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  • realdutch01 realdutch01 Jan 23, 2013 8:10 PM Flag

    A letter for all loyal shareholders 2013-01-24 08:46

    Dear all loyal ABAT shareholders:

    I hope this letter finds you well.

    First of all, on behalf of the ABAT Board of Directors, I would like to express deep gratitude for your loyalty, care and long standing support for the development of the company. Rather than being intimidated by the malicious attacks in 2011, ABAT’s board and management team have become even more determined and confident to thrive and grow our business.

    Following this strategic guidance and under the strong leadership of the Board of Directors, the Company is accomplishing a healthy and steady development. In 2012, the Company integrated its resources, marketing and technology, completed the acquisition of Shenzhen ZQ which was subsequently merged with Dongguan Qianqqiang. The strengthened Dongguan Qianqqiang has gained rapid growth. We had a good performance in 2012, which will be presented in the internal audit report to shareholders.

    ABAT has adjusted its organizational structure and introduced new talent to the Board of Directors in 2013. These are outstanding management talents who are vibrant, knowledgeable, and experienced. We have begun new intitiatives for the coming year. The first initiative is that, we have a new Board of Directors. Secondly, we adjusted the management team. Thirdly, we have reinforced our technical strength by bringing in a large number of new technical personnel. Our fourth intitiative is to strengthen market awareness and to capitalize on our intended market. Thus, we have formed a product marketing center. They will work tirelessly to achieve the company's set targets.

    Thank you for your long standing support and patience. I will live up to all your expectations and work hard with all the staff to achieve the Company's targets. I assure you that I have the ability to lead ABAT to its brilliance once again.

    Sincerely,

    Zhiguo#$%$

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    • "We had a good performance in 2012, which will be presented in the internal audit report to shareholders."

      They forgot to add to the end of that statement, " in the coming months."
      ;)
      Already 2+ months old, and still no internal audit report to shareholders.

    • GOOD NEWS IS COMING!!!!

    • GOOD NEWS IS COMING!!

      Sentiment: Strong Buy

    • Letter shows it was updated by our CEO and chairman on 2/3/13

      Dear all loyal ABAT shareholders:

      I hope this letter finds you well.
      First of all, on behalf of the ABAT Board of Directors, I would like to express deep gratitude for your loyalty, care and long standing support for the development of the company. Rather than being intimidated by the malicious attacks in 2011, ABAT’s board and management team have become even more determined and confident to thrive and grow our business.

      Following this strategic guidance and under the strong leadership of the Board of Directors, the Company is accomplishing a healthy and steady development. In 2012, the Company integrated its resources, marketing and technology, completed the acquisition of Shenzhen ZQ which was subsequently merged with Dongguan Qianqqiang. The strengthened Dongguan Qianqqiang has gained rapid growth. We had a good performance in 2012, which will be presented in the internal audit report to shareholders.

      ABAT will be adjusting its organizational structure and will be introducing new talent to the Board of Directors in 2013. These are outstanding, talented management candidates who are vibrant, knowledgeable, and experienced. We have begun new intitiatives for the coming year. The first initiative will be to elect a new Board of Directors. Secondly, we adjusted the management team. Thirdly, we have reinforced our technical strength by bringing in a large number of new technical personnel. Our fourth intitiative is to strengthen market awareness and to capitalize on our intended market. Thus, we have formed a product marketing center. They will work tirelessly to achieve the company's set targets.

      Thank you for your long standing support and patience. I will live up to all your expectations and work hard with all the staff to achieve the Company's targets. I assure you that I have the ability to lead ABAT to its brilliance once again.

      Happy New Year/Chinese New Year to everyone!!!
      迎春接福

      Sincerely,

      Zhiguo#$%$
      Chairman & CEO
      (link to chinese version)

      Sentiment: Buy

    • Best info in a long time!

      Sentiment: Strong Buy

    • I don'tunderstand why everyone isn't buying on this Great News.

      Sentiment: Strong Buy

      • 1 Reply to bigalsab
      • =I don'tunderstand why everyone isn't buying on this Great News.

