Atlantis Internet Group Corp. (PINK:ATIG) stock finished the last trading session with another unexplainable jump in the share price. Earlier today, the company issued its first press release for a long time now, which could extend the share price appreciation. 
Yesterday, ATIG opened the market with gap and then closed at $0.0075, which is a 36.36% increase in the closing price. It came on a huge but not spectacular trading volume of around 23 million traded shares. Resistance level is at $0.008 and if ATIG accumulates more volume today it could break it.
Before market open today, Atlantis Internet Group published a press release – the first one since November 2011. It announces that ATIG now offers for the first time legal Intranet gaming opportunities in the US as it has connected the first two Native American Tribal Casinos to its Tribal Gaming Network.
Regardless of the truth content of that announcement, the fact that it is the first of its kind for three months now could move the market today. A good reason to doubt is that OTC currently warns investors that no firm is making market in ATIG stock. Another is the company’s financial condition as of September 30, 2011 – about $85,200 in current assets against $1.78 in current liabilities, no significant long-term assets and no operating revenue.
Under the given circumstances, a market value of over $15 million, as estimated over the 2 Billion outstanding ATIG shares, looks too exorbitant to hold for that long.
