Avcorp Industries, Inc. AVPFF

RE:RE:RE:Panta = Bankruptcy...Historically

[rossatica]

Avcorp continues to lose $ each quarter. Anywhere between 4-10 mil per. Panta has been loaning Avcorp operating money with payment in shares and interest if the loans cannot be paid back. Panta currently owns 71% or 262million shares at an average purchase value of $18mil. Accumulating more share is pointless now as they are the majority shareholder already.

Assuming they cannot find someone to buy Avcorp and their debt, and with covid times affecting the aviation industry greatly, bankruptcy looks like an option.  Bankruptcy allows Avcorp to sell off its assets, inventory, and contracts, in which Panta would benefit from as that would be worth a lot more than the $18mil value of his shares.  Even more interesting is their huge debt loan is backed by a big player so they'd be on the hook.  Panta walks away from the nightmare Avcorp has become, stops having to bail them out each year with loans for worthless shares, and walks away with a lot more than the $18mil share value.

Panta have 2 aviation bankruptcies on their books.  Denim air and VLM airlines.

Again this bankruptcy notion is an idea only. I just don't see the value in their share price being worth so little, constantly losing money each quarter, zero new contracts added, or anything else that would give us minor shareholders any hope that bankruptcy is not on the table.  Would be nice for Avcorp to give us some info but that hasn't happened