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Re: motocitykid post# 588

Tuesday, 06/06/2006 2:25:20 PM

Tuesday, June 06, 2006 2:25:20 PM

Post# of 38584
Here's a news release from a company investing in EQBM..it's old dated Feb 2006 but shows the potential in EQBM.

KEEP YOUR FAITH.


Atlantis Business Development Corporation Announces Subsidiary Atlantis Acquisition 1, Along With Equitable Mining Corporation, Has Identified and Is Working Towards Closing on Its First South American Precious Metals Project

MIAMI, FL -- (MARKET WIRE) -- 02/07/06 --

Atlantis Business Development Corporation, Inc. ABDE announced that subsidiary Atlantis Acquisition 1 along with Equitable Mining Corp. EQBM is very near to closing on its first South American precious metals project. The property, which is part of the El Alacran project, has produced striking test results indicating rich deposits of a gold (copper, silver). The mine is located approximately 475 km northwest of the Colombian capital of Bogot?.

"We are very pleased with how our negotiations are proceeding," stated Christopher Dubeau, CEO of Atlantis Business Development Corporation, Inc. "Our due diligence is moving forward at a rapid pace and we expect to have a definitive agreement in place very soon. If our estimates are correct, this operation will deliver considerable value to our holdings."

Initial exploration programs at El Alacran included surface mapping, trenching, pitting and magnetometry. The results were sufficiently positive to warrant the subsequent 15 hole, 2,407 meters of diamond drilling which indicated the potential for substantial precious metal reserves. Gold-copper (silver) mineralization is confirmed over an approximately 600 meter strike length in what may be considered the north-central portion of the indicated zone of mineralization at El Alacran.

"If all goes as expected with this project El Alacran will likely become the cornerstone of Atlantis' precious metals-related holdings," concluded Dubeau.

About Atlantis Business Development:

Atlantis Business Development Corporation (ABDE) (http://www.atlantisbdc.com) is currently registered as a Business Development Corporation (BDC) in accordance and pursuant to Section 54 of the Investment Act of 1940. It seeks out Companies that are in their business development stage and invests in these Companies through various means. It also builds, creates, and funds its own profitable companies in order to produce greater future value to its shareholders. The Investment Company Act of 1940 was passed to encourage investing in developing businesses. The Act provides simpler access to public funds for the purpose of business development, with emphasis on regulation of expenditures, rather than regulation of fund-raising. Under the Act, the majority of publicly raised funds pursuant to the Act must be employed in developing businesses.

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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products and prices. With respect to Atlantis Business Development Corp. (ABDE), except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, ABDE's extremely limited operating history, uncertainties related to the Company's access to additional capital, competition and dependence on key management.

Additional Information:
Christopher Dubeau
CEO
305-677-3111


Feb 07, 2006



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