Sheldon Inwentash LOVES AVCNFrom May 23, 2024 to May 31, 2024 Sheldon Inwentash acquired $88,834 worth of stock to hold 5,567,550. He acquired the shares at prices up to $.2761 - a significant premium to today's price. Paul Fornazzari also acquired $250,662 shares at $.275 on May 28, 2024. The last financing closed in December at $.35 with half a warrant at $.41.
With the recently reported 51% gross margins last quarter and positive EBITDA for the first time as well confidence in the future that could make AVCN a self-sustaining company as well as recent developments this year it wouldn't take much growth from here to justify the current market cap leaving blue sky upside from there. Sheldon Inwentash and Fonazzari have been buyers of the stock. The markets AVCN addresses are substantial.
Inwentash's IDK recently won a large settlement so lets see if he IDK acquires shares.