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I know, all part of the game IMO... James will surprise many when he pulls this off.
No RS
1 billion shares eliminated
Revenues expected to double last years.
Seems like we should be in the 00's soon with just that. Imagine if there is more going on too.
ATYG
New peeps on the board... Read the posts, the company has eliminated a billion shares. They are going to PR before end of year what has been going on since May. No RS in near future. If CEO was going to RS he would not have bought a billion shares back. That would be stupid.... He is not stupid, and if he was going to RS, it would have been done by now. There are too many hints here of big things happening to not be excited about the near future IMO.
ATYG
Don't forget the name change too... In January they changed their name to Racing Limos. James stated in the Q that they are working on changing it with FINRA which would give us a new ticker.... RLIM? RLMO? Who knows maybe he is going to announce that too... Good times here IMO...
They also have 21 employees on there too... 0 for 2012 and 21 employees listed for 2013. Not sure if that is counting franchise people or strictly ATYG. Something interesting going on here fellas!!! Go James you sly dog you....
ATYG$$$
From the May 2013 PR...
("We had a fabulous first quarter," says Atlas CEO and Racing Limos America, Inc. President James Albion. "We're on pace to better than double our revenues over last year. And this doesn't include our private funding on the way."
The Company says they are still planning a stock buyback and other methods of contracting the outstanding shares. "We still want to reduce the outstanding free-trade shares by at least half," says Albion. "Stronger revenues will not only allow us to reduce the outstanding shares, but will give us room to execute a stronger marketing program to grow the business here in the U.S. and abroad.")...
Double the revenue from last year, buy back half the float, "funding on its way".... Well funding must have arrived since May to allow a reduction of 1 billion shares. At the market price of 0001 that is 100 thousand dollars... Not chump change in my book... A CEO doesn't drop that kind of money into a buy back unless they know they are going to get a return. IMHO James is going to release everything; revenue increase, where the funding came from, new locations, new share structure, and the plans for 2014 all at the same time. If he doubled revenues from last year, cut 1 billion shares from the SS, and has a deep pockets funding partner we will be in the 00's. Add a couple new franchises especially international and we will be in penny land IMHO. Either way you slice it, James is gonna make it rain in ATYG land... Get an umbrella fellas and sit back. The party is bout to start
ATYG$$$
Nice job people, we are #20 on the breakout boards now. Go ATYG$$ spread the word!!
I agree completely with your post. He is toying with people. He is pissed off and is waiting until the perfect time to release the Kracken. New locations, funding, share structure, and REVENUES!! Don't forget there was a PR about 25 million by 2nd or 3rd quarter 2014... The Q in May showed a small but positive revenue coming in. There is definitely a lot going on behind the scenes here. I also think it will be a Merry Christmas this year!!! IMHO
ATYG$$$
I didn't think Tyler Libby was involved with Racing Limos anymore since Jim bought it? While digging around for any new information I came across Tyler's LinkedIn page and he has it listed that he is the current President of Racing Limos here is the link.
http://www.linkedin.com/profile/view?id=13549743&authType=OUT_OF_NETWORK&authToken=TxRD&locale=en_US&srchid=1088027411383962487089&srchindex=5&srchtotal=51&trk=vsrp_people_res_photo&trkInfo=VSRPsearchId%3A1088027411383962487089%2CVSRPtargetId%3A13549743%2CVSRPcmpt%3Aprimary
ATYG$$$
Something interesting that I came across... May not mean a lot but I thought I would share. Do you remember a little while back when James and one of the franchise owners were battling it out and James mentioned that he lost, or was about to lose his house? He did not have any money, no salary, etc.... Well google Dover New Hampshire Real Estate Deeds. It will bring up the county website for Dover, go to the deed records search and put Albion in there. In August of 2012 he had a tax lien put on his residence / business at 38 Fieldstone. He paid that tax lien off in August of 2013 an amount over $4k. Very Interesting to me that he paid it if he lost the house. If a house is foreclosed on, the buyer is responsible for any back taxes so that tells me that he did not lose his house, and he came up with atleast four grand from somewhere to pay the tax lien off. I know its a drop in the bucket as far as info goes, but it tells me that Jim has some money and perhaps that is from an investor that is financing the buyback and expansion of the business. All IMO of course but wanted to share...
