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ATWT Bagholder See T Go, Monday, August 18, 2008 2:32:28 PM
Re: computerguy101 post# 42947 Post # of 53993
Glad to hear computerguy101. This is a real company and I've been following it since 2004! I actually bought some on 02/19/2004 Bought 714 ATWT @ 0.70!!! Can you imagine that? :) Well off to work again. I'm always checking posts in the background, but sometimes limited with responding.
Take care all!!!
ATWT IS BEING PUMPED BY BRIBOY AS A EOY PLAY, TODAY ATWT HAD 0 VOL, WHAT A PUMPER
OMEX +.18 TODAY Odyssey Marine Investors Dive For Real Treasure Hunts
By DAVID BENOIT
Of DOW JONES NEWSWIRES
NEW YORK -- Spanish doubloons meant to fund wars, solid gold bars bound for Europe's royalty and bronze cannons that protected it all now sit scattered across the ocean floor from shipwrecks.
But in a new investment plan by Odyssey Marine Exploration Inc. (OMEX), those long-ago sunken treasures could soon be part of investor portfolios. The Tampa company, whose work has been documented on the Discovery Channel and on pages of National Geographic, plans to allow investors a chance to purchase a share of a treasure hunt and split the spoils.
Think of it as a romantic play on all-time highs in gold prices, by tracking Odyssey's ships online instead of tracking price ticks on charts. Or it's a chance to spice up a portfolio by putting down quarterly filings and looking at photos of wreckage.
But know that when the end game is a ship that has been swallowed by the sea for centuries, the risk of coming up empty-handed is high.
"If you are going to be taking the risk anyway, why not go to a business that's potentially going to have high return?" said Chief Executive Greg Stemm. "I could make the case that we've become the best people in the world at finding hard-tofind things at the bottom of the ocean."
Odyssey made its name finding sunken treasure, and now believes it can allow investors to get involved differently. It won't be for every hunt, but for a few each year, Odyssey would raise the special funding to look for what it estimates are 100 wrecks worth $50 million. Odyssey says the time at sea costs about $3.6 million, plus other costs, so a target, if found, could bear big return.
The opportunity won't be available to just anyone. Odyssey is unable to give specifics, but anticipates the vehicles being open to "accredited investors." The Securities and Exchange Commission defines that as someone with a net worth over $1 million or who makes over $200,000 a year.
Odyssey has already tested a similar plan in the U.K., where about 100 clients of London-based investment consultancy Robert Fraser & Partners have sunk $11.7 million to fund four treasure hunts. Odyssey might have found at least one target for Robert Fraser, though it is too early to be certain.
Robert Fraser Chairman Colin Emson said it isn't for everyone and the company only hunts when the anticipated profit is 10 times costs.
"It is the most fascinating subject in the world," he said.
It might become more intriguing if gold prices keep soaring. David Beahm, vice president of rare-coins and gold dealer Blanchard & Co., said rare coins trade higher than gold bullion. He doesn't recommend the investment, but did acknowledge, "As a child, you always want to find the buried treasure."
Gold recently traded at $1,374.90 per troy ounce on the Comex division of the New York Mercantile Exchange, and earlier this month hit a record of $1,424.50.
Now, American investors will get a crack at some 6,000 shipwrecks Odyssey's researchers have identified while scouring old shipping records and newspapers. The process for selection is strict and tailored to Odyssey's expertise.
Research must produce a specific 300-square mile spot in deep water, where few others can look. There must also be proof that Odyssey wouldn't face a legal battle over ownership, a scenario currently holding up the windfall from one of the richest sunken treasure finds in history.
In 2007, Odyssey pulled more than 17 tons of silver coins from a Colonial-era site code-named Black Swan. But the riches, estimated around $500 million, remain in a vault as Odyssey fights a bitter court battle with Spain over ownership.
Using a fleet of vessels loaded with deep-diving robots and specialty cameras, Odyssey has the Black Swan and several other trophies it can point to as evidence it can find treasures.
