Jammin Java Corp (JAMN)

[236T568]

good review of JAMN partner AVTC

AVTC is a scam company that has issued false and misleading press releases and issued fraudulent financials. It has failed to file the 10Q's for all of 2014 and now is late on filing the 2014 10K. Its Chairman has resigned, its President and CFO has resigned. They have been caught with self dealing transactions with the father of the Chairman. They have been caught with promoting the stock through research reports without identifying that it was AVTC and related parties that paid for the research.

Turns out they were booking fake revenues and were way low on the expense side in the original fraudulent financials that they issued. All have had to be RESTATED. Their auditors have issued a "Do not rely on all previously issued financials" comment.

Look for the SEC and DOJ to close scam company AVTC down

i hate wasting a post

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