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well something sooner or later will give. I dont know why they are trying to compete with us and put down our paper trail. because what we hold is far better more important then what anyone else holds. fact is company attorney is saying EK has nothing to do with the company is shady
Chris Graham is not with the company anymore.. We are getting close...
Why? What did you do!
I find it funny the company is saying EK has nothing to do with the company.. Someone is trying to cover there tracks. Have someone come out and tell shareholders they are going BK and then have the company say this guy has nothing to do with us is shady tatic to get us to sell imo.
I find it funny the company is saying EK has nothing to do with the company.. Someone is trying to cover there tracks. Have someone come out and tell shareholders they are going BK and then have the company say this guy has nothing to do with us is shady tatic to get us to sell imo.
FOR THE RECORD THESE EMAILS ARE FROM EMANUEL. I HAVE TRACED HIS IP AND HERE IT IS.
IP address 120.159.145.147
Hostname Not available
ISP Telstra
Level 12, 242 Exhibition St
Melbourne
VIC 3000
Country Australia
the company wants to play games we will release our laundry. posters cant come on the board yelling bk bk bk and say oh 2 ppl told us but we wont tell you.... my investment is done because 2 guys went around Pming ppl that the company is in BK... oursaly and the other dude will be held responsible for the info they hold and the manipulation that took place that day.
THESE GUYS HAVE A HIDDEN AGENDA THE WHOLE BOD AND WE HAVE EMAILS TO PROVE IT.
I am limited on post but I will post more on the MA board
Emanuel Krassenstein
HE HAS A MOTIVE AND HAS BEEN SPREADING BK NEWS TO ANYONE THAT EMAILS HIM. I HAVE OVER 100 EMAILS TO PROVE THIS.
WHAT IS HIS MOTIVE? WHY DOES HE WANT US TO SELL?
What does he care right? He wants us to sell why????? Why spread BK news to investors when it does not come from the company it's self.
YOU GUYS WANT MORE INFO? I WILL RELEASE ALL OF MY EMAILS THAT I HAVE SENT THE BOD AND THE CRO REGARDING THE CROOKED $HIT EMANUEL HAS BEEN TELLING SHAREHOLDERS WHO CONTACT HIM.
SO WE HAVE SOMEONE THAT CAME ON THE BOARD YELLED BK BK BK IS COMING THEN WENT AND ADDED DAVID WHICH IS NO LONGER WITH THE COMPANY AND EMANUEL WHICH IS TO HIS FACEBOOK..... WHAT DOES THAT TELL US?
When he stepped down so long ago i came out and said compass labs was going to buy us out.. Why would goldfarb sit on our board and be there adviser... they are like our competitors in some way
3 Friends Added Recently
Geee, I wonder who just became Facebook friends with David Rifkin and Emanuel Krassenstein?
Our very own... Joel Lesher, Who told everyone:
Gone Baby Gone
DISCLAIMER: What you're about to read is 100% factual and has not been fabricated in any shape or form. Those of you who have followed me know that I have been optimistic, long & strong on every post.
I have been in the interactive marketing software space for over 8 years. I've been with my current company for 4 years. We went Public in May. For all of 2011, I worked on the Channel/Partner side of the business. Specifically, I worked very closely with digital marketing/advertising agencies in NYC.
Naturally, I have been able to develop & maintain several close professional relationships with my peers. No different than lawyers, truck drivers, or police officers; digital marketing professionals develop affinities to each other(see the new TV series "The Pitch"). I've become privy to the following info thanks to my industry friends who care about my well-being (not the iHubber's who have stalked ATRN executives/employees over the past 6 months).
I am just going to lay it all out w/ no fluff or spin:
1. Atrinsic is Bankrupt.
2. Atrinsic Interactive (ie: "the agency business" ie: SEO, SEM, Affiliate Network) no longer exists. All Atrinsic Interactive clients received a letter stating that the company is pursuing a bankruptcy filing, which also informed the client that they are being released from contract with no further financial obligations. Simply put, Atrinsic Interactive has no more clients.
3. Atrinsic has been in negotiations (to sell ATRN Interactive) with another (unnamed) company for over a year. Each time a deal was near, the ATRN BOD would counter-offer asking for more money. The latest "termination of negotiations" were ATRN's doing, not the potential buyer. Reasons for the termination of negotiations by ATRN were due to receiving a lowball offer by a company NOT in the tech or agency sector. Further, the BOD's desire to finalize a deal dwindled and the choice was made to dissolve the business.
4. Atrinsic Interactive had contracts in place that were bringing in monthly revenues between $100-$500K. They received a "verbal" agreement from a $50M annual client. Things were on the up & up. Kazaa and Spyder were going to be the "gamechangers".
Then all hell broke loose when there was political turmoil between an ATRN C-Suite Exec & a Kazaa C-Suite Exec (I am not releasing names of anyone.) Kazaa ended up blocking the transfer of code and destroying ATRN assets (in a bid to get a $1M payout.) Further, the $50M ATRN Interactive client ended up reneging on the deal. All the sudden, ATRN was in financial trouble and couldn't finish the development of Spyder. Yes, that's right - Spyder was never completed. Atrinsic was deliberately run in to the ground. Manipulation of the stock price was a last act of desperation.
