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Atrinsic, Inc. (OTCBB: ATRN) Focused on Developing Subscription-Based Digital Music Platform Kazaa for Revenue Growth

Posted on January 11, 2012 by OTC Equity

Trading activity involving Atrinsic, Inc. (OTCBB: ATRN) remains at a massive clip as the consumer Internet marketing company has once again topped the 48 million mark in volume while shares have climbed as high as 0.0548 after closing Tuesday's session at 0.0389. While ATRN's share price has been climbing over the past week this is still the same company that recorded a 52-week high of 7.68 back in March 2011 and was as high as 2.70 in October before voluntarily delisting its common stock from NASDAQ due in part to their non-compliance with the minimum stockholders' equity requirement for continued listing on The NASDAQ Capital Market. ATRN has been hemorrhaging money for some time, having reported a $4.52 million loss for the three-month period ending September 30, 2011; this followed a reported net loss of $6.15 million for the three-month period ending June 30, 2011. ...

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