Avcorp Industries, Inc. AVPFF

Industrials Aerospace & Defense

Avcorp Industries Inc is a Canada based manufacturer within the aerospace industry. It designs and builds structures for aircraft manufacturers. The reportable segments of the company are The Avcorp Structures and Integration segment, which offers metallic and composite aerostructures assembly and integration; The Comtek advanced Structures segment dedicated to aircraft structural component repair services, and design and manufacture of composite aerostructures; and The Avcorp Composite Fabrication segment which offers advanced composite aerostructures fabrication. The group makes sales internationally and generates a majority of the revenue from the Europe.

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Avcorp Industries, Inc. > Panta = Bankruptcy...Historically

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Post by rossaticaon May 27, 2020 3:51am

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Post# 31076533

Panta = Bankruptcy...Historically

After reading today's "Management information circular" or "Management Proxy Circular" release on sedar, I am having thoughts that Panta wants to take Avcorp to Bankruptcy as they have done this previously with 2 other aerospace companies in the past. One may ask why they would do this? Well, they make $$ that way too.

Hope I'm wrong. I don't like how the CEO and directors do not have major shares of AVP. The CEO also has been given $$ raises in significant value on a salary basis, which makes me think he is being paid this way to aid in PANTA's bankruptcy plans.

Check the AVCORP sedar and read the 21 page "Management information circular". Let me know your thoughts! Afterall, I'm only a long time shareholder holding 500k plus shares and sitting on nail bitten fingers these days...GULP

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