Member Info for Blowntobits

Ah thank you Foldsmobile. I though I was on my own. Tuck away and forget really. I wonder what the % of the equity remains in small shareholders hands. I guess less than 10%, like you I topped up to 100,000 just before close, must be others. At that price a brave person with circa £1000.00 would have a quite big holding. For me I need a price of 15p or so, past that at the leverage is big bucks. Sure gambling, not investment - it only takes a couple to shine to change ones portfolio substantially. Case in point - look at IQ-AI ltd (I am a holder) have recouped all my losses way back from the Flying Brands days and more recent buy ins, now in positive territory, one never know show far this could go on corporate action. Same situation with AVN, harder to trade but not impossible. The fat lady has not finished singing.

If one signs up to Companies House then kept up to date with what these are up to. There is plenty of activities. Once the share register is sorted out I expect a consolidation to get shot of any small holder (define small of course), perhaps a 1000:1?, who knows. Then further out the big holders will sell to recoup their investment when the D for E was one. This could easily be a listed company or perhaps they might re-list . Not going to happen overnight or in near term but 2-5 years down the line? That is when I hope to re-coup my investment.

I know I could have sold, but decided to stay in. My share are still held in dealing account to await the day when/if I do a "matched bargain deal", more likely waiting for a corporate action. They wiped out small holders, they have a plan, I can afford to play their game. Nothing may come of it , something might.

Anybody else left on here mad enough to still be holding?

The problem I have is that I have lost £1500 (ish) of gains, as the SP very GENTLY slides back. I have waited and waited for FDA, we seem nowhere nearer. Is this one destined to be yet another AVN, jam tomorrow and so on, I am starting to wonder? I have watched the upbeat videos and read all that is released as far as I know.
Is this going to end in tears do you think?

I am neither "ballsy" nor a day trader. I have just probably (or maybe not!!!!!) wasted circa £270 and topped up. You see I smell a rat here. After cancellation, perhaps there will be a share consolidation announced, to catch out any of the remainder small holders, perhaps 1000:1.

After that those big holders, will in due course, be offered effectively their money back via some sort of corporate action. With the no reporting requirement, none of this is known, BUT you are a shareholder still so you get to be part of the deal.. Now that more money has been saved since not part of AIM and some improvement in income etc. a sale will take place. perhaps the deal will be in shares in a listed company that takes on the assets.

I feel that this, or something like it , will happen in the next year. Sure out and out gambling. If nothing else they have to administer the share register and keep me in the loop, so I am being a small PITA.
Brave I am not, stupid perhaps? Well that is already proved by being a shareholder in an Africa orientated company! Afren, Lonrho Africa, Petrofac, Tullow, to name a few off the top of my head.
Good luck, thanks for the ride, it has been fun here.

Well, have two lots in different ISA's. I asked broker what their post de-listing arrangements are. If one intends to be a pain to AVN, I do, then since the share can not be kept in ISA (s), if the vote goes in favour (it will), they will pass in certificated form to you.

There are various requirements that AVN will need to uphold (well until they get to 90% or something like that). They will however has to maintain a shareholder register.

Since there is little value left in my case, perhaps circa £165 or so at close today, I intend to stay.

Who knows what will happen with this shower, I bet they have a plan though and it involves more value to the few shareholders left. We shall see.

Well - brace yourselves for some long awaited good news, SP usually falls on good results, so perhaps a top up is in order here? Still can't hear the Fat Lady, still afloat, still has some cash, so there is still hope is there not?

I hope some of you have the mouse hovering over the buy button.. Wish I could join you , but as previously, am at my limit of risk.

The slide rules are out, corporate action not far ahead surely?

This must rank as one of the most speculative on Aim, but the rewards might well be worth it.

>THE FAT LADY IS APPROACHING AND HEADING FOR THE STAGE....

OH NO - SHE HAS TRIPPED AND FALLEN FLAT ON HER FACE - FIRST AID ON THE WAY.

This will be a good week for the SP - watch closely. Latest on fat lady is that she is confined to her bed until, well for ever really. Still she has company, hope they treat her gently.

Re SP static (almost). Not many free shares about. Funds will only hold when a decent market starts in AVN. The big holders are waiting for corporate action, which might well come as soon as the story of reliable rising income arrives.

When it does take off it will be a fast riser, it will be too late for the little inverstor to get in then. Still off the top of the risk scale - BUT slowly, slowly...………....If the 4th quarter revenues come as predicted in RNS and a good start to first quarter next year then who knows how high it could go?

I have all that I can afford in this one, so no more topping up for me. Anybody buying just now?

Well

That last 50,000 was a buy, NOT a sell, cause I topped up again. Idiot or Inspired timing?

I do understand that these Buys/Sells are only indicative anyway and subject to error.

Looking at the graphs of volume and price, it seems that below around 4.50 p (ish) a spike in volumes occurs and the price rapidly rises.
There are many repeats of this behavoir, is there a stake build going on here? PI's get spooked by the lack of/dab news and sell out in the end. There are buliten boards and comments pages around which tell a similar story to that below?

