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Fonzy35, you do realize that the management of CSHD has been convicted, for criminal, not civil, charges related to their stock fraud? That they are currently in prison for their actions?
And for those that still point to the trading volume being greater than the "float" as evidence of massive naked-shorting? Quick news flash....the "float" number comes from where? Oh...yeah...the guys who were convicted of fraud. And that high trading volume came from where? Oh...yeah...the guys who were convicted of fraud dumping new un-disclosed shares into the market after each bull-crap pump.
I hate shorting, the whole concept of it, and would gladly see it completely removed from practice. But fraud, blatant criminal fraud...not shorting...caused this mess.
People can deny that fact all they want, but it does not make it any less true.
The AVLN/IDWS/HLS/IDWD/WSA theme song
Nah-Nah-Nah-Nah,
NAH-NAH-NAH-NAH,
Hey Hey Hey,
Goodbye....
Waaaaaay too long in coming.
I would love to see some of the old-time supporters come back and comment on this, but I find that unlikely.
Best to all, see you around....
LITO
No kidding....
Summer or Fall of 2005, was the first I heard of this stock, with the $0.23 EPS projection.
And nary a report anywhere.
The SEC appears to be essentially worthless.
LITO
NOW they suspend it?
Way to show up late, SEC. Heck, this barn isn't just empty of horses, it has been converted to a home for wayward World Cup referees and dot.bomb executives trying to get into politics.
But by all means, put a lock on the door. (sarcasm)
LITO
$4,273.85 is large volume?
That, by the way, is the value at $0.0007, the highest value of the day.
The value is apparently now back to $0.0002, at 10,000 shares.
A measly $2.00.
Suffice it to say that it does not take many dollars to "paint the tape" on this stock, one way or another.
Cheers to all,
LITO
Hi bol,
Latest information from the probation office site.
http://www.seminolesheriff.org/en-us/advisories/registered_felons/registration_search.php?state=felon+detail&rfn=2613
You could also ask to speak with his parole officer to get any additional information to confirm an address if you are serious about pursuing any damages you incurred based on his fraud.
Good luck....as hollow as this may sound based on past difference regarding this scam, no one deserved to be conned by this guy.
LITO
But, if I am responsible for my own investment decisions, I might have to look myself in the mirror, and accept my own faults, flaws, and poor decisions.
Can't have that....nope, no way, nosirreee. What do you think this is, America?
LITO
Of course, because as everyone knows, if you can read it with your eyes, it must be true, and therefore iHub should have policed all those posts that you paid to read.
Oops....back up a second....
Never mind.
LITO
Must....not....give...in...to...temptation....ah, what the heck, who am I kidding.
Sorry, Crossbow....I cannot help but remember you defending IDWS/IDWD/AVLN/HLS/PGRD/WSA.....but I WILL try to make this the last time I bring back this oldie of yours....
5/20/09 - Crossbow says, "Another 4 or 5 months of upward moves like this and it could be above a penny!"
2/21/06 - Crossbow says, "I'll sell at $3.00. It will take a month or so to get there, but I can wait!"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=9820464
I hope you see the humor in this post....
Aahhhh....those were the days.
LITO
Wow....40 cents of volume today....
Must be that buyback....
That sure is makin' money, lol.
LITO
Ummm, crossbow, "Something Wrong Here!" has been the case with AVLN/IDWD/IDWS/HLS/PRGD/ for a very, very, very long time.
Now it is just a question of how many people got left holding the bag.
LITO
To bol or anyone else from the spin-off share days:
Any thoughts on how to get that HLS nonsense out of the brokerage accounts? Can't sell it.
TIA
LITO
NOBODY knows what this company is doing, because it 1) never completes anything it states in its press releases, and 2) tends to release only unverifiable vague nonsense. Which leaves only two alternatives.
A) They, which is really "he" aka Downs, is sooooo incompetent as to driving these miracle products (which no one can buy, especially since the company website is "Down"....again), that his entire company is valued at $253K. Most people have home loans bigger than the market value of these "incredible" products he has available. Pretty sad.... or .....
B) This is a pump and dump scam, which any level of research....any at all.....would show. With all the nonsense of AVLN/IDWD/IDWS, the associated HLS "dividend", 995ad.com, fake buyouts, fake mergers....the list goes on and on.
Fraud or incompetence? The answer is pretty obvious, so back to your supposed "order" for $15 million. You got called out, because every so often, someone show up to pump this stinky pink, with that same drivel.
So feel free to accuse anyone of wasting your time. Or put me on ignore, but if you want to challenge my statements, you might want to do better than the "please only respond with intelligent posts" schtick.
