Replies to post #12148 on Aventura Equities Inc (AVNE)

[Art2Gecko]

yeah saw that, don't think that was the case. From what I understood Manzo completely bought out Ellis' interest, both common and preferred.

[clarity789]

Actually spark - old owners keeping 10% seems to be a standard trait of buying a shell - at least from my experience.

In the last year I've talked to about 15 shells trying to find a decent buy. They were priced from $40k thru $200k, with most about $200k. And they ALL wanted to keep 10% of the shares.

Needless to say, I didn't buy any of them.

[court99]

Going straight to heaven with this stock is not realistic. There are/will be some questions along the way. This is part of the trading dynamics.
A bit of confusion, the wait for the next PRs, the real float, the coming merger are what make traders in and out and create the peaks and lows we need to make money.
Let's just remember it's a pink: the risk/reward equation is in your own hands. I only trade pinkies.