Atlantis Internet Group Completes Audit to Become a Fully Reporting Company
November 29 2010 - 6:30AM
Marketwired
Atlantis Internet Group, Corp. (PINKSHEETS: ATIG) has completed its
financial audit and is ready to move forward with its plans of
being a fully reporting company. The Southern California based CPA
firm of R.R. Hawkins has just completed a two year audit, and is
expected to deliver the final report to ATIG this week. With the
completion of the audit, ATIG will now move expeditiously to file
S-10 papers with the SEC and become a fully reporting company, thus
moving off the Pink Sheets and moving up to the OTC Bulletin Board.
This move comes at a critical juncture as ATIG has set out an
ambitious agenda for the year, and believes that such a move will
only help in its ability to achieve its short term and long term
goals.
With the National Indian Gaming Commission (NIGC) Opinion
granted to ATIG in late 2009, the company is poised to be the first
company to offer legal Intertribal online gaming to Casinos on
Indian Lands. ATIG will also offer the Commercial Casinos private
gaming networks once Intrastate Internet Gaming pending legislation
either Federal or State is approved. With ATIG's recent landmark
Poker deal, the Tribal Gaming Network (TGN) will launch the first
nationwide Poker Network in the United States in January 2011. A
demo of that online poker can be found at
www.atlantisinternetgroup.com/tgn. The company is currently in
negotiations with Tribes from coast to coast who are seeking to
take advantage of the UIGEA exemption for Internet Gaming on Indian
Lands. With its headquarters located in Las Vegas, ATIG is also
strategically located to supply the ever changing gaming market
with server based technologies in both the Commercial and the
Indian Casino markets.
The company's profit centers will be based on a revenue share
with Tribes, Vendors and Commercial Casinos using ATIG's products
and networks. In a current economical climate casino owners must
take their products to the customers, by utilizing creative
marketing methods online to drive traffic into the land based
casinos. "ATIG's product line will help them bridge the gap between
land based and online casinos," states Donald L. Bailey,
President/CEO of Atlantis Internet Group, Corp.
Forward-Looking Statements
Any statements made in this press release which are not
historical facts contain certain forward-looking statements; as
such term is defined in the Private Security Litigation Reform Act
of 1995, concerning potential developments affecting the business,
prospects, financial condition and other aspects of the company to
which this release pertains. The actual results of the specific
items described in this release, and the company's operations
generally, may differ materially from what is projected in such
forward-looking statements. Although such statements are based upon
the best judgments of management of the company as of the date of
this release, significant deviations in magnitude, timing and other
factors may result from business risks and uncertainties including,
without limitation, the company's dependence on third parties,
general market and economic conditions, technical factors, the
availability of outside capital, receipt of revenues and other
factors, many of which are beyond the control of the company. The
company disclaims any obligation to update information contained in
any forward-looking statement. This press release shall not be
deemed a general solicitation.
Contact: Linda Bailey 717-652-8015
http://www.AtlantisInternetGroup.com
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