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Sunday, September 25, 2022

Atlas Technology Group Inc (OTCMKTS: ATYG) the Saxon Capital Group, Reverse Merger

Atlas Technology Group Inc (OTCMKTS: ATYG) is rocketing up the charts after the Company filed an 8k reporting the reverse merger of newly formed Saxon Capital Group, Inc., merged into ATYG which will be redomiciled from Florida to Delaware as well as conduct a name change with Saxon Capital Group, Inc., being the surviving entity. Previously we erroneously reported that Saxon Capital Group, Inc., dba Energy Glass Solar was merging into the Company. This was incorrect, a newly formed Company Saxon Capital Group, Inc. Is merging into the Company and it has nothing to do with Saxon Capital Group, Inc., dba Energy Glass Solar. 

Reverse merger SPACS can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars. Two recent RM runners that stand out are TSNP which went from sub pennies (where we first wrote about it) to several dollars per share. The other is HRBR which went from a few cents (where we first wrote about it) to $3 plus.  ATYG has certainly not disappointed so far rocketing up well over 100% on the Saxon Capital Group, Inc., 8k trading over 2 billion shares on the day on $1.6 million in dollar volume.  

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Atlas Technology Group Inc (OTCMKTS: ATYG) is and SEC filer and a perfect merger candidate with under $200k in liabilities and no convertible debt on the books. Atlas was incorporated in the state of Nevada in August 1996 under the name Pan World Corporation. In November 1999, the Company changed its name to Tribeworks, Inc. and redomiciled to the state of Delaware. In August 2007, the Company changed its name to Atlas Technology Group, Inc. In August 2015, the Company redomiciled to the State of Florida. In December 2015, the Company changed its name to Moxie Motion Pictures, Inc. In November 2018, the Company changed its name back to Atlas Technology Group, Inc. 

 

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ATYG

Since its Inception in August 1996, the Company has at various times been involved in the following business activities: software sales, provision of information technology application support services, distribution of energy efficient lighting products and movie production and talent management. By December 31, 2018, the Company had ceased all operations and had disposed of all its former operating subsidiaries. 

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ATYG is rocketing up the charts after the Company filed an 8k reporting the reverse merger into newly formed Saxon Capital Group. Reverse merger SPACS can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars. Two recent RM runners that stand out are TSNP which went from sub pennies (where we first wrote about it) to several dollars per share. The other is HRBR which went from a few cents (where we first wrote about it) to $3 plus.  ATYG has certainly not disappointed so far rocketing up well over 100% on the Saxon Capital Group, Inc., 8k trading over 2 billion shares on the day on $1.6 million in dollar volume. To be clear, ATYG is merging into a newly formed Company called Saxon Capital Group, Inc., that has nothing to do with publicly traded called Saxon Capital Group, Inc dba Energy Glass Solar as many on twitter are saying. We will be updating on ATYG so make sure you Subscribe to Microcapdaily so you know what’s going on with ATYG.

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Disclosure: we hold no position in ATYG either long or short and we have not been compensated for this article.

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