Avalanche International Corporation (CE) (AVLP) News

AVLP NEWS! Been a while but hopefully the beginning. Now if we could trade.

MTIX Ltd. Completes First Phase of Installation of MLSE(R) Platform for PANGAIA
8:00 am ET April 11, 2022 (BusinessWire) Print
Avalanche International, Corp d/b/a MTIX International (OTC: AVLP) (the "Company"), the parent of MTIX Ltd., the developer and owner of the patented Multiplexed Laser Surface Enhancement(R) ("MLSE(R)") technology, today announced the completion of the physical installation of its latest MLSE(R) platform in Manhente, Portugal, for MTIX Ltd. ("MTIX"). This digital finishing platform is licensed to PANGAIA, a prominent materials science company. The machine was first delivered to the Manhente facility in November 2021.

The initial application of MTIX's technical textile treatment for PANGAIA will contain neither perfluorooctanoic acid ("PFOA") nor perfluorooctane sulfonic acid ("PFOS") for PANGAIA's panoply of apparel, which since 2019 has gained global recognition. PFOA and PFOS are chemicals commonly used in the textile industry for finishing fabrics to make them water resistant. The textile industry is the world's second largest commercial source of pollution, surpassed only by the oil industry.

Phil Mansour, the CEO of the Company, said, "We are very excited to work with PANGAIA, not just as a licensee, but as a partner in the materials science space. PANGAIA, like MTIX, Ltd. is committed to providing the world with environmentally friendly solutions in fashion." Mr. Mansour further noted that, "Our collaborative efforts with PANGAIA have already begun to bear fruit, beginning with a winning entry in the Conservation X Lab's Microfiber Innovation Challenge." Mr. Mansour continued, "Transforming the finishing process from analog to digital allows our scientists to create, adjust and deploy process algorithms to a planned global network of MLSE(R) Systems. Solutions like microfiber mitigation can be added to other finishing characteristics in moments with no hardware or line changeovers, at the licensee's request."

The Microfiber Innovation Challenge, which was "calling on genii" to find solutions to the world's micro-plastics problem in the textile industry, recognized five companies as winners and awarded them cash prizes to support the commercialization of their solutions. The MTIX/PANGAIA entry was selected by a panel of judges representing the clothing industry, materials scientists, conservationists and investors based on criteria including feasibility, potential for growth, environmental impact and the novelty of their approach.

Upon announcing the winners of the Microfiber Innovation Challenge, Pravin Mistry, the CEO of MTIX, stated that "PANGAIA is our first licensee dedicated to the fashion industry. We are honored to collaborate with such a successful and dynamic, eco-centric enterprise."

Dr. Amanda Parkes, Chief Innovation Officer of PANGAIA stated, "MTIX's MLSE(R) technology is a truly revolutionary and disruptive technology with many exciting areas of application. Through our partnership, we will create next-generation, sustainable solutions for the fashion space."

This installed digital finishing system will undergo final testing, configuration, and training, prior to fully operational commissioning. The Company projects these final processes to be completed in Q2 2022.

The Company reminds shareholders and investors that its financial statements and other material information are not current. Certain limited yet very dated information is available on the Company's website at www.mtixinternational.com and at www.sec.gov.

About MTIX International

MTIX International is a materials science technology holding company that conducts its operations through its wholly owned subsidiary, MTIX Ltd. MTIX, Ltd. is the developer and owner of the patented digital finishing technology, Multiplexed Laser Surface Enhancement(R) (MLSE(R)) that is delivered to its customers through a SaaS business model. MLSE(R) is a hybrid of multiple high-energy sources combined with a unique mixture of gases, solids and/or liquids, designed to directly synthesize materials on and in a specified material substrate, with each unique combination of energies, constituents and substrates encoded into a proprietary process algorithm.

The MLSE(R) platform can be used to deliver and enhance precursor chemistry used for finishing, while drastically reducing the consumption of energy, water, and chemicals when compared to historical and current standards of textile processing. As a patented technology for textile finishing applications, MLSE supports Industry 4.0 aims and greatly enhances the functionalization of fabrics, including, separately, or in combination, water, oil, and fuel repellency, fire retardancy, anti-microbial resilience, chemical biowarfare protection and enhanced surface preparation for traditional and digital dyeing and printing. MTIX Ltd. is located in Huddersfield, West Yorkshire, UK. Please visit the Company's website at www.mtixinternational.com for further information about MTIX Ltd.

