Avenir Wellness Solutions Inc (QB) (AVRW) 銘柄情報

So; please post a link to CC.

Today's investor conference call with AVRW management was outstandingly positive in all respects. Every important point was covered well and in detail. All real investors in AVRW should take the time to review this presentation when the replay is made available on the company website shortly. Management also issued and open invitation for all interested parties to call them directly with any specific questions now. Additionally, they stated there will be new announcements coming up regarding all their plans and new programs for 2025. I was very pleased with everything I heard on the AVRW conference call today. Well done.

Looking forward to the conference call. Good to hear from management now that this debt issue has been negotiated.

Only an accounting adjustment for the reduction in the debt owed to Ionic. Not putting Dollars in the Company's bank account.

GLTA! PURA VIDA!!

5M added the next Q too I believe a positive

Note that AVRW management will be hosting a public conference call on Wednesday this week as detailed below:
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Overall, Avenir Wellness Solutions has never been in a better position to capitalize on the high intrinsic value of our Nutri-Strip products as well as our unique and proprietary skin care formulations. With 17 patents under our control, the highly positive reviews Seratopical Revolution DNA Complex is receiving, and more new products in development, 2025 is setting up to be a growth year for the Company. We look forward to keeping our shareholders informed of our progress, developments and milestones as we move forward.

Company Management will be hosting an investor webcast/call to discuss the settlement agreement and provide an update on the Company on Wednesday, December 18, 2024 at 1:00pm PST / 4:00pm EST. Questions may be submitted prior to the webcast by emailing them to investor@avenirwellness.com. To participate in the webcast, please join us at:

https://us06web.zoom.us/j/83688826398?pwd=NzGBQ928B7m34yGgLPBPLI77BY4lGF.1
Meeting ID: 836 8882 6398
Passcode: 797030

One tap mobile
+16694449171,,83688826398#,,,,*797030# US
+13462487799,,83688826398#,,,,*797030# US (Houston)

Yes; eliminating the lawsuit and settling with IONIC is a big step; however:

Avenir will now have:

1. $2.85M in new debt that needs to be paid back in 2 years (at very high interest rates).

2. 8.3 million more shares outstanding that will be registered for sale (per a leak out agreement that we weren't given details of). I'd guess they will be for sale over the 2 year term of the debt, but could be quicker. AND; IONIC doesn't want to hold these shares so they will be FOR SALE!!

3. A new bridge loan is in the works to give Avenir some working capital. We don't yet know what the terms will be of the bridge loan; we do know it won't come cheap.

We'll see if this Company can turn itself around. I would have my doubts with Bob Davidson (the person who got Avenir in this mess); still Chairmen of the Board that this Company goes anywhere.


GLTA!! PURA VIDA!!

very good news

$AVRW News: Avenir Wellness Solutions Announces Global Settlement with Ionic Ventures, Eliminating Convertible Debt

SHERMAN OAKS, CA / ACCESSWIRE / December 16, 2024 / Avenir Wellness Solutions, Inc. ("Avenir" or the "Company") (OTCQB:AVRW), a proprietary broad platform technology beauty and wellness company, today announced that it has reached a global settlement with its current debt holder Ionic Ventures LLC ("Ionic") to resolve all disputes between the parties.

In connection with the settlement, a portion of the outstanding convertible notes with an aggregate carrying value of $8.7 million as of September 30, 2024 will be converted into approximately 8.3 million shares of the Company's common stock at a value of approximately $233 thousand, subject to a leak-out agreement. The remaining amount of convertible notes will be extinguished in exchange for a new 10%/11% two-year note with a principal amount of $2.85 million to be issued to Ionic, inclusive of legal fees Ionic incurred in defending against the lawsuit filed by Avenir in the dispute. The new note will require payment equal to at least 50% of the net proceeds the Company receives if it completes a qualified financing, asset sale or M&A transactions up to the accreted amount of the note, but not later than the two-year anniversary of the issuance of the note. As a result of the extinguishment, the Company is expected to recognize a one-time gain of approximately $5.0 million during the fourth quarter of 2024.

The Company also has withdrawn its lawsuit filed against Ionic in the State of New York in connection with the convertible notes originally issued in 2020. As part of the settlement, Avenir acknowledged that Ionic at all times conducted itself in compliance with the 2020 transaction documents, and the settlement agreement reflects that Ionic admitted to no wrongful conduct in connection with the underlying transaction. For further information on the settlement, please refer to the recently filed Form 8-K.

