AVMC ceased operations: otcmarkets.com
Their debt was so small compared to so many others.
They are in thousands of Walgreens and Walmart stores, they have agreements with WWF and ESPN and Garner, and others..and they have this new mobile pix platform that was highly touted, and they announced great results from some promotions.
Yet, they apparently couldn't make enough money to pay off relatively little debt. They stopped reporting financials earlier this year, but still came out with some great sounding PRs. IMO they left shareholders in the dark and with hopes for a big future while their share price dwindled throughout the year. Not very happy.
September PR:
"The response from photo retailers for PlingPix has been amazing," stated Chett Paulsen, CEO aVinci Media. "The ability to instantly engage customers on mobile platforms, websites or desktops with a single click creator has accelerated adoption and integration of PlingPix into existing photo creation offerings."
aVinci's unique and proprietary solutions offer any website, retailer, smartphone application, online game, independent band, school or any other group to create profitable, incremental revenues from both copyrighted and personal fan images. Virtual representation of products such as photo books and streaming media can be created and placed on a Facebook wall, blog site or other online site.
"The adoption of digital imaging has empowered consumers to capture and share unprecedented numbers of images and to use imaging as a primary currency of communication," stated Frank Baillargeon, CEO F/22. "However, until now, seamless, spontaneous connections between image capture and the creation of meaningful output have been painfully absent. The PlingPix platform is the most exciting application of digital imaging technology that I've seen in 2011 and the implications for photo output are profound." |
