Post on Stocktwits (from DB?) about SH letter coming this month (Feb)
Remember this from 2018 SH's letter?
100 to 1 pps mentioned below
Note At todays price of $.002 pps it would take a 500 to 1 RS to get to $1.00 pps.
ATLANTIS INTERNET GROUP CONVERSION TO ATLANTIS GAMING STOCK PLAN
As a result of our accomplishments over the last two years, the development of AGC’s Daily Fantasy Sports software, and the formation of the new partnerships with Bet Construct, Casino Technology, and other vendors, AGC is offering a buyback of ATIG stock in the form of a stock swap for AGC stock. Based on discussions with our accountants, financial advisors, lawyers and consultants, we have projected a buyback clause using a market price of One Dollar ($1.00) per share after a 100 to 1 reverse split on ATIG shares. DraftKings and Fanduel enjoy attractive valuations, up to a billion dollarsdollars per company, and we believe our fantasy sports product rivals the market leaders. Therefore, AGC offers all ATIG stockholders the opportunity to swap current ATIG stock for AGC stock. The AGC stock will be unrestricted and the ATIG stock, once converted, will become free trading. To preserve AGC’s stock price, our advisors recommend we remain a privately organized entity until the appropriate time (based on market conditions) to launch AGC publicly is appropriately identified. Our financial advisors have completed ninety-five percent (95%) of the transactional documentation to file the requisite “S1” documentation. Strategically, we continue to monitor the markets relative to a potential Initial Public Offering (“IPO”), wherein ATIG stockholders would be authorized to sell ten percent (10%) of all free trading shares, with the ability to sell all remaining shares after a six (6) months waiting period.
