InvestorsHub Logo
Followers 1511
Posts 35219
Boards Moderated 7
Alias Born 07/12/2004

Re: chevelle 396 post# 2166

Tuesday, 09/29/2015 8:35:48 AM

Tuesday, September 29, 2015 8:35:48 AM

Post# of 2254
The SEC has demonstrated intolerance for SEC Registrants that do not meet their obligations to file Financials. Advanced Battery hasn't filed Financials since 2011 so it is unlikely the company can or will file ALL delinquent Financials immediately. Advanced Battery could have simply filed a FORM 15 4 years ago to voluntarily cease reporting to the SEC and become a non-reporting stock on the OTC, but the company did not do so, and it is too late to do so.

The SEC will revoke Advanced Battery's stock registration whereby the stock will no longer have a ticker and will not trade on any market.

This linked post will explain what will happen to ABAT....read the second segment on delinquent SEC Registrant Filers:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114783035

To bite the worm of incite is to bite the HOOK of the antagonist . They win .

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.