Up Tank

[buckhunter102001]

Today, a "PR" came out on PRWEB http://www.prweb.com/releases/prweb2012/5/prweb9521567.htm

saying that Atrinsic was winding down it's agency business after negotiations were terminated to buy the ageny business.

No safe harbor statement was associated with the PR, nor was there any comments from management or the BOD.

Created a panic sell to a low of .0315 and leveled back out above .05

Chade contacted David Rifkin and Craig Campbell via email and got confirmation from both that the PR is real

Positive slant on this is that winding down the old agency business was part of a bigger negotiation to purchase the entire company...The new affiliate marketing and media portion of the company is the profitable segment. Makes sense that a company doing DD might not want the non-profitable portion of a business.

Check changes to home page on website

Negative slant is some people are taking this as a sign of going out of business/BK...others are thinking the company is trying to scare away shareholders. (I can buy this theory with the premise that they may be buying back shares into the treasury to be automatically deregisterd which would decrease the O/S and overall profit margin for insiders) Other people are claiming that Chade was pumping yesterday and then created the scare today so he could sell into the run and then buy back today...LOL

The bipolar disorder is back in full effect. There are people posting here that I've never seen post here before...We are back up around 800 followers and still high on the read list.

That pretty much sums it up