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I was out washing and waxing the car evidently when that took place. I see it tried to break above 1.04 3 times on the 30 minute charts - and when it couldn't, it appears a selloff back to 1.00 temp-daily support happened. Who knows, I doubt we go up above 1.04 without good news - tomorrow is the 15th, and it seems that news about monthly financials does appear on or about that date.
Good luck to us 😂
I sure wish I would have known long ago how inept the management, board, and even the
Investor Relations group was for this POS company. I have written them many times now
and have not gotten ONE response.
I am down hard enough now that I just have to stick with this penny stock trading POS.
Unfortunately, we still have a blocker/manipulator using EDGX (as usual).
Now that my friend, would be a wonderful way to start this new season.
Best of success - and why not throw in a little luck too.
I would say your estimate is well within the range that would be reasonable.
I wrote to IR (Frank) last week and asked him to see if management could
include specific news about the America's business, what it is bringing to the
overall picture etc. He responded and told me he passed my information
on to management.
Trying to estimate August income though isn't easy - it will be first reports on the
America's business and we aren't sure how much income has been lost from
the Ukraine ports.
Anyhow - we should know by Tuesday of next week - hopefully sooner.
BTW, I had a HARD time buying more today at 1.01 - seems like the brokers
wanted to trade amongst themselves - I was only able to grab 1000 more shares
and I got that in bits and pieces. 100 shares, 17 shares, 12 shares, 25 shares,
383 shares, 400 shares and then the final 63 right before regular hours closing.
In other words - there wasn't any DUMPING going on at all today.
Well, I wish you all good luck. I hope Karma takes care of one individual though.
I am done posting here - if the moderator's wish to delete all of my posts
- that's fine with me.
10% drop in price, ten cents per share.
Local LA body reconstruction dude partner's with Avenir.
Now that's going to do a whole lot of good. Down 10%
Now, how does Nancy Duitch know him so well - maybe
he's taken the knife to her several times 😂🤣😂
Heck, who knows... maybe he's worked on Nicole too.
But of course, that was long before she started pushing
skin care products that cost $99.99 per ounce/30ml which
of course highly limits the number of women who can afford
to purchase it. (good for the rich girls, bad for the rest)
Just keeping the narrative real.
Well, if Nicole Kidman after 3 years fails to do anything for the share price..... except down over
$ 1.50 per share .....
this dude won't either. Wow, a plastic surgeon. A new low 😂
If a pretty face won't sell product - bring in a T & A man 😂🤣😂
I found the latest over 1.3MM share dilution.
From 71.1 MM to 72.4MM why not give all the board of directors over 186 thousand more shares each.
When the company is truly doing crappy - sure all of these clowns deserve to dilute the shareholder value. It is supposed to be reward for earnings - not reward for losses.
.
What a joke......
https://www.avenirwellness.com/sec-filings
Avenir Wellness Solutions has a total shareholder equity of $-7.9M
and total debt of $7.8M, which brings its debt-to-equity ratio to -99%.
Nine Cents .09 is a GIFT
By the way - 2 more responses to my experiment on Facebook.
Male answer - No and No
Female answer - No and NO
(I think my buddies spirit came and entered my body - he's trying to warn others)
I even mentioned in one of my email's to IR - that the short selling might be from
the likes of TESLA or other competitor making Tritium look like shit to investors.
If that's the case, it's definitely working - and I am PISSED OFF.
If they are converting without the proper filings - then - they are definitely opening
themselves up for a major class action.
I also mentioned the past month from when Blinken and Kennedy were there that
it went to 1.52 and then to new all time lows in just a stinking month.
THIS MIGHT BE A GOOD SHORT SQUEEZE TIME.
But there just doesn't seem to be any interest with the continued shorting.
I have contacted them numerous times - even mentioned contacting my congressman and
senator's - also mentioned they should hire a law firm to see who is illegally naked short-selling
their POS company into the ground. Even before those - I just asked very mild questions.
I have never gotten a single reply. Today I sent one mentioning class-action lawsuit as there
is something very very suspicious going on. I'll never get a response from these down under
clowns.
Key psychological word used "DOWN" the path.
.
What company wants to partner with this company that trades on the Pinks, has no real cash
in the bank, has tons of debt, has never turned a profit, has very limited sales data available
and also is defaulted on convertible debt?
DOWN is the way she goes - down down down.
