Atlantis Tech Group (PINK:ATNP) Stock Surges On Media Spin-Off

ATNP_price_chart.jpgYesterday, Atlantis Tech Group (PINK:ATNP) stock jumped 66.67% on a “confidential” press release about a merger, and on a finally successful stock promotion campaign.

In attempt to revive investor interest in ATNP stock, the company did the perfect, if not share, then media spin-off.

The media spin-off is the process of deriving new radio programs, television programs, video games, musical/dramatic works or novels from already existing ones.

The ATNP program for investors, related to the most popular spin off of the company’s subsidiary Global Online Television Corporation, was this time improved through new media techniques. These were the ongoing ATNP stock promotion, and the disclosed information about it.

Since the beginning of the year, ATNP has a few stock promotions on the record. A collaboration with the stock promoter NebulaStocks.com earlier this year succeeded to slightly push up ATNP share price, but was not able to improve their trading volume.

It is an usual practice for third parties to bear the costs of ATNP stock promotions. This was also the case with yesterday’s one.

ATNP_from_the_site.pngAs opposed to the earlier provided investor awareness initiatives, the last one succeeded to support a volume, almost eight times higher than the average for ATNP stock.

It seems that during yesterday’s trading session, investors finally appreciated the last one from all controversial ATNP announcements, related to the share exchange matters with Global Online Television Corporation.[BANNER]

The chart here presents in a chronological order news about different forms of capital restructuring of the company and those of its subsidiary Global Online Television Corporation.

Obviously, the acceptance and/or not acceptance, of the spin off announced by ATNP, are not strong enough to rush ATNP stock.

Maybe ATNP, as currently involved in the media branch company, should make media spin-offs and rarely share spin-offs.

Read the rest here:

Filed Under: Press Releases

Tags:

About the Author:

RSSComments (29)

Trackback URL

Comments are closed.