ATYG$$$
Well.... Nice to see some activity here again!! Welcome back ATYG peeps. Jimmy is a sly dog soaking up these shares on the DL... May need to buy some more and get to 70 or 75 mill before we visit penny land. If Jim has new locations, revenues that are stronger than the PR in May, and a float of 1.5 to 2 billion, we will fly by the 00'z and into the beloved penny land where nicks and dimes are what dreams are made of... lol.... Seriously though James ain't playing around. He has been buying this shiznit up like a crack fiend. 1 billion shares as of September off the float. Top Penny is right, I have never seen a CEO try to scare people away and stay under the radar unless they are actually doing the buy back. If he wanted to pump and dump, he would have RS this pig before the summer, instead he bought at least 1 billion shares back... When this PR hits, We are gonna be very happy IMO...
ATYG
September was the last time I emailed him. I would be interested to know if anybody else has heard anything else since then.
This pig can fly, just a question of when IMO. When James does the PR with the new share structure, and whatever else he has going on, we will move. I agree that he could at least come on the board and say hello, but I think he wants us to lose hope and talk bad about ATYG so he can silently and quietly buy up as many as he can. I would expect to hear news by April at the latest and we should be in the 00's if not higher. We know he reduced the float by 1 billion already. That was a couple months ago. If he can get 1.5-2 billion out of the float and have a strong quarter, better than the one he PR'd in May, we could hit a penny IMO... Just depends what he has going on...
James,
Is it going to be a Green Christmas or a White Christmas this year?
Did my dd a year ago smart a$$. Looking for anything to explain all the silence and hoping to come across new locations...
So I was doing some dd on this puppy.... I wanted to see if anyone has heard of Racing Limos Charlotte, Racing Limos Lehigh Valley / Poconos, Racing Limos Los Angeles, Spokane Racing Limos in Washington, Bay Area Racing Limos in Pittsburg California... Some of these do not sound familiar to me, I was using google and found websites for some of them. I didn't have time to call them yet, I may try to call some of the numbers later on. The Lehigh Valley / Poconos website is actually nice, and appears to be up to date. I had not heard of a Bay Area location in Pittsburg California, or the L.A. one, anyone have any info on these locations? It would be nice if James is opening some new franchises with all this silence and the buy back...
ATYG$$
Will scottrade let you trade this with the chill? Some wont.
Etrade.
Something weird happening here... I put 10 mill up for sale on Monday @ 0001 on an extended order. 1.5 mill sold on Weds. For as many shares as this thing has, nobody is selling apparently since it only took two days with little to no volume to sell 1.5 mill of mine... Very interesting...
I think they are referring to the company dumping shares from the OS onto the open market. It would make sense why there is 80+ million in volume and no real movement in pps... If it is the company, which I am NOT saying it is. But if it is, it still doesn't matter because this whole sector is priming for an explosion here.. In 1-5 years this industry and ERBB is going to be like the tobacco companies in the 60's and 70's. My 500 k shares of ERBB will be helping me to retire...
Everyone has an agenda. Some people will cry dilution and complain about it being worthless.. Those people are typically here for a quick flip. They feed off people's emotions here. I am loading more of every ticker in this industry as I think this whole sector will be in dollar land in a couple years. Just my two cents.. GLTU
ERBB
Where is that reported? Is there proof or just your gut feeling? OTC has it at 312 mill...
Profitable means having money left over after paying operation and overhead costs... We have no audited financials and revenue of 167k. Revenue does not mean profitable. This is a POS... Nick is the puppet master and too many here are eating it up. This will go to the trips, because they refuse to show proof of what they claim. Hundreds of thousands of product sold on Amazon yet only a few reviews from customers. No products on bb stores almost a year after he pr about it.
MDIN = get out the KY and bend over
OTC markets has the float at 312 million as of May. That is actually not bad.. As long as they don't go over the 1 billion mark if they are selling I will be comfortable with my investment. Hopefully they will have a TON of revenue in their next Q.
Yes, and I also wonder who is selling... 30+ million shares and no movement, what's up with that?
Someone has a fake wall up. I bought 175k today and it filled in 50k increments and then 10k remained on the ask... Weird IMO..
Is this a short term weed play or long term investment? I am a newb to this company and just doing some dd before I buy.
TIA
That PR is from two years ago?.?.? No news, steady decline in PPS, no share structure up dates, what is all the hype about here??