There will be an official announcement of BK for Atrinsic Inc. The announcement is being delayed for some reason. I think we can all speculate as to why the announcement is being delayed.
Again, believe what you want and do what you will with your loot. I can tell you that myself, 3 other shareholders, and Ourlarsy all sold off today. We accounted for nearly 300K shares. It's a sad day in our world, but at least we have closure. Email me at Indianapolesh@gmail.com w/ questions. I will not give out any names, though.
I already know the names and I have the email exchanges.
THINGS ARE ABOUT TO GET INTERESTING VERY SOON FOLKS. YOU CANT COME ON THE BOARD AND YELL BK IF YOU GOT THE INFO FROM SOMEONE INSIDE GUY THAT WORKED OR WORKS FOR THE COMPANY.
Nothing filed in Delaware yet. I keep having my friend check it.
Thats funny $100k lol that is such BS.... The company was doing 7mil a quter.....
If they wanted to file BK why not do it 6 months ago? Like I said is the BOD that dump not to take any offer?
Then open your selfs to a bag of worms and lawsuits... Funny how this guy claims to say they had a "50mil deal" in place..... Any how I hold and wait.
I dont know, some are selling some are holding. we all just dont know. the CRO was brought in for a reason... I dont see why the BOD would just close shop and not get ANY money for the company.
You think the BOD is that dumb? If there is no offer on the table they would walk away and not take the only offer that is? Why would they do that.... recover something then nothing is far more better dont you think?
Let the buyer make his announcement, better then us making it.
This comes from someone that holds 70k shares.... lol....
It's my opinion, nothing else. Just a feeling. I could be wrong or right I dot know or care.
I think we will get after hour news today, imo.
Senior Affiliate Account Manager
Atrinsic Inc - New York, NY
June 2010 to Present
•Responsible for day to day management and growth for high end online merchant affiliate programs: blu Cigs.com, True Religion Brand Jeans, GEICO, Ashley Madison, Brick House Security, Amsterdam Printing, Kayak.com
• Actively participate in account strategy development, help to craft the direction into client- and internal-facing deliverables and in-market tactics. Stay current with interactive trends, and apply them proactively to meet client needs.
• Responsible for overseeing quality assurance of work delivered to clients, maintaining the highest quality standards.
• Lead client status meetings to prioritize current and upcoming projects.
• Promptly address scope challenges and issues with clients.
• Identify client project opportunities to grow account revenue and reach client goals
• Lead tactical client discussions with day-to-day client contacts as well as strategic meetings with senior client personnel.
• Successfully migrated over 9,000 publishers from bluCigs.com internal affiliate program to Atrinsic Affiliate Network while maintaining growth and development of sales revenue and relationships
•Increased sales of bluCigs.com program by $350k year over year
•Use proprietary crawling technology, Spyder, for new publisher recruitment and merchant competitor analysis
• Work closely with graphic design team to optimize banners, text links, flash banners and widgets for all programs based on market competition and technology trends
• Direct development and execution of various publisher incentive campaigns resulting in sales growth and new publisher activation
I think we will get news before we see .03. imo
SO OLD SORRY MAN.
web.archive.org/web/20110619032502/http://atrinsic.com/press
MORE THEN 1YR OLD.
Profiles are still the same and have not been updated.
Folks should read up on OTHER cases where Section 220 of the Delaware General Corporation Law (“Section 220”)was used. It was used in many cases where shareholders got information regarding the company's management and hiring, firing, etc.
READ READ READ READ READ
IT's very easy to google Section 220 of the Delaware General Corporation Law (“Section 220”) cases.
OH and one more thing, Those claiming it would be inside information then need to question the SEC why DO THEY HAVE A LAW THAT STATES SHAREHOLDERS CAN SEE THE BOOKS AND OTHER INFORMATION?
DONT QUESTION ME, ASK THE SEC ABOUT Section 220 of the Delaware General Corporation Law (“Section 220”)
I will only say if you follow the rule that is in place and contact the right people at the company you may get what you want. Fong did not care because he was leaving to a new company. I am so extremely surprised that a letter was sent and after nothing happened, NO ONE did anything else.
JUST A FYI THIS INFO IS MISLEADING AND NOT CORRECT!
based on what info do you have that says this?
1st if you have not suffered a loss you can not sue. 2nd hes the one that said he can no longer say anything on advise from his lawyer, yes his lawyer... I for one wont be waiting around for anyone to do anything for me because most of the time its hot air. I will do it on my own because i know it will get done, just like the books. they sent the letter and never did anything about it.
Legal action and looking at the books are not the same thing. ANY shareholder can REQUEST to look at the companies books if they follow the RIGHT procedure. As far as legal action, you can not take legal action as a plaintiff if you have not suffered a LOSS on your investment, in other words if your green then you have no case, if your red talk to a lawyer.
Yes but it was not sent by him it was sent by another shareholder. I do not know if that shareholder did anything else after the 5 days.
I actually looked and found plenty of cases where the shareholder won after the 5 days and the company was forced not to only show the 'financials' but had to show a whole lot more.
Matter of fact, A shareholder used the same law on yahoo just several months ago to see information regarding the hiring of that ceo that had a mistake his paper work.