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They really can't afford to keep Nancy Duitch or Rob Davidson around either!!
No money to pay POM-POMS or officers!!
DEFAULTED DEBT doesn't allow any equity to debt financings to happen. Sad situation!!
AND a GIGANTIC market for it!!
Good progress??? REALLY????
A total disaster!!
Good things come to those that have been patient. Relax.
Have a pleasant weekend all.
IMO; no Investment Banker will take this project on, as the DEFAULTED DEBT restricts the ability of this Company to raise either equity or debt. The reverse split doesn't alter that.
Even a restructuring won't work as the DEFAULTED DEBT will prevent anyone from putting money into this Company.
What is there of value in this Company? Crown Jewel went to RD (who still hasn't fully paid for it) and what's left is a ND sales and marketing effort with NO MONEY to support it.
Pura Vida to all!!
Our products do NOT maintain sales levels!! They are DOWN 43% vs last year's same quarter.
Nancy could try to keep spinning; however: Sales DOWN. Cash GONE!! DEBT in DEFAULT!! Those are the REAL FACTS!!
Pura Vida to all!!
LEADER OF THE POM-POMS!!!!
You don't get it.....NOBODY will raise this Company funds through debt or equity. UNBANKABLE!!!
FYI; Accounts payable has gone up by $500,000; the $1,250,000 still owed to Avenir for a year and a half (by Rob Davidson's Company) if it ever gets paid will come in the front door and go right out to pay bills!! Nothing for the DESPERATELY needed advertising!! What a shame to miss the XMAS selling season due to NO MONEY!!
This is truly a VERY SAD situation, AND don't forget the DEFAULTED IONIC debt is still outstanding so NOBODY WILL FINANCE THIS COMPANY!!!
PURA VIDA TO ALL!!
Do you really think today's news was encouraging, or are you just a PAID FOR POM-POM trying to earn a couple of bucks per post?
Maintain sales levels??? $1,015,000 2023 3rd qtr VS $1,784,000 3rd qtr 2022!!! A 43% DECREASE IN SALES!!!!
Rob Davidson is still Chairman of Avenir as his Company (TF TECH VENTURES) that "bought" Avenir's Crown Jewel patents (in July 2022) has still not completed paying for them. It sure SMELLS to me!!!
You just can't make this stuff up!!! Perhaps he's trying to Bankrupt Avenir to steal the balance of their patents?
Pura Vida to all
Sales DECREASED to $1,015,000 in 3q 2023 from $1,784,000 in 3q 2022.
NO $$$$ = NO ADVERTISING = NO SALES!!
Nancy could try to put lipstick on this pig; however this tells it all.....
As of September 30, 2023, the Company had $189 thousand of cash on hand, had an accumulated deficit of approximately $123.4 million and a working capital deficit of approximately $10.8 million. Our operating activities consume a portion of our cash resources. We anticipate that we will continue to incur operating losses and negative cash flows from operations as we execute our strategic and business development initiatives. The Company may need to complete additional equity or debt financings to fully execute its business plans and strategies.
Their new auditor has been in place for a while. No good reason to not file on time!!
You won't have to wait long now for financial. Due tomorrow!!!
I don't expect it to be pretty!!
That's not even a jog. There will be a day after this Company is financed and uplisted, when it will finally file an IND and then I predict you will not see a run; but a real sprint!!!
We'll see the financials soon enough. I suspect sales will be disappointing.
The balance sheet will be a disaster!!
It seems obvious to me reading CUBT's last press release.
There is no indication of a pivot from AMD to Glaucoma. I think by bringing Dr Liebmann onto the Board you might be "looking" at the addition of Glaucoma to list of diseases of the eye that Metformin might be able to treat.
You can't really believe that with the abysmal financial condition of this Company.
Wait to see the 3rd quarter financials in a few more days!! I predict; they won't be pretty!!!
Do you also believe in TinkerBell ?
REALLY??? Who are CUBT's largest shareholders?
Her advisers would NEVER allow her to go on the Board of this failing Company!!
How could anyone call Avenir "a value stock". That's totally ridiculous!! What is of value here? The Defaulted Debt? The cash on the balance sheet?
