I-Glow
1 week ago
How many years have AVVH been talking about audited financials?
"Gold Quest Capital
@GoldQuestCap
$AVVH shareholders, the attorney letter for our annual report will be filed soon. We are interviewing auditing firms and will initiate an audit of the company asap. We will provide more information on the status of the company soon and will provide regular updates going forward - 9:40 AM · Sep 15, 2023"
That was 10 months ago. Who is the Auditor?
"Gold Quest Capital
@GoldQuestCap
11:55 AM · Jun 27, 2022
$AVVH shareholders, the first loans will be going into the company in July and will appear in the 1Q 2023 period ending Aug 30 We know the wait has been frustrating. We had many legal issues to work through and we are finally ready to move forward. Thanks for bearing with us."
That wasn't true and it was over 2 years ago.
"A LETTER TO OUR SHAREHOLDERS
MARCH 14, 2022
Gold Quest Capital Inc. will also be a preferred SBA lender since SBA loans are extremely profitable... We are also in the process of looking for a small bank that we can acquire in the near future.... In the near future, there will be a ticker symbol change, from AVVH, to GQC (or similar depending on what gets authorized)."
3 letter symbols are for exchange traded stocks not pinks so a Sanchez can't use GQC. Why has it taken Sanchez so long to do a simple name and symbol change? Will FINRA not process a AVVH Corporate Action Request?
Where are the SBA loans? Where is the bank they were going to acquire?
"Although this has been a zombie stock for 3 years, I do believe it will wake up from it's hibernation in due time.
They have publicly stated in their last financials they are committed to having audited financials with the upcoming annual report.
Sanchez is certainly not pumping the stock, nor is he raising money via stock dilution. He has publicly stated he is raising money from outside investors.
Let's see if things turn around quickly after the audited financials are released. That may be the first phase of future catalysts of a turnaround here."
Actually Sanchez isn't doing anything - it has 3 years and Sanchez isn't raising any capital - and where are the outside investors and their money? It has been 2 years and 4 months since Sanchez made those statements and nothing.
You posted:
"You mention the other SSM stocks that have failed. That is irrelevant with AVVH. SSM acquired multiple shells and sold them off to different people. What happened to the other companies has nothing to do with Sanchez or AVVH. AVVH is not affiliated with the other failed shells."
Sorry all SSM shells have failed. And Cooley was the person controlling SSM.
Cooley controls Sanchez - audited financials from a pump and dump Auditor are meaningless unless AVVH files a registration statement such as a S-1 or Form 10. And Cooley/Sanchez doesn't want any part of the scrutiny from the SEC.
Don't ignore all of the failed promises from AVVH - the last post from AVVH was on September 15, 2023. And it was filled with more empty promises.
To be successful on the OTC follow these rules:
1. Sophisticated investors always cut their losses - never average down.
2. Don't get married to the stock/company - never become emotionally attached to a stock. There should never be any emotions involved in OTC trading.
3. Never believe the company hype - independently verify every part of a press release or post on X.
4. Play the price action and always take profits - don't be greedy.
5. The only way to trade penny stocks that use message boards, social media (Twitter - Facebook), forward looking press releases, pumping 8-Ks and paid promotions is to just consider them all to be scams and just trade them do not invest in them. You'll lose 99% of the time if you believe the hype.
Good luck in trading
IG
Craig305
2 weeks ago
You are correct. The OTC a trading environment and not an investing one. Unfortunately, it became an investing one for many AVVH bag holders, myself included...LOL. Although this has been a zombie stock for 3 years, I do believe it will wake up from it's hibernation in due time.
They have publicly stated in their last financials they are committed to having audited financials with the upcoming annual report.
Sanchez is certainly not pumping the stock, nor is he raising money via stock dilution. He has publicly stated he is raising money from outside investors.
Let's see if things turn around quickly after the audited financials are released. That may be the first phase of future catalysts of a turnaround here.
You mention the other SSM stocks that have failed. That is irrelevant with AVVH. SSM acquired multiple shells and sold them off to different people. What happened to the other companies has nothing to do with Sanchez or AVVH. AVVH is not affiliated with the other failed shells.
I know you will mention Cooley as a connection. Yes Cooley handled some of the shells that were sold to the other shady operators, but Cooley was just a broker. He had no involvement with the shady companies that bought those shells. He was just selling the shells to them. Cooley is a businessman and for him to stay with AVVH means there is money to be made here. They are working on the foundation and preparing for the future.
Let's see what happens in September with any follow-up to the audited financials.
Craig305
3 weeks ago
I do know Sanchez is raising funds from investors directly. He even mentioned it in his shareholder letter.
As you had mentioned before, money dried up in this economy. I'm sure that has been one of the catalysts for this long delay.
If he has changed direction from his original idea of what to do with AVVH, then we just have to be patient. That will also explain why there has been no rush to change stock symbol.
Some people assume the silence over the past 3 years is due to this being a fraud. Yet, NO dilution has happened. How can this be a fraud?
Also, looking at the financials, you can see someone bought $100k worth of preferred shares with an equivalent value of .004. He bought knowing he is immediately underwater. Obviously something is brewing behind the scene and AVVH has no interest in pumping the stock. Seems their strategy is to come out with a banger of news.
Someone is not happy you are spoiling those plans...LOL
I-Glow
3 weeks ago
Are you new to AVVH - "Obviously with the right merger and financing this goes way higher."
AVVH has already announced a merger.
"HOUSTON, TX, Jan. 11, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- AVVAA World Health Care Products, Inc. (OTC PINK: AVVH) announced today that it has officially completed its merger with GoldQuest Capital, Inc., a Houston, Texas-based real estate lending company that specializes in first lien real estate mortgages in the residential, commercial, and industrial sectors."
That was the big merger and it was all big talk pumping.
IG
I-Glow
3 weeks ago
You couldn't be more wrong - first you do know that all of the SSM hijacked shells have failed.
"On January 27, 2021, SSM Monopoly Corporation sold one (1) share of Special 2021 Series A Preferred Stock of the company for an agreed upon purchase price to Krisa Management, LLC. The Special preferred share controls 60% of the company’s total voting rights. The issuance of the preferred share to Krisa Management, LLC. gave the controlling vote to control and govern the affairs of the company going forward.
On April 26, 2021, Krisa Management LLC sold one (1) share of Special 2021 Series A Preferred Stock of the company for an agreed upon purchase price to Omis Public Capital Management, LLC. The Special preferred share controls 60% of the company’s total voting rights. The issuance of the preferred share to Omnis Capital Management, LLC. gave the controlling vote to control and govern the affairs of the company going forward."
Omnis is controlled by Sanchez so Sanchez has been in control since April 26, 2021 and he hasn't accomplished anything of value.
Plus, the serial scammer Carey Cooley is still involved in AVVH.
How many years ago did Sanchez state he had filed for a name change.
Since AVVH isn't a SEC reporting company they can't create new issuances of stock ergo no dilution.
Sanchez stated years ago that there was going to be revenue.
"
Gold Quest Capital
@GoldQuestCap
·
Mar 31, 2022
$AVVH shareholders, we apologize for the brief delay in communications. We are still finalizing our initial capital but we are making progress. We expect to have our first loans on the books this fiscal quarter. We have also engaged IR experts to improve our communications."
That was over 2 years ago and still no revenue.
You posted that you talked with Sanchez and said he would never sale the AVVH shell. Sanchez has lied to investors so many times he has Zero credibility.
Anyone doing real DD understands the last place you go for truthful information - Sanchez told you what you wanted to hear - but I doubt you spoke with him - just more pumping nonsense.
IG