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Avitar, Inc. (AVTI)

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Last Post: 1/6/2020 3:41:33 PM - Followers: 200 - Board type: Free - Posts Today: 0

Avitar, Inc.

Common Stock Dark or Defunct
OTC Pink No Information

Reporting Status Dark: Alternative Reporting Standard
Deregistered a/o Nov 30, 2010
Last time filing 1993!


OTC Markets Group's Policy Regarding Caveat Emptor

Caveat Emptor Logo

OTC Markets Group identifies securities with a Caveat Emptor symbol to inform investors that there may be reason to exercise additional care and perform thorough due diligence in making investment decisions for a particular security. The Caveat Emptor symbol is displayed in place of the OTCQX, OTCQB or OTC Pink marketplace designations and is distributed on market data feeds. The symbol is displayed wherever OTC Markets Group quote data is available. The designation is available to all market participants, including investors, broker-dealers, and clearing firms, so that they can make informed trading decisions.

Reasons Why a Caveat Emptor Designation is Assigned:

  • Promotion/Spam without Adequate Current Information — The security is being promoted to the public, but adequate current information about the company has not been made available to the public. Adequate current information must be publicly available during any period when a security is the subject of ongoing promotional activities. At such instances, as a matter of policy, when adequate current information is not made available, OTC Markets Group will label the security as "Caveat Emptor." Promotional activities may include spam email, unsolicited faxes or news releases, whether they are published by the company or a third party
    Investigation of Fraud or Other Criminal Activities — There is an investigation of fraudulent or other criminal activity involving the company, its securities or insiders. When OTC Markets Group becomes aware of such investigation, the company’s securities may be subject to Caveat Emptor
    Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt)
    Undisclosed Corporate Actions — The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available
    Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the company has not made adequate current information available to the public
    Other Public Interest Concern — OTC Markets Group has determined that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion, spam or disruptive corporate actions even when adequate current information is available
Be aware of the multiple promotions that have been done on this dirty shell.

AVTI Security Details
Share Structure
Market Cap 292,526 05/16/2018
Authorized Shares 800,000,000 05/15/2018
Outstanding Shares 731,314,846 05/15/2018
Restricted 427,944 05/15/2018
Unrestricted 730,886,902 05/15/2018
Held at DTC 729,294,826 05/15/2018

Thanks to the anonomous tipper who found this great bit of DD. Good read on what the GELMON and friends team does


Both Michael and Corey Gelmon are SCAM artists. Just know who you get in bed with is all I am saying. History is a good tell-tell sometimes of the future. These guys have a ton of history in penny scams is all I am saying.

Michael J. Gelmon has his own ugly past when it comes to penny stocks.

Michael J. Gelmon and his brother, Cory Gelmon, have been connected to some real scammy shells.

But I know you like LINKS , so here's the proof:

Protocall Technologies, Inc (PCLI)

http://investorshub.advfn.com/boards/board.aspx?board_id=8977

Avitar, Inc (AVTI)

http://investorshub.advfn.com/boards/board.aspx?board_id=7644

Epicus Communications Group Inc. (EPCG)

http://investorshub.advfn.com/boards/board.aspx?board_id=6138

Safeguard Security Holdings, Inc (SSHS)

http://investorshub.advfn.com/boards/board.aspx?board_id=1455

PaperFree Medical Solutions, Inc (PFMS)

http://investorshub.advfn.com/boards/board.aspx?board_id=3390

ALL major stinkers trading at almost worthless.

PCLI was another John Jarvis/Claude Eldridge connected shell.

AVTI and PFMS both had a very dirty connection to Corey Ribotsky.

Michael Gelmon and Cory Gelmon are both very close to Corey Ribotsky. Together the three of them formed the NIR Group.

Together in June of 2010, Michael Gelmon, Cory Gelmon, Corey Ribotsky, and Eagle Ridge Capital Corp (an entity controlled by Michael and Cory Gelmon) formed a Cayman Islands based entity called Haverstock Offshore Manager, LLC to use for the type of toxic financing deals that kill publicly traded companies.

http://www.sec.gov/Archives/edgar/data/1450748/000114036110030099/xslFormDX01/primary_doc.xml

The same type of financing that the group did using New Millennium Capital Partners II, LLC, AJW Qualified Partners, LLC, AJW Offshore, Ltd. and AJW Partners, LLC - collectively known as NIR Group.

More on the Gelmon / Ribotsky connections:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59591483

http://investorshub.advfn.com/boards/board.aspx?board_id=11792

Ribotsky is now having to deal with the Feds for his role in NIR Group fraud:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61365089


Eagle Ridge Capital Corp, an entity controlled by Michael and Cory Gelmon, was named in OSC litigation along with NIR Group in December of 2009 for their role in the stock manipulation of the TSX ticker, ELOC:

http://www.osc.gov.on.ca/en/26565.htm


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69953015


This was a simple search on Michael Gelmon. Seems he has a history of making every company go bust that he touches in pennyland.
 
