RE:RE:RE:please be patientRemember company just added 109,692,764 shares at .09 cents. I just can't see this moving up beyond .20 on top end. Basically company is probably priced exactly where it shoud be as no real revenue e.g. 12.5 cents. I do have a holding but defintiely not adding anything beyond .15. There is definitely lots of positives to the company if they want to develop and move forward. AVL needs to do a rollback of 10 to 1 then refinance - bottom line. Penny stock companies at 1/2 billion shares do not go anywhere. Will go deep if there is a roll back.
Pursuant to the terms of the Private Placement, Sibelco purchased: (i) 109,692,764 Common Shares at a price of approximately $0.091164 per Common Share (the "Per Share Price") for gross proceeds of C$10,000,000 which resulted in Sibelco owning approximately 19.9% of the issued and outstanding Common Shares;