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Sunday, 10/02/2011 4:46:15 PM

Sunday, October 02, 2011 4:46:15 PM

Post# of 222060
ALCL - a Christopher Davies company that was not on my list from earlier today that deserves some attention.

Unlike the companies that I did include on my list, Christopher Davies doesn't act as the legal counsel for ALCL, he acts as the CEO.

Atlas Capital Holdings Inc (ALCL) was formerly known as Micro Mammoth Solutions, Inc

Prior to Christopher Davies becoming CEO of the ALCL shell, James Watson (David) was the president of Micro Mammoth Solutions from March of 2008 until December of 2009.

Until recently James Watson was the CEO of GRDO and Christopher Davies was the legal counsel for GRDO.

Some interesting information on the James Watson, Stephen W. Carnes, Lawrence A. Powalisz connection

ALCL was being used to pump Clean Energy Pathways (CPWY) earlier this summer using a proposed merger between CPWY and ALCL. During the press releases Christopher Davies was the legal counsel for CPWY.

Here is the initial press release announcing that ALCL would be acquiring CPWY on April 13, 2011

Here is the Merger press release from May 11, 2011

In early August the CPWY/ALCL merger was canceled and Christopher Davies stopped acting as the legal counsel for CPWY.

Here is what happened to the CPWY share price during that time:



Down from $.15/share on April 13, 2011 when the ALCL/CPWY agreement was first announced to under $.03/share by the time the merger/acquisition was called off.



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On August 30, 2011 ALCL announced a Letter of Intent to acquire Textraw, Inc.

http://ih.advfn.com/p.php?pid=nmona&article=49000009

Textraw, Inc has previously shown up with two POS companies controlled by Min_mar Group - NWTT and SKGO.



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NWTT

In June of 2010 NWTT which is a Min_mar Group company announced its plans to do a merger with Textraw Inc (right on the coat tails of the Bermal Contracting Ltd acquisition - which turned out to be basically worthless despite the press releases done by NWTT saying the merger would be worth millions). For weeks the Textraw Inc merger carrot was dangled in front of the NWTT investors to help promote the NWTT share price. Then in September of 2010 the Textraw Inc merger was canceled and Textraw Inc was passed on to another Min_mar Group company, SKGO.

On June 15, 2010 NWTT closed at $.0014/share on extremely high volume compared to previous days. The pump was on partially because of the Textraw Inc fake merger.

Despite heavy volume for the next several weeks NWTT would never see a close as high as $.0014/share ever again. The whole fake Textraw Inc merger appears to have been used to support a pump&dump.

NWTT saw billions of shares trade over the next several weeks, but the share price gradually fell into the triple zeroes by the end of June of 2010 then continued to fall to $.0001/share by September of 2010.



NWTT is now a no bid stock that hasn't put out news in months.



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SKGO

On October 4, 2010 Min_mar Group put out a press release using Textraw Inc to start pumping other company they controlled, SKGO.

The volume immediately increased for SKGO and for a brief stretch so did the share price. SKGO went from $.0005/share at the open on October 4, 2010 to close of $.0014/share on October 11, 2010 (a span of 6 trading days). Ironically that matched the high closing price for NWTT ($.0014/share). Then the dumping started.

SKGO was back down to a close of $.0005/share by November 1, 2011. The Textraw Inc merger carrot continued to be dangled in front of SKGO investors for several more months after this.

On April 1, 2011 SKGO announced the merger was completed

http://ih.advfn.com/p.php?pid=nmona&article=47285010

A couple of more SKGO press releases came out in April of 2011 related to Textraw Inc and then SKGO was never heard from again.

The SKGO share price closed at $.0002/share by May 12, 2011 then bottomed out at $.0001/share on May 30, 2011. The shell was left for dead and is currently stuck on no bid.



Another Textraw induced pump&dump was over.



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Jeffrey Burns

Jeffery Burns became the CEO of SKGO in January of 2010 upon completion of some acquisition done between that shell and Shot in the Glass. Burns who was still the CEO of SKGO during the entire Textra Inc pump&dump would find himself a new home with a Christopher Davies connected company called Sportsquest, Inc (SPQS) in February of 2011.

Some background on SPQS in this post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65041009

SPQS has its own amazing dilution story going from a close of $.14/share on April 27, 2011 (around the same time that Burns stopped paying attention to SKGO) to $.0002/share less than 3 months later on July 25, 2011.

SPQS currently sits at $.0004/share.



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Back to Atlas Capital Holdings Inc who announced on August 30, 2011 that they had entered into a letter of intent to acquire Textraw Inc.

http://ih.advfn.com/p.php?pid=nmona&article=49000009

The press release mistakenly called Textraw Inc a Florida entity, but that was later corrected in this September 12, 2011 press release put out by ALCL:

http://ih.advfn.com/p.php?pid=nmona&article=49141909

Here is the Textraw Inc business entity filing with the GA SOS:

http://corp.sos.state.ga.us/corp/soskb/Corp.asp?179785

Here is a list of the Textraw Inc filings done with the GA SOS:

http://corp.sos.state.ga.us/corp/soskb/Filings.asp?179785

In 2003 Textraw Inc was incorporated by Chris Ambrose with David Carvin listed as the sole Director/Officer

Certificate of Incorporation

In 2008 Textraw Inc was dissolved as a business entity.

Certificate of Dissolution

In January of 2010 (same month that Textra Inc was introduced to the NWTT shareholders) it was reinstated still with David Carvin as the sole Director/Officer

Certificate of Reinstatement

Here is the Textraw Inc website:

http://www.textrawinternational.com/pr/press.htm

Jeffrey Burns is still listed as an Area Manager for Textraw Inc.





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The ALCL share price

For months ALCL saw absolutely no volume stuck at $.05/share.

Following this recent press release campaign focused on Textraw Inc that ALCL has started, volume sudden shot up from 0 to 1,851,715 on September 8, 2011.

The results were not good. Despite seeing its first volume in months the ALCL share price dropped to $.046/share by the end of the trading day.

The high volume combined with falling share price continued for the next few days:

9/08 - Closed at $.046/share
9/09 - closed at $.041/share
9/12 - closed at $.040/share
9/13 - closed at $.033/share
9/15 - closed at $.031/share
9/21 - closed at $.021/share
9/26 - closed at $.018/share

Obviously the press releases combined with the pumping being done on the stock was all done to support a lot of selling.

The selling has died down since 9/26 and despite a decreased in volume the share price has managed to recover to $.03/share.




In my opinion, based on the history of the players involved in ALCL (especially the CEO) and the history of other companies that have done agreements with Textraw Inc in the past, we have definitely not seen the bottom with ALCL. There will probably much more selling/dumping in the future for ALCL.











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