AVZ Discussion 2022

Rediah

Regular
Does the DRC have any assets that can be seized in the US or Europe?

I think the DRC state will remain a belligerent entity to us for the remaining part of our cases against them as they are incompetent to see their own deep-seated corruption (within various entities) or actually completely corrupt themselves. Possibility of a Chinese buyout, but probably a higher chance this will go the full duration in the courts. Hoping there is some light at the end of this horrible situation
DRC signed with the Office of Foreign Asset Control (OFAC) since 2005/06.

“….OFAC administers a number of U.S. economic sanctions programs. OFAC sanctions programs can range from being comprehensive in nature, such as a program that blocks the entire government of a country and includes broad geographically-based trade restrictions, to being fairly limited, such as a program that targets only specific individuals and entities….”

So, When AVZ can prove that people at their individual levels are involved in corruption at the highest level, taken bribes etc, their foreign assets can be seized as well, plus prison time under OFAC program.

I am sure before going to ICC and ICSID, BoD would have weigh in all their options. And if this whole excercise is going to be a formality where DRC won’t comply, I am sure BoD would have looked for other avenues to sort this 🤷‍♂️
 
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Flekman11

Member
So we'll need to go full ICSID to enforce penalties ?
You went full ICSID. Never go full ICSID.

Having said that, it’s the best option to force hands. It’s really the only option.
 
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oxxa23

Regular
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Frank

Top 20
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Dave Evans

Regular
Hi Dave, appreciate your efforts... but, are you sure posting that on x is wise?

Took it down mate 👍
 
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Frank

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Frank

Top 20
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cruiser51

Top 20
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Did Pauline Hanson ever get back to anyone 😂?
 
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Winenut

Go AVZ!
Did Pauline Hanson ever get back to anyone 😂?
Yeah.....her hairdresser and elocution teacher

All failed to respond
 
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Thaz

Regular
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Rediah

Regular
Those who are looking for these secret buyers please take note.


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RHyNO

Regular
Anyone else in commsec still seeing their shares? I can still see my holding which I assumed would disappear, this is probably a chess thing?
 
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Cumquat Cap

Regular
Jan De Jager taken ceo job at Surefire resources effective immediately. I await his resignation from avz today also as he will be far too busy with next role and he sold all his shares already. Good riddance
 
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Winenut

Go AVZ!
Anyone else in commsec still seeing their shares? I can still see my holding which I assumed would disappear, this is probably a chess thing?
Yes still seeing mine

Status is quoted as "suspended" currently

Not sure whether it will continue to be seen .....not happened to me before

According to the ASX your shares will revert from a CHESS holding to Issuer Sponsored

If it disappears from your Chess Holding section in Commsec I suspect you could manually add your units and price into your "Issuer" sponsored section to at least have some visibility on the holding

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Azzler

Top 20
It could literally be a part of the FUD campaign currently being voiced by Ty and Shane on X.
I notice that's one of the tools fuckwits on HC are using, trying to create fear our shares are worthless.
Like 0.001 is just absurd, and I think they went too far with that and to me it shows their hand that it's just a tool for spreading FUD.

Psy ops shit.

I know of one legit transaction where a guy sold his shares for 1 cent. Amazing deal for the buyer but I really feel for people who get frightened in to selling their shares so cheaply.
I can understand just wanting to GTFO of all this and settling for 50c.
 
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Jazz

Regular
It could literally be a part of the FUD campaign currently being voiced by Ty and Shane on X.
I notice that's one of the tools fuckwits on HC are using, trying to create fear our shares are worthless.
Like 0.001 is just absurd, and I think they went too far with that and to me it shows their hand that it's just a tool for spreading FUD.

Psy ops shit.

I know of one legit transaction where a guy sold his shares for 1 cent. Amazing deal for the buyer but I really feel for people who get frightened in to selling their shares so cheaply.
I can understand just wanting to GTFO of all this and settling for 50c.
End of financial year approaching would possibly influence some holders motivation at the moment.
 
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Flight996

Regular
End of financial year approaching would possibly influence some holders motivation at the moment.

Yes, the principle of selling at EoFY in order to offset capital gains realised elsewhere is a common strategy, particularly if you can pick them up again on the other side of 30 June at a lower entry price.

However, at the offer price of $0.001 per share, I would rather burn them in my Coonara than give them away to a faceless proxy for the very Chinese grubs who are out to steal Manono.

Is it too early to start drinking?
 
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Doc

Master of Quan
Yes, the principle of selling at EoFY in order to offset capital gains realised elsewhere is a common strategy, particularly if you can pick them up again on the other side of 30 June at a lower entry price.

However, at the offer price of $0.001 per share, I would rather burn them in my Coonara than give them away to a faceless proxy for the very Chinese grubs who are out to steal Manono.

Is it too early to start drinking?
Too early? Most of us been drinking for hours! Time to catch up
 
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