There are two different kinds of information available via the lamp indicators on the intelligent batteries.
The most common one that everybody knows is the "battery charge check." Simply press the button once and let go and it will show X number of lamps to indicate the current charge of the battery. Then the lamps will go off. You can also turn the battery on and it will show you exactly the same thing, except the lamps won't go off until you turn the battery off.
The second indicator is not as commonly known. I'm sure there are many people who are not even aware of its existence. And that is the "battery life check." And that is what I've been referring to. The battery life check is checked by pressing and holding the battery button for at least 5 seconds, then let go.
Neither of these has anything to do with mAh, which has to do with time, that is, how long will the battery stay on before it's depleted, or how long will your flight last before the battery is critical. The higher your max mAh, the more minutes you'll get out of a flight on a fully charged battery. This "max mAh" number starts or should start at or above the rated mAh printed on the battery when it was new, but unfortunately the max mAh will decrease as the battery ages. The mAh is one of the columns in the log. You can see where the number starts and watch it decrease during flight. The percentage of battery charge is calculated from this number.