Stock Alert for Advanced Battery Technologies Inc. Issued by MicroStockProfit
08 Junio 2010 - 5:50AM
MicroStockProfit.com announces an investment report featuring
Advanced Battery Technologies Inc. (Nasdaq:ABAT). The report
includes financial, comparative and investment analyses, and
industry information you need to know to make an educated
investment decision.
The full report is available at:
www.microstockprofit.com/lp/ABAT
Advanced Battery Technologies Inc. (ABAT) is a holding company
with one subsidiary, Cashtech Investment Limited (Cashtech).
Cashtech is also a holding company with only one subsidiary,
Heilongjiang ZhongQiang Power-Tech Co. Ltd. (ZQ Power-Tech). ABAT
also owns a 49% interest in Beyond E-Tech Inc., a Company that
distributes cellular telephones in the United States. In April
2009, ABAT completed the acquisition of Wuxi Angell Autocycle Co.
Ltd.
Message Board Search for ABAT:
http://www.boardcentral.com/boards/ABAT
In the report, the analyst notes:
"The Company had total revenues of $19.5 million for the three
months ended March 31, 2010, an increase of $8.9 million or 82.9%,
compared to $10.7 million for the three months ended March 31,
2009. The increase in revenues was primarily due to the
contribution of sales from the electric vehicle business, which the
Company acquired on May 4, 2009.
"On March 30, and 31, 2010, ABAT held a product
promotion conference for its electric vehicles customers from both
domestic and overseas markets. Approximately 200 people
participated in this conference, including customers from
Netherlands, Chile, Canada, India, Afghanistan and hundreds of
Chinese companies."
To read the entire report visit:
www.microstockprofit.com/lp/ABAT
See what investors are saying about ABAT at penny stock
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nothing contained in any materials should be construed as a
recommendation to buy or sell any securities. MicroStockProfit.com
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CONTACT: MicroStockProfit.com
Brian Johnson
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