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Profits is one topic. Having Dave Kimbel get the paperwork in order to report the profits is another thing.
The stock should trade for a number of reasons.
Those who want to just get out should be able to.
Those who think the company will make a profit should be able to make an investment and be rewarded if the SP increases.
Those who think things will get worse should be able to get out without loosing anything below 1.3 cents.
I don't plan on selling when it does start trading again. ATC should be able to have their SP increase from here. But, the question is will they be able to do it.
I think The only effect it will have on Grand Ent. will be that the share price will remain the same. Nada, Zip, Zilch, Zero. It hurts to see the share price up in print but it is what it is.
Did I miss this something big thingy or is it still to come?
Please share the next court fight date. A link would be good toooo.
It's a crying shame Big Lou flew the coop. It sure would be nice to have the revenue from his sales going to the bottom line.
My best guess is the bottom line is at zero dollars these days. In the past it must have been running in the negative when there was some activity with not much showing up on the credit side of the ledger sheet.
Another guess I have and it comes from some DD. Very soon after there is some action the present shareholders will get reverse splitted out of their investment. Could easily be a 1 for 1000 conversion.
Other business ventures offered also include non medical home health.
Franchises available
http://www.startinghomehealthcarebusiness.com/steps-to-owning-an-atc-business
Don't forget to vote!!!!!!!!!!I'm thinking a new accountant doesn't sound half bad. What has Weiser, LLP done with Dave K. to get financials for the SEC?
PROXYVOTE.COM
You elected to receive shareholder communications and submit voting
instructions via the Internet. This e-mail notification contains
information specific to your holding in the security identified below.
Please read the instructions carefully before proceeding.
Important Notice Regarding the Availability of Proxy Materials
for the Shareholder Meeting
2011 ATC HEALTHCARE, INC. Annual Meeting of Stockholders
MEETING DATE: August 11, 2011
For Holders as of: June 14, 2011
CUSIP NUMBER: stuck at 1.3 cents
ACCOUNT NUMBER:
CONTROL NUMBER: You can enter your voting instructions and view the shareholder material
at the following Internet site:
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a couple of more days like today and there will be a ton of stocks trading under a buck.
Here you can get yourself a franchise:
http://www.atchealthcare.com/franchising.html
It appears they predict some pretty good growth in the future.
One thing would help. They should say a drilling rig or workover rig is on site. This would help clarify if a blow out was in progress or if the well was flowing with a barefoot completition.
The difference in borrowing money to invest in the company verses printing shares of stock and diluting the shareholder's value. On a balance sheet, shareholders equity is the same regardless of borrowing or dilution. The difference is that you have to pay back interest, which would increase future expenses, when borrowing and you don't when diluting. The reason is that when diluting you are "selling" a part of your company to new investors which leaves your old investors with a smaller piece of the pie and thus the old investors (you) are paying that cost. IF they invest the money and "make it back" the new investors make money and the old investors "break even". And that is usually a BEST case scenario.
To the point, either way is a cost to the shareholders . Until there are FULL financial statements, one will never know.
Here is a simplistic example for EXISTING shareholders: You want to get some money for your house and your choice is to borrow it or sell part of your land making your lot smaller. Either way, you decrease your equity portion for cash. Now, the question is how you spend your money. (1) If you spend that money paying existing and customary bills, you have lost equity. (2) If you spend that money on an addition, you have (hopefully) MAINTAINED equity. (3) If the value of the house after the addition is more than the old value, you have made money.
They may want us to believe the third option is correct when it is 95% likely that the first option is true. If the second option is true...who cares why they spent the effort in the first place?
Shareholders need a copy of the resolution and minutes wherein the Board authorized the dilution (that is our right). Normally, that will give us a hint why the money was raised. Not necessarily, however, if the Board is trying to hide things from the shareholders which is a breach of their duty of trust.
Gail, Do you live here in SC?
Wow, that reminds me of a flag and a flag pole. They are running it up then they are running it down. I wonder if there will be as many bagholders over there as we have?
