This is topic ABSD coming off 52 week low. moving today in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by a surfer on :
 
http://stockcharts.com/charts/gallery.html?absd
 
Posted by a surfer on :
 
last p.r. feb. 28th.

Atlantis Business Development Corporation Inc.


Announces Status Update on Sale of Its Subsidiary EFTAS, to Nettel Holdings, Inc.
Wednesday February 28, 9:30 am ET


MIAMI, FL--(MARKET WIRE)--Feb 28, 2007 -- Atlantis Business Development Corporation, Inc. (OTC BB:ABSD.OB - News) is pleased to announce that it is rapidly moving forward to a definitive agreement to complete the deal with Nettel Holdings, Inc.
ADVERTISEMENT


All the parties to the transaction, under which Nettel Holdings, Inc. will acquire the majority interest in the EFTAS Employment Program, have agreed to the terms outlined in the Letter of Intent, previously announced February 23, 2007.

Nettel Holdings, Inc. is a fast growing technology holding company, developing one of a kind technology solutions, which are primarily focused on the VoIP Industry. Nettel Holdings is known for turning innovative ideas into thriving companies. A public company since 2003, it is only natural for such a forward thinking technology innovator to want to help our soldiers.

EFTAS (Employment for the Armed Services) supports our military men and women, seeking civilian employment, as they return to their local communities at the conclusion of their military service. EFTAS, with the help of its broad community and business partner support, will make a difference for our soldiers.

Atlantis President and Director, Tim DeHerrera commented that, "We are pleased to have reached the agreement to move forward with Nettel Holdings, Inc. to complete the transaction in such a timely manner."

About Nettel Holdings, Inc:

Nettel Holdings, Inc. is a business incubator that creates small companies with a unique technology and supplies them with the necessary technical support, and finances needed to grow. The Company's main revenue producing product is called Advanced Voice Order Processing (AVOP). This product provides international long distance phone companies a single point of contact. The solution creates a mechanism to negotiate and manage call termination point agreements, with local phone companies, in countries around the globe.

Part of Nettel's success is its technical support which comes from a wholly owned subsidiary in Vietnam with more than 50 engineers, called Entec Software. This offshore operation provides a tremendous competitive edge for Nettel, and each subsidiary, keeping its software development costs extremely competitive.

About EFTAS:

EFTAS (Employment for the Armed Services) is an organization (www.eftas.org) dedicated to helping active duty military personnel find employment, prior to and on the heels of their return home from active duty. The site will be useful for all Veterans, as well. EFTAS is in the planning stages of developing its unique website that will provide the functionality of the leading electronic job posting websites, such as www.hotjobs.com, but for military personnel only.

In addition, EFTAS, a wholly owned subsidiary of Atlantis, is in the process of exploring other avenues for supporting the employment needs of our returning military personnel, such as collaborating with career fair operators, job training organizations, direct hiring employers, and executive search firms.

In sponsoring and supporting EFTAS, organizations and companies can gain a valued and focused benefit. Involvement with EFTAS, can position a firm as a leader in Local Community support and involvement, Military, and Military Veteran issues, and indicating a desire to attract these loyal customer bases.

About Atlantis Business Development Corporation Inc. (OTC BB:ABSD.OB - News):

The Company (http://www.atlantisbdc.com) has elected to be regulated as a business development company in accordance with the provisions of the Investment Company Act of 1940, as amended. The business development company form of business is a vehicle established by Congress to allow smaller, retail investors to participate in and benefit from investing in small private businesses as well as the revitalization of larger private companies. As a business development company, ABSD is engaged in providing debt and equity financing to public and private companies. In addition, we provide access to private equity funds, for working capital, acquisitions, management buyouts, projects and special situations. ABSD offers its clients a "one stop shop" of equity and senior, subordinated, structured and mezzanine debt to realize their business development objectives.

ABSD plans to achieve the level of success and implement a growth strategy similar to other established business development companies, such as American Capital Strategies, Ltd. On the NASDAQ, a publicly traded business development company with capital resources of approximately $8.4 billion (http://www.americancapital.com).

To join our email alert list Click here: http://www.b2i.us/irpass.asp?BzID=1353&to=ea&Nav=1&S=0&L=1

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products and prices.

With respect to Atlantis Business Development Corp. (ABSD), except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward looking statements. Potential risks and uncertainties include, but are not limited to, ABSD's extremely limited operating history. Further, there are uncertainties that exist related to the Company's access to additional capital, competition, and dependence on key management.


Contact:
Contact:
Additional Information:
Atlantis Business Development
305-446-1150

Investor Relations
503-336-5098



--------------------------------------------------------------------------------
Source: Atlantis Business Development Corp.
 
Posted by SherriT on :
 
Nice one...good potential!

(Edit: I remember seeing this one on my list of scans, but I ignored because of the price being so low - afraid it might be a one-hit-wonder)
 
Posted by a surfer on :
 
.06 close. 76%
 
Posted by mike l on :
 
GOOD PICK SURFER
 
Posted by mike l on :
 
SHOULD BE NICE GAPPER TOMORROW
 
Posted by mike l on :
 
http://www.atlantisbdc.com/
 
Posted by a surfer on :
 
It will be interesting to see tomorrows action on this.

I am trying to see exactly what brought this down from $1.00 to .03 in less than 2 weeks.

A LOI was agreed upon with nettel holdings on feb. 28th. and this is the reaction???

Its either going to go up or down...I can gauranty that....LOL
 
Posted by SherriT on :
 
Surf - there we go thinking again! I was wondering the same thing before jumping in....
 
Posted by mike l on :
 
hey guys you have to think this came down on very low volume and it will go back up to that dollar with low volume as well....glta tomorrow should be a monster
 
Posted by mike l on :
 
Company
Stock Information
Shares Outstanding: 5,529,000
Active Float: 331,887 (approximate)
Detailed Quote: click here

WOWWW

FIRST TIME IN A WHILE IM ACTUALLY EXCITED WHAT TOMORROW WILL BRING RATHER THEN NERVOUS ,,WITH THAT LOW OF A FLOAT WE COULD VERY POSSIBLY SEE 1 DOLLAR IN THE NEAR FUTURE!
 
Posted by mike l on :
 
P.S CAN SOMEBODY GIVE ME A GOOD RATING ONE STAR GEEZE [Frown]
 
Posted by a surfer on :
 
Don't get overly excited mike...

There is a reason behind this drop.

I would be thrilled with .20
 
Posted by cassity on :
 
quote:
Originally posted by a surfer:
Don't get overly excited mike...

There is a reason behind this drop.

I would be thrilled with .20

BASHER!!!
[Razz]
 
Posted by The Stocker on :
 
I've been in this for a little while now. I don't think tomorrow will be a monster but I think It will creep back up. Dilution, share dividend, whatever..... The selling is slowing down and we will creep back up. I'll be happy with a few cents a week....
 
Posted by a surfer on :
 
quote:
Originally posted by cassity:
quote:
Originally posted by a surfer:
Don't get overly excited mike...

There is a reason behind this drop.

I would be thrilled with .20

BASHER!!!
[Razz]

[Roll Eyes]


get to work boy
 
Posted by cassity on :
 
quote:
Originally posted by a surfer:
quote:
Originally posted by cassity:
quote:
Originally posted by a surfer:
Don't get overly excited mike...

There is a reason behind this drop.

I would be thrilled with .20

BASHER!!!
[Razz]

[Roll Eyes]

ROMDLMAO!!!!

get to work boy


 
Posted by mike l on :
 
the website reports that

Shares Outstanding: 5,529,000
Active Float: 331,887 (approximate)

even with the full 5.5 mil shares in the float we may see upper .40s by the end of this week

but lets say it is indeed 331,000 active float we will likely see a dollar again by week end
 
Posted by cassity on :
 
surf.....pm....thank you!!
 
