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04/04/11 5:04 PM

#11850 RE: terraced #11849

The announcement of the "offering" "to up-list and ongoing concern"


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61703757
How do you jump to "UP-LIST" from the following statement put out by ALTO?

Alto Group Holdings Announces Management Opens 10 Million Dollar Private Placement Offering

Alto Group Holdings, Inc. (OTCBB: ALTO) ("Alto Group" or the "Company"), an innovative mining and commodities trade company headquartered in New York, announces management opens 10 million dollar private placement offering and breaks escrow.

Management has filed its Form D (http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7742630) and has opened a private placement to fully capitalize the company, remove the going concern and execute its long term development plans.



Talk about spinning facts.... The edgar filings basically say he wants the money to pay his salary this year.....imagine that...... ALTO's long term business plan is to sell shares, dispense salaries for his friends, and acquire mining rights on properties that ALTO has no plans to actually mine IMO. The rights will be sold again during his next public company, and will be bought from, or sold to his friends again. Let's invest in Klok.....I think NOT.