Anybody check yet to see if they renewed their registration in Delaware that was due March 1st? That is one of your clues if they plan to ever come back into compliance.
=Always question the motives.
The motives are irrelevant. Motives do not change FACTS. Either somebody can provide supporting documentation and a statement can be independently verified or it cannot.
These boards are full of failed investors that are always asking, "Why are you here?". Spend more time verifying information regardless of who presents it and you will do much better. A blind basher is no better than a blind pumper. Back up what you say and that is what is important... not whether or not you "like" or agree with the position of who presented the information.
If you cannot be objective, then you have no business being an individual investor. Turn over your money to a professional while there is still some left.
Let's take the latest premise... there is something terribly wrong when a company publicly disseminates two different sets of numbers for operational results for the same facility. Then they issue an "amendment" when called out on it. Is this verifiable fact? Of course it is. You want to look the other way because you suspect the "motives" of who first caught the discrepancy. You have lost the ability to be objective and verify facts on their merits and that means this is an investment that is not right for you. You have an emotional attachment and that is leading you on the road to ruin.
Still no new 13G or 13D filing indicating somebody is now a 5% owner.
13D no longer applies or they are breaking the law. Guess they will claim to be a passive investor and then their 13G won't be due until next year.
Interesting that Fife filed a 13G and not a 13D. If he attempted to influence the control of Sauer Energy in any manner, he was committing a felony by giving a false disclosure in his 13G. Not saying he WAS... just IF he was. I find it hard to believe he never had any contact with Dieter and never attempted to provide any guidance for how Sauer Energy should be run. We will give him the benefit of the doubt until there is evidence to the contrary.
There sure is an appearance of impropriety and it is odd that Fife wouldn't know to file a 13D instead of a 13G just to make sure his intent regarding SENY was clear.
=Prudent investors wonder why an anonymous poster keeps coming back to this board
Nope. Prudent investors verify the INFORMATION presented and couldn't care less about the MOTIVES of who presented it.
=That is a mischaracterization of what happened
The poster-child for the delusional returns to talk nonsense. That is EXACTLY what happened. Here is the exact text from the 8-K from 11/21/2011:
"The notice states that, unless the Company files an appeal of the Staff’s determination, trading in the Company’s common stock will be suspended at the opening of business on November 30, 2011 and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the common stock from listing on the NASDAQ Stock Market.
The Company has not yet determined the action it will take in response to the notice from The NASDAQ Stock Market."
All they had to do was appeal and get a 6 month extension like all the other companies do. At the end of 6 months, they almost always get a second 6 month extension. It was 100% under ABAT's control whether or not they allowed their NASDAQ listing to go poof. They threw the shareholders under the bus.
So, josephfrank... if Andrew mischaracterized what happened... let's hear your interpretation.
twisty... that doesn't answer why you lied about what is on the ABAT website. Why are you trying to con people into believing ABAT had announced plans to upgrade Dongguan in the second quarter of this year?
They said no such thing. They have no plan and the only thing they announced was shutting down Dongguan for the first half of the year.
This is simply not how business is done. You are eventually going to hear how Dongguan was lost to foreclosure or something like that. Nobody shuts down what was supposedly a profitable factory for at least 6 months with no plan what to do with it. It is more like a cover story for creditors selling off the equipment.
27 days now to file 14 different 10-Q and 10-K reports. Even less business days. So, twisty, do you REALLY believe an audited financial report can be completed every other day through the end of the month?
The jig is up.
twisty wouldn't be LYING to you again now would he?
"ABAT has announced production equipment upgrade 2nd quarter 2015"
Where does it say this, twisty? I google that entire sentence and it only exists in your post. Sounds like the whole Foo Entrepeneur of the Year Award sham again. Here is what ABAT actually said which is MUCH different:
"1, Since January 1, 2015 and ends on June 30, 2015, suspend production."
They have not "ANNOUNCED" as you claim an "equipment upgrade 2nd quarter 2015". In fact, they said Dongguan would be shut down for the ENTIRE first half of the year.
"is expected to put into operation in the second half of 2015."
The "plan" which they do not yet have is EXPECTED to be put into operation in the second half of 2015. Now why would twisty tell you they have already ANNOUNCED (past tense) an upgrade for the 2nd quarter of 2015 when ABAT told you something completely different?
Care to comment on your most recent lies, twisty? Want to know why I stick around to torment you with the TRUTH? Not one of you is "innocent" as not one of you will call out those who continually spew lies and misinformation in an attempt to con others. So who is going to call out twisty for his most recent lies? Is what he posted actually what ABAT stated?
"Paritz & Company, P. A. are charged with the update via their two person verification team."
