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So the latest storyline is that Sanchez has been raising Capital for 2 years but still haven't generated any revenue.
"The Strategy:
Gold Quest Capital Incorporated merged with AVVH in order to raise additional capital in the public sector. The objective is to raise enough capital so that we may trigger more lines of credit, provide hard money loans, provide SBA lending, perform our own real estate investment development projects, and establish our own private bank."
They are raising capital behind the scene."
What happened to the bank they were going to Acquire?
I don't believe AVVH/Sanchez has raised any capital - if they have where is it in the financials - they can't hold it back until they raise the capital needed. They have to report the capital raised when it happens.
IG
More big talk from Sanchez.
What happened to the acquisition of a small bank?
From March 2022:
"In the near future, there will be a ticker symbol change, from AVVH, to GQC (or similar depending on what gets authorized)."
The name and ticker symbol change is taking a very long time.
How long has Sanchez been talking about a audited financials. That is a typical Cooley pump.
Same old pumping nonsense!
IG
AVVH shareholders, the attorney letter for our annual report will be filed soon. We are interviewing auditing firms and will initiate an audit of the company asap. We will provide more information on the status of the company soon and will provide regular updates going forward.
The OTC will catch them on the false filing....then will really have to fudge numbers because what did they do with all the money they got for shares....
?? They are current with filings. What are you talking about? You better hit the ask. Ain't getting any cheaper, con man
Where is that yield sign????? Gotta be coming.....
Sanchez should do us all a favor and dump this shell and move on.
I can cherry pick a different new source.
"July marked the 16th consecutive month of negative sales in the Houston market. Despite the 8.5% year-over-year decline in single-family home sales, this decline is the smallest since June 2022 when sales dropped by 7.6%."
Go back to the shareholder letter:
"The Strategy:
Gold Quest Capital Incorporated merged with AVVH in order to raise additional capital in the public sector. The objective is to raise enough capital so that we may trigger more lines of credit, provide hard money loans, provide SBA lending, perform our own real estate investment development projects, and establish our own private bank."
They are raising capital behind the scene.
You cannot deny that the economy has taken a downturn after AVVH was acquired. Look at the general stock market indexes. I am willing to bet they have had more difficulty in getting investor money than originally planned and that is the reason for the long silence.
The real estate market didn't take a downturn - so saying the economy took a downturn is a lame excuse and certainly not a reason for Sanchez doing absolutely nothing.
"July 7, 2022
Even though home prices in Houston are reaching record highs, investors are still snapping up properties almost as quickly as they are listed. According to the Houston Association of Realtors (HAR), sales volume of single-family homes is up over 4% year to date, with the lack of affordable housing creating more demand for rental property"
"Nationwide, commercial property buyers, sellers, and tenants are flocking to Houston commercial real estate to participate in the city’s fast-growing, resilient market."
Why hasn't Sanchez taken advantage of the Houston market. What happened to this:
"AVVH/Gold Quest Capital will also take advantage of select real estate redevelopment projects and is evaluating the possibility of creating its own integrated properties, including branded hotels and resorts"
"GoldQuest Capital, Inc., a Houston, Texas-based real estate lending company that specializes in first lien real estate mortgages in the residential, commercial, and industrial sectors. While its core operations will remain focused on first lien real estate mortgages"
From January 11, 2022:
"The company will also be filing a request for a name change and new ticker symbol with FINRA in the next few weeks."
So what happened to the name change - FINRA pretty much rubber stamps name changes - so it is very odd that it is still AVVH.
So far Sanchez is all big talk and no action. As they say in Texas - Sanchez is All Hat - No Cattle.
IG
There won't be any fireworks because Sanchez hasn't accomplished anything of value since he gain control of AVVH which was on April 26, 2021 which is 2 years and 5 months.
A few are making every excuse possible for Sanchez such as the economy is bad - but the real estate market has been on fire. And Sanchez hasn't taken advantage of the hot real estate market.
If Sanchez can't do anything now he won't be able to do anything in the future.
It is obvious that Sanchez is incompetent.
The biggest problem is if Sanchez wanted to be involved in the public market - why didn't he use Gold Quest Group which was already established instead he still has a empty shell.
IG
Hopefully it won't be a concern much longer if they follow through with the audit process.
