Tuesday, June 22, 2010 1:19:14 AM
They provide venture capital. Venture capital refers to the funds that are required to start up a new company/technology.
So for all intents and purposes, ATNP should always be considered a bank or a finance company.
Also, remember that Chris is and was a banker/financier for years. He has done very well for himself, is independently wealthy and is now using his prior banking/finance knowledge to lend and supply small upstart companies. When the company gets off the ground, when they have their product in hand, then Chris can entertain the though of recouping his investment by splitting and selling at a profit. ATNP as a bank will see it's intrinsic value as well as it's price per share rise as he continues to make smart investments and/or 'seeds' start up tech companies (like GoTVco), helps them get off the ground and finally tenders them for sale.
ATNP is a bank. GoTVco is and was the first upstart.
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