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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To: DonP who wrote (6429) | 12/1/1999 12:08:00 PM | From: DonP | | |
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
------------------------------------------------------------------------ More Quotes and News:BAAT - newsRelated News Categories: automobiles, computers, government, internet, publishing, telecom |
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To: DonP who wrote (6430) | 12/1/1999 1:10:00 PM | From: DonP | | |
By: JoeLaStella ___ *** Last Posting From JoeLaStella *** Reply To: NoneMonday, 29 Nov 1999 at 7:47 PM EST Post # of 4877 *** Last Posting From JoeLaStella *** I am sorry to say this is my last posting. Some of us have tried to organize this board. Miraclewon and several other have done a marvelous job to transform this board into an more structured vehicle for serious communication. However, new bashers and irresponsible posters are coming onto the board at an increasing rate. In my last posting, I spoke about a person impersonating Bill Wason who then shifted like a chameleon to impersonate other BAT employees. Now we have a rather intellectual person impersonating me on the board as "LaStella", whereas I post as "JoeLaStella". The problem is that many newcomers don't know what's going on, and there isn't a viable communication infrastructure to shore up and protect the communication process that is not working. If you couple these impersonation antics with the amount of ridiculous posting from bashers and others on this board, the resulting situation is a huge waste of time and can confuse newcomers. My email is full of suggestions from BAAT's very loyal stockholders and they are pleading with me to get off of this message board. They are asking me to do this because it is obvious that only a very few who are posting on this board really want to learn. They don't use this forum as a place to expand their knowledge. This majority of posters only come here to vent anxiety that they are carrying around from living on boards rather than living life. I have written some 25 full pages of information on the company during the past 3-1/2 weeks. Very few people appreciate this and even less seem to either understand them or want to understand them. I really do have a very wonderful company to run called BAT International and I have already wasted to much time on trying to develop a community of board members that want to have lots of honest, open dialog. So, here are my last postings! This time around I am not going to be so gentlemanly.....
The rest is on RB. He goes on to insult most of the other posters on the board. He only answered 3 1/2 questions. Most of his postings contain whining about his health or reposting his own press releases. |
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To: DonP who wrote (6430) | 12/1/1999 1:22:00 PM | From: DonP | | |
By: Miraclewon ___ Questions left unanswered (see also 4875,4876) Reply To: NoneWednesday, 1 Dec 1999 at 11:46 AM EST Post # of 4877 Joe LaStella here are some more... Questions that I was keeping track of for you to Answer. Where is the money from the sell of the Jazz Electrobikes? What ever happened to the Eastern European diesel engine project for Dolphin Pulse charging? Were any ever completed and what were the results? Did anyone buy any, if so how much revenue was generated? Would the price be higher if you had brought in those millions of dollars of Income from the licensing of Dolphin Technology? Do you think that the Dolphin test runs and BAAT Press Releases had something to do with the stock run up? Could it also be the lack of INCOME and contracts that you talked about contributed to the stock to fall? Would the price be much higher, even with the bashing, had you filed Audited Financials ON TIME and not gone to the pink sheets? What is the name, phone number, and contact person to verify that the "Electrobikes are in 10 stores of a chain that has a total of 150 stores."? This should be an easy question to answer, anyone could verify the information and find out how many bikes are being sold monthly. When did Bill Wason go from an employee to a "volunteer….. working on only a few projects, and is not fully up on my activities."? How many "volunteers are "working" for BAAT? And why would they do that? Are they paid, if so how? Did Bill Wason become independently wealthy when he sold his BAAT stock? Joe, aren't you the least bit responsible for the current share price and value of this company? What ever happened to the Dolphin Technology? Does it work? If it does, why don't you do tests with a certified EPA lab and prove that it does work once and for all and then start marketing it? How many vehicles have been Dolphin Pulse charged? What have been the results?' Please give us contact names and phone numbers of individuals at the Companies that have evaluated Dolpin Technologies? How many vehicles have been produced and sold from Otay Mexico? The following question was partially asked in question # 3 1/2. This is the one that you decided NOT to answer and then bailed out on us... Could it be that you really wanted people to think you were NOT taking ANY money out of BAAT? You stated several times that you were not taking a "Salary" But anyone with any business background KNOWS that there are a NUMBER of different ways to take money out of a Corporation and a "Salary" is only ONE way, isn't it? How do you compensate those individuals (including volunteers) contracted outside of BAT for PR and investor relations? With stock or cash, if stock is or was it restricted? How are you compensated? You mentioned that you do not receive a Salary. Is your Salary accruing? Do you receive stock and or options from BAAT or any of its Subsidiaries, if so, how much have you received and how much have you sold to keep BAAT going? How much money does it take to get and keep BAAT on the OTC/BB? What is the annual cost to BAAT for Accounting and filing fees as a publicly traded company? Who funded the start up of SSPC and why didn't they just put the money into BAT? What ever happened to the order for 2000 small commercial Power Generators that were suppose to be built for the Y2K Superstore? What is your relationship with the Y2K store? Have you paid all of your unpaid debts for your Utah operation? Regarding financials you once said "With operations in Mexico and India, we have piles of records that don't necessarily conform to U.S. standards," La Stella explains. "It's difficult to put them all together." Why NOT hire someone who knows how to put it together and conform to US CPA standards of accounting? Are you still having a dispute with your accountant? "He keeps writing in our financial statements that it is unclear whether we are a going concern," La Stella says, referring to boilerplate language that auditing firms often use for poorly capitalized companies. "I told him that if he does that again, he's fired." Did you fire him? I was going to rephrase some of the following qestions in a more civil manner out of respect for Joe, but now that he has put all of us on Ignore I don't want to waste my valuable time. This is only a partial list but the questions are VALID.
Continued on RB. Here Miraclewon reposts many more questions left unanswered.
The cycle continues.........
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To: DonP who wrote (6431) | 12/1/1999 11:29:00 PM | From: Jon Matz | | |
Thanks Don! Joe may actually be turning a new leaf. He said in that post, "the resulting situation is a huge waste of time".
Well evidently every thing he tries turns into a big waste of time, or is it just a big waste of words? Now perhaps he will tell people which other projects failed. Though I seriously doubt that. |
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