Quick Take – Advanced Battery CFO flies the coop (ABAT)

This morning beleaguered Advanced Battery Tech (ABAT), plaything of promoter John C. Leo (of MH Myerson infamy), and one of a ring of Chinese reverse-merger companies that shares offices and much more (read about that here), issued a very brief 8k stating:

On October 25, 2011 Guohua Wan submitted her resignation from her position as the Registrant’s Chief Financial Officer and from her position as a member of the Board of Directors. Ms. Wan stated that she was resigning in order to attend to personal matters.

Perhaps she was tired of signing off on 10Ks and 10Qs with what any reasonable investor could conclude are material omissions with respect to related party transactions?

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