Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSXV:XX - Post Discussion

Avante Corp > Why the misstatements from AnitaGet and Hevin ?
View:
Post by tcstltinvestor on Dec 03, 2021 5:27pm

Why the misstatements from AnitaGet and Hevin ?

If $3m equity went into Avante as AnitaGet and now Hevin have said, they could point it out in the financials, and also tell us the date Avante actually announced it had raised $3m.    And Hevin says everything I say is wrong? Hello ?

Compare the total amount of debt with Ebitda and decide for your self when indeed the sky might fall. Avante needs to be sold to a buyer that has a strong balance sheet, with skilled, prudent management.

If it is not sold, you risk seeing the share price drop well below $1.

Avante needs to be sold.
Comment by Windsor1 on Dec 05, 2021 11:10am
I agree Avante needs to be sold. It's on the market so we'll see what happens. Generally they have a structural problem, in the simplest turns they do not have enough gross margin to carry operating costs and financing costs. They would need about $5 million increase in sales with their gross margin of 20% for $1 million and then only increased expenses by maybe $250,000. Until we see that ...more  
Comment by hevin on Dec 05, 2021 6:38pm
Sir, do you own any shares of Avante?
Comment by Windsor1 on Dec 05, 2021 9:21pm
Yes
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities