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Thursday, August 22, 2013 5:47:31 PM
As for the issued stock. Atlantic has issued approx 210,000 restricted common shares over the past 4 or 5 years. They have not issued a single free trading share. Further the free trading share count has been reduced. The shares in DTC has been reduced.
Management did not buy cheap common shares diluting all the shareholder. Lets face it when the stock was down they could have converted and bought stock for .10 to .20 a share. That would have created soooo many more shares. But they didn't.
They could have done am S-1 public offering so they would not have to put up $5,000,000. But they didn't. They didn't do it because they didn't want to hurt the shareholders.
This is not the time for the company to buy shares. It is to grow the business. Sure some stock advertising might be a good idea. I think that might even happen. But it is very clear, management is not looking for a quick pop. They are looking for a slow steady increase that will get them on the big board. They have the shareholder count. They will have the earnings and sales this year. They have the prospects. I am sure they have more than we know of.
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