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Re I-Glow,s post about the price dropping----the price reached 10 cents due to speculation after posters dug in and found the connections to Sanchez and his company. That rise in price and the speculation was out of his control just as the drop is now. He has control of the timing of his announcements and it is obvious the announcements were not scheduled at the time all the speculation was running rampant.
I live in Canada and have received permission from regulatory to trade my million shares. I know I can sell, but not sure I could buy (I did not ask). So do not assume that all shares held by Canadians are not in the picture.
And also Avvaa's accumulated loss, I beleive, should provide the new company some tax advantages----losses to write off against profits. I am not at all familiar with U.S. tax laws.
blinky74, can you share how you unlocked your shares? I live in Manitoba and have the same problem with my 1,000,000 shares. My broker is looking into it, but I have not heard back yet.
Yes wrong word to use. It would be horrible for the existing shareholders.
I'm not knowledgeable enough to answer that. Just posing the questions for comment from people way smarter than I.
I am having a hard time understanding why they would want to increase share value for existing shareholders---what advantage would that be for the company? A reverse split would seem to make more sense to dilute the shares of the existing shareholders. Seems to me the existing shareholders offer no value to the company.
As an original investor of Mind Your Own Skin (Farley's original company from which avvaa formed), I am in to this big time, so I hope they are sincere. Would like to recoup at least a bit.
They have discovered a cure for short-sightedness $$$$$. Also corona-virus.
$$$$$$$$$$$$$$$.
dunwifit, how do you know those are the doctors ion question? Probably a number of doctors with those names.
Scuba, I tried to purchase shares a few months ago through my broker in Manitoba and was told I could not because of the CT.
That came right out of left field. This company was formed when the product was being used for a completely different application. People with skin conditions that were working with the product found that it was helping.
Why not diversify to flights to the moon or providing weapons to freedom fighters?
I come to this sight looking for intelligent commentary regarding AVVAA, not ridiculous suggestions such as this. Let's scrap all the progress that has been make and switch to something completely different!
Was Pico: If these ideas are so good, take your money and run with them. Don't need the hard workers at AVVAA.
Jason: Tried buying shares, broker came back that cannot due to cease trading order. I asked you previosly, and you thought I should be able to purchase. Can you shed some light as to how I can purchase? I live in Manitoba.
When can we expect another newsletter?
Jason: The increase in "likes" on facebook is quite impressive. Can you comment on that the critical number is that will translate into significant sales? You may not be able to comment on AVVAA due to insider trading info, but in general in the world of Facebook marketing, what has been observed?
My experience is that the nozzle for the spray bottles stops working after a while and some don't work right from the start. Maybe they get clogged. I have several like that right now. Has this been addressed, Jason.
Jason: I live in Manitoba. Am I correct that I still cannot purchase additional sahres? When do you see that changing?
The Farley's ran this company in to the ground, left them with no money and huge debt, how do you think AVVAA is going to attract and pay for someone with the credentials you are looking for? Jason seems to be our best shot; someone who is passionate and dare I say , cheap.
I invested in this company 12 or 13 years ago, and my $50,000 investment is now worth less than $1,000. Farley's burnt through enough money to get 5 start-up companies off the ground.
There simply is no money to hire or attract someone who has a track record of building start-up companies.
You have to be careful with the big chains. They will squeeze every penny of profit out of you and put so many demands on you that you cannot possibly meet.
I always thought the same concept as Avon uses would be a perfect fit for AVVAA. Especially with an ever growing line of products, human and animal. The good thing about this concept is the distributors do much of the advertising for you.
Now, how to get it going?
This is great news...I have been thinking for years that the MLM (like Avon) would be the way to go. It is ideal because there are a number of products introduced already and a bunch more to come. This provides sellers with a continuing new stream of potential products to introduce. And hopefully this can be rolled out and expanded with minimal new investment diluting shares.
avVaa Files 2009 Audited Financials
Vernon, July 26, 2010 — avVaa World Health Care Products Inc. ("avVaa" or "the Company") (Pink Sheets: AVVH) is pleased to announce that the Company has filed its Audited Annual Financials and accompanying MD&A for the period ending May 31, 2009. These documents are available for viewing on Sedar at www.sedar.com or on the Company's website at www.avvaa.com. However, the Company will provide a copy of any such document, free of charge, to any security holder of the Company who requests them.
About avVaa World Health Care Products
avVaa is a global biotechnology company that specializes in effective, all natural, therapeutic skin care products that improve quality of life and well being for consumers. avVaa's patented European skin care formulas are scientifically registered, FDA-Compliant, and were developed to relieve and treat the symptoms of common skin ailments, including eczema, psoriasis and acne. avVaa is poised to manufacture and market its OTC Neuroskin® line of skin care products through mass food and drug channels in the United States and globally. The Company's secondary line of equine and pet care related products are already being distributed throughout all of Canada. For more information, visit www.avvaa.com or contact Merle Goertz, Public Relations, at 1-866-864-6598 Ext. 705.
