> Not with China Industrial growth decreasing in this psuedo depression
> and the Bike company they now own. What?they didn't do their homework
> before buying it to see its worth and revenue potiential and
> liabilities. Sounds like a possible set back. This is probably a long
> term big winner. I will take a qucik profit on this one and get back
> in after a pull back to support in the $2.60 range. Still have 3000
> shares.

> On May 12, 12:07 am, tsa...@gmail.com wrote:

> > Commenting on the results, Mr. Zhiguo Fu, Chairman and CEO of Advanced
> > Battery Technologies, stated, "We are pleased with the progress that
> > our Company has made despite the difficult economic environment. We
> > were able to achieve suitable revenue growth for the quarter, although
> > we will strive for greater growth in 2009 with increased production
> > capacity and tighter cost controls. As such, we expect the expanded
> > assembly line in Harbin to be operational late in the second quarter
> > of 2009, which will add the production capacity enabling an additional
> > $22 million in revenue generation for 2009. We remain optimistic about
> > our continued growth in the remainder of the year and currently our
> > backlog for the battery business is approximately $64.0 million as of
> > early May."

> > Sounds like some pretty decent statements to me. I like the fact that
> > the 22 mil of rev generation is in 2009.

> > Any other thoughts? I think we have a nice upside from here!