posted
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.
posted
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 ,but now that hes gone and his operation is in progress we can push his share price back up
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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.
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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???
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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
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.
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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.
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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.
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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.
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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.
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