Posted by thesource on :
 
I might have to jump in on this one . I've got some profits from ETIM that needs to be rolled into .
 
Posted by mike l on :
 
gunna be a mover today absd , as easy as absd
 
Posted by mike l on :
 
.059 x.065
 
Posted by mike l on :
 
gapping up .064 x .065
 
Posted by mike l on :
 
last week this was .80 cents
 
Posted by mike l on :
 
here we go kids
 
Posted by cassity on :
 
They just painted my buy as a sell....LOL
 
Posted by mike l on :
 
Shares Outstanding: 5,529,000
Active Float: 331,887 (approximate)
 
Posted by mike l on :
 
big spread
 
Posted by argj00 on :
 
Im in on this one.
 
Posted by thesource on :
 
I'm in with 5500 shares . Its all I could afford to lose right now .
 
Posted by thesource on :
 
And of course it drops 10% after I bought .......
 
Posted by mike l on :
 
sit tight people 80 cents last week and your upset about a half of cent com on ,,
 
Posted by madmoney on :
 
quote:
Originally posted by mike l:
Shares Outstanding: 5,529,000
Active Float: 331,887 (approximate)

On September 30, 2006, the Company had 200,000,000 shares of common stock authorized at a par value of $.001, and 21,408,750 shares issued and outstanding.

The company raised $83,580 with the issuance of 7,392,000 shares of stock. A beneficial interest was recognized of $74,750 to account for the discount.
-------------ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

LIQUIDITY AND CAPITAL RESOURCES

At September 30, 2006, the Company had working capital of $175. The Company can rely on its Equity Line of Credit Agreement if necessary to fund operations.

RESULTS OF OPERATIONS

There was $0.00 in revenue derived from the Company for the three-month period ended September 30, 2006. There was $0 revenue for the three month period ended September 30, 2005.

There was $147,934 Operational Expenses for operations for the nine-month period ended September 30, 2006, compared to $4,492,455 in operating expenses for the nine-month period ended September 30, 2005. This decrease in operational expense is attributable to the impairment of goodwill associated with the disposition of a subsidiary in the first quarter of 2006.

There were no Sales and Marketing expenses for the three month period ended September 30, 2006, or SSeptember 30, 2005.
 
Posted by mike l on :
 
wrong
 
Posted by Time2drum on :
 
quote:
Originally posted by mike l:
wrong

Who?
 
Posted by cassity on :
 
What a joke, primarly buys coming in and they continue to drop the price. Gotta love mm's, f with everything!! Oh well. It'll go up.
 
Posted by mike l on :
 
hey surfer whats going on?
 
Posted by mike l on :
 
i guess their testing the bottom again good buying opp. at these low levels ... still may pull into the teens by week--end
 
Posted by cassity on :
 
quote:
Originally posted by mike l:
i guess their testing the bottom again good buying opp. at these low levels ... still may pull into the teens by week--end

I should have some more to throw at it soon. I like this one a lot. GLTY
 
Posted by thesource on :
 
They are dropping this thing pretty good .....
 
Posted by a surfer on :
 
quote:
Originally posted by mike l:
hey surfer whats going on?

Nothing really, Besides that bit of dillution

Mad posted I can't find any reason this thing

tanked...and that was 6 months ago...

I have not bought yet. But .045 looks enticing.
 
Posted by mike l on :
 
.042 looks even better
 
Posted by a surfer on :
 
I have an oreder in at .042 and they are not touching it....yet.
 
Posted by madmoney on :
 
zero revenues and the fact they had 175 bucks in the bank, the CEO quit a couple weeks ago and there is no transfer agent listed so the CURRENT O/S is a guess? these might be the reasons for the selling pressure pushing it down. or not. JMO!
 
Posted by mike l on :
 
try .0419 it worked for me
 
Posted by mike l on :
 
.04 x.05 yawn
 
Posted by mike l on :
 
someone sneezed and we jumped a penny lol
 
Posted by mike l on :
 
news tomorrow?
 
Posted by mike l on :
 
i guess the surge will be tomorrow
 
Posted by pepa z depa on :
 
ABDE, they ****ed me once, there was unexpected 1:100 reverse split last August, I had to sold my postion for 81,43 % loss day after split. Now they are back to pennies again.
 
Posted by terence on :
 
thanks for this great discover muktibagger stock.
ill be buying all the way up or down till 0,20
 
Posted by mike l on :
 
tomorrow should be interesting
 
Posted by thesource on :
 
quote:
Originally posted by mike l:
tomorrow should be interesting

Yeah hopefully its a green day and not a red day . I have a perfect record for March and don't want to ruin it with this one .
 
Posted by jdiddy on :
 
quote:
Originally posted by thesource:
quote:
Originally posted by mike l:
tomorrow should be interesting

Yeah hopefully its a green day and not a red day . I have a perfect record for March and don't want to ruin it with this one .
I LOVE THE GREEENN IF YO KNOW WHAT I MEAN [Big Grin] [Big Grin]
 
Posted by mike l on :
 
I PREDICT TODAY WILL BE BREAK OUT DAY

ANY REPLYS
 
Posted by a surfer on :
 
I hope so mike.

.045x.052
 
Posted by mike l on :
 
REMEMBER PEOPLE THIS STOCK WAS AT 80 CENTS LAST WEEK AND NO REAL BAD NEWS HAS COME OUT THAT THEY WERENT EXPECTING ALL READY I HAVE MY RALLEY HAT ON
 
Posted by a surfer on :
 
very quiet
 
Posted by thesource on :
 
ZZZZZZZZZZZZZ
 
Posted by Time2drum on :
 
Chart does look promising! [Big Grin] [Big Grin] [Big Grin]
 
Posted by a surfer on :
 
needs volume which I don't see much of....
 
Posted by don_casey on :
 
.032
 
Posted by Abe Smith on :
 
Company
Stock Information
Shares Outstanding: 5,529,000
Active Float: 331,887 (approximate)
 
Posted by mike l on :
 
gunn ahit 10 cents soon
 
Posted by JimSC on :
 
From the latest 10Q;

As of September 30, 2006, there were 21,408,750 shares of the registrant's Common Stock, par value $.001 per share, outstanding.

Huge dilution!

Another ONGO?
 
Posted by mike l on :
 
this stock is still going to 50 cents
 
Posted by mike l on :
 
im never going to sell till that 50 cents comes
 
Posted by madmoney on :
 
quote:
--------------------------------------------------------------------------------
Originally posted by mike l:
im never going to sell till that 50 cents comes
--------------------------------------------------------------------------------

then you are never going to sell it! LOL!!!
 
Posted by mike l on :
 
hey we closed up today on the road to 50 cents
 
Posted by Rocketmist on :
 
Originally posted by mike l:
im never going to sell till that 50 cents comes
--------------------------------------------------------------------------------

then you are never going to sell it! LOL!!!

----------------------------------------------------

Nah he will just sell it once they do a huge R/S lol.
 
Posted by mike l on :
 
yeah you wish buddy
 
Posted by cactus33 on :
 
hang on mike, i may buy this pos in the morning.. no fill at bid today..

this ones nasty.. i like it, lol
 
Posted by mike l on :
 
im in this for the long haul id rather take the chance of losing all my money for the extreme vindication that i will have have rubbing my profit in these bashers faces [Smile]

good night all see you guys in the am and ladies too [Smile]
 
Posted by cassity on :
 
quote:
Originally posted by mike l:
im in this for the long haul id rather take the chance of losing all my money for the extreme vindication that i will have have rubbing my profit in these bashers faces [Smile]

good night all see you guys in the am and ladies too [Smile]

Woah mikey...take it easy...their just screwin with buddy!! Man what is it with people named mike, so fiesty!! LOL GLTY
 
Posted by mike l on :
 
we need no knock oy hdsn
 
Posted by mike l on :
 
knock out hdsn
 
Posted by mike l on :
 
start of ralley>
 
Posted by thesource on :
 
What a turd ........
 