Hello All!! I was in last year and got out in January/February... I picked up half a mill yesterday and today. I love the potential here with the different companies. The dispensaries with the credit cards that allows guaranteed sales to only 21 year olds and up. This will be huge in my opinion with the legislation that will undoubtedly happen soon. The only thing I am confused about is the Bitcoin relationship with Tranzbyte. I went to Bitcoin's website but I am confused on what the upside is for us. Is Tranzbyte the holding company for them? Does anyone on the board communicate with the CEO? Does he respond to emails from shareholders? TIA
ERBB$$
I read it as he was ticked by comments stating he needed to buy back all but a billion shares... He did say the silence was intentional and I take that as more things are happening and will be PR'd with the new share structure. I think that will be our time. Hopefully he has increasing revenue. The last quarterly he had more revenue than last year. Hopefully the next quarterly is even better. I think he was just venting about a couple of the posts on IHUB. He did say another 250 mill has been retired so a billion shares in all, couple that with more revenues and whatever arrangement he has with the original owner; and I think the pps will go up.
IMO
ATYG$$$
Here is the email...
Can't share updates here, obviously, but yes, the silence has been intentional. There are a lot of things going on, but much of it that's happening is developmental and is taking a while to develop. There will be news when we have more confidence in the end results.
Part of the buyback has been accomplished (we recently retired an additional 250m shares). I'm not sure how much more we will do. I had thought retiring a billion shares would have helped with shareholder confidence, but clearly it has not. In addition, I've received some shareholder email and someone forwarded me an iHub message board post that shareholders will not be confident to support the stock unless we buy back all but a billion shares, which is simply unattainable. So it appears conducting any type of buyback was pointless and waste of very valuable time, effort, and cash at our end.
That's about all I can say at this point. Thank you for your email.
--
Respectfully,
James J. Albion, CEO, Chairman
Atlas Technology Group, Inc.
President, Racing Limos America, Inc.
P.O. Box 487 * Dover, NH 03821-0487 * USA
(603) 285-0015 * Fax (603) 842-5147
visit us online at http://www.racinglimosamerica.com
-----------------------------------------------------------------
That was a nice 14000 share (25 dollar) paint job at eod. All other trades at 0013 until 3:30pm... ROFLMAO.....
Yes, have to wait until I get to a computer though. I'm on my phone now..
Email works. He already replied to me. He obviously could not go into detail about things but said things are in the works, the silence is intentional, and the buy back is in progress. He does read the board, and says that a reduction to 1 billion is not attainable but they are buying and retiring shares. That's all!!
Keep it up Jim, your doing great!! Slow and steady wins the race.
ATYG$$
Got it, thanks!! I will try that one and let everyone know if he responds.
ATYG$$
Hey TP, have you had any email correspondence with Jim lately? The investor relations email that I used before is being rejected. Is that the same email you used a couple weeks ago? Have you heard from any of the franchise owners lately? TIA
ATYG$$$
I just tried it using the email I had from before. I got the same response. Something's going on.... Hopefully something good.... PR about now would be nice....
Is this SnorEnz we are talking about? They are selling that much per day? Seems odd to be selling that much and only have 18 reviews on Amazon if it is SnorEnz you are talking about. Amazon usually sends me an email after every purchase asking me to review the transaction. Even if only a third of what is claimed to have been sold actually reviewed the product there would be a couple hundred reviews don't you think? Something is not adding up here IMHO...
If he can get us to 2 billion in the float, I think we can easily hit 005 or higher. He is getting revenue, plans of globalizing, and something cooking with the old owner. Not to mention buying / canceling 750 million shares a month ago... There is a lot of potential here IMO.
ATYG$$$
The sad thing is that many here have bought this hook, line, and sinker.. Many have been investing here since the high in March and are "averaging" down... And many have banked their retirement or life savings on this. Even though I do not trust Nick or Ray, I hope those people can get something out of this before its too late...
IMHO
It all depends here in the stinky pinky... I watched ATYG trade over 300 million shares at 0001 earlier this year, also saw it hit and trade quite a bit of 0002 around the same time on less volume. Back in November when they reversed the reverse split we hit 0003-0004 for a day or two. All depends on news and who is paying attention. I think we will move to 0002 and churn those for awhile before a breakout, unless James brings some amazing news... To answer, I don't know and neither does anyone for sure. The thing that has served me well is picking an exit pps that you are comfortable with and set the sell order for 60 days and forget it. Profit is profit... It's greed that keeps people in these long term and usually burns them in the end. Pinks are IMO a flip.. Buy them low and set your sell price and move on. Pinks are 90% of the time a flop but every one of them gets a bounce a couple times a year... Now for ATYG, I have a sell order set to get my investment back and a little extra. I then set another sell order for what I am hoping to get from this. If it reaches my second goal, great I made a lot of money. If it tanks, at least I got my investment and a little profit out of it..
GLTU!!
ATYG$$$
Uplist to the Grey market... Lol...