BTW, DNA Serum is $99.99 per OUNCE.
That price sure ELIMINATES a heck of a lot of people.
Seems a bit ridiculous to me... but what do I know ?
They do though.... give a big 10 dollar reduction in price if you sign up for
recurring purchases. Believe it or not, they still charge shipping too.
So, you pay over $90 per month - just a damn joke.
https://seralabshealth.com/products/dna-complex?utm_source=Googleads
As I have "NEVER" seen a single advertisement (except a targeted one at the top of my Yahoo mail - due to searches):
I am going to do an experiment on my Facebook page. I am going to ask if anyone has ever heard of Avenir Wellness, Sera Labs or Sera Topical or Nicole Kidman's Eye Serum, DNA complex etc. My guess is - None have.
Everyone else should do the same on whatever social media platform you use - report back.
This is how I just posted my experiment on my FB page:
Just One post as an experiment :
Has anyone heard of Avenir Wellness, Sera Labs or Sera Topical or Nicole Kidman's Eye Serum, DNA complex etc. & If you have, or just now are seeing it - would you pay almost 100 dollars just because Nicole Kidman is sponsoring it ?
https://seralabshealth.com/pages/introducing-dna-complex?utm_source=Googleads
THESE WILL BE COPY / PASTED FROM RESPONSES - GOT THE FIRST ONE ALREADY:
from female respondant
Yes, heard of it. No, wouldn't pay that price.
$900 worth of stock traded today over 2 trades.
1. 2000 shares @ .10 = $200 3:03pm
2. 5000 shares @ .14 = $700 3:08pm
There hasn't been any "accumulation" going on with this stock for over a year.
When the price of a stock or other asset is rising, especially on rising volume,
it is said to be under accumulation. This means that traders and investors are
willing to buy the asset in mass. Once the asset starts to decline in value, this
is called distribution.
This stock is "barely" trading at all.
Anyhow, there isn't much buying or selling going on with this as not too many people want to
gamble with their money on an unknown company that has no volume, has no cash in the bank,
has millions in debt, has defaulted loans, barely trades on the PINKS etc.
Facts and Numbers - Facts and Numbers. (keeping the narrative "real" here)
HALTED ??? NO TRADES 2 DAYS NOW ???
As you know, I had been trading this off/on for many years. I decided to drop it all together after
many "rumors" of ole Robby boy - and the IONIC defaults. I believe I exited mid-Feb '22 at around
Fifty cent level. (there had been a small rally and I decided to cut and run) I kept warning my buddy to get out - but at that time he was already down over 40K. Before he died - I am pretty sure he was down close to 90K as he kept adding believing the rumors that were being spread around.
I've been warning other people since - as have you. So, I know many here have been here longer
than that - so that is why they are the POM POM people - because they are still in and DOWN HARD.
Most didn't heed my warnings (and I know you had been giving warnings and facts all along) and even
if one is bullish now - you'd be able to have 5 times the amount of shares since that 50 cent level.
Anyhow - for Robby Boy to still be the chairman of the board - that - is a real warning sign.
Here is a post that I made in regard to warning my buddy - and I also called him warning him to get
OUT.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167934297
Back in at .98 but wondering if I pulled the trigger too soon.
Looks like SHIT again today !
Oh well - if they are on the up and up - should still be okay.
Trading Halted - Lack of Interest
It's definitely a POS that is being short sold into the ground like no other NASDAQ stock.
It trades more like a stinking-ass penny stock. You are probably right... if it doesn't hold .82
watch out below.
1.52 down to .87 in a month.
The company doesn't seem to give a shit about stock price period.
3 hours into the day ZERO trades.
Anyone truly interested, can find a plethora of information at these links - you must check out all of the
results of the first link:
https://tinyurl.com/ysfwu6x8
This link satisfies why I doubt that Avenir received the 2MM by the end of August.
https://disclosurequest.com/form/tf-tech-ventures-inc./0001946734-22-000001
906 Dollars - 2 Trades all day
- 2 uninformed traders (or 2 gamblers)
- 3,000 shares at .082 $246
- 6,000 shares at .110 $660
- massive volume
- wooo hooo up 22.22 percent (lol)
The old saying "a fool and his money are soon parted"
VERY PROBABLE BANKRUPTCY CANDIDATE
It really doesn't take an immense amount of logic, reasoning, and ability to read between
the lines... especially when noting all the numbers posted over and over and over again
here for those who care to fully read the past FIVE 10Q's. This company is in real trouble.