Another LIE. ABAT never made any mention of a "two person verification team". twisty made that up. Come on, twisty... where does it say this on the ABAT website as you claim?
=they firmly believe the stock will go up after the release of the financial reports.
OMG! You are still sticking with the premise they are now going to release 14 different 10-Q and 10-K reports in the next 28 days? You do realize that is one every other day for the next 4 weeks. At what point do you admit this isn't going to happen?
Are you really going to be giddy on March 30th because you JUST KNOW they are filing all 14 reports the next day?
You really need to take a step back and be honest with yourself. Did you bother contacting Paritz and asking them if they have begun any audits for ABAT? What was their reply?
=I will like to learn your opinion of this low volume.
That is an easy one. No MM will hold this stock in inventory. They are only matching buyers and sellers which is why it is so difficult to match orders. If you don't place a limit order... you will fill at 25 cents like we have seen many times the past few weeks. MMs know this is ripe for being suspended/revoked and you will pay dearly for them to take the risk and buy your shares. Another reason for the low volume is the most clueless people own it. They don't understand Bid and Ask and can't comprehend there is a 20% spread to sell now. They see .42 print and can't figure out why their limit sell order for .41 won't fill. It took .35 and .36 to sell yesterday. Just because one of the manipulators bought 100 shares late in the day for .39 doesn't mean you can sell close to there. The clueless will follow this down penny by penny instead of placing a limit order that can actually fill. Might still be able to get .35 for moderate volume, but it will take .20s to sell higher volume.
The big question is what happened to those 9 million shares? There isn't a new filing from anybody showing they are a new 5% holder. That makes me think that Fife might have wised up on the tax implications for his deal selling the old Helix assets to Sauer. He would have a huge tax liability and worthless shares he couldn't dump. Perhaps he declared the deal void and "gave back" the shares from the Helix deal while he still had time to file an Amended tax return.
That is what I would have done. I got burned many years ago when I took some Rule 144 shares as payment for some consulting work. Even though I couldn't sell the shares, I had to pay taxes on the value of the shares when they were issued. The shares tanked before I could legally sell them, yet I still had a huge tax bill. Go figure. That would be an amateur move for someone as experienced as Fife to get caught like that.
This is the accident you just can't turn away from. Now we are all watching to see who the fatalities are and glimpse the gory corpses as we go by.
More lies from twisty. Paritz & Company was NOT retained in March of 2015. There is no March 2015 update.
LMAO! twisty thinks if Paritz has some employees with Asian sounding names then they must be working with ABAT. Quite the stereotype, huh? Come on, twisty... you STILL think it is even a remote possibility much less probability that ABAT can file 14 different 10Q and 10K reports in 30 days?
WOW... delusional isn't the word for it.
=don't you think ethically and morally speaking the SEC should come up with a better way to protect shareholders than to simply deregister a company.
No. That is not their role. It is up to the courts to hold the companies accountable for transgressions. It is up to the SEC to protect the public and not allow tainted shares to be dumped to unsuspecting investors. The problem is the SEC acts in an arbitrary and capricious manner. They need to enforce their own rules and not allow scams to continue for years.
Miss one filing and have your symbol appended so the public knows you are delinquent. Hey, things happen. You are on the clock to correct the delinquency. Once you miss your second consecutive filing your stock is halted. No more manipulation where trading occurs on nonpublic information. You aren't deregistered at this point, just halted. There is still time for the company to come back into compliance. Once you are delinquent with your second consecutive annual report, you are deregistered. Make it simple and companies would know where they stand and investors wouldn't put money into shady operations.
I have told you over and over that judges and the SEC do not care about current shareholders. Judges only care about the interests of those in the Class Period for the applicable lawsuit. Those who hold after a company is exposed have their own greedy reasons and let the bottom-fishers beware. You should not be allowed to pawn your worthless shares off on others. The SEC needs to do their job of regulating. They fail miserably and the only way scams like Madoff and ABAT can go on for years after they are exposed is when corruption is rampant and people are being paid off.
None of you get it. As current shareholders you are asking the civil judges and SEC to help you and that is not their role. You need to file your petitions in the state where the company is chartered if you want to avail yourselves of the many options available to CURRENT shareholders.
=I am sure the SEC is aware of the circumstances why ABAT has not filed and will accomodate them until the filings are made.
What makes you SURE of this when you have seen the official position of the SEC in a brief filed in the CBEH case?
"Even if China Integrated should get all of its delinquent filings submitted before this Court rules on summary disposition, the respondent's securities registration should still be revoked based on its violations of the Exchange Act. In Absolute Potential, Inc., the Commission revoked the registration of the delinquent issuer despite the fact that it became current during summary disposition briefing. It is necessary to deter Absolute and other issuers from disregarding their obligations to present accurate and timely information to the investing public until spurred by the institution of proceedings. Deterrence is meaningful only if a lengthy delinquency, in the absence of strongly compelling circumstances regarding the other Gateway factors, results in revocation."
