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AVTI number 3 on Breakout Board!
I've had several phone conversations with Cory Gelmon over the last couple of months. He says Johnny's wants to do another JV agreement with Avitar, regaurding a womens line of shoes, handbags and fashion accessories. I think the next JV will be much larger.
Good volume today and another uptick. This is setting up nicely here.
Nice close. This is gonna run now.
Glad to see you as a moderator Penny Chaser- Go AVTI
Nice move here today- looking forward to tomorrow!
Those guys are unbelievable arn't they? I'm sure the PR is coming out any minute now.GLTU
Johny Famous Shoes has updated their website, they have several different styles available to buy online, with Paypal. Previously the website stated to check back for new styles coming soon.
I think our PR is near.
I'm pretty new to pinks, I thought the run wouldn't take that long. Also I'm not too sure what to look for in an exit point. Any thoughts would be appreciated.
His cell # 310-909-3830. Keep trying he will answer, might take a few tries. I talked to him Friday. He said he will PR the delivery of the shoes. I'm watching for that PR this week. IMO.
Good luck WakI, it was a pleasure to hang with ya. I got sick of the BS and exited with a loss. Good luck to all WT longs, hope you do well.
Johnnys wants to do another JV with Avitar, Gelmon says they won't do another until all the money clears through on this one.
Yeah he's not too happy with his name being dragged through the mud over this JV with Johnnies Shoes. I told him I'm down about 75% here now, he says he doesn't want to see anyone lose money on anything associated with his name.
Gelmon says the PPS has clearly been manipulated. The shoes are coming, everthing is coming togther with this deal, with a delay( not too unheard of - a manufacturing delay). He says the PR is coming with the delivery of the shoes.
I believe that was the forth time I've talked to Gelmon, he hasn't waivered on anything he has said all along. The only chage is the manufacturing delay, which he has no control over. His name and reputation are at stake over this deal. Who do you believe Gelmon or someone hiding behind a screen name?
I've been holding AVTI since before the first run. I'm looking forward to a better run this time around - hopefully as soon as next week.
Just got off the phone with Gelmon, again. The maufacturer in Mexico is whats holding this deal up. The shoes are coming, I'm hoping for next week.
I had an order in for 3's for a couple hours, then grabbed up 4's at the last minute. I'm thinking 4's may not be avalailable next week- didn't want to miss out.
Was he really comparing today's volume to that of the last hard run up? Is it just me or do the arguments seem to be more pathetic?
25 million shares traded today, looking good.
I tried to get some 3's but had to settle for 4's. I think the 3's are history and the 4's could be too.
Thanks for the info SRV. Anyone have any idea how long the "quiet period" might be?
Just spoke with the IR Henry Harrison 407-682-2001. They believe their Plavix test is a market leader in quality. He says there are questionable tests in the $80 range that are being investigated by the FDA. I believe he said the upper price range was $1100? He said doctor's orders are coming in and this is still just the begining phase for the plavix test kit. He said if they capture just 5% of the market it will be huge.
He also stated that Inolife will be introducing 3 or 4 new products, that they are excited about, within the next 2 to 3 months.
He said they are hoping for a slower steadier PPS increase in the future.
In my last conversation with Gelmon he said he was going to NYC today Thursday. PR is coming soon. Get ready.
Just hung up with Gelmon. He says none of the delays are materialistic, but Mexico is Mexico. All of the run is being produced, and the whole run is also sold. It will be shipped to New York and then sent to distributors, as named in the previous PR. He said all involved are motivated ,by future agreements. Which will be much larger and have popular celebrity endorsements already lined up. He said he will PR when the shoes are shipped.
He said he was asked to come to Avitar to bring back a floundering company. He said this JV is doing just that.
He knows about the personal attacks against him on the boards. He says people are telling lies to make money bringing down the stock, for their own personal gain, too bad they are not held accountable. He also laughed and said class action lawsuit for what?
This is the third time I have spoken to Gelmon by phone. I believe he is doing what he says. He says AGAIN everthing is going according to plan, with a slight delay. I don't believe he would stake his name and reputation on a blattant lie. Remember this is the guy who built the Dominoes- I meant Domino's empire in Canada.
Edit: He also says he does not own any AVTI stock and hasn't sold a single shrare.
I clicked on the link on your post, sorry about that it was for inohealth. my mistake.
I see Inolife up dated their web site. They now have info on the plavix test on there. The new web site looks much better now IMO.
I'm here. Checking in for news, need news to move this PPS. I guess wanting this stock to do well makes you unpopular?
LR,
Nicely stated, I share the same sentiments about AVTI. I personally am in this stock for the same reasons. Good luck to all AVTI share holders, it should be a nice payoff soon. IMO
I spoke with Gary Berthold today, he is very tight lipped with details. He has been well coached by lawyers, he will not divulge information that has not already been made public. I tried asking if he was concerned with PPS, sales projections, interest in the Plavix test kits, percentage of the test kit market they could acquire, etc.
His basic response was almost verbatum from the PR. Inolife is committed to developing and providing quality, inovative products to the medical community.
He stated he only owns 35 million shares not the 60 million that is being reported on the blogs. So he is privy to what is happening online.
He says he is reporting and fully compliant. He will not divulge private information about a public company. He seems totally on the up and up from what I can gather. IMO
See 3 times is a charm. Thanks for the leg work,same info I came up with from talking to Gelmon myself. Nice to hear positive information on a board with so much negativity.
I don't understand why so many think Gelmon is lying about this deal. There is no dillusion and why would he even answer his phone? I've said it before, my money is bet that this deal will pay off for stock holders.
Anyone have a guess as to PPS with a good meaty PR, with delivery confirmation and a future JV agreement?
Cj,
Do you have a time line guesstimate on filing and news?
Gelmon's coming through. Go Cory Go
>06 's back up, interest picking up, PR coming anytime now. Won't be long and this is going to run. I'm looking for a meaty PR and a huge run anytime now. Gelmon told me no fluff PR- only solid news.
This is looking better each day now. Looking forward to next week too. 13 million trades before lunch almost all buys.
HP- Thanks for sharing. I too have talked with Gelmon (only took me about 3 tries to get through each time). He also spoke with me about talks of future JV agreements, witch IMO will be larger deals than this one.
When the PR comes out with news of this run of shoes plus the particulars of future deals, stockholders will be rewarded. Womens line of shoes, handbags and I'm sure another run of mens shoes- sounds good to me. Fashion sells.
At this PPS, I need to free up some funds and add to my position here. It won't be long now.
I called the no in the Ibox , they called me back, I think they are no longer using that no. Ino Life number is now 919-676-5334 ask for investor relations, if you leave a message they will call back.
When I spoke to IR a few days ago they reminded me that this product has only been on the market for a week. GIVE IT A CHANCE.
Someone bought 2.5 million shares at the ask today. It would be nice to see PPS to creep up before the PR comes out.
I don't think the PR is coming till next week IMO. I would love to be proven wrong,be nice to see production numbers and shipment dates.
310-909-3830 if you need dialing instructions, you could probably find something on the internet. Good luck.
Today is the second time I've talked to him. From where I sit its obvious someone is lying. Literally- my money says it aint Cory Gelmon. Time will tell though.
Here's more news news, I just got off the phone with Cory Gelmon. He said it looks like there will be additional joint venture agreements, since this one is working out so well.
INOL is looking strong here, next PR comes out this is going to fly.
Looking forward to this week, lets get some volume here.