News Focus
News Focus
Followers 0
Posts 41
Boards Moderated 0
Alias Born 06/11/2001

Re: Georgia Bard post# 148

Wednesday, 06/20/2001 3:02:34 PM

Wednesday, June 20, 2001 3:02:34 PM

Post# of 717
I agree, we all know that AVBC is diluting its stock to pay expenses - they have been doing it for the 3 years I have known about them. And it is not illegal, you can read all about it each quarter. That is why the stock price is down and is why many have sold and waiting for some sales to stop the dilution.
Again, the problem with investor confidence, etc. is the company's CEO issuing statements - PRs - that are not actually true, or are so premature as to suggest lying or lack of knowledge of its business. I read a newbie offering that it takes several months to stock the shelves with a new product rollout. How come he posters here seem to know more about introducing a product than AVBC during the past few years?
knepperbob has come to the same conclusion as many have that the trading seems to suggest that the company is trying to pump up its stock with erroneous PRs to issue more stock at an increased price. Without the namecalling, which upsets those who remain steadfast that AVBC management is morally and legally correct in all its dealings, knepperbob's opinion does not seem refutable.
I dont have any knowledge of AVBC's latest financier kbob refers to, or if they are just relying on Llyon's Magnus to finance production and distribution, and I guess that deal knocks out the Plantinum factoring scheme. Should be an interesting 10Q this quarter and next when Llyons should be in full production accoring to the posts of increased store locations.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today