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Pastimes : Scammy Awards... Thursday, Feb 25, 1999 at 9pm EST
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To: Senicko who wrote (391)2/25/1999 11:41:00 PM
From: Rande Is   of 445
 
This award goes to the Scammiest Business Plan:

. . . . and the Scammy goes to Don P for presenting us with

.

.

BAAT

BAT International (OTCBB:BAAT) Scammiest stock of the year.

These people have been trying to sell Dolphin Pulsecharging for years. They
claim that through a few simple modifications they can improve the power output
and or fuel efficiency of any internal combustion engine by 30 to 50%. This year
they "demonstrated" the technology by modifying a 1995 GEO Metro and getting
95 miles per gallon compared to the standard 50 MPG of a stock Metro. These
simple modifications included replacing the the Geo 4 cylinder gasoline engine
with a 3 cylinder diesel engine that reportedly been modified by BAT. (Bat
promoters didn't mention the fact that diesel fuel contains 13% more energy than
gasoline and that diesel engines are 35% more efficient than gasoline engines
because they operate at higher compression.) They then over inflated the Metro's
tires to 50 PSI (reducing road resistance so it took less fuel to move the car) and
drove around on a level track at 40 miles per hour.
The saddest part is they pulled this same scam three times in 1998 as insiders
continued to dump shares into the runups. Don't miss BAT press releases, they'll
probably get a Hugo award too.
Message 7177540
Message 7660323

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