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Name change for Atng to Zann?
I noticed, on their web site, that atng is changing their name to Zann on 11/30/04. I wonder why that is?
At my age smoking and a can of Bud is all Ihave to keep me going. There was another vice I had some years back but I forgot what it is.
If I don't get a reply to day I will re-send the questions.
Chucker
you the best.
get well.....and stop smoking is bad for your health :)
Because of a bad throat, I sent him an email on Monday explaining that I could not talk. I am STILL awaiting a reply or at least a note saying he will not reply to the questions I asked. Also asked permission to post here any comments he may have. I will report here either way.
Chucker
Because of a bad throat, I sent him an email on Monday explaining that I could not talk. I am STILL awaiting a reply or at least a note saying he will not reply to the questions I asked. Also asked permission to post here any comments he may have. I will report here either way.
Chucker
what happend with this phone call???
did you get any info....
yea ask them when is it going to reach $1??? :)
but serious, why is it still trading in Berlin?
or about the building the building that was supposed to be done by mid-April, 2005??
Why is the PPS @ sub sub penny cheap the PR in the summer mentioned concerns when PPS was approx. 0.0028 since mentioned way down deep subpenny level , thing to do share buy back !
Everything looks good about ATNG except the PPs. I was able to buy more this morning but had to pay 0.0008. Now it is at 0.0006
The difference between bid and ask. I have sent ATNG another e mail and this time received a reply from Equitest asking I phone him with any questions before doing so. Therefore I am asking if anyone has a specific question and I will try to get an answer and receive permission to post it here.
Chucker
Don't look like green management either !
ATNG Announces Management Addition
Thursday October 28, 10:15 am ET
FENTON, Mich.--(BUSINESS WIRE)--Oct. 28, 2004--ATNG Inc. (OTCBB:ATNG - News) announced today that Steve Rittmanic has been appointed Vice President - Product Development. Mr. Rittmanic will be the primary formulator for Future Beverages Inc. (FBI) and will contribute to overall quality and improvement of all Blue Kiwi(TM) products.
Mr. Rittmanic has an extensive background in food, beverage and nutritional supplement product development, including 15 years of experience in taking products from concept to formulation to commercial production. He has developed products for GNC, Met-Rx, Naturade, Carb Solutions, Sundown Vitamins, Nature Made vitamins and Scan Diet. His skills include an extensive breadth and depth of laboratory, technical and business experience, a familiarity with FDA, USDA and DSHEA regulations, including GMP and labeling, as well as an up to date knowledge of nutrition, food technology and industry trends and issues.
According to Robert Simpson, Chairman-CEO of ATNG Inc., "Steve's addition to our team brings an exceptionally strong experience level to implement and improve product development for both FBI and Blue Kiwi(TM). We are quite pleased to have him on board and will focus his initial efforts on a line of enhanced bottled water for FBI." Rittmanic added, "Water is rapidly becoming the preferred delivery system for a variety of lifestyle, wellness and therapeutic ingredients, and I am certain that Future Beverages Inc. can make a significant contribution to products and technology in this market."
Future Beverages, Inc. is currently a Strategic Partner of ATNG Inc. and is in line for acquisition pending satisfactory completion of audit requirements. More information on Steve Rittmanic can be found on the ATNG website, www.atnginfo.com.
ABOUT ATNG
ATNG Inc. utilizes proprietary methodologies to identify and acquire businesses with outstanding growth potential, either through ownership of intellectual property, new ideas for conducting a business process, or ongoing business operations. For addition please visit the corporate website at www.atnginfo.com.
Meli. I SHOULD have read the Company announcement before my reply. You know what I think? It sounds great. Either that or they have a tremendous press writer. Did you read it all and then click onto the Strategic Partners? Really. It all sounds pretty good. Chucker
Meli. That better be a LONG vacation for ATNG to be at your price. WOW.
Anyway. I have no idea what they will do with a building that will cost many dollars. Maybe someone can enlighten us.
