Avitar, Inc. (AVTI)

[Monroe1]

yeah, makes you wonder who the rules are for.... hope all is well with you. Have a great weekend.

[Renee]

Ever seen the TV series The Walking Dead? Well, that's what happens to most OTC stocks that are not compliant with Amended Rule 15c2-11, ie., inadequate (or no) disclosures.

The exceptions are cult stocks like any of the George Sharp putrid stinkers that somehow hang on, and on, and on, in lieu of any common sense.

[Monroe1]

It's been a year and some tickers are still trading that should have gone bye bye. What is the latest on these?

[Biggy123]

Whats going on here. Anybody know?

[JP313]

Gotcha to certain CE tickers may still be available for purchase?

[Renee]

Once RULE 15c2-11 becomes effective in Sept. 2021 all OTC stocks that lose compliance to the Rule (ie., inadequate and incomplete disclosures) will lose market maker representation, ie., no quotations.

Brokers can elect to place stocks that are not currently compliant with Rule 15c2-11 on liquidating trades only....no buy orders accepted.

[JP313]

Can shared that's held by dtc be traded freely?

[JP313]

I thought TD already made this chznge?

[powerpak]

SURPRISE.....AVTI LOOKING MIGHTY GOOD....WHAT'S UP????

[Renee]

AVTI: As of May 25, 2021, TD Ameritrade will restrict orders in Caveat Emptor designated OTC securities to liquidating trades only.

A Caveat Emptor security is a designation the OTC Markets Group places on a security after a determination was made surrounding the company that there may be potential risk to investors which include a questionable stock promotion, known investigation of fraudulent activity committed by the company or insiders, regulatory suspensions, or disruptive corporate actions, among other reasons.

The current list of Caveat Emptor restricted securities is below as of April 12, 2021 and is subject to change at any time.
Please visit www.otcmarkets.com for additional details and real time Caveat Emptor desiginations.

https://www.tdameritrade.com/retail-en_us/resources/pdf/cesecuritylist.pdf

[KILLERMIKE]

Dyslexic search LOL, looks like we do have some movement here, not sure what is going on behind the scenes, OS is not bad.

[WarMachine]

WRONG BOARD! This is not Activision

[KILLERMIKE]

Got a buy in at .0003

[KILLERMIKE]

Old analysis, but could be viable if they get current soon.

[KILLERMIKE]

https://seekingalpha.com/article/4296752-activision-blizzard-potentially-compelling-long-opportunity

[KILLERMIKE]

Volume picking up

[StarGazer13]

Any news here? Up over 70% today . . .

Hidden gem in my portfolio?

[prislea]

me too :)

[abazaba375]

I’m in

[dm57]

Still goin

[WarMachine]

Well, it is a DEAD POS but the good news is that the Authorized shares are almost maxed out. Won't be any company dumpage, just front loaded flippers is who will be unloading if some hype gets generated around this junk stock.

Be quick if you're gonna dare to play with it.

[powerpak]

...seems that way, we shall see....AVTI ?????????????????????????????

[dm57]

We alive again???

[WarMachine]

Wash trading. Entity swapping tax write-offs.

[powerpak]

reasonable volume for a dead stock like AVTI....??????????????????

[777]

What?

[777]

Looks like no reason

[The Prophetic One]

Peeps buying this for what reason?

BUY some $IKT0 they reduced the OS by 15 BILLION to just 500 MILLION!


$AVTI

[dm57]

I’ve seen this go this several stages including name and ticker changes - would luv to see it take off so I can get out

[powerpak]

WOW....just LUV that volume, whatever the reason(s),,,,,,
Keep it up AVTI investors and then maybe a MIRACLE will occur and NEW TERRIFIC AND CONFIRMED NEWS for AVTI might be issued....??????

