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New ALL TIME LOW, drops below 2 cents
$AVRW continues down down down
Sounds like something done to the pavement 🤣
$AVRW is going down down down.
This Product Celebrity Endorsed And 300% less money......
https://www.yahoo.com/lifestyle/olivia-wilde-40-loves-cerave-and-its-bestselling-eye-cream-is-on-sale-for-just-14-125055766.html
So why buy something Nicole Kidman says is great when Olivia Wilde says this is great for 3 X less cash out of your bank account...... ??
(I am comparing equal amounts in volume 2 each of the Cerave @ .5 oz compared to 1 each Seratopical DNA at 1oz.)
$AVRW - will they drop below 2 cents next week ????
$AVRW - will they go BANKRUPT or will a MIRACLE occur ????
Just look at 2.2/5 Better Business Bureau numbers
Well SOTG & WF11, We have presented facts and numbers related
to 8K's, 10Q's and 10K's as well as pointed out some of the information
related to past products, manager's and the musical chair name game.
The BBB is generally a decent indicator of what people think about the
company. Their BBB score is 2.2 out of 5 ratings. It's a mixed bag of
comments both good and bad - but overall - it's bad.
Besides having no money - they have an awful reputation on customer
service, monthly recurring charges without efficient reviews etc. etc. etc.
Current price 2 cents
Current bid .0106 10K shares
Current ask .0298 10K shares
https://www.bbb.org/us/ca/sherman-oaks/profile/health-and-wellness/the-sera-labs-inc-1216-1084307/customer-reviews
Happy Weekend WF11
I don't have a lot of time at the moment, but in one of my past posts I outlined the tangled web that took place when RD met ND and then "acquired" Sera Labs. At that time, there was supposed to be a synergy between the two companies. ND was outsourcing production and was moving more toward CBD related products. RD was working with Canopy Growth (but that deal fell through) and RD also needed to show "revenue" on the books. RD really didn't have ANY products marketed and the thought was that by acquiring Sera Labs - Sera Labs would then utilize the CURE Oxnard facilities for their production etc. Cure then would be showing income/revenue from Sera Lab product sales.
Don't have a lot of time to go into it - but later RD had to give control of Cure/Sera to ND. Later RD (through TF TECH Ventures) bought back the Oxnard Manufacturing facility and employees along with some of the KEY patents. ND and Sera Labs then went on their own way again (but with RD still being Chairman of the Board). Very sordid web has been woven. Quite messy in my opinion - along with the very muddy money trail - I outlined all of this in a LOT of detail in a previous post - but - since I don't have a paid subscription here - I can't easily find it.
Cure - Ionic Ventures, deal to acquire Sera Labs
Ionic Ventures converts notes endlessly - sinks share price - Lawsuit follows
RD/TF Tech Ventures - buys back manufacturing facility and key patents - leaves ND holding the Ionic bag
Sera Labs/Avenir losing money hand over fist - Takes another life-line convertible note debt from 1800 Diagonal
The rest is history still in the making. We'll have to see if BANKRUPTCY or a MIRACLE happens.
I still think it will be BANKRUPTCY with ND somehow getting Sera Labs back again (private).
2 cents bid going to collapse when conversions begin.
WF11, thank you for your kind words about my buddy and his family.
He took a hard hit and died while holding between 80-90K dollars worth
of shares. He kept falling for the Rob Davidson bullshit.
In another post (couldn't find it when briefly looking), I outlined the other
companies that RD has belonged to and the lawsuits that he was also
involved in with those. He really doesn't have a great track record.
I've only been following this to see it go from CURE, to Cure/Sera Labs,
to Avenir Wellness. RD did a good job escaping the IONIC lawsuit by
saddling Nancy and company with both the debt and the lawsuit. Why
he is still Chairman of the Board is beyond me. I have not been able to
find in any filings if Sera Labs is still having the CURE plant that RD bought
back from Nancy and Company along with the patents. Avenir really isn't
very transparent.
I also outlined in a prior post the several iterations that Nancy Duitch herself
has been through. She has changed products several times and finally settled
upon the line that now has Nicole being the ambassador of (to no real benefit of
either her or the product line).
And as you rightfully point out, the director's of the company show on 8K's that they
themselves get fairly high enumeration along with stock awards/options. Doubt they are getting too much these days though - unless the convertible debt loans are just going to pay their wages.