Posted by Time2drum on :
 
quote:
Originally posted by thesource:
What a turd ........

Still ... looks like a good technical play. [Razz]
 
Posted by don_casey on :
 
lets hope we see some rise today.
 
Posted by mike l on :
 
seems to have big up days on mondays
 
Posted by madmoney on :
 
quote:
Originally posted by mike l:
seems to have big up days on mondays

last trade .029 DOWN 9 percent! on only 300+ k volume. big up day???
 
Posted by mike l on :
 
hey leave us alone mad money
 
Posted by thesource on :
 
Not looking too good right now .
 
Posted by don_casey on :
 
.033
 
Posted by argj00 on :
 
look at the bid though
 
Posted by madmoney on :
 
up goes the volume down goes the price!! B/A .0023 X .0026 down 25 percent on 1.2 million volume! [Eek!]
 
Posted by cactus33 on :
 
bottom?
 
Posted by mike l on :
 
its too far down to sell now
 
Posted by madmoney on :
 
quote:
Originally posted by cactus33:
bottom?

guess not! B/A .021 X .023 down 34 percent on 1.54 million in volume!
 
Posted by cactus33 on :
 
its close
 
Posted by a surfer on :
 
quote:
Originally posted by cactus33:
its close

if it hits the penny range I am ready!
 
Posted by Time2drum on :
 
Bought more today at .023 Chart is looking good for a turn around very soon. IMHO [Big Grin]
 
Posted by TopRob on :
 
What a bargan, I also loaded more at .023 It should turn up any minute now. Volume looks good, now over 2mil.
 
Posted by cactus33 on :
 
dilution might be over with this vol.. who knows?
 
Posted by terence on :
 
thanks G i sold this seems an empty sell nothing
left here after divy and migration.do your dd
 
Posted by TopRob on :
 
if you sold it terence, why are you still here. u thinking about jumping in again?
 
Posted by mike l on :
 
we will move to 10 cents by week-end
 
Posted by IMAKEMONEY on :
 
WHY IS THAT? MIKE I [Confused]
 
Posted by cactus33 on :
 
finally got in at .0211


http://stockcharts.com/h-sc/ui?s=absd&p=D&yr=0&mn=6&dy=0&id=p10240969247
 
Posted by Time2drum on :
 
http://stockcharts.com/h-sc/ui?s=absd&p=D&b=5&g=0&id=0

Daily RSI now at 28.89 and MACD heading North. Looks promising to me. IMHO. To think that this was at .80 at the beginning of the Month! It's mind boggling that it's dropped this low, this fast. Volume has gone through the roof this Month. Surely, all the sellers have left the building or pretty close to it by now? Could be quite the money maker? We shall see! [Big Grin] [Big Grin] [Big Grin]
 
Posted by IMAKEMONEY on :
 
I DO LIKE THAT CHART cactus33, WATCHING FOR NOW.
[Wink]
 
Posted by terence on :
 
no i will not jump again over 0,010 have yoy seen tjeir balance sheet-no cash
all left with dividend an migration to another co
empty shell imo.
buy do your own dd i sold and well there are better ops look at AGIX today
 
Posted by mike l on :
 
charts look promising, ill agree to that
 
Posted by mike l on :
 
better start loading up we are ready to move
 
Posted by madmoney on :
 
down she goes!!!!!!
 
Posted by mike l on :
 
this stock baffles me
 
Posted by mike l on :
 
its like a fukin circus watching this stock
 
Posted by madmoney on :
 
set up to fall BIG!!! looking for .012!
 
Posted by mike l on :
 
are you guys watching this
 
Posted by TopRob on :
 
Volume really looks good, but I think someone is holding this thing down on purpose. It was trading at .027 then someone jumped in to quick with .021 when they could have sold for .027
 
Posted by mike l on :
 
at lesast we know its not going below .02 cents
 
Posted by cactus33 on :
 
it may still mike
 
Posted by Abe Smith on :
 
was there rumor of dilution on this stock?
 
Posted by TopRob on :
 
ABSD has been dropping every since the CEO resigned back on Feb 26/27, but it seems to be leveling off now around .02.
I think once things stabilize in the company, it will start to climb again. When the details of the stock dividend is unveiled and the sale of its subsidiary EFTAS is complete, this thing will shoot back up into the .10's range again. $$$
 
Posted by daronnyc on :
 
any thoughts????
 
Posted by cactus33 on :
 
im still in, my stomach hurts a little, but im ok, lol
 
Posted by Time2drum on :
 
quote:
Originally posted by cactus33:
im still in, my stomach hurts a little, but im ok, lol

Me too! Oddly enough, the lower this goes, the better the chart looks for a bounce. The entire float has changed hands this month or so it would seem. Daily volume keeps getting higher and higher while the PPS keeps getting lower and lower. To think that this was at a 52 Wk. high of $8.00 last April. What's changed other than the CEO? [Roll Eyes]
 
Posted by Abe Smith on :
 
I'd like proof that there isnt dilution, then i'll throw a ton into it [Wink]
 
Posted by Time2drum on :
 
I agree Abe! [Confused]
 
Posted by cactus33 on :
 
this ones nasty, lol
 
Posted by TopRob on :
 
It would'n make sense for them to be diluting. That's like shooting holes in a sinking ship. It's got to be something else, maybe the CEO leaving is the big scare. However, the CEO left for health reason, not that the company was in trouble.

It's time for the big run....
 
Posted by cactus33 on :
 
ceo selling shares imo.. he had a buttload, explains the drop and high vol
 
Posted by don_casey on :
 
good thing this stock ended in the green hu? lol

any clues on how much more she will drop?
 
Posted by cactus33 on :
 
tough bottom to find on this one. big vol on the takedown again today.

we'll see [Cool]
 
Posted by argj00 on :
 
Im in at .06, I keep asking myself why I didnt sell. Who thinks this thing can turn around? Is this company in trouble? The way the stock is going its to hit a micropenny. I wish I had shorted this thing.
 
Posted by mike l on :
 
im in at 6 cents also this stock is m aking me sick
 
Posted by cactus33 on :
 
i know it looks like its doomed, but i have seen this before, look at wtro.. it did the same thing over .40 to .03 before rebounding to .07 plus..

i dont know if this will happen here, but there are more to the penny market than what it appears. remember that mm's have to make a market and have most likely absorbed a butt load of shares during this. They all have a bottom.. just very difficult to find them i still think it turns very soon. and it will breathe. risky play here.
 
Posted by T e x on :
 
WHAT are you guys doin' ?

I'm seeing "looks like its doomed, but have seen this before," and "why didn't I sell" and on and on--yet scanning 4 pages of posts, I see 3--count 'em, three--charts posted. And very little discussion...
[Roll Eyes]
 
Posted by cactus33 on :
 
im new tex, lol.. i could care less about that DD, no one knows for sure whats going on. looks like bs takedown, got more at .0175 avgd under .02 easy now, any lower, i'll eject.. bottom play.. and a whole lotta shakin.

jmho

http://stockcharts.com/h-sc/ui?s=absd&p=D&yr=0&mn=6&dy=0&id=p10240969247
 
Posted by argj00 on :
 
not even worth selling now just going to hang in there
 
Posted by skip on :
 
My thought here...

Ex-CEO held 15mil of the 20mil o/s. My guess is he has been dumping since he resigned (this coincides with the start of the drop). Others that have the stock are dumping too due to panic selling. Question is, who the heck is buying all of these shares?

