BEST POST OF THE DAY--This will be my page for the best, most informative, thought provoking post of the day.
10/0/12
http://finance.yahoo.com/mbview/threadview/?&bn=bfa6494d-f152-3763-97df-554ebc935e79&tid=1349856130360-690bbc20-a6c5-4ab9-91c2-f9406a838be3&tls=la%2Cd%2C0
Part 2: ABAT's "TESLA FRAUD" .. Lawyers frauds in recruiting lead plaintiffs
By anatolegeiche44 . Oct 10, 2012 4:02 AM . Permalink
Lbcb:
As a master prevaricator and a half-truth virtuoso, you muddied up the clear issue of my post by sidetracking it into some cars models on ABAT's website. THESE CARS HAD/HAVE NOTHING TO DO WITH THE ISSUE.
The ISSUE is a VVR poisoned bullet: the irrefutable fakery of VVR public charge that ABAT was systematically defrauding the public by making it to believe that it manufactures luxury electric cars of Tesla class, while in fact it is manufacturing only some lousy bicycles. --- PERIOD. The mob's gun is discharged. Its poisoned bullet is in public mind. The stock collapsed. Hundreds millions of $$$ stolen. And nothing may change the glaring fact of the appalling crime and brazen mendacity of the criminals. So, stop your chicaneries. Enough of this. Your excuses, prevarications, half-truths (the worst of lies ever) are too late.
In said charge, VVR used, in an offhand manner, a silly semantic game: "Imagine! In its advertisements, ABAT called its lousy bicycles 'electric VEHICLES'! That is luxury electric cars of Tesla class!"
The mopeds and bicycles are of course VEHICLES, but common people are never sure of semantics subtlety and here this chicanery was entwined in the collapse of the naked shorted stock. So, the "easy-does-it" ploy worked perfectly, augmenting the panic, and the hundreds millions dollars were just falling in the bags of laughing mob like a magic windfall. So, again, it is too late for any semantic excursuses and excuses, for such a vile manner of defrauding the public, and for fouling the trails of your mob's crimes.
The mobsters-lawyers that are suing ABAT, were just in love with this pearl of mendacity. All those of them who spoke with me, ALL enthusiastically used it on me in their attempt to defraud and dupe me further to get me as their lead plaintiff, for it was contrived right for duping: so simple and easy to grasp for any fools: make bicycles and present them as a luxury electric cars!!! WOW!! LOL!! --: "Just look at this!" they were telling me. "This ABAT is making just some lousy bicycles; and they were telling the public that these bicycles are electric cars Tesla class! Isn't this something!"
~~~~~~~~~~~~~~~~~~~~~~~~~
MOREOVER:
This sick stuff was just at the beginning of the hit piece. And it was followed in the same "easy-does-it" mode by a chain of just as frivolous and brazen "it-appears" pearls of just very same brazen mendacity. The same vile mob/mafia's style, the same criminal intent and aim, the same hand, the same gun, the same bullets painted with the same paint. THE SAME ANONYMITY. The same vile laugh of the lowest life swindlers from under the same cover.
And each and every and all of these pearls of fakery were accepted by the mobsters-lawyers just "as is". Any independent investigation here is a sheer nonsense. Not only because the thieves do not investigate and expose their crimes, but also because all the " ATTORNEYS WORK PRODUCTS" are covered up by absolute immunity, meaning that no one whatsoever has any right to look at it and demand any proof of its authenticity. Everything in this system is designed to serve interests of crooks.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
BUT YOU, the "wise ones," that are reasoning "uuhh.. if VVR was wrong with the Tesla stuff, this does not mean it has to be wrong with the rest of the hit piece" --- explain how come?? Their very intent was to concoct a hit piece to rob the ABAT and shareholders by muddying up the ABAT, ITS CEO and all the situation. As a saying goes, "TO CATCH FISH IN MUDDIED WATER". They made a hell of preparation for this stunt. And then what? Some consciousness had awakened in the lowest life degenerates? And they got some noble desire to come out and stand up for the truth? How come they had forgotten then to delete their sick Tesla nonsense?? AND WHAT IS ABOUT THEIR HIGH CALCULUS OF THE ABAT's VALUE EQUAL TO ZERO?? Isn't this what they are still howling about here??
Or you , "wise men", just cannot realize that the intent of this ZERO was to shock and panic shareholders? And that it had worked perfectly when the public was reading this criminal rubbish as the naked shorted stock was collapsing and shareholders were losing their life savings ? So, you still believe that the VVR mafia was concerned about the truth and integrity?
In fact, like nothing else in the hit piece, this ZERO bespeaks about the truly abysmal mendacity and unscrupulousness of the VVR mafia and of the American law by mafia and for the mafia. Remember that Bernie Madoff's infamous "naked shorting addendum", that legalized mindboggling, systematic shorts crimes? It is still operative.
A.G.
