Avalon Technology Grp (fka AVLN)

[Investorman]

"still not convinced it was a felony conviction"

If you don't believe the court records, there is probably nothing that will convince you. It was a conviction on 12 felony counts. What makes it relevant is that they were all related to securities fraud and he will remain on probation until 2012.

No, I wouldn't expect him to put in PRs that he is a convicted felon and I wouldn't expect him to put in a PR that his ideas were not yet in action. I would expect to see that business plan reported in a 10Q or 10k as well as the progress that has been made to this point but, of course, he isn't making the required filings which would disclose much of the information investors need to make an informed decision. He has also gagged the company's TA who also has information investors need to make an informed decision. There is never any reason for gagging the TA except to hide dilution from shareholders and potential shareholders.