Well, if someone wants to sell, and there is no one that wants to buy, market makers (as a requisite of their position as a market maker) must buy when someone wants to sell, if there is no matching buy order from another trader. It's how they make the market. Otherwise, all this would come to a grinding halt, right?

Take "black monday" in the 80's, for instance. People were dumping everything they owned once the market started to crash. Who the heck was buying then? You guessed it, MM's. No one else was there to buy, so they had to, and you can bet that they were hocking everything they owned to keep the market from completely imploding. While that is an extreme example, it's true of any stock that is being dumped. Think about IGAI, PHEI, BANY, or any of the big diluters, who is buying those shares when they dump millions into the market? You know, the MM's...

It's the same premise when a stock is going crazy on a run. There are not always sellers to fill the orders when a stock runs on high volume and the price gets crazy. Sometimes, there just arent the shares in the float to purchase, yet, the stock keeps going. So, who is selling then? Do you really need to guess, yes, it's the MM's. And what are they doing in this case? Naked shorting. It's the only way the markets can work down here. They buy when the have to, and they sell when they have to. When they are loaded up, they run the stock to offload the inventory and make money. When they short a stock, they kill the price to buy back cheaper, and make money. Rinse, and repeat...

So, what does this have to do with ABSD, skip? Bring it back to the first paragraph... "If the CEO is dumping all of those shares, who is buying?" The MM's are buying, and at this point, they are loaded up. So, to me, that means that at some point here, they will run this up to offload the inventory...

All that said, I grabbed some today. Been watching since it started dropping. I missed bottom by a little, but I will average down if needed. As I sincerely think that the MM's are loaded up, and they are going to need to offload at some point. You can bet they won't do it at this level. I like it to bounce soon, and the above explanation, is why...

Care to discuss? [Smile]

 -
 
Posted by argj00 on :
 
Excellent insight skip. There is hope in this one. At which price do you think it will go to when the MM's start to unload.
 
Posted by Abe Smith on :
 
this looks so tempting lol
 
Posted by a surfer on :
 
quote:
Originally posted by argj00:
Excellent insight skip. There is hope in this one. At which price do you think it will go to when the MM's start to unload.

LOL The million dollar question.

argj00 as with all pennies don't get greedy. Its easier to unload while the price is rising.

Thanks Skip!
 
Posted by Abe Smith on :
 
whatever the case may be, we all agree this stock is worth more than .019 =p
 
Posted by a surfer on :
 
taking it up so far...

.02 X .022
 
Posted by mike l on :
 
could see 200% up no problem!!!!!
 
Posted by mike l on :
 
we are going to 5 cents today people
 
Posted by madmoney on :
 
could drop 90 percent no problem!!
 
Posted by mike l on :
 
not this time mad money it already is down 90 %
 
Posted by cactus33 on :
 
looks like mm's want are shares..
 
Posted by TopRob on :
 
If the CEO is dumping like crazy, it would seem that there's just no logical reason for doing this unless he is trying to make the company look worst than it really is. If this is the case then once he is done dumping, thing will get back to normal very quickly and the PPS will climb to the moon. I would guess that it will top .10 before this week is over.

To the moon......$$$$
 
Posted by mike l on :
 
i heard the ceo was sick thats whay he left the company maybe he just pulled all his shares out because he needed any operation and needed the money right away regarless of the share price [Smile] ,but now that hes gone and his operation is in progress we can push his share price back up
 
Posted by cactus33 on :
 
lol, mike..
 
Posted by TopRob on :
 
A CEO without medical insurance, get real mike, he is dumping on purpose. Maybe he was forced to leave, that would be a good reason to dump. Whaterever, this thing is going up.

Now everyone please raise your minimum ASK to .04 and they will come.
 
Posted by Abe Smith on :
 
alright sucked me in .... .024
 
Posted by madmoney on :
 
the company has no assets and no buisness, they had 175 dollars cash on hand per the last filed 10Q!! how on earth is it worth 10 cents a share???
 
Posted by mike l on :
 
.10 cents is way less then 175 moron [Smile]
 
Posted by cactus33 on :
 
this is the penny market, most of these pos's have no assets and mountains of debt.. look at that pos MHTX.. 46 million in debt and crap nothing, yet it just ran 300%.. there is more to penny market than you think.. who knows what this does..

quote:
Originally posted by madmoney:
the company has no assets and no buisness, they had 175 dollars cash on hand per the last filed 10Q!! how on earth is it worth 10 cents a share???


 
Posted by TopRob on :
 
They had a R/S back in Aug 2006 where it then went down to .45 then topped 1.11 i Oct, then 1.15, and 1.60 until Feb 27 when the CED resigned. So why did it go up to $1.60 if it is not worth a dime.
 
Posted by mike l on :
 
.023x.025 now im only down 60% instead of 70 % [Smile]
 
Posted by Abe Smith on :
 
I jump and it doesnt move....classic -_-
 
Posted by Time2drum on :
 
quote:
Originally posted by Abe Smith:
I jump and it doesnt move....classic -_-

Hang in there Abe. This ship could be turning around! [Big Grin] [Big Grin] [Big Grin]
 
Posted by Abe Smith on :
 
yeah well they need to put it into high gear and take down the sails
 
Posted by Time2drum on :
 
quote:
Originally posted by Abe Smith:
yeah well they need to put it into high gear and take down the sails

Hehehe, yup, they need to fire up the engines and pitch the sails!
 
Posted by madmoney on :
 
moving up!!!! [Cool]
 
Posted by don_casey on :
 
printing .027
 
Posted by TopRob on :
 
CEO if off the block, the run is on.....to the moon
 
Posted by don_casey on :
 
everybody got there jogging shoes?
there bottles of gatorade?
ready steady go!!!!
 
Posted by cactus33 on :
 
could be in for a nice reversal here??
 
Posted by TopRob on :
 
It's looking good now, up to .028 and don't forget the last PR, the Nettel buyout of the subsidiary EFTAS. This deal may be getting close and will be worth big bucks.

----------------

MIAMI, FL--(MARKET WIRE)--Feb 28, 2007 -- Atlantis Business Development Corporation, Inc. (OTC BB:ABSD.OB - News) is pleased to announce that it is rapidly moving forward to a definitive agreement to complete the deal with Nettel Holdings, Inc.
All the parties to the transaction, under which Nettel Holdings, Inc. will acquire the majority interest in the EFTAS Employment Program, have agreed to the terms outlined in the Letter of Intent, previously announced February 23, 2007.
 
Posted by Abe Smith on :
 
(.029) .025x.026 1x1

NITE bashing on the bid/ask
 
Posted by Abe Smith on :
 
what do your guys L2's say ...I think mine might be messed up
 
Posted by TopRob on :
 
L2 Last=.029 12:57.01
BID ASK
.025 .028
.024 .029
.023 .029
.023 .03
.023 .03
.022 .039
 
Posted by Abe Smith on :
 
mine are lagged or something....go choicetrade
 
Posted by Abe Smith on :
 
that sucks .022 now
 
Posted by TopRob on :
 
Just the calm before the storm. Another run is coming and even bigger tomorrow.
 
Posted by skip on :
 
Well boys, she popped a bit today (as predicted [Big Grin] ) if you bought at .018 yesterday and sold at .027 today, you did good.

http://stockcharts.com/h-sc/ui?s=ABSD&p=D&yr=0&mn=6&dy=0&id=p61647742524

At this point, it either pops up big time, or they kill it again. Look at the chart, they have popped it up a bit every few days, then continue the slaughter, might get slaughtered, or run, but, watch for the pops either way, they'll be there. Or, they will run it hard, either way, MM's have shares, and they aren't selling without making money.
 
