{"id":5864,"date":"2015-06-04T12:15:52","date_gmt":"2015-06-04T12:15:52","guid":{"rendered":"\/?p=5864"},"modified":"2015-06-04T12:39:29","modified_gmt":"2015-06-04T12:39:29","slug":"av1-group-inc-otcmktsavop-slammed-back-to-rock-bottom","status":"publish","type":"post","link":"\/articles\/av1-group-inc-otcmktsavop-slammed-back-to-rock-bottom\/","title":{"rendered":"AV1 Group, Inc. (OTCMKTS:AVOP) Slammed Back to Rock Bottom"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/90\/90327\/avop_6m_450x350.png\" border=\"0\" \/>On Monday the stock of AV1 Group, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AVOP\">AVOP<\/a>) went up 100%. This sounds like an impressive feat but is rendered less so when one realizes the starting point of this move was at $0.0001, so was is virtually impossible to close green and not be at least 100% up. The green move was followed by a humongous dump near yesterday&#8217;s closing bell, which pressed <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AVOP\">AVOP<\/a> back down to the absolute bottom.<\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AVOP\">AVOP<\/a>&#8216;s share price spent the last month in a coma, never moving from $0.0001 per share until Monday, with the majority of the trading sessions zooming by without a single share traded. Yesterday, however, volume was through the roof, at 1.31 BILLION shares traded &ndash; an all time record for the ticker.<\/p>\n<p>The company caught up with its overdue filings and is back to being a pink current stock. The latest report is a quarterly for the three months ended March 2015 and contains the following:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>$1 thousand in checking\/savings<\/li>\n<li>$83 thousand in total company assets<\/li>\n<li>$169 thousand in total company liabilities<\/li>\n<li>$2 thousand in quarterly revenues<\/li>\n<li>$20 thousand in quarterly net loss<\/li>\n<\/ul>\n<p>Those dreary numbers are padded out by an outstanding share count of 4.3 BILLION. In its latest press release <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AVOP\">AVOP<\/a> informed that it was slicing its maximum authorized shares by 50%, going from 15 to 7.5 billion authorized shares. The majority of the PR is nondescript fluff and generalities about enhancing shareholder value through unexplained venues. Additionally, the PR informs that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AVOP\">AVOP<\/a>&#8216;s board reached the staggeringly profound conclusion that toxic financing is against the interests of both the business and its shareholders.<\/p>\n<p>It&#8217;s difficult to imagine how you can sign toxic debt when your share price spends its time locked at rock bottom, as you simply cannot offer a discount from there. The fact that so many sellers rushed in at the first sight of $0.0002 in a month does not really inspire a lot of confidence in the ticker and investors may want to spend a bit of extra time reading up on this one before making a move.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday the stock of AV1 Group, Inc. (OTCMKTS:AVOP) went up 100%. This sounds like an impressive feat but is rendered less so when one realizes the starting point of this move was at&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1340],"class_list":["post-5864","post","type-post","status-publish","format-standard","hentry","category-news","tag-avop"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=5864"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5864\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}