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SAXON CAPITAL GROUP JUST BOUGHT ATYG
the latest $ATYG 10-q states:
OVERVIEW
Saxon Capital Group, Inc., formerly Atlas Technology Group, Inc., a Delaware corporation, (“the Company”, “We", "Us" or “Our’) is a SEC reporting shell company. Shares of our common stock can only be traded in the expert market as of the date of this report. We believe this is due to there being no broker dealers willing to quote our stock. We intend to seek approval for our shares of common stock to be traded on the Pink Sheets again. Once relisted on the Pink Sheets, we will then seek to merge with an entity with experienced management and opportunities for growth in return for shares of our common stock to create values for our shareholders. There is no guarantee that we will be successful in becoming relisted on the Pink Sheets and no potential merger candidate has been identified at this time.
Saxon Capital Group Inc. (“the Company,” “We," "Us," or “Our’) was incorporated under the laws of State of Delaware as on July 12, 2022.
Atlas Technology Group, Inc., a Florida corporation, merged into Saxon Capital Group, Inc effective from August 30, 2022. Now the surviving entity is Saxon Capital Group, Inc.
PLAN OF OPERATION
Our plan of operation is to obtain debt or equity finance to meet our ongoing operating expenses and attempt to relist our shares of common stock on the Pink Sheets and then merge with another entity with experienced management and opportunities for growth in return for shares of our common stock to create value for our shareholders. There can be no assurance that any of the events can be successfully completed, that our shares of common stock will be relisted on the Pink Sheets, any such business will be identified or that any stockholder will realize any return on their shares after such a transaction has been completed. In particular, there is no assurance that any such business will be located or that any stockholder will realize any return on their shares after such a transaction. Any merger or acquisition completed by us can be expected to have a significant dilutive effect on the percentage of shares held by our current stockholders
As of September 30, 2022, we had no cash on hand and committed resources of debt or equity to fund these losses. We will be reliant, potentially, on advances from our principal shareholders or our directors and officers. There can be no guarantee that we will be able to obtain sufficient funding these sources.
Our principal shareholder has indicated his intention to provide such funds as may be required for the Company to become, and remain, a fully reporting public company while seeking to create value for shareholders by merging with another entity with experienced management and opportunities for growth in return for shares of its common stock. Such intentions do not represent a binding commitment by the principal shareholder and there is no guarantee that our two principal shareholders will be able to provide the funding necessary to achieve this objective.
We currently believe that our principal shareholder will be able to provide us with the funding necessary to effect our business plan to merge with another entity. However, while our principal shareholder has indicated his intention to provide us with sufficient funding to achieve this objective, there is no guarantee that he will be able to provide funding necessary to enable us to merge with another entity.
If we are unable to obtain the necessary funding from our principal shareholder, we anticipate facing major challenges in raising the necessary funding to effect our business plan to merge with another entity. Raising debt or equity funding for small publicly quoted, penny stock, shell companies is always extremely challenging.
We may face a number of obstacles in our attempt to raise funding to achieve our objective of merging with a yet to be identified company or group. One of those is Rule 419, under the Securities Act of 1933.
Rule 419 defines a "blank check company" as a company that: i. Is a development stage company that has no specific business plan or purpose or has indicated that its business plan is to engage in a merger or acquisition with an unidentified company or companies, or other entity or person; and ii. Is issuing "penny stock," as defined in Rule 3a51-1 under the Securities Exchange Act of 1934.
We are a “blank check company” and therefore, in order to raise public or private funds, we must comply with the requirements of Rule 419 which includes restrictive escrow and other provisions. These provisions will make it difficult, if not impossible, for us to raise funds for the company.
Therefore, because of these difficulties in raising funding in penny stock or shell companies, if our principal shareholder is unable to provide us with the funding required to merge with another entity, it is very likely that we will be unable to implement our business plan to merge with another entity to create value for all of our shareholders”.
We believe we are an insignificant participant among the firms which engage in the acquisition of business opportunities. There are many established venture capital and financial concerns that have significantly greater financial and personnel resources and technical expertise than we have. In view of our limited financial resources and limited management availability, we will continue to be at a significant competitive disadvantage compared to our competitors.
We intend to seek, investigate and, if such investigation warrants, acquire an interest in business opportunities presented to us by persons or firms which desire to seek the advantages of an issuer who has complied with the Securities Act of 1934 (the “1934 Act”). We will not restrict our search to any specific business, industry or geographical location, and we may participate in business ventures of virtually any nature. This discussion of our proposed business is purposefully general and is not meant to be restrictive of our virtually unlimited discretion to search for and enter into potential business opportunities. We anticipate that we may be able to participate in only one potential business venture because of our lack of financial resources.