Good grief.....You want to know if it the same Downs? Does he only have one ear? Lots of skin blotches? Is from Florida? Is on probation for fraud?
Does that help?
LITO
Hi Patrick, how ya doing?
"Same Downs on this site? Ran into him this past week in NY as part of meeting with our client who gave him order for $15 Million in biometric products after testing and receiving first shipment of timeclocks. Biometric Time Clock was incredible, is this the same guy?"
Riiiiiighhhhhhttttt.........
You owe me a new B.S. meter. You ran mine right off the scale.
First post, now a series of "you bashers", "you shorties", blah blah blah.
Good luck finding anything material that has ever come to pass related to IDWS, IDWD, AVLN, and Downs. And by material, I am talking about more than the 14 flash drives he sold to potential franchisees.
LITO
But who will keep me in line now? lol....
Thanks for your service.....I am glad you saw the light on Down's little hanky-panky. There were many others who swore up and down that this was just "bashers" and "naked short sellers" trying to hold down the business of the century.
They also have never shown up since. Too much crow to swallow. Or cowardice. Or both.
My rule of thumb has always been that a) a good, real, and honest company will always survive/avoid bad news (let alone message board posts), b) MUCH more money is made by pumping (unlimited upside), than bashing/shorting (100% maximum gain).
Best of luck to you Trinityz1....
LITO
Massive capital infusion of $600.00
Huge investing going on, eh? <sarcasm off>
Where, oh where, has our little recidivist-pumper-CEO gone, oh where, oh where, can he be?
LITO
Has anyone tried requesting share counts from the transfer agent recently?
Figured I'd ask before wasting the call, since I have to believe they will still not give out the information.
LITO
Longer term chart, split adjusted. Too bad it doesn't show 2005 with the $0.03 share price up to $0.90, and then the crash. It might have helped the newbies to learn that this "story" has already been played before.
LITO
What happened to the daily chart posting? Nothing since close of market Monday, although I can understand why (hint: red is not good)
LITO
littebid, I used to say that same thing.... .01 is coming.
Of course, the stock was at $1.15 at the time.
Maybe you will be right as well someday.
GLTY, don't get caught holding the bag.
LITO
LOL, Blast from the IDWD past.
IDS Worldwide Solutions, Inc. Reports Revenue and Earnings Guidance; IDS announces Revenue Guidance of $25-30 Million and EPS of $.21-.23
ORLANDO, Fla., Aug 25, 2005 (BUSINESS WIRE) -- IDS Worldwide Solutions, Inc., (Pink Sheets:IDWS) announced today the Company's Revenue and Earnings Guidance for its Fiscal Year beginning July 1, 2005.
....skipping downward ....
IDS CEO, Patrick Downs, stated: "IDS' rapid revenue and earnings growth has led IDS to implement a 5,000,000 share buyback of the company's common stock. IDS is cognizant that the stock price does not truly reflect the value of IDS assets and technologies. Under the current buyback program, IDS has purchased to date approximately 600,000 shares in the open market and will continue to use free cash to repurchase shares and increase shareholder value."
Stock price was about $0.17 at the time, with about 41,000,000 shares outstanding. Market cap of about $7 million. Went up to a market cap of over $60 million at one point.
Stock price now? $0.0012, with about 1,200,000,000 shares outstanding. Market cap of about about $1.5 million, although as of a few days ago, a cap of about $120,000.
That's Downs for you, creating shareholder value, hahahahahahahaha hohohohohohoho hehehehehehe. <Whew>....
LITO
bucknaked, you're not suggesting that.... <gasp>..... Downs might be exaggerating....or even worse....MAKING UP THE WHOLE CHARADE? But the company names are there for companies that do company business with the unknown companies, that do business with AVLN's unknown company employees. So we at least know the company kept by the companies' company.
But the courier got lost, that's all, and the top executives were crooks, yeah, that's the ticket, and people could "save 500%" with 995ad.com, but the IPO was undervalued, yeah, yeah.
<snicker>
I like the sound of the "900% increase", but mathematically, isn't Downsie forgetting the slide from $1.00+ to .0001?
LITO
Chas56789, here is the short information. Clearly it was not an "illegal shorter" that created a fall in the share price, or over 750+% dilution since the split on June 30, 2008.
