Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: shashyazhi who wrote (2896)	3/18/1998 11:38:00 AM
From: Jgilbert	Respond to of 6464

I have an MBA in finance, and a JD. I used to be a vice president in corporate lending of a very large bank. I'll be damned if I can figure out the financial statements published on BAT's website. Not only are the columns not properly aligned, but the years are confused, 95 sometime, 96 others. I defy anyone to make sense of them. Even the accountants are as guarded as they can in their opinion. I don't have a lot of this stock, so I think I'll stick it out just to see how the comedy plays out. Best wishes to all.

To: shashyazhi who wrote (2896)	3/18/1998 7:54:00 PM
From: ppatterson	Read Replies (2) \| Respond to of 6464

I am new here... but I have been following all the BB posts on BAAT for the last couple of months. I am definitely long on BAAT and have been holding my shares for over 1 1/2 years. I really expected this stock to take off a lot better than it has... however I have not given up hope. I value your opinions from all the postings that you have made and would very much like your opinion on the following: I was originally enticed to investing into BAAT based on the zinc air battery design. Everything sounded great from the news that the company was posting. They even set great distance records with the small test cars. The last thing that I read about ZAT was that they decided to go with a HUM-V design using multiple platforms with the new battery design. This concerned me since they had already tested the use of the battery in smaller cars. It seemed like it was the perfect fit for the EV1 that GM has... Nothing has happened with a deal. I talked with a military officer at a local air show that had some HUM-V's on display. I felt better about the vehicle after our discussion. He said that the vehicle was highly regarded all over the world and had power steering and brakes and could go in about any terrain. The body will have to be modified with new materials since the type in use is so heavy. Yet there has been nothing since BAAT setup the Green Car division, and had potentially a deal to build cars in Barbados or some small island. The Electrobike has proven to go beyond anything currently in existence. Lee Iacocca even is trying to get into this market. It seems that they would be pushing for deals in China especially with the bike market that they have. No deals yet. The Dolphin Pulse Charge really astonded me... especially because of the potential for all types of combustion engines. I am still holding my breath on this one. Now they are getting into power generation, potentially another windfall. It seems to me that they are into a lot of things, introducing new technologies but they are not following through on any of them... at least there is no results to date from lucrative contracts. I also remember reading a post somewhere from a former BAAT exec that was involved with the Electrobike, that resigned because there was lack of focus. Just from recent news, it looks like they are somewhat scatterbrained. The only thing that bothered me about the financials was BAT's inability to pay for payroll taxes. I would want to keep the IRS out of my company as much as possible. What are your views on the above comments? Do you think their trying to offer non stop shopping for future clients (countries)? It seems to be working for a lot of computer companies (ie Cisco, AT&T) Keep up your informative posts, I appreciate all the information that I can get.