=Paritz has experience with chinese companies.
Paritz does not have the ability to do the level of forensic accounting in China required for a company with this many allegations that have not been successfully refuted. They especially do not have the staff to do 4 years worth in a couple months.
=Abat has prepared the financial statements for 2011 and 2012.
LOL... They didn't even have a CFO for years. They STILL don't according to SEC filings. There has been no REQUIRED 8-K informing of a new CFO since Guohua Wan resigned in 2011.
=If Mr. Fou says that the financials will be audited by 03/31/2015, why not for Christ sake.
Ummm... because he is sleazy and nothing else he has stated in the past years has come to fruition. This is a man who gave himself a phony Entrepeneur of the Year Award from an organization that only exists in an ABAT PR. You keep watching for your audited financials. I'm sure you will see them... in the coming months.
Let's see a show of hands. Now how many of you actually believe that a tiny, regional accounting firm out of New Jersey (Paritz) is going to complete 4 years worth of audited financial reports and ABAT will file them in the next 8 weeks? A WHOLE YEAR of audited financials every two weeks for the next 8 weeks.
Pretty unbelievable what you people will fall for.
=I have moved on...l.suggest you do the same
So "moving on" was making this comment that initiated a thread YOU began:
"Anyone associated with this company or this board is a liar, a moron, a criminal or all three."
So which are YOU? Oh yeah... you are in denial about many things. Nothing applies to you:
"It was a fluke that I got involved with this in the first place"
I merely pointed out that your blaming AAII was hogwash since you admitted to buying more AFTER the house of cards toppled and you KNEW for a fact all was not as rosy as your delusions made it out to be.
You even said this to the poster-child for the delusional:
"I must admit I am still curious whether you and Joe actually believed so strongly that there would be a good outcome. I actually bought more shares after it resumed trading in part due to your comments."
So, yes, you do deserve to be called out on it. You believed conmen on an anonymous message board who never backed up anything because they spewed a message you WANTED to believe while attacking others who provided the supporting documentation that things would go badly here. After all of this you have the unmitigated gall to come back and tell EVERYBODY ELSE that THEY have a problem and you were just an innocent bystander who got blindsided by a unique series of events out of your control.
I WILL stand up for truthwantsout, Joe and every other contributor to this board long or short who you slammed with this thread. Okay... except qdog. He really is a sick, mentally ill puppy.
Those who live in glass houses shouldn't throw stones. I have moved on as is evidenced by my number of posts here. LOL... I'm even a shareholder with my tiny position still waiting for a pump & dump ploy that may or may not ever come.
You got called out on your hypocrisy by truthwantsout and myself. That about sums it up from both sides of the spectrum.
= the allegations came out and it began to go down just as quickly as it had gone up. Having seen it trade much higher I had no problem doubling my investment on the way down
I reiterate... this is why you are a failed investor. Instead of verifying the allegations, you chose to go all in because you had "seen it trade much higher". Can you really not take a step back and see how idiotic that is?
=It was also endorsed by Jim Rogers
Another idiotic reason to buy a stock. Rogers has a looooong history of saying things publicly that are contrary to his actual positions. Cramer used to be the same way years ago, but he has gotten better about being truthful with what he really believes instead of just creating volume for his own trading agenda.
=when they "vehemently denied" the allegations I doubled yet again.
Even though you could see the documentation PROVING the bond offering was real. You are still too dense to understand what was proven and your consistent history is to fail to verify information you don't want to believe. That is the definition of delusional.
= I also Googled Jon Carnes and got the distinct impression that he was not to be trusted.
LMAO! You didn't need to trust Carnes. He provided nothing. It was, then, and always has been the INFORMATION that you need to verify and not who provides it. You can't get that through your head and that is why you keep losing money on proven frauds.
You made the same mistake with your flawed logic that many fools have. "Carnes is bad so XYZ stock must be good". Well can't they BOTH be bad? I believe absolutely nothing from Carnes I can't verify for myself. Joe liked to keep harping on "chick with business card". That supposed interview meant absolutely nothing to me. A major flaw of Carnes is he piles on with things that can't be independently corroborated when he has verifiable facts that are strong enough to make the case.
To this day you say nothing was proven.
It ain't just a river in Egypt...
