history/

https://en.wikipedia.org/wiki/LIP_(company)


will add my threads if I can find them ....

so the lip / hp has some good back ground this one is not very old but they seem to be popular enough