Posting false financials is a problem for everyone jerkoff
No body cares what YOU abor. This company is not on your timeline. Schmuck
And i abhor incompetence...it has been big CF from the first PR....
Nothing has played out even remotely for the clown crew
Chill, bro. I'd probably just buy your shares at this price and wait for the fireworks. I don't think you'll get them much cheaper than mid-teens. You'll still make bank. Your game is played out.
Liking taking cash for preferred shares and not recording $145,000 anywhere on cash flow statement or anywhere else in financials....these guys are fucking clowns...
AVVH shareholders, the attorney letter for our annual report will be filed soon. We are interviewing auditing firms and will initiate an audit of the company asap. We will provide more information on the status of the company soon and will provide regular updates going forward.
If it walks like a duck, and it quacks like a duck, most likely, it’s a duck. He has not shown any other reason for this to go down other than them not executing.
The economy took a downturn since the merger. I can only imagine it has been harder for them to raise the outside capital they were seeking.
I am in the dark as everyone else for the reasons of delay and silence.
I just don't believe this is a scam as some lay claim to.
No action has taken place to show this is a scam. Silence is not proof of being a scam.
Something is happening behind the scenes and they must now be getting close to revealing it.
Seriously?
Read the messages posted earlier today.
What about the one last year talking about being the bank?
Lmfao....they can't even publish accurate unaudited financials
Yeah....the revenue section does not look correct... that's why they need an auditor...hehe.
For them to want audited financials...that does give a potential clue of a future merger which the new old guy has been referring to.
Let's see how the story unfolds in the coming months.
AVVH also stated the folliwing on Twitter (X):
"Gold Quest Capital
@GoldQuestCap
Jun 27, 2022
$AVVH shareholders, the first loans will be going into the company in July and will appear in the 1Q 2023 period ending Aug 30. We know the wait has been frustrating. We had many legal issues to work through and we are finally ready to move forward. Thanks for bearing with us."
That was from June 27, 2022 and there still hasn't been any revenue reported.
This is odd in the Annual Report there isn't any revenue but there is COGS of $60,000 and GSA of $58,000 and then say the Gross Profit is $2,000.
These clowns are so incompetent they can't file a financial statement that is accurate.
There will never be audited financials and they will never be a SEC reporter.
IG
If you look at the New Issuance in the Annual Report there are 32 in 2023 from 03/31/2023 to 04/25/2023 of Series B Preferred Shares.
Series B Preferred convertible into 100 shares of common stock. This means there is going to be massive dilution.
IG
Per a Twitter update today...they are moving towards audited financials.
Twitter update today.
"shareholders, the attorney letter for our annual report will be filed soon. We are interviewing auditing firms and will initiate an audit of the company asap. We will provide more information on the status of the company soon and will provide regular updates going forward."
That isn't accurate because Carey Cooley was the man behind the curtain - if you had researched the SSM hijacked shells you would have found that Cooley was involved with them in some way.
Kareem Mansour was a puppet for Cooley. Cooley has been hijacking shells for many years.
"SSM is irrelevant.
They were basically a broker selling stock shells to companies. Once they sold the shells, their involvement was finished."
Cooley is still involved with AVVH and Kareem Mansour was just a puppet for Cooley.
IG
I think the story unfolded. Miguel let this crash from like .03 to nothing. He brought no value. Colossal failure here.
SSM is irrelevant.
They were basically a broker selling stock shells to companies. Once they sold the shells, their involvement was finished.
SSM may be dissolved but that has no effect on the companies now running those former shells.
Yes...they did sell some shells to some really bad companies.
The jury is not out yet with AVVH. AVVH is just dormant from a shareholder perspective. The share structure has not changed. AVVH cannot control the public trading of the stock. The share price has not declined due to any dilution.
I have contacted the TA and they confirmed no new shares can be introduced into the float without going through them. The share structure has not increased since the merger.
Yes...there are preferred shares that can convert into commons but as you stated before, that cannot happen until some month in 2024.
We continue to wait for the story to unfold here.
They filed false lying inaccurate crap....otc will catch it....and make them amend
So you own about 60,000 shares - I am assuming a $100 dinner.
If the price goes to $0.01 you will profit $500.
If you truly believe in AVVH then increase you investment to a total of $1000.
But do your own DD and see if you find any proof that AVVH is going to anything to get investors excited.
