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Major News Regarding The Above Network and AboveTopSecret.com


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Topic started on 26-7-2007 @ 07:57 AM by UM_Gazz


Major News Regarding The Above Network and AboveTopSecret.com


biz.yahoo.com

NEW YORK, July 26 /PRNewswire/ -- In conjunction with its tenth anniversary, The Above Network, the creators of AboveTopSecret.com, the leading source of serious discussion in the "alternative" category with over 3.25 million posts to date, announced today the completion of first-round equity capitalization. The undisclosed six-figure funding amount was provided by a private investment group attracted by the user-centric ideals of The Above Network and free expression advocacy of AboveTopSecret.com (ATS), the arm of the conglomerate where the expansion effort is targeted.
(visit the link for the full news article)


Related News Links:
www.prnewswire.com

[edit on 26-7-2007 by UM_Gazz]



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reply posted on 26-7-2007 @ 07:57 AM by UM_Gazz


There is much more in the above full article, please click the link and read it.

In our ever evolving alternative online community, changes are inevitable. The site owners (3 Amigos) are aways looking for ways to advance this community, provide improved features, exclusive content, and above all.. A place were people can gather to discuss, and explore a multitude of alternative topics, conspiracies, and theories. This news indicates an effort to continue that advancement, perhaps even accelerate it.

Exciting news, exciting prospects for the future.



biz.yahoo.com
(visit the link for the full news article)

[edit on 26-7-2007 by UM_Gazz]



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reply posted on 26-7-2007 @ 08:12 AM by InSpiteOf


I just hope these investors wont be influcing any board policy decisions. Otherwise Congrats to the staff and i cant wait to see what comes next out of ATS!



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reply posted on 26-7-2007 @ 08:24 AM by Crakeur


the management team remains the same.


tres amigos running the show
admins, super mods and mods doing their thing.

same crew.



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reply posted on 26-7-2007 @ 08:31 AM by elevatedone




*sing* We're movN on Up....


Great News,

thank you thank you thank you.



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reply posted on 26-7-2007 @ 08:34 AM by marg6043


Inspite of, I agree with you, due to my research on how corporate American works or may work and who this conglomerate absorb small growing business and lure entrepreneurs so they can absorb them to control everything they can.

Even when the tree Amigos will still be the same people that started this very good site, they will not be the main players anymore.

Because I am a conspiracies theorist and nothing more than just a member I am going to say that ATS will never be the same depending of the agendas of the one that are supplying the money.

As everything I may be wrong but I can also be right, time will tell.

We are living in troublesome times in our nation and anything has to be taken with a lot of care specially when this board is so outspoken about politics, UFO and many other topics.



[edit on 26-7-2007 by marg6043]



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reply posted on 26-7-2007 @ 08:43 AM by TheDuckster


This is Great news!

Congradulations to our 3 Amigos for a job well done.

Thankyou UM_Gazz for the posting this.

This is another feather in ATS's hat.



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reply posted on 26-7-2007 @ 08:43 AM by deaman88


Congratulations?

We can only see how this pans out, as long as things get better then its a bonus.

***Please delete all data related to me before you leave the building***

Thanks



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reply posted on 26-7-2007 @ 08:44 AM by Crakeur


Originally posted by marg6043
Even when the tree Amigos will still be the same people that started this very good site, they will not be the main players anymore.



the three amigos have been replaced with three new amigos marg. Bill, Dick and Garlok the reptillian king from planet freebluch



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reply posted on 26-7-2007 @ 08:45 AM by bodrul


message to the three amegos

dont forgot us Small people when your at the top



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reply posted on 26-7-2007 @ 08:47 AM by Chorlton


Can I borrow a tenner, handsome sirs?? Grovel Grovel????



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reply posted on 26-7-2007 @ 08:54 AM by JIMC5499


CAPITALIST SELLOUTS!!!!!!!!!!!!!

Seriously though, Congratulations and Good Luck!



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reply posted on 26-7-2007 @ 09:07 AM by SkepticOverlord


Before I comment, and continue to comment, I want to remind everyone of a post I made a few months ago. It's relevant for two reasons,
1) It was created while we were deep in the development phase of designing "The Above Network, LLC"
2) It represents ideals that attracted the right kind of investors to our way of thinking
ATS = Altruism - Trust - Sincerity


Originally posted by marg6043
Even when the tree Amigos will still be the same people that started this very good site, they will not be the main players anymore.

We have equal shares of ownership, and our company charter demands that our combined ownership never dip below majority. Investors who care not to participate in such an environment need not inquire.


Originally posted by bodrul
dont forgot us Small people when your at the top

The Above Network, LLC and our core passion, AboveTopSecret.com is all about the "small people." Everything we've done, and everything we're about to do, is focused on bringing broader awareness of your contributions to the compelling topics on ATS.

Our core "unique proposition" is what ATS has always been, a "User-Generated Content Ecosystem" of diverse opinions on an impossible range of topics. Expanding the ecosystem to give each of our members a larger voice is our prime directive.


We knew this announcement would likely inspire new episodes of "drama" and doubt, but throughout our history we've been very transparent and this is no time to change. Deals like this take time, and we've been crafting business plans and strategies since December of 2006... and we've been in discussions with our ultimate investors since late March. If you've noticed any "policy changes" in that time that might appear to be catered to the type of people you fear being involved with ATS... let me know! 'cause... I can't think of any.

And one final piece of information. We often get serious offers of buy-out, and during our planning stages we gave serious consideration to a significant player who was offering the kind of cash that would enable three partners to pay off their mortgages, dance in the street, and take long tropical vacations. We declined because the deal would split our partnership and take control of ATS away from us. This is our passion... we're not going to let go.


[edit on 26-7-2007 by SkepticOverlord]



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reply posted on 26-7-2007 @ 09:12 AM by ambushrocks


Congratulations... this is really good news. I'm very happy that people still take interest in good initatives.

Juliet



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reply posted on 26-7-2007 @ 09:18 AM by pavil


Congrats on hitting the big time, I wish you continued prosperity.


.... On a side note, will we be able to use our ATS points to buy shares of the Above Network????????



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reply posted on 26-7-2007 @ 09:21 AM by InSpiteOf


Originally posted by SkepticOverlord
If you've noticed any "policy changes" in that time that might appear to be catered to the type of people you fear being involved with ATS... let me know! 'cause... I can't think of any.



I hope you didnt take my post in an offencive manner. I think by now you should know that most ATSers have a health dose of paranoia, and even though i havent been here long, i like ATS the way it is and would hate to see its content and membership comercialized.


This is our passion... we're not going to let go.

I think alot of the more "hardcore" ATS member feel the same way. Though none of us are offered any serious cash for our posts or stake in ATS. Good on you guys for sticking to your guns!



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reply posted on 26-7-2007 @ 09:22 AM by defcon5


Well it honestly makes me kind of sad to hear that some corporate entity is going to be influencing things here. But being a realist I am very happy for the staff as they have certainly worked to earn that position. So congrats to you all for your hard work and the job well done, you've assuredly earned it IMHO.



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reply posted on 26-7-2007 @ 09:26 AM by radioactive_liquid


congratulations...its nice to see and kinda inspirational to see people move into the big leagues since im in the infant stages developing a community based project site. as a side note, every time i see skeptic overloard's pic i keep thinking its tony soprano.



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reply posted on 26-7-2007 @ 09:33 AM by yeahright


[okay then nevermind]

[edit on 7/26/2007 by yeahright]



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reply posted on 26-7-2007 @ 09:39 AM by enjoies05


Originally posted by SkepticOverlord
This is our passion... we're not going to let go.


That is good to hear



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