Atlas Technologies Group (ATYG)

[VeronicaFox]

If they issue new shares, they can distribute them in various ways. Companies typically issue shares when they raise capital through an equity financing. They can also issue shares to service existing debt. They can issue them to the principals; on ASKE Falso issued millions of shares to himself, his wife, and his associates. Take note of convertible debentures, those can hit the public markets as well. I would be willing to guess Albion got a sweet deal when he handed over ATYG.

What's a bummer here is the TA won't report, and the company hasn't reported to OTCMarkets in a year. We have no way of knowing much about the SS (the issued and outstanding, nor the float) except there's 15,000,000,000 authorized. Even that's questionable because the company is incorporated in Delaware and their SOS doesn't provide an online business entity search. The information is available but for a price.

The preferred shares are in question as well. With ASKE Falso issued his associates daughter ALL the preferred shares, 1,000,000 with voting rights of 10,000:1. Needless to say he never needs a shareholder vote to do anything.

I hope this helps, there's so much more. Maybe someone else will add.

Have a wonderful Easter ~