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10 bagger

06/25/10 4:15 PM

#16 RE: nsomniyak #15

AVGG..

As i was out much of the day,, I missed the action.. I had 65000 shares coming in today and made a few sales yester day hitting bids to $0.18 and actually got wacked at $0.1528.. I saw the $0.04 trades go by and put in an order at $0.0428 for 15000.. I don't have the foggest idea of what has happened and what will be left but with the note and cash AVGG has over $0.70 of tax free cash now on the books.. How much does the SEC want and what did they do wrong is the question.. And to top it off the SEC froze the assets and that's bad..

If legal problems are there we are looking at a Min of 24 Mo's before anything concrete will occur IMO.. I'll be CT all next week so I'll have more tools at my fingertips..The bid I put in is for a small amount and as I said I don't have a clue.. As a crap shoot I guess the odds are there but as an investment or trade I think there will be a long workout period.. I wish I knew who sold at $0.04 today.. I sure would like to know what he thinks he knows.. hank