Astrata Group Inc (fka ATTGQ)

[xyz1002]

I agree. Please make a quick call before buying the stock. From the BK papers it's apparent the restructured company is private.

[xyz1002]

and what did they say?

[richsean]

I would call and speak to them. Just spoke with the Watley Group which handled their ch 11 restructuring.

[xyz1002]

Thanks and I have seen that. The question is what is the final outcome. How was the BK resolved. From the final doc. it seems like Fame took over the company. No where I found that common share holders were given anything.

Where do you see that common will get something of the restructured company. if Fame gets it doesn't mean we get anything.

If Ican find evidence of common getting something, you bet I will get the barge to load

Did the same for VSTNQ. Not touching WAMUQ though.

Thx.

[sloan14]

Better get a barge!!! Fame borrowed them the money to pay off their debts. In return according to the filing with the sec rule 13 13d-2. In return for the funding $13m up to $16m Fame becomes sole beneficiary of all astrata's stock.

ITEM 4. Purpose of Transaction.

On July 29, 2009, the Reporting Persons sent a letter to the Issuer's Board of Directors (the "Board") expressing concern with the actions taken by the Issuer and its management during the last three months (the "Letter"). The Reporting Persons believe that these actions reflect mismanagement and the failure of the Issuer's Board to exercise its fiduciary duties in good faith on behalf of the Issuer's stockholders. The Reporting Persons indicated their intent to reverse the Issuer's recent actions and take certain actions to revive the Issuer. The complete text of the Letter is attached hereto as Exhibit 2 and is incorporated herein by reference.

All of the shares of Common Stock reported herein as being beneficially owned by the Reporting Persons were acquired for investment purposes. Except as set forth herein, none of the Reporting Persons or, to the knowledge of the Reporting Persons, the Directors and Officers, has any plans or proposals that relate to or would result in any of the transactions described in subparagraphs
(a) through (j) of Item 4 of Schedule 13D.

The Reporting Persons reserve the right to acquire, or cause to be acquired, additional securities of the Issuer, to dispose of, or cause to be disposed, such securities at any time or to formulate other purposes, plans or proposals regarding the Issuer or any of its securities, to the extent deemed advisable in light of general investment and trading policies of the Reporting Persons, market conditions or other factors.

ITEM 5. Interest in Securities of the Issuer.

(a) The Funds collectively own (i) 2,574,058 shares of Common Stock, (ii) have the ability to acquire an additional 55,704,760 shares of Common Stock through the exercise or conversion of derivative securities and
(iii) thus beneficially own 58,278,818 shares of Common Stock, representing 67.1% of all of the Issuer's outstanding Common Stock. Mr. Benowitz and the Investment Manager (and the China Fund GP and the China Fund Ltd., with respect to the shares of Common Stock owned by the China Fund; and the General Partner, with respect to the shares of Common Stock owned by VCAF) may each be deemed to beneficially own the shares of Common Stock beneficially owned by the Funds. Each disclaims beneficial ownership of such shares. The foregoing is based on 31,113,819 shares of Common Stock outstanding as of January 8, 2009, as reported on the Issuer's Form 10-Q filed on January 14, 2009.

(b) The Reporting Persons have shared power (with each other and not with any other third party), to vote or direct the vote of and to dispose or direct the disposition of the 58,278,818 shares of Common Stock reported herein.

The undersigned, Vision Opportunity China Fund Limited, Vision Capital Advantage Fund, L.P. and Vision Opportunity Master Fund, Ltd. (collectively, "Vision") and Jed Frost are major investors in Astrata Group Incorporated (the "Company" or "Astrata") and are majority stockholders of the Company. Vision has been an investor in the Company since 2006 and is the beneficial holder of Series A2 Convertible Preferred Stock, Series B Convertible Preferred Stock, Series C Convertible Preferred Stock and common stock. In total, Vision has invested over $12,500,000 in the Company. On an "as converted" basis and taken together with Vision current common stock ownership, Vision is the beneficial owner of 58,278,818 shares of the Company's common stock which represents over sixty percent (60%) of the Company's outstanding shares of common stock. Jed Frost has made loans to the Company with an aggregate principal and interest in the amount of $3,655,373.88 which converts into shares of the Company's common stock, in addition to which he directly holds a significant number of shares of the Company's common stock.

2. The pledge of 100% of the shares of Astrata (Asia Pacific) Pte Ltd. to secure the Fame facility required shareholder approval since it amounted to a sale of substantially all of Astrata's assets. In addition, the credit facility, coupled with the Restructuring Plan, reflect a series of interested party transactions that failed to have the approval of the Company's stockholders. Moreover, we believe that the Fame facility was part of a series of transactions that constituted a fraudulent conveyance under both the federal Bankruptcy Code and applicable state laws. We also believe that the transactions violated applicable Singapore law.

