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Advanced Battery Technologies, Inc. Message Board

  • jimsutter10 jimsutter10 Jan 13, 2013 7:29 PM Flag

    Twist

     

    The two lawsuits I went through that had a settlement in principle did not take this long to resolve once the main settlement was agreed upon. Do you have any insight on this?

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    • I think it is due to the unusual nature of this legal action. The main factor being the identity of V V R. Who are these people who successfully short companies and survive to repeat?

      I feel an agreement hinges on V V R remaining anonymous. The condition of anonymity is worth millions to them. If this case were to go to discovery. V V R must appear in Court. With this comes humiliation and disarming of future success in short-and distort.

      Longs really need to wait for word from the Judge. I know you mentioned adding to your share total. The best day for this was Dec 31st as typical year end tax selling was ending. I too am anticipating adding more. Funds to do so are in process but not yet in my account.

      Sentiment: Buy

      • 2 Replies to twist.nrev
      • If this case were to go to discovery. V V R must appear in Court.

        No. But abat would have to open their books. Hire a lawyer twist to help you understand this. Because you are way off in left field. Or if you have a friend that's a lawyer ask them. Something.

      • =The main factor being the identity of V V R.

        If VVR did anything illegal, it would be EASY to get their identity. Why don't you go talk with an attorney about suing them. Present your case and after the attorney stops laughing... get some valid information.

        =I feel an agreement hinges on V V R remaining anonymous.

        LOL! VVR has nothing to do with this case.

        =If this case were to go to discovery. V V R must appear in Court.

        Go ask an attorney about that. Why would they need to appear? They are not part of this action and I don't remember any proprietary evidence they offered. Now Prescience is another story. They used interviews with customers and both Pomerantz and ABAT would subpoena that information. I'm still thinking the VVR people are the Alfred Little people but they feared retribution from Foo based on his past history. Alfred Little has investigators in all the areas ABAT operates. It is actually quite odd they weren't the first to jump on ABAT when you think about it. With all the smoking guns ABAT had, I think VVR was made up just for ABAT. I would like to see their identity confirmed, but in the end... it doesn't matter. You continue to worry about motives and who the messenger is instead of confirming facts. That is why you are a losing investor.

        =With this comes humiliation and disarming of future success in short-and distort.

        Humiliated? Just the opposite. It would give them multiple job offers. They BROKE the company by exposing the problems in such a manner that ABAT themselves continued the destruction by being forced to go silent in order to quit incriminating themselves in their lies.

        Just like Foo is not humiliated in China. He is a hero for standing up to those evil American capitalists who treated him so unfairly. You don't have the ability to understand perspective and that puts you at a disadvantage in understanding how the world works.

 
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