Monday, December 26, 2022 12:42:07 PM
ATLANTIS GAMING CORPORATION AND ATLANTIS INTERNET GROUP, CORP. 2016 -2017 JOINT REPORT TO STOCKHOLDERS
TO: Atlantis Gaming Corporation and Atlantis Internet Group Corp. Stockholders
FROM: Donald L. Bailey, Founder, Chairman, President and Chief Executive Officer
RE: Annual Report, Update and “Way Ahead” for Atlantis Family of Companies
DATE: April 2, 2018
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.
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM