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Atrinsic, Inc. (ATRN)

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Last Post: 9/30/2014 9:44:21 AM - Followers: 521 - Board type: Free - Posts Today: 2
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100,000,000,000 Authorized Common

Shares

100 BILLION

ATRN



September 11, 2014 Form 10:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10201048

Excerpts:

Page 15: Pursuant to the Plan of Reorganization, all debt was converted to equity with the secured creditors receiving 4,600,000,000 shares, $0.000001 par value per share, of a newly created class of preferred stock designated as Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and general unsecured creditors receiving an aggregate of 300,000,000 shares of common stock, $0.000001 per share (“Common Stock”).

Prior to March 30, 2012, the Company was a reporting company under the Exchange Act, and filed periodic reports with the SEC. On March 30, 2012, we filed a Form 15 with the SEC, terminating our obligation to file periodic reports under Sections 13 and 15(d) of the Exchange Act.

Page 21: Over the last nine months, since emerging from bankruptcy, we have incurred significant operating losses. As of March 31, 2014, we had an accumulated deficit of approximately $968,000.

Page 42: As of June 30, 2014, an additional number of shares of our common stock are subject to the conversion of 4,600,000,000 issued and outstanding shares of Series A Preferred Stock. The conversion of the Series A Preferred Stock is subject to the Beneficial Ownership Cap limitation described in Item 11 below under the heading Preferred Stock.

Page 43: Our authorized capital stock consists of 105,000,000,000 shares consisting of 100,000,000,000 shares of common stock, par value $0.000001 per share, and 5,000,000,000 shares of “blank check” preferred stock, par value $0.000001 per share, of which 4,600,000,000 shares of have been designated as Series A Convertible Preferred Stock (the “Series A Preferred Stock”). 
    
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The information presented in this table is based on 400,000,000 shares of our common stock outstanding on June 25, 2014. Unless otherwise indicated, the address of each of the named executive officers and directors and 5% or more stockholders named below is c/o Atrinsic, Inc., 1 Grand Central Place, Suite 2319, New York, NY 10165. 



Name of Beneficial Owner 
Number of Shares 

Beneficially Owned 
Percent of 
Class 

Edward Gildea, Chief Executive Officer and Director 100,000,000 (1) 20.00 % 
Jonathan Schechter, Director 50,000,000 (2) 11.11 % 
All directors and executive officers as a group (2 persons) 150,000,000 (3) 27.27 % 
5% Stockholders: 
Sebastian Giordano 125,000,000 (4) 23.81 % 
Hudson Bay Capital Management LP. (5)(7) 44,395,067 (7) 9.99 % 
Iroquois Capital Management LLC (6)(7) 44,395,067 (7) 9.99 % 

469 Holdings LLC (8) 22,693,437 5.67 % 
Brilliant Digital Entertainment Altent, Inc. (9) 62,519,414 15.63 % 
Google, Inc. (10) 100,047,815 25.01 %
*****************************************************************************************************************************************************************************************************************************
 


Why-Is-Sebastian-Giordano's 125,000,000 shares-only-equal 23.81% when-Googles 100,047,815 is 25.01% ??? WHY IS THAT??? Why would a CEO

with 125M shares in options RESIGN FROM BEING THE CEO ON MARCH 1ST 2014 ???

Why-is-a-total-of 122.39% ownership-listed???

 
Edward Gildea, Chief Executive Officer and Director 100,000,000 (1) 20.00 %
 Jonathan Schechter, Director 50,000,000 (2) 11.11 %
 All directors and executive officers as a group (2 persons) 150,000,000 (3) 27.27 %
 5% Stockholders:
 Sebastian Giordano 125,000,000 (4) 23.81 %
 Hudson Bay Capital Management LP. (5)(7) 44,395,067 (7) 9.99 %
 Iroquois Capital Management LLC (6)(7) 44,395,067 (7) 9.99 %
 469 Holdings LLC (8) 22,693,437 5.67 %
 Brilliant Digital Entertainment Altent, Inc. (9) 62,519,414 15.63 %
 Google, Inc. (10) 100,047,815 25.01 %
 MediaNet Digital, Inc. (11) 20,071,696 5.02 %


 ------------ 569,122,496 shares - 122.39%

Looks like 169,122,496 more than 400M...

 The 2 directors who own 100m/20% and 50m/11.11%, adds up to 150m/27.27% ???

 

     Atrinsic, Inc.
ATRN
 
469 7th Avenue
10th Floor
New York, NY 10018
Phone: 212-716-1977
         http://atrinsic.com



 

Management:

 
 






 


Transfer Agent:

American Stock Transfer & Trust Company, LLC

6201 15th Avenue
Brooklyn, NY 11219

Tel: 800.937.5449
Fax: 718.236.2641
info@amstock.com


 



http://www.otcmarkets.com/stock/ATRNQ/quote

http://www.otcmarkets.com/stock/ATRNQ/financials

 


 

Atrinsic Website and Press Releases:
 

http://atrinsic.com/



Charts:

http://stockcharts.com/h-sc/ui?s=atrn
******************************************************************************************************************************************************************************************************************************

a/o June 25, 2014, Atrinsic had ZERO 

EMPLOYEES and Momspot had ONE full

time employee.

