Advanced Battery Technologies Inc. (fka ABAT)

[Ecomike]

My guess is the 40 million might be used to buy CSGH, to further vertically integrate ABAT, if and when the opportunity arose!

Did you miss the news today on APWR? Nasdaq has withdrawn the de-listing decision, that is why APWR is back up near $1.00 from a low of .20 the other day. If NASDAQ really still thought APWR was a fraud, why would NASDAQ back down?

I also suspect shorts are panicked at today's news, thus the reason for sudden posts out of no where saying to sell ABAT and run for your life?

I suggest you cover your shorts while you still can! GO ABAT!!!!

SHENYANG, China, Nov. 3, 2011 /PRNewswire-Asia-FirstCall/ -- A-Power Energy Generation Systems, Ltd. (OTC Pink: APWR, "A-Power" or the "Company"), a leading provider of distributed power generation systems and manufacturer of wind turbines in China, today announced that the NASDAQ Listing Qualifications Panel (the "Panel") has determined not to continue with delisting the Company's common shares from The NASDAQ Stock Market LLC at this time. The Company has been granted until December 31, 2011 to file its Annual Report on Form 20-F for the year ended December 31, 2010 with the U.S. Securities and Exchange Commission.

The Panel may move to reinstate trading of the Company's common shares on NASDAQ following a review based on, but not limited to, the compliance with listing standards, filing obligations, and information relating to improvements in the Company's internal controls, provided that no new information arises that would merit an investigation by A-Power's audit committee of its board of directors and that the Company cooperates with any further requests.

A-Power's common shares are expected to continue to be eligible for trading in the OTC Pink Limited Information tier of OTC Markets Group Inc., under the trading symbol APWR, pending reinstatement of trading on NASDAQ. For information about quotes and trading, please visit http://www.otcmarkets.com/otc-pink/home.

The Company is working diligently to evidence compliance with the Panel's terms and all further requirements for continued listing on The NASDAQ Global Select Market; however, there can be no assurance that the Company will be able to do so.

Read more: http://www.nasdaq.com/aspx/company-news-story.aspx?storyid=201111030845pr_news_usprx____cn99407&title=nasdaq-panel-issues-favorable-decision-for-a-power#ixzz1cfzzNBpD