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Friday, April 12, 2019 5:26:40 PM
Use of Proceeds . The Company shall use the proceeds from the sale of this Note for the satisfaction of at least $2,600,000 of existing amounts owed to DPW Holdings, Inc. pursuant to various outstanding invoices.
Price was 85 cents/share which I guess is not too bad, plus warrants.
We really need to start building these machines and executing the tolling model.
Filings hopefully will come outin the next couple months which should help the share price as well.
Based on the disaster that has happened with DPW, I need to protect my capital. I started selling AVLP, which has amazingly held up through all the turmoil, today at 80 cents and will continue to do so with a ladder of orders up to 2 bucks and my conscience is completely free in doing so. The time for the games is now over, and if I can get out with a decent gain in AVLP it will overshadow a loss in DPW which has been a total disgrace. It simply doesn't matter at this point, they have had ample time to make this happen and they simply haven't executed, and I am tired of excuses and have run out of patience. If it goes to the moon, great, I'll have enough to benefit from that along the way. I've been able to trade the stock a bit over the past year which has lowered my average and giving me a bit more of an impetus to sell in this next wave up should it occur which I expect it will.
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