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Advanced Battery Technologies, Inc. Message Board

  • twist.nrev twist.nrev May 23, 2013 12:22 PM Flag

    Chairman's letter to shareholders

    Below is a clip from a recent letter to shareholders:

    "Since ABAT was established, ABAT has always adhered to the principles of "rigor, integrity, quality, and innovation."

    Sentiment: Strong Buy

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    • 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.

      Sentiment: Strong Buy

      • 1 Reply to twist.nrev
      • I'm sticking with my goal to add shares as able. Will reach a total of about 300,000 by the end of the month. If ABAT continues to trade at a fraction of book value this target will be raised to 500,000 shares. Investors are witnessing increased communication, tech staff build up, and new I.R. person. ABAT will trade considerably higher quarter to quarter. The key is sticking with a target price and having the patience to follow the plan.

        Sentiment: Buy

0.4298-0.0002(-0.05%)Sep 17 1:04 PMEDT

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