Last year it found the HMS Victory, which sunk in 1744 and had been one of England's great maritime mysteries. In 2003, Odyssey discovered the SS Republic, a Civil War-era steamship that sank off of Georgia loaded with gold and silver worth around $75 million today.
The first expedition for Robert Fraser investors was code-named "Enigma." Odyssey was paid $3.5 million for the search and the research file. From any recovery, Odyssey would get 80% of the first portion of sales until it had $20 million. Proceeds from the remainder of the booty would be split equally with investors.
Contracts, tailored to risk and the target, would vary for each hunt.
Mark Gordon, Odyssey's chief operating officer, said opening up hunts to U.S. investors could allow Odyssey to hunt 10 times a year instead of six. They search about 90 to 120 days, for about $30,000 a day in costs.
Still, the investment carries high risk. Robert Fraser's website warns potential investors of "often total loss" while touting the high return.
Odyssey will also have to consider taxes, a somewhat murky issue that could carry implications for the final payouts to investors. But, despite the potential complications and risks, there are other perks.
"You have an investment you can talk to your buddies at the bar about," said Gordon.
ITS A PUMP SCAM!!! RUN!! SELL!! SELL!!
STORMY MONDAY AND BROTHER FROG AND THE UNION BOYS TAKING THIS UP TO .005S THEN TURN SEAB LOOSE!
BROTHER FROG AND THE UNION BOYS ARE GOING TO TAKE IT UP !!
LOOK AT THE SALES!!! ATWT!! A KNEE SLAPPING/TABLE POUNDING BUY!! LOOK AT THE SALES,WILEY IS AN HONEST CEO,HE DOES EVERYTHING HE SAID HE WOULD DO!! LOOK AT THE SALES!!!!!!!!!! BUY!! BUY!!
Obviously you do you posted back ;)
Gmoney, Do you really think I care about ANYTHING YOU POST? LOL
SUDAS
How mature. Have a nice life pal. And as i previously stated i have no afilliation with ATWT. I just find your posts rather childish and filled with to many grammer errors to even count all while being in all caps and bold has got to be the most annoying thing i have seen from any poster thus far.
LOOK AT THE SALES!!!! BUY!! BUY!!! THIS IS A TABLE POUNDING,KNEE SLAPPING BUY!!!! HOLD LONG!!
Hey G Money, figure our what this means to you
SMDAS
ATWT IS A PUMP & DUMP!
This was set up to PUMP ATWT and now that it has taken its DUMP pps at .0003 everyone has moved on the the next P & D
where did everybody and the mods go??
I dont have PM yet. :) but the answer is no. waiting on HMIT to take off. :)
ceo wiley,an honest man recomended that one!!BUY!! HOLD! LOOK AT THE SALES!!
OMG! Another P&D and you are pumping it! Can't beat 'em, join 'em, huh?
OMEX continues to go Up while HESG Vol is Strong
And the PUMP and DUMP ATWT is at .0002 all the way
from .003 just 8 weeks ago, lol
U R such a FAKE, How Sad
Said by you, this is taken like a badge of honor.
Realisically, how could you possibly know, and you
drag my daughter into it. Says more of you than
me, but hey, you could still be a decent guy,
later
its so simple...even a nitwit can get it!!!
BUY some OMEX to make up your losses from ATWT and IF you were one of the Chosen Few, put some profits in OMEX as well
HESG is starting its pre round two BUYING the last several days
Hey dupeman that quote was for you....
Wake up my friend...
Z
ATWT- I read that some feel the CEO WHILEY IS NOT PUTTING OUT A PR BECAUSE HE WANTS THE SELLERS GONE,
THAT HAS TO BE THE FUNNIEST THING I HAVE EVER HEARD,
hahahahahahahahHAHAHAHAAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
New Info on ATWT that you didn't get to see
'ZNSTATED' "Never makes any sense to buy a company you don't like or believe in"
Rule #1 NEVER fall in love with the company or its product
Why do I need to "BUY" a membership?