 

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ATRN
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Wiki
ATRN News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 09/29/2014 05:22:45 PM
ATRN News: Initial Statement of Beneficial Ownership (3) 09/12/2014 11:02:25 AM
ATRN News: Initial Statement of Beneficial Ownership (3) 09/12/2014 11:01:15 AM
ATRN News: Initial Statement of Beneficial Ownership (3) 09/12/2014 10:59:15 AM
ATRN News: Amended Securities Registration (section 12(g)) (10-12g/a) 09/11/2014 05:14:55 PM
News News Alert: Notification That Annual Report Will Be Submitted Late (nt 10-k) 09/29/2014 05:22:45 PM
PostSubject
#115696  Sticky Note Someone please sticky this post so investors don't Wisebuys 09/23/14 07:43:56 PM
#115871   Dilution is potentially eminent, true... smakkdaddy 09/30/14 09:44:20 AM
#115870   ATRN moves on air ask hits will take lukin4winners 09/30/14 08:45:20 AM
#115868   Nobody knows when.Need a pump before a dump=Textbook... Sibware 09/29/14 10:30:11 PM
#115867   No, no I don't. But they will dilute UserAlias1 09/29/14 10:28:44 PM
#115866   Ya_think_they will sell 100 Billion in the next-month???Lol... Sibware 09/29/14 09:44:05 PM
#115865   Though-the 100B isn't-limited... Convertible-notes will most-likely be-issued t UserAlias1 09/29/14 09:41:29 PM
#115864   4.6 Billion_limited to 2.5% of OS per 90-days_period: Sibware 09/29/14 09:14:20 PM
#115863   Dilution IS in sight!! The road to dilution UserAlias1 09/29/14 08:30:44 PM
#115862   ATRN Holding up really well no dilution SolidStocks 09/29/14 06:13:36 PM
#115861   What is that?. javier1973 09/29/14 06:03:00 PM
#115860   Notification That Annual Report Will Be Submitted Late Zoofire 09/29/14 05:28:21 PM
#115858   Pathetic dollar volume for $ATRN UserAlias1 09/29/14 05:23:13 PM
#115857   ATRN CHART SolidStocks 09/29/14 02:43:51 PM
#115856   I like the ole' Jolly Roger.... ;-) Lotto123 09/29/14 12:55:37 PM
#115855   I get that this company was run by Reaves 09/29/14 11:47:54 AM
#115854   I can tell you my implication better than drwright68 09/29/14 10:27:14 AM
#115853   I wasn't around back in those days, so Reaves 09/29/14 09:32:38 AM
#115852   ATRN #39 on IHUB breakout boards starting to lukin4winners 09/29/14 08:19:39 AM
#115851   Nice DD drwright! The big plus here lukin4winners 09/29/14 08:14:36 AM
#115850   ATRN is still alive.... weeeeeeeeeeeeeeeeeeeeeeeeeee Nitwit 09/29/14 04:03:03 AM
#115849   stockcharts.com/c-sc/sc?s=ATRNQ&p=W&b=5&g=0&i=t54386821990&r=1411977133122[ Nitwit 09/29/14 03:53:06 AM
#115848   Hi Nitwit 09/29/14 03:49:13 AM
#115847   Thank you indeed... smakkdaddy 09/29/14 12:40:20 AM
#115846   Quite possibly the best post I've ever seen... smakkdaddy 09/29/14 12:37:09 AM
#115845   Wrong. Nobody needs to want those shares for UserAlias1 09/28/14 11:40:43 PM
#115844   Thanks Belgiumsui, that's incredible! henry88 09/28/14 08:51:09 PM
#115843   Well done drwright68, Clint Morewood 09/28/14 08:50:11 PM
#115842   $ATRN I get 1 reply per day. "1". Mark drwright68 09/28/14 08:16:22 PM
#115841   Regardless, people are still going to need to smakkdaddy 09/28/14 05:46:56 PM
#115840   Example: $ATRN issues a convertible note for $1,000,000, UserAlias1 09/28/14 03:12:29 PM
#115839   As-of June 25, 2014, Atrinsic-had-NO-EMPLOYEES and-Momspot-had ONE full-time-employee. UserAlias1 09/28/14 03:03:30 PM
#115838   You must of missed this- Item 1. Business UserAlias1 09/28/14 03:00:16 PM
#115837   Google-doesn't-mention Atrinsic here https://www.gv.com/portfolio/ or-here http UserAlias1 09/28/14 02:50:32 PM
#115836   Google's $ATRN position will be worth $10,000 then... UserAlias1 09/28/14 02:48:32 PM
#115835   Well, either-way, it adds up to 569,122,496 shares. UserAlias1 09/28/14 02:08:29 PM
#115834   Think you have to read all the footnotes lukin4winners 09/28/14 02:04:26 PM
#115833   Why-is-a-total-of 122.39% ownership-listed??? Seems-the-numbers just-don't-add-up here, or add UserAlias1 09/28/14 01:55:07 PM
#115832   Why-Is-Sebastian-Giordano's 125,000,000 shares-only-equal 23.81% when-Googles 100,047,815 is 25.01% UserAlias1 09/28/14 01:46:23 PM
#115831   You can't dump shares on people unless they smakkdaddy 09/28/14 01:42:38 PM
#115830   Goog owns 25% as of june 25,2014 now lukin4winners 09/28/14 01:36:55 PM
#115829   Unless Google buys A LOT more $ATRN, they UserAlias1 09/28/14 01:36:18 PM
#115828   One PR saying anything at all.... smakkdaddy 09/28/14 01:34:26 PM
#115827   Page 39 belgiumsui 09/28/14 09:37:02 AM
#115826   How do you know that? Can you give henry88 09/28/14 06:00:16 AM
#115825   ATRN is an undiscovered gem! When we get lukin4winners 09/26/14 08:16:21 AM
#115824   Where would that be? Tagflora 09/25/14 07:44:32 PM
#115823   ATRN...interest growing!!! SolidStocks 09/25/14 05:41:44 PM
#115822   yee of little faith..with google owning 25% of SolidStocks 09/25/14 05:40:41 PM
#115819   sweet got filled...Now ATRN..time to run up to SolidStocks 09/25/14 03:40:09 PM
#115818   That made me lol Paul Wall 09/25/14 02:33:43 PM
PostSubject