Posted by TopRob on :
 
How do u know the MM are buying. I think this is just investors seeing a good deal. Shareholders will receive a stock dividend of 1 share of EFTAS, for every 1 share of Atlantis stock held.
 
Posted by don_casey on :
 
when is the didedent given?
 
Posted by Abe Smith on :
 
talk about a kick in the nuts
 
Posted by cactus33 on :
 
crash and burn, pos
 
Posted by Abe Smith on :
 
*O&^D)(&*#_!&#*#
 
Posted by Abe Smith on :
 
Choicetrade L2's are fked on this stock I have them right now at .022 x .024 1x1...stupid...didnt even see it coming
 
Posted by don_casey on :
 
pain lots of pain
 
Posted by madmoney on :
 
quote:
Originally posted by TopRob:
How do u know the MM are buying. I think this is just investors seeing a good deal. Shareholders will receive a stock dividend of 1 share of EFTAS, for every 1 share of Atlantis stock held.

LOL!!!! what a great deal!! LOL! did you see the agreement! they "bought" the company with NO CASH!!! they gave them this worthless company in exchange for completing and maintaining the web site!!!( not even up yet!) dam even I could build a web site! maybe I could trade my services for a worthless company too!!!! LOL!! too funny!! these pink sheets are a gas!!!!! [Razz]
 
Posted by Abe Smith on :
 
huh? ABSD is selling EFTAS to NETTEL.......EFTAS is the website being sold to Nettel. Im not sure what you're talking about.
 
Posted by madmoney on :
 
MIAMI, FL -- (MARKET WIRE) -- 02/23/07 -- Atlantis Business Development Corporation, Inc. (OTCBB: ABSD) is pleased to announce that the company has executed a Letter of Intent (LOI) with Nettel Holdings, Inc. to sell the rapidly growing Atlantis wholly owned subsidiary, EFTAS Employment Program.

The letter of intent calls for Nettel to obtain a majority ownership of EFTAS in exchange for completing the design and development, as well as providing ongoing technical support for the operation of the website. The site will be a job posting website, designed for the exclusive use of military personnel in their job search, as they return to the civilian job market, in their local communities.-------------- this statement indicates the web site is under developement? is it up? I honestly dont know! maybe assumed too much there? but the fact remains NO CASH appears to be changing hands here, basicaly gave away this " rapidly growing subsidiary " for nothing! ( my nephew could build a kick azz web site after school o in a couple of weekends! LOL! )
 
Posted by Abe Smith on :
 
yeah so nothing about EFTAS is doing anything right now in the hands of ABSD...

Its like you have a car that doesnt work, you give it to a mechanic to fix it and keep it running but you still get to drive it now and then. If you didnt make the deal it would be a heap in the backyard.
 
Posted by don_casey on :
 
got in at .032 and now is at .019

just wondering, how many are staying in and how many are bailing

because im planning on bailing.
 
Posted by pepa z depa on :
 
quote:
Originally posted by mike l:
im in this for the long haul id rather take the chance of losing all my money for the extreme vindication that i will have have rubbing my profit in these bashers faces [Smile]

good night all see you guys in the am and ladies too [Smile]

I can only laugh at you, please come to me and rubbe me your profits in my face :-))
ABSD is for 0.019 now.
I tried to warn people, when it was for 0.05, that its POS.
What a stupid Pump Thread you created here.
Why it should rebound its beyond sense.
See next week how much is ABSD worth.
 
Posted by pepa z depa on :
 
quote:
Originally posted by mike l:
stop crying its only money this stock can go up 500% with the blink of an eye with the low outstanding shares that it has

quote:
Originally posted by mike l:
at lesast we know its not going below .02 cents

are you sure?
its 0.018 now....
I remeber you were predicting 50 cents last week [Big Grin]
Stop your pump games here, please.
 
Posted by TopRob on :
 
I hhould have sole at .027 my break even point. Well I just averaged down again to .024, so I'm in too deep now. I still say it's going to pick up, just not sure how long that will take. It seem that the CEO may still be dumping. He must have had a boatload.
 
Posted by Time2drum on :
 
Yah, I'm getting the crap beat out of me on this one, so I averaged down today as well. Last year was so.....good and this year (so far) has been so......bad. Is it me or is it slim pickings this year for runners? Would like to see green for a change. [Confused]
 
Posted by cactus33 on :
 
whwew they are killing it
 
Posted by Time2drum on :
 
WTF is going on here??? [Mad] [Mad] [Mad]
 
Posted by Time2drum on :
 
Oh MM Mikey, where the F are you now? [Mad]
 
Posted by TopRob on :
 
Looking good now, going up finally
 
Posted by cactus33 on :
 
calm down drum, screw mikey.. he has nothing to do with it, lol
 
Posted by Time2drum on :
 
quote:
Originally posted by cactus33:
calm down drum, screw mikey.. he has nothing to do with it, lol

Yah, I guess you're right, it's time to take the dog for a walk and give this a break.
[Roll Eyes]
 
Posted by cactus33 on :
 
whole lotta shaking goin on, lol
 
Posted by Abe Smith on :
 
I dropped, sorry guys
 
Posted by Jonus on :
 
just picked some up at .0165
 
Posted by cactus33 on :
 
you got some poison too huh jonus, join the fun, lol

i took profits yesterday, but left some on the table, i tried to eject in am but no fill, just sit tight for now i guess
 
Posted by Jonus on :
 
If it goes much lower I will add this one will pop hard when HDSN leaves the ask
 
Posted by mike l on :
 
hey guys its ony money just think abou tth epeople who bought at over a dollar a few weeks ago stocks tend to go up and down its a risk thats why people have jobs dont lose what you cant afford ill be holding forever my break even point is 6 cents
 
Posted by Jonus on :
 
21,408,750 shares

If correct I do not see this going very much lower. When I saw the chart I could not resist. I snagged 95k at .0165 Thats all they gave me. Had a 200k order in.


Would like to see this one bounce hard.

 -


Time and sales after lunch today. I see my .0165 gave them to me in five partials.


Historical Time & Sales

ABSD(2007/03/22)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
15:56:30 5000 0.02 + OTCBB
15:56:30 5000 0.0195 - OTCBB
15:54:06 5000 0.0195 - OTCBB
15:54:06 5000 0.02 + OTCBB
15:52:12 5400 0.0165 - OTCBB
15:45:00 3000 0.017 - OTCBB
15:44:57 17000 0.017 - OTCBB
15:35:21 5000 0.02 + OTCBB
15:34:36 5000 0.017 + OTCBB
15:17:03 5000 0.0162 - OTCBB
15:05:18 58000 0.0162 - OTCBB
14:52:06 5000 0.0165 - OTCBB
14:03:36 50000 0.0165 - OTCBB
14:03:15 10000 0.0165 - OTCBB
13:55:48 15000 0.0165 - OTCBB
13:51:00 15000 0.0165 - OTCBB
13:38:33 5000 0.017 - OTCBB
13:38:27 30000 0.0175 + OTCBB
13:36:57 500 0.017 - OTCBB
13:36:54 5000 0.017 - OTCBB
13:33:33 10000 0.017 - OTCBB
13:33:33 21000 0.017 - OTCBB
13:33:30 5000 0.017 - OTCBB
13:27:06 8000 0.017 - OTCBB
13:26:36 12000 0.017 - OTCBB
13:25:09 10000 0.018 + OTCBB
13:24:18 10000 0.018 + OTCBB
13:20:39 10000 0.017 + OTCBB
13:10:27 25000 0.017 + OTCBB
12:55:45 10000 0.0164 - OTCBB
12:53:36 5000 0.0164 - OTCBB
12:49:57 11000 0.0165 + OTCBB
12:48:51 10000 0.0165 + OTCBB
12:46:45 150000 0.0165 + OTCBB
12:45:03 4900 0.0165 + OTCBB
12:45:03 10000 0.0165 + OTCBB
12:44:06 15000 0.0162 - OTCBB
12:44:06 15000 0.0165 + OTCBB
12:43:33 50000 0.0165 + OTCBB
12:43:24 15000 0.0165 OTCBB
 
Posted by terence on :
 
at las you all win here this stock probably rebound to 0,07 area in no time.
yesterday i dont see it,i walk away,it was a good vhance to buy some.
g.luck
 
Posted by terence on :
 
objetive-0,09
from 0,020 bottom is good not?
perhaps ill buy today again.
 
