So you're saying he's not only sneeky but also a liar?

"Brokerage house has been made aware that shares are being bought and are to immediately (after processing) be converted to certificates, then mailed back to TA for cancellation." - JimNH(James Albion)

Share structure hasn't changed since March

a/o June 19, 2013
Authorized Shares.......15,000,000,000
Shares Outstanding.....6,030,705,874
Float...............................5,269,348,854

"The buy-back is expected to be complete by the end of Q2 2013 and will be done so at the Company's discretion. The first phase is expected to encompass 350-500 million shares."

On the bright side, there are still 6 trading days left and, if all else fails, he has 650 million shares he can play with.

Obviously the buyback has not begun yet. Any word on the 650,000,000 shares James acquired recently? Maybe he can just cancel those shares(roughly 10% of O/S) to kick off the reduction. Just a thought

While performing my due diligence, the numbers just don't make sense to me. For example, "Albion’s Racing Limos America presently owns three franchise locations: Racing Limos of NH (eastern NH), Racing Limos of Florida (Lee County), and Racing Limos of Boston. Ownership of these franchises was sold from Albion’s ZMJ to RLA at the start of 2010 for $52,000 (the total amount ZMJ paid for the territories." The Q1 report states "Accounts Payable: ZMJ Enterprises, Inc.: Franchise Purchases 135,000" Why the big difference?

Also "Accounts Payable: ZMJ Enterprises, Inc.: Consulting / Albion 469,725" So RLA owes ZMJ almost $600,000??

If $35k gets u a wrapped limo on the street for a month, what does 1/2 a million dollars get you these days?

From Q1 Report - "As of March 31, 2013, Mr. Albion owns the one preferred share along with 650,625,000 shares of common stock of Atlas Technology Group, Inc. James Albion’s compensation as CEO and Chairman in 2012 was $1.00 and will be $1.00 in 2013. Mr. Albion is otherwise compensated through his management company and ad agency, ZMJ Enterprises, Inc. dba ZMJ Advertising & Marketing. Stock bonuses from the Company are tendered to Mr. Albion personally."

When did Jim acquire the additional 650,000,000 shares and was this compensation or a bonus or what?

Also, has anyone seen any of the creative genius marketing that he is charging himself for? His social media presence is nil and website looks about 5 years old(the cars are definitely older models-Pontiac hasn't produced vehicles since 2010).

Updated Share Structure
a/o March 18, 2013
Authorized Shares......15,000,000,000
Shares Outstanding.....6,030,705,874
Float..........................5,269,348,854

http://www.otcmarkets.com/stock/ATYG/company-info

Company assets depreciated 2 million dollars, Q4 revs about $2k. I dont see how Jim possibly thinks he's making 25 million in revs through Q2 2014. He hasn't maintained franchises or opened any new ones that I am aware of. With the insane A/S already 1/3 outstanding in just a couple months it doesn't look good IMO

Did he buy 625k more or is that the 625k shares he bought over the last 2 years and just recently reported?

http://www.otcmarkets.com/financialReportViewer?symbol=ATYG&id=100194

Updated Share Structure

a/o March 1, 2013
Authorized Shares......15,000,000,000
Shares Outstanding.....5,552,775,375
Float..........................4,791,414,966

a/o Feb 05, 2013
Authorized Shares......15,000,000,000
Shares Outstanding.....4,136,775,375
Float..........................3,375,414,966

http://www.otcmarkets.com/stock/ATYG/company-info

One of the Mods might consider updating the iBox

I would like to know who is on the Board of Directors if someone could find that info would be much appreciated Thanx

The O/S is 4,136,775,375 a/o Feb 5, 2013 for those asking

http://www.otcmarkets.com/stock/ATYG/company-info

Jim is buying himself some nice Xmas gifts with your money lol. Why would he have considered an R/S back in March? They had an LOI, the share structure was great and PPS wasnt so bad. I guess he planned to crank up the A/S all along and dilute the $hit out of this before playing games with people's investments. This PR just confirms what a douchebag he is. Good luck gang. I truly hope you get your money back and get as far away from ATYG as possible. I'm out. Now bring on those POS PUMPERS!!!