Aug 29, 2008 221,261 shares short
Aug 15, 2008 220,012 shares short
Jul 31, 2008 478,512 shares short
Jul 15, 2008 110,585 shares short
Jun 30, 2008 39,406 shares short
May 30, 2008 18,806 shares short
May 15, 2008 19,819 shares short
Apr 30, 2008 10,006 shares short
Apr 15, 2008 10,316 shares short
Mar 31, 2008 10,006 shares short
And I am willing to guess these numbers are only the timing differences relative to Downs dumping shares. Option exercises are technically short sales until the clearing period ends, and it is pretty obvious now that Downs has been granting himself stock left, right, middle, top, AND bottom.
T-R-A-I-N W-R-E-C-K....
GLTY, but don't get caught holding the bag like Downs did to the last group from $1.45 all the way down.
LITO
$12,000.00 total volume today, now we are definitely in daytrader territory. Explains the spam on other boards.
I wonder how many ways the $1,400.00 movement was split.
GLTA, don't get caught holding the bag.
LITO
750+% dilution since June 30, 2008. Still haven't seen a PR from the company about why they dumped so many shares into the market.
Or why they would now buy them back at roughly 7 times the price?
Unless it is all a scam, but that is evident to all....
LITO
AFTER diluting the O/S by +750%, since only June 30, 2008....
Let's see, that would only make it +500% dilution, if they actually bought back any material amounts of stock, which they won't. Downs will just rescind some restricted shares like he did in 2005.
Good news? More like putting on the backyard sprinklers to stop a thousand acre brush fire.
GLTY, don't get caught holding the bag.
LITO
If you are truly interested, it would be worthwhile examining the past history of IDWD before they tried to re-write history with the new AVLN ticker. They wiped the websites, switched off old news by going with a "merger" to a new symbol, etc.
Ironically, their paid promoter otcpicks.com has kept the link alive.....along with all the old press releases, from phony buyouts, lost couriers, dubai royalty, "top executive" hires, phony dividends, phony IEEE "awrad", phony car-ad site called 995ad.com, shell purchases, and on, and on, and on....
Here you go...
http://www.otcpicks.com/quotes/avln.php?t=d1&vs=true&qm_page=84850
The biggest thing he has learned is not to file anything with the SEC, since that would be direct perjury.
Like I said, good luck to you if you want a mo-mo play, but just don't get caught holding the bag.
LITO
Probably because the mod is ethical, and this company and its CEO are not.
I couldn't be party to a pump and dump either. Over 750% dilution since June 30, 2008. From a CEO who is on parole and who hasn't delivered on anything except some old worthless spin-off shares.
Why would anyone WANT to pretend this is anything but a scam?
LITO
James Bennett Grocock
Only name associated by internet search with the listed legal cousel, and Google does not list any numbers for him:
Business Law Group
919 Outer Rd.
Suite A
Orlando, FL 32814
The Business Law Group is apparently part of the package with Big Apple Consulting, the IR firm (see the link):
http://www.bigappleconsulting.com/baff.html
Ironically, if you put the address in Google maps, it comes up as a street with even number addresses only, because there is a canal on the other side. Must be an old map, I guess.
Someone should perhaps contact Mr. Grocock to affirm if he is truly representing AVLN.
Fun stuff....
LITO
Where did the pumpers go that were claiming naked shorts driving down the price?
Aug 29, 2008 221,261 shares short
Aug 15, 2008 220,012 shares short
Jul 31, 2008 478,512 shares short
Jul 15, 2008 110,585 shares short
Jun 30, 2008 39,406 shares short
May 30, 2008 18,806 shares short
May 15, 2008 19,819 shares short
Apr 30, 2008 10,006 shares short
Apr 15, 2008 10,316 shares short
Mar 31, 2008 10,006 shares short
And I am willing to guess these numbers are only the timing differences relative to Downs dumping shares. Option exercises are technically short sales until the clearing period ends, and it is pretty obvious now that Downs has been granting himself stock left, right, middle, top, AND bottom.
T-R-A-I-N W-R-E-C-K
LITO
m02, the numbers are already there, so this is just the rehash.
Prior to the split, there were about 74 million shares outstanding, with a 19 million share float, leaving 55 million restricted shares.
Post split, that would be 148 million shares outstanding, with a 38 million share float, leaving 110 million restricted shares.
The current information states there is now 1,268 million shares outstanding, with a float of 326 million shares, leaving 942 million restricted shares.
So…
Outstanding shares have increased by 1,120 million shares, a 757% increase, for 88% dilution to the non-inside shareholders from pre-split.
Float has increased by 288 million shares, a 757% increase, for 88% dilution.
Restricted shares have increased by 832 million, 756% increase.
