Atlantis Technology Group's Subsidiary Global Online Television Corporation Has Entered Into a Merger Agreement With a Publicly
28 Junio 2010 - 8:00AM
Marketwired
Atlantis Technology Group's (PINKSHEETS: ATNP) subsidiary Global
Online Television Corporation has entered into a merger agreement
with a publicly traded entity. At this time due to the
confidentiality of the agreement we are unable to release the name
of the publicly traded entity.
The proposed merger agreement conversion ratio is one share of
Global Online Television Corporation for one share of the public
entity. The closing price per share of the merging public entity as
of June 25th, 2010 was $0.99. The completion of the merger is
scheduled for July 19th, 2010 after the spin off; all additional
information concerning the merger will be released by both
companies.
For up to date information concerning the spin off and merger of
Global Online Television Corporation along with a brief explanation
of what this means to shareholders please visit
http://www.atlantistechnologygroup.com/gotvspinoff.html
About Global Online Television Corporation (GOTV)
Global Online Television Corporation was originally established
by Atlantis Technology Group as a media subsection that would
develop research in the advancement of media-based technology. GOTV
brings the largest Internet protocol television networks together
for your home television viewing. IPTV is TV to TV, using standard
broadband connections. By using the IPTV and Microsoft Windows
Media Player, the video stream is delivered to your home television
over broadband Internet connection. Any broadband Internet
connection can be used, so there is no need to change providers. It
is fast, simple, and affordable. To find out more about Global
Online Television please visit http://wwwgotvco.com
About Atlantis Technology Group
Atlantis Technology Group was formed to develop privately held
and publicly traded technology companies that focus on high-growth
investments at the leading edge of business and technological
innovation. http://www.atlantistechnologygroup.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This release contains forward-looking
information. Statements that are not descriptions of historical
facts are forward-looking statements provided under the "safe
harbor" protection of the Private Securities Litigation Reform Act
of 1995. These statements are made to enable a better understanding
of our business, but because these forward-looking statements are
subject to many risks, uncertainties, future developments and
changes over time, actual results may differ materially from those
expressed or implied by such forward-looking statements. Examples
of forward-looking statements are statements about anticipated
financial or operating results, financial projections, business
prospects, future product performance and other matters that are
not historical facts. Such statements often include words such as
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"estimates" or similar expressions.
These forward-looking statements are based on the information
that was currently available to us, and the expectations and
assumptions that were deemed reasonable by us, at the time the
statements were made. We do not undertake any obligation to update
any forward-looking statements in this report or in any of our
other communications, except as required by law, and all such
forward-looking statements should be read as of the time the
statements were made, and with the recognition that these
forward-looking statements may not be complete or accurate at a
later date.
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