There are a number of things that I find very questionable about this CEO and this whole Miami Franchise fiasco. First, he "accidentally" gave insider info to a moderator and a big supporter of ATYG back in March. OK, perhaps this was a slip but due to this CEO's extremely unscrupulous behavior of late I'm wondering if it was not intentional to increase the interest of this incredibly worthless stock. In the Q2 report it states that "Gross Revenues increased approximately 900% from $4,405 in Q1 2011 to $39,271 in Q1 2012. Net loss decreased significantly from ($149,451) to ($20,117). This is primarily attributable to an increase in the company’s franchise business with the addition of the Miami franchise and increased advertising revenue." How is this not FRAUDULENT statements. At the time, there was no new Miami franchise. He didn't indicate the Sept 30th deadline which later became Oct 3oth until later in the summer. Now where is the Q3 report? I think the SEC should certainly investigate this POS CEO but of course they won't and he as well as all other crooks will get away with this type of deception. It's clearly fraud. I don't care about any disclaimers when this guy publicly announces no raise of A/S, publicly expresses revenue from a non existent franchise and constantly attempted to manipulate the share price it is clearly fraud and should be investigated and dealt with...IMO

Wow! I see not much has changed here...still plenty of dilution and dillusion(OH NO! Please don't throw me in jail for pointing out the Obvious!). Atleast with the latest PR we are GUARANTEED to see at the bare minumum $250,000 on the books right? I mean the CEO isn't just taking shares at rock bottom prices because they don't have cash is he? That would be insane! Just like his $120,000 salary when the company can't afford it. I hope the CEO and himself..oops I mean the Company can come to an agreement as to how many shares they are going to butcher the S/S with.

IMHO

My guess would be Miami fell thru long ago. Why else would Jimbo need funding? Miami would have brought in a HUGE sum of money if their business plan is still in effect so I would say "Fail" EPIC Fail. Anyone else who would like to say otherwise feel free to post a link or provide some actual evidence that this co is still building anything other than empty promises...IMHO

Where's that news the CEO confirmed??

I happen to agree with you regarding sources. If someone is posting they know news is coming it reminds me of the "accidental" leak that WSD received back in March.

"An email accidently got leaked to me stating the company is deciding on releasing an official press release either tomorrow Friday March 30th or after Financials which will take the press release to Monday for the announcement of the new franchise in Miami"

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73842273

It was kind of WSD to even post the info and sure enough a few days later the company announced the LOI for Miami.

Talk about inside information. Damn lol

My guess is the .004 is a typo. I've seen worse on filings. If it is true then at least the company can't sell under .004 so that is good news. I highly doubt the Levin Consulting Group would purchase less than 10% for more than the entire market cap.

Thanx I try lol

Does this mean there is a 10-1 reverse split coming? Thats usually when par value changes

I would much rather see a filing than pr but this company does not usually file 8Ks. I do wish they would for transparency. Really would have helped with the Miami fiasco

I will agree that this CEO can use all the help he can get and hopefully takes any professional advice seriously. I won't get too excited until I see a PR, 8k, or Q3 report explaining what has transpired here if anything has actually transpired.

So he never cancelled his shares? Very interesting..

"Westor is working with the Company in refinance its existing debt, and provide working capital. Additionally, the CEO and his family shares have returned their common shares to Treasury for cancellation. The Company is also increasing its authorized shares, which is being processed by the State of Delaware this week, from 850 million to 2 billion shares."

Where do you see 490+ Million held by insiders...I see 74 million held by a consulting group

When did they change the Par Value to .004??? Par value still says .0004 on OTCMarkets

I would think and this is pure SPECULATION that the CEO updated the S/S on OTCMarkets because of a flood of emails and calls. They did this a few months ago and even posted here on IHub that they would not update shareholders directly because of so many
inquiries but did update OTCMarkets with the current S/S at the time. I would share the post but Tyler Libby's account seems to be gone and the CEO possibly deleted a few posts.

One reason the SP dropped was the fact that the share stucture did change when the CEO and president both said they were not diluting. They attributed the change to past restricted shares coming off restriction. Again I would share but posts are gone. I at the time asked the president several times about restricted shares with no reply.

