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To: JJMM who wrote (27646)6/26/1998 3:39:00 PM
From: Zakattack  Read Replies (2) | Respond to of 34592
 
BAAT...
BAT International First Quarter Financials to be Posted on Web Site
BURBANK, Calif., June 26 /PRNewswire/ -- BAT International (OTC Bulletin Board: BAAT - news) will publish its first quarter financials Monday, June 29th on its web site: baat.com

A summary of the key financial highlights of the first quarter financials and other subsequent related finance events are as follows:

1) BAT's cash position has increased by $998,000.

2) One BAT subsidiary company has been added in the first quarter (Southern States Power Co.) that is involved in power generation and electricity sales (see press release 3/17/98).

3) One BAT subsidiary, Global Green Cars, has completed a vehicle manufacturing plant in Mexico that will be producing electric vehicles and providing components for worldwide manufacturing sites (see press release 5/6/98).

4) One BAT subsidiary, Ultra-Force Battery Co., has a plant under construction in India to manufacture advanced nickel cadmium and nickel metal hydride batteries for EV/telecom/ industrial battery markets.

5) The SuperBAT New Products Division has been spun off as a subsidiary company, SuperBAT Inc., to market a new line of anti-friction metal treatment products using a $10 million dollar commitment of funds to initiate a national ad campaign (see press release 6/19/98) with product sales already occurring.

SOURCE: BAT International