=Yes I lost about 4 grand in one of my IRA`s
YOU BOUGHT A CHINESE STOCK FOR YOUR IRA!
You need to see an attorney. Whatever broker allowed you to buy this stock for your IRA should be sued.
=The only thing I don't agree with is that you had "supporting documentation". You had theories and so did the other side.
Your delusions and denial prevented you from verifying what was PROVEN FACT and distinguishing it from the information that was clearly presented as opinion.
=I couldn't get out of the position while it was halted.
But you COULD get out BEFORE it was halted. You said you were the last buyer at $3.07 the morning it got halted. That was averaging down for you.
apple072458 • Apr 8, 2014 4:37 PM Flag
By the way the last actual trade of $3.07 in pre-market the morning it was halted....that was ME. I am so f***ed.
Of course that was a lie as $3.07 was the last trade from the previous day and it actually traded sub-$3 in premarket the morning it was halted. Others pointed this out to you, but you clung to your lie.
This was the most hilarious of all:
apple072458 • Aug 12, 2014 1:06 PM
I sold a little over half my position, some for $1.10 some for $1.00. Felt bad doing it but I was stuck with a lot more shares than I ever planned on owning. Was averaging down the week it was halted. I own 2,500 shares and I am pretty much break even. The shorts have had their day so I trust they can move on and allow those of us that are actual investors to use this forum to exchange information as this board was intended.
Your initial buy was probably in the $5s and you averaged down in the $3s and $4s, but you broke even selling at $1.10 and $1. Suuuuuuure you did.
Your last sentence sums up why you are a failed investor. You failed to verify the contrarian argument and think this forum should only be used by longs "as this board was intended". This forum is NOT intended to be a mutual admiration society where only positive things are posted. It is a DISCUSSION forum and instead of DISCUSSING all information available, you ignored all information that didn't fit with your delusions.
=Anyone associated with this company or this board is a liar, a moron, a criminal or all three.
Now now... is that any way to talk to your betters? Face it... you are one of many fools here who refused to verify information because you didn't like the personality of who presented it. You chose to believe those who were playing you instead of those who provided the supporting documentation showing this was a fraud.
Thanks for posting that again, twisty.
"to audit the Company's financial statements for the years ended December 31, 2011, 2012, 2013 and 2014."
Do you honestly think they are going to spend the two to three million dollars and be able to do FOUR year's worth of audits in the next couple months? Nope.
It was hilarious what they attributed the drop in their stock price to:
"While our Company's stock performance has been disappointing in the past 3 years given the capital market conditions"
LMFAO! It didn't drop because of "capital market conditions". It dropped because they are a proven fraud that couldn't even verify cash and got delisted from NASDAQ when all it would have taken was a letter to get a six month extension... and another... and another.
=we look forward to reporting solid operational and financial results to our shareholders
Another proven lie. So, twisty, are you going to answer it TODAY? If ABAT really wants to report financial results to the shareholders... how come they don't immediately release all SAIC and SAT filings that they already have in their possession?
Is that contradiction REALLY not apparent to ANYBODY who holds this stock? They aren't going to report anything, because if that was their intent... they would release all SAIC and SAT filings IMMEDIATELY.
=When analysts say a mid range phone for CHINA it means that apple will have to SLASH margins (really!!!) to have any market share and compete.
LOL... what don't you understand about "when analysts say". It was a quote from another source and you KNEW it was NOT from me. I had already posted the full quote from the analyst.
How come you didn't post the paragraph immediately following?
"You also misrepresent that I somehow believe AAPL is a terrible company and things will be straight down. I have always said just the opposite. They are a good company, but they will need to change their current dynamics in a huge way to avoid $350 next year. They could do it. They have enough cash to pull it off if they use it wisely, but they don't have the mojo yet and need to alter the market perceptions"
So much for your lie about my GUARANTEE. I have always said they had enough cash to turn things around. A combination of using their cash for tens of billions of dollars of share repurchases, copying Samsung to make the bigger phones people wanted, Samsung failing to innovate, subsidies not ending as numerous articles stated would happen, etc. etc. AAPL did change the market perception as I had always stated was a possibility. Why do you keep lying about my comments when the clear words are there for all to see?
