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Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air
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To: Richard L. Williams who wrote (940)2/7/1998 1:04:00 PM
From: Richard V Davis  Read Replies (2) of 6464
 
I just read the article. I have been following BAAT for about a year. I own a tiny amount of stock.

I think that BAAT and Joe may have a case against Barron's for libel or slander or some mis-statement statute. The article quotes Joe as saying BAAT has "implied high level business relationships with Daimler-Benz, Volkswagon and Lockheed Martin, (he) alluded to a major distribution network in India and mentioned other media inquiries."

The author goes on the talk about the fact that BAAT claims that BAAT's engine modifications are simple and non-high tech. The author is derisive and outrigth rude.

The final section is critical of BAAT's IPO, IPO location and the fact that it has cumulative revenue of less than $ 200,000. He makes fun of the statement by Joe that BAAT is an R&D company. Final sentence is concerning this R&D statement: "Right. It's a good story, and he's sticking to it to the last drop".

Obviouslly the author did not do one single instant of research on this article. He (or she) did not contact any of BAAT's venture partners. The quesiton of battery technology is glossed over although Joe apparently talked about them.

Anyone have any connection at Barron's? I think they owe BAAT (and it's stockholders) an apology. Suggestions? I think a full page retraction/correction in Monday's NY Times and the WSJ is in order.

Argh. I do not mind accurate reporting I hate stupidity with a forum.

Rick
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