There is so much debt here - I don't know how ANYONE can be bullish or recommend this company to anyone. It's just a matter of time before BANKRUPTCY and Nancy will most likely figure out how to bail it out of BANKRUPTCY and take it private again.
Either way - shareholder's always are the one's who get left empty handed.
Have a great day.
And he then left Nancy and Shareholder's holding the barbells
as they sink in the quicksand - so sad and aggravating. I still feel
so bad for my friend's family..... he died but it is his family who truly
suffered from it.
The "Deal" that sunk the ship.....
10 Million Dollars of Convertible Debt
10Q on time - but they are BROKE
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001643301/000147793224004816/avrw_10q.htm
https://www.sec.gov/edgar/browse/?CIK=0001643301
OUCH
Yes sir, it is GRIM. Hard to believe
the ship has not gone below the surface with as much water
as it has taken on thus far. Just a matter of time until there won't be
any more funds available from the LOAN SHARK.
I still believe BANKRUPTCY is inevitable here without some sort of MIRACLE.
Potential Buyers of this stock READ THIS FIRST
This company is in major debt. So much so, that at the beginning of the year
they actually borrowed money from the CEO of the company's credit cards.
https://openfilings.com/filing?acc_num=0001477932-24-000136&cik=1643301&exhibit=https://www.sec.gov/Archives/edgar/data/1643301/000147793224000136/avrw_ex101.htm
Once they exhausted that route to keep the company afloat, they had to go to a LOAN SHARK company and take out a "CONVERTIBLE" bridge loan dispersed in tranches.
https://contracts.justia.com/companies/cure-pharmaceutical-holding-corp-5232/contract/1289240/
From the "BURN RATE" the company has - it won't be long until that money is depleted, ESPECIALLY
if they are paying back the money owed to the CEO on that probably now defaulted loan.
Look at the dollar amounts - then think to yourself - is this actually a "good" GAMBLE ???
I still say after watching this company go from CURE Pharmaceuticals, to Cure/Sera Labs
to now Avenir Wellness solutions - with major defaulted debt, unaccounted for PPP loans,
defaulted debt in litigation, not enough income to even keep the lights on, and probably the
final nail in the coffin is this 1800 Diagonal "convertible/dilutive" debt, that is, if they can even
sell shares with the very very low daily volume...- BIG TROUBLE. If they can't sell at market prices,
they will drop the price below a penny to recoup their loan money. I've seen it many times with
penny stocks.
BANKRUPTCY without a MIRACLE.
That info might be inside of here:
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://finance.yahoo.com/_getSECFilingReportUrl%3FreportUrl%3D/sec-filings/0001643301/000147793222001921/Financial_Report.xlsx&ved=2ahUKEwi9yIjhv96HAxUATTABHQR5FD0QFnoECCgQAQ&usg=AOvVaw2Ug7ndrQmnU75DNfNwh9PX
https://www.sec.gov/Archives/edgar/data/1643301/000147793221001927/curr_10k.htm
But at this point, it really doesn't matter unless they fudged and someone wants to turn them in.
BANKRUPTCY still in the cards.
Exactly - and I am sure you are aware, that is the same thing they did at the
end of the year. They used the CEO's personal credit cards to get an advance and it just
so happened to be that the "cash on hand" at that time was the exact same amount
as the first tranche of the credit card DEBT.
This baby has been running on FUMES for quite some time, so the latest toxic bridge
financing was no big surprise. CONVERTIBLE NOTES again though - that was a
bit of a surprise to me as it was very similar to the IONIC LOAN that is still in LITIGATION.
BANKRUPTCY LOOMS unless a MIRACLE HAPPENS.
Actually, they shouldn't get paid. They don't post anything of substance.
They post the same old BS company propaganda without any numbers to
back it up. I don't ever see any financials..... well, beyond the one's that show
the company is still losing money hand over fist - but the company of course
sugar coats it and says - less loss than last year.
Company propaganda is just that - BS story telling.
Numbers and Facts - that's what matters.
The numbers are BAD
The facts are UGLY
BANKRUPTCY LOOMS without a MIRACLE.
From $5.82/share to .02/share BUYER BEWARE
BANKRUPTCY LOOMS without a MIRACLE.
Bloated share count
Defaulted Convertible Debt - Litigation
Operated and ran out CEO's Credit Cards
Now just signed another TOXIC Convertible Note Loan - Bridge
Big Trouble in Little Sera Land.
