5/30/2007 ABSD Atlantis Business Development Corporation Common Stock ATLB Atlantis Business Development Corporation New Common Stock 1-300 R/S **
The forward stock split was unanimously approved by the Board of Directors. The number of Atlantis Technology Group shares outstanding will triple as a result, constituting what the Company expects to provide greater availability of common stock in the public marketplace, to help improve future market liquidity and further diversify the Company's shareholder base.
Atlantis Technology Group CEO Tim DeHerrara said, "We believe this move will allow the company to preserve capital and allow for reinvestment and growth. We are grateful for the support of our shareholders and want to reward them with potential for a greater return on their investment."