FROM YAHOO 1/9/2012
Like the post. Hopefully you can find the time to plan a vacation to China soon (wonder if a trip like that would be deductible). Unfortunately I don't think it's that ABAT doesn't want the SEC looking over their shoulder (although that would be annoying). I think it has more to do with the SEC demanding an Executive VP level bank person to act as some kind of bank teller for the SEC (probably traveling to them on their schedule). Apparently the SEC still thinks China is a 3rd world country. Unfortunately too, China has a lot of regulations about money and what you can do with it. So what is the other big issue here? I am also a former auditor and I will tell you right now the issue.
"Mrs. Guohua, Wan is the Chief Financial officer, director of Advanced Battery Technologies Inc. Mrs. Guohua,Wan served as vice plant manager of Harbin Wood Ware Manufactory, General Manager of Harbin Sunraising Science & Technology Co., Ltd. She graduated from Heilongjiang Provincial Party College in economic management, engineer and economic engineer." - Bio of former CFO from ABAT website
I know the background of a public company CFO, I lived that path. And while ABAT's former CFO was probably a great fit for Chinese laws and regulations, she would not have had much of a clue on public filing and Standard accounting practices. Ultimately it was the continued failure to file on a timely basis that opened them up to this. That said the former CFO's resignation, while it seems negative, is actually a step forward.
ABAT needs to go get a US filing expert to help this company. The numbers will take care of themselves over time but right now they are really not where they need to be on staffing for the finance department. Mr Fu, I know it costs money, and I know you hate it, but you need it. Hire a new CFO, one that is not a former engineer or plant manager.
Cash confirms would be great too but unless the company can start producing consistent reporting that gives everyone warm fuzzies, then the shorts will just go after something else after the cash is confirmed. In summary, take a trip, meet Mr Fu, talk him into hiring someone appropriate. And hopefully I can follow in your multi-millionaire footsteps with my ABAT holdings.
http://finance.yahoo.com/mbview/threadview/?&bn=bfa6494d-f152-3763-97df-554ebc935e79&tid=1349856130360-690bbc20-a6c5-4ab9-91c2-f9406a838be3&tls=la%2Cd%2C0
Part 2: ABAT's "TESLA FRAUD" .. Lawyers frauds in recruiting lead plaintiffs
By anatolegeiche44 . Oct 10, 2012 4:02 AM . Permalink
Lbcb:
As a master prevaricator and a half-truth virtuoso, you muddied up the clear issue of my post by sidetracking it into some cars models on ABAT's website. THESE CARS HAD/HAVE NOTHING TO DO WITH THE ISSUE.
The ISSUE is a VVR poisoned bullet: the irrefutable fakery of VVR public charge that ABAT was systematically defrauding the public by making it to believe that it manufactures luxury electric cars of Tesla class, while in fact it is manufacturing only some lousy bicycles. --- PERIOD. The mob's gun is discharged. Its poisoned bullet is in public mind. The stock collapsed. Hundreds millions of $$$ stolen. And nothing may change the glaring fact of the appalling crime and brazen mendacity of the criminals. So, stop your chicaneries. Enough of this. Your excuses, prevarications, half-truths (the worst of lies ever) are too late.
In said charge, VVR used, in an offhand manner, a silly semantic game: "Imagine! In its advertisements, ABAT called its lousy bicycles 'electric VEHICLES'! That is luxury electric cars of Tesla class!"
The mopeds and bicycles are of course VEHICLES, but common people are never sure of semantics subtlety and here this chicanery was entwined in the collapse of the naked shorted stock. So, the "easy-does-it" ploy worked perfectly, augmenting the panic, and the hundreds millions dollars were just falling in the bags of laughing mob like a magic windfall. So, again, it is too late for any semantic excursuses and excuses, for such a vile manner of defrauding the public, and for fouling the trails of your mob's crimes.
The mobsters-lawyers that are suing ABAT, were just in love with this pearl of mendacity. All those of them who spoke with me, ALL enthusiastically used it on me in their attempt to defraud and dupe me further to get me as their lead plaintiff, for it was contrived right for duping: so simple and easy to grasp for any fools: make bicycles and present them as a luxury electric cars!!! WOW!! LOL!! --: "Just look at this!" they were telling me. "This ABAT is making just some lousy bicycles; and they were telling the public that these bicycles are electric cars Tesla class! Isn't this something!"
~~~~~~~~~~~~~~~~~~~~~~~~~
MOREOVER:
This sick stuff was just at the beginning of the hit piece. And it was followed in the same "easy-does-it" mode by a chain of just as frivolous and brazen "it-appears" pearls of just very same brazen mendacity. The same vile mob/mafia's style, the same criminal intent and aim, the same hand, the same gun, the same bullets painted with the same paint. THE SAME ANONYMITY. The same vile laugh of the lowest life swindlers from under the same cover.
