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Re: BullRaid post# 26542

Monday, 03/22/2010 10:15:01 PM

Monday, March 22, 2010 10:15:01 PM

Post# of 97356
I disagree...
I see the volume has dried up, and anyone who looks at the chart knows that when the volume on AVEW dries up, the bid crumbles.
And when the bid crumbles, the stock drifts down.

The shareprice has been propped up by 1 5.3 million share payoff for a promotion, and another promotion that has not been shown to have been paid for, but was orchestrated by one site/group of sites.

AVEW had 5503 in revenues in the third quarter, did not release any information about the 4th quarter (and didn't have an event), and hasn't had an event and will not in the 1st quarter of this year either. The second quarter information, at the EARLIEST, would not be due until sometime likely in August.

Here's a LINK to those horrible financials one more time:
http://www.sec.gov/Archives/edgar/data/789667/000126246309000086/avew93009financialstatements.htm

Again, it falls on management to prove otherwise with full transparency...
1.No gagged T/A.
2.AUDITED FINANCIALS
3.Explanation of how the company had cash of $690 as of the end of 3Q, didn't put on an event in 4Q, and operated without dilution.
Let's go on the assumption that the company actually only spent 45K on the "event," as they are portraying. If that is the case, the company spent 45K a month in "administrative and general expenses" and about 10.8K a month in "CONsulting expenses."
Where'd they finance the 4th quarter? And for that matter much of the first?
4.Detail about the financial arrangements behind the "financing" of the next 4 fights.
5.Detail about the exact amount of preferred shares held by whom, and their voting power CURRENTLY.
6.A full statement of cash flows.
7.An explanation of why the company continues to promote "NO JUDGES" when the PSUAC states otherwise.

I'm sure that list can be added to.
There is nothing the company has done to justify a 3-1 forward split. And to date there is not a date for that split, nor do I expect it prior to the fight. IMO it was used to raise money before the fight by selling shares.

The company can dispel all of this with AUDITED FINANCIALS.
Imagine what one fully detailed breakdown of accurate, validated financials might do for the company.
IMO, that's about all we'll EVER do..IMAGINE it.
IMO/FWIW

"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"