Lower Highs and Lower Lows PLUS Lower Vol all Equals a forgotten stock that will slowly go back to .0001 as almost ALL Pinksheet stocks do.
How many are going to remind WHILEY of his PR's in the coming mths when there is NO SOLID SALES FACTS Update, just like old times, lol
Hey BriBoy, Why did ATWT go from .003 to .0005 in the last 6 weeks? With all the wonderful potential PR's I thought this was projected to run to .10 to get up listed.
Oh yea the only way it will make it to .01 is a REVERSE SPLIT. It will be the second Reverse Split by the CEO WHILEY in 7 years, SAD
finally a good post we BOTH can agree on!! well spoken!
Welcome to da pink sheets?
no pink sheet is real in the respect people think they are... go with the runzzz and never call the CEO lolzzz
That's interesting. He has maintained for weeks
now that it will go to .0001. It's at .0006
How is he correct?
Sorry, don't mean to be rude.
Do you have any thoughts about HMIT bud?
Not trying to be rude, but it's only bashing if he'd been wrong about the stock tanking, he's been spot on so far, at least with the stock price.
No, none of my friends bought at .003
Think of all the people that could have made money from
.0001 to .003, or along the way, but they did not get
in the stock because of your bashing.
They might have needed the money for a critical surgery, or
school tuition........
Z, WHY DID ATWT GO FROM .003 TO .0004 IN THE LAST 6 WEEKS?
ATWT WILL GET TO .0001 REAL SOON, PERHAPS IN 1 TO 2 WEEKS.
WHY DON'T YOU GO LOOK UP MY POST WHEN I POSTED THAT ATWT WAS GOING TO .0005 BINGO ITS BELOW THAT TODAY FORGET THE PAINTED CLOSE ONCE AGAIN
where's the .0001's deep
Z
LOAD UP FOR THE 3RD PUMP & DUMP OF ATWT, SHOULD BE IN 6 MTHS RIGHT AFTER ALL THE PROMICES COME TRUE, LOL
HOW BAD DO YOU FEEL BEING PART OF A PUMP & DUMP KNOWING YOU HELPED SCREW PEOPLE OUT OF THEIR MONEY SO YOU COULD SELL AS YOU WERE SAYING BUY BUY BUY, SAD POS U R
DID ANY OF "YOUR" FRIENDS BUY AT .003?
ZBOY, why did ATWT go from .003 to .0004 in the past 6 weeks, I'll tell you ITS ANOTHER PINKSHEET PUMP & DUMP !
must suck not to have anybody to screw around with other than chaps on a cyber board....
Hey deep get your cojones and take them to wiley and tell him how you really feel, but something tells me ya can't do that...
Z
tell the truth,please,you know wiley is a rightous man,keeps his word,we know years ago he trusted somebody that made gobs of promises to take the co. to new heights,got hundreds of mil shares,some say colse to a bil. them dumped them to murf,the co. went no place then ks came in to give it a kickstart...were you that person that dumped the shares to murf??
You still here lol, did you talk to the main man again like you said the first time lol ....... ATWT .......
Bottom buying ATWT this week and next week will be 20% less and then the next week it will be another 20% Less.
The time to buy ATWT is at .0001 right before the next PUMP
Thanks, that is not too bad.
I would think and would hope to see the new ticker soon.
I also believe accounts would take about 3 business days or less to settle.
This is what I would think
When the ticker change does happen, will it effect trading for several days while the brokerage firms get their acct together. Just had a ticker change happen to another stock and trading has been limited for several days. Says they are waiting for info from TA. You can call you trades in, but pay higher commissions. Just wondering. Mine might be an isolated case as there was a R/S involved (Ouch).
HMIT waiting for ticker change to happen soon ...
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Welcome to Wall Street Investors. Feel free to come by every day.please post your choices for stocks BUT YOU MUST PROVIDE DD!!!! if no dd to support your choice we must deleat post,we are trying to prevent spamming or drive by picks slapped on our board,want to pump,go ahead,but provide DD!!! as to why its a good buy! provide links if possible!
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