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Advanced Battery Technologies, Inc. Message Board

  • lbcb321 lbcb321 Jul 3, 2013 12:26 PM Flag

    Two must-read articles for ABAT shareholders

    Google these phrases:

    Delaware Court Authorizes Seizure of Chinese Company’s Assets in Books and Records Case


    Receiver Gains Control of Some Assets of China's ZST

    There is your road map for success against another Delaware company.

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    • You must be the smallest time piker around still taunting on a penny board for years.

    • So what????
      It has NOTHING to do with ABAT.

      The 'measly' settlement ($225k) - less than a middle management salary for one year, should tell you something!!! All this while ABAT has said they made millions last year.

      That says to me that Pom and Co want to run while the going is good.

      Sentiment: Strong Buy

      • 1 Reply to therealfacts123
      • =It has NOTHING to do with ABAT.

        It has EVERYTHING to do with ABAT. A company incorporated in Delaware that got a court order to produce records after going dark. When they refused to cooperate, a judge in Delaware issued a Put Order which means that the company received a judgment against it forcing them to buy back the shares for the last book value from their latest filing. A Receiver was appointed that has had success in collecting funds from the company. If you can't see this is an EXACT roadmap for what could be done to force ABAT to report or pay shareholders based on the last known book value... you are as clueless as we all believe.

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