Working on the big PENSKE project
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Really CE removal tomorrow? That is the first I've heard that prediction :)
Eventually, someone will be right.
I just want to be sure, we are still waiting on last round of dividends correct. I'm with zecco and do not see them. Just want to make sure I'm not alone here.
As noted in one of their early PR's, Pinksheets moves at its own pace. They probably have already reviewed most of the paperwork and just needed that letter from lawyer which they already have now, so it really should be soon.
Agreed. I would like to think that a positive reaction will result this time.
I'm a believer, but that marks FOUR PR's regarding CE Removal. Can we go for five? Is it possible????
Let me get a few more 0.0009's and then you can kaboom all you want :)
I don't think anyone has ever been involved in a cash buyout here in subpenny land. They just don't happen. I've heard it rarely happens, but I'm wondering more if it ever happened. Especially with this kind of profit margin.
It is somewhat comical how everyone of them never seem to work. They already have their reason stated right in the PR. The counter offer did not meet their 0.005 price.
If you ask any investor we are salivating at the price and would demand it goes through. Maybe we are not seeing what the preferred shareholders are paying.
I might invest a very little here to roll the dice tomorrow. If not so much for the buyout, the fact that maybe this could start to move north at some point.
Their management seems to think they are worth more so maybe there is something here.
I'm referring to pumpers who should burn for trying to trick investors.
I don't think we can blame SNRS for anything here if and WHEN this does not happen. They already stated they wanted 0.005 and the counter offer is lower.
Has anyone researched this senergy company to see if they were legit. A quick read of the THRR PR's states they were trying to do some DD on this company from israel and they were not being very responsive. Then the time ran up on their agreement and senergy backed out of the deal.
Was it possible there was foul play on both sides?
Unlike THRR, this one isn't moving. If the ship goes down, they are going with it :) They should be burned if they are only trying to trick investors.
I sold out my measily shares. You wont see my complaints in here anymore.
I decided to invest in a 0.0003 that I think will move sooner than this one. It's all a crap shoot at this point.
You still stand to make lots of money here, but I am gambling it will be dormant for a few months.
Good luck.
Something that was easily overlooked. They had said they were talking about these companies in the board meetings and I was curious as to why they never said anything about it.
The portions you bolded are the new companies they were referring too. Thank you for pointing that out. My opinions are slowly starting to sway in favor of ATNP again. I would assume those companies will be tied directly in with ATNP and not GOTV if they were to go public.
This thing has been trading at 0.0001 forever. Why do they think they can get 0.005. What is wrong with accepting a counter offer of 0.004.
Ask yourelf that. Also, how much money is the buyout if it were to go through at the counter offer of 0.004.
Not golf courses :) They strictly deal in technology companies according to their website. I don't think he has any ATNP shares left at the moment.
Maybe he takes some of his profits from the sale and reinvests back into ATNP now that it has bottomed out. He will find another company, pump it so that ATNP goes up, sell his shares and invest in the new company. Once he builds it up, he will put it on the open market. Percentage of proceeds from the sale get reinvested back into ATNP once it bottoms out to repeat.
Maybe if we understand how he operates we can invest accordingly for our profits. I don't like what is happening here, but this only because I played it wrong the first time around. Now that I've seen the phases, I am hoping to have a second more successful round of trading.
We haven't lossed GOTV completely yet. There is still the slightest possibility for a merge.
He uses ATNP to flip companies. I knew he was going to sell GOTV, I was just hoping it wasn't going to happen until the end of 2010. I wanted to get one more rise out of the stock.
He will acquire a new one and start over. I don't think that they have a particular one in mind yet, that is why we haven't heard anything.
It is going to be a lot longer than most have the patience for, but he will find another "GOTV" like company and start over. A new company means a whole new ball game. It can go from 0.000X to 0.0X.
I am still holding out for the penny. This may mean I have to wait another 3 to 5 years for all I know. During that time, with a new company and new investors, they could provide more forward splits and change the ticker symbol again.
I still think a lot of money can be made here. But you have to write off your investment and forget about it for awhile until they can start the process over.
History is being made here. You should be glad you were here to witness this.