But always remember that AVVH is a share selling scheme - so play the price action and always take profits and never believe the company hype.
With Cooley involved I expect a attempt to do a pump and dump.
But there might be a problem since SSM took their website down and all of their shells have failed but if you believe AVVH is different - then invest enough to make some money.
IG
Should be around 10/15/23.
The just filed the Annual Report on 08/29/23 and it wasn't much to be happy about.
IG
Guessing we will see new fins posted at some point
I certainly did not fell in love. More like I spent the equivalent of a dinner out and then forgot about it for the most part. If it runs so be it. If not, well I will give it a bad YELP review.
You can make money on a scam but investors like you fall in love with scams like AVVH and then are married to it.
Play the price action and always take profits.
The only way to trade penny stocks that use message boards, social media (Twitter - Facebook), forward looking press releases, pumping 8-Ks and paid promotions is to just consider them all to be scams and just trade them do not invest in them. You'll lose 99% of the time if you believe the hype.
What you call bashing are actually facts I posted to expose the scam.
There still isn't revenue and Sanchez promised that revenue was going to be in the financials.
"Gold Quest Capital
@GoldQuestCap
Jun 27, 2022
$AVVH shareholders, the first loans will be going into the company in July and will appear in the 1Q 2023 period ending Aug 30. We know the wait has been frustrating. We had many legal issues to work through and we are finally ready to move forward. Thanks for bearing with us"
That wasn't in the financials (actually ending on August 31st not August 20th). And it still isn't in the financials and those are cold hard facts.
IG
So, you helped your "friend" profit from what you call a scam and then make it your obsession to bash it? Why is that, so your "friend" can rinse and repeat? When I entered the stock in 2021 you were not in here posting non stop. Also, not once have you seen me pump this. Please show me one post. So, I ask again, what is your motivation to spend such valuable time here?
Here is a history lesson for you. I March of 2020 there were 3 obvious pumping press releases as they were filed as 8-Ks which is meaningless for AVVH because they aren't a SEC filer.
I told a friend of mine that he should buy but only invest around $5000 and his average was $0.0005 and it went to $0.10 on the initial SSM pump and he got out at on a average of $0.05.
I have know about Cooley for years and his pumping crew ran a stock to $2.50 before he started the SSM hijacking - they hijacked about 10 shells and all have failed. And Cooley is now Persona Non Grata.
So you are late to the party.
IG
What a dummy I have been here a long time.
You OTC noobie investors are too funny - what are you doing going the little pumper boys - the Daisy Chain Gang.
Are you just now investing in this scam - you should have done some research.
You do understand that AVVH is a shell that was hijacked by SSM Monopoly - where Carey Cooley was behind it - he is a serial scammer.
You don't know anything about this ticker pumper boy.
IG
Been calling this for quite some time....pumpers did not want to hear it
Well thanks for your late arrival HERO... You clowns always show up like flies well after the major damage is done. You aren't helping much once the PPS is so low most will only lose lottery ticket money.
I don't care about those already married to the stock - I guess you only want pumping 247.
I want new investors to have all of the facts and not just the pumping nonsense - so they don't lose their investment.
IG
If they deserve to lose their investment why do you waste your valuable time trying to "save them"? You must have a motivation.
Anyone investing in AVVH deserves to lose their investment.
There are 15,326,500 outstanding shares of Series B Preferred stock. And the Series B Preferred converts into 100 shares of common stock.
That is 1,532,650,000 shares of common stock.
All of the SSM hijacked shells have failed. And AVVH has failed - Carey Cooley is a serial scammer and he is the Secretary, Director, Supervisory Board. Plus Cooley owns 1.5 Million shares of the Series B Preferred stock which is 150 Million Shares of Common stock to dump. Cooley can convert the Series B stock on 04/25/2024. Cooley and Sanchez are certainly gifting themselves and the other insiders a great deal of stock and they haven't done anything to earn it.
The insiders are doing wash trades and spoofing to create a fake run. So they can dump shares on novice investors who are true believers.
You failed to mention that the price is down 98% since the initial pump. Most were caught chasing and holding and are now underwater.
IG
Yeah maybe they Can Explain why $150000 is missing from their financials.
AVVH updated their Twitter address on OTC Markets on Aug 29. Public updates may be coming soon.
