truethat -- I guess we're in the same sinking boat. So do we stay in the boat and hope to be rescued or do we abandon ship and try to swim to shore (through shark-invested waters)?
I keep hoping that despite his checkered past, Higgins is really trying to build a successful company and that perhaps some of his bass-ackward decisions in the past were just the desperate measures of an entrepreneur trying to keep his small company together, often making deals with the devil in the process. I really, really, hate to think that the whole thing was just a sucker punch to a bunch of small-time investors. Don't the crooked penny stock businesses go bankrupt as soon as all the money has been paid out to a cabal of "consultants" and company officers? Part of my hopefulness stems from the fact that this company keeps trying to be successful.
Does anyone know who the market makers are for AVEC? I mean, who is setting the bid/ask spread so high? AVEC used to have a low spread and therefore very good liquidity.
What's frustrating me the most is that there is almost no public information about this company. I thought that even the OTC pink stocks had to submit at least some basic financials every quarter to be legally sold in the USA. I thought that the SEC had reformed these markets somewhat -- at least that's what I was told. I wish I knew someone in Dubai who could go pay them a visit. Sigh.
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