Replies to post #15692 on Atlas Technologies Group (ATYG)

[wangdo]

I guess it will be a long time before I get my original investment back.

[qwertytrader]

So does ATYG sell shares to pay ZMJ who "tries to collect"?

Almost sounds like you have yourself set up to have these companies funnel down money into your privately held company......

something pretty creative about this

I collect $1 per year salary from RLA so as to minimize payroll pressure on its financials. My management company, ZMJ Enterprises, collects (or tries to collect) a monthly consulting fee from RLA. For the moment we minimize the payout to ZMJ to help RLA. My ad agency is the "agency of record" at this time, because it's my creativity and my agency's designers, expenses, etc. that do the marketing and pr work for RLA and ATYG. That work is invoiced from ZMJ Advertising to RLA. My compensation comes primarily from my ZMJ company, from ad agency clients, etc.

[Top Penny]

ATYG - Those claiming Mr. Albion focuses most or all of his attention on ZMJ are sorely mistaken. According to Mr. Albion's post, he only has a couple of clients for which he does AD agency work. It sounds as though all of his attention goes to Racing Limos.

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I am happy to address the issues regarding my companies and how they all relate. ATYG is a holding company. Racing Limos America (RLA) is a wholly owned subsidiary of ATYG. ZMJ Enterprises, Inc. is my privately owned management company and also does business under the trade name, ZMJ Advertising and Marketing, which is the ad agency I have owned and operated since 1992. Although I have moved almost all my efforts to RLA, I still have a couple of clients for which I do ad agency work. ATYG, at this moment, does not collect money; doesn't even gave a bank account, but will have a brokerage account by month's end for the purpose of the long talked-about stock buyback. There are no salaries, etc. from ATYG.

I collect $1 per year salary from RLA so as to minimize payroll pressure on its financials. My management company, ZMJ Enterprises, collects (or tries to collect) a monthly consulting fee from RLA. For the moment we minimize the payout to ZMJ to help RLA. My ad agency is the "agency of record" at this time, because it's my creativity and my agency's designers, expenses, etc. that do the marketing and pr work for RLA and ATYG. That work is invoiced from ZMJ Advertising to RLA. My compensation comes primarily from my ZMJ company, from ad agency clients, etc.

For the record, RLA, and ZMJ own a combined total of ZERO shares of ATYG. The only shares I personally own are 650m shares of restricted stock (still in certificate form) and 625k free-trade shares in an online account, of which we have never sold a single share back into the market for money or any reason. All shares are legally accounted for. All debt conversions are to third part debt holders. This means we get ZERO dollars of those conversions. All debt conversion money goes direct to the debtors to pay off those company debts.

Hope this answers questions about my companies, and concerns that I am somehow manipulating the stock price and/or situation.


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-IMHO