Guess you don't have any tax clients, either, or you wouldn't be here during the height of filing season.
I'm happy for you that your paper trade is doing well after all the hundreds of thousands of dollars in paper losses you would have had if you bought all the Calls you claimed that all expired worthless.
So are you buying up TWTR at $36 which is already down another 10% for you? OMG... from your AMZN and P Puts to all your other failed trades... you are an even better contrarian tip than realdutch. At least he had a winner in 1 out of 10.
=you said I was a drunk when I suggested apple could sell 50 million homes one qtr
Now they are in the real estate business, too? Yes, you are a drunk. Nobody could post like you do with so many blatant lies and contradictions unless they were a substance abuser and/or seriously mentally ill.
=Jan 5 2007 1000 buy at 85. It was my first buy ever of apple.
But, ditzy... you just said:
"I bought 1000 at 120,8-10-07 and then another 1000 at 85 that same year"
Hey, "teacher", you do realize that when you say "AND THEN" it means you did something AFTER.
It is hilarious how you keep getting caught in lie after lie and then you try to twist your way out of it.
"I first bought apple and found my first buy of 500 shares at $80.50"
ditzil • Dec 8, 2011 3:23 PM
I have had aapl for three years first buying at 120
ditzil • Dec 24, 2011 8:22 PM
Aapl is all in my wife's account. She knows I'm a gambler.
But ditzy... you said they were your shares... they are really all your wife's?
ditzil • Jun 21, 2012 8:31 PM Flag
When I first bought aapl at 128 it quickly went to the 80's
Then why would you come up with an exact figure of $80.50 where you supposedly bought?
Another poster was nice enough to give us the scoop on ditzy to check out:
elect1929 Jun 22, 2012 2:01 AM Flag
He was on the apple board about a year ago saying he bought at 385. a 100 shares. He kept posting saying he was buying apple calls and no one could find them. Then he vanished from the board. He has lost a lot of money in the market. He is a retired school teacher from PA. Always talks about how his wife locked him out of her 401K. He claim he has money to burn well he sure has with some his bad trades and fake calls.
Beware of this one he tries to to pump and dump dogs with fleas.
It is great entertainment reading ditzy lies. He kept changing the number of shares he owned. I documented all those inconsistencies in another post. When drunk, he talks about how badly he will be hurt by ABAT and then he claims it means nothing to him. Do you realize he bought ABAT in his IRA? He said he would be wiped out there if ABAT didn't come through. Once he sold out of ABAT for a loss, you could tell he wasn't making real trades anymore. Nothing ever matched up with what he was saying.
=I bought 1000 at 120,8-10-07 and then another 1000 at 85 that same year pre split. Those were my first two initial buys.
Another lie that can be PROVEN. You claimed to buy at $85 after 08/10/07, but the lowest price it hit after that date was $15.9457 just 6 days later on 08/16/07. That would be $111.62 and it would have been impossible for you to buy for $85.
The reason he added the $85 trade now after claiming for years his first buy was $120, $118, $125 or dozens of other numbers he has given is he posted the $85 number not long ago on another board. He knew he was busted and now claims his second buy was at $85 the same year.
LMAO! ditzy busted yet again in a proven lie!
=I'm tired of posting your exact words.
Of course you are. It just proves you are lying about what I actually stated. I have no problem posting YOUR exact words as it proves you are a liar.
I was really hoping to be able to short around $120, but I didn't chase it and held out. Good company that had a lot of things go right for them, but it is unsustainable quarter after quarter. The only question is how low the institutions take it before they begin buying back more stock.
There is no way I would have said over a year ago that "apple's market was saturated". You are making things up again. Show me a post of mine from over a year ago where I said this.
Why do you keep lying without documenting what I actually said? I provide your posts which PROVE you are a liar, yet you have never shown a single lie from me.
So, ditzy, how much did you pay for your AAPL stock? LOL... I'll bet you I can show 20 different numbers you gave. If you wouldn't lie... you wouldn't need to remember what you posted. Come on, ditzy... what is the real number? Where did you first buy AAPL?
I rarely "rate" a post, but this is a good point:
"The moral force in the world likes it when the liars say "uncle" after a certain time, apologize, try to make amends and ask for forgiveness and give back what was ill-gotten gains."