There really is nothing of value here!! They "sold their Crown Jewel" to a Rob Davidson Company and didn't even get paid for it. Yet he continues to remain Chairman. Absurd and a Complete Conflict of Interest!! What is wrong with this Board of Directors to allow this? They have a tremendous liability! How to defend this?
If Rob Davidson doesn't resign, then the Board should fire him or alternatively, they should all resign!!!
Avenir can't afford main stream advertising. NO MONEY!!!!
EXCELLENT POST GONZAL. Clearly this is why we are shareholders in Curative!!
More meaningless paid for POM-POM stock promotion. It's incredible that Avenir is paying POM-POMS when the have no money. (at least they are expecting to get paid).
They sure don't generate any stock buyers. A real waste of money hiring these POM-POMS!
Dr. Jeffrey M. Liebmann graduated from Boston University School of Medicine, completed his ophthalmology residency at the State University of New York/Downstate Medical Center, and his glaucoma fellowship at the New York Eye and Ear Infirmary. Dr. Liebmann serves as Shirlee and Bernard Brown Professor, Vice-Chair, and Director of the Glaucoma Division of the Department Ophthalmology at Columbia University Medical Center. He is a fellow of the American Academy of Ophthalmology, Association for Research in Vision and Ophthalmology and American College of Surgeons. Dr. Liebmann serves as a member of the Board of Governors of the World Glaucoma Association, Board of Directors of The Glaucoma Foundation and Secretary-Treasurer of the New York Glaucoma Society. Dr. Liebmann is a past-President of the World Glaucoma Association, American Glaucoma Society, and the New York Society for Clinical Ophthalmology, Emeritus Editor-in Chief of Journal of Glaucoma and was co-founder of the New York Glaucoma Research Institute, the American Glaucoma Society Foundation and ASCRS Glaucoma Day.
In addition to maintaining a busy tertiary-care referral practice in New York City, Dr. Liebmann is Principal Investigator for the NIH African Descent and Glaucoma Evaluation Study (ADAGES) and Ocular Hypertension Treatment Study (OHTS III) at Columbia University and is the author and/or co-author of more than 1000 medical and scientific papers, book chapters, and abstracts. He has lectured widely in the United States and abroad on glaucoma diagnosis and management. His current main areas of research interest include the causes of glaucoma, glaucoma progression, glaucoma surgery, ocular imaging, and neuroprotection.
POM=POM!!!
No $$$$ to do real advertising!!
We don't have to wait long; quarterly numbers for Q3 are required to be filed by November 15th.
Now you have an idea why Dr Liebmann is joining the BOD. Perhaps the top DR in America treating glaucoma.
OMG; if that did happen the POM-POMS might not collect what is due to them.
That won't happen until this Company is uplisted which I don't think will be long now.
You've been saying the same thing all the way DOWN!!!!
Thank you; Someone who remembers where this Company is headed. Yes, it's been a longer journey than expected as the capital markets were on lock down. Now; finally Curative is getting ready to accomplish all that we expected.
POM-POMS working overtime!!
Fundamentals do matter!!
NO CASH
DEFAULTED DEBT!
Rob Davidson; Chairman of Avernir is President of TF Ventures that bought Avenir's Crown Jewel and hasn't paid for it!!
Accountants resigned over poor accounting standards.
You make statements and have no basis for saying this. Is it possible that someone needed these funds or perhaps took a tax loss? People sell for all types of reasons.
It is incredible to me how one 2 1/2 million share seller (for whatever his/her reason may be) changes the entire sentiment here on this board. A seller (for whatever his/her need for cash is), bears no indication on what might or might not be happening at the Company.
I guess everyone makes their own choice whether the seller created a buying opportunity or follow the seller out the door.
Anyone "investing" in a penny stock with such scared money, doesn't belong here. Know the opportunity and the risks vs the potential rewards!
GLTA!
The bunch of posters here are PAID FOR POM-POMS. It is so obvious and they can't change the pathetic management of this Company.
The results speak for themselves:
DEFAUTED DEBT!
Haven't been fully paid by Chairman of this Company for the Crown Jewel that his own private Company "bought" from Avenir.
Auditors resign over poor accounting standards
No Money to do REAL advertising
Paid POM-POMS
Sales not meeting expectations.