I'm in

[xyz1002]

With a screen name like that, I certainly would respond...just kidding

So far what I have found is this company was taken private and is owned by Fame group. I am unable to find anything beyond that. The court doc. says it clearly.

The Q is why is it trading now?

[Just A Hottie]

If you find out the answer to that feel free to post it

Grabbed some today just cause saw it flying, but I have no idea!

If the common survives I want to buy 2 boatloads..LOL But I want to make sure so doing DD.

[TheFinalCD]

did you get back in?

[xyz1002]

They came out of BK, that is true. I read the court doc. over and over again and from what I understand is the company was handed over (96.5%) to their secured debtor Fame group. Not sure who is getting the rest. It also says that the restructured company will be private. If that is true that means they will cancel all the shares.

I am still looking for any other court papers of a later date. If anyone finds anything please post it here. I'll much apprecaite it.

If the common survives I want to buy 2 boatloads..LOL But I want to make sure so doing DD.

Thank you.

[mkinhaw]

Someone should call

Astrata Group, Incorporated
1801 Century Park East, Suite 1830
Los Angeles, CA 90067

T: [phone]
F: [phone]

to see if shares are intact
MK

[BULLISH_TRADER]

http://www.astratagroup.com/index.php

[BULLISH_TRADER]

This is HUGE budd!!!

[xyz1002]

Thank you! Fame was their biggest secured lender. From my reading of the BK papers, it says Fame got 96.5% of the company and it will run as a private company.

If that is correct Fame will own most of the new restructured company. What about the common share holders? It doesn't say anything about that.

Please correct me if I am wrong and what and where am I missing?

I am just doing the DD. Will dig more at night.

[shakerzzz]

HUGEEEEEEEEEE

[BULLISH_TRADER]

Astrata Group Successfully Exits Chapter 11 Reorganization

Singapore, 09th February 2010: Astrata Group Inc. (“Astrata” or the “Company”) today confirmed that it had formally emerged from its recent Chapter 11 reorganization on the 30th of December 2009. The Company’s new shareholder is Fame Trading, Ltd. (“Fame Trading” or “Fame”), which forms part of a well diversified, highly experienced investment group with global operations.

Astrata’s growth and operations continued unabated during the reorganization process, Company officials noted, with the process serving to further strengthen the Company’s financial and resource base.

Tony Harrison, Astrata CEO commented: “Firstly, I want to thank Astrata’s management and its employees, for their loyalty and support during this period. I also want to congratulate and thank Astrata’s new shareholder, FAME Trading. FAME never wavered in its support of Astrata during this reorganization process. Astrata could not ask for a more supportive investor and partner. Their financial strength, global presence and proven experience will further enhance Astrata’s leading position in the marketplace.”

“I would also like to thank our many customers around the world for their continuing support, trust and commitment to Astrata.

“Astrata remains focused on growing the business and working closely with our customers and business partners developing innovative location based solutions that bring security, efficiencies and ROI for organizations throughout the globe.

“We already have a number of exciting plans and new product developments for this year and look forward to launching these at a series of trade shows and events planned for the first few months of 2010,” Harrison concluded.


Details of these events can be found on the Astrata website (www.astratagroup.com).

[BULLISH_TRADER]

Its on their website, ATTGQ 10X bagger from here!!!

http://www.astratagroup.com/index.php?action=news&type=current

[xyz1002]

where do you find that? I am doing DD but unable to find that info. Want to buy some before close if I can find some good info. Otherwise have to wait until tomorrow AM, hoping that I can do the DD tonight.

[BULLISH_TRADER]

ATTGQ .025!!! SHAREHOLDER back restructuring!!! HUGE!!!

[Epiphenomenon]

so why the sudden jump today if they exited in February?

[sloan14]

They need to update pinks sheets and this thing could explode with such a low float.

[xyz1002]

where do you find shares are secured? do you have a link? Thx.

[Estrella]

ATTGQ @ .035!!!

[bayarea]

we have liftoff 2000%

[bayarea]

bids are stacking here

[bayarea]

yes indeedy

volume still low, hardly anyone

knows about it yet imo

and very low float

[Aragorn1]

Going to explode.

[bayarea]

excellent!

[Aragorn1]

check this expo out , They are going to be there.

http://www.counterterrorexpo.com/page.cfm/Action=Exhib/ExhibID=237/loadSearch=88717_2565

[bayarea]

used to be a buck a share

[BULLISH_TRADER]

ATTGQ .01 X .015!!!SOLID COMPANY!!!

Floating Shares: 17,894,000 Shares.

[bayarea]

this looks really good!!

[BULLISH_TRADER]

ATTGQ!!!

http://www.astratagroup.com/index.php?action=products&method=applications

[Aragorn1]

See these numbers?? Outstanding Shares: 31,114,000 Shares.

