Avalon GloboCare Corp (ALBT)

[TripTrap]

I spoke with someone at Avalon GloboCare yesterday...

Considering where the price had fallen recently with AVCO I wanted to make sure the lights were still on at the company. She said not only are they on but burning brightly and said this is a very exciting time for their company. Of course she could not give me details as this is a public company but she said they have a lot going on.

I wanted to confirm the recent price decline was not because of new share dilution and she confirmed Outstanding Shares are still at 81,356,855. That is good news. She did say that Avalon's burn rate is quite low and they have 20 million in reserves right now...very good news and no reason to dilute. I also know they have a very wealthy chair member that has a lot of money who would pitch in if needed.

She said the current price fluctuations is just from short term speculative traders, especially with so many newbies coming into the market with people sitting at home because of Covid. It is not fundamentally driven.

Lastly she said they plan to do more and more to get word out about AVCO like "the New Approaches to COVID-19" forum the CEO will be participating in next week...

As I watch AVCO drop down more today this was a reassuring call. The day will come when AVCO does shine. This is company has huge potential with 3 blockbuster drugs they are working on along with other Covid related drugs. Anyone of these hit and this stock is headed North big time IMHO...