Any update?? Here goes, some will recall the SEC initial finding to revoke the registration of ATP securities, I believe I have discussed this situation here.
As I sent a response to the SEC including follow up letters, I received a packet from the SEC; a motion in ATP’s Administrative Proceeding to not treat shareholders letters as an answer, motion for entry of finality order and brief in support.
This is a “Final” proceeding to revoke ATP’s registration. The violation for removal, as ATP has not filed timely financial information. If finality is ordered, no more trading in ATP securities, as the motion states “revocation will serve the purpose of ending any possible manipulation of the market for, or fraud in the trading of, ATPAQ securities based on the bankruptcy proceedings. For me, if one is trying to manipulate this stock for their own personal gain, at the expense of others, they need to go to jail. But seriously who manipulates a stock where a $39.50 gain might be obtained, there has been no volume trading in this stock to warrant this concern.
Anyway I have been spending my time trying to understand why my letter’s, yes more than one, has warranted such a motion. In section B of the motion (a). states; “the shareholder letters should be stricken from the record or, at a minimum, not treated as an answer filed by ATPAQ, because Mr. Meyer has no power to represent ATPAQ in this Proceeding.
Hell, I can understand Mr. Meyer has no power to represent ATPAQ in this proceeding, but my letters stricken from the record has me puzzled. Why would anyone suggest my letters “should be stricken from the record”, stricken from the record; as if my letters where never sent and my concerns never expressed. Do I still live in the United States or have we been taken over by aliens.
I would be happy to email anyone a pdf of the motion if they would like a copy. My hope would be you would voice your concerns regarding this motion with the SEC Administrative Judge. Why would one even suggest that “the shareholder letters should be stricken from the record”.
Corruption in is this country is destroying us, here in Louisiana a week doesn’t go by without a public official, US Representative, federal district attorney, judge, and a variety of other public servants crossing that grey line, disgracing themselves and hurting their families all in the name of greed. I am sure this is no different from where you live.
I am sorry but my first thought when someone suggest that “the shareholder letters should be stricken from the record”, what the hell is going on!!!
I will be filing an objection to the motion with the SEC Judge.
On another note, did you know that there are only 24 hours in a day. Is it possible that folks might have been billed in excess of the capacity restriction of a 24 man hour day???
Capacity planning has also been a concern in business planning, man hour restriction's, billing records with one client might represent one data set and appear fair and reasonable, add the data points with all of the other clients and the resources available to support those billings for that time period just might present a different picture. I don't believe billing records of clients represents attorney client privilege. Fraud is never ever protected by a courts order. Oh, did you know its perfectly legal to cross the grey area until you get caught. Hell nobody cares.
Look again at the billing records of this Chapter 7 case, good luck to those that have crossed the line. I might suggest those with more to lose than just money contact Judge Isgur, consider risk and reward; are you making $650.00 an hour???
AI
