Atlas Pearls Ltd T.ATP

Primary Symbol: APCFF

Atlas Pearls Limited is an Australia-based pearling business company. The Company is a producer of South Sea pearls, specializing in white and silver pearls. The Company operates approximately seven pearl farms throughout the Indonesian archipelago, from the national park lands of Banyu Biru to Flores, and as far east as West Papua. The Company is a fully integrated business including hatchery, seeding, harvesting, grading, trading, design and manufacturing capabilities to sell directly to customers through wholesale partners and via its retail outlets. The Company provides a range of products, such as DOUBLE PEARL BRACELET, CAGE PENDANT, KESHI STUDS, VINE RING, SIMPLE SHEPHERD HOOK EARRINGS, TOP HAT PENDANT, SICKLE PEARL RING, NEOPRENE PEARL BRACELET, FLAT BUTTON STUDS, BUBBLED RING, NEOPRENE PEARL BRACELET, FIXED PENDANT, FILAGREE CUP STUD, FLOWER FILAGREE PENDANT, PAVED DIAMOND PENDANT, OPEN PETAL RING, SIMPLE SHEPHERD HOOK EARRINGS and CAGE PENDANT.

OTCPK:APCFF - Post by User

Atlas Pearls Ltd

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Comment by thomas35on Mar 25, 2011 8:48am

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Post# 18339191

RE: why ATP is down?

For every cent the Canadian dollar is higher then the US dollar ATP will sell for 15 cents less then in the USA where they hold 65% of the shares. At the present time that would be 38 cents less. They are selling for ~$15.00 in the USA which is down 40 cents this week. They are trading over 2 times the normal volumes. I guess some institutional investors were not happy with the last this weeks presentation. I was surprised that the new wind farm was not completely tied into the grid system yet!!!
The following link is an ATP institutional investors presentation. (trying to entice new institutional buying?).

https://biz.yahoo.com/e/110324/at8-k.html

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