Advantis Corp. (ADVT)

[sir90]

Not only were Q1 revenues too low to support this share price

(having a nearly $12Mil market cap), but this Quarter’s results, ending June 30th, will be FLAT from ADVT’s Amstercan sales due to zero increase in canning capacity over the first quarter.

They had their fiction writer announce in February that they were in negotiations to purchase a triple capacity canning machine. Here we are 3 Months later and still no new machine. This stock has been in a downtrend all this time since then (since $.035) and will continue dropping for a while, IMO.

Supposedly, ADVT was producing Amstercans at full capacity last quarter using its original machine, but they claimed that wasn’t enough to meet demand, and therefore, needed a bigger, more efficient machine to get better results. Fine, BUT..For this entire 2nd Quarter, to date, nothing has changed in regard to Amstercan capacity since they never got the new machine that WOO was talking about in such glorious terms. Those 3 and 4-times increases in production that WOO was predicting in his press release never came about, and my stock that I bought in the low-to-mid 03’s lost so much value it was insidious. So, thanks a lot for your false and/or misleading crap, ADVANTIS. Cost me a bundle.