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Avante Corp V.XX

Alternate Symbol(s):  ALXXF

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

Comment by hevinon Feb 18, 2022 12:19pm
186 Views
Post# 34442236

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Trading way too low

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Trading way too low You've just made a serious allegation. (Sham) Do you have evidence? Or are you engaging in slander?
deleuze68 wrote:

Fairfax didn't convert to support the deal; they converted to block the deal. Converting gives them 19.9% of the shares to vote against the transaction. If they wanted the deal to go through they could have converted anytime after the closing. 

Why block the deal? It makes no sense that Avante will contribute 75% of the revenue only to have 30% ownership. SECU only exists because a sham going private transaction failed leading to Input's CEO buying out his own security company with Input's cash. This is not a company Fairfax wants any part of.



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