"Despite building a plant-based wellness and beauty business with very high gross margins the last two full fiscal years, Avenir's total market cap has been severely depressed with the value of the entire company recently totaling less than half of last year's sales. After discussions with our financial advisors, Board of Directors and largest shareholders, we confirmed it is universally believed that the significant outstanding convertible debt is the primary reason why there is a disconnect between Company's market value with its underlying business. Our shareholders were clear that our top priority should be elimination of the convertible debt and the settlement of litigation commenced against Ionic. As such, we have been in active negotiations with Ionic for the past few months and were able to come to terms that we believe are extremely beneficial to the Company and our shareholders," commented Nancy Duitch, Chief Executive Officer of Avenir.

Duitch added, "We are thrilled with this transaction that, together with a bridge financing we are in the process of completing, significantly strengthens our balance sheet and eliminates the overhang our shareholders have cited as the significant obstacle preventing them from increasing their ownership of our stock."

Brendan O'Neil, Ionic's Manager, stated, "From the outset, we denied and we continue to strongly deny the allegations asserted against us in the underlying litigation. Given Avenir's agreement to reimburse us for the attorneys' fees we incurred in defending against those allegations, included in the new note, and its acknowledgement that Ionic complied in all material respects with the controlling agreements relating to the 2020 financing, we concluded that it made good business sense to bring the dispute to a close."

Overall, Avenir Wellness Solutions has never been in a better position to capitalize on the high intrinsic value of our Nutri-Strip products as well as our unique and proprietary skin care formulations. With 17 patents under our control, the highly positive reviews Seratopical Revolution DNA Complex is receiving, and more new products in development, 2025 is setting up to be a growth year for the Company. We look forward to keeping our shareholders informed of our progress, developments and milestones as we move forward.

Company Management will be hosting an investor webcast/call to discuss the settlement agreement and provide an update on the Company on Wednesday, December 18, 2024 at 1:00pm PST / 4:00pm EST. Questions may be submitted prior to the webcast by emailing them to investor@avenirwellness.com. To participate in the webcast, please join us at:

https://us06web.zoom.us/j/83688826398?pwd=NzGBQ928B7m34yGgLPBPLI77BY4lGF.1
Meeting ID: 836 8882 6398
Passcode: 797030

One tap mobile
+16694449171,,83688826398#,,,,*797030# US
+13462487799,,83688826398#,,,,*797030# US (Houston)

About Avenir Wellness Solutions, Inc.

Avenir Wellness (OTCQB: AVRW) is a broad platform technology company that develops proprietary wellness, nutraceutical, and topical delivery systems. The technology, which is based on fifteen current patents, offers a number of unique immediate- and controlled-release delivery vehicles designed to improve product efficacy, safety, and consumer experience for a wide range of active ingredients. The Company will continue down the path of creating new technologies that is part of its incubator strategy in order to monetize its intellectual property by expanding its product lines utilizing the technology. And, as a vertically integrated platform company, Avenir also looks to partner with or license its IP technology to wellness companies worldwide. For more information visit: www.avenirwellness.com.

About The Sera Labs, Inc.

The Sera Labs, Inc. ("Sera Labs"), a wholly owned subsidiary of Avenir, is a trusted leader in the health, wellness, and beauty sectors with innovative products using cutting-edge technology. Sera Labs creates high-quality products that use science-backed, proprietary formulations. More than 25 products are sold under the brand names Seratopical™, Seratopical Revolution™, SeraLabs™, and Nutri-Strips™. Sera Labs sells its products at affordable prices, making them easily accessible on a global scale. Strategically positioned in the growth market categories beauty, health & wellness, Sera Labs products are sold direct-to-consumer (DTC) via online website orders, including opt-in subscriptions, and also sold online and in-store at major national drug, grocery chains, convenience stores, and mass retailers and on Amazon.com. For more information visit: www.seralabshealth.com and follow Sera Labs on Facebook and Instagram at @seratopical, as well as on X (Twitter) at @sera_ labs.

Forward Looking Statement

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statements other than statements of historical fact contained in this press release, including statements regarding the future growth and success of our organization. We have attempted to identify forward-looking statements by using words such as "anticipate," "believe," "could," "estimate," "expected," "intend," "may," "plan," "predict," "project," "should," "will," or "would," and similar expressions or the negative of these expressions.

