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Re: Gilda99 post# 9708

Tuesday, 05/08/2012 9:04:29 AM

Tuesday, May 08, 2012 9:04:29 AM

Post# of 17503
I am guessing they would short it so it does not go back up. Perhaps their average short sale price has moved down to a .50 - .75 cent level and lower. Perhaps their margin requirements go up whenever it trades higher.

As for the S-1, I will PASTE the following that discusses this in detail in the Oct 2011 PR.

The S-1 Registration and Offering

Finally, Atlantic continues to evaluate the timing of the filing of its SEC S-1 Registration statement. A year ago Atlantic had planned a public offering to raise funds to build and own the first round of renewable energy projects in Ontario. Between the project delays, election uncertainty, and the general market nervousness of 2011 the timing has never seemed right to file. The Company now plans to construct the first Ontario projects through partnerships and shared ownership structures. Atlantic will earn its developer fee which can be applied toward further project development. The Company will continue to keep its S-1 up to date and ready to file when conditions are right. It remains a goal of the Company to raise funds to build and own power producing assets. These latest election results provide comfort that there are many more contracts to come in Ontario.


No mystery here to me. It seems pretty clear.