ATNG Announces Turn Around.Business Editors FENTON, Mich.--(BUSINESS WIRE)--Feb. 26, 2004 ATNG Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ATNG) announced today that significant progress has been made managing legal issues and settling debts. "We are making steady improvements in our legal and financial situation," says Robert Simpson Robert Simpson or Bob Simpson may refer to: British:
received by inheritance. inherited achondroplastic dwarfism see achondroplastic dwarfism. inherited combined immunodeficiency see combined immune deficiency syndrome (disease). from our predecessors, there is approximately $1,000,000 old debt remaining on the books. Approximately $250,000 of that is in the settlement process and could be settled within a few weeks. The remaining $750,000 is debt that we cannot validate and allege To state, recite, assert, or charge the existence of particular facts in a Pleading or an indictment; to make an allegation. allege v. to be fraudulent and egregious e·gre·gious adj. Conspicuously bad or offensive. See Synonyms at flagrant. [From Latin . We are therefore challenging those debts in court," continues Simpson. "We have paid and will pay every valid invoice upon receipt and challenge those creditors whose claims cannot be validated." "We have reached the point where we can see the remaining debts being settled quickly and the legal issues turning in our favor. We will continue to pay all creditors upon receipt of valid claims as we have in the past," concludes Simpson. About ATNG ATNG has several high value strategic alliances of profitable or soon to be profitable companies in the works. Our web site provides a communication link to those interested in our progress. Web site: www.atnginfo.com Contact information: ir@atnginfo.com Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. |
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