ABAT has been delinquent longer than CBEH. According to SEC guidelines they WILL be revoked regardless if they ever file again or not. Just a matter of time. Gee, who should we believe... the delusional ballsy who is SURE the SEC will not act or an official brief from the SEC stating the reasons for violating the law do not matter and a delinquent company needs to be revoked as a deterrent to other companies breaking the law.
So, ballsy, are you going to pay all these people what they lost when the SEC suspends/revokes ABAT and they get NOTHING instead of around 40 cents? After all... you are SURE the SEC will not act.
=I have no interest in calling the Sec number you posted.
Of course you don't. The delusional never like to be confronted with the truth. Ignorance is bliss.
=Those companies that were suspended (NOT ALL CHINESE) were all trading for fractions of cents for some time or not trading at all.
CFMI traded as high as $6 in August of 2011 after ABAT tanked for good.
STEN traded as high #$%$ just last September.
QSND was only as high as $1.01 in the last 5 years. This is the old "Archer" if you remember that brand name. That was a legitimate company for many years that couldn't adapt.
AGMC traded as high #$%$ in September of 2011 after ABAT cratered.
WNEA was "only" as high as .17 in the last 5 years trading over 136,000 shares on that day.
ZYCI was as high as $4.10 since ABAT quit filing.
SLVA was as high as $4.55 and $4 less than two years ago.
CHPI was as high as .70 in the past 5 years.
I guess by your own standards your statement would be a LIE:
"all trading for fractions of cents for some time or not trading at all."
Your use of the word "all" makes your statement a LIE by your criteria. These stocks were not ALL trading for "fractions of cents" or "not trading at all".
I'll prove your other comment is pure delusion in the next post.
How telling that ballsy has to zoom in on where the companies are from instead of what is important... the FACT that each of these companies is being suspended for delinquent reports and most have been delinquent for less time than ABAT.
Take a moment to call or email the SEC and ask them how a proven fraud that has been delinquent since 2011 is still trading while other companies are being suspended:
Delinquent Filings Group of the Division of Enforcement at (202) 551-5466, or by e-mail at DelinquentFilings@sec.gov.
Agent155 Media Corp. because it has not filed any periodic reports since the period ended September 30, 2011.
China Pharmaceuticals, Inc. because it has not filed any periodic reports since the period ended June 30, 2012.
China Printing & Packaging, Inc. because it has not filed any periodic reports since the period ended June
Silvan Industries, Inc. because it has not filed any periodic reports since the period ended December 31, 2011.
Ziyang Ceramics Corp. because it has not filed any periodic reports since the period ended June 30, 2012.
Defense Industries International, Inc. because it has not filed any periodic reports since the period ended September 30, 2011.
EvCarCo, Inc. because it has not filed any periodic reports since the period ended September 30, 2012.
Island Breeze International, Inc. because it has not filed any periodic reports since the period ended September 30, 2012.
Each of these companies and many more have suspended while being delinquent for less time than ABAT. Ask them why:
Delinquent Filings Group of the Division of Enforcement at (202) 551-5466, or by e-mail at DelinquentFilings@sec.gov.
So what you are saying is you believe somebody BOUGHT for .3835 and turned around 10 minutes later and SOLD for .4248? Incredible that after about 100 lessons on Bid and Ask over the years, you still don't get it. Here is an example for you:
Let's use cars. When you go to the Kelly Blue Book website you can look up the trade-in value of a car as well as the price you would expect to pay from a dealer. Think of the trade-in value as the Bid and the dealer price as the Ask. What you are proposing with your scenario is you believe you can go to one dealer and buy a car from them for what they would give someone for a trade-in value and then go down the street 10 minutes later and sell that dealer the same car for what the dealer would charge somebody. It ain't happenin'.
When you get confused about Bid and Ask, just remember the car reference. You don't get full price when you sell your "used" shares and you have to pay a premium when you buy "new" shares.
=How many times on this message board, you and others claimed that ABAT as stand now on the pink sheet "do not have any legal obligation to report to the SEC
Step away from the crack pipe!
You are utter and complete dolts. You have been shown the proof many times over the years that being on the OTC Pink is IRRELEVANT to their SEC REQUIREMENTS. Just go to sec.gov and look at the enforcement actions. You will see many OTC Pink stocks that are being revoked for being delinquent in their filings. That is PROOF that being on the OTC Pink does not absolve you of your SEC filing requirements.
Seriously, how can you see the proof dozens of times over the years you have been here and still make such an absolutely stupid statement? Bisschen Sie verruckt?