Avante Corp V.XX

Alternate Symbol(s): ALXXF

Industrials Security & Protection Services

Avante Corp. is a provider of security operatives and technology enabled security solutions. The Company's activities are conducted through its subsidiaries, Avante Security Inc, Avante International Inc., Avante Holding Corp., The TOYBOXX Inc. and North Star Support Group S.R.L. It provides security services for residential and condominium customers in Toronto and Muskoka, Ontario through the use of advanced 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 offerings include Rapid Alarm Response services, and Intelligent Perimeter Protection Video Analytics.

TSXV:XX - Post by User

Avante Corp > WHAT AN OPPORTUNITY SUB $1.30!!

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Comment by hevinon Dec 03, 2021 1:10pm

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Post# 34195621

RE:RE:WHAT AN OPPORTUNITY SUB $1.30!!

. excellent well-thought out, balanced post. Agreed! A nice to see there are smart investors out there while possible shorts and trolls are on our board.

AnitaGet wrote:
Based on information we had up to about a month ago, I'd agree with you that $1.3 is a fantastic buying opportunity. With the recent #'s I think the risk level went up.

They had a ~$3M injection from a private equity firm. What was the money used for? Did they need it for operating? Are they going to use it for M&A? Did it pay off debt? Is the firm a potential buyer and this is their first entrance in?

I'm not suggesting the sky is falling and they are clearly NOT going out of business, but there are now some more unknowns, so the risk factor went up.

I know the CEO from a previous company he ran and my confidence in his abilities have not waned. Recall that prior to joining XX, he took a significant shareholder position, so when he talks about shareholder value, he's also talking about his portfolio.

Anita.