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


To: happyman who wrote (2986)3/21/1998 9:43:00 AM
From: shashyazhi  Read Replies (1) | Respond to of 6464
 
SSPC is not a publicly traded company. All of BAT International's
subsidiaries are private companies, spun off from the parent company
so that they can manage their product more efficiently.

" B.A.T. has substantial holding {stock and stock options} in each of these companies and further has a licensing agreement with each company that will bring cash royalty's back into B.A.T. International. Each corporation can now function based on its own technology, raise its own funds and have its own management and research facilities. In the process, B.A.T. International is left with only assets; and is then free to use its international name to attract other technologies, which can later spin off into additional subsidiary companies."ÿ

Check the
BAT web site at baat.com for an explanation of
corporate organization.