Chucker
ok here http://www.atnginfo.com/aboutatng.htm
they talk about a building that is going to be completed mid april 2005..now i dont now alot about stocks but common sense, one can calculate the price of a equity using the shares and the market capitalization.my question, is it possible that they are using the market capitalization to expand or create the building and that is the reason for the price drop or this does not effect the price..
i m going on vacations, by the time i ll be back atng would be $5 :)
OCT 25 ----ATNG files 8-K financials on Kiwi aquisition
www.Pinksheets.com for more info
OCT 25 ----ATNG files 8-K financials on Kiwi aquisition
www.Pinksheets.com for more info
thanks supervalue...
this is good to know.
ATNG basically is BIZ developement company with ASIAN influence, when it moves it will be a big run
ok i dont want to look stupid however the more i researsh for atng the more confused i get. ATNG 1)offers voice and data telecommunications services ,2)The Company offers DISH Network (TM) satellite TV products as well,BlueKiwi(WHICH I THOUGHT THE WHERE SOME KIND OF DRUGS,like the web site) is a flat rate, unlimited long distance calling plan offering instate and state-to-state calling in the contiguous U.S., and for a flat rate, unlimited long distance calling to South Korea.
and ATNG placed in drug Industry.
ATNG had some volume this past week and the price was around
a large spread could be a bottom fisher
s1ss54. Your last paragraph--" hope they get delisted" I hope is a typo. I only use the 2 index fingers and might do that often. If otherwise, please advise.
Thanks.
Chucker
A good note....
First, I've been researching stocks that have been delisted from Berlin. Two other stocks I owned were, also, listed by Berlin. One of the stocks had dropped to .0006 and I just turned my back. Not looking at it anymore, cause I thought it was done in. Today...since finally being delisted from Berlin, it has now raised to .0045, a slow increase and far better than .0006. I never heard anything from them either...news or other wise. Maybe there is still hope for atng.
Atng today had a little slower volume, with the price closing slightly up. Gosh, I hope they hang in there and get delisted. I hope they are for real and do good business.
Still hope left.
If we are lucky, maybe we will become happy posters, also. But, darn, the price sure has dropped to the bottom, and nothing from the company. A lot to consider.
I'd like to say thanks to everyone for their posts. I do enjoy hearing and learning.
And this is what a happy investor's message board looks like:
http://finance.yahoo.com/q/mb?s=ARTX
Above is an example of a stock I'm thinking of buying. In light of what I mentioned earlier about institutional ownership, specialized technology,etc., you might want to examine it.
Good job, Meli, filing the complaint with the SEC. In that way, if they are lying to us, they will get caught. And, yes, it is true we depend upon their information and they can always be lying. What I look for is the consistency of the information over the past year and I only found one inconsistency, in reference to buying companies before 4/2004. They couldn't because ATNG was in bankruptcy proceedings.
I invested in ATNG knowing it was a long shot, like Las Vegas or gambling. You can avoid so-called scams or just companies that can't make it. Let's face it, most new small businesses go under. You can decrease this possibility by finding, what I call confirmations of your belief in a penny stock. What I look for, in this vein, is institutional investment. Now most institutions will not invest in penny stocks, but some do. For example, I like the story on Harken energy, Hec, Bush's old company. It happens that it has quite a bit of institutional investment for a penny stock. At the time I first bought, it stood at .40. CalPers owned over $800K worth of shares. Now CalPers is pretty conservative. That's a lot of money to have in a penny stock. If it went under, it wouldn't hurt CalPers, but the publicity might. So they must have done their DD thoroughly.
Anyway, I think it helps to look for institutional investment and I want to see something in the $100K range at least. The more the better. Second, but not as important as institutional ownership, I like 20% or more insider ownership. Often with penny stocks there is none, so when I see lots of ownership like 60% or so like MRKL has that gets my attention. If I have lots of institutional ownership and recent insider buying, say $20K or more, I'm even more interested.
Another thing I like to buy is a company with new technology like a bomb detector. ISON was one I liked a lot, although its gone up a lot.