About PANGAIA

PANGAIA is a materials science company on a mission to save our environment, a global collective of one heart and many hands - scientists, technologists, designers - creating essential products from innovative tech and bio-engineered materials.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company's business and financial results, exclusive of MTIX Ltd., are included in the Company's filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company's website at http://www.mtixinternational.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220411005414/en/

SOURCE: MTIX International">

MTIX International Investor Relations Contact
IR@MTIXInternational.com

wow someone dumped 5K shares the other day for nothing, I would love to have been on the buying side of that trade, such a shame this is just dead and i cant for the life of me figure out what they are doing about getting current.

TD Ameritrade lists restricted securities

All we can do now is pray that DPW gets its act together and follows thru to what they have continued to say in their filings about plans for MTIX. So help me, if they dont pull something off I will be ripping mad, I mean ripping mad. I will personally fly out there (I have a couple good reasons to go to Las Vegas actually for other investments) and give them hell if I need to but to date this has been one of the most dissapointing outcomes, I never dreamed it would come down to this. Thank goodness I sold some stock at decent prices to at least save some of my investment.

Thx...do you have the link?

15c2-11

I have tried to buy during this dead time, and nobody has hit the trigger to sell to me, oh well, I guess we go to the grays until they eventually file, what a shame I would have loved to pickup some cheap shares.

there's no way in the world they will let this go into the toilet. The real question is, what happens between now and redemption, does it start to get flushed down the toilet and how far.

Restricted…….delisted?

Volume=ZEEEERO

.06 what power

its so thinly traded that it can go weeks without any buying or selling of any significance, so nothing changed since last update. At this point with the brokerages shutting things down, the opportunity to do anything wont happen till the S-1 which is a darned shame.

Howzat workin’ fer ya’?

Manny the manipulator buys 500 shares
Hahahaha

what are you nuts? This is the shell for MTIX International, go online and read about it. This is going to explode at the right time, meanwhile at least for me I had to unload some as it moved up in the last year towards a buck, only to collapse back, it's been a good trade, BUT the volume just hasnt been what I would have liked, but its been better than nothing. Currently trying to pick up shares on the cheap at .25, was able to sell at .69 the other day and buy at .33. But at .30 its an absolutely steal and as soon as my cash position allows, I will light a bid underneath it the likes of which nobody has ever seen. Once the S-1 comes out and they get considered current, then look out. Buy what you can now.

Why does this exist……

great opportunity to buy at least some back yesterday at 24 cents and i missed it, oh well, maybe it will come back again, no way to know, but it was like 40K shares available, the seller has disappeared for the moment

amazing how this has continued to creep up, someone knows something. I am continuing to be a seller, but spacing out orders.

well my .65 was hit and on to .70, I am wondering if someone knows something or this is just part of the penny mania, I just don't know, but with DPW cash position much better, its possible they are able to move forward i some form or fashion with financing these machines, hard to tell, but I will maintain light pressure here

well some of my .60s are getting hit, interesting. Regardless I have orders to sell from .60 on up. If they decide to put out a press release that they are actually doing something with filings, I will consider to relent, but not until then.

wow, huge bid of 250K shares at .30 on AVLP, wow. I could walk away from my entire position with the click of a mouse and essentially break-even if I wanted to.....

Nah, let them pay me for shares at higher prices.

I keep getting hit at 50 cents for a hundred shares here, and a hundred shares there. That's fine, I am keeping the lid in place, I'll take sales at 50 cents and if they push thru then I have orders at higher prices if need be, but being this far behind in filings and broken promises, they get not grace whatsoever, dopes, absolute dopes. One way or another I will come out on top, and maybe in the end it will have been worth it, but not the path I was expecting, shameful really.

some pressure on it? Mean you want to hold it down or ?? They seem to know how to hold it down without our help for years now. I think they lost their accountants tele number/email address back in 2017

I am going to keep some pressure on the stock as it tries to rise, I have had enough excuses from these people, it's always something. That's fine, I am profitable above 30 cents and have time to kill. If they end up being able to make something of this, I will profit handsomely.

hey my man, well I sold a little today at .36 and then got pegged for 100 shares at 61 cents which is nuts. Anyway I will take advantage of any upside here up thru the 40s, 50s and beyond.

Quite a day between DPW and AVLP......

theres a decent bid at 25 cents and I dont really understand why at this point people would be willing to pay with their being so far out of compliance. At the same time I am not willing to let go of shares under 30, so here we sit, waiting.

I am sick and tired of the excuses, its all a bunch of crap, how embarrassing, I am so glad i didnt get any friends into this, what a shame an incredible technology and they've wasted it. If I can make out with some kind of profit I will be happy, I am basically there right now but I want to see if maybe this has legs to it.