We may seek a business opportunity with entities which have recently commenced operations, or that desire to utilize the public marketplace in order to raise additional capital in order to expand into new products or markets, to develop a new product or service, or for other corporate purposes. We may acquire assets and establish wholly owned subsidiaries in various businesses or acquire existing businesses as subsidiaries. recognized no revenue during the nine months period ended September 30, 2022 or 2021 as we had no revenue generating activities during this period.
2 options sell for capital loss...or buy the dips...is ATYG dead now???
Yep its the same POS it was before this latest phony pump.
Last time I looked ATYG was still at $.0002.
It appears volume has currently dried up.
How $ATYG brings in a nice Holiday present....
Let’s go $ATYG
We shall see come January into February
Beer money flippers… maybe not even a bag of chips.
Stocks go up, stocks go down.
You could lose some or all of your money.
You could make money too.
Fact is Atyg has been a notorious turd costing traders dearly.
I wouldnt buy this POS with found money.
Lololol.
Looks like we got a runner
Here, is the start of the trend
To the upside ?
We will have to wait and see
I’ll continue to add as the days go
I know what will transpire here...
Kabooooom!!!
Let’s go $ATYG
#ELGORDODAMUS
I don't think my account is going up or down on make believe prices, lol.
Lets just say that contains an inherent financial conflict of interest rendering it valueless.
16.3 million Buys on ATYG
could only mean we are close to
Sonic Boooomm to the upside
16.3 million Buys on $ATYG
could only mean we are close to
Sonic Boooomm to the upside
Let just say I’m very optimistic about what’s about to transpire here...
Let’s go $ATYG
#ELGORDODAMUS
...And pos atyg and pos hesg are both dreamboat annie stocks too!
Roflmfao
Everyone knows you put a sell at the Ask
At .0010 for example
Your order fills at .0009
Is not important
All that matters here is what
A GREAT DAY FOR $ATYG!!!!
Let’s go
#ELGORDODAMUS
What? So now only buy orders count in trading?? Nope, no one knows anything like that. RME
How is total volume displayed if ignoring sell orders?? SMH
An executed trade on the tape is called a print, and contains three important pieces of information:
1) Time of trade execution
2) Price that trade was executed at
3) Amount of shares traded
The bid and ask prices are vital to analyzing time and sales data. WAM
Sell orders don’t count as Printed
Everyone knows that.
Great day here on this board...
Sell orders don’t count as Printed
Everyone knows that.
Great day here on this board...
Let’s go $ATYG
#ELGORDODAMUS
LMAO the stock opened today at .0002. Might be wise to understand how a chart works
Atyg remains a POS.
Yes especially since .0002's are readily available. LMAO
Well. No, that’s Wrong - $.0002s have printed. Only need to view LII to verify.
Lmao .0002’s have not printed Since May
Lmao .0002’s have not printed
Since May and we all know what happened
Since we had a great move to the upside that many traders like me monopolized on
Let’s go $ATYG
#ELGORDODAMUS
Yes especially since .0002's are readily available. LMAO
Glad I got those .0003’s for the last couple weeks../quote]
Glad I got those .0003’s for the last couple weeks...
(LONGS WILL BE COMPENSATED)
$ATYG
#ELGORDODAMUS
From 2 billion volume and 300-400% up to losing all gains and having zero volume... Remember who pumped it up.
Guessing is ill advised when it comes to notorious OTC turds.
Patience is always the Key here!!!
Let’s go $ATYG
I guess .0003’s are there for the bottom feeders I’ll take it.
Let’s go $ATYG
Few more Weeks to go......
#ELGORDODAMUS
I’ll continue to buy Thankyou very much!!
Let’s go $ATYG
#ELGORDODAMUS
No trader should be "surprised" by what this POS does.
Lmao.
yeah, I think folks will be surprised how thin this trades if / when it gets volume
Selling is starting to dry up here
Let’s go $ATYG any day now begins the
Next move to the upside
Those that know ! Know!
We got this $ATYG
#ELGORDODAMUS
As is typical of this pig.
ATYG Sell Volume is currently 18 times more than buy volume.
ATYG Sell Volume is currently 18 times more than buy volume.
Lofty, pie in the sky with sooooon filing and sooooon news.
C'mon man!
LMFAO.
$ATYG
“THE BIG MERGER”
On The Horizon with new filling
And News SOON!!!
Let’s go $ATYG
#ELGORDODAMUS
Definitely a turd to laugh at.
Bwahahahahahahaha indeed.
Bawhahahahahahahahaha!
Let’s go $ATYG
#ELGORDODAMUS
Atyg = Turdsville.
Thank you for the cheapies
At .0003
Let’s go $ATYG
Looks like a pie in the sky nonsense claim.
Looks like Savvy Traders are buying
In this Range
Let’s go $ATYG
#ELGORDODAMUS
"Will be chasing" .......lmfao
Uh huh.
