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Advanced Battery Technologies, Inc. Message Board

  • josephfrank josephfrank Apr 15, 2014 11:45 AM Flag

    IS ABAT going to walk away???

    Here are my thoughts...
    ABAT showed up for all hearings.
    ABAT updated their DE filings and paid their due fees.
    ABAT has answered emails.
    ABAT has given a few press releases along the way, and given unaudited financial results of some subsidiaries as they thought they could without negative consequences.

    All the talk about them just walking away with our money is unfounded, IMO. I believe #$%$ is an honorable Leader and is working on ensuring all his ducks are in a row and second checking everything in order to ensure we do not suffer a second onslaught of lawsuits. When he is CERTAIN that it is safe to move forward, then I believe he will do so, and shareholders will be rewarded. We have seen many indications that ABAT is doing well.

    In the meantime, it is my own opinion that this is an excellent buying opportunity. Greed and fear, people. Which one is driving you right now? I have not slipped into fear.

    Sentiment: Strong Buy

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    • it isn't IS abat going to walk away, they already have.

    • =ABAT showed up for all hearings.

      You mean attorneys representing their insurance company showed up.

      =ABAT updated their DE filings and paid their due fees.

      This wasn't done until AFTER the settlement hearing got delayed. I doubt it if they would have renewed their charter in Delaware if they had the Final Order before the due date.

      =ABAT has given a few press releases along the way, and given unaudited financial results of some subsidiaries

      Yes, they have violated SEC rules by issuing information through improper channels instead of through proper Reg FD-compliant methods. The "internal audit" was a joke and resulted in the price going LOWER. Even Sutter sold when he saw it. He even told you that was his reason for selling.

      =In the meantime, it is my own opinion that this is an excellent buying opportunity.

      Good for you. Buy all you want. You might want to wait for .30s or .20s, but it is your choice.

    • And why is the Honorable Chairman's NAME being presented as #$%$ ??????? I did not write that in my post.

      Sentiment: Strong Buy

      • 1 Reply to josephfrank
      • =And why is the Honorable Chairman's NAME being presented as #$%$ ???????

        That is the one thing the Yahoo censors get right. I thank the Good Chairman for one of the reasons I shorted FAB Universal. Their ticker symbol is the same as his name... F*U. Looking at that ticker symbol just screamed "SHORT ME" and while they are currently halted, I am up big on that trade. My stalker from the FAB board will read this and say the ONLY reason I shorted FAB Universal was the ticker. I seem to attract all the mentally ill people on these boards... lol.

 
ABAT
0.41-0.02(-4.61%)Sep 18 3:59 PMEDT

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