InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,436.44
(
-0.50%
)
US TECH 100
18,394.40
(
-0.87%
)
Dow Jones
40,743.33
(
0.50%
)
Brent Oil
78.72
(
0.20%
)
Bitcoin
66,206.65
(
0.06%
)
Post# of 54103
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

TradeDoctor10

Send PM Follow Ignore
Followers 29
Posts 1009
Boards Moderated 0
Alias Born 01/11/2014

TradeDoctor10

Re: chklingon post# 8413

Sunday, 02/09/2014 10:29:45 AM

Sunday, February 09, 2014 10:29:45 AM

Post# of 54103
We have known about the possible AS increase for a couple weeks now. I wouldn't be surprised if the SEC allows it.

It could be to cover the 5M in Atlas debt, and if it is, it would never be issued, but more of an insurance policy if "Yellow" and other revenues were not as expected. 5B AS at par value of 0.001 is 5M in authorized capital.

Until we get a PR or SEC filing this is all speculation. In my opinion, Def 14C will not be filed and possible AS increase will expire. I know someone will correct me if I'm wrong, but I believe Tuesday is the final day that can be filed without issuing a new pre14C.

Luckily we did not receive any PR on Friday which is usually when bad news comes down. Hopefully we get a mega PR Monday morning and this thing runs all week.
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up