Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ATCO -- Breakthrough in Sound Reproduction -- Ignore unavailable to you. Want to Upgrade?

To: Savant who wrote (2015)	9/4/2008 10:10:56 AM
From: croesus6bc	Respond to of 2062

Ah, another PR issued by ATCO and posted by savant Just Remember: Founding chairman and legendary inventor Elwood G. "Woody" Norris has developed a reputation for hyping the company and using "pump and dump" tactics to keep investor money flowing into an unprofitable company that has lost roughly $37.5 million over the past seven years. . ATC has also been criticized for giving a lucrative bonus and stock options to Norris's son, Mark. . Saying "just when we thought we had run out of reasons to make fun of American Technology Corp.," TheStreet.com columnist George Mannes reported the details in his Feb. 6 edition of "The Five Dumbest Things on Wall Street This Week." . According to Mannes, the combination of the bonus (19,000 shares of common stock) and stock options was valued at upwards of $200,000, but was not revealed to shareholders until the company issued an amended annual report. sandiego.com