Pretty obvious that the increase in restricted is, IMO, to maintain majority ownership of this shell, and to also provide a vehicle to support the buyback illusion by just turning back in restricted shares. This happened in 2005, where Downs claimed a 10 million share reduction from the “buyback”, but then had to admit he actually just turned in a bunch of restricted shares (he got called out since the volume didn’t support his buyback claims).
This is such an obvious scam, I don't think the SEC will even do anything.
Good luck with any trend plays, but don't get caught holding the bag....
LITO
Always fun to watch a company issue a press release to tout its own inclusion on lists generated by companies that are paid to promote the stock.
Let us see, here, what do they say on ol' OTCPicks.com....
"OTCPicks.com derives its revenues from Corporate Profiles, Executive Interviews, Stock Research, Investor Relations Services and Consulting Programs, and does, with full disclosure accept, compensation directly from the companies profiled, or from 3rd party companies. Compensation can be in the form of cash, common stock shares, or restricted Rule 144 shares."
"OTCPicks.com and its affiliates WILL buy, sell, and hold stock received from third parties as compensation for representing client companies, This should be viewed as a conflict of interest and all alerts should be viewed as commercial advertisement and NOT as any type of investment information."
Lovely....simply lovely. "Nope, no scam here, just plop your money on down, we'll get you all hooked into the latest and greatest bag-holding opportunities......"
P.S. I will let you all in on some nasty little secrets that Downs forgot to cover up as soon as I have saved out all the information. Not that the SEC seems inclined to do anything about it, but it is always fun to know it could keep him up at night.
LITO
I am pretty sure the WSA sales announcement was just Downs covering the sale (or loss from legal intervention) of the domain name to another company.
This way he can say "oh no web presence necessary since that business was acquired by AVLN".
Someone needs to grab him by the ear and march him right back to jail. Do not pass Go, Do not collect $200.
LITO
And it only gets worse, $.0003.
Yep, that is right. It would take 33.33 shares of AVLN/IDWD/WSA/HLS/POS/FUBAR/DUKI/POOP/TERD to make......
one penny.
Even at 18 million shares traded at the price of $.0003, that would be a whole $5,400.
Lest we here back from Downs' poodle, or any other apologists, about some great 66% increase if it bounces back to $.0005, for a $3,600 gain, not bad money if you can get back out.
LITO
Uh-oh look for another dumping session.
---------------------------------------------
Stock price $.0007, decline from June 25, 93%
---------------------------------------------
Posted by: crossbow Date: Sunday, August 31, 2008 6:26:16 PM
In reply to: Investorman who wrote msg# 22455 Post # of 22464
Watch the AVLN Pinksheet site over the next few weeks. It will change and the warnings will be removed. Remember, you heard it from me first. JMHO
---------------------------------------------
Stock price $.0009, decline from June 25, 91%
---------------------------------------------
Posted by: crossbow Date: Saturday, August 30, 2008 10:06:48 AM
In reply to: None Post # of 22464
I expect that the Pinksheets "Caveat Emptor" will soon be removed from their AVLN Pinksheet information page. Pinksheets won't reply to my emails about the matter, but I think it will be gone soon. Keep watching for the removal.
---------------------------------------------
Closed Stock price $.02, split adjusted $.01
---------------------------------------------
Posted by: crossbow Date: Wednesday, June 25, 2008 3:22:38 PM
In reply to: Investorman who wrote msg# 22325 Post # of 22464
I believe you will see the warning removed by Pink Sheets. JMHO
----------------------------------------------
LITO
I also had to laugh at the "buyback". While 50 million shares sounds like a lot when viewed by itself, the share price of two-tenths of a penny means that is a whopping $110K buyback.
Hell, I could do the buyback myself.
What a travesty....
Though I should be careful, since I am sure the next multi-gazillion purchase order (not sales, no, just an purchase order) is right around the corner, LOL.
I'd say shame on Downs, but at this point, anyone with any market experience that buys into this charade has no defensible position to complain if they lose money.
LITO
LOL an acquisition of WSA by AVLN.
http://biz.yahoo.com/iw/080807/0422978.html?printer=1
Avalon Technology Group to Acquire Biometric Company With GSA Contracts
Thursday August 7, 10:33 am ET
Avalon Technology Group to Use Surplus Cash Flow to Repurchase up to 50 Million Shares
ORLANDO, FL--(MARKET WIRE)--Aug 7, 2008 -- Avalon Technology Group, Inc. (Other OTC:AVLN.PK - News) announced today that the company has agreed to acquire Worldwide Security Acquisitions (http://www.wsasecurity.com), a cutting edge biometric and security company currently selling to Fortune 500 companies and government agencies under a GSA contract.
