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Yup, Basu communicated a while back that she was looking to buy back shares and her goal was to get this out of the pennies, I don't know what out of the pennies means though, is it a dime or is it a dollar? She has a good track record as a CEO with other companies increasing their pps. Hang on it will happen.
Im going to hold for a bit, the outstanding shares are a plus and there are 1760 pairs of shoes still out there to be sold, this will go up, he didn't lie about the shoes, I think Famous Johnny or the Mexico factory were the source of the hold ups and now they are looking for a buyer for the shoes, there were seen at fashion shows I can't see them either Famous Johnny or Gelmon just letting the shoes rot in a warehouse, they are really nice shoes too.
Im with Pennyhunt, Ms Basu said in a PR that her plans were to take this out of the pennies, that to me means $1
I am hanging on to my shares for a while, we've proven there are shoes, I know it takes a while, you don't just make a product then show up at Sears expecting space on their shelves, it will take time.
There is a lot more to getting a product into stores than just showing up with boxes. If you were to start designing t-shirts do you think they would just show up on shelves f any store of your choice just cause you made them. Their has to be space on their shelves and orders need to be made which is why they are at the Thread shows. I think they lost orders due to the delays. I hope I was polite enough and this post doesn't get removed.
Could someone call Gelmon and see if he will answer if SEC or FBI has contacted him, there are some serious acusations being allowed to be said here with no proof.
MIne has done that every day on the closing it goes to where it should be on the next days open, not sure why but I have owned these shares for about 9 months and it happens every day, .007 on close. I am with optionsXpress.
I think this e-mail explains the delays, money issues starting up a line or company is common, similar issues when my hubby started up his co. came up too with financing etc. Gelmon wouldn't lie to cover Johnny, I believe there are shoes but maybe they lost their contracts so looking for buyers at the shows. The shoes have been seen and I think longs will be rewarded. They are nice looking shoes, they will sell.
Just don't see this as a acam, he would be working us more with weak PR's. It is just slower moving that what we want. Anyone want to call him today and see how sales are going, if they have any big retail buyers. I would like to know if more shoes are being made.
Any news from your daughters friend yet?
Great, thanks Kelseyf. This is where they are seeking out big buyers in my opinion, thinking in the next PR we might hear about orders from major retailers.
ClayTrader, any chance you could video a recent AVTI chart, so much going on with that one, TIA
The owner of the Avitar_inc twitter account is probably someone from here.
Thats great and makes so much sense, isn't that what all fashion designers do, they have shows and then the buyers for stores see them and purchase to be in their stores. Hang on to your shares people.
No I think the tweets are all positive, promoting the stock.
Just that, who ever Avitar_inc I got notification that they are following my twitter account. I have read thru their tweets and my best guess is that it is a share holder who has taken the name cause the tweets aren't professional. for example "Avti is ready for PR" another tweet is "daily chart signals breakout" doesn't sound like something the co or gelmon would put out.
Just got a notification that Johnny Famous is following me on twitter, LOL
Anyone want to call Gelmon and see what stores will carry the shoes and when?
Can you explain what exactly the Notice of Publication means?
Don't have time to find the number. I contacted him the one that the area code started with a 3, if someone calls find out when in stores, what stores and why the Form 15. But be nice so he continues to take our calls.
On a half chance I have contacted a friend at Fed Ex to see if she can trace the deliveries. If anyone has friends at Purolator, UPS or other couriers see if they can find the order.
They have been shipped to a warehouse in San Diego, I think we have to wait for another PR to find out what stores, does anyone know if there will be an ad compaign?
okay I knocked myself out. Will have to keep an eye on things, anyone want to call him to ask about the Form 15?
What do you mean by biggest dilution ever? Can you explain?
What does Form 15 mean, I just read it but don't understand it. What did Gelmon sign today?
Thought I would let you all know to have a boo at AVTI, good PR today.
News is right above, stickied with Nov 30th date. Some shoes have arrived in San Diego and others will be in New Jersey by Dec 3rd. REad above
OMG!!! Whatz happening. I've been away, can someone save me all the reading and update me. TIA
Just another thought, this is Johnny Famous, I don't think I would be telling lies and profitting from this guy with out his permission. I think we all should just relax.
Just curious, why isn't he charged for all the "lies" then? Is the SEC aware of the "lies"?
Why doesn't have anything to do with AVTI, it appears that having things made in Mexico isn't nearly as efficient as in the states. Im still a believer, laugh at me if you will. I talked to Gelmon and got a good feeling, if this was a scam pps would have been up already so he could get money, if he doesn't own any shares like its been stated then how does he profit from lies? It doesn't make sense, thanks Kels for the DD.
Sorry I am not that savvy, like I said I was taken back that he answered. How do you know he doesn't own any? Maybe someone more in the know should call but like the saying goes you get more with honey...... If you attack him you might not get all the info you want.
Sorry, I guess I didn't explain that right. He said "there better be shoes we sent alot of money down there" was said funny like, making fun of what I had said. He knows there are shoes down there and I am sure he did go and inspect. I am thinking that if this was a big scam like some of you are saying, wouldn't the pps have already gone up and been moving around more while Gelmon was trying to profit. I am thinking the hold up is due to all the issues that come up when starting a business, with a first run etc. Unexpected, unforseen issues that are slowing things down. He sounded relaxed on the phone and probably has the attitude that the investors that stick with him will be rewarded, he didn't seem concerned if people were frustrated at the pace or selling. I think that shows that he knows he's got something and we will be happy soon. JMO
To be honest I was so shocked he answered the phone and then I asked is this Cory Gelmon he said yes and I went blank. He sounded like he was driving and yes maybe had been away cause he was in the process of finding out the where abouts of the shoes, now that I reflect back it sounded like the shoes were done he just wasn't sure where they were in transport but I could be wrong. He definately knew they were still in Mexico. So if someone better suited than me wants to call him on Monday if we haven't heard anything please do.
Just talked to Gelmon, he was very open. He said that he was in the process of getting an update on the shoes today and that I was to call him back on Monday or there might be a press release monday if he can get a good update. The shoes are not in the states yet, still in Mexico. I asked him what stores I will be able to buy them at and he said there was a list that was published but to be honest he was a little vague about that like things have maybe changed. Then I came out and just asked "I am reading on some boards that there may not be shoes, are there really shoes being made" His voice raised "there better be shoes we are sending a hell of a lot of money down there to the factory" then kind of laughed and again said I would know more Monday and if not I could call him.
Im with OptionsXpress and my shares show no value $0.00, this can't be good. It is not at .0001, it is at 0000, I own 1,125,000 shares and they are worth $0.00, whats going on?
Anyone try this number? I would but I am in Canada and don't have long distance plan. Someone pretend they have seen the website and really want to buy their shoes, see what they say about when and where you can get them. Maybe they are the same ones with AVTI maybe not. Here's the number again (404)627-4583
I think its hard to spot these types till you are already in it. I pulled the company address up on google maps, its a house.
Anyone know the new share structure?
EFIRD is new symbol, I got an e-mail telling me 1 - 50 r/s. Its my first too, going to go look to see how much I lost so far.