Monday, May 17, 2021 2:06:32 PM
Excellent observations! Maybe the following is the tip of the iceberg in exposing the ATMH SCAM.
December 20, 2019 -- Massimo Travagli receives 2.5 million Preferred Series A shares. The shares are convertible to common on a 1-for-1 basis and entitle the bearer to the equivalent of 500 share votes per Preferred Share. With 2.5 Preferred Series A shares Travagli has unequivocal voting control of ATMH. The other shareholders have absolutely no clout in terms of determining the Company's business direction.
January 20, 2020 -- One month after the 2.5 million Preferred Series A shares were issued to Travagli, the ATMH Board of Directors, which is exclusively controlled by Massimo Travagli, voted to approve a 1-for 200 Reverse Stock Split.
August 5, 2020 -- FINRA approved the name change to ATMH and also approved the 1-for-200 Reverse Split.
August 6, 2020 -- The 1-for-200 Reverse Stock Split was executed, but unlike the common shares, Travagli's Preferred Series A shares WERE NOT REDUCED by the RS. Due to the Preferred's 1-for-1 conversion stipulation, the value of Massimo Travagli's Preferred Series A portfolio's value instantly increased by a factor of 200X!
WHAT A NICE, BUT CORRUPT WAY TO MAKE A LIVING!!!! Also keep in mind, Travagli is being regularly compensated as a "ATMH Consultant"!
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