![]() |
You are not logged in.
Dear Shareholders,
Unfortunately I have bad news. Even though it was possible to reduce the losses a bit, there is still a loss of L$ 146,120 in October.
Additionally the voting was against keeping the ALC alive, so delisting will be the best solution.
Probably it will not be possible to make a profit within next monthes and even if the ALC becomes profitable again, the profits will be probably very low, so that it will take years to pay back the debts.
Keeping a company alive that probably can't pay dividends the next years doesn't make much sense, especially in a fast world as second life.
I will offer L$ 1 for each share. Most of the shareholders did buy the ALC share when it was less than L$ 1, so I think this is a fair deal.
I will talk to Cocky Dagger about how to delisting the ALC. The best way will be a fixed date when trades will be stopped and I will download the final shareholder list after that date.
I am sorry that this step is necessary, but there is no other reasonable solution.
Yours Sincerely,
Hannibal Kennedy
CEO & Chairman
Atlantis Land Corporation (ALC)
Offline
I'm not a shareholder, but I am glad to see the blunt if brutal truth posted and that you're taking a sane realistic course of action. Best wishes as you wind up ALC and I hope you and shareholders can be rewarded.
Offline
I am not shareholder... and I give my personal opinion with permission.
I believe that the best option for this company would continue in the game. There are other possibilities.
for example...
you comment on give 1 dollar by 1 share... ok.
It is possible to give 0.25 per 1 share...
0.75 dollar maintain cash within the company for future investment in markets for example.
I can be new Ceo
you pass the company to my name, give 0.25 dollar to shareholders as extra div. and enter into account 0.75 dollar by 1 share...
This easily people before continuing in the game.
I have experience in market companies and investment.
You can leave the company with complete peace of mind, I think that the shareholders can be happy in this way.
exist in free market, 544654 shares... and it is possible to transform the company in the these numbers.
1000.000 shares Ceo
544654 shares shareholders
1544654 shares total company...
408490 lindes in account company in cash , for play in markets, for play in invest markets sl, is one good option,......
This is a good option reduce shares and put money in the company.
I think it is a beautiful future.
automatically the shareholders have an extra 0.25 divideno.
the company change course
the company have no expenses, costs are 0 dollar.
a new Ceo with a new path.
I can assure you that I have experience in these matters, I currently have 5 companies markets...
There is no expenditure in my 5 companies, are always 0 dollar
I am free headquarters
web support
monthly balances
I write in forums
I am free advertising campagnies
I sincerely believe that is a serious proposal for all, and that benefit much to markets.
the current ceo decision you can change the future of this company
Thank you for allowing write here.
please visit one pag web.....and look and read my work.......
https://sites.google.com/site/fundacionsimvolpert/
Last edited by unbonbomaabye (2009-11-12 22:41:38)
Offline
Unbonbom, you may want to read ALC's financials. ALC actually has no money, just debt.
The offer by Hannibal is very generous as he is going to repay shareholders out of his own pocket, not with ALC's funds (as it has none).
So it is highly unlikely he would be interested in paying out a 0.25 dividend and then give you money out of his own pocket so you can run yet another investment company.
Offline
What I dont get with Unbon is does he realize that some of these companies do sometimes have a product that is created by certain people and once they go they go. What does he do with these companies. Collect shareholders list? What i mean is these companies have creaters of products and I would think those creators wouldnt pass on their content to him. What is the real deal here. I know Dont ask but I'd like to know what the heck is he really doing?
Sophia~
Offline
What is unbon's game? I looked at Fundation Aabye Market a while back. It looked cheap at .05 so I bought some. Later I realized that the shares were very thinly traded and there was always a sell order at .05 and a large buy order at .01. I wonder who might be the buyer/seller? After a while I realised that there was no real market so I sold the stock .. at a small loss. This seems real common. Look at Pizbi. Looks like a good deal perhaps for a newcomer at .70 , but the only buy order there ever is seems to be .01. After a long while with no news many people would tend to dump the stuck out of frustration. Might be insider trading and no reporting and financial statements but what can anyone do? Yes, another trading mistake I have made. I would sell it ASAP even if I could just break even. Best to stick with larger cap stocks that have constant trading and a narrow bid/ask spread.
