Home > Boards > US OTC > Miscellaneous > ATI Nationwide Holding Corp. (ATIN)

ATMO (aka GREI) Stock Dump

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Principian Member Profile
 
Followed By 0
Posts 260
Boards Moderated 0
Alias Born 11/15/16
160x600 placeholder
Principian   Tuesday, 08/22/17 12:32:52 PM
Re: None
Post # of 177 
ATMO (aka GREI) Stock Dump

Looks like 32,000+ shares got dumped and the price hit a new low of $.25 per share.

Reminds me of the old saying.... "Buy on the Hype, Sell on the News".

Americatowne cut their 3rd Quarterly Loss within the last year (3Q2016, 1Q2017, 2Q2017) and forensics on the numbers still indicates the only entities/individual(s) making money off this is Alton Perkins via his Private Entities (Yiliame and/or Perkins-Hsu). Losses would be higher if Yiliame was not front-loading Americatowne and then inflating the balance sheet only to be siphoned off bit by bit in the form of General Administrative Expenses. This time around though take a look at how 1Q2017 and 2Q2017 don't add up to what he reported as the first 6 months of 2017. If you do, you see the expenses are actually higher. Remove the Account Receivables from Yiliame and a truer picture becomes clear. Follow the money... and yet we see a new hype of creating a so called HQ in the Raleigh area with L.F.T.E. They have an $11 Million Fixed Capital Investment that must be made to that Ghost City Mfg Center in China due before December and now they are thinking of building a new piece of real estate. Well, Raleigh is full of empty office buildings (due to the Tech Bubble pop, housing disaster in 2008, and several large businesses scaling down), the last thing the area needs is a new office building. L.F.T.E also owns a number of buildings in the Morrisville area of which the Restaurant Americatowne treated their Shareholders/Exporters to as well as that company is an actual Chinese Importer/Exporter that has close ties to one of Alton's Executives and you'd think if Americatowne was getting into doing Chinese Export/Imports L.F.T.E. would be a serious client in these regards as they do Millions of dollars already with several Chinese Entities. Public Bill of Laden Records back this up. L.F.T.E. thru them a bone about 18 months ago and signed up for one of the Exporter Contracts, but no items have ever gone thru them and sold to the chinese.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences