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Wednesday, December 30, 2015 10:21:43 PM
http://invest.avalancheinternationalcorp.com/
is showing around 5.8 million. Next month they will open it up to the public including all existing Suhr customers, people that aren't exactly poor to afford these guitars.
Depending on how much they raise will open up opportunities for growth in the industry including buying other brands, expanding their own selection, faster turnaround of orders, better terms for their dealers and expanding their dealer base, so that they can compete with some of the larger known musical instrument companies.
Ultimately they will get listed on the NASDAQ instead of with these penny stocks.
The stock is currently selling at a bargain basement 20cents/share on very low, sporadic volume, with almost no attention whatsoever. Do you think that this stock will be selling at this price in a month, two months, three or 6 months from now, I don't think so. Granted the share structure will change in order to accommodate the inpouring of money, but I can tell you this much, it won't be 20 cents a share.
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