Replies to post #15055 on Atlas Technologies Group (ATYG)

[The Cardiac Kid]

HE HAS STILL BEEN ACQUIRING FUNDING READ THE PR THE BUY BACK HAS NOT STARTED YET AT LEAST ON THE OPEN MARKET. I did email him on the latest float numbers last night.


The buy-back is expected to be complete by the end of Q2 2013 and will be done so at the Company's discretion. The first phase is expected to encompass 350-500 million shares.

"Over the course of the next 9-12 months it is our objective to buy back at least half of the public float," CEO James Albion stated.

"We have a lot of work to do to work the stock price back up so that we can continue execution of our business plan, especially for the 3rd and 4th quarters," said Albion.

"We believe a phased buy-back is an effective solution. Additionally, we have commitment and support from our private investors to continue this process as long as it takes to get the stock back to a level of respectability," Albion continued.

[speedster1]

Might already be too late to step up in my opinion looks like he is simply here to steamroll investors - that's all he's done so far. Is he going to change his stripes now? Why did Tyler leave?
The official company response - 'business works in years not in months' but in a few short months the share structure numbers have not stopped increasing dramatically - the revenues or profits are nowhere to be found.