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Re: PaigeCoverdale post# 942

Thursday, 11/03/2011 4:00:23 PM

Thursday, November 03, 2011 4:00:23 PM

Post# of 2254
You obviously have not read the recent ABAT financials. They have invested something like 30 to 50 million dollars in the 2 new production lines, and new plant, that will shift into production shortly (only weeks away at last report). Your credibility is gone now after claiming "when they have $100 million in cash", since they only had about 80 million and spent nearly 1/2 of it on the expansion the last 6 months!

But on the off chance that sellers show up (most likely in a panic, before a short squeeze panic), I will be buying just like I did APWR before it rallied 200% today, as I want more cheap shares too, but I will not lie to trick others into selling them to me cheap! My guess is shorts are getting scared here (after seeing what just happened to them with APWR today, thus the suggested sell and run posts here today! Nice try.

The fact the subsidiary was able to borrow cash with out ABAT assets securing the debt, confirms the subsidiary vehicle company is doing very well since the ABAT buyout, and does have the collateral needed to raise 8 million with out selling shares or borrowing from the parent ABAT.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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