Share price manipulation goes on all the time, why not with Avanti? Any way news very soon, good or bad, who knows, well a few do, but not us mainly.

Yes indeed Kpate14. I guess we should hear soon re the debt since September is/was deadline. I truly hope the Sales Force are earning their company cars and basic salaries. They can not hope to get any bonus' at this rate.

I had hoped that there were a load of deals waiting to be confirmed once 4 was ready, must be open for business by now.

I wonder if prospective customers are holding out for break even deals and the top man is not playing ball, price reductions, as we all know do not stop the customer from demanding top notch, so actually I agree with this strategy.

In the end a corporate event seems to be what the big investors are waiting for, they are holding, these piddling buys and sales are meaningless really. Market makers having fun I guess.

Interesting, testing of water going on here? Very soon I feel. Just wondering if I should do the big top up about now?
Some lucky people are going to retire on this one when it breaks I reckon.

Cut and paste from RNS :

"Furthermore, if the Restructuring completes but the Company is unable to raise Additional Funds of at least US$50 million and secure US$40 million infrequently recurring revenue in pipeline by 30 June 2018 then based on the projected cash flows of the Group, the Company will, within the 3 months following 30 June 2018, be highly likely to be unable to pay its creditors, as and when they fall due for payment. "

So from 30th June - Not deadline 30th June but 3 months from - so could go to September (I hope). We should either get a corporate action by then or be told that the long slow grind to success is possible. Are the Sales Force up to the challenge I wonder?

Agree, just now, except for the insiders on this board (who are keeping very quiet), that we have no idea other than the last April RNS and that an RNS is overdue.

The fat lady has not sung yet boys and girls. The brave are slowly loading up, these really low volumes indicate just how few shares are in circulation. The big boys are hanging in there, they know where this is going.

Enjoy the summer, it will rain and storm before end August, just as the situation with AVN will resolve one way or another.

Whatsoccuring - thanks. I am in at 46 p rather than sub 20p, so only 40 p to go. (not including the OO). I have toyed with further averaging down but have reached my risk level, so just going to sit back and see what happens. Anybody else care to share (just for interest).

Just to be clear, since I want this company to succeed, I would always back a call for money, if I felt half a chance of long term future, which I do. I will back the forthcoming Rights Issue as well, when it surely comes. Ok I mis-understood the documents, I did take a position though and read things at least twice, if there was more accurate interpretation on forums, I would hone my skills. I ain't done so badly, I can afford to loose the odd �800 quid here and there,, Totally I am in for some �9500 ish. I purchased my first tranche of AVN many years ago when it was recommended by my advisory service (long since dumped in favour of making my own mistakes), they did not achieve over the 22 years the same return as I have, they churned, pumped and dumped, familiar to some on here I bet. Ok I am not familiar with this end of the market but AVN saga will teach me. I STILL BELIEVE THIS COMPANY IN IT'S PRESENT FORM HAS A FUTURE. We shall see.

Also, when will we get up dated Sales figures, now that geo is OK, there must, must be people to sign up, who were waiting in the wings. Do you think that next week, so new data will be made available , anybody?

HeadITS, So back to the Idea that Solus have somebody to sell the shares to at some point once their client losses are mitigated? Can't see a rights issue working just now. Anybody offering further funds will want a heavy price, ie the HYLS4, or at least as surety on it, should the worst happen. The new man has lots of contacts, all this, as you say will have been agreed in private in principle perhaps? Next weeks RNS (s) will clarify a lot. Will we also get up to date ownership data, there were several large holders, over 50% not in PI hands, I wonder what things will look like ? Have a nice spring weekend you all..

The latest RNS suggests 0.17 �m raised , so around 4.25 % of what was on offer. Did Solus apply for a massive number of extra shares mainly, so that they would mop up the over 90% that were not taken up in the OO. From the RNS it seems that they did not take up their entitlement, I guess by next week we will get another RNS clarifying, still confused by all this.

Well, as previous I did take up offer and rounded up with some additional, thinking that I was in for say �400 total, because the extras would be scaled back a lot. WRONG I WAS. Probably around �900 at stake here on the offer (currently at 50% loss of course). I completely mis-understood the documents, got hung up on the 1257.1% and 996.2% figures, thinking I would reduce my dilution by some 260%. Of course I see that most people did not take up the offer anyway, I guess since one could buy in open market at about half price. I did expect the SP to rise post launch significantly. I invented a mind set that The new shares would be issued at 11.25p (ish) after the effective value of my old ones was reduced by over 90% , so this was a better move than buying in market. Wrong on all accounts. To my question then: was it always intended that Solus would take up most of the OO? Do they have somebody in the wings to sell to at a profit a little later I wonder? Avanti is harder to understand than I thought and many here are right perhaps. However somebody is going to make a lot of money soon, probably though, not small PI's like myself. I can afford this loss if the share fails to get back to say 12p, I have made previous market purchases that today have moved positive, so just perhaps things might even out. Lesson 45 learned, don't invest if I do not FULLY and clearly understand the documents on RNS.