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the insiders are idiot savants period. three stooges got it? there will be no r/m w/ a mmj co. now b/c the shell is dirty been thrown to the grey sheets it takes $100k atty money to rectify and lot of time goes by.
AVNE when you want to do a forward split they will nail you every time i have seen. why these insiders didn't know this is beyond me!!! especially a forward split when you have only an empty shell and no income.
Benz is a big part of this problem, IMO. We will see.
OMG this is terrible... Avne and AEGY are the same business. We cant even dump our shares if we wanted to and who is gonna buy them anyways. I cant believe this news. This has to be one of the worst things that can happen to a stock and my portfolio. AEGY is crashing to. It is next to be suspended.
Ahh You would think Benz there lawyer would be on top of this.. I smell a possible lawsuit...
They did NOT take a controlling interest in AVNE. That is exactly the problem. If Henry Jan had possessed the mental horsepower to read and understand the legal documents that were signed, this suspension would not have happened.
Lol..this is terrible news. Not sure why anyone would own this stock
We will see What our buddy Henry jan>>>> Iequity has to say, since they took controlling interest... Time will tell...
I have 4 to get rid of anyway, maybe tomorrow but TU
All SEC suspensions are temporary. By law.
Everyone Relax. .The Securities and Exchange Commission (“Commission”)
announced the temporary
suspension
Any related symbol in any way shape or fashion and is be OUT.
are you saying skto should be sold also?
SEC suspension are never "minor". They kill stocks. AVNE will probably be on the Greys forever.
Thanks....sounds minor, but ya never know.
They've already decided, it's off to the Dirt sheets. Sorry, just the way it is.
It won't. By the time the SEC gets round to suspending, it's had quite enough of the company in question.
I think we'll see AVNE abort this transaction with IEquity. Whether that will satisfy the SEC remains to be seen.
Thanks guys.
Is there a link to SEC that describes suspension?
It was suspended by the SEC. There will be no trades for two weeks.
No trades at all today???
Maybe they are ready to do forward split as bid/ask is weird. see below.
Bid/Lots
0.00/100
Ask/Lots
2,000.00/0
Open/Prev Close
0.00/0.33
Clarifications do not get suspensions removed, the SEC had made its decision, and any associated symbol, I would be out of immediately
They'll learn....eventually . Not good , but hopefully lessons will move forward with them. None of the OTCs are to be trusted, sounds obtuse, but oh so proven.
Agreed. Not concerned about the impact on AEGY.
that was a FINRA-initiated trading halt for lack of current quote information much, much different than an SEC suspension and banishment to the greys.
Learn the difference between SEC trading suspensions and exchange halts:
http://www.sec.gov/investor/alerts/tradingsuspensions.pdf
http://www.sec.gov/answers/tradinghalt.htm
AVNE has been suspended, not halted.
There is no record of an SEC suspension of LVGI.
https://www.sec.gov/litigation/suspensions.shtml
You just might see some "clarification" but it won't matter.
AVNE has already been suspended. No going back and no do overs...
Grey Market trading March 19th.
Not true at all. LVGI was suspended a couple of months ago. Only lasted a day, and that symbol has taken off since then!
Iequity took stake in AVNE,skto, aegy.. Obvioulsy a communication error. We will see some sort of clarification...
Sometimes u have to throw something to the wolves...AVNE is done for as a publicly traded company true...hmmm if u were Iequity is that such a bad thing....seems like a plan to me
Well, yeah, being current wouldn't matter in the case of outright fraud, for example, but I'm confident that that's not what we have here (at least not on AVNE's part).
As you know, the SEC suspends for one of two possible reasons: delinquent filings or suspected fraud. AVNE is not a delinquent filer, so...
Aventura Equities Inc (AVNE)
WE WILL SEE............................but it appears not close enough at the moment.
"peace"
Suspensions are fatal. AVNE is done for.
Oh my. If AVNE is THAT closely connected to SKTO and AEGY, then they should indeed be worried...
Well if anyone should know You would... Thanks for clarifying...
Aventura Equities Inc (AVNE)
"Does that mean I'll never get any Yeti Honeybud Oiler? Damn"
LOL, 'janice shell.................just go to PharmaJames.com and order it now for delivery.....................this is of course if you've got a med. card, and are registered with the site and......................Currently residing in Ca.
"peace"
"Never, say Never"
Alot of times paperwork doesn't match perfectly to what the P/R...No biggie...
I guess it was a biggie for the SEC, though.
Aventura Equities Inc (AVNE)
I kepted a small portion, but if this can't be remedied I wouldn't mind the severing of this appendage as well...............moving on.
"peace"
Avne is done..history...kaput..someone please revive "jelly". Early finra mj casualty with many more to come.
One wonders. An interesting move indeed…
Does that mean I'll never get any Yeti Honeybud Oiler? Damn!
The SEC suspends a VERY small percentage of OTC issues. The OTC is a cesspool of frauds.... so when a ticker gets suspended...you can bet they have serious issues if they stand out in a sea of crap.
Aventura Equities Inc (AVNE)
"Plus, SKTO and AEGY have many more red flags - and false and misleading press releases."
...And the SEC knowing this, would just by-pass the kill shot to the head and come here to AVNE to inflict a wound to the leg...................YA RIGHT.
TO EACH HIS OWN............................belief that is.
"peace"
"It is more likely they've looked at all the players, and used their authority, where their authority was needed for clarification, hence AVNE...........until further notice."
Well, yeah, being current wouldn't matter in the case of outright fraud, for example, but I'm confident that that's not what we have here (at least not on AVNE's part). I guess we'll have to wait and see....
It's not official yet! Nothing has been signed off to make it official. So iequity can back out. So AVNE fights with the SEC. Iequity hands are free and clear. Get the facts straight. Do you dd and you'll see I'm right.
Being current on filings appears to have very little impact in terms of coming back from the grey market after a suspension...
...since only 2 or 3 stocks have done it in the past 5-6 years amongst many thousands of
OTC suspensions... and none of those ever came back to any meaningful success.
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