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Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air -- Ignore unavailable to you. Want to Upgrade?


To: Fletcher155 who wrote (2005)2/18/1998 7:16:00 PM
From: shashyazhi  Read Replies (2) | Respond to of 6464
 
To all: this LA Times article will not be available for free tomorrow, or I would post a link to it:

<BAT International Cites Impostors For Woes

By Victoria Hua

BAT International Inc., which has been subpoenaed by the Securities
and Exchange Commission, attacked Internet "impostors" for spreading
misinformation and said it has complied with federal regulations. The SEC
subpoenaed financial documents and patent information from the Burbank
automotive technology company last week following high-volume trading of
the company's stock. "Any time there's that much trading, it triggers a
'hmm' from the SEC," said Bill Wason, president of a BAT subsidiary that
develops car engines. He said the company was working to comply with the
SEC subpoena by today. SEC officials would neither confirm nor deny the
existence of an investigation. Earlier this month, more than 24 million
BAT shares were traded in one day, fetching prices as high as $3.25.
Share prices then began plunging. BAT, which had become a topic of
discussion among investors over the World Wide Web, blamed the unusual
trading activity in part on comments made by unnamed people who allegedly
masqueraded as company President Joseph LaStella in Internet "chat
rooms." Tuesday, BAT shares fell 2 cents to close at 54 cents on the
Nasdaq bulletin board.>

This gives exposure of BAT's position on the matter to Los Angeles investors who may not follow it electronically



To: Fletcher155 who wrote (2005)2/18/1998 8:42:00 PM
From: Big Dog  Read Replies (1) | Respond to of 6464
 
Let's just hope that Joe is able to ward off the SEC. Then strap yourself in.

BIG DOG