TVIN has been the best former penny stock I've ever owned. Check out what it's done over the past 2 years. It's still a good stock to own now because it has a potential deal with the military that could cause it to move up tremendously. It's a top company if you check financials (which I do): income statement (revenue and earnings plus the balance statement: debt to equity and cash on hand.
Briefly I like to see:
1. Significant institutional buying (20% or more insider buying is an extra plus)
2. Of equal importance as one or even more is a great new technology that everyone wants. Homeland security is a good area as is nanotechnology.
3. Rapidly increasing revenue and earnings
4. Partnerships w/ major companies, US goverment orders or partnerships
5.Large Loan approvals like mobl (.20 stock) getting a $100M loan to acquire other companies. An investor giving such a large loan is confirmation that you are on to something good.
6. I buy in gradually as I see the company is performing and as I trust it.
7. I buy on the pull back.
8. If it's a good company and performing I stay in. Good does not mean just going up, but performing (increasing revenues and earnings and growth and improved products). I stay in because, according to what I've read, the most common way to become wealthy is growing you're own small business and reinvesting in it. The same thing applies to stocks. Find a small growing company and reinvesting as long as it continues to perform.
9. Ignore market noise. The market will effect my stock price. In a good market the tendency is for my stock to go up no matter what and vice-versa in a down market. That's the general rule, however, a good small company will swim upstream often and go against the market and then really jump when the market goes up.
TVIN was an exception when I bought it. No institutional investors and few insiders, but it was performing big time, in homeland security, winning state awards for products & service and that overrides all-few companies are like TVIN was.
As far as ATNG goes, I wonder about the $2M+ profit for the June quarter Dr. Simpson mentioned and why he didn't file a declaration of earnings? I also wonder about the $5M he paid himself, according to an August filing. All may be okay, but he needs to keep his investors informed, particularly when the stock plummets and we hang in there. This is at best poor judgement on his part and at worst, well, I hope not.
g7enn...thanks for comming over i read in your other board that you really liked atng, i thought we could use some positive thinking here :)
however your assumptions are based on atng's news and like s1ss54 said news can easly be manipilated by the company's owners.....
ps. i also filled a complain with SEC
g7enn..thanks for the info. I'm counting on all I can learn and see. Also, thanks for the link.
This Illinois legal document is old news, 4/2003, before Dr. Simpson took over ATNG (7/2003). The information about 90,000 of 100,000 penny stocks being scams is false in my opinion. I think there are only about 10,000 public companies total. This is not to say scams don't exist and that penny stocks, especially pink sheet ones don't have their share of scams, but so do the big boards: Enron, Global Crossing (I got fleeced) and many others. Be careful with people that use the word scam too often. Many use it as a ploy to get one involved with whatever they have to sell or where they want to steer you. In my opinion they are not to be trusted. It is my opinion that many stocks are dropping due to the lack of volume in the market overall. The world is very unstable presently and the market reflects this instability. I hope after the election some of this will be relieved.
I have been impressed with Dr. Simpson's follow through, doing what he says, telling us when he can't and informing investors on a regular basis until recently. The fact that investors are contacting him or his representatives and he is not responding has me concerned. Hence, I have called both his office and Equity Link and have not received a reply. Therefore, I have now contacted the SEC and asked them to see if anything extraordinary is transpiring. You may wish to contact them too. The more people that do, the more likely we will get an answer. You can contact them at this URL: http://www.sec.gov/complaint/cf942sec9570.htm
Thanks for taking the time to read this note.
Darn, didn't know atng had been talked about as a scam in 2003. I will do more research on reporting scams. I think I saw something on the SEC website. Even, if suspicions of a scam are wrong, I think it warrants investigation, to be sure.
It is easy to do this type of scam. All you have to do is get a business license, , apply as a corporation, name your officers, give yourself stock. You are even in control of how many stocks you want to first issue. Make sure you do your filings, work your scam each day, paperwork can look real.
Ok...just 'in case' atng is a scam, let's get the info on the officers and business.
