ABAT American Battery Technology Company

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

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