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loanranger

09/25/14 7:52 AM

#5906 RE: Calibron #5905

Here's what the headline of the PR said in big, bold letters:

AVT Posts Financials Through June 2014


What they don't say is that there have been no financials posted for the year ended December 31, 2013 AT ALL....audited, unaudited, shmaudited.....NONE.
http://www.otcmarkets.com/stock/AVTC/filings

If you look at the filings at the above link you will see one that SAYS it is for the period ended "Dec 31, 2013", but if you open that file up you will see that it actually includes filings for the period ended SEPTEMBER 30, 2013.

Even if you knew or were provided with the correct answer to your question....
"I guess interim financial reports do not have to be audited but uhh don't they need to turn in audited annual financials for 2012/2013?"
....you can be sure that this company would provide something other than what is required.


I'm sure you read the press release, but I suggest that you read it again. The issue of audited financials is addressed in the paragraph that begins:
"Before I do that let me address an on-going issue of which you are all well aware; the completion of our audited financial statements for the years 2012 and 2013, and their filing with the SEC."
At no point in the process of "addressing" the issue does he say when such statements will be provided or even IF they will be provided. He does, however, go into some detail regarding the "range of emotions" he has gone through surrounding the issue.

I don't know how an investor can give this any serious consideration.