Avenir Wellness Solutions, Inc. teetering on BANKRUPTCY
Buyer's or gambler's - be very careful with this one.
Read several pages of posts here before you pull the trigger.
Very low volume for a reason - a penny stock with no volume?
Huge amount of outstanding shares.
Just signed on to more TOXIC CONVERTIBLE DEBT.
EXHAUSTED CEO's own personal credit cards before taking on the latest TOXIC DEBT.
Doesn't get too much closer to BANKRUPTCY than that.
JUST SAYIN......
I didn't blame it on her - just posted a fact.
Just was replying to the Nicole Kidman propaganda - and the fact that she has
been ambassador for a LONG time and it has done NOTHING for the pps.
As far as your friends, my friend also had close to 90K tied up in this POS
and he DIED while waiting on all of the smoke that got blown up his ass to
come to fruition - but of course it never did. I go back over 7 years posting
here - I know quite a bit about all of the lies and promises. Anyhow, have a
nice evening - sorry to hear your friends got screwed as well.
BTW - If you go back and read my posts for the last 3 years - I've been warning
other's and supplied good info to back up my warnings - some people just don't
learn.
CURR / SERA LABS / AVENIR = FAILURE
BEFORE NICOLE KIDMAN $1.83 AFTER NICOLE KIDMAN .03
THE ONLY "MIRACLE" - THEY ARE STILL OPEN
AVRW HAS HIGH INTEREST TOXIC DEBT, BANKRUPTCY LOOMS
Without a miracle.
And the following doesn't even include the latest form (8K) TOXIC LOAN SHARK DEBT
they just had to sign.... to keep the business open after exhausting the CEO's credit
cards.
BUYER BEWARE !
https://simplywall.st/stocks/us/pharmaceuticals-biotech/otc-avrw/avenir-wellness-solutions/health
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001643301/000147793224000136/avrw_8k.htm
https://www.sec.gov/ix?doc=/Archives/edgar/data/1643301/000147793224004082/avrw_8k.htm
Whomever the "auditor" is, they shouldn't get paid much.
Talk about a messy filing "as usual though". In one paragraph they say
they had to pay out higher wages to "an increase in employee's" and in
the subsequent paragraph when they are speaking of savings.. they
attributed part of that to "less employee's during the period"
Talk about a blatant error - I mean shit - they were right next to each other
in the filing. I posted it exactly in a previous post here.
Generally, when an extension is filed like that - they have to find area's where
they can make "adjustment's" to hide shit. Well, they hide shit - but if you look
you can see all of the mistakes and the FACT that they continue to BLEED in
DEBT and aren't making enough revenue to pay it down.
BANKRUPTCY remains my call without some MIRACLE coming into play.
A big $6 trade brings it back even on the day.
This trades so thinly (not too many gambler's) that $6 one way or the other
can take it from .033 to .045
One would think you could make money on that type of spread - but not with the
minuscule volume traded on this penny stock.
BANKRUPTCY LOOMS - RESORTED TO LOAN SHARK BRIDGE LOAN AFTER
RUNNING OUT OF BUCKS ON CEO'S PERSONAL CREDIT CARDS - WOW
With only $28.00 traded, they have to.
Facts and Numbers - Numbers and Facts
BANKRUPTCY or MIRACLE
New Board. Tudor Gold.
As a concerned shareholder, I had to write the company about their ATM (At the Market)
conditions. If you are invested - you might as well know that you are going to be stuck with
a couple of brokerage houses DUMPING shares into the market. If you use Think or Swim
AT ladders and Level II quotes you can see it happening before your very eyes.
I recommended that they not DUMP so many shares at a time and let the stock run up only
selling maybe 10K or so at a time. No one wants to buy into the stock (Anyone with experience)
as they can see the 2 brokerage houses bracketing the price trying to get newbies to buy into the
ask. It really is called "price fixing / manipulating" and is ILLEGAL but OTC stocks get away with
it constantly.
I was fortunate enough to dump all of my shares for a decent profit when it went up to .625 but wanted
to point out to other's that it isn't going to be easy for this to rally again - without the ATM brokerages
getting out of the way.
And of course, the company didn't respond to my message - Imagine that.
Numbers and Facts, not company propaganda.
They couldn't pull through with the funds from the CEO's credit cards so
they had to go to a LOAN SHARK outfit to keep the lights on. I don't care
how much they "twist words" to show they are losing a little bit less money,
they are so far in the hole there is no way out without a MIRACLE.
