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Yeah, no kidding!
Question:
With all the speculation around, why are we at .05? Merely a whisper of facebook should send this stock soaring, and those involved with the IPO of Facebook would likely have heard these plans, which would have filtered to the Street, creating buy pressure.
Personally, I think it's all wishful thinking...
If Baker is pissed off, that can't be good for anybody.
If this is leading to a buyout, I personally think the valuation of .25-.35 is totally ridiculous. It should be much higher than that, and the stock should begin reacting as such very quickly...
I can't imagine that they are going to drop a "Hey, congrats, we bought you out for $1.00 / share" as we sit here at .05s. I'm hoping we aren't about to be bent over on this transaction.
Sure sounds like Baker was bent over...
Agreed. They just can't leave it the 15th of the month? wtf...
Maybe they will deregister their shares, file form 15s and take the company private? This meaning, they don't have to communicate with shareholders, yet, still a public company. May save the company a large sum of professional service fees...
Just a thought, not saying it's gonna happen, but hell, anything is possible with this p.o.s.
exactly...
Oh yeah? I guess the fact that im a commercial insurance agent selling this shit regularly, has no bearing? You know nothing about this subject...clearly.
D&O is separate from an umbrella policy. Directors have to buy individual limits to protect them, and the entity in any "wrongful act", but fraud is ALWAYS excluded. A co. like ATRN probably buys less than a 3M limit, cause with their financials, risk is high, and premiums are LARGE!
Wait for it...
Wait for it...
Here comes red soon!
Yep, i agree with you.
Id like us to own this company and fire all of them at the helm of this ship. We are owed an explanation from them...period.
Every day we are constantly getting hammered. This is bullshit, a slow bleed into oblivion.
I hope Dr Ps attorneys nail their asses to the wall for this crap.
This is beginning to smell like a scam.
Let's see if I can get this one right...
10-15% jump here in the early morning...
Followed by a slow decline to flat...AND
in the last few minutes...5-10% loss...
Surprise surprise...again!
Here's who our attorney is going to have to deal with in any legal action:
http://www.linkedin.com/profile/view?id=2110052&authType=name&authToken=FJI9&goback=%2Ewvp_*1_*1_*1&trk=wvmx_p
Simple enough. Then why not let the shareholders know that you are working on paying your debts? If that was the case, why keep it a big secret?
If you (meaning ATRN) gave a rats ass about any shareholders you have, don't you think you would communicate on some level with your shareholders?
All this just isn't adding up to a positive outcome. I don't care where these guys have been before.
Another stock, MCLN, had a great management team that came from ERES. Look where the stock is now...
They missed their filing, have diluted the hell out of investors and are on the verge of being worthless. From a 1.5B company, to absolutely nothing. The past doesn't equal the future and if this legal action that DP is planning takes hold, I really hope these guys get nailed to the wall.
Yeah, it's called illegal if that's what's going on...
PPS says it all and it is this management's fault that we are where we are. They could say something, but refuse to do so.
wrong...won't last...not enough volume...
Oh please...this is at .0001 because the company sucks, not because of some MM ploy to get 'cheapies' for any run up. If MCLNE doesn't file reports shortly, this thing is basically going to expire on everyone and everyone will be left with nothing.
This is a huge scam.
Wishful thinking...
Worth the read...
http://www.cnbc.com/id/47362089
I've tried twice, and haven't gotten him on the phone.
Conversely, they should tear down their code of ethical conduct from their site moving forward. They're currently in violation of #2, #3 & #6...
http://www.atrinsic.com/files/PDF/Code%20of%20Ethical%20Conduct%20V2.pdf
Regardless of speculation and what you think is going on, facts are still facts...and these guys are allowing this dark period to completely destroy the PPS and shareholders.
I could care less about what people think is going to happen. I know all kinds of people in my home town with various businesses, but it doesn't mean I'm doing business with them and getting rich.
We have no idea what these idiots are up to...and it's royally frustrating...
I personally think this management sucks. Same story as other stinky pinkies around these parts. Period.
More shareholder destruction again today. WTF.
May 15th and the $#it hits the fan, right?
Management is awful. This stock is like the last scene in Saving Private Ryan where Tom Hanks is about to die and keeps shooting his pistol.
That's where MCLN is...about to die, keeps shooting at BS business plans that flop...
Good job ERES stars. Did you leave, or did they kick you out?
The shorts will not have to cover in any significant fashion until Reg Sho threshold flag and Rule 4320 flag light up, which hasn't happened since 12/30/11.
Read this link for more information.
http://www.otcmarkets.com/marketActivity/reg-sho-otc
What they are doing by shorting is killing any momentum that occurs intra day, and the short volume is measure of sales short and buys to cover. So they can naked short over night, buy to cover in the morning and there's foul.
They will continue to do this until this waste of a company decides to speak up. I have a feeling we're all along for the ride to be screwed in the end. JMHO.
Not to neutralize this DD, but I've heard all kinds of theories previously, and not one of them really holds any credibility. The fact remains that the company is dark, not sharing info with shareholders, and a member of their board has experience with going dark - for almost 6 years.
I don't trust these guys as far as I can throw them right now. I'll gladly eat crow if I'm wrong.
It looks to me that this company was a HUGE mess in 2011, and the Board's direction and decision making was directly at fault for, basically, all these issues.
O/S being jacked
Kazaa Deal
Kazaa Back Out
Contracted Debt
What kind of guys are running this company with no longer term vision? WTF...
I hate this company.
Pump and dump...
This was like a train hitting everyone with the release of their promotion "Can it reach 5 cents."...
Answer...no, because right before, the evil doers unloaded their profits onto unsuspecting buyers.
Seen it, done that...no thanks!
Nothing good is going to come out of this dark position. If I can get back to profitability in the next few trading days...ADIOS!
Way, way, WAY too much BS and guesswork in this whole thing to have any level of comfort...
Anyway you slice it, I just want out of this pig with some sort of gain...so I can move on with the rest of my life!
Moreover, why in the hell does some article get to know the revenues, and shareholders get shut out?
More shareholder silence and continued PPS destruction from where it should be...
Nice...
I hate this company right now.
OK, so I sit here looking at the tape. I did buy a few more shares today in various different smaller increments to watch how the MMs are acting. One item in particular of note...
The trade on the tape is 6200 shares at .0635, but in reality my account shows 6273 shares purchased at .0635.
Someone with any knowledge of this care to explain WTF is going on?
We're going to get bid whacked again...I can smell it
Alrighty, I'll play along...
What makes you say that?
Good news seems to always leak out, which we would expect the PPS to react to that speculation.
I highly doubt that we go from .06s, to an announcement of $X.XX/share...
I hate this company.
2750 shares bought at the ask and the size didn't change.
Shorty?
You are crazy...
This is total bullshit
I think the idea that a patent suit holding up any announcement is far fetched. All IMHO.
Basically, they're going to push this to brink of a lawsuit...
Why, I have no idea.
Even if involved in a merger buy-out, the longest they could go without telling us anything is 6/30/2012. NDA due diligence agreement...could it last longer than this?