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yeah so either they read their emails or read this board!
when you went to bendandspank.com did the page load? I just tried it and got nothing. blank.
Here's the 8k on building. It also states that they plan on selling more assets presumably the ones to Mkono as well as others. That's probably where these intrest sale notifications are coming from
http://www.sec.gov/Archives/edgar/data/1022899/000114420411070615/v243487_8k.htm
That 8k is the only mention of it maybe they never followed through with it.
There might be other debt aside from the 3.5mil to those note holders. This is the only mention of it I remember seeing so we don't know if they did issue more notes or not.
as per 8k on Oct 28, 2011
http://www.sec.gov/Archives/edgar/data/1022899/000114420411059890/v238417_8k.htm
Item 8.01 Other Information.
Atrinsic, Inc. (the “Company”) intends to make an offering of securities not registered under the Securities Act of 1933, as amended (the “Securities Act”). The securities to be offered will not be registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. At this time, the title, amount and basic terms of the securities to be offered and the amount and timing of the offering are not known, but the Company anticipates that the terms of the offering may be substantially similar to the financing transaction the Company completed on May 31, 2011, as reported in the Company’s Current Reports on Form 8-K filed with the Securities and Exchange Commission on June 1, 2011 and October 27, 2011. The proceeds of the offering will be used for general working capital purposes, including to fund Atrinsic’s Kazaa digital music subscription business. The Company intends for this notice to comply with Rule 135(c) of the general rules and regulations promulgated under the Securities Act, and accordingly, this notice is not intended to and does not constitute an offer to sell nor a solicitation for an offer to purchase any securities of the Company.
Where does it state that? 18% apr pretty sure it starts when they default
Best of luck Jimmy!
they have nowhere near 50% of the shares in their control. Do a quick count of just the shares held by ihubers that post, then add the ones that don't post, then add the people holding on Yahoo and other sites, then add the unknown people, and the institutions, etc, etc. I'm guessin that the general public probably ownes 40-50 mil minimum, and institutional no way to know. imo
Scottrade is $7 per trade on stocks above $1. For stocks under $1 they add 1/2% to the trade unless you call and ask them to modify it. I did and now pay flat $9.99 for trades below $1 and still $7 for $1 and up. But no l2 for stocks not on the Nas.
I have a feeling we're gonna close the one at .166 first. lol
End of April or May
I agree. This silent period has it's benefits. I don't think there would be half the dd if we weren't kept in the dark. It has made people dig! V!
I'm undecided. There is countless hours of dd supporting either outcome with no one prevailing direction. Just have to wait and see!
I gotta have dinner but wasn't Kenshoo looking for a buyer? ;) Not starting any rumors or anything but that would work out for everyone on the merger bandwagon!
Looks like another platform that they use like Kenshoo's to advertise with. Now why would Kenshoo be o.k. w this if they are as tight as they seem to be w/ Atrinsic? Makes ya think!
We get somethin by Monday either the 10k or extension
I looked? What did you see?
We specialize in helping online marketers drive new and incremental advertising revenues while optimizing operational efficiency and branding. Our global solutions deliver the out-of-the-box flexibility, scalability and accuracy needed to profitably penetrate new channels and markets.
Today, Digital River:
Manages more than $10 billion in global online sales annually
Counts as its clients some of the world's leading multi-national companies and the Internet's biggest brands, including Adobe, Electronic Arts, Kodak and Microsoft
Handles business in more than 160 countries
Employs e-commerce experts on four continents
Has a solid financial history and balance sheet
Seems like Kenshoo? They don't advertise they provide the platform?
Server like what? Where their ip address originates? I thought that was GoDaddy?
