InvestorsHub Logo
Followers 122
Posts 43904
Boards Moderated 1
Alias Born 09/06/2012

Re: integral post# 46388

Wednesday, 07/03/2013 1:35:49 PM

Wednesday, July 03, 2013 1:35:49 PM

Post# of 221203
yep, pathetic at best

my favorite was when AVTC issued a press release announcing the 2012 financials, but failed to mention net income, and did mention revenues, working capital, cash position, accounts receivable, etc etc.

with the two auditors resigning, the fraudulent unaudited 2012 financials filed with otcmarkets, the failure to file 2013 Q1 financials, the fraudulent press releases and the less than arms length lucrative transactions with the Chairman's father, my guess is that this baby is headed straight into an SEC suspension.

and is not even considering two of AVTC's top clients, scam companies MDBX and JAMN.


That press release by AVT makes no sense. The terminology used are conflicting. I wonder if the CFO who screwed the pooch on the derivative accounting and caused the rift between the registrant and its auditor probably drafted the press release.

But that is what you get when you pay your CFO $65,000 per year to work in and live in very costly Southern California. I know maids that barely speak English and never went to school make more than that in Malibu. What a pathetic company.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.