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Avante Corp V.XX

Alternate Symbol(s):  ALXXF

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.


TSXV:XX - Post by User

Post by mb3015298on Dec 07, 2021 1:55pm
351 Views
Post# 34207216

In Big Trouble

In Big TroubleI can confirm that they’re looking for a company to buy them out. Canaccord Genuity, Mark Silvestre has been engaged: code name Solteria. In my experience people don’t try to sell companies when it’s going well, their review may well have shown there’s no way out of their current predicament. One thing I’ve always noticed is they have a lot of overhead or at least extra expenses. Every time they do a financing the fees are like $300,000. Maybe the bills are inflated and hidden fees are paid, wouldn’t be the first time he did that! They are a small company in a donkey industry but they seem to be acting like big shots and while this conceit is comical it could also put them out of business. XX is in big trouble, they need a buyer or they will drown in losses. I’m not a short.

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