They have sooooo much debt and continue to pile it on. Case closed.
BANKRUPTCY LOOMS
Kicking the can down the road.
The last (2) 8K's should alert investor's to the absolute possibility of bankruptcy.
An 8K that details that the company was taking high interest loans from the CEO's
own personal credit cards is a BIG RED FLAG.
The recent 8K detailing that they then had to go to 1800 Diagonal at LOAN SHARK
interest rates and CONVERTIBLE NOTES is another VERY LARGE RED FLAG.
Again, how anyone can be BULLISH the current situation is beyond my capacity of
understanding. The FACTS & NUMBERS have been provided on multiple ocassions
by both of us who have been following this company for a VERY LONG TIME.
Oh well - sometimes people just love to gamble.
NUMBERS AND FACTS NOT COMPANY PROPAGANDA
READ THE 10K COMPLETELY, DEBT, LITIGATION, RUNNING DEFICIT.
READ THE 8K ABOUT LOAN FROM CEO WHICH WAS ON HER HIGH INTEREST CREDIT CARDS.
READ THE LATEST 8K WITH CONVERTIBLE NOTES/SHARE DEBT FROM LATEST LOAN SHARK.
THIS COMPANY HAS HUGE DEBT WITH A 79MM VERY BLOATED SHARE COUNT.
HARD TO INCREASE PPS WITH THIS DEBT AND SHARE STRUCTURE.
BANKRUPTCY OR MIRACLE - GO AHEAD AND BUY IF YOU ARE A HUGE GAMBLER.
STUCK BETWEEN A ROCK AND A HARD SPOT
Yes, Hefty interest rates, hefty 30% automatic pps shave etc. etc. etc.
That is why I spoke of HEFTY and DESPERATION. IONIC's terms were similar.
Not sure why this company is even doing this really. Maybe they believe Avenir is
behind the 8-ball and they will HAVE to pay through the nose - no matter what.
Not sure how 1800 would even be able to sell into the market - there's really no volume
but I suppose they will create PANIC and the price will drop below ONE CENT Quickly.
Hell, depending on conversion price - they could take the outstanding to the full 150,000,000
shares allotted in order to recoup their money. If there is default and conversion, the price will
drop quite quickly. It might start to drop quickly just due to the fact of so much more debt.
These are definitely LOAN SHARK rates - or even very poor credit - CREDIT CARD
rates. Definitely much more debt to tack on to the deficit - that is, if they survive.
BANKRUPTCY LOOMS.
"IF" 1800 Diagonal Converted, it would add 10% or over 8 Million More shares
at current pricing. Total loan amount of 350,000 dollars divided by .0418 and that
would take the share count to approximately 88 Million outstanding.
Would definitely be just like IONIC if they began converting due to default and selling
shares like crazy - but - there would have to be PANIC for them to even sell as the
volume is so low.
I can't really believe they even did the deal. (1800 Diagonal that is)
8K - My prior post that I am now replying to, well.... it isn't as important anymore.
It appears that the credit on Nancy Duitch's personal credit card must have run
it's course and now the company has had to go to LOAN SHARKS similar to what
CURE did with IONIC. NANCY HAD TO SELL HER SOUL TO THE DEVIL.
The terms are pretty HEFTY and now if there is a DEFAULT - NANCY is screwed just
as much as the rest of the Corporation - because NOW - even Nancy can't call her loan
until 1800 Diagonal get's their money or converted NOTES first.
https://fintel.io/doc/sec-avenir-wellness-solutions-inc-1643301-8k-2024-july-05-19909-5634
In case you don't have access to FINTEL - here is the SEC link:
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001643301/000147793224004082/avrw_8k.htm
Oh what a crazy assed web of money here, money there - money that is just DEBT DEBT
DEBT and MORE DEBT.
WOWSA.
INTERESTING - JUST FOUND THIS - MORE DEBT
But, maybe they can pull a rabbit out of the hat.
https://fintel.io/doc/sec-avenir-wellness-solutions-inc-1643301-8k-2024-july-05-19909-5634
Wow though - the terms look quite a bit like the IONIC agreement with the notes being convertible
and not much wiggle room - smells of desperation. Who knows.... but the line of credit on ND's
cards must have run out.
IN THE EVENT OF BANKRUPTCY - WHO WOULD COME OUT OKAY?
