"1. Is the company still alive?"
I think so, but I have no certainty.
www.avs.com
www.datascoops.com
"2. Do they have any income?"
I suspect yes, but the CEO wrote to me: "As a private company, AVS is no longer required to publish financial statements, however plans to keep in touch with its shareholders on a periodic basis via its website and other forms of public communication."
I have absolutely no up-to-date information.
"3. Since most of us were not informed of the merger so did not agree to merger, are we entitled to the last stock price of 0.13 per VMAN stock?"
Unfortunately I don't remember anymore about the details. You surely can find out from the filings. I think I did not have the option to vote, but I had the option to sell my shares to the company. But my brokers price for this was too high to decide to do that.
You could send an email to Mr. Sukman and ask your questions. If you get an answer, please let me know.
I am afraid, the only way we could see any money for our shares is that in the far future someone buys out the company.
It's not fair by the management to give no information to us. They are working with our money and we get nothing. No information and no dividends.
