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Microcap & Penny Stocks : Avante Technologies AVQ -Humidifier through Home Depot

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To: Rory McLeod who wrote (160)2/11/2000 5:38:00 AM
From: Jerrold Annett   of 183
 
Found on the net....

They are selling about 20 units per week on the internet. Home Depot sales are brisk. Basically, Home Depot can sell as many as AVQ can send them, but up until now, because of the cash flow problems, AVQ has had trouble keeping up with the orders.
They are presently doing a production run of 500, and immediately after that another one of 1000.
They are going to have a large meeting with Home Depot's head office in April. This is to determine exactly what Home Depot wants to do over the next year. AVQ expects the results from this meeting to be very positive.
AVQ is hoping to start selling in the Utah stores before this meeting.
The stores can literally take a truck load at a time, that's about 800 units. Of course, Avante needs to have everything in place to have the production capacity for that, we want to be able to supply product when it's needed.
Timbermart is still doing homework. As for Air For Life, they are taking a different tack. They have decided to begin selling to their contractors over the net, which will actually be better for Avante. The contractor will order the humidifier over Air For Life's web-site, and the order will then be shipped directly from Avante to the contractor. This means that Avante will be able to increase their margins some, making a higher net return than previously. They will also be keeping the Desert Spring name on the product, whereas previously Air For Life was talking about having their own name on the product.
Apparently one of the top brass from Home Depot was in one of the Colorado stores recently, and saw the product and how well it was selling. Was really impressed.
So everything looks great. The only thing I suggested that they need to do more of is keeping the public up to date more by means of News Releases from time to time, and on sites where they will get the most attention, such as Carlson On-line. AVQ knows they need to do more in that regard, and would be improving in that aspect.
All good news for now.
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