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Bullboard - Stock Discussion Forum
Avante Corp
V.XX
Alternate Symbol(s):
ALXXF
Consumer Cyclical
Personal Services
Avante Corp. is a provider of technology-enabled security services. The Company's activities are conducted through its subsidiary, Avante Security Inc, which offers residential and condominium customers in Toronto and Muskoka, Ontario, through the use of technology and a focus on client service. Its business provides a complete offering ranging from system design, sales, installations, and...
monitoring to services, such as alarm response and patrols, personal protection, house staff training, and secure transportation. It has a specialized skillset in security integration, monitoring and electronic building management. It also provides consulting and installation of automation and security solutions for the residential market. Its signature offerings are its Rapid Alarm Response services, and its Intelligent Perimeter Protection Video Analytics. It also provides Closed Circuit Television (CCTV), access control and security services for traveling executives.
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Bullboard (TSXV:XX)
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(5)
•••
Froggy1
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Comment by
Froggy1
on Mar 31, 2022 10:35pm
RE:RE:RE:RE:XX and SSC halted
Pretty good.
(4)
•••
deleuze68
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Comment by
deleuze68
on Mar 31, 2022 7:10pm
RE:RE:RE:RE:RE:RE:XX and SSC halted
Not Fairfax but Fax Capital. Fax Capital had purchased 2 million shares last year at $1.75 but recently disposed of them at $1.35. From the most recent MD&A; The Company’s
...more
(25)
•••
hevin
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Comment by
hevin
on Mar 31, 2022 5:53pm
RE:RE:RE:RE:RE:XX and SSC halted
Where was it disclosed that Fairfax disposed at a $1.35? To me it doesn't make sense as they would have taken a 20-cent loss. Do you have a link to that? However I agree with everything you said
...more
(1502)
•••
Possibleidiot01
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Comment by
Possibleidiot01
on Mar 31, 2022 4:41pm
RE:RE:RE:RE:RE:XX and SSC halted
Any opinion on whether Fax Capital broke even , lost money or made money?
(4)
•••
deleuze68
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Comment by
deleuze68
on Mar 31, 2022 10:45am
RE:RE:RE:RE:XX and SSC halted
The Fax Capital disposal I believe happened before the original buyout announcement as they received $1.35/share. I'm thinking it was done privately. The Logixx business has deteriorated
...more
(36)
•••
nkbourbaki
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Comment by
nkbourbaki
on Mar 31, 2022 8:41am
RE:RE:RE:XX and SSC halted
What a strange situation. In 2019, the first tranche of Fairfax debentures financed the purchase of ASAP to build out the Logixx platform. A second tranche never materialized, which was
...more
(1502)
•••
Possibleidiot01
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Comment by
Possibleidiot01
on Mar 30, 2022 12:17pm
RE:RE:XX and SSC halted
" meet the new boss , same as the old boss?" I mean the previous bosses to alter The Who lyric just a little.
(43)
•••
mlmack
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Comment by
mlmack
on Mar 30, 2022 12:05pm
RE:XX and SSC halted
So they sold Logixx and kept the high margin residential division. Also cleaned out the old board, impressive new board including Dragon Wes. Looks like a new company with cash !!!
(43)
•••
mlmack
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Post by
mlmack
on Mar 30, 2022 9:47am
XX and SSC halted
Better deal for XX from SSC or is Fairfax going to take it out ?
(43)
•••
mlmack
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Comment by
mlmack
on Mar 27, 2022 3:38am
RE:RE:RE:Special meeting delayed
SSC agreed with the delay, maybe Fairfax will do a debenture deal with SSC like they had with XX so SSC could pay the 1.75 in all cash or maybe even up it to 2.00 cash. Maybe they have another buyer
...more
(105)
•••
Stonksonlyup90
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Comment by
Stonksonlyup90
on Mar 25, 2022 12:02am
RE:RE:Special meeting delayed
Maybe Fairfax will take it private
(4)
•••
deleuze68
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Comment by
deleuze68
on Mar 24, 2022 11:01pm
RE:Special meeting delayed
I think it's Fairfax. They converted the debt to shares to block the transaction, knowing that Avante could do better.
(6)
•••
Jeff11
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Post by
Jeff11
on Mar 24, 2022 7:23pm
Special meeting delayed
Re: the news release tonight saying the special meeting is going to be delayed after meeting with 'significant shareholders'. Would anyone be able to expand on what they think this means? I am
...more
(25)
•••
hevin
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Comment by
hevin
on Mar 10, 2022 3:02pm
RE:RE:RE:RE:RE:Fall apart
Trolls calling long term investors trolls. Lmfao
(5)
•••
Froggy1
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Comment by
Froggy1
on Mar 10, 2022 7:01am
RE:RE:RE:RE:Fall apart
They do lose money and have only lost money they have never made money, ever. Short, who cares? MB is right you are a troll.
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