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Advanced Battery Technologies, Inc. Message Board

  • twist.nrev twist.nrev Apr 9, 2013 6:59 PM Flag

    The Latest News ~ ABAT Web Site

    Google: ABAT sys145

    On March 16, 2013, ABAT hosted a suppliers conference with key suppliers. The goals, successfully achieved, were to facillitate communication, to consolidate partnerships and to increase confidence. At the meeting, the Dongguan leadership along with Mr. Zhigou #$%$, Mr Qiang #$%$, Mr Zhai and Professor Xu thanked the suppliers and then elucidated the importance of the supply chain and reviewed the various data forms and the principles therein. Targets for the year were stated which established confidence and motivation for the suppliers. Also announced were the anticipated specific needs for various raw materials for the April to September time period. Each supplier can participate in the competitive public bidding after purchase orders are announced. Looking ahead, ABAT reviewed and elaborated on both the procurement program and marketing strategy for the new year in order to enable producers and suppliers to meet future demands and encourage cooperation. Also discussed with various suppliers were the anticipated trends for the coming years.

    Sentiment: Strong Buy

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    • "Each supplier can participate in the competitive public bidding after purchase orders are announced. Looking ahead, ABAT reviewed and elaborated on both the procurement program and marketing strategy for the new year in order to enable producers and suppliers to meet future demands and encourage cooperation."

      Don't you just love how they throw in some 'future', general, meaningless statements, among the actual summary statements from the "conference",
      a "conference" that was simply a notification to its suppliers of, "sorry about the absence of orders - we just wanted to let you know we are still in business, we anticipate receiving some new orders really soon, so we plan on placing orders with you once again in the future {coming months} - let's keep in touch".

    • =Also discussed with various suppliers were the anticipated trends for the coming years.

      So... they share this with suppliers but tell their owners (shareholders) to F-off?

      What's wrong with this picture?

      • 1 Reply to lbcb321
      • In November 2011 ABAT completed construction on the new lithium battery facility in Dongguan. The news release at the start of construction mentions the need to increase production of "small batteries" as this is what customers demand. So, to answer the question why not tell shareholders. We were the first to know. Looking forward to more news soon.

        Google: Advanced Battery Technologies Dongguan grand opening

        Sentiment: Strong Buy

 
ABAT
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