Spotlight Capital Holdings Inc. (SLCH)

[LouisDesyjr]

AvStar looks like it is dying

While they do have operations, from what I can tell, they have not filed SEC report since Nov 22, 2011. That report shows the company losing money, equity of negative $831K, and current assets of only $220K to cover current liabilities of $909K. (i.e. it looks like they do not have the cash to pay their bills).

The stock trades almost 'bottomed out' at $0.0003/share (quote system only goes to four decimal places), but even that is probably too high since the stock appears to have no value, and I expect never will.

In my professional opinion, the company should just file a Chapter 7 liquidation so people do not lose any more money.

Louis J. Desy Jr.
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