posted June 23, 2022 08:19 pm by mlmack
(43)
I think the bottom might be in, news out soon.
rate and reply
posted June 13, 2022 09:30 am by Stonksonlyup90
(46)
Multiples coming down.. cash and credit capacity growing.. they could make a sizeable acquisition. I do like the terms - 5% unsecured. Attractive with rates going parabolic. Exiting Logixx may look
...read more
posted June 13, 2022 09:05 am by mlmack
(43)
$10 million line from Fairfax, with the cash on hand must be looking at buying something big.
rate and reply
posted June 02, 2022 02:38 pm by Torontojay
(494)
It's very tough to see this unfold when shareholders had an opportunity to get about $1.71 on the deal.
rate and reply
posted June 02, 2022 09:21 am by mlmack
(43)
I was looking for revenue projections also, looks like we might have to wait until the end of July.
rate and reply
posted June 02, 2022 05:40 am by Possibleidiot01
(1018)
I'm confused at how you can do that with only one of your two metrics supplied in the update. ", the Company will have zero debt and expects to have cash balances of $10 million, which is
...read more
posted May 30, 2022 11:42 am by mlmack66
(1)
OK sale has been approved and will be completed shortly. Management should give us a balance sheet and sales projection so we can put a proper valuation on the remaining business.
rate and reply
posted May 19, 2022 04:37 pm by Possibleidiot01
(1018)
If this was a U.S. company - three words - CLASS ACTION LAWSUIT.
rate and reply
posted April 30, 2022 06:42 am by Betteryear2
(3277)
Not for distribution to U.S. news wire services or for dissemination in the United States TORONTO-Ontario, April 29, 2022 (GLOBE NEWSWIRE) -- Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or
...read more
posted April 29, 2022 12:38 pm by Stonksonlyup90
(46)
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
...read more
posted April 29, 2022 08:59 am by mlmack
(43)
OK directors got there option fill at 0.88, we might have hit the low, expect good news to follow shortly.
rate and reply
posted April 21, 2022 04:58 pm by hevin
(232)
Hey Toronto Jay I know the feeling as I've had the occasional fit of rage about this. That being said however I think Fairfax well knows that they can get more money either through Avante
...read more
posted April 21, 2022 08:34 am by Torontojay
(494)
It should be clear to everyone that Avante shareholders would have been much better off with the takeover offer. I believe shareholders would have received the equivalent of around $1.71/share. Take a
...read more
posted April 20, 2022 02:01 pm by Stonksonlyup90
(46)
Conservative calc of Net cash after transaction closes - $23M - Cash from sale of Avante Logixx ($24M closing price less $750k fee) $2.5M - Remaining Working Capital (MINIMUM - after accounting for W
...read more
posted April 14, 2022 10:16 am by Froggy1
(1)
Covid was a massive money maker for contract security. Short staffed is a function of poor management but more particularly poor deployment of resources. Avant constantly spent on silly stuff, sexy
...read more
posted April 13, 2022 06:35 pm by Froggy1
(1)
The press release announcing Craigs departure demonstrates he was fired not a single word of thanks. He got kicked out by Manny. Hevin is lost in space.
rate and reply
posted April 12, 2022 11:02 pm by hevin
(232)
There you go again troll, throwing shade not just on me but on Campbell who at the end of the day was paid a lot less than many CEOs. You should check out what Irwin Simon makes at tilRay. Craig
...read more
posted April 12, 2022 08:01 am by Froggy1
(1)
I thought Hevin was playing a game. With Craig gone I bet these guys do well. I am also going to invest in SSC.
rate and reply