Last edited by WilliamRustamova (2009-11-13 06:16:51)
Offline
Sophia...
again you are trying to find logic behind Unbonbom's actions. Let me re-assure you - THERE IS NONE! He does not realize some of these issues: a negative balance sheet, shell companies, a market which consists only of investment companies will go belly up, a.s.o., a.s.o, a.s.o..... He does not have a plan. He is just a small guy trying to act big (which in this case means that he want/needs to have a BIG amount of companies, which will give him a sense of power. It's like kids playing in the other room, without having a real sense of what they are doing and why things are how they are). And i can bet some money on the fact that he will prove my point, by replying to this post with some comment how i am somehow hurting him or insulting him or doing something bad for this community. I am not. This is nothing personal Unbonbom, just my perspectives from a business-point-of-view.
Offline
unbonbomaabye wrote:
I can assure you that I have experience in these matters, I currently have 5 companies markets...
I ... really can't comment on it, I'm laughing so hard.
I think it'd be different if he /could/ say:
unbonbomaabye wrote:
I can assure you that I have experience in these matters, I currently have 5 successful companies markets...
... but then again we know that's not happening.
Offline
I gotta say this specific topic has lead me to the following thought: if we are to vote whether or not we allow companies to list here, can we also have votes to delist a certain company? Or is that one the sole privilege for Cocky? I think cleaning up house is one of the very good things we could do for this exchange. There are a number of companies that do not fulfill some listing standards and in my mind should be delisted from the exchange. I think an exchange with fewer good companies is better than one with empty shells. (I veto Unbonbom to reply to this post
)
Offline
AlainDelpiaz wrote:
I gotta say this specific topic has lead me to the following thought: if we are to vote whether or not we allow companies to list here, can we also have votes to delist a certain company? Or is that one the sole privilege for Cocky? I think cleaning up house is one of the very good things we could do for this exchange. There are a number of companies that do not fulfill some listing standards and in my mind should be delisted from the exchange. I think an exchange with fewer good companies is better than one with empty shells. (I veto Unbonbom to reply to this post
)
I dont think there should be a vote for everything.
But the ISE BOD vote from early 2008 is waaay overdue. (over past 16 months or so, ISE has sucessfully appoited 1/5 Board members, if it continues at same pace of electing 1 bod member once every 16 months theres still lots of time left).
What you need is what VSTEX has and ise has not. A group of people who have time to do stuff, and write policies which are constantly enforced. For example, is the Teoria James a "viable business plan" ? Should a company be required to have x assets, y monthly revenue and z tradingvolume or whatever else. Those are issues one cant put on vote everytime, thats an issue for the management to determine, otherwise you get anarchy and all votes become "a controversial opinion".
Edited to add:
On the other hand, that's not what the market wants. Based on trading volumes, people prefer lack of order. ACE and ISE has historically managed to attract far more investors than the more organized exchanges.
Last edited by AndyGrant (2009-11-13 17:45:19)
Offline
Good points Andy. I concur with you. Also, I always wondered about the subject of your edit. Food for thought.
Offline
Estimated people.
this is a game, helps us to learn, and the weather is nice, a nice way of entertainment.
seek to build something nice here, with our ideas, input, opinions ...
I read the situation of this company and see a possible solution to stay in the game, just try to help, give my opinion, is an idea, a possible future that is not nice to read others.
people can be in favor or against, but it is a clean idea.
Here are a community for honest, clean, and if we can better help, we are not here to harm, or make difficult ways to people, or steal.
my idea is possible that something else is what the shareholders want, I just commented that there is another possibility.
is easy to understand.
Offline
There is something very interesting but in all these areas.
What can we build or help build?
I think our humble contribution in these worlds are born, is to build something nice, sincere, open to new and positive ideas that help to have something better and more beautiful.
an opportunity for us all here is to build and with the help of everyone can do something nice. the debate, the discussion is positive.
we can not afford it struggles, or enmities crazy, and that only destroy or harm.
We are all equal but we must try to build with logic, with reason, with heart, with humility, sincerity, honesty.
is our obligation to help if possible and help people.
with permission, tell my little story do not know that I have 5 companies in market, it's true.
only 1 company comes clean, AFP, is created in vstex is my first company, born with capital and correct the IPO price. ok.
after the 4 companies that have, other stories are different but unites them something very important ... CEOs of these companies are stolen or abandoned, and I put money and effort into these 4 companies, I avoid being deleted from markets and shareholders losing their shares. be today at 4 companies in markets, all know their stories, nothing is hidden.
not want to be proud.
is true, I save 4 companies that market would be out today and shareholders would have no shares or money ... that's a big win for everyone.
that's the real story because today I have 5 companies.
and it hurts so much damage done, people who attack me for this reason, I am not a thief.