You just can't "wish away... nor pom pom away" the facts and the numbers.
BLAH BLAH BLAH BLAH
Numbers and facts matter - not "forward looking BS expectations"
Bankruptcy will find this company.
LIQUIDITY AND CAPITAL RESOURCES; GOING CONCERN
We had net cash used by operating activities for the six-month period ended June 30, 2023 of $2.6 million, and as of June 30, 2023, we had a cash balance of $175 thousand and an accumulated deficit of $121.2 million. The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. We believe our current cash balance coupled with anticipated cash flow from operating activities will not be sufficient to meet our working capital requirements for at least the next twelve months. We cannot give assurance that we can increase our cash balances or limit our cash consumption and thus maintain sufficient cash balances for our planned operations or future acquisitions. Future business demands may lead to cash utilization at levels greater than recently experienced. We may need to raise additional capital in the future. However, we cannot assure that we will be able to raise additional capital on acceptable terms, or at all. To date, we have funded our operations through cash generated from our product sales, issuance of common stock and promissory notes.
And of course - the PROMISSORY NOTES - they are DEFAULTED on.
Bad news - all featured are NEGATIVE
Avenir Wellness Solutions press release (OTCPK:CURR):
1. Q2 net revenue decreased slightly year-over-year and sequentially from Q1 2023 to $1.0M.
2. Gross margins for second quarter decreased by 152 basis points to 71.4% in 2023.
3. Net operating loss from continuing operations (excluding non-cash charges) increased by $450,000 in 2023. (that is LOSS Increased)
Maybe they can't even afford to do that.
Yes sir - only facts and numbers truly matter in quantifying a company and thus it's stock price.
This one is currently WAY over priced. .08 to .09 on the bid is a GIFT. It is really only valued at about .02 and that doesn't take into account the IONIC defaulted debt.
* Price-To-Sales vs Peers: AVRW is expensive based on its Price-To-Sales Ratio (1.8x) compared to the peer average (0.4x).
** Avenir Wellness Solutions's earnings have been declining at an average annual rate of -0.3%, while the Pharmaceuticals industry saw earnings growing at 11.7% annually.
My guess is that they needed that cash to finalize the Zambia Farm acquisition.... but not sure.
I am though, getting pretty damned tired of whoever is blocking the upward movement utilizing
EDGX as their broker.
Getting really damned tired of that bullshit.
https://www.accesswire.com/viewarticle.aspx?&id=776418
Yes, but you know as well as I do, there isn't a single person within Avenir Wellness
that knows anything at all about running a publicly traded company (which requires such
filings). I'm not even sure their new accounting firm does. Time will tell.
And, it's really quite fascinating that none of the bullish people here even knew about the
partial payment coming from the defaulted 2MM until I pointed it out here and KP2 actually
took the time to read my post and looked at Note 20 in the 10Q - if you don't know what's in a
10Q, you should go read trading/investing 101 😂
I'm interested in knowing if any of the remaining payments came in.... supposed to be paid
by today. I'd be very surprised.
TODAY'S VOLUME SO FAR - NADA - NOTHING - ZERO
It's kind of sad that you never see any of the Number and Facts posts up in the "YELLOW" area 😂
Oh wait - I'm not a moderator and I only post numbers and facts.
Numbers and Facts for Avernir Wellness
Avenir Wellness Solutions (AVRW) Risk Checks - Fail
1.) Are they in a good financial position? Has less than 1 year of cash runway - Fail
2.) Is their share price liquid and stable? Highly volatile share price over the past 3 months - Fail
3.) Do they have negative shareholders equity? Negative shareholders equity - Fail
4.) Are revenue and earnings forecast to grow? Earnings have declined by 0.3% per year over past 5 years - Fail
5.) Do they have a meaningful market capitalization? Does not have a meaningful market cap ($9M) - Fail
6.) Have shareholders been diluted over the past year? Shareholders have been diluted in the past year - Fail
7.) Do they have meaningful levels of revenue? Does not have meaningful revenue ($5M) - Fail
8.) Are there any concerning recent events? No concerning events detected - Pass
9.) Do they have sufficient financial data available? At least 3 years of financial data is available - Pass
10.) Is their dividend sustainable? They do not pay a dividend - No dividends
11.) Are they forecast to achieve profitability? No
12.) Do they have high quality earnings? Unprofitable so not applicable
13.) Have profit margins improved over the past year? Unprofitable - Fail
14.) Has there been substantial insider selling in the past 3 months? No 3 month insider trading information.
