revenue warning

3512 days ago

Avanti Communications – Results all spin no substance & hidden revenue warning (again)

Avanti Communications (AVN) served up full year numbers today and it all looks great. Uber-bombast CEO David Williams, who admits to misleading investors in the past, has put a great spin on what is actually a dog’s dinner. Take the four bullet points financial highlights. Three of them are a half truth, misleading or an outright lie respectively. And there are good reasons not to believe the fourth at all!

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