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Advantagewon Oil Corp C.AOC

Alternate Symbol(s):  ANTGF

Advantagewon Oil Corporation is a Canada-based company. The Company is focused on delivering cost-effective power solutions, which is a core element of StarVolt’s solar skin technology, with a rejuvenated focus on StarVolt’s line of New Energy Vehicles (NEVs) and sustainable mobility networks. Its subsidiaries include Advantagewon Oil US Corporation (USA) (AOC US), Ainslie Oil Corporation (Canada) (Ainslie), Albaro Oil Corp. (Canada) (Albaro), and Plutus US Oil Corporation (USA) (Plutus).


CSE:AOC - Post by User

Post by DirkDigleron Feb 28, 2022 10:46pm
306 Views
Post# 34469867

What a strange setup here?

What a strange setup here?
AOC is an oil play that switched to a green play last year and hasn't had news since the summer. Last financials showed $35k in cash, $2.4 million in assets, $403k in liabilities and no revenue, with a quarterly cash burn of around $550k. Not sure how this thing still has a $6 million MC, they need to restructure the company by changing the name and injecting some capital.
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