Avitar, Inc. (AVTI)

[TAKURI]

SRV-90 Tuesday, 10/26/10 11:59:14 AM
Re: None 0
Post #
91
of 109
AVTI is operating under Cory Gelmon who is connected to NIR.

Currently Gelmon is attempting to convert a debt from AVTI by saying they are doing a JV with a shoe manufacturer that had one type of shoe to sell and hasn't had any other shoes since 2007.

They filed the PR's in an 8-K(Astounding I know) and misspelled the company they are doing a JV with. Shoes were to be shipped at first to stores in August and now it's been delayed twice to November 15th.

Several shareholders have contacted all stores and none have heard of those shoes.

Gelmon is there to simply convert the debt and walk away leaving many people holding bags of useless shares.

Company is Pink Sheet Caveat Emptor(Go figure)

Gelmon has lied to shareholders over the phone but won't put it in writing.

One of Gelmon's other stocks..CYSG..has been suspended for lack of filing. I have no doubt this one will be halted soon as well.

Hope to see it happen to minimize damages to current shareholders.

Cheers https://investorshub.advfn.com/boards/read_msg.aspx?message_id=55942361