Posted by terence on :
 
now is the moment im about to pull the trigger
 
Posted by TopRob on :
 
HDSN giving us a break with the low sells, maybe it will rise a little now.
 
Posted by TopRob on :
 
Moving now, but someone is still playing with it. At .019 someone sold 100*.017 that's $1.70.
 
Posted by thesource on :
 
This thing is rocking !!! To da moon any second now .......
 
Posted by madmoney on :
 
quote:
Originally posted by thesource:
This thing is rocking !!! To da moon any second now .......

rocking? it`s down 15 percent on 2.03 million shares! trades comming every three to five minutes or more!!! hardly seems to be "rocking"! LOL!! keep pumping baby!!!! gonna rock all the way to half a cent!!!! IMO!
 
Posted by TopRob on :
 
Yeah, it rocking now, back up to .02 but still someone is placing small .017 buys to bring it down.
 
Posted by madmoney on :
 
just saw a "small" trade of 250,000 go through at .017,( largest single trade in two hours!) traded on a downtick, usually indicates a sell! now at .016 X .019
 
Posted by thesource on :
 
quote:
Originally posted by madmoney:
quote:
Originally posted by thesource:
This thing is rocking !!! To da moon any second now .......

rocking? it`s down 15 percent on 2.03 million shares! trades comming every three to five minutes or more!!! hardly seems to be "rocking"! LOL!! keep pumping baby!!!! gonna rock all the way to half a cent!!!! IMO!
It was a joke .... [Wink]
 
Posted by madmoney on :
 
quote:
Originally posted by thesource:
quote:
Originally posted by madmoney:
quote:
Originally posted by thesource:
This thing is rocking !!! To da moon any second now .......

rocking? it`s down 15 percent on 2.03 million shares! trades comming every three to five minutes or more!!! hardly seems to be "rocking"! LOL!! keep pumping baby!!!! gonna rock all the way to half a cent!!!! IMO!
It was a joke .... [Wink]
oops!! my bad!!! LOL! [Razz]
 
Posted by TopRob on :
 
Looks like HDSN is back with the low sells, so forget the run today.
 
Posted by Time2drum on :
 
quote:
Originally posted by TopRob:
Looks like HDSN is back with the low sells, so forget the run today.

If you look at the daily & weekly volume, it's gone through the roof since the beginning of the month and at this point I don't beleive the float is only 21M. Looks more like the company is diluting the piss out of this, maybe through HDSN or there is some serious shorting going on. Either way, I gotta say, I'm not a very happy camper here.
[Mad]
 
Posted by terence on :
 
difficult to trade imposible to sell over 0,019
0,002 is now a great resistence.
perhaps shares has not value something smell here
great danger to go under 0,01
 
Posted by TopRob on :
 
It's just not looking good lately. HDSN is still dumping big time at below price. It driving the pps down like crazy. A buyers market though.
A good PR will turn things around.
 
Posted by mrinos on :
 
where is the bottom????
 
Posted by Time2drum on :
 
quote:
Originally posted by mrinos:
where is the bottom????

It appears that it's in the deepest depths of hell!
 
Posted by cactus33 on :
 
lol

quote:
Originally posted by Time2drum:
quote:
Originally posted by mrinos:
where is the bottom????

It appears that it's in the deepest depths of hell!

 
Posted by 6figure on :
 
lol
 
Posted by 6figure on :
 
quote:
Originally posted by TopRob:
Yeah, it rocking now, back up to .02 but still someone is placing small .017 buys to bring it down.

who might that be
 
Posted by cactus33 on :
 
i still like it to bounce. avgd well under .02

jmho
 
Posted by 6figure on :
 
it may turn up soon IMO
 
Posted by 6figure on :
 
come on absd you can do it
 
Posted by Time2drum on :
 
If they can seal the deal with Nettel Holdings Inc.
 
Posted by 6figure on :
 
when would that be
 
Posted by mike l on :
 
im still holding
 
Posted by TopRob on :
 
I believe she's getting ready to rise again. A huge 500k buy at .0153 and more huge buys in the queue, up to .0157 already. Maybe we have seen the last of the HDSN dumping, this thing may be headed for .10 today or at least .02
 
Posted by Abe Smith on :
 
small buys of 5000 at .0155 and .0157 to move it....I dont see any support here to move this to get anywhere close to .10 or .02
 
Posted by TopRob on :
 
Abe, what's wrong with your eyes, you don't see the huge 500k buy? That's the largest single trade in over a week. Another 250K at .0155, something's up.
 
Posted by Time2drum on :
 
Wow, almost 3M traded already! Maybe the Nettel Holdings deal is coming through?!!! Their ticker symbol is NTTL.OB and their website is http://www.nettelholdings (dot com). They're doing well and if the deal goes through, it should be a VERY GOOD thing for us. Check out the PR below that gave the details back in February.

Atlantis Business Development Corporation Inc. Announces Signing of LOI to Sell Subsidiary, EFTAS to Nettel Holdings, Inc., and Issue Stock Dividend to Shareholders Upon Transaction Closing
Friday February 23, 9:00 am ET
MIAMI, FL--(MARKET WIRE)--Feb 23, 2007 -- Atlantis Business Development Corporation, Inc. (OTC BB:ABSD.OB - News) is pleased to announce that the company has executed a Letter of Intent (LOI) with Nettel Holdings, Inc. to sell the rapidly growing Atlantis wholly owned subsidiary, EFTAS Employment Program.

ADVERTISEMENT


The letter of intent calls for Nettel to obtain a majority ownership of EFTAS in exchange for completing the design and development, as well as providing ongoing technical support for the operation of the website. The site will be a job posting website, designed for the exclusive use of military personnel in their job search, as they return to the civilian job market, in their local communities.
Under the terms of the transaction, Atlantis shareholders will receive a stock dividend of 1 share of EFTAS, for every 1 share of Atlantis stock held. This dividend represents potential added value for Atlantis shareholders, as they will continue to participate in the upside growth and success of EFTAS.
Nettel Holdings is a fast growing technology holding company, developing one-of-a-kind technology solutions, which are primarily focused on the VoIP Industry. Nettel Holdings is known for turning innovative ideas into thriving companies. A public company since 2003, it is only natural for such a forward-thinking technology innovator to want to help our soldiers.
EFTAS (Employment for the Armed Services) supports our military men and women, seeking civilian employment, as they return to their local communities at the conclusion of their military service. EFTAS, with the help of the broad community and business partner support, will make a difference for our soldiers.
Atlantis President Tim DeHerrera commented that, "We are truly glad and pleased to be able to place the future of EFTAS in the hands of such an extremely capable firm as Nettel Holdings, Inc. In addition, Atlantis is happy to be able to reward its shareholders with the potential for ongoing shareholder value, via the EFTAS stock dividend."
 
Posted by Abe Smith on :
 
we got some action
 
Posted by TopRob on :
 
I knew something was brewing, just need a PR now to really get it going. But watch out for HDSN.
 
