Replies to post #9514 on American Transportation Holdings Inc. (ATHI)

[wingtrade]

Unsubstantiated claim - the differences will be resolved IMO

[nodummy]

So yet another Textraw induced pump&dump is over.

Atlas Merger Cancelled

http://textrawinternational.com/blog/?p=93

Atlas Capital announced in the beginning of October that it had acquired Textraw. But it has failed to provide the contracted consideration. Repeated attempts by Textraw for the subsequent two months between October and this last week to contact Atlas President Chris Davies by phone and email went unanswered.

Therefore Textraw notified Atlas’ attorney that Atlas had broken the terms of the agreement, which we now consider void. This notification was immediately followed by a response from Davies, who claimed to be the owner of Textraw, and threatened a lawsuit.

Textraw regrets its complicity in posting announcements that the company had believed to be true. We have not owned or traded Atlas stock, and never received any payments, but have sought to deal in good faith as we sought to bring Textraw back to market for our customers and distributors.

First NWTT then SKGO now ALCL.

I wonder if Textraw will show up doing a doomed to fail merger with yet another stinky pinkie in the future.

I saw the cancellation of the Textraw / ALCL merger coming a long long time ago:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67611359


That makes two mergers that ALCL has participated in this year that got canceled. In August a merger agreement between them and a shell that at the time Christopher Davies was acting as legal counsel for, CPWY, canceled their merger agreement they had signed in April.

[terry_mathews]

LMAO. Yet another fraud that suckered people into investing into a myth. What about all that solid DD so many here claimed they had done when in fact it was purely manufactured dreams and bogus leaps of faith.

maybe, just maybe a lesson can be learned from the bogus DD assertions but i doubt it.

Did I read here that someone actually called this merger cancellation unsubstantiated. Really? The fact that the counter party is the one making the claim I would say it is 100% substantiated. Who other that the two parties can substantiate it?

Has the company filed financials yet?