The increase from August to Sept of roughly 90 million shares in the float could be more restricted shares coming off restriction but the 90 million in O/S appears to me to be dilution. IMO



"I cannot spend all my time responding to the wheel barrel of emails I get constantly from shareholders."-JimNH(James Albion CEO)

I think this company has a strong foundation. I do however believe and this IS MY OPINION that the CEO made a bad choice in telling stockholders he wouldnt raise A/S and then almost tripled it. I don't see why board members have to make $hit up to pump this company. It will get there when it gets there...

LOL no I debate the so called facts on a message board

Thank YOU wkendcowboy. I was simply trying to get "THE FACTS" as posters continually mention Canada and "Emailing the CEO"

No facts Are you serious???

I contacted the T/A-they're gagged

I posted updated numbers and had mod change Ibox

I called out cjstocksup on Bs

I DON'T speculate that there is a new franchise in Canada and post BS to pump the stock

FACT: this thing doesn't follow charts because pumpers frontload and pump the crap out of it while they are dumping

IMO

Oh right God forbid someone tries to preserve the facts...I hear ATYG owns a gold mine in Mexico and pumps oil in North Dakota..Now EVERYBODY buy! lol

I doubt they will r/s. They now have atleast another billion shares to dump first IMO

Im not surprised in the least. So where is the new location? I have been following this stock for 6 months now. I didnt just jump on the cj bandwagon

I have done my own DD and know there is no franchise in Canada. Unless the CEO is only telling a select few and not releasing publicly

"Canada?
Post 9-11 regulations and process is dramatically more complex. It's a lot of work and there are only a few of us. Doing the paperwork to open franchises in Canada does NOT mean there will suddenly be franchises open in Canada. It means we've had enough interest and inquiries to lay the groundwork to have the ability to market and open franchises in Canada."

IMO

OK here is the last PR:


(OTC:ATYG), is reporting a 10th consecutive quarter of revenue increases for its franchisees.

Dover, NH (PRWEB) September 04, 2012

9:30am EDT August 29, 2012


Racing Limos America, Inc., a subsidiary of Atlas Technology Group (OTC:ATYG), is reporting a 10th consecutive quarter of revenue increases for its franchisees.


With all franchisees reporting, Racing Limos America is announcing an overall gain for its franchisees of just over 27.5% for the second quarter, and an increase in revenues of 9.4% over the same quarter last year. This is the 10th consecutive quarter franchisees have reported gross revenues growth.


About Racing Limos America, Inc.

Where does it mention Canada again?

I have to email CEO to get unpublished info on a franchise??

Where is the new franchise in Canada? I haven't heard anything about it

cjstockup You're kidding right?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79508223

"CEO confirmed they are not selling any ATYG shares!!! NO DILUTION and the OS is unchanged. He also confirmed the Miami launch is right on schedule this month and then Canada will follow so get ready as we head into alot of PR's ahead. Anyone can calland confirm these 2 things as another shareholder who has been here for many months does a couple times a month and I and others did to make sure everything is ready to go."

Can you point out where you posted these numbers and your "concern"?

Oh wait I pointed this out last Friday...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79579493

And retireat40 and I both contacted the T/A and mentioned they were gagged as they were back in June when I tried to get updated S/S. Nice try...IMO

You can yell all you want the CEO owned over 400 million shares and REDUCED the O/S back in July by returning his shares for cancellation. After this O/S was around 500 million, in august went up to 650 million, and now is back at 760 million. What do you think it will be next month??

"Westor is working with the Company in refinance its existing debt, and provide working capital. Additionally, the CEO and his family shares have returned their common shares to Treasury for cancellation. The Company is also increasing its authorized shares, which is being processed by the State of Delaware this week, from 850 million to 2 billion shares."

The contact info needs to be changed to:
Contact Info
38 Fieldstone Dr.
Dover, NH 03820

Website: http://www.racinglimosamerica.com
Phone: 603-285-0015
Email: Investwithus@racinglimosamerica.com

and the shares owned by management should be removed since Libby is no longer management and CEO traded in shares for financing when he raised the A/S.IMO

Thanks for taking the time to update.

View my last 3 posts. Alot of the so called "DD" on this board is just "Delusional Dumbassery" IMO