LaStella hyping BAAT on Ragingbull PR.
Thursday November 11, 9:31 am Eastern Time
Company Press Release
BAT International CEO Discusses Company Strategy And Projects On Raging Bull Web Site Forum
CHULA VISTA, Calif.--(BUSINESS WIRE)--Nov. 11, 1999--BAT International (OTCBB:BAAT - news) announced today that it is taking the unusual step of participating in a popular Internet forum on the World Wide Web. The forum can be found at www.ragingbull.com.
According to BAT International, a lot of misinformation was being circulated on the Raging Bull Web site for many months. The company felt it was important to set the record straight and correct the information posted because the bashers were extreme.
Many companies such as Nike have been hit by bashers on the Internet chat boards. Some have chosen to pursue litigation against people posting. BAT is more interested in correcting the information on the Web site and will, as an exception to its company policy, post messages at this site for a limited time period.
BAT International's Chief Executive Officer, Joe LaStella, has already begun posting messages on the BAAT forum on Raging Bull. Persons that are interested in participating on the forum are asked to first review the messages already posted by LaStella on the board. These include message numbers 3894, 3909, 3942, 3949, 3995, 3996, 4011, 4026, 4046, 4054, 4055, 4058, 4062, 4063 and 4066. LaStella's postings are a mixture of answers to specific questions about BAT International as well as reissuing of some information that the company thinks is important for the public to be fully aware of.
''The Internet represents a fantastic opportunity for a company like ours to interact with stockholders and other interested parties as never before,'' commented LaStella. The company plans to revamp some of its existing Web sites in the near future, as stated in one of LaStella's postings on Raging Bull, in order to keep stockholders up to date about company news and events. ''Actively participating in Internet forums on the Web is very time consuming because all statements must adhere to specific corporate guidelines,'' LaStella remarked.
BAT International is a publicly traded over-the-counter company. Stock quotes for BAT International can be obtained from www.stockmaster.com, www.bloomberg.com and www.aol.com. BAT International is organized as a holding company with major ownership in subsidiary companies that are commercializing advanced automotive and energy technology products developed by BAT International. Technologies developed over the last years include electric vehicles, composite chassis, super-efficient or high power IC engines, electric bicycles, advanced batteries, lubricant additives, and electric power generation.
This press release contains forward-looking statements that should not be used to make an investment decision. Please refer to the Web sites ( www.baat.com, www.electrobike.com, www.superbat.com and baat.com and other sources for recent and detailed company information on BAT International and its subsidiaries, or call Investor Relations at 619/409-8977. ------------------------------------------------------------------------ Contact:
BAT International Joe LaStella, 619/409-8977
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