Avalon Technology Grp (fka AVLN)

[jonesie54]

Here is your answer. If HLS had really put up 50 million in escrow to complete the buyout, why did Downs issue a December PR stating that HLS had put off the deal for the short term because they needed funds intended for the buyout to build inventories of flash drives?

Unless the float is now millions of share larger than the last reported number of 20 million from the transfer agent before Downs gagged him, 50 million would have covered the cash obligation. Downs had previously stated that IDWD insiders would accept cash and notes for their restricted shares.

Do the math and you will have your answer.

Maybe the float is really 30 or 40 or 100 million or maybe HLS never escrowed 50 million. It has to be an either or. There is no other answer.

Downs isn't all that smart. He forgets part of his previous story everytime he concocts a new lie. Use simple logic and math and you will nearly always catch this con man in his scam