As can be seen by the terms of the "LOAN" agreement between the Corporation
and Nancy Duitch, Nancy Duitch now holds security and interests in the company
as a "PRIVATE" individual. In my eyes, Nancy Duitch will end up owning SeraLabs
once again as a PRIVATE company - and - those poor souls still wishing and hoping
for the miracle - the current stockholder's - well under corporate bankruptcy in a publicly
traded company - they will get SQUAT - nada - nill - I'd take the 4 cents or better bid if
I was still holding any shares in this "SHADY" non-transparent company.
SEE THIS FROM A SECTION OF THE 8k I just previously posted
Yes, Nancy Duitch may have some decent credentials for running "private" startups
and "marketing" new products - but - has she ever run a publicly traded company before ?
The answer there is "NO".
And, Nancy has always started with a clean slate. Has she ever been burdened with a
10.5 Million DOLLAR annual deficit ? Has she ever been burdened by (by my estimations) an over 18 Million Dollar defaulted loan (including interest and penalties)? Has she ever had to operate with a mushroom cloud of 78 Million outstanding share count and the inability to even use a publicly traded company to raise funds (due to defaulted debt and not able to issue more shares due to the defaulted debt) ?
I personally believe all of the WEIGHT she has inherited due to her partnership with Rob Davidson's Cure Pharmaceuticals, subsequent loan default, TF Tech Ventures attempted bail out by buying back rights to the Oxnard manufacturing facilities and staff along with key patents - and the fact that her buddy Rob Davidson didn't pay all the monies owed - has indeed - put Nancy into quite the bind.
When a publicly traded company has to operate off of a "LOAN" from the CEO's own personal credit cards "which may be exhausted at this moment in time" (8k info listed below) it is truly hard to be "bullish" in the matter of Nancy's ability to drag this company out of the money pit they are in. Truly an uphill battle which to me points to BANKRUPTCY without a MIRACLE on a WHITE HORSE coming to the rescue.
Time will tell.
8K Filing
Item 1.01. Entry into a Material Definitive Agreement.
On January 4, 2024, Avenir Wellness Solutions, Inc. (the “Company”) and Nancy Duitch, the Chief Executive Officer of the Company (the “Executive”), entered into that certain Senior Secured Promissory Note and Security Agreement (the “Agreement”).
The Agreement provides for a secured loan facility of up to $250,000, of which the Company borrowed an initial amount of $39,000 (the “Initial Principal Amount”) on January 4, 2024. The Agreement provides for the ability of the Company to request additional loan amounts up to $211,000 (the “Future Advances”), inclusive of the outstanding balances of certain credit cards (the “Cards”) used exclusively by the Company of which are issued in the name of the Executive. The portion of the principal amount of the Agreement (the “Principal Amount”) comprised of the Initial Principal Amount and the Future Advances (and excluding the outstanding balances on the Cards), accrues interest at an annual rate of 12%, or 18% in the event of default. The Principal Amount plus all accrued and unpaid interest is due and payable in full on the sooner of: (i) the demand of the Holder; and (ii) March 31, 2024. The Company may prepay the Principal Amount, in whole or in part, without the prior written consent of the Executive and without penalty. The Company granted the Executive a security interest in all of the Company’s present and future personal property.
In the event of default, the Executive may, upon written notice to the Company, declare the Principal Amount, including any accrued interest, immediately due and payable in cash and in full. The following constitutes events of default: (i) the Company fails to pay when due any principal or interest payment on the due date, and such payment has not been made within ten (10) days of the Company’s receipt of the Executive’s written notice to the Company of such failure to pay; (ii) the Company materially breaches any other covenant contained in the Agreement and such failure continues for fifteen (15) days after the Company receives written notice of such material breach from the Executive; (iii) the Company voluntarily files for bankruptcy protection or makes a general assignment for the benefit of creditors; or (iv) the Company is the subject of an involuntary bankruptcy petition and such petition is not dismissed within sixty (60) days.
The Agreement contains customary representations and warranties and customary affirmative covenants applicable to the Company. The foregoing description of the Agreement is not intended to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is filed as Exhibit 10.1 hereto and is incorporated by reference herein.
BANKRUPTCY IS A REAL POSSIBILITY HERE !
I would advise any new prospective "buyer" of this stock to look at ALL of the
posts here from the past FEW years as this stock has gone down from the high
of $5.82 to 2 cents and has been meandering lately with quite low volume between
3 cents and 5 cents area.