Posted by madmoney on :
 
this is rocking!!!! at .02 X .022
 
Posted by TopRob on :
 
To the moon!!! Up 51% already $$$ I'm holding out for .10
 
Posted by mike l on :
 
we dont need a press relase moron this is due to a major short squeeze the stock was shorted to the limit now we may be a 300% squeeze
 
Posted by TopRob on :
 
I don't believe it was all shorting, it just wouldn't drop that low so quickly day after day at what seem to be consistently for almost a month. I think it was part diluting and maybe the ex CEO or some major investor pulling out. Either way it has diluted the shares some. If it has stopped, then we will see a steady rise in the pps, but slowly. Another good PR would attract major investors and drive the pps up even faster and back to the .70+ level.

10 cents here we come!!
 
Posted by cactus33 on :
 
i missed last 3 hours of trading, just got home i was thinking this could reverse, could someone give me level 2 eod and how strong the bid support was, tia..
 
Posted by Time2drum on :
 
Just keeping it real here. I've been in since .052 and buying more every time the PPS has gone lower, which has been like almost every day it seems. With such a large early spike in the volume this morning I was hoping that the Nettal deal was finalized. I made some calls and sent some e-mails to Atlantis Business Development and Nettel. Didn't get warm fuzzies from the phone numbers listed in ABSD's PR's such as no answer, wrong companies, numbers transposed, answering machines that sounded like private residences, etc. Never actually spoke with a human. I did speak with a few folks at Nettal, but got the cold shoulder. No one seemed to know anything or wouldn't say. Anyway, with that said, I bailed at .0145 and immediately the price shot up, go figure. I'm still glad I got out though. Maybe my loss is your gain, but play it safe. GLTA [Roll Eyes]
 
Posted by 6figure on :
 
what does doji
 
Posted by 6figure on :
 
what does doji mean?
 
Posted by cactus33 on :
 
DOJI is a candlestick chart reading pattern that chart players use. your question is open ended

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestic k_pattern_#doji
 
Posted by Fergy on :
 
Looks like it might just gap up in the am here.
 
Posted by Fergy on :
 
Yep. It has gapped up.
 
Posted by Abe Smith on :
 
looks good...volume is moving like nutso
 
Posted by Fergy on :
 
HDSN on the ask though. Sonofa
 
Posted by mike l on :
 
i love short squeezes
 
Posted by Fergy on :
 
Can HDSN please get off the ask. Move Jerk off!Many Thanks. LOL
 
Posted by a surfer on :
 
this is going today!
 
Posted by TopRob on :
 
HDSN will not be undersold. Just who is this guy. It would be at .028 if not for his low Ask.
 
Posted by Abe Smith on :
 
im confused why he would want to sell at .0235 when he could put his ask at .028 and sell there.....then again im not an MM I dont know what they think lol
 
Posted by Abe Smith on :
 
$29 last year........ .31 cents last month
 
Posted by Abe Smith on :
 
the shake....better load up here
 
Posted by a surfer on :
 
.034!!
.
 
Posted by jdiddy on :
 
congrats on some movement here

i sold at .032 for loss couple weeks back

good to see it back up
 
Posted by ohio_trader on :
 
congrats all, was watching this closely yesterday at .013 and didn't pull the trigger [Mad] [Mad]
 
Posted by Time2drum on :
 
quote:
Originally posted by ohio_trader:
congrats all, was watching this closely yesterday at .013 and didn't pull the trigger [Mad] [Mad]

Yah, I through in the towel yesterday and sold at .0145 for a loss. Oh well. Congrats to all who hung in there!!! [Big Grin] [Big Grin] [Big Grin]
 
Posted by jdiddy on :
 
think this is over or more to come?
 
Posted by thesource on :
 
I hope so . My break even point is .06 ........
 
Posted by TopRob on :
 
I bailed out to quick at .023, but saw it rising so well that I jumped back in again. I just hope I don't loose what I had gain.
 
Posted by Abe Smith on :
 
riding free now
 
Posted by argj00 on :
 
Hey source my im in at .06 also. What a day today. Whoever played this at the way bottom congrats!!
 
Posted by thesource on :
 
Hopefully we will get some more out of the bounce than today .
 
Posted by jgygli on :
 
If HDSN is done selling, then ABSD will still go higher on half the volume IMO!
 
Posted by TopRob on :
 
Looking good today, up 18%. Once the weak sell off their shares, this thing should jump above .04
 
Posted by Rocketmist on :
 
I came in at .04, and about 30 seconds later it dropped to 0.03 lol. But this is looking much better than it did before.
 
Posted by TopRob on :
 
HDSN took it down to .022, so I loaded more at .023. It look like it's headed up again now.
 
Posted by Fuzzy1018 on :
 
In at .022
 
Posted by Fuzzy1018 on :
 
should turn soon imo .02/.021
 
Posted by Fuzzy1018 on :
 
should've waited a bit longer to buy, but oh well
.0195/.02
 
Posted by Fuzzy1018 on :
 
looks like its bouncing off of .02
 
Posted by Fuzzy1018 on :
 
.021/.022
 
Posted by Fuzzy1018 on :
 
looks like they are done shaking out .0215/.022
 
Posted by Fuzzy1018 on :
 
.023/.024 ask getting hit
 
Posted by Fuzzy1018 on :
 
looking good now for a bounce
 
Posted by Fuzzy1018 on :
 
.0235/.024
 
Posted by Fuzzy1018 on :
 
nice open .023/.024 now
 
Posted by TopRob on :
 
Looks like HDSN is battling for lowest sell again. How low will the scum bags take it this time.
 
Posted by Abe Smith on :
 
hopefully .015 again so I can buy up and flip [Wink] ....dont be loyal it will only get you screwed
 
Posted by jgygli on :
 
Just saw this on another board:

quote:

For Atlantis there are 33,634,000 shares outstanding with 26,487,186 shares free trading and 7,146,814 shares restricted and 200,000,000 shares authorized as of 3-30-2007.

Thank you

Jason M. Bogutski - President
Signature Stock Transfer, Inc.
2301 Ohio Drive - Suite 100
Plano, Texas 75093

Telephone Number 972 612 4120
Facsimile Number 972 612 4122
Email Address signaturestocktransfer*msn.com



 
Posted by Fuzzy1018 on :
 
added some more today .02/.023 now
 
Posted by Fuzzy1018 on :
 
trades very strange .021/.023
 
Posted by Fuzzy1018 on :
 
.025 now ; real big spread for some reason
 
Posted by Abe Smith on :
 
I see it bottom at .016....run monday to .028 IMO [Wink]
 
Posted by TopRob on :
 
It appears that HDSN has milked this stock dry, no more buyers. He needs to move on to another fresh cow and let this one heal for a few weeks.
 
Posted by jgygli on :
 
Chatter on other boards for another bounce on ABSD. If a PR comes out regarding EFTAS, then this could really run!
 
Posted by TopRob on :
 
This is going to be huge. It appears that HDSN is intentionally driving the price down with 5-10k sells in timely bursts so that he can buy large quanties of 200-300k. He's loading up for the big run that's sure to come. Maybe the EFTAS/Nettel deal.
 
Posted by Abe Smith on :
 
what source is this from?
 
Posted by TopRob on :
 
Just my own observation Abe. I could be wrong, but there seem to be a pattern. I have noticed that whenever HDSN bring the price down it is followed by a huge 200-300k buy. HDSN then disappears and the pps slowly rises until the cycle repeats.
 
