Atlas Technology Group Inc. (ATYG) Stock Sinking in Today’s Trading Session
Shares of Atlas Technology Group Inc. (PINK: ATYG) are sinking in Tuesday’s trading. At last check, the penny stock of ATYG was trading 13.79% lower at $0.0025, with volume up from daily average of 28.47 million to 62.46 million.
ATYG shares are sinking even as the company’s subsidiary, Racing Limos America, said that it expects to report a 50% sequential increase in first-quarter 2012 revenue.
James Albion, CEO of Atlas Technology, said that ATYG will be able to confirm the numbers in a few days and he is confident the estimates will prove the company has yet again shown a revenue increase.
Albion noted that ATYG is getting fairly steady stream of emails for franchise inquiries. He said that the most popular inquiries in the past 30 days have been for information on Los Angeles, Dallas, and Birmingham.
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