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[QUOTE]Originally posted by Time2drum: [QB] 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." [/QB][/QUOTE]
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