Lawsuits? Might as well try to sue a bunch of gypsies. GE has a 300+ million dollar lawsuit(s) in several countries against Apwr (similar in many ways to ABAT) and judgements against Apwr in China that GE has failed to collect a dime on, Apwr was the stock symbol, now SEC revoked with no stockholder warning. I got out of this one last year with my skin, but lost on Sior (mentioned here a few posts back about the the bad advise they took from the SEC to let the stock be revoked, real bad advise, may need to sue the SEC for that advise?), and Apwr to mention a few.
If ABAT cared about US shareholders this would not have happened. What is interesting is that ABAT (and I think Apwr) showed up in US courts to fight the earlier lawsuits and settled. If ABAT has US assets and plans to sell product in the US they might fight a so called class action US Investor lawsuit again, but the last suit got chump change and gave up. In other words ABAT won and that is why the stock rallied one last time in 2014. But if that were likely we would have seen a PR by ambulance chaser law firms asking stock holders to sign up and pay to be the main client.
Time to put a fork in this one I fear. Sorry to say this, as I have been in this situation with others.
