ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS LIQUIDITY AND CAPITAL RESOURCES
At March 31, 2007, the Company had working capital of $27,045. 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 March 31, 2007. There was $0 revenue for the three month period ended March 31, 2006.
There was $1,275,628 Operational Expenses for operations for the three-month period ended March 31, 2007, compared to $16,247 in operating expenses for the three-month period ended March 31, 2006.
There were no Sales and Marketing expenses for the three month period ended March 31, 2007, or March 31, 2006.
Off Balance Sheet Transactions
The Company had no off-balance sheet transactions
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NAME/SYMBOL CHANGES Updated Date Old Symbol Old Name New Symbol New Name Comment 14:51 5/30/2007 ABSD Atlantis Business Development Corporation Common Stock ATLB Atlantis Business Development Corporation New Common Stock 1-300 R/S
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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yes boodog , your right....but the bottom line is that you could have bought in at 1.90 friday and sold today at 2.40. You can read all the little reports all you want along with everyone else. In the end if your not looking for something to hold on to long term imo is a great pick. After all, you would have made 25% from when i posted to the next trading day.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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