China Tracker - Safety/Risk Model (Stage One) for Advanced Battery Technology (ABAT)

 Advanced Battery Technology
 Going Public
Market Segment:
Going Public: 2004-05-06Reverse Merger
RTO Advisor: Warner Technology & Investment 
 Auditor
Auditor: EFP Rotenberg 
Number of Auditors (since Jan 1, 2009): 3
Auditor Resignations (since Jan 1, 2009): none 
 Internal Controls
Internal Controls (Management): not effective
Internal Controls (Audit): not effective
Senior Management Changes (since Jan 1, 2009): 1 
Number of CFOs (since Jan 1, 2009): 2 
CFO Resignations (since Jan 1, 2009): 1
Main Shareholder (Zhiguo Fu): Chairman, CEO 
Ownership Percentage: 11.90% 
 Analyst Coverage
Total Coverage: 3 Analyst(s) 
Tier 1 Firms: 0 Analyst(s) 
Tier 2/3 Firms: 1 Analyst(s) 
 Indicators
New Shares / Dilution (TTM): 13.95 million20.32% 
Short Interest (2010-06-30): 5.92 million8.80% 
Account Receivables (MRQ): $19.51 million42.94%
 Recent Events
Delinquent with SEC Filings: YES
Short Seller Attacks (Corporate Governance): YES
Detailed Fraud Allegations: NO 
 
 Auditor History (since January 1, 2009)
2010-12-14EFP RotenbergAppointment
2010-12-14FriedmanDismissal
2010-01-08FriedmanAppointment (Merger)
2010-01-08Bagell, Josephs, Levine & Co.Resignation (Merger)
 Senior Management Trail (since January 1, 2009)
2009-03-01Guohua WanCFOAppointment
2009-03-01Taylor ZhangCFOResignation
ABAT
Batteries
SAFETY/RISK SCORE
13%
EXTREME RISK
Detailed Score: 115.3125/830
Current Price:  $0.55
F10k Day (2004-10-04): -66.67%$1.65
2009 Close: -86.25%$4.00
2010 Close: -85.72%$3.85
High (2012-02-02): -14.07%$0.64
Low (2012-08-09): 111.53%$0.26
Exchange: PNK
Market Capitalization: 45.44 mill
Total Shares: 82.61 mill
Float: n/a
Last Quarter: 2011-06-30
Revenue (MRQ): 31.35 mill
Net Income (MRQ): 8.08 mill
Op. Cash Flow (MRQ): 8.27 mill
all financial data provided without warranty