Avalon Technology Group (ATG) has agreed to pay $1,000,000 plus future incremental payments based on future revenue targets for this acquisition. ATG chooses to do an all cash deal using surplus cash flow from the previously announced $7.5 Million purchase order for its biometric products.
ATG will change the name of Worldwide Security Acquisitions to Avalon Biometric Solutions, and become a wholly owned subsidiary of Avalon Technology Group. ATG believes this acquisition will help the company achieve an additional $50 Million in sales through GSA purchases of Avalon Biometric Solutions cutting edge biometric products. This purchase includes all proprietary software currently being prepared to be submitted for FIPS certification and certain utility patents that are being submitted this quarter.
ATG believes that the company's stock price is currently extremely undervalued based on current and projected purchase orders for the fiscal year and the increased revenue stream to being immediately recognized with this acquisition. Therefore, ATG has authorized to purchase as market conditions permit, in both public and private transactions, up to 50 Million of the company's common stock shares in the current fiscal period. Based on future purchase orders the company may increase the share repurchase amount based on prevailing market conditions at the time.
ATG and its affiliates are currently negotiating contracts which when completed will allow the company to meet the current fiscal year's target of sales of over 1 Million units of its biometric mouse and biometric flash drives.
About Avalon Technology Group, Inc.:
Avalon Technology Group is a technology company with operations in software, manufacturing and security products. The Company and its affiliates currently conduct government sales under three GSA contracting vehicles including Minority Owned Women Business and Service Disabled Veteran Owned Small Business, which specializes in providing commercial and government entities with quality services, software and biometric technologies.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
Contact:
Contact:
Avalon Technology Group, Inc.
http://www.AvalonTechSolutions.com
or Call
Investor Relations
1-866-THE-APPL(E)
---------------------------
Too funny.....
LITO
"since you don't believe anything anyone says!"
Incorrect. Not to speak for Jungle, but it would be more correct to state that we do not believe anything said by a person who has repeatedly made claims which did not come to pass, which were untrue, which were grossly exaggerated, which were defended using pseudonyms on message boards, etc.
And that is without even examining his prior conduct, for which he was incarcerated and later probated. That person, just to clarify, being Patrick Downs, CEO of AVLN/IDWD/HLS/IDWS/KP/SNAFU.
That kind of conduct is the horse on which you are betting, and trying to opine that others should also bet on.
Either way, I have forwarded your claims regarding the AIG relationship to my friends that work there. Your claims are false, but I did not expect otherwise.
Have a nice day.
LITO
Flashback July 2007
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=20939337
Posted by: biotechrookie Date: Tuesday, July 03, 2007 10:00:35 AM
In reply to: Jim Bishop who wrote msg# 21498 Post #21499 of 22379
Why do I want to shoot myself in the foot..
If I called and reported Downs to his probation officer or the SEC which might cause him to go back to jail who would continue to scam the Sheiks who are going to buy us out? No, let Patrick continue! I wish he would pump harder to get the price of the stock up. I'm cheering him on now, because if he doesn't succeed I lose money. If anyone has their money invested in this con they better pump rather than bash. So from this time forward you will find me a PUMPER. It's in my best interest. Anyone bashing is just shooting themselves in the foot!!!
-----------------------
Good luck to you in coming back to the good side, but I wouldn't get my hopes up too much regarding Downs going to jail. The likelihood of Downs being held responsible for his actions seem pretty small.
Now, a civil suit for damages against the government, specifically the parole office, might get some traction, since it would be hard to argue they were not aware that the probation period activities of Downs were extraordinarily suspect.
Who knows?
LITO
A while back Downs' paid promoter had that share count. I believe I posted it here, but it is nice (well, actually, sad) to see it verified by the company.
"Outstanding Shares
73,803,569 as of Jun 28, 2008
Float
19,000,000 as of Jun 28, 2008"
Giving this the most objective spin I can, it looks like the float increase of 8 million shares is the biggest evidence of the dilution during the pumping on the last run up in price. The transfer agent gave information on 6 million of the 8 million shares, so I am guessing the $1 per share weighted average would hold true for almost all of it. The additional 2 million shares were suspected at that time as well, but not confirmed until now.
So the additional 24.5 million shares from 73.8 to 49.3, that are not in the float, are restricted shares, it would appear. I wonder if that was to maintain 50+% ownership/control after all the dilution.
I think I can reasonably say that our "watcher" friend was wrong.
LITO
Through the law of karma, the effects of all deeds actively create past, present, and future experiences, thus making one responsible for one's own life, and the pain and joy it brings to him/her and others.