Gosh, I sure hope this isn't what's going on with atng.
ok...scary very scary...100000 and only 100 stocks are the real deal. obviously ATNG meet most of scamcriteria so we got ATNG = SCAM...no problem.
what do i need to start my own ?"scampany"..i mean how can this guys post all this news, some sec filling and get away with it????
atng has been described as a typical scam company by other board back in 2003....
i saw it on the raging bull website....
chucker..yw. Yes, they have the appearance of a scam according to what I have been reading. But, who knows.
I am searching for their main business address and the officers' addresses.
One more thing, on their site, there was a letter to investors asking them not to call the business. Another bad point. I can't find letter now.
Meli..lol..glad you feel better. There is always hope. I am hanging in there. I, too, would sell my shares, if I knew for sure it was a scam. I'd rather have a few hundred dollars, than zero.
Just researching, asking questions and wondering.
BlueKiwi long distance>
http://www.thedigest.com/more/138/138-051.html
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/02-01-2002/0001660773&...
BlueKiwi life enhancement products>
http://www.bluekiwilife.com/2430E7EC365A446581D623C20F2724D1/default.asp
Car lot>
http://www.theautochannel.com/news/2004/04/27/192017.html
Pathobioteck Diagnostics, exchanging shares and other info>
http://www.biospace.com/news_company.cfm?CompanyID=4306
Nevada and Memphis company (atng seems to have many addresses, more than these two)>
http://www.findarticles.com/p/articles/mi_m0EIN/is_2001_Oct_29/ai_79502153
Houston TX business address>
http://www.otcbb.com/profiles/ATNG.htm
Fenton, MI business address>
http://www.sec.gov/cgi-bin/browse-edgar?company=Atng+Inc&CIK=0001098329&filenum=&State=&...
Merger Texas to Nevada>
http://biz.yahoo.com/e/030925/atng.ob8-k.html
Lots of atng info>
http://www.thelion.com/bin/aio_web.cgi?symbol=ATNG&cmd=search&all=1
SEC filings not on time and so forth. Excuses for delayed filings, business, etc. Excuses. Excuses. Can't find addresses for officers, constant addition of strategic partners (money laundering, covering tracks, reason for outspending money, no profit?) and so forth. I could go on and on. All this and more seems very fishy to me. I hope I am wrong. Just trying to get informed. Trying to find what is 'real'.
Thanks s1ss54 for your last 3 postings. W O W. Looking at the web site and in particular the strategic partners, this appears to be a screaming buy. Then going on and reading about scam stocks and 1 out of many is worth a buy is scary. A lot of the " don'ts" seem like they could apply to ATNG. I am at sea as to what to do. I think I will hang in for a while. I see where they applied for immediate deletion from the Berlin Exchange on 8/9/04. I wonder why we have not had a status report. Did they actually apply for de-listing or just say they did? They also filed a financial report with the SEC so that is in their favor.
Again. Thanks for very good DD.
Chucker
thank u all...i feel little better now..
rule # 3: assumption is the mother of all fu***ups...
Court Order, ATNG, not allowed to sell stock in Illinois.>
http://www.sos.state.il.us/departments/securities/orders/atng_fop.pdf
ATNG investors, please read this post and visit this website. It talks about penny stocks, scams and what to do. It states that out of 100,000 penny stocks, 90,000 are scams.
http://www.allstocks.com/copia/html/the_basics_of_otcbb.html
Hi Meli..not sure this is a scam. Only making guesses at this point from reading other info and atng's lack of info. It is only a possibility. ATNG could very well bounce back. All we can do is wait and see.
The official atng website is>
http://www.atnginfo.com/
not sure if they will be of much help. They haven't upgraded their site, nor released any info, since their stock has plunged down. If, they reply to emails, they revert you back to their site. I read something where they moved from Texas to Nevada. Will have to research.
It scares the crap out of me, too. I have a lot to lose, also. I was really counting on this.
Just looking for answers. I wonder if the SEC would find out?
chucker..Agree with your post about atng, lawyers, class action. I read a report about the scams in penny stock. I'll post the site.
