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Wednesday, 08/20/2014 3:24:57 PM

Wednesday, August 20, 2014 3:24:57 PM

Post# of 6816
AVTC issues False and Misleading Press Release regarding 2013 revenues:


1. AVTC 2012 actual revenues were $15.3 million:

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=103771


2. AVTC publicly forecasted 2013 revenues of $26 million:
http://ih.advfn.com/p.php?pid=nmona&article=55493868


3. AVTC stated that orders for the 2 months of 2013 already exceeded 2012 totals of $15.3 million:

http://ih.advfn.com/p.php?pid=nmona&article=56511719&symbol=AVTC

"Company management also stated that orders are already in hand for 2013 that exceed 2012 totals, and that the company conservatively forecasts $20 million in revenues for the current year."

yet

4. The Company issued a 2013 9 month quarterly report showing actual Revenues for the 9 months of 2013 of only $4.4 million:

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=115641



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