Advanced Battery Technologies Inc. (fka ABAT)

[RealDutch]

deliberately not allowing auditors to verify cash

You got your facts wrong again. The auditor has nothing to do with this, and they have been siding with ABAT from the beginning.

It was the main branches of a number of banks who refused the auditor on their premises, checking on them, to see if the banks do their jobs properly. This should not be a surprise, and Nasdaq should have known better. Because the whole idea was stupid.

Nasdaq invented a procedure that questions and compromises the integrity of the bank. And obviously it will not be tolerated by any bank.

There is no need for smart investors to verify the cash. Because almost all of it was invested in hard assets (new plant). It's a simple matter of adding up a few numbers.