[WarMachine]

PUMP AND DUMP FRONT LOADING

The Caveat Emptor Designation may be assigned when OTC Markets becomes aware of one or more of the following:
•Promotion — The security is the subject of stock promotion that may be misleading or manipulative. Promotional activities may include news releases, spam email, and newsletters, whether they are published by the issuer or a third party. See OTC Markets Group's Policy on Stock Promotion.
•Investigation of Fraud or Other Criminal Activities — There is an investigation or other indication of fraudulent or other criminal activity involving the company, its securities or insiders.
•Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).
•Undisclosed Corporate Actions — The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.
•Other Public Interest Concern — OTC Markets Group may determine that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion campaigns (including third-party), unusual or unexplained trading activity, spam or disruptive corporate actions even when adequate current information is available.

[BuyLowSellHigh]

Is there any reverse split?

[MoreThanWealth]

AVTI, SEC suspending tickers not sec compliant, this is one that is about to be halted!

[WarMachine]

Yeah, 1 year ago the same bullshit was tried. Updated OTC share structure and some hype. That hogwash got stomped on and it washed out back to .0001. Someone earned a few bucks and a few more bags got hung in some accounts. Wash rinse and repeat.

[WarMachine]

3 straight days? Since 2/27 when there was supposed to be a "massive run coming"?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147156662

At least the bottom line came to being a scam and SEC revocation.

[moolamoola]

its been dead and has been dead..unless a miracle comes along, it might have a new life..otherwise nada, everything is inactive

[MoreThanWealth]

AVTI, yeah after doing all research for 3 straight days, this ticker gonna be SEC delisted and going to greys! looks like cory and his brother scammed a lot of investors on a lot of tickers including BNYN,PFMD, and a few others! glad I am steering away from this!

[MoreThanWealth]

just last September he was tied to this

Detail by Officer/Registered Agent Name
Florida Profit Corporation
PREMIER MEDICAL GROUP, INC.
Filing Information
Document Number
P93000051019
FEI/EIN Number
65-0423029
Date Filed
07/16/1993
State
FL
Status
INACTIVE
Last Event
ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed
09/28/2018
Event Effective Date
NONE
Principal Address
1800 N.W. CORPORATE BLVD., STE 201
BOCA RATON, FL 33431

Changed: 08/05/2010
Mailing Address
1800 N.W. CORPORATE BLVD., STE 201
BOCA RATON, FL 33431

Changed: 08/05/2010
Registered Agent Name & Address
Corporate Creations Network Inc.
11380 Prosperity Farms Road
#221E
Palm Beach Gardens, FL 33410

Name Changed: 04/14/2016

Address Changed: 04/14/2016
Officer/Director Detail
Name & Address

Title MR

GELMON, CORY
1800 N.W. CORPORATE BLVD., STE 201
BOCA RATON, FL 33431

[MoreThanWealth]

found this too, it just rings tho, but it matches his full name and exact age!

Cory Gelmon, age 59

Landline number
[phone]

12 Park Mirage Ln, Rancho Mirage, CA, 92270-3800

[MoreThanWealth]

how is this still even trading tho?

ALBERTA SECURITIES COMMISSION - CEASE TRADE ORDER
Announcement | 10/20/2014
ALBERTA SECURITIES COMMISSION
CEASE TRADE ORDER

Citation: Re Avitar, Inc., 2014 ABASC 405 Date: 20141020

Avitar, Inc.

Background
1. Avitar, Inc. (the Issuer) is an OTC reporting issuer under Multilateral Instrument 51-105 Issuers Quoted in the U.S. Over-the-Counter Markets and has been an OTC reporting issuer since at least July 31, 2012.

2. The Issuer has failed to file any of the periodic disclosure required under section 146 of the Securities Act (Alberta) (the Act) since that date.
Decision

3. Under section 33.1 of the Act, it is ordered that trading or purchasing cease in respect of each security of the Issuer until this order has been revoked or varied.

