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 > 12.5 million

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Comment by rad10on Jan 21, 2021 8:43am

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Post# 32342991

RE:RE:12.5 million

Thanks Borne2run - enjoying takeover / takeunder offers on ATP and BPY. I guess the 12.5 million is a drop in the bucket (to quote sasha at divestor.com). All the best

borne2run wrote: It may go thru as is, but some are willing to bet that the final purchase price will be higher. Atlantic Power traded as high as US $3.06 today, 3 cents above the I Squared offer. J P Morhgan filed a 13 G/A report today, disclosing a position of 4.7 million shares. 30 million shares (US $90 million) is all that is needed to scuttle the deal. Divide that up among half a dozen hedge funds and the activists are in control.

32 million shares have already traded since the deal was announced.

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