came across this stock, (where were we then), but I
went to the buyins.net, wasn't sure if you knew that site,
pretty interesting stuff, I have it bookmarked for further
study......also a recent news by ABDE...........
As of September 30, 2005, there were 13,913,750 shares of the registrant's Common Stock, par value $.001 per share, outstanding
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MIAMI, FL, Jan 30, 2006 (MARKET WIRE via COMTEX) -- Atlantis Business Development Corporation, Inc. (OTC BB: ABDE) announced today it has unwound the contract with Boulevard Development LLC. The Board of Directors believes that in the best interest of the shareholders, the contract with Boulevard Development LLC be unwound due to certain obligations that were not able to be met by Boulevard. The Board is now focusing their attention on the contract with Venetian Systems along with continuing its talks with a gold mining operation.
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Atlantis Business Development Corporation Gives Notice to All Shareholders
MIAMI, FL, Jan 19, 2006 (MARKET WIRE via COMTEX) -- Atlantis Business Development Corporation, Inc. (OTC BB: ABDE) announced today a notice to all shareholders that the Board of Directors is aware of a possibility of naked short selling of the company's stock. Naked short selling is where shares of stock are sold without having access to those shares. Regulation SHO made naked short selling illegal.
The Board of Directors has ordered a full shareholder list and DTC selling sheets for each day since the possibility of naked short selling was uncovered.
The Board of Directors wants its shareholders to be aware of the possibility of such sales and to know the Board plans to vigorously pursue any such illegal activity with the SEC.
To find out more about naked short selling and how to fight this activity, you can visit www.buyins.net
The Board believes if shareholders order their shares in certificate form, sellers who may be selling short without shares will be less able to borrow shares, and this activity will be reduced or will cease.
Ordering your shares may be done by contacting your broker or trading house and asking them to put your shares in certificate form.
CEO Christopher M Dubeau states, "Remember, these people feed on fear, they are simply trying to get you to sell your shares lower than what management believes to be the real value of the Company's stock."
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