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cardnut

10/02/14 8:58 AM

#1622 RE: davidsson10 #1621

HUGE!!!! WOW.... Same CFO of "Virtus oil and gas" (VOIL) as well....... This thing is fixing to MOVE IMVHO........
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General_Sevier

10/02/14 3:55 PM

#1625 RE: davidsson10 #1621

Has tiny impact. All current shareholders will only own 3.5% of the reverse merger company, if the reverse merger even happens.

Even after this, the reverse merger company is valued at todays price at over $60 million and Avant values itself under $10 million and I think it's less than $3 or $4 million.


All it means as other current OREO shareholders own a little more of the 3.5% than before. So the stock is less likely to fall as much as 95% in a heartbeat.