Forward-looking statements represent our management's current expectations and predictions about trends affecting our business and industry and are based on information available as of the time such statements are made. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy or completeness. Forward-looking statements involve numerous known and unknown risks, uncertainties and other factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements predicted, assumed or implied by the forward-looking statements. Some of the risks and uncertainties that may cause our actual results to materially differ from those expressed or implied by these forward-looking statements are described in the section entitled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as well as in our Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable law, we expressly disclaim any intent or obligation to update any forward-looking statements, or to update the reasons actual results could differ materially from those expressed or implied by these forward-looking statements, whether to conform such statements to actual results or changes in our expectations, or as a result of the availability of new information.

Contacts:

Investor Relations
Hanover International Inc.
E: investor@avenirwellness.com
T: (760) 564-7400

SOURCE: Avenir Wellness Solutions, Inc.

nice news out here https://www.otcmarkets.com/stock/AVRW/news/Avenir-Wellness-Solutions-Announces-Global-Settlement-with-Ionic-Ventures-Eliminating-Convertible-Debt?id=462453

Looks like a DEAD 10Q Bounce.

Kind of looks like some gambler's came in on basic technicals and didn't
read deeply into the report. Had a small bounce and now is trailing back
off again. I expect to see new lows soon.

BANKRUPTCY or MIRACLE - that is the question.

More buying volume for AVRW on this half trading day which just closed. The accumulation and uptrend are becoming more clear.

Avenir Wellness Solutions Inc (OTCQB: AVRW)
0.04495 +0.00055 (+1.24%)
Volume: 121,175
Day Range: 0.04235 - 0.05
Last Trade Time: 11:50:21 AM EST

POM-POM PUMP CONTINUES!!!

Accumulation continues. Investors are still building their positions for the the upside potential here from the current base support level.

Avenir Wellness Solutions Inc (OTCQB: AVRW)
0.0444 +0.0144 (+48.00%)
Volume: 96,591
Day Range: 0.0241 - 0.048
Last Trade Time: 1:27:57 PM EST

Holders should take 3 cents before the bankruptcy.

Not sure why PS keeps posting nonsense.

Have a great weekend SOTG !

BANKRUPTCY has to be coming here soon.

Why would a POM-POM keep trying to promote a Company with virtually no business, no money and LOTS of debt?

Another good day for AVRW with more buying volume and trades as high as .0575 to continue the current uptrend.

Avenir Wellness Solutions Inc (OTCQB: AVRW)
Last: 0.0499 0.00 (0.00%)
Volume: 48,155
Day Range: 0.031 - 0.0575
Last Trade Time: 2:11:04 PM EST

Either a Gambler - or - Delusional - BANKRUPTCY

Looms.

They definitely didn't read that horrendous 10Q or
they don't know how to read a 10Q.

Uptrend with some uninformed penny investor gambling $150??? Give me a break!

PURA VIDA!

Nice close for AVRW today with another gain to continue the recent uptrend. Investors are seeing that there is good upside potential here as the company continues to develop its business plans. It's also very positive that management is keeping all required SEC filings up to date to maintain their valuable OTCQB listing status.

Avenir Wellness Solutions Inc (OTCQB: AVRW)
Last: 0.0499 +0.00495 (+11.01%)
Volume: 3,423
Day Range: 0.0499 - 0.0499
Last Trade Time: 3:53:25 PM EST

No kidding. BANKRUPTCY ????

I need to dig a little further in the transactions section as I read that they had
received the remainder of the $2MM from good ole RD (somehow someway)
but I have not spotted those particular payments in the spreadsheet data.

Anyhow - Sales have indeed dropped sharply, they are sharing space in the
distribution center and have no main offices any longer, and yes indeed - the
debt just keeps piling up and the interest rates are killing them too.

Sad sad sad. Oh... and is RD still Chairman of the Board ??

As of September 30, 2024, the Company had $11 thousand of cash on hand, had an accumulated deficit of $126.1 million and a working capital deficit of $13.1 million. Our operating activities consume a portion of our cash resources. We anticipate that we will continue to incur operating losses and negative cash flows from operations as we execute our strategic and business development initiatives. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The Company may need to complete additional equity or debt financings to fully execute its business plans and strategies.

That may be the ugliest 10Q I have ever seen!!!