I thought for sure, atng was legitimate, with the sec filings, signed business contracts and so forth. After I bought, was when things became more and more fishy. If, scam is the case, they are good. And, it makes me wonder how many times they do this. And, I don't believe that people who rob others, should go free.
With the buy spike yesterday of .009, I can't figure out how they do that, when the ask nor the bid was ever at that price.
This has burnt me on ever trying penny stocks again, unless I go visit their business in the flesh.
Meli---- Am I sure it is a SCAM. No. No more than a lot of stocks.If I was certain it was a scam I would bail now and get back a little more than half my investment. Rather than do that I am holding on and hoping for some news that will get the PPS to go up. At the same time I am not buying any more shares at this time; not until we get something from ATNG.
Chucker
are you all sure that this is a scam couldn't be something else???.....how sure are u that ATNG wont grow back with time???... you scaring me guys......if this is a scam just gimme an address or phone number and i will make sure that noboby is laughing with my money....
S1SS. Can't help you factually with any of your 2 posts but re the PPs, I believe the ask was 0009. Note one more zero. and the price is shown as 0.001, one less zero.
I am getting VERY concerned that this may be a scam and the Company is making themselves rich in some unknown manner. I do not have the knowledge to say how.With ATNG not coming out with any news, not even re the Berlin trading, I am beginning to smell something.
Yes. We should all stick together. I despise 99 percent of the lawyers out there and, if we brought a class action, we would end up still with about nothing. BUT at least management might not be walking away laughing, I hope.
Chucker
chucker, you are welcome. Please keep us informed, if you find out anything.
The company isn't saying anything. They aren't even changing their companies website info.
If this company goes under, I feel, an investigation should be done. To find out if it was a scam, if Berlin or any other was involved in the short selling.
An eye should be kept on the strategic partners. Shares seem to be changing hands, with renaming of companies. Is this putting shares in the insiders hands, to be traded under a different name? To make the public's shares worthless and they continue to get all the money?
Is the strategic partners actually ghost companies to scam money? Or, a way to say, "We tried, but couldn't make it work", so they can gain money through trading stocks, not business profit?
Maybe ATNG stock holders should stay in touch and ban together, if this stock goes under.
An important question, please. Does anyone know how this is possible?
(It is my understanding that the volume is shares.) How can over 4 million shares be bought, today, at .009, when the ask price is .001?
Is this another short selling tactic? God, that would be devastating.
Also, why the heck is the market makers lowering the sell and buy price? It seems who ever the market maker is, is driving this price down.
I read where in penny stocks, many times the market makers are the companies, themself.
S1SS. Thanks for the e mail address. I sent it out and did not get the screen come up. Maybe this one will get through. I will post anything they send me9 if anything) At least the PPs is up a little today. I have no idea what is going on but am getting concerned--No PRs, no comment re the Berlin Exchange, no nothing.
Chucker
Odd Happenings...have you checked out the inside selling or who is holding stocks. Most was privately sold, unreported. They are tight lipped and not giving out info. I believe their is something fishyier than just Berlin.
Did you ever see a commercial? I made inquiries into when they would be aired and they would not tell me.
Is this an elaborate scam?
Yeah...makes me very angry also. Put a lot of money into this. Where is the protection? Lost with our rights?
Down to .0008...50 million shares traded? It sure isn't buyers.
email atng is> ir@atnginfo.com
I never did have any luck with emails to them. They are tight lipped and only willing to share what is on the website. What they want us to see.
funny!!! that i think is his home number it is in BERLIN US hehehe, i could not find any other way to contact..
Robert C Simpson - (978) 838-2872 - 243 Randall Rd, Berlin, MA 01503
it is ok! i paid $5,000 for a lesson on SEC, naked short selling and alot of other helpfull staff for the future.....
I just typed an email to the address shown in the company profile, i.e. IR@atng.net. After doing so and trying to send it, a screen appeared advising there was no such address. Anyone have a different address and I will then try to re-send my message asking for their opinion as to why the PPS went down 33.33 percent today, if they are buying back stock, and if they have any press releases to issue.
Chucker
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