![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, May 08, 2012 11:43:00 AM
Shares Issued and Out: Approx: 44,479,084 as of May 1, 2012
Free Trading/Float: 7,624,079 as of May 1 , 2012
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.
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