For further information, please contact:
Lance Loose, CEO
avVaa World Health Care Products Inc
P: 1-866-864-6598
There's not a chance we will see $1 within a year. Not with the number of shares. You would need sales in the 100's of millions of $. And not with Jack's history. 10 cents is possible. Not being negative, just realistic. I would be thrilled with 10 cents.
Scuba Jason: Do you know personally any Olympic Gold Metal Winners? One in Canada and one in the U.S. would be fine.
Please do all us long suffering shareholders a favor and spread the word!
The original funding, 10-11 years ago was raised by issuing convertible debentures, which at the time worked out to about $.50 Canadian per share. The trading price reflected that conversion price. Jack was suppose to have additional financing to the tune of several 10's of millions of dollars. That never happened. Jack made annoucements about distribution agreements that drove the price up to $.60-.70. Those distribution agreements never amounted to anything. It has been difficult getting info out of Jack as to what has happened over the next few years, but I think he was forced to use treasury shares to raise funds and I think some of the funding partners were instrumental in running the company into the ground. They did run some ads in national newspapers a few years ago, but I suspect that did not result in significant sales. Not only has the share price gone from $.60-.70 to what it is today,there was a 100:1 reverse split a few years ago. Alot of people have lost money on this over the years.
Jack's current marketing plan seems to be the most cohesive he has had, but funding is a major problem. If sales do not start to pay for the marketing initiatives and other costs, I can't imagine where the money is going to come from other than issuing more shares. Of course because we have not seen financials, we do not know what the revenues are.
I can't speak for others, but I am getting tired of reading Tony Montana's rants over and over again. I too am growing impatient with progress (it has been over 10 years for me) and I can bet I have a hell of a lot more $ invested in this. His repeated unproven accusations are getting tiresome. This board is meant to be informative, so unless he have something useful to share, please just go away. I'm all for making Jack & Lorie accountable, but name calling and unfounded accusations are not apppriate for this board.
I don't have that information. I don't know if the German rights holder is actually marketing the product.
I can't remember where, I know Germany and some other European countries. The guy that invented the product sold the worldwide rights to Farleys' but I guess kept the rights for Germany. I don't remember which other countries ( I have been in this for over 10 years, so I don't remember, but it might be in one of the press releases). Don't sweat it guy's, I am in this at over $.05 a share (1 million shares, do the math). I have been trying to average down over the years, but ever time I try, the pps goes down. It is a great product, but it has been hard to get an answer as to why they are having so much trouble marketing a good product. They have already done a reverse 100:1 split and gone through millions of $. I don't think Farley's are running a scam and pocketing the money, but I think they have received some bad advise over the years and have done some contracts with some parties that have taken them to the cleaners. Seems like some unsavory characters have taken advantage of a newcomer to the capital market that has continually set them back. Now they have to run an ad compaign on the cheap and hopefully slowly build a customer base. Their only source of money at this point is by selling treasury shares, issuing shares to the funders, or through sales. I still hold out some hope they will succeed.
The Farley's own the worldwide rights to the product (except for a few countries in Europe).
Well put. This board should be used for constructive evaluation. The constant whining is getting tiring. Give Jack a chance to execute his marketing plan. It may work and it may not, but this constant bitching and put-downs is not constructive.
It would be nice if they got on one of the major national networks, but they obviously do not have the funds for that, so the funding required would involve major dillution. I suspect what they are doing is working within their means, and trying to slowly develop a customer base. If they can do that with a number of less expensive ads like these, maybe down the road they will have a bit more cash to afford more expensive campaigns. Right now they just can't afford an extravagent national campaign.
It is a stretch to assume that Jack is lining his pockets with the money earned from the campaign. In fact it is downright ludicrous. What makes you think the $ is not in the company bank account? Why would you assume it has been spent or disappeared?If indeed the campaign was that successful, the money would be used to fund the next round of ads, instead of diluting by issuing more shares. He has stated previously that he is looking at eliminating the funders and substantial revenue would allow him to do that.
If you look at their website, you will find all the info about their building and staff. They have since sold the building and the only staff remaining is Jack himself. I could write a book about the history of this company, although I don't know how much of what Jack has said over the years is true. I'd be surprised if they have had $100,000 in sales over the 10 years, they have spend millions. I don't know where this merger talk came from, I can't imagine Avvaa having muck leverage, they have an incredibly terrible history and only the products and the DINS (Drug Identification Numbers) are worth anything. However, any kind of merger could not be worse. I just can't see it.
Where did you get the info regarding a merger?
I invested big $ in this company about 10 years ago. I have heard promise after promise and have seen no progress all this time. It seems Jack feels he's not accountable to explain what has gone on all these years and is now taking the approach of telling me that he did not force me to invest. We have had no explaination as to what has been done with the millions of $ they have gone through. I know they purchased a new building a few years ago and staffed it with quite a few people, before there were even any concrete contracts signed.
If there really is a merger in the works, it can't be any worse than what Jack has done over the last 10 years.
The sad part is it is a good product.
Would like to hear what you have heard from Jack in the last year.