Yep, rumour is that there will be some filings in August-September...now the only question is what year will that be? Hell it has only been 4 years since the last filing I believe. How they duck the SEC must be a story in to itself. GL

who knows man, but its building a bid now at .29. we're farther and farther away from any news or filing whatsoever and the price is going up, I have no idea what's going on but I am ready to sell at the right price, the hell with these guys theres no excuse whatsoever for things to be where theyre at, infuriating.

Congrats - first post of 2020 and the year is not even half over!

Wonder what the latest promise of news and filings is? Or will be made...don't think we have seen anything for a loooong time....of course it is a public company....hmm, there must be some rules, regs ...right?

Come-on somebody in the know pile on here and tell us what's up?

Next!!

PTS2, well quite a day for DPW and AVLP...yikes!...and sad....

8-k today, appears a loan was taken out to pay DPW back.

Use of Proceeds . The Company shall use the proceeds from the sale of this Note for the satisfaction of at least $2,600,000 of existing amounts owed to DPW Holdings, Inc. pursuant to various outstanding invoices.

Price was 85 cents/share which I guess is not too bad, plus warrants.


We really need to start building these machines and executing the tolling model.

Filings hopefully will come outin the next couple months which should help the share price as well.


Based on the disaster that has happened with DPW, I need to protect my capital. I started selling AVLP, which has amazingly held up through all the turmoil, today at 80 cents and will continue to do so with a ladder of orders up to 2 bucks and my conscience is completely free in doing so. The time for the games is now over, and if I can get out with a decent gain in AVLP it will overshadow a loss in DPW which has been a total disgrace. It simply doesn't matter at this point, they have had ample time to make this happen and they simply haven't executed, and I am tired of excuses and have run out of patience. If it goes to the moon, great, I'll have enough to benefit from that along the way. I've been able to trade the stock a bit over the past year which has lowered my average and giving me a bit more of an impetus to sell in this next wave up should it occur which I expect it will.

Wow.....the quarterly period ended August 31, 2016 has been filed...at this rate I can hardly wait for....?? when...?? what....??

.402!! Chop chop timber

picked up 3K @.55 today. If I get more cash I will buy heavily at this price.

50K traded at 98 cents the other day, funny I have been on the ask for a couple thousand shares at that same price (just to raise a tiny amount of cash and maybe buy back at lower price which I have done a couple times successfully but not often), but was not filled while the 50K was. No big deal. Long term hold and forget.

It appears that while there may be a breath or two it certainly isn't well...it is very sick from almost any perspective IMHO.

Thank you

where you been, that's been dead long ago, longer than the Suhr deal. But the Restaurant Capital Group should be alive and well, as is MTIX of course.

What of the vape co?

amazing that they can't get anything done yet profess that they have the greatest textile machine in their bag and in the midst of unleashing it on the world. That too draaaaags on.

10-Q May 2016 filed today. That leaves 10 quarters worth of filings (7 10-Qs, 3 10-Ks) to go, gee wiz. Phils presenting at LD Micro today 2:30 EST http://wsw.com/webcast/ldmicro15/avlp/index.aspx

Dont worry, it'll be just fine. I think these fillings are around the corner, granted I looked like a real fool with the predictions I have made regarding them.

Im prepared to buy another 50K shares but only by low bidding at 75 cents or so IF I get the funds to do so, we'll see, I'll announce here if I try.

check out the video recording from the last show these guys attended in Europe, Phil was a speaker along with someone else, Todd was there also.

Ugh .50 bid!

Now MTIX INTERNATIONAL.......
as of Aug 24 2017

MTIX INT
Holdings are:
MTIX LTD and Restaurant Capital Group LLC

New name?

yesterday was bizarre, a rash of buying up to 2 bucks a share, insane really. We do know that things are clearly moving ahead with building the machines and if you look closely (Todds tweets for instance) you can see the focus has shifted more heavily towards MTIX from the DPW side of things in comparison to other holdings of theirs.

As far as filings, well, I have been completely wrong about the timing. While I am dead sure they will come out, esp since todd just mentioned this week during the talk he gave that they will uplist to nasdaq first or second quarter next year, which obviously requires up to date books. But I have to admit sheer frustration with the delay. This is a bargain under a buck, wish I had the money to buy more at this time but content with my holdings nevertheless

Well, we are approaching a year since the last sole 10-Q filing which itself was years late. I know that the filings are coming, I am dead sure of it, but why it's taken this long is beyond me. Anyway I don't anticipate that the existence of the filings will actually move the stock price, unless there are people watching it waiting specifically for the fillings, which there may be, but those people have probably bought already like myself and unlikely to buy any more. In any case, this is clearly a long term investment as building these machines is completely trivial-less, if there is such a word.