I agree that people have the ability to forgive when someone comes clean and attempts to make amends. ABAT could probably have a much higher market cap if they admitted their transgressions and promised to do better in the future. I said that a looooong time ago:
lbcb321 • Jun 1, 2012 2:38 PM Remove
3 users liked this posts users disliked this posts 0
"but no news is better than bad"
That is where you are wrong. If ABAT were to "come clean" and admit past problems, restate past information and promise to do better in the future... you would see a higher stock price than under these conditions where they have been silent for months and there is a very good chance of you being totally wiped out.
There is no "honor" in totally abandoning your fiduciary duty to your shareholders.
I said that years ago and it is more true today.
=I'm up 2.4 million on apple and recently traded 4 times for 50k profit.
I read your contradictory posts on other boards. If you're going to lie, ditzy, you need to quit drinking. You can't remember what you post from one day to the next.
After hours high - $116.46. After hours low - $109.11. Difference is 6.7%.
"I predict a 6% spread from the after hours high to the after hours low."
I didn't get my $120 to go short. Maybe tomorrow. We'll see if the institutions start selling out of the gate or if they wait a little bit.
One more issue that will affect AAPL in the next iphone cycle... they finally put out a decent phone by copying Samsung with the bigger screens. People kept wanting to upgrade hoping the next iteration would finally be something they would want to keep. There won't be as many people upgrading next time. They will hang on to what works for them.
AAPL had a nice run just as they did three years ago. The institutions have started selling the last couple days. I'm still hoping for a nice pop to short them. I think there is a 4% to 5% gain to be made in after hours trading. The ignorant always jump in when they see the top-line numbers and then once the forward guidance comes out... it starts tanking from the highs. I predict a 6% spread from the after hours high to the after hours low.
Hey, ditzy... it is amazing that after all this time you still can't read. Don't you know the difference between the letter "l" and "i"?
Sure you were a teacher. Oh yeah, you are a professional tax accountant, too, even though tax season has begun and you are spending all your time spouting off about your paper trade in AAPL.
=not sure of the logic in buying cat.
It's called buy low, sell high. They are a quality company at a temporary low. 3.3% dividend and they know how to survive bad conditions and thrive in good ones. Once more... this isn't a short-term trade. This is a safe place to park longer-term cash at better than money-market rates.
=show me any mining sector that is expanding
You're too narrow in your understanding of what CAT is and does.
=not sure those best plays out there
Depends on your goals. Those with wealth need to park cash in uncertain economic times like these and PRESERVE their wealth. Doesn't hurt to have a nice 3.3% dividend for income, also. If you are younger and need a more aggressive play to grow your money... that is a different situation.
Cummins (CMI) is another great one to buy and hold if you are looking to preserve what you already made. Dividend for income and they are growing at a very nice rate. They are in a more aggressive period and are doing well in China and are gaining footholds in their core businesses while continuing to diversify. Ford has a really sweet new truck with the 6.7 Liter Cummins diesel engine. Cummins is an awesome company that will reward in the long-term even though they could have some short-term trouble after some nice moves to the upside.
CAT, DE and CMI will all remain strong through the years while AAPL is a good example of a stock that will blow hot and cold and is not diversified enough to reward you for years in a safe manner.
LOL! Where do you come up with this stuff, ditzy? Your statement I was "wrong" would require I am on the record somewhere giving an opinion on the number of phones AAPL would sell in China vs. the US. I have never commented on this one way or another, so explain how I could be "wrong" on it?
The only comment I ever made about AAPL and China was saying the China Mobile deal news was already built into the stock and it would be a buy the rumor, sell the news event when it was formally announced. I was 100% correct on this as the price dropped $50 quickly after the formal announcement. As a matter of fact, after that big drop was when the share buyback program began in earnest and AAPL spent tens of billions of dollars buying back their stock to keep it from sliding further.
=Has he said one right thing about apple.
Wow, ditzy... my MANY prescient comments regarding AAPL are well-documented on this board.
=That's why his guarantee is 400 points wrong.
Still waiting for you to back up this "guarantee". My posting on AAPL has been specific and consistent. I have never made any GUARANTEE on anything regarding them.
I document YOUR lies... how come you have NEVER been able to show my exact words and prove they are a lie?