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

To: Ken Chapman who wrote (2014)	2/18/1998 11:01:00 PM
From: kennbill	Respond to of 6464

Thank you Ken! Now that the SEC is watching the trading and the company is limiting its contact outside of official press releases, the day traders should go somewhere else. Long and strong on BAAT!

To: Ken Chapman who wrote (2014)	2/18/1998 11:20:00 PM
From: shashyazhi	Read Replies (2) \| Respond to of 6464

This appeared in the Los Angeles Daily News today: <Official to give papers on BAT Company to honor subpoena from SEC By Ben Sullivan Daily News Staff Writer Burbank--BAT International CEO Joseph La Stella said Tuesday he will honor a subpoena issued last week by the U.S. Securities and Exchange Commission requesting data on the company's "pulse- charge" automobile engine, which the company claims gets 100 miles per gallon of fuel. La Stella also said his tiny engineering firm will release, over the next several weeks, certified financial statements for 1997, begin quarterly financial filings with the SEC and apply for a patent on its engine technology. "We've been busy and are going to be even busier," said Bill Wason, President of the BAT subsidiary Dolphin Inc., which oversees the pulse-charge technology. Prompted by heavy trading in the company's stock, the SEC issued a sweeping subpoena last week requesting virtually all of the company's records and internal documents. Heading the 46-item list was a request for all available information on the firm's pulse-charge technology. La Stella said that he would go to jail before giving regulators technical documents describing how the engine works. La Stella said he feared competitors would get their hands on the unpatented technology. "We haven't entirely changed our minds," Wason said Tuesday. "We still have to get assurance from the SEC that they'll take adequate steps to safeguard our intellectual property." More than 130 million BAT shares have traded hands since Jan. 2 on speculation that the company has made a fundamental breakthrough in engine efficiency. The company's share price skyrocketed from 8 cents to $3.25, before losing much of the ground last week. BAT shares closed down 20 cents Tuesday, to 54 cents. In addition to agreeing to the SEC request, La Stella said Tuesday he would no longer participate in impromptu Internet chat-room discussions about his company. La Stella was criticized last week by a Utah Commerce Department official for taking part in the discussions and allegedly promoting BAT improperly through them. La Stella denied supplying false or misleading information about BAT online, but said that he will discontinue the practice nonetheless. "Unfortunately, there have been a huge number of impostors claiming to be Mr. La Stella that are providing misleading and/or false information to the public," the company said in a written statement. "Any further chat-room discussions will only occur if they are announced publicly on the (BAT) Web site or in a release with a specific time."> When one considers that the L.A. Daily News only devotes a page and a half to actual business news, BAT is getting a lot of exposure in the San Fernando Valley. This is the fourth in a series of articles by Ben Sullivan that have appeared since last month.