Yep shareholders are just stuck holding worthless bags of this shit now.
All I know is .00035 printed today
I believe this is the range
Where this ticket starts to
Churn and accumulation
Begins keep your eyes on that price
During trading hours on Level 2
GLTA
LETS GO $ATYG
“THE MERGER” for The HISTORY BOOKS
IN THE #OTC
#ELGORDODAMUS
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Moderators VeronicaFox |
Reporting Status | Dark: Alternative Reporting Standard Deregistered a/o Nov 12, 2010 |
Audited Financials | Audited |
Latest Report | Mar 31, 2013 Quarterly Report |
CIK | 0001093636 |
Fiscal Year End | 12/31 |
OTC Marketplace | Pink No Information |
SIC - Industry Classification | 7312 - Outdoor advertising services |
Incorporated In: | DE, USA |
Year of Inc. | 1997 |
Employees | 50 a/o Mar 27, 2016 |
Christopher Broughton | CEO |
Gary D. Lopez | President |
Michael Zoyes | Consultant |
Not Available |
Acadia Group Inc. |
10757 S. Riverfront Pkwy. |
Suite 125 |
South Jordan, UT, 84095 |
United States |
Market Value1 | $52,807 | a/o Feb 24, 2017 | |
Authorized Shares | 15,000,000,000 | a/o Aug 02, 2013 | |
Outstanding Shares | 5,280,705,874 | a/o Aug 02, 2013 | |
-Restricted | Not Available | ||
-Unrestricted | Not Available | ||
Held at DTC | Not Available | ||
Float | 4,519,348,854 | a/o Aug 02, 2013 | |
Par Value | 0.0001 |
Signature Stock Transfer, Inc. |
115 | a/o Aug 02, 2013 |
Atlas Technology Group, Inc.
PO Box 147165
Lakewood, CO 80214
QUESTION: Why did David Cutler leave up the Racing Limos sign on the ATYG
OTCMarkets profile? That’s misleading.
QUESTION: Why is Courtney Morris still listed as CEO, SECRETARY, AND
DIRECTOR ON the FLORIDA SOS? This was supposedly changed, yet the
SOS doesn't reflect the changes. Why not? It appears Cutler and his nominee,
Redgie Green, dropped the ball a/o 09/05/21
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=MOXIEMOTIONPICTURES%20P150000656311&aggregateId=domp-p15000065631-854a8494-9bab-4756-b85e-7779f681c576&searchTerm=Moxie%20motion%20pictures&listNameOrder=MOXIEMOTIONPICTURES%20P150000656311
NOT CLEAN DAVID CUTLER - Cutler was barred by the PCAOB from being an
associated person of a registered public accounting firm.
This bar was lifted by the PCAOB effective January 15, 2020.
I won’t be sweeping Cutler’s NOT CLEAN background under the rug.
Respondents:
1) failed to exercise due professional care,
2) including professional skepticism, and
3) failed to obtain sufficient appropriate audit evidence to support the
opinion expressed in the auditor's report.
4) failed to obtain sufficient appropriate evidence to address identified
fraud risks related to Sungame's revenue and unearned revenue.
5) failed to adequately document critical aspects of the audit
6) Cutler failed to adequately supervise the audit.
See the PCAOB letter below, along with a link to factual information:
ETC.
BE CAREFUL OF PUMP-N-DUMPS
DON’T BE FOOLED BY FAKE CLAIMS
READ MORE HERE:
https://pcaobus.org/Enforcement/Decisions/Documents/105-2017-003-Cutler.pdf
Atlas has been a holding company. In 2014 its asset, Racing Limos America,
Inc. was removed from the Company. In January of 2014 ATYG acquired Green
LED Technology Inc. (GLT) GLT is an Energy Efficient Lighting Distributor. It
imports products from China that have been private labeled under the trade
name ECOGREENBULB & REPCO Brands. In October of 2015, The Company
Acquired Moxie Motion Pictures Inc. Michael Zoyes tried to change its name
to Moxie Motion Pictures Inc. These Corporate Actions were NEVER accepted
by FINRA, hence NO Name change.
** MICHAEL ZOYES was listed as an a “consultant” for ATYG
EDGAR: https://www.sec.gov/edgar/browse/?CIK=1093636&owner=exclude
OTCMarkets: https://www.otcmarkets.com/stock/ATYG/overview
Company History
IRREGARDLESS IF IT'S CONSIDERED "WONDERFUL"
OR NOT, THIS SECTION OF THE IBOX IS FACTUAL, NOT
FOR PROMOTION, NOT A PUMP & DUMP
~~~~~~~~~~~~~~~~~~~~~~~~~~~
***Werbe's Wonderful section of IBOX***
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