I received notification today of a $100mm lawsuit filed in Riverside County, CA by AVT, Inc (AVTC). The case number is RIC 1314161. The lawsuit can be accessed here.
For anyone interested, here is the article that I wrote in May 2013:
I received a cease & desist order shortly thereafter:
Here is a link to all AVTC-related articles I wrote that were published by Seeking Alpha. One, in particular, explained my concerns again:
Here are some articles that I have published as an instablog (not through SA editorial):
Here is an article I wrote that AVTC praised (because they were apparently confused about who authored it, though it is clear:
The endorsement from MSN Money
From MSN Money? No, it is published on MSN Money, but it is by Benzinga (link ). Here is the original, by the way:
The author is clear, and does this sound like an endorsement or a routine company description?
Started in 2001, AVT (OTC: AVTC) began producing vending machines, but recently transitioned to automated retail machines. Marijuana investors took interest in the stock when Medbox announced a purchasing agreement.
Medbox spends about half a million dollars a year buying dispensary units from AVT. The company has a market cap of $119 million.
3rd Party Information