Other points:
1.) High ROE: AVRW's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
2.) Avenir Wellness Solutions has a total shareholder equity of $-7.9M and total debt of $7.8M, which brings its debt-to-equity ratio to -99%. Its total assets and total liabilities are $3.7M and $11.6M respectively.
When looking at the numbers above and then factoring the latest 10Q with a quarterly LOSS of $209K and a very BLOATED share structure of 72.4 MILLION shares - I am not sure how anyone can be BULLISH this ticker.
Wow, I wasn't here to take advantage of that dump - but boy oh boy - you called it
11 hours before it happened. I hope you shorted it... because if you did, you made
cake and pie both. What a shit show Chinese stocks are. Quite the gamble.
https://www.dhakatribune.com/financial-markets/323477/reto-eco-solutions-nasdaq-reto-down-83%25-china
Hey K2, my post wasn't aimed at you. I also respect your stance here. My post was a general
encapsulation of the many things I have been pointing out for over a year - when - the stock price
was MUCH MUCH higher.
As for Nancy Duitch - she was part of my narrative in that post. She has changed product lines
several times - I was trying to point that out. And as well - this company is so upside down that
it's going to take a LONG time to get the price to go up.... especially as the Outstanding stock
numbers continue to increase - as I also pointed out in a previous post. (not saying there won't be a blip)
Please don't think I was aiming my prior post at you - I was not. Just happened to be "replying"
as I had just read your post in response to DNA DNA DNA - sorry - this DNA stuff just makes me
think of all of the CBD CBD CBD before. (Nancy changes products more than I change my underwear)
From their ad's "and works from the inside out" - you apply it on the "outside" so it can't work from the
inside out. Products that work from the inside out - are ingested. Just more BULLSHIT. You apply it on the outside, so it works outside in. - it is possible that it does absorb into the skin more easily.
Anyhow - wishing you a wonderful evening.
I find it quite "entertaining" to see all of the "parrot" comedy that goes on here. I found out the easy
way that no one here besides myself and SOTG actually read 10Q's and really know what's going
on with this company (numbers and facts - not pretty faces). As with this DNA complex/serum - if anyone really watched the video's etc. that I have posted - Nancy Duitch is in the game to enrich herself.
Her product line when she got involved with Cure Pharmaceuticals was all based on the "HYPE" CBD product lines (had nothing to do with cosmetics etc.) That is how her and ole Robby Boy got hooked up "CBD". That went nowhere and thus the switch to the current product line. As well, if you listened closely, you would easily understand that she goes with whatever product which also DOES NOT have to be an FDA approved product. In such - I am certain that Nicole Kidman and Ole Robby boy didn't sit down together and formulate the DNA "deep nano actives" Serum. DNA DNA DNA DNA DNA DNA I'm laughing so hard.
I mean come on now - DNA - the new catch-phrase to promote the product and make it appear
as a NEW SCIENTIFIC breakthrough. Pure BULLSHIT. As well, I posted a few articles showing
where ole Robby Boy was part of some fairly major LAWSUITS in his past life for formulating
other products which weren't FDA approved - and they caused enough damage to warrant lawsuits
in the MILLIONS of dollars. As far as Nicole baby goes - she takes money and stock from many
different companies - not just Avenir Wellness - I posted those links as well. She is also in this for
the money - not to impress her girlfriends. Maybe one day she will be involved in a lawsuit when this formulation causes severe skin damage around her eyes - hey - you never know....
Oh well - a fool and his money will soon be parted.
If you like nature, good food, super nice people, incredible fruits and veggies at affordable
prices all year long - then you would enjoy it here. Oh yeah, it also has over 20 different
climate zones - all within this very small country. Oh, did I mention, beaches, mountains,
waterfalls, volcanoes and some of the rarest wildlife you can imagine ? yeah, it's worth a visit.
He was responding to my retirement home - I mentioned it in one of my posts.
It's an incredible place to trade from - to live - to enjoy one of the most biodiverse
countries on the planet. I love it here. It though, after the pandemic has become
much more expensive to live - but then where hasn't ?
Pura Vida = Costa Rica