The PR stated that they will look to acquire a new company. This whole process could start over again.
A new product means a lot more ups and downs. That is why it is good for trading. I am just going to carry all my shares over to their new project. Hopefully we'll still continue to have a residual effect with GOTV.
I'm a little slow. Does the first portion you highlighted mean that they can't PR distribution which would encourage investement until PINK determines they have adequate current information?
Today could be a trading day we will never forget for AMHD!
You are right. Tomorrow is only the first. I guess there is some time to voice our opinions, but I really don't think we can sway them from the choice that they want to do.
Just hope it all works out.
LETS GET THESE DRINKS ON THE SHELVES ALREADY! I'm east coast and am ready to try an atomic dogg. Where is distribution? Do I have to go to Jersey for one or is it going to be a couple of states??
I guess that is why we need some PR's. I'm not going to say this is the week, because lord knows how many times that has been said on this board.........
I think I'm probably safer to say, this will not be the week guys. Expect more sideways trading.
The board meeting is tomorrow right? Do you really think they will have time to read these emails. The board consists of two people and trust me, the decision was already made. The company is going to split and sell separately as a PINK Stock. You can't stop that, that is already done. If you don't believe me that the decision has already been made, then do not give me any credit for predicting that because any sane investor knows that is what is going to happen.
Now that the decision is made, you have to decide if you are going to keep or sell your ATNP. I will be a long long at this point since I will only lose too much to sell. I guess I will have to see what new company they plan to acquisition. When they start the process over, they can hype it up to a penny again so a LOT of money can still be made, however we just have to wait sooooo much longer now. Praying that they will do forward splits again with the new company.
They say it is possible that this split is good for ATNP investors, and I PRAY that they are right. I just think that trading GOTV separately in PINK this early in the game is going to have a PPS that is very low and will quickly drop to 0.000X. They are going to flood the market with GOTV shares until they are worthless. Before only ATNP investors could have them, now anyone could have them. No sense in going through atnp for the last divi, just wait until they hit the open market, crash and scoop up millions of shares for only a few hundred dollars. Soon you will be comparing your couple hundred or couple thousand divis of GOTV to someone who just came in on the open market buying millions at a fraction of the cost you paid when you went through ATNP.
A small profit was made in January; however, the last few months we have been basically breaking even
Notice how no specifics are given. When a penny stock tells you a phrase like that you have to hold your BS flag high in the air and start waiving it. What IS a small profit, 5 bucks? It must be pathetic since they couldn't give out a number. Probably didn't want to get themselves in any legal trouble by stating anything specific.
Ask yourself why they would have to leave such a vague response.
I am invested in this, but I am a little ashamed to be. Volume and PR have not moved this as some stated it would a few months back, and it looks like it may be another six months before we get another run at this again. The chart analysis from people on here said it would only take the slightest movement for this to take off. We only had one significant day of volume and 2 PRs and look at where we stand.
Can anyone come forward who has ever received a cash buyout in a penny stock for all outstanding shares; and if so, what was the symbol.
If no one can step forward, that is your first indication that this is NOT going to happen people. What will be interesting is the new and creative ways that these buyouts don't work out. This one is sounding like they won't come to an agreement in price. PR is already setup for that.
Don't worry though, they will always be open for other offers if they want to try this again. They certainly are bringing in the intended volume.
I made that mistake twice. If it is a subpenny stock, don't ever buy in at the penny. These things are risky enough as it is, don't add anymore risk to the equation.
It returned to the pps that it should be at. This is the entry point. With enough time and BS it could get close to the penny for you to sell before they decide to release some more sales figures :)
Who here has been involved in a successful cash buyout in penny stocks with this much profit margin for a possibility? What was the stock symbol?
If anyone can answer this question yes, then there is hope.
Personally, I've only tried for one and it failed. EWRC. Most likely a scam, but the argument was the preferred share holders had paid more for their shares and it was not in their best interest to sell. Of course we did not know that information about the preferred shareholders until after the deal was refused.
We know the THRR one did not go through. Those are the only two that I followed on buyouts.
In their defense, the video of the office was when they were still in the process of moving in. We were hoping to see a video of everyone working, but I guess that never happened.