Proposed Dates for Merger and Recent Company Activities
Houston, TX - (NewMediaWire) - November 18, 2021 - AVVAA World Health Care Products, Inc. (OTC PINK: AVVH) provides shareholder updates for the following recent company activities. Mr. Miguel Sanchez, CEO, states, “We have successfully integrated our new management team into our company infrastructure and will continue to add new key executives in the coming months. During the past 60 days, we have finalized the company strategy to focus as the funder of choice for highly collateralized real estate first lien notes and real estate investments sourced and originated by the Gold Quest Group, LLC. The company also plans to fund loans with other real estate brokers that provide opportunities that meet the company’s established funding criteria. Our management team has finalized a proposed merger date for AVVH/GoldQuest Capital for mid-December 2021, shortly after our current reporting period ends. Once the merger is complete, we will be applying to FINRA for a name and symbol change as soon as reasonably possible.”
The company is in the process of expanding its service offerings and has been laying the groundwork to utilize government programs like SBA, USDA, EXIM bank, and HUD guarantees to help more small businesses access capital.
After evaluating several firms, the company has finally settled on its legal counsel and accounting firm to handle its public compliance post-merger.
Mr. Miguel Sanchez concludes, “Given that we have received a significant amount of interest in our company, we are in the process of selecting an Investor Relations company to inform and respond to our shareholders and other interested parties. Of key importance to our shareholders, the company has no plans for a reverse split.”
About AVVAA World Health Care Products, Inc.
AVVAA World Health Care Products, Inc. is an OTC shell company with no current operations. The company is planning to merge with GoldQuest Capital, Inc. and plans to change its name to GoldQuest Capital once the merger is complete.
About GoldQuest Capital, Inc.
GoldQuest Capital is an early-stage company whose primary purpose is to fund real estate loans and redevelop select existing real estate assets to beautify communities and create new jobs. GoldQuest Capital’s redevelopment projects will include multi-family residential, commercial, industrial, and heavy industrial real estate.
For more information about GoldQuest Capital visit - www.goldquestcapital.com or contact the Company directly at 1-786-473-1255. Make sure to follow the company on Twitter at www.twitter.com/goldquestcap.
Contact Information:
Shareholder/Investor inquiries for AVVH/GoldQuest Capital can be directed to:
Omnis Public Capital Management LLC
1-786-473-1255
ir@goldquestcapital.com
info@avvaaworldhealth.com
Houston, TX, June 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- AVVAA World Health Care Products, Inc. (OTC PINK: AVVH) announces it has been acquired by Omnis Public Capital Management, LLC. AVVH has signed new and revised board resolutions that officially create new management and approves the new direction of the Company. Mr. Miguel Sanchez, CEO, states, “We are excited about the new direction of AVVH, and we are confident that our management team will fulfill the requirements of restructuring the company to create long-term shareholder value. There are many administrative tasks to accomplish that will take some time, but we will perform these items as quickly as possible so that we can move forward with our new operating strategy.”
Omnis Public Capital Management plans to merge AVVH with the newly created company, Gold Quest Capital, Inc. The primary purpose of AVVH/Gold Quest Capital, Inc. will be to act as the funder of choice for highly collateralized real estate first lien notes and real estate investments sourced and originated by the Gold Quest Group, LLC. AVVH/Gold Quest Capital will also take advantage of select real estate redevelopment projects and is evaluating the possibility of creating its own integrated properties, including branded hotels and resorts, in the future. AVVH/Gold Quest Capital will share some of the same management team, knowledge & strategies, as well as office space & resources, with Gold Quest Group, LLC.
We would also like to take this opportunity to introduce you to our new leadership team:
Mr. Miguel Sanchez, President, CEO
Mr. Miguel Sanchez, is currently President and CEO of Gold Quest Group, LLC, a full service Residential, Commercial, and Heavy Industrial direct lender, financial brokerage and syndication firm with over 22 years of experience lending hundreds of millions of dollars annually in Texas and across the United States. A born entrepreneur known for his integrity and passion for real estate, Mr. Sanchez bought his first real estate asset at the age of 17 and co-founded his first real estate company at the age of 19. He is now one of the most respected lenders in Texas.
