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Bullboard - Stock Discussion Forum 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... see more

TSXV:XX - Post Discussion

Avante Corp > Manny Playing with Fire
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Post by Stonksonlyup90 on Apr 29, 2022 12:38pm

Manny Playing with Fire

I think Manny Mounouchos is playing with fire by granting himself a bunch of options while the stock price is treading water in the $0.80s range (roughly 50% BELOW the value of the SSC offer that HE moved to terminate).

Manny doesn't need to 'gift' himself more options... he has plenty of shares to be incentivized to grow the business/unlock value. Just looks shady and is inviting of potential lawsuits when they issue option grants after terminating an offer. 

If there isn't buying in the open market once their blackout ends I would be shocked!

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