I was long because I've seen this stock take dips like this and go for months and then revive back to pennyland. I've seen them do many a forward splits, so I thought if I held through a couple forward splits and then sell at the penny I could make a nice profit.
A launch delay of a month means nothing to a long term investor. As long as the product gets out we are looking further down the road. However, its obvious with that last PR he wants us all distracted from the delay, but I am even further upset now because a separation move is going to KILL the stock.
I think he is just out for the money now, (as we all are). He wants to trade his GOTV shares now apparently and the way to do that is to make them go public.
Why people think this is a good move is beyond me. Who cares if we can sell our divis !!!! Do you you want to throw all of your ATNP shares away so you have the ability to sell your GOTV shares?? What do you even think they will be worth in the PINK world. How quickly do you think they will last in this stage in the game before they are trading at 0.000X
The board meeting is a joke. The answer has already been decided. If the PR leans towards the separation of GOTV then that is how it will be voted.
I am a little confused as to how there will be a buyback or merger. Didn't ATNP already own them? Perhaps he has already found some interested buyers and wants to publicly trade them for a buyout. I just wish the company could have developed a little more because I have a feeling we are going to get squat per share and I have way more ATNP than I do GOTV.
He stands to make a boatload if he can get that pps up. That will be his golden parachute.
He may try to inflate the price and jump out. When the dust settles, he'll be long gone. Or maybe he is legit and will bring the value up. We'll see. I'm trapped either way for the moment. I'm not selling for a loss.
I am having the same reaction as you.
I am for the merge or a buyout of GOTV, but I do not like the idea of them separating and trading as their own entity. ATNP's PPS is tied 100% to GOTV and with the separation will gaurantee a drop in pps to 0.0001. The subsidiary will trade better than the parent company. Someone had mentioned something about providing a 1 for 1 divi (maybe I might accept a 2 for 1)in GOTV. That would be the only way I would accept the separation. Give us EQUAL stake in GOTV that we currently have now in ATNP.
The CEO has all his money invested in GOTV at the moment so I am concerned where his loyalties lie. At this point he wants GOTV to be a success and will be uneffected if ATNP bottoms out. His interest is to get them selling publicly so he can cash in his chips and that may be the ONLY reason. We know how he is going to vote in that board meeting and I am not sure how many votes they will even need to win that decision
Actually the hippo does show up at key moments. I've seen him in here before. I've seen him make a perfect entrance into GOIG.
Problem is he will be teh one to make all the money and I'm always sitting around wondering if I can some how get back to even.
These buyouts in pink world are always very questionable and rarely go through. Now they are throwing a caveat emptor into the mix....
PR's indicated that the seller thinks there is more value. I think its a 99 to 1 that the buyout is not going through. The payout if it does go, would make a lot of happy rich people in here.
They were hoping you were going to forget about that one :)
I'm done posting for the day. I will take your advice and see how it all unfolds. I just hope in the end it works out to our advantage.
Ok that is true, but I have seen subsidiaries trade better than their parent companies. GOTV is the one that will be posting all the PR's. Investors will be buying directly into them and not ATNP.
CEO Chris sold all if not most his ATNP to invest in GOTV. He probably wants them to go public so he can trade his shares and cash in.
I am wondering where his loyalties lie if he separates the companies. I think it is in our best interest they stay together. We need a merge or buyout, not a separation.
And what do you think the new value of these shares will be when they hit this pinks this early in the game. 0.0003? If higher, will they sustain or come crashing down once we have ability to sell.
We will lose all value if they hit the open market. Now they were worth more because only ATNP investors had them. I look at this as a nonbeneficial move at this point. We probably won't receive cash dividends now.
I would prefer a buyout/merge.
What will happen: They are going to separate and sell their own shares publicly. I gaurantee it.
Could this be considered terrible news?! ATNP stock is valued on performance of GOTV. If they split and become their own traded company what does that mean for the value of our ATNP shares?????
A buyout or merger would be more beneficial....
No reason to rush and buy ATNP for the divis if they are just going to the public market you can just buy them there.
I guess PR's and volume didn't move this (only one day of real volume).
What other options do we have?