NO MONEY!! NO SALES!! NO OFFICE!!

LOTS AND LOTS OF DEBT!!!

Not even worth anything as a shell as the debt is a killer!!!

NEW LOWS ARE COMING SOON......

After reading that 10Q, my guess is there will be a lot of selling tomorrow.

THEY HAVE NO OFFICIAL OFFICES ANY LONGER.....

Operating Lease



The Company currently maintains its corporate offices at 15233 Ventura Boulevard, Suite 420, Sherman Oaks, CA 91403 at no cost to the Company under an informal arrangement with its tenant while the Company seeks to identify suitable permanent office space. The Company previously maintained its leased corporate offices at 5805 Sepulveda Boulevard, Suite 500, Sherman Oaks, CA 91411 under a lease agreement (the “Lease”), which was originally set to expire on April 30, 2026. Effective on September 6, 2024, the Company early terminated the lease without penalty by mutual agreement with the landlord and the Company vacated the premises. The lease provided for the payment of base monthly rent in the amount of $7 thousand during the first 12 months of the term with an increase of 3% over the base monthly rent beginning on the one-year anniversary of the Lease. The Company previously occupied Suite 801 in the same building under a lease agreement that expired on April 30, 2024.

Horrendous 10Q - THE TOILET IS FLUSHING

Read it all closely - they have less cash on hand than current liabilities.
So, they are more than broke !! Sales are absolutely horrible.

https://www.sec.gov/ix?doc=/Archives/edgar/data/1643301/000147793224007414/avrw_10q.htm

BANKRUPTCY is a long and slow bleed here - Miracle coming? Doesn't appear so.

Fingers crossed that the future shows increased sales. Filing is always good news.

AVRW has filed the company's 3rd quarter financial results today, well within the normal extension time frame for its due date of November 15th. Management is keeping the company is good standing and is now fully up to date again with this filing. As the company makes more progress on its developing business plans there is a lot of upside stock price appreciation potential here from the current base support pps levels.

Avenir Wellness Solutions, Inc. (Form: 10-Q, Received: 11/19/2024 13:34:16)
Link:
https://www.otcmarkets.com/filing/html?id=17986389&guid=cmY-kpB8kdwfJth

Good thing is their filing extension is for 5 calendar days, so you will see or not see their filing in 2 more days.

PURA VIDA!!

BETS ON ANOTHER DELISTING TO PINKS?????

It's only been about a year ago that they were moved to the Pinks
after not filing on time.

Anyhow, I think it might be prudent to consider the fact that this time off
they are probably even more strapped for cash than last time.

As a direct result of the timing of the change in Avenir's auditor, the completion of its 2022 annual audit and the filing of its Form 10-K were delayed beyond the May 15, 2023 OTC Markets Group's deadline and, effective as of May 17, 2023, Avenir's common stock was moved from the OTCQB to the OTC Pink Market. Upon getting current with its SEC filings, the Company immediately re-applied to move the trading of its securities back to the OTCQB. On September 14, 2023, the OTC Markets Group notified the Company that its common stock would be re-listed on the OTCQB, effective September 15, 2023.

https://finance.yahoo.com/news/avenir-wellness-solutions-announces-return-100000078.html

LATE FILING NOTICE ONCE AGAIN......

FORM 12b-25 for NT-10Q Late filing

No big surprise here - they are late more times than they are on time.

Still calling BANKRUPTCY on this one without a MIRACLE.

Last trade uptick from 4 cents to 5 cents was for 1700 shares or $85!!

Real conviction!!! A fool born every day!


PURA VIDA!!

Nice close at the .05 level today for AVRW. The uptrend continues here.

AVRW Avenir Wellness Solutions Inc (OTC: AVRW)
Last: 0.05 +0.015425 (+44.61%)
Volume: 59,939
Day Range: 0.04 - 0.05
Last Trade Time: 3:30:47 PM EST

Good week for AVRW with the uptrend continuing and substantial bud support solidifying now. Looking forward to the company's Q3 financial filing due next week and hopefully some new press announcements on their progress and plans going forward.

We are going to need some good news here. Companies can be more resilient than hey appear to be. Hoping we get some good news here and they can turn this around. Tough running a company when one is counting pennies. I personally have done that before. Looking for a decent Q3 to start the rise. Let's see.