Mr. Jean Paul Garzón, Treasurer
Mr. Jean Paul Garzón is an experienced entrepreneur who began investing in real estate in his early 20s. Mr. Garzón is cofounder, shareholder, and board member of several enterprises, and has won several international recognitions through his numerous ventures in the United States and South America. Mr. Garzón specializes in evaluating and securing risks on new ventures and is recognized for his innovative approach to increasing revenues and asset values. Mr. Garzón holds a bachelor’s degree in Computer Science, and is fluent in English, Spanish, and some Portuguese.
Mr. Luis Beita, Vice President
Mr. Luis Beita is an experienced manager with over 15 years of experience in the remodeling and construction industry and is known for his ability to make and build relationships in all aspects of business. He has held management positions with several multinational corporations, and previously served as Director for Latin America for an international valve company, opening markets and establishing brands in various countries including Brazil, Mexico, Colombia, Ecuador, and Peru. Mr. Beita is fluent in English, Spanish, and Portuguese.
Mr. Patrick Ashiofu, Vice President
Mr. Patrick Ashiofu is a Texas licensed realtor, who has been licensed and practicing commercial and residential real estate in the state of Texas for over 20 years. Mr. Ashiofu provides exceptional professionalism and a unique level of personal dedication to his clients. He is a multi-million-dollar producer and has won numerous awards in real estate. He is consistently recognized as one of the top realtors in Texas by H-TEXAS MAGAZINE. Mr. Ashiofu is involved in the development and selling of various single-family homes, high-rises, retail centers, industrial complexes, and office buildings. He is a member of numerous realtor associations and holds a Bachelor of Science degree in Real Estate from the University of Houston.
Mr. Ankit Amin, Vice President
Mr. Ankit Amin has been in the mortgage business since 2003 and has been responsible for origination and closing on over $1.5 Billion in commercial loans. Mr. Amin is also a hands-on investor and a lender. Mr. Amin currently holds positions as President of Commercial Lending at Gold Quest Group and as a partner in the commercial lending business. Mr. Amin is an avid traveler and loves a well-planned or impromptu trip with his wife and two daughters. Mr. Amin holds a Bachelor of Finance degree from University of Houston.
About AVVAA World Health Care Products, Inc.
AVVAA World Health Care Products, Inc. is an OTC shell company with no current operations. The company is planning to merge with Gold Quest Capital, Inc. and plans to change its name to Gold Quest Capital once the merger is complete.
About Gold Quest Capital, Inc.
Gold Quest Capital is a start-up company that plans to fund real estate loans and redevelop existing real estate assets. Gold Quest Capital redevelopment projects will include multi-family residential, commercial, industrial, and heavy industrial real estate.
For more information about Gold Quest Capital visit - www.goldquestcapital.com or contact the Company directly at ir@goldquestcapital.com or 1-786-473-1255. Make sure to follow the company on Twitter at www.twitter.com/goldquestcap.
Contact Information:
Shareholder/Investor inquiries for AVVH/Gold Quest Capital can be directed to:
Omnis Public Capital Management LLC
1-786-473-1255
ir@goldquestcapital.com
info@avvaaworldhealth.com
Defendant
AVVAA World Health Care Products, Inc.
12/08/2020 Application
Comment
Application For Appointment of Custodian [NRS 78.347(1)(b)]
12/08/2020 Initial Appearance Fee Disclosure
Comment
Initial Appearance Fee Disclosure
12/08/2020 Clerk's Notice of Hearing
Comment
Notice of Hearing
12/08/2020 Summons Electronically Issued - Service Pending
Comment
Summons
12/09/2020 Filing Fee Remittance
Comment
Filing Fee Remittance
12/10/2020 Affidavit
Comment
Affidavit of Service
12/15/2020 Supplement
Comment
Supplement to Application for Appointment of Custodian [NRS.7834(1)(b)]
01/04/2021 Case Reassigned to Department 1
Comment
Judicial Reassignment to Judge Bita Yeager
01/15/2021 Motion for Appointment
Judicial Officer
Yeager, Bita
Hearing Time
3:00 AM
Result
Granted
Comment
Petitioner's Application For Appointment of Custodian [NRS 78.347(1)(b)]
01/25/2021 Order Appointing Special Administrator
Comment
210119 Order Granting Application
01/25/2021 Notice of Entry of Order
Comment
Notice of Entry of Order Granting Application for Appointment of SSM Monopoly Corporation as Custodian of AVVAA World Healthcare Products
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