 
This information posted by WarMachine and should not be changed without written consent from the named MODERATOR. Any additions to the ibox are to done BELOW this section per ADMIN.
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AVTI
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PostSubject
#26941   What? 777 01/05/20 04:15:18 AM
#26940   Looks like no reason 777 01/05/20 04:03:03 AM
#26939   Peeps buying this for what reason? The Prophetic One 10/22/19 01:38:03 PM
#26938   I’ve seen this go this several stages including dm57 10/22/19 01:19:53 PM
#26937   WOW....just LUV that volume, whatever the reason(s),,,,,, powerpak 10/22/19 12:07:52 PM
#26936   PUMP AND DUMP FRONT LOADING WarMachine 10/21/19 03:37:03 PM
#26935   Is there any reverse split? BuyLowSellHigh 10/21/19 02:03:42 PM
#26934   AVTI, SEC suspending tickers not sec compliant, this MoreThanWealth 08/01/19 10:08:38 AM
#26932   Yeah, 1 year ago the same bullshit was WarMachine 06/19/19 09:39:13 PM
#26931   3 straight days? Since 2/27 when there was WarMachine 06/19/19 09:30:22 PM
#26930   its been dead and has been dead..unless a moolamoola 06/19/19 09:24:32 PM
#26929   AVTI, yeah after doing all research for 3 MoreThanWealth 06/19/19 03:33:37 PM
#26928   just last September he was tied to this MoreThanWealth 06/19/19 01:00:59 PM
#26927   found this too, it just rings tho, but MoreThanWealth 06/19/19 12:57:05 PM
#26926   how is this still even trading tho? MoreThanWealth 06/19/19 12:51:49 PM
#26925   thank you, I see all that but do moolamoola 06/19/19 12:20:10 PM
#26924   Full Description MoreThanWealth 06/19/19 12:17:33 PM
#26923   I don't see any connections and the info moolamoola 06/19/19 12:04:57 PM
#26922   no I don't have any shares here, just MoreThanWealth 06/19/19 11:19:36 AM
#26921   I sold out of that today, hence why MoreThanWealth 06/19/19 11:18:33 AM
#26920   Your research sucks your gonna sell your shares Ilwupauly 06/19/19 11:17:51 AM
#26918   AVTI, yes its new, and all the research MoreThanWealth 06/19/19 10:51:36 AM
#26917   cant understand why this dead ticker keeps TA moolamoola 06/18/19 05:36:05 PM
#26916   this dead ticker has updated SS...and transfer agent moolamoola 06/18/19 05:29:04 PM
#26915   Total HOGWASH. Not valuable parent company for this WarMachine 06/18/19 01:04:43 PM
#26912   AVTI, doing some research it shows this is MoreThanWealth 06/18/19 11:23:21 AM
#26911   it needs a reason though for it to koolmc 05/10/19 02:03:19 PM
#26909   AVTI, SS updated! no change in SS, MoreThanWealth 04/12/19 11:34:17 AM
#26907   $AVTI $12M in volume all of a sudden, buffalo fan 03/14/19 02:44:43 PM
#26906   ATTENTION any newbie onlookers; AVTI is a known WarMachine 02/27/19 06:17:10 PM
#26905   does look very good on bid support but moolamoola 02/27/19 02:27:54 PM
#26904   AVTI, look how its trading, massive run coming! MoreThanWealth 02/27/19 02:09:59 PM
#26903   if shell sold, this could be a massive moolamoola 02/23/19 05:02:20 PM
#26902   Yeah, usually pops it up so they have WarMachine 02/23/19 02:54:09 PM
#26901   I think just T/A verified and SS updated moolamoola 02/23/19 11:51:54 AM
#26900   Does anyone know what is status of this buffalo fan 02/22/19 01:48:28 PM
#26899   Two trades for .10 moves it... heavyburden405 02/12/19 08:58:42 PM
#26898   Lots of updates to the SS on OTCMARKETS Ksweets101 07/09/18 11:59:18 AM
#26897   easy profits on this one. Made good WeihsJD 07/09/18 09:14:13 AM
#26896   I may grab some as well this week. WeihsJD 07/09/18 09:13:21 AM
#26895   Just a long time scam POS that someone WarMachine 07/08/18 03:08:32 PM
#26894   What’s up here may grab some abazaba375 07/08/18 03:05:41 PM
#26893   Gelmon? Or is it someone new? Ksweets101 06/15/18 08:30:06 AM
#26892   Owner is on maui st the moment I live Willwill 06/15/18 01:35:57 AM
#26891   TA verified share structure updates. Looks like management Ksweets101 06/13/18 11:09:10 AM
#26890   Manipulated junk stock. Dirty shell being used WarMachine 06/13/18 11:02:03 AM
#26889   A little pressure and .0006s look like they Ksweets101 06/13/18 10:19:37 AM
#26888   Pretty strange action here today- MMs cross traded Ksweets101 06/12/18 03:58:57 PM
#26887   Manipulators out of shares - can’t send us Ksweets101 06/11/18 02:29:39 PM
#26884   LOL Sounds about right for this POS WarMachine 06/11/18 12:37:12 PM
PostSubject