Replies to post #52500 on Protagenic Therapeutics Inc. (PTIX)

[tob999]

very vague......

A bit like the chart readings! I prefer readin tea leaves 4 the future! lol

[Grey_Man]

Read the recent 8ks. They already sold the short codes.

[10452km2]

If you go back and read the 8k's that they put out you will know that the debt has been paid down by 40% in a matter of a month. You will also know what was been sold to pay this debt back.

[DiamondFire]

Ospreyeye: Benjo claimed that this is a paraphrased lol conversation later on when I asked him on this Board.

He should have put this caveat in his post, and told us all that he was paraphrasing: THIS IS NOT THE EXACT CONVERSATION HE HAD. The SEC and allllll of us investors I think are very interested in any kind of conversation like this........

lol...he didnt record it. Its off the top of his memory .. or perhaps notes he scribbled down.....IF the conversation even took place BECAUSE WE HAVE ZERO PROOF THAT IT HAPPENED.

No offense to Benjo, but he left us no proof.

So therefore: any discussion on Benjo's phone call should either be with Benjo only - or simply not be lol

[KnowProphet]

It's in the 8-K, seems to me if it's not too Vague for the SEC, then it isn't too vague at all is it?!?


Item 2.01 Completion of Acquisition or Disposition of Assets.



On January 23, 2012, Atrinsic, Inc. (the “Company”) completed the sale of certain short codes, domain names, trademarks and databases used in the Company’s subscription businesses to Mkono Media Corp., a British Columbia corporation (“Mkono”), pursuant to an asset purchase agreement by and between the Company and Mkono dated as of December 28, 2011. The transaction resulted in net cash proceeds to the Company of $615,000 USD.

[KnowProphet]

According to the Filing, along with the other tangible, and non-tangible assets they sold- they are worth,

Item 2.01 Completion of Acquisition or Disposition of Assets.



On January 23, 2012, Atrinsic, Inc. (the “Company”) completed the sale of certain short codes, domain names, trademarks and databases used in the Company’s subscription businesses to Mkono Media Corp., a British Columbia corporation (“Mkono”), pursuant to an asset purchase agreement by and between the Company and Mkono dated as of December 28, 2011. The transaction resulted in net cash proceeds to the Company of $615,000 USD.

[PatiencePaysOff79]

I don't want to doubt Benjo, he's been a great poster here, but I hesitate to take what any poster says he talked to a company executive about as fact. There is no way to either prove it or disprove it. I take it into account, but I would never count it as solid DD.

Note: I did talk to Aaron Baker at one point, and I told others they could do the same, but I refuse to post the details of that conversation for the same reasons I just posted above.