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Advanced Battery Technologies, Inc. Message Board

  • a22375bat a22375bat Jul 18, 2014 8:33 PM Flag

    Did the ABAT ticker symbol change from ABAT.PK to ABAT

    Looks like ABAT might have gone off the Pink Sheets and onto the "Other OTC" List,
    .
    OTC, Other OTC or Grey Market
    "'OTC', 'Other OTC' or 'Grey Market' is a security that is not currently traded on the OTCQX, OTCQB or OTC Pink marketplaces. Broker-dealers are not willing or able to publicly quote OTC securities because of a lack of investor interest, company information availability or regulatory compliance."

    Is this true? When did it happen? What does it mean?

    Sentiment: Hold

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • According to the otcmarkets website, ABAT is still:

      OTC Pink No Information

      They also have the skull and crossbones for a Caveat Emptor company.

      Promotion/Spam without Adequate Current Information — The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public. OTC Markets believes adequate current information must be publicly available during any period when a security is the subject of ongoing promotional activities having the effect of encouraging trading of the issuer's securities. At such instances, as a matter of policy, when adequate current information is not made available, OTC Markets will label the security as "Caveat Emptor." Promotional activities may include spam email, unsolicited faxes or news releases, whether they are published by the issuer or a third party.

      Investigation of Fraud or Other Criminal Activities — There is an investigation of fraudulent or other criminal activity involving the company, its securities or insiders. When OTC Markets becomes aware of such investigation, the companies’ securities may be subject to Caveat Emptor.

      Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).

      Undisclosed Corporate Actions — The security or issuer is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.

      Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public.

      Other Public Interest Concern — OTC Markets has determined that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion, spam or disruptive corporate actions even when adequate current information is available.

 
ABAT
0.35+0.01(+2.94%)Oct 21 10:56 AMEDT

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