While, the recent Press Releases from ABAT have been encouraging, Chairman Zhigou Fu has not yet followed through with SEC filings. Additionally, ABAT failed to produce Books and Records by May 15, 2015 as required by the Delaware Court of Chancery. Subsequently, a hedge fund called Southpaw has made a Motion for Contempt and requested that ABAT be placed in receivership. Any shareholders who wish to join a group to also benefit from this receivership should contact email@example.com immediately. The group will close this Monday June 1, 2015.
Shareholders wish many blessings to Chairman Zhigou Fu, CEO Qiang Fu,
ABAT's Management and employees of Advanced Battery.
Congratulations on Case Dismissals & C.A. Settlement !!!
All Cases Against ABAT have been Closed with no evidence of fraud.
ABAT UPDATES SHAREHOLDERS ON
5,000,000 SHARE BUYBACK-CLICK HERE
ON INTENTION TO RELIST ON NASDAQ--CLICK HERE
click below for Court Filings
"Judge Approves Settlement for Nominal Amount and Closes Class Action"
"Plaintiffs Withdraw Appeal Against ABAT's Auditors"
Stock is up 100% in 2015 and has a current price target of $1.00
ABAT Book Value is $3.00 according to most recent SEC filing.
ABAT's Internal Audit for 2011 and 2012 is available HERE
Click Below for More Videos of
ABAT's Dongguan Opening Ceremony on YouTube or
Scroll Down for Slideshow of New Dongguan Facility
ABAT New Video Wuxi Promo Video Chairman Fu Keynote
(SLIDESHOWS of Opening Ceremony at ABAT's Dongguan Amperex and New Product Catalog Below)