$American Virtual (AVCT.US)$ Jan 23 delisted unless closes a...
$American Virtual (AVCT.US)$ Jan 23 delisted unless closes at 1. I got 10k shares. so definitely 10k cash by Jan 23 for my little family so far. Thank you community for participating and making info easy and understandable! much love to you all!
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this is my first go at stocks. My God will guide me!
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Revelation 6 : How sure are you that it going to hit $1.00 before January 23? And why? What am I missing here?
polite Ferret_6258 : meaning ?
easygoing Lyon OP Revelation 6 : Microsoft has an invested interest
easygoing Lyon OP : I'll dig into the news tab and do some more Due Diligence and bring some meat to this table after I wind down from work.
easygoing Lyon OP easygoing Lyon OP : I literally just got home from work so be back later
Revelation 6 easygoing Lyon OP : Hummm. Almost sounds to easy. Like, money for nothing and your chickens
for free. Oh how I love me some chicken and for free, well even Col. Sanders couldn’t pass that up. 11 herbs and spices and all.
Revelation 6 easygoing Lyon OP : I’ve been know for not knowing what I’m talking about and this may be not different. I did find this:
Despite this, investors should be wary that AVCT stock faces the risk of being delisted as the company is not in compliance with the NASDAQ minimum bid price rule. As a result, the company has until November 16 to regain compliance to maintain a bid price of $1 for 10 consecutive days. With this in mind, AVCT has its shareholders’ approval to effect a reverse split by September 30 to regain compliance with the NASDAQ listing rule.
At the same time, AVCT is not compliant with the NASDAQ Minimum Value of Listed Securities (MVLS) requirement since the company had an MVLS of less than the required $35 million for 30 consecutive days. AVCT has until January 23, 2023 to regain compliance with this rule by maintaining a closing MVLS of at least $35 million for 10 consecutive days at least. In spite of these risks, AVCT stock could be an opportunity for major gains if the company is indeed bought out in the future.
silverelf : What price is Microsoft buying them at, is it confirmed already?
easygoing Lyon OP : hope this helps
https://youtu.be/X8CPcoPSFO4
this guy is awesome for putting these videos together!
UxFxO silverelf : Only thing that is confirmed is there is paperwork filed for a buyout. Who it is, is all speculation.