Yeah Four. Man, when you really take a look at all this co. has been through, acquisitions, court cases, bad decisions, apparent takeover attempts, you name it, they have persevered despite the constant change of leadership. Their model now, as it seems, is that of Traffix and focusing on seo/sem platform. Could it be that all this time they were just fumbling about trying to find there place and then BAM!! all of a sudden it's right there in front of them? I fn hope so! For them to come this far and not capitalize on the opportunities presented to them right now would be disgraceful to say the least. Cut all the other BS out(google the billing resource which they own 36% of and see what good reviews it gets) cut the BS and focus on what you were meant to do! Plain as day. Thank Heavens they had a management change cause I think it was their lifeline. V!
Tell us how you really feel!lol Don't let it get to ya bud! V!
I'm still on the fence. Maybe they just cleaned up the co, maybe merger? Till we find out which it is (or both), I pass the time searching for useless info! V!
I Thought I Mkono just bought Ringtone info. 615k for all that probly good deal for Atrinsic. Damn and I thought I was onto somethin there!
TOS updated Nov 30, 2011
From http://bid4prizes.com
Please read the following General Website Terms of Service (this "Terms of Service") carefully before opening a B4P (Bid4Prizes) membership account ("Account'), using B4P.com or Bid4Prizes.com (the "Site") or the various services we provide, including, but not limited to providing Downloads (defined below) and Contests (defined below) and awarding prizes to winners of Contests (collectively, the "Services"), so that you are aware of your legal rights and obligations with respect to New Motion, Inc. and its affiliates and subsidiaries (individually and collectively, "we," "us," or "New Motion").
and further down reads (which I presume is the updated part otherwise it would say New Motion)
In the event that Atrinisic undergoes a business transition, such as a merger, acquisition by another company, consolidation or sale of all or a portion of its assets, Atrinsic may transfer all of your information, including personal information, to the successor organization in such transition.
same for:
http://ringtonechannel.com/
http://imatchup.com/
http://prizes.gatorarcade.com/terms.html
http://www.slimlizard.tv/
WONDER WHY THEY BOTHERED TO UPDATE TOS FOR THESE CO.S!?
Well they filled the gap so we don't have to worry bout that anymore.
No not that good. I almost sold a chunk this am in the 18's to reload on the dip as it looked like we were getting into that pattern, but I figured I'd better not. shoulda coulda woulda
Power hour started early! lol
Here's another former employee but I can't figure out when he left.
http://www.plaxo.com/directory/profile/206159642936/c929a301/Greg/Breen
http://www.linkedin.com/pub/gregory-breen/a/835/b99
Heres the cases in NY courts involving Atrinsic. Aside from the Converge Direct case which seems to be in the supreme court and not yet decided there are several other summons filed for clients not paying their bills. Roughly adds up to between 350k-400k. Not really chump change but who knows when any of the cases will settle.
http://iapps.courts.state.ny.us/iscroll/AdvSearch_P.jsp?Criteria=atrinsic&Submit3=Search
The case is Atrinsic Inc. v. Krysta Cardinale et al., case number 10600462, in the Supreme Court of the State of New York for the County of New York.
I wonder how this turned out just found it, can't remember if it's been posted, don't have time to check into it tonight but if folks are bored have at it! V!
http://www.law360.com/contract/articles/151896
http://www.linkedin.com/company/convergedirect
That should be next week ;)!
You gotta say "there's no way we're getting a 10k afterhours on Friday!" lol
Gotcha. I couldn't see where you were goin with it. I agree 100%.
Good post Four68. We kinda went over this the other day but nice to see it laid out in timeline. Thanks. My question is we know Intellicell needed to go big time so they took over MEG, But Although Consortium has been buying co.'s they are way in debt> I remeber looking into it prior and I don't see where they would come up with dough for Atrinsic. It's my understanding they haven't even got any revs yet?
Algarrobo is the father of the V! Victory, V recovery, and V a greeting (although I think it might mean a little more than just a greeting :) So use it proud V!
We've been waitin for 2 months. What's a couple more days? V!
I agree
I don't wanna speak to soon but it seems mm's and shorty have turned over a new leaf! The waiting game continues for the longs and is starting for whomever hasn't been long! V!
That's a good find JZ!