Avitar, Inc. (AVTI)

[46er]

Just hung up with Gelmon. He says none of the delays are materialistic, but Mexico is Mexico. All of the run is being produced, and the whole run is also sold. It will be shipped to New York and then sent to distributors, as named in the previous PR. He said all involved are motivated ,by future agreements. Which will be much larger and have popular celebrity endorsements already lined up. He said he will PR when the shoes are shipped.
He said he was asked to come to Avitar to bring back a floundering company. He said this JV is doing just that.
He knows about the personal attacks against him on the boards. He says people are telling lies to make money bringing down the stock, for their own personal gain, too bad they are not held accountable. He also laughed and said class action lawsuit for what?
This is the third time I have spoken to Gelmon by phone. I believe he is doing what he says. He says AGAIN everthing is going according to plan, with a slight delay. I don't believe he would stake his name and reputation on a blattant lie. Remember this is the guy who built the Dominoes- I meant Domino's empire in Canada.
Edit: He also says he does not own any AVTI stock and hasn't sold a single shrare.