AVRW is due to report Q3 numbers this month by November 15th. Management is very reliable about keeping all its filings up to date so the stock remains in good standing for its OTC listing. We will likely see the upcoming filing on time and hopefully some fresh news on progress and the latest developments. Lots of potential for pps rise here from current base trading levels.

Agreed, I've been warning here for several years.

Thanks Pura Vida. I didn't see any updated address info but that happens. I don't think they are really concerned whether it goes bankrupt or not. What have they got to lose? They picked the bones clean and came out enriched. Like you I got out but it still stings. After reading the older posts, the hard data and facts, I just find it odd that RD/Cure paid 11 million dollars for a tiny cubicle company worth barely a million, with no track record, so so sales, pumped up with fiction, covid cash and covid traffic, loads of consumer complaints, and there are hundreds of competitors out there selling the same or better CBD products, moisturizers/line reducers, and the only positive reviews appeared to be from insiders. It just buggers the mind. I smell sulfur.

Not a lot of time to respond. But, if we are on the same page,
I posted some time ago about Avenir/Sera Labs having downsized
from the 8th floor down to the 5th in the building they lease at. I think
this is what you refer to - but not sure. They are in the same building
but now on the 5th floor.

The transparency here is indeed like a window painted over black.

Bankruptcy or Miracle - I still say bankruptcy looks inevitable.

It appears that the registered business address of Seralabs has been VACANT and listed for rent or lease for quite some time now. The other listed address is simply a commercial fulfillment center. What does this mean? Where are they? If this is the case, then what are the business rental expenses listed on their filings about? Maybe I'm missing something but there appears to be gaping holes, missing assets, invisible costs claimed as real, re-purposed/missing PPP money, re-directed debt, all kinds of cannibalized assets, and where is the transparency? They are talking a big talk with very poorly done flowery hype about product and the future, but wouldn't it be more important to clarify status?

There is not a good reason that I could think of for anyone to buy this.


PURA VIDA!!

New ALL TIME LOW, drops below 2 cents

$AVRW continues down down down

Doesn't have far to fall.


PURA VIDA!!

Sounds like something done to the pavement 🤣

$AVRW is going down down down.

Correction, "moisturizer/temporary line filler"

Clearly the bulk of the positive comments are not genuine--they cluster around specific dates after negative postings and the language is too superfluous to be meaningful or real. Across their limited market there are warnings about engaging with this company and that becomes terminal. Very sad but they have destroyed any good will from the limited consumer market they claim to have had. This is all just a common simple moisturizer promising the moon that evidently is not worth the trouble--and using NK as a brand ambassador is probably as bad for NK versus being good for the company. People appear pissed off.

This Product Celebrity Endorsed And 300% less money......

https://www.yahoo.com/lifestyle/olivia-wilde-40-loves-cerave-and-its-bestselling-eye-cream-is-on-sale-for-just-14-125055766.html

So why buy something Nicole Kidman says is great when Olivia Wilde says this is great for 3 X less cash out of your bank account...... ??
(I am comparing equal amounts in volume 2 each of the Cerave @ .5 oz compared to 1 each Seratopical DNA at 1oz.)

$AVRW - will they drop below 2 cents next week ????

$AVRW - will they go BANKRUPT or will a MIRACLE occur ????

POM-POMS hard at work!! Why?? I don't understand. I'm guessing they are not getting their posting fees.

Watch Nicole Kidman’s video for $AVRW on Instagram here:
https://www.instagram.com/reel/CyGgu2pr8zA/?

Just look at 2.2/5 Better Business Bureau numbers

Well SOTG & WF11, We have presented facts and numbers related
to 8K's, 10Q's and 10K's as well as pointed out some of the information
related to past products, manager's and the musical chair name game.

The BBB is generally a decent indicator of what people think about the
company. Their BBB score is 2.2 out of 5 ratings. It's a mixed bag of
comments both good and bad - but overall - it's bad.

Besides having no money - they have an awful reputation on customer
service, monthly recurring charges without efficient reviews etc. etc. etc.

Current price 2 cents
Current bid .0106 10K shares
Current ask .0298 10K shares

https://www.bbb.org/us/ca/sherman-oaks/profile/health-and-wellness/the-sera-labs-inc-1216-1084307/customer-reviews

The AVRW Sera Labs product line has never been more appealing and effective. Everyone can see it here and place orders too:
https://seralabshealth.com/