ATNO.OB (Atlantis Technology Group) is the new "Pennies to Dollars" stock pick.

Pick price: .0012


Atlantis has recently began its search for a possible acquisition or potential
reverse merger candidate. (see press release below)


Atlantis Technology Group Board of Directors Is Reviewing Several Possible
Acquisitions
Monday March 2, 2009, 9:09 am EST

http://finance.yahoo.com/news/Atlantis-Technology-Group-iw-14510094.html


Taken from the press release:

The Board of Directors is conducting due diligence on all the potential
companies for future acquisition. The Board of Directors states, "As we continue
our due diligence, we are working towards an LOI and potentially a completed
acquisition by the end of the 1st quarter of 2009."



Also the CEO has purchased several million shares on the open market during the
last couple of weeks.


As of September 30,2008 the number of outstanding shares was 185,165,600.


"Pennies to Dollars" opinion:

In the opinion of "Pennies to Dollars" ATNO (depending on the type of company(s)
that they eventually decide to acquire) still has the potential to be a
multi-bagger pick from current trading levels. Based on the relatively low
outstanding shares; a pps ranging from .005 - .01+ cannot be ruled out depending
on forthcoming news, volume, and/or hype surrounding this stock.



PLEASE NOTE:

"Pennies to Dollars" stock picks are generally high risk /
speculative short term stock plays. IF you choose to play ATNO;
choose your entry/exit points carefully.


Information provided in this profile/update is the express opinion
of "Pennies to Dollars".


We ask that our members and anyone that views our stock profiles,
updates, and forums always do their own due diligence BEFORE
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in exchange for this stock profile/update.

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imo

pennystocks_rule

Administrator