20 October 2014

"original signed by"

Tom Graham, CA
Director, Corporate Finance

[moolamoola]

thank you, I see all that but do you have any evidence or links that provide these companies are still in business...I tried contacting but none seems available

[MoreThanWealth]

Full Description
Avitar, Inc. (Avitar), through its wholly owned subsidiary Avitar Technologies, Inc. (ATI), develops, manufactures, markets and sells diagnostic test products and hydrophilic polyurethane foam disposables fabricated for medical, diagnostics, dental and consumer use. During the fiscal year ended September 30, 2007 (fiscal 2007), the Company continued the development and marketing of point-of-care oral fluid drugs of abuse tests, which use the Company’s foam as the means for collecting the oral fluid sample. Avitar sells its products and services to employers, diagnostic test distributors, medical supply companies, governmental agencies and corporations. Through its wholly owned subsidiary, BJR Security, Inc. (BJR), the Company provided, until April 30, 2007, specialized contraband detection and education services.

Diagnostic Test Products and Drug Detection Services

The Company makes products and offers services for the diagnostic test applications. These products accounted for approximately 60% of the Company's revenue in fiscal 2007. The Company’s ORALscreen 4 and ORALscreen DRUGOMETER are oral fluid-based, rapid onsite assay systems for detecting drugs of abuse, such as opiates (including heroin, morphine, codeine and synthetic opiates like Oxycocone-Oxycontin, Percoset and Hydrocodone-Vicodin), cocaine (including crack), marijuana and methamphetamines (including Meth and Ecstasy). These tests are performed onsite and yield accurate results in a 5-15 minute period of time. In addition, Avitar offers ORALconfirm, an oral fluid laboratory test to confirm the results of ORALscreen tests, ORALscreenLab, a range of laboratory-based oral fluid drug screening products, and various other services to enable an employer to manage and control its drug testing program.

Foam Disposable Products

Avitar's Hydrasorb (Hydrasorb) wound dressing product is an absorbent topical dressing for moderate to heavy exudating wounds. These dressings have a construction that provides a moist wound healing environment, which promotes skin growth and closure. The Hydrasorb product is marketed by the Dukal Corp., Abbott Laboratories, Ltd. and other specialty distributors worldwide. In addition to the Hydrasorb line, the Company has custom-developed specialty wound dressings for the cardiac catheter lab market, as well as the Illizarov Dressing used for dressing external bone fixators in orthopedic procedures. Customers for these products include Smith and Nephew and Cardinal Health.

The Company continues to have applications for its technologies in a variety of other medical/consumer markets. They include a sinus dressing and a device used by astronauts for relieving ear pressure while in a pressurized space suit. Customers for these products include ArthroCare and National Aeronautics and Space Administration (NASA).

Avitar competes with Bristol Meyers Squibb, Johnson & Johnson, Smith and Nephew, 3M, Acme United, Varian Instruments, American BioMedica Corp., OraSure Technologies, Inc., Novacon, Concateno, PLC, Branan and Securetec Detektions-Systeme, AG.

[moolamoola]

I don't see any connections and the info and Avitar tech is not in service...you have better info you can share?

[MoreThanWealth]

no I don't have any shares here, just researching to find out if I will invest here or not!

[MoreThanWealth]

I sold out of that today, hence why I said I broke even! and yes its a scam that is why I alerted the SEC and so did another investor with their attorney! good luck to you tho!

[Ilwupauly]

Your research sucks your gonna sell your shares make a nickel profit and call the SEC SNITCH

[MoreThanWealth]

AVTI, yes its new, and all the research im finding shows that avti is the parent company of avitar technologies, maybe they gonna bring that company public through this ticker?

[moolamoola]

cant understand why this dead ticker keeps TA and SS updated? its been abandoned for long time...

[moolamoola]

this dead ticker has updated SS...and transfer agent verified since June 17? is that new?

AVTI
Avitar, Inc.

Common Stock
Overview
Quote
Company Profile
Security Details
News
Financials
Disclosure
Research
AVTI SECURITY DETAILS
Share Structure
Market Cap Market Cap
292,526
06/17/2019
Authorized Shares
800,000,000
06/17/2019
Outstanding Shares
731,314,846
06/17/2019
Restricted
427,944
06/17/2019
Unrestricted
730,886,902
06/17/2019
Held at DTC
729,294,826
06/17/2019
Float
700,000,000
08/17/2010

[WarMachine]

Total HOGWASH. Not valuable parent company for this dirty share dumping POS stock.