To: Zbyte who wrote (6421) | 11/3/1999 6:46:00 PM | From: DonP | | |
Too bad I sent all the rest of my money to the OJ SIMPSON DEFENSE FUND!!!!! HAHAHAAH!!!!!!!!!AHAHAHAHAHAHAHAHAH
This just gets funnier every day!!!! |
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To: Ridi J who wrote (6419) | 11/4/1999 6:17:00 PM | From: Clay Degenhardt | | |
That was a hilarious press release; took me 2 days to gain control of myself and respond:
"BAT International said it still maintains its strong equity base".... so strong was said equity that they were too embarrassed to release financial statements!
"BAT International intends to aggressively fight back with litigation" .... should read "BAT International will hereby liquidate remaining meager assets in order to prevent individual(s) from seeking financial justice".
"13,000 active, loyal BAT International stockholders"... more like "13000 vehement investors who now hold stock worth pennies and can't be bothered to pay the brokerage fee to liquidate it."
"During the next three weeks, BAT International will be releasing new information about exciting company developments, reorganization of company divisions, and a complete redesign of the company's flagship web site, www.baat.com, in order to provide stockholders with up-to-date information" ... this was the only highlight of the press release! if BAAT stays intact, we might see the hype machine revving up again! BTW: I've never heard of a home page being called a "flagship web site". Of course, everything BAAT says is supposed to happen in "3 weeks", but never does. |
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To: Clay Degenhardt who wrote (6423) | 11/4/1999 11:50:00 PM | From: Richard L. Williams | | |
Bravo, Clay! It's clear to even the casual observer that without its being able to go to the trough of public share sales, BAT International is on its last legs. I expect BK (or more likely, ceasing of "operations") in six weeks or less. BAAT prolly cannot even afford a lawyer to file for bankruptcy, so we will simply stop hearing from them.
But if it worked....$20 from 13,000 people would yield them $260,000...enough to keep things going another six months at least. Good for the investing world that it won't work, and Joe and his buddies will have to find real work in Y2K.
It takes me two weeks of nightmare-inducing work to earn what I lost investing in BAAT. I will never cut this "company" a break in any posting I make. It was, still is, and as long as it exists, will be, a scam.
Wish I had seen that truth earlier. If I had sold my stock when the couch was on display (the 1st time I doubted LaStella's sanity), I would have saved a few bucks.
Alas, they went into the pocket of a con artist. Good thing I own HTSF!
Rick |
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To: Ronald Kronemann who wrote (6184) | 11/5/1999 1:03:00 AM | From: Ted M | | |
What happened to BAAT--or should I say didn't happen? I briefly followed but didn't buy this one about a year ago and remembered them tonight, read the recent (strange) press releases and came back here to the thread.
Did they actually do any of the things they said they did--produce, market, and sell the lubricant, electric bikes, cheap battery-powered cars, high mpg cars? Since they appear to have been full of hot air (given the current stock price), I'm just curious as to whether investors here all believe that they were out to scam from the beginning or sincerely were trying to make a go of it and just couldn't or something different.
Can it be proven to be a scam? If it is a scam, can Joe have criminal charges brought against him?
Any opinions?
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To: DonP who wrote (6422) | 11/10/1999 5:34:00 PM | From: StockDung | | |
BAT International Preview : Judgment Day Is Coming 24 June 1998
BAT International Preview : Judgment Day Is Coming BURBANK, Calif., June 24 /PRNewswire/ -- The following is being issued by BAT International (OTC Bulletin Board: BAAT):
On August 19, 1998, the BAT SuperCar (which clocked 94 mpg earlier this year) will again take to the track at the California Speedway. On this occasion a new improved version of the Pulse Charged BAT SuperCar will challenge the car generally regarded by the auto industry to be one of the most efficient cars in the world (particular car to be announced tomorrow). BAT will put to rest once and for all the unfavorable statements and remarks reported in the press by so called industry insiders who make frequent but unsupported claims about BAT International. For example, as reported in a February 19th issue of the USA Today, a General Motors spokesperson stated that 100mpg "ain't no big deal" in response to reports of the BAT SuperCar demonstrations of 92.5 and 94 mpg. BAT president Joe La Stella states, "If 100 mpg is no big deal, then where are all the 100 mpg cars? Are they complex, super-exotic, light weight, aerodynamic prototypes that are either unaffordable or impractical to drive, or are they real road vehicles like the BAT SuperCar, which just happens to be based on an off-the-Detroit-assembly-line four door Geo Metro sedan?" The BAT SuperCar is derived from straightforward engine modifications, requires no additional parts, and as a result, shall not materially add to the vehicle's selling price. The August 19, 1998 event is seen as the auto industry's version of the famous "Tyson versus Holyfield." matchup. Borrowing from a line made famous by another boxing great Joe Louis, "you can run but you can't hide." Now they can neither run nor hide. Further details of this impending bout are to be disclosed tomorrow_stay tuned. All the major Auto Companies are invited to participate.
This press release contains forward-looking statements that should not be used to make an investment decision in our company. Please refer to BAT's web site and other sources for more detailed information.
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To: StockDung who wrote (6426) | 11/10/1999 7:16:00 PM | From: Richard L. Williams | | |
flodyie--BAAT is on the Pink Sheets! It trades for 6¢ on a GOOD day! Why do you continue to spend your time on this thread rehasing the "good old days"?
Judgement Day will REALLY come when Joe LaStella has to pick up the newspaper someday to look for that job washing dishes somewhere--for the life of me, I can't figure out what else he is qualified to do!
OT: Watch HTSF tomorrow--if the rumors swirling around it come to pass, then this stock will be a red-hot rocket to the moon. Otherwise, it could be a rather boring day.
Cheers! Rick |
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