Today 4 lists companies are shareholders in different markets and their shareholders have a monthly management serious, honest and sincere. no cost their companies. markets continue even have cash and portfolio .....
What is the problem?
Why some people do not like this?
Is it bad that I do?
Please attack me or those who seek always to put my job a bad name, I call once again from here, to stop being hostile, and to see how positive it exists and is real.
is understandable as some people, directly or indirectly, are always seeking to erase my work, hurt, or put a bad name, frankly sometimes one gets tired of constant criticism that has no logic.
Not fair.
not just find people so interested in destroying something so beautiful and honest.
not see how some people just do not give support to a work so simple to understand and that is a boon to hundreds of people currently have their shares in honest companies, with their profits, and so many positive things.
Please, understanding and support, thanks
is that many people who give me their support and I thank you once again for your confidence here, thanks.
Offline
unbonbomaabye wrote:
frankly sometimes one gets tired of constant criticism that is completely logical.
Fixed.
Offline
I never lie, no deception. any company where I be ceo, to be investigated by anyone before investing, and see the history of the company from when I become ceo, or earlier. since I be CEO of a company, every month have balances and forward to see how much you have company, or how much benefit, and no information is hidden. any person access to monthly statements, I always put each company in the monthly balance each month provided. anyone who invested in buying shares in companies can know my current financial situation in months. Where is the deception? deception does not exist. it is true that my companies to be small, it is no secret. a small company can exist in markets. the important thing is being honest, and I'm honored. I am not guilty of market prices, everyone knows the low volume of dollars in markets generally, and many know that after selling a company ipo prices be lower than in many companies ipo, my companies are not very different from other companies in markets, prices rise and fall as is normal in many companies. ipo prices below what many companies have not only some of my companies.
honestly anyone is free to invest in one or another company, my companies are serious, and honest, which is a very large value in the market today, for all these reasons herein can not find meaning or logic to certain accusations, reasoning, or critical.
I think it's time to try to understand a reality that exists in 5 companies, and fully support this. attack or make a bad name is an act of vandalism and very harmful. we try to do better, that if possible, I am open to constructive criticism, ideas, reason, speak, write, but to build something beautiful, and honest, I do not where the only way out ideas for a company with 0 dollares is clear and ..... forget there are solutions and it is our duty to support the shareholders keep their shares, inject optimism, and build future plans and a nice ... we may, is possible.
if the ceos markets, people, companies ceos, support initiatives of this kind, good ideas can have a safer market.
I even received a big help in my projects of ceos of some markets, and support, and people who work in markets where their decisions were essential to develop my work and am very happy about this.
but you always want more support, they rely more on one and when support fails, you feel empty ... and when they trust you and support is wonderful, a dream come true ....
I am still currently trying to have more companies on the market ...
isl-IBF, ihi, grp, IIMA, other 4 companies, of course, but it is also true that my intentions and plans are good for all, and I think if I can support me.
I wish more people wish to do the same, that would be positive for all and give more security to the markets ...
With a small investment, 200000 dollares for example can get to try and pick a company in bankruptcy or where their ceo steal .... and thus save the company and continue to market. This is good and easy.
there may be people with this concern, desire, or desire to play in this roll, and that is positive for the markets.
I can teach this to anyone who wants free invest seriously in the market, I can teach and lead management company, and if the person continues with his desire to try, it might be a good CEO, and his roll in the game you like and this entertaining.
I with my experience, even in this forum LAC expose a new formulation of service to the financial community that had not previously existed.
is simple to understand, a CEO wants to leave her company in the red, has no benefits, bankruptcy. the ceo proposing a payment of 1 dollar per share and delete the company. ok.
in this situation I propose a very simple, give div. 0.25, and 0.75 per share input into account, transfer the company to a new ceo, and continue to market, investment market .... easy to understand. totally honest service and possibly propose desired by some shareholders of the company ... even adding the company would have 0 dollares spending months guaranteed, free advertising campaigns, home free, and monthly balances ......
companies took 5th, and lead but not a problem for me.
the proposed plan for LAC, easy to understand and easy to put into practice.
will understand, the foundation sim Volpert provides services in markets, investing in markets, each company is totally different and requires a specific and concrete plan, after my study with the case of LAC, I propose what I consider best for the company and the markets .