And each and every and all of these pearls of fakery were accepted by the mobsters-lawyers just "as is". Any independent investigation here is a sheer nonsense. Not only because the thieves do not investigate and expose their crimes, but also because all the " ATTORNEYS WORK PRODUCTS" are covered up by absolute immunity, meaning that no one whatsoever has any right to look at it and demand any proof of its authenticity. Everything in this system is designed to serve interests of crooks.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
BUT YOU, the "wise ones," that are reasoning "uuhh.. if VVR was wrong with the Tesla stuff, this does not mean it has to be wrong with the rest of the hit piece" --- explain how come?? Their very intent was to concoct a hit piece to rob the ABAT and shareholders by muddying up the ABAT, ITS CEO and all the situation. As a saying goes, "TO CATCH FISH IN MUDDIED WATER". They made a hell of preparation for this stunt. And then what? Some consciousness had awakened in the lowest life degenerates? And they got some noble desire to come out and stand up for the truth? How come they had forgotten then to delete their sick Tesla nonsense?? AND WHAT IS ABOUT THEIR HIGH CALCULUS OF THE ABAT's VALUE EQUAL TO ZERO?? Isn't this what they are still howling about here??
Or you , "wise men", just cannot realize that the intent of this ZERO was to shock and panic shareholders? And that it had worked perfectly when the public was reading this criminal rubbish as the naked shorted stock was collapsing and shareholders were losing their life savings ? So, you still believe that the VVR mafia was concerned about the truth and integrity?
In fact, like nothing else in the hit piece, this ZERO bespeaks about the truly abysmal mendacity and unscrupulousness of the VVR mafia and of the American law by mafia and for the mafia. Remember that Bernie Madoff's infamous "naked shorting addendum", that legalized mindboggling, systematic shorts crimes? It is still operative.
A.G.
FROM YAHOO 1/9/2012
Like the post. Hopefully you can find the time to plan a vacation to China soon (wonder if a trip like that would be deductible). Unfortunately I don't think it's that ABAT doesn't want the SEC looking over their shoulder (although that would be annoying). I think it has more to do with the SEC demanding an Executive VP level bank person to act as some kind of bank teller for the SEC (probably traveling to them on their schedule). Apparently the SEC still thinks China is a 3rd world country. Unfortunately too, China has a lot of regulations about money and what you can do with it. So what is the other big issue here? I am also a former auditor and I will tell you right now the issue.
"Mrs. Guohua, Wan is the Chief Financial officer, director of Advanced Battery Technologies Inc. Mrs. Guohua,Wan served as vice plant manager of Harbin Wood Ware Manufactory, General Manager of Harbin Sunraising Science & Technology Co., Ltd. She graduated from Heilongjiang Provincial Party College in economic management, engineer and economic engineer." - Bio of former CFO from ABAT website
I know the background of a public company CFO, I lived that path. And while ABAT's former CFO was probably a great fit for Chinese laws and regulations, she would not have had much of a clue on public filing and Standard accounting practices. Ultimately it was the continued failure to file on a timely basis that opened them up to this. That said the former CFO's resignation, while it seems negative, is actually a step forward.
ABAT needs to go get a US filing expert to help this company. The numbers will take care of themselves over time but right now they are really not where they need to be on staffing for the finance department. Mr Fu, I know it costs money, and I know you hate it, but you need it. Hire a new CFO, one that is not a former engineer or plant manager.
Cash confirms would be great too but unless the company can start producing consistent reporting that gives everyone warm fuzzies, then the shorts will just go after something else after the cash is confirmed. In summary, take a trip, meet Mr Fu, talk him into hiring someone appropriate. And hopefully I can follow in your multi-millionaire footsteps with my ABAT holdings.
Very Hard to get a Loan in Chinaand yet ABAT succeeded.
http://www.bjreview.com.cn/business/txt/...
"Yang Xiaoqiang, professor at the School of Law of Zhongshan University, said when companies need financing, they would first turn to legal financial institutions. China's stringent money supply guidelines, however, make it difficult to get that financing, especially with commercial banks favoring powerful state-owned enterprises over smaller, less predictable businesses. The big companies may be unable to pay back the loans, but they still have the government for support.
Many of China's banks are steadfast in their approach to SMEs. Guaranteeing the bottom line is a priority, but saving small businesses from bankruptcy is not.
"We only support the companies we know well," said Lu Xianzhi, a director of the loan department of a branch of Agricultural Development Bank of China in Jiangsu Province. "We take money from our depositors, and we must be responsible for them. We have rules when giving loans."
So if the banks trust ABAT, why shouldn't we?
http://www.bjreview.com.cn/business/txt/...
"Yang Xiaoqiang, professor at the School of Law of Zhongshan University, said when companies need financing, they would first turn to legal financial institutions. China's stringent money supply guidelines, however, make it difficult to get that financing, especially with commercial banks favoring powerful state-owned enterprises over smaller, less predictable businesses. The big companies may be unable to pay back the loans, but they still have the government for support.
Many of China's banks are steadfast in their approach to SMEs. Guaranteeing the bottom line is a priority, but saving small businesses from bankruptcy is not.
"We only support the companies we know well," said Lu Xianzhi, a director of the loan department of a branch of Agricultural Development Bank of China in Jiangsu Province. "We take money from our depositors, and we must be responsible for them. We have rules when giving loans."
So if the banks trust ABAT, why shouldn't we?