Posted by Fuzzy1018 on :
 
gapping
 
Posted by Fuzzy1018 on :
 
watch it; its running hard
 
Posted by Fuzzy1018 on :
 
someone bidwhacked .019/.0195 again
 
Posted by Fuzzy1018 on :
 
.0195/.02
 
Posted by Abe Smith on :
 
in at .02
 
Posted by Abe Smith on :
 
lol NITE's wife must have *****ed him out and he got pissed....he jumped on the bottom of the ask on about 5 stocks I own hahaha
 
Posted by Fuzzy1018 on :
 
ask is extra thin, some buying pressure and this will go up fast imo .018/.021
 
Posted by Fuzzy1018 on :
 
.02/.021
 
Posted by J_U_ICE on :
 
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4783368%22%3Ehttp://xml. 10kwizard.com/filing_raw.php?repo=tenk&ipage=4783368%3C/a%3E#Statement%20of%20Op s
 
Posted by Abe Smith on :
 
hope not many people see this [Wink]
 
Posted by madmoney on :
 
well no suprize there. two employees, very little money, very large debt, no buisness and no investments!!! hope everyone took thier profits while they could!! double O`s comming soon!!
 
Posted by TopRob on :
 
I can't take it anymore, I'm out.
 
Posted by thesource on :
 
This thing stinks . Good thing I only put $300.00 in it ........
 
Posted by TopRob on :
 
One of the worst 10K filling I have ever seen. I guess they have been diluting all along and they don't seem to care how bad their stock gets.

Well I took my 40% loss and now moving on to the next scam. I'll hit a real one one day and it just might be BKMP or maybe JMCP will rise from the grave.
 
Posted by ZeroCool on :
 
TR- smart move- smarter move might be to p/u cheap shares tom. after it Tanks!
eftas will still happen, and they can't dilute while in neg's. o/s is 5 or so million per filing.

IN MY OPINION; filing was received as intended (honest but negative) eftas in negotiations- per pr on Feb 23- 1 share eftas for every 1 share absd- as of today that would mean an eftas float of 5m- when transaction closes. Now, these 2 "employees" have money($4million loss? C'mon,where did the money come from?) and, they are going to make alot of money from eftas-inital and residual. Basically, they already know when eftas will close and haven't told us yet. First they want to buy as much if not all of the 5m o/s off the crappy filing. Now this WILL turn into a short squeeze when they pr the sale of eftas- there will be alot of FTD shares.

Sounds a little grassy knoll- but information manipulation is the key to penny stocks;"buy on rumor, sell on news"
 
Posted by TopRob on :
 
Do anyone have any ideal on how much EFTAS is going to be worth after the sale? Don't get screwed twice by riding ABSD down into the mud and later finding out that EFTAS may also be worthless. Do your own DD.
Good luck on this one.
 
Posted by ZeroCool on :
 
Asked my neighbor stationed at Ft. Benning to check out out processing for information on military job hunt, eftas, etc... will post when I find out anything.
 
Posted by dollar13 on :
 
0.015

NICE CHART


http://stockcharts.com/h-sc/ui?s=ABSD&p=D&b=5&g=0&id=p42763329570
 
Posted by dollar13 on :
 
0.0125 X 0.014
 
Posted by dollar13 on :
 
0.012 X .0125


I HOPE THAN IT DROP SOME MORE BY THE EOD , SO I CAN BUY ME A CHUNK


READY TO DROP [Big Grin]
 
Posted by Abe Smith on :
 

 
Posted by Abe Smith on :
 
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4783368%22%3E

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4783368%3C/a%3E#Statemen t%20of%20Op s
 
Posted by ZeroCool on :
 
well according to this http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4783368%22%3Ehttp://xml. 10kwizard.com/filing_raw.php?repo=tenk&ipage=4783368%3C/a%3E#Statement%20of%20Op s

o/s has been 6m as of 31dec06- anyone talk to T/A recently?

i have been watching this for couple mo.- about ready for entry. I have come up with several conclusions on this co.

will know more about eftas by monday, and post

IMO; i think this is shorted to the tune of 20m FTD's- if they are diluting, that would change things. (but i am assumming they are not at this point-until i find out different.) Eftas will be a 1 for 1 split-- owned majority by Nettle o/s 37m float 16m (not confirmed).60 eod. good parallel play (have seen it .53 - .70 in last 10 days)
so...5m ABSD to 5m Eftas- nettle is a holding co.-- holding shares of a subsidary just starting out is worth free money on the initial run-up. I do believe after the sale is completed- atlantis will be a shell awaiting buy out or r/m. I doubt atlantis left themselves exposed to the loss of minority shares in eftas- they could buy the o/s of absd in a month for less than $100k on open market. remember...these 2 "employees" shelled out over $4m loss last year. If this is the case, good strategy.
I would want to own all absd shares of new co. too. Then have a recently outside audit for the last 2 yrs. leaving me with a clean shell I can make money off of, and chasing the next oppurtunity.
either way, a good short squeese if you go for the meat of it

Timing?? haven't figured that out yet
 
Posted by Time2drum on :
 
ABSD, over 20M traded this week and over 50M last week. Seems like A LOT for an O/S of 5M??? What's your take on that?
 
Posted by terence on :
 
Same way as WGLT,soon toxic filling,dilution
till 0,0001.
if you watch its balance sheet they are air,
just air.
i was luky going out of this.
and im here just for boredom i dont think in catch this,there are better plays imo this a EWDC right now are the worst.both have ups and downs but now people know what they are and the spikes doesnt come till very low levels from here
under 0,10 of course
 
Posted by ZeroCool on :
 
Time2drum

I think small flips- FTD's trying to cover from recent past, new interest buyer's, a little front loading before the squeeze. This is attractive on the eftas dividend alone. At both will happen roughly the same time.

terence
I have to disagree w/you. WGLT is not really like ABSD at all. Atlantis is pretty close to being a shell. I believe after the eftas deal with nettle- it will be sold as a shell, or dissolved.imo The filing says it all. on the other hand- dilution would give them a little more money to blow- trying to find out about the the 2 "employees"- insights there I think.
 
Posted by dollar13 on :
 
http://biz.yahoo.com/e/070402/absd.ob10-k.html


http://biz.yahoo.com/iw/070228/0221005.html


http://biz.yahoo.com/iw/070227/0220436.html


http://biz.yahoo.com/iw/070223/0219211.html


LET'S HIT THE GROUND


LOL
 
Posted by dollar13 on :
 
ONLY ONE mm LEFT AT 0.014....


HUMMMMMMMMM
 
Posted by argj00 on :
 
Is that a good thing that only one mm left?
 
Posted by argj00 on :
 
wow this thing has took a beating.
 
Posted by dollar13 on :
 
quote:
Originally posted by argj00:
Is that a good thing that only one mm left?

THAT ONLY MEANS THAN THE ASK HAD 1 MM ,BACK THEN .


NOW 3 MM's LEFT AT O.013 THE ASK SIDE


LOL [Razz] I DON'T KNOW IF IT IS GOOD OR BAD.
 
Posted by mike l on :
 
.013 looks like a good entry point
 
Posted by dollar13 on :
 
0.0128


[Big Grin]
 
Posted by argj00 on :
 
I think this one is going back up soon. Just a gut feeling.
 
Posted by njstockguy26 on :
 
at low....jump in now......
 
Posted by dollar13 on :
 
I AM IN


F.....K IT
 
Posted by dollar13 on :
 
BOUNCING


ASK 0.009
 
Posted by dollar13 on :
 
.0083 X 0.0095
 
Posted by dollar13 on :
 
.009 X 0.01
 
Posted by njstockguy26 on :
 
UP 11.76% TODAY.......OPENED .0085 CLOSED .0095......SHOULDA COULDA WOULDA.....TOLD YA ITS NOT TOO LATE
 
Posted by TopRob on :
 
Wow! Missed this one, well I might get in Monday when it goes down to .0065
 
Posted by njstockguy26 on :
 
IF YOU KNOW HOW TO PLAY IT RIGHT YOU COULD MAKE SOME MONEY.....WITH THE BOUNCING AND THE VOLUME.
IF YOU KNOW HOW [Big Grin]
 


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