Got real high expectations here. 8 barrels of oil a day. Deduct 25% for royalty payments. 5 % Overrides, Pumper gauger fees, Operator fee, Electricity, salt water disposal fees, road maint., and whatever else can be added to the cost of operation.... not to mention the cut the poor working interest partners will be getting....Let's see there may be 1 barrel left for the company. Now what does this give us as calculated value for a share of stock?
Too bad this is not over 5 bucks. I would short it to zerrrrroooo.
no answer at his phone.
There was a huge run by the promoters at MSN who ran the price up these past few months. Maybe it will happen here. Well maybe not since we are unable to trade through the markets at this time. LOL
After thinking about what you said I would agree this could be Their game plan. Upon a little more digging the trading may not be suspended for a whole year . Once a Section 12 issuer is revoked, it may trade again as soon as a new registration becomes effective, which is usually 60 days after the registration is filed.
Yahoo has dropped us off their screen. Other links have gone BYE BYE
http://www.atchealthcare.com/press.html
I can't wait till we start trading again. Any news would be greatly appreciated; so don't hesitate to post your DD here.
Thank God for IH in keeping us up to date.
fund raising everywhere.
I feel all warm and fuzzy the SEC is "protecting" me as a shareholder by not allowing this to trade on open markets. LOL It doesn't seem logical to me but, What do I know? Maybe someone can explain how shareholders benefit from this move. Doesn't the SEC want stock to trade? I don't think they are in the business to shut down trading.
The "settlement" says something about a year.
You would assume they have some game plan. Let's hope the shareholders benefit in the end.
It's because they are electric.
Now TD ameritrade doesn't have a bid /ask. LOL I guess we must make our own market on this board. Anyone want to buy or sell?
It's got as much life as your long legged bird. Just my opinion.
Looks like you can trade it. TD Ameritrade has a bid and an ask.
What I don't understand is why the SEC would waste their time around here. There are other companies that never file any paperwork...go out of business and the stock keeps trading. Why jump in here and act like they are doing their job? This company is operating from coast to coast? It supplies medical help to numerous hospitals and the Government. Geez!!! SEC go after the crooks why don't you?
No problem. It reads the same now as then. I agree with you Big Lou may possibly hit one out the park but, you and I both know it won't help Grand any.
What would help is if Freddie let the shareholders know what his next move with Grand is.
Wow,I got post #50. Tough to get such a primo post with everyone trying to get it.
BTW, Anyone notice the bid is inching up more today?
Would Lost city Records benefit from any new records?
http://www.virdiko.com/player2.php?id=1006
Cheap shares starting to get more expensive. Wooo Wooo!!!
Still the Mod, Still a bagholder with enough bags to fill a Boeing 747.
I like the idea of someone buying the shell and making something out of it. The problem with that is my bags will be tossed to the curb. Most people starting with an old shell R/S the old share holders out of existence. They do an atomic R/S to do away with almost all shares then issue new ones to themselves and their investors. The old share holders are thrown out with the trash.
Best of luck to all of Freddie's sheeple!!!
If tons of paper is printed and the longs eat it up.... Do I smell short squeeze one day???
LOL It doesn't seem as if those who came to this board a week or so ago want more shares. Maybe they are waiting till their deposits clear to grab a few more shares. IMO this will help get things rolling.
MINE getting legs after News.
Those getting on the bus are starting to out number those getting off. Now is when we need some news from New York to move the PPS up.
what's up with ARYX? Big spike today.
What a great stock! One buyer wants in and we go up 52% . I can't wait till 20 buyers start fighting for the available shares.
See if you can get a hold of Freddie. I have tried for years and no luck.
Yea me too!! I'll be happy as a pig in mud if there is a PR with no safe harbor disclaimer attached and a share price of 30 cents. Then I'll be made whole on this investment disaster.
I would not trust your DD. The paperwork for the company is in Miami. I saw the last info. had some lawyer from Miami signing off on whatever was filed.