Floating Shares: 17,894,000 Shares.

Insiders Ownership: 17.82%.

Institution Ownership: 67.1%.

[Aragorn1]

ATTGQ will explode. This thing is HUGE. SHareholder financed the restructurung. MY OH MY

[BULLISH_TRADER]

The Astrata Group designs and develops advanced location-based IT services and solutions (telematics) that combine GPS positioning, wireless communications (satellite or terrestrial) and geographical information technology.

These solutions enable businesses and governments to monitor, trace and control the movement and status of machinery, vehicles, personnel or other assets.

Astrata has designed, developed, manufactured and currently supports ten generations of telematics systems with thousands of units deployed worldwide.


Business Strategy

As new positioning and wireless technologies have been introduced in recent years, Astrata has grown by incorporating them into its product line to meet the expanding market for wireless and location-based technologies. Today, the Company is leveraging its eighth-generation platform (the Astrata-GLP) and has the unique ability to provide the lowest-cost protocols and customized applications "to meet the needs of major companies, regardless of their business sectors or multiple geographic locations”.

[BULLISH_TRADER]

Restructuring plans!!! shareholder is financing so shares are secured!!! HUGE!!!

http://astratarestructuring.com/

[Estrella]

ATTGQ @ .025!

[bayarea]

best trade of the week 882%

[BULLISH_TRADER]

http://www.astratagroup.com/index.php?action=news&newsID=19

[Estrella]

ATTGQ @ .0167!

[BULLISH_TRADER]

Astrata Group Successfully Exits Chapter 11 Reorganization

Singapore, 09th February 2010: Astrata Group Inc. (“Astrata” or the “Company”) today confirmed that it had formally emerged from its recent Chapter 11 reorganization on the 30th of December 2009. The Company’s new shareholder is Fame Trading, Ltd. (“Fame Trading” or “Fame”), which forms part of a well diversified, highly experienced investment group with global operations.

Astrata’s growth and operations continued unabated during the reorganization process, Company officials noted, with the process serving to further strengthen the Company’s financial and resource base.

Tony Harrison, Astrata CEO commented: “Firstly, I want to thank Astrata’s management and its employees, for their loyalty and support during this period. I also want to congratulate and thank Astrata’s new shareholder, FAME Trading. FAME never wavered in its support of Astrata during this reorganization process. Astrata could not ask for a more supportive investor and partner. Their financial strength, global presence and proven experience will further enhance Astrata’s leading position in the marketplace.”

“I would also like to thank our many customers around the world for their continuing support, trust and commitment to Astrata.

“Astrata remains focused on growing the business and working closely with our customers and business partners developing innovative location based solutions that bring security, efficiencies and ROI for organizations throughout the globe.

“We already have a number of exciting plans and new product developments for this year and look forward to launching these at a series of trade shows and events planned for the first few months of 2010,” Harrison concluded.

Details of these events can be found on the Astrata website (www.astratagroup.com).

[bayarea]

shoulda held those shares, up 311% at the moment

[Value_Investor]

The company is already exited from the CH11 on 02/09/2010. Will the
common shares be canceled like FPWBQ (exit from the CH11 last month) did today? Why the company did not say anything or release the news?
Anyway I will sell out all my shares ASAP and use the proceed to buy
CBBO and WLKF at the current steal prices to make easy 1000% return.

[Value_Investor]

Thanks for your good research and works! What caused today's decline
from last Friday's high 0.007 to 0.002? That is near 72% price cut! I think ATTGQ is now extremely undervalued and oversold based on its
17M floating shares and 31M shares OS. The huge gap between .007 and
.05 (previous bottom before the CH11) may be filled sooner or later.
WLKF and CBBO also in the extremely undervalued and oversold status!

[jelly]

starting to research it. don't know how far i'll get today. take a look hear for LOTS of reading if your interested

http://astratarestructuring.com/contentspage.html

[Value_Investor]

Do you know will the company cancels all the common shares? If it is
"yes" then when? There is neither any news nor filing since the CH11
in Aug 2009. Why the insiders did not sell the huge amount of shares
yet? Also the stock ever hit the 52-week low .0006 a few months ago.

[jelly]

crazy! up 400 % on a million shares? this ever gets news and it will 20 bag in minutes.

[Value_Investor]

New 52-week low .005 was created today! It seems extremely oversold
& undervalued now! Because the market value is only $155,570 based
on the 31.114M shares OS. In which only about 17M floating shares.
The huge gap between 0.005 and 0.05 (pre-CH11 low) must be filled.

[Value_Investor]

New 52-week low 0.0051 was created today! Sell at bid ASAP before the huge seller (who owns 58M ~ 59M shares) starts to dump shares.

[Value_Investor]

New 52-week low 0.007 was created today! Sell at the bid ASAP while
the huge seller (who owns 58M ~ 59M shares) is not started yet...