Running discussion on SP, page-83757

AVZ has been abandoned by the mainstream brokers , litigation funders and bankers.
First it resorted to Locke for a modest $20m loan to keep the legal fight going, this is a company with no internet footprint and no history of funding these types of legal fights.

Its coming up to a year now and still nothing from them, a desperate ring around from the CEO has resulted in a modest $1.4m from retail selling unsecured con notes.

Today they have announced they are engaging a large retail holder to help save them !

Good grief the writing is on the wall this company is now in a death spiral that ends in administration. No amount of holding hands and singing kumbaya around the campfire is going to halt the inevitable outcome here.