Friday, April 24, 2015 3:15:03 PM
on this board talking about avtc... but just to explain...
in my worthless opinion (and i have posted this on that board many times)...
avtc was a very boring legit vending machine publicly traded company with 15 million a year in revenues... for some unknown reason, i think.. they decided to make/create a revenue steam with there stock.... so they road the weed curtails (medbox espeicailly)
and pr'd that they were dealing w/ medbox to make a weed vending machine (maybe they made 1 or 2 for show, but never bothered selling it)... well of course in early 2013.. the stock went nuts, from 50 cents to 8 bucks....
to make a long story short and spare u the details... stock sinks back down in late 2013 to a buck.... they rinse & repeat the process with medbox in early 2014, during weed craze 2... stock again goes from a buck to 6 bucks in a day...
all the while they issued some very iffy statements with regards to sales.... they said sales were going up... instead sales dropped like a rock from 15 mill to 4 million... and they decided to delist, stop issuing qrtly reports and happily make a fortune pumping the stock....
have they gone legit now... and are changing??? i doubt it... i believe there most recent pr is more of the same and unfortunately jamn is along for the ride... only, likely a handful of marley coffee machines have been made (they pr'd thousands ?!?!?!) only to keep appearances.....
good luck to all
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