        What is the "great news"? I missed it. What did they announce that changed anything fundamentally with the company? Did they announce any revenue or earnings? Did they tell you how much debt they have? It did say something about Dongguan merging with Harbin. Oh oh... does this mean that new factory you paid for is really owned by a VIE and Foo really owns it and not the ABAT common shareholders? You are so gullible it is amazing. So many unanswered questions. They have said NOTHING until they comply with their SEC requirements and make proper disclosures about all relevant facts.

        The buying already occurred from .13 to .28 by those who were given the insider information illegally. When they see the masses aren't falling for the non-news news... they will be scurrying to dump their shares. Once again, it will be interesting to see if the short interest dropped. That will tell you if the remaining shorts were really insiders making money on going dark.

    • Good to see you don't know how to speak

      Wang
      PRC

    • No interdiction of the new directors in a filing.? Where is the proxy and the valet to vote? Anyone receive a letter?

    • Realdutch

      Are you sure that your translation is correct re BOD
      I think it should be something like this:
      { }
      ABAT (will be} adjusting its organizational structure and {will be introducing} new talent to the Board of Directors in 2013. These are outstanding management {candidates} who are vibrant, knowledgeable, and experienced. We have begun new intitiatives for the coming year. The first initiative {will be to elect} a new Board of Directors. Secondly, we adjusted the management team

    • Electric Bikes Contribute to Green Transport Solution
      January 16, 2013 As thick fog and haze shrouded central and northern parts of China over the past several days, with Hebei and Henan provinces among the most polluted areas, monitoring data showed record high levels of particles 2.5 which are various particles of 2.5 microns capable of entering the lungs and bloodstream. Unfortunately, cases requiring medical care increased greatly and there was great concern within China and from concerned parties around the world. At this time, it has become clear that a growing consensus exists among the government and the population that steps must be taken to reduce air pollution. Education and awareness is critical so that new policies can be put in place to reduce this serious problem.

      Toward this end, the China Daily has announced a new section of its on-line and in print newspaper entitled "Green China" which will regularly publish special reports to follow Chinese societies' efforts to work toward a more ecologically focussed future. The first issue will be published in March, when the National People's Congress and the Chinese People's Political Consultative Conference (CPCCC) convenes. As a part of the solution to this problem, with its various electric bike and electric scooter models, Advanced Battery Technologies (ABAT) is providing a link to this new section. Together we will be part of the positive shift.

      ABAT welcomes verified distributors from numerous countries to contact our representatives to assist you.

      • 1 Reply to nyny1928
      • Pipster "not that i care". . . .

        pipster might want to add, "not that i care" because i am no longer a paid basher protecting the
        All-power/UPC/VVR/ASBAHI + Yukon Trails Cover up MALICIOUS CONCERTED ATTACK AGAINST ABAT WITH A FOLLOW UP CHERRY ON TOP TO INTIMIDATE INNOCENT SHAREHOLDERS INTO SELLING THEIR SHARES!!!!!!! YOU MIGHT ALSO WANT TO ADD MR. PIPSTER THAT I AM NO LONGER BEING FED INFORMATION TO POST ON A YAHOO MESSAGE BOARD TO BE A DISTRACTION. YOUR GAME IS UP!!!!!!!!!!!!!!!!!

        VVR SUCKS AND SO DO YOU!!!!!!!!!!!!!!!!1

        IF PEOPLE LOST MONEY IN THIS STOCK BEFORE OR AFTER THE CLASS, I HIGHLY SUGGEST YOU EXAMINE THE RELATIONSHIP BETWEEN YUKON TRAILS/ ALL-POWER/VVR/PRESCIENCE and then

        Reread what the Judge says about separating VVR's true statements about ABAT's alleged misstatements from VVR'S UNTRUE (READ LIES) statements about ABAT's alleged misstatements. At this point we know VVR lied. We know Prescience report contained some blantant mistakes on both their intitial report and their blogs. We know they shorted the stock.

        We know there are attackers on this message board who are driving the stock price down.

        What else do you need to know. IT'S YOUR MONEY PEOPLE. WAKE UP AND GO AFTER THE PEOPLE WHO STOLE IT. ALL OFF THEM!!!!! ALL THIEVES SPENDING YOUR MONEY!!!!!

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