I think my work is honest and acceptable.
thanks.
Offline
October results
AFP: portfolio "value": 97016.06 Revenue: 288.04 (0.3%) Dividends paid: none
FAM: portfolio "value": 201542.72 Revenue: 292.07 (0,14%) Dividends paid: none
AON: no data available
ANG: portfolio "value": 94770 Revenue 75 (0,07%) Dividends paid: none
VLADA: portfolio "value":102739.46 Revenue 686.88 (0,66%) Dividends paid: 686.88
Total revenues for all 5 companies: 1342.62
Thesis: Unbonbom's company portfolios are his very own bad banks, mostly worthless shares of defunct companies. The calculated values are completely unrealistic.
unbonbom Aabye received just for his holdings in SAS and VSIF 1741.17 L$.
Dividend from SAS: 799.50 (15990 shares)
Dividend from VSIF: 941.67 (62778 shares)
Maybe he is more clever than I consider him, keeping the good investments private and "donating" the bad shares to his shell companies.
unbonbom, you needn't to resopond, I hope one of your "many" content shareholders will do, lol.
Last edited by AnjaDrevnerussky (2009-11-14 03:37:30)
Offline
AnjaDrevnerussky wrote:
October results
AFP: portfolio "value": 97016.06 Revenue: 288.04 (0.3%) Dividends paid: none
FAM: portfolio "value": 201542.72 Revenue: 292.07 (0,14%) Dividends paid: none
AON: no data available
ANG: portfolio "value": 94770 Revenue 75 (0,07%) Dividends paid: none
VLADA: portfolio "value":102739.46 Revenue 686.88 (0,66%) Dividends paid: 686.88
Total revenues for all 5 companies: 1342.62
Thesis: Unbonbom's company portfolios are his very own bad banks, mostly worthless shares of defunct companies. The calculated values are completely unrealistic.
unbonbom Aabye received just for his holdings in SAS and VSIF 1741.17 L$.
Dividend from SAS: 799.50 (15990 shares)
Dividend from VSIF: 941.67 (62778 shares)
Maybe he is more clever than I consider him, keeping the good investments private and "donating" the bad shares to his shell companies.
unbonbom, you needn't to resopond, I hope one of your "many" content shareholders will do, lol.
you look at what's right, your interest in criticizing poor is evident, not today, but for a long time.
you just look at this month when ace be closed.
not a secret monthly balance sheet, and you put it as something hidden and evil.
truly changes everything, and wants to do harm to, and do not understand his great interest in doing harm.
4 of these companies, were stolen by their former CEOs and saved by that I put my money on them. Where is the bad?
Avoid companies that 4 were deleted and the shareholders lose everything and that's good.
Today our situation is positive if compared to previous time gains and portfolios have small but exist.
it is not logical that I want to put a bad name really positive, very positive, I do not understand his great interest in pursuing.
anyone can learn the history of these 4 companies is not a secret.
I remind you that there are several companies in markets that have lost or lack of communication costs of their ceos sincerely makes no sense .... your comments.
to continuing with you talking no sense, is a liar, and seeks to pursue and destroy.
not to read, learn or build.
is only interested in doing harm, and a good work I do, you want that is not, and fill of lies and deceit the truth.
Gentlemen, I repeat one last time here ... existed 4 companies that are deleted and the ceos steal all the money I put money into companies and markets continue today, have every month a past and bright future with my management ... that is the reality.
but there are small groups of people that hate it. they prefer that companies disappear and people lose their shares and cash. What can we do with these people?
honestly, I try to explain reality several times here, I think most understand well what happens to some people here.
thanks
Offline
unbonbomaabye wrote:
We are all equal but we must try to build with logic, .....
Good idea. You start!
Offline
yaniklytton wrote:
unbonbomaabye wrote:
We are all equal but we must try to build with logic, .....
Good idea. You start!
thanks and welcome![]()
Offline
http://en.wikipedia.org/wiki/Logic
http://en.wikipedia.org/wiki/Symbolic_logic
From reading the above links the following mathematical equation can be inferred:
Mr Welcome & Logical Thinking = False
Offline
I like the ad on the links which says "Wikipedia forever!" Anyone else see a resemblance here?
Welcome forever! XD
Offline