The company continues to lose money every year and this past year had a 10.5MM
dollar deficit, defaulted debt in litigation, lack of revenue such that they are operating
off the CEO's own personal credit card (as a loan at interest) and has right at 78 MILLION
outstanding shares.
The company can't get any financing due to the default on a past loan, they can't generate any
revenue from the sale of stock as they are in litigation, and they continue to have a very bloated
pay structure.
Anyhow - BUYER BEWARE.
Exactly - something is ROTTEN / SHADY HERE
Taken from the latest 10K
Salaries and Wages
Salaries and wages expense increased by $494 thousand during the year ended December 31, 2023 as compared to the year ended December 31, 2022. The increase was primarily due to the increase in the number of employees during the year ended December 31, 2023 compared to the same period in 2022.
Selling, General and Administrative
Selling, general and administrative (“SG&A”) expenses decreased by $815 thousand for the year ended December 31, 2023, as compared to the year ended December 31, 2022. The main factors for the decrease in SG&A expenses for the year ended December 31, 2023 are (i) $96 thousand less insurance expense due to less office space and less employees (ii) less consulting expenses ($196 thousand), and (iii) decrease in various other expenses due to reduction in company size as a result of the Asset Sale.
When an OBJECTIVE investor reads through the 10K's and Q's closely, they can find a LOT of very stinky ingredients.
I still am calling BANKRUPTCY without a MIRACLE.
An Advertisement from 3 years ago that has done "NOTHING" for the share
price..... down over $1.75 per share since that time. Cure Pharmaceutical was
still the company name as they hadn't yet tried to hide all of the bad news
about that company and AVRW didn't even exist. Old stuff - but keep on trying.
Okay, is there anyone out there (besides Student of the Game) who can tell me how long it
will take AVRW to shake off the 10.5MM operating deficit (with continued quarterly losses),
no operating or advertising capital, no way to raise funds (defaulted debt and litigation), an
already ballooned outstanding share count of nearly 78MM and no way to raise more money
through the issuance of shares, and an EPS of (-.06/per share) ?????? Losing money hand over
fist - yet there are people here saying the company is undervalued - holy sheep shit batman.
The only buyers here are those who are already deep in the red hoping for a miracle, and the
occasional gambler here or there who hasn't done their homework and are looking for a quick
flip. This baby is most likely doomed.
It's nearly impossible - that is why I still say BANKRUPTCY LOOMS !!
https://fintel.io/s/us/avrw
https://www.barrons.com/market-data/stocks/avrw
Yes, the measly 105,471 shares traded this WEEK at prices between
.033 and .0519 and a VWAP of .041 indicates a whopping $4,324.31
worth of shares trading hands for the "WEEK". In all relevance, hardly
enough shares to boast about accumulation taking place here on a
penny stock that is virtually unknown.
Why are they unknown? Because they had to change their name 2 times
to try and hide from their past. Cure Pharmaceutical, then SeraLabs, and
Avenir Wellness. When you have litigation against you for defaulted loan
payments - you do anything you can to try and hide it under the rug.
Now, operating off of the CEO's credit card just to make payroll and pay some
of the current bills - well, that doesn't cut it to get the name out about your failing
company. (which at this time is running a $10.5MM deficit - not including the IONIC debt)
Nancy won't mind BANKRUPTCY too much - as she will be the one owed the most
money - and she will probably get receivership as the company will be owing her all
the money AT INTEREST on her credit card. Once the Bankruptcy wipes the other
debts clean - she will be back to having a PRIVATE company again as she had before.
I feel fairly certain that is what they are working on right now.
Nancy Duitch said openly in an interview that she wasn't concerned about share price....
She has no idea how to run a publicly traded company - and by going bankrupt, she will
shed all of the debt (Including the IONIC litigation) which is by now well over 18MM with
interest charges.... and she can go back to doing her website marketing. The shareholder's
will get screwed as usual with MOST PENNY STOCKS..... but Nancy and the company will
survive.
BANKRUPTCY OR MIRACLE ?? - I feel BANKRUPTCY is inevitable.
Correct, I posted direct links to those facts not all that long ago. Links for NK admitting in public
to botox etc. And then, AVRW boasts about a "plastic surgeon" who recommends the product as
well. ND (CEO) looks totally like she has used his services on many occasions.
There are still some gamblers buying in here.
Have a great day,
PV