Monitor Ventures Inc (CE) (AVCVF) News

American Vanadium Corp. changed to Monitor Ventures Inc., and a one for 25 reverse split:

http://otce.finra.org/DLSymbolNameChanges

American Vanadium Announces Update on Letter of Intent
1
VANCOUVER, BC / ACCESSWIRE / May 24, 2016 / AMERICAN VANADIUM CORP. (TSXV: AVC) (OTC: AVCVF) ("American Vanadium" or the "Company") reports that, further to its press release of January 11, 2016, the Letter of Intent to acquire DMG MORI's wholly owned subsidiary, GILDEMEISTER energy storage GmbH ("GES"), manufacturer of the CellCube vanadium flow energy storage system, has expired. Due to market conditions, the Company was unable to secure the necessary financing to fund the acquisition of GES pursuant to the terms of the Letter of Intent. American Vanadium will continue to be the North American sales agent for the CellCube.

Corporate Update

The development of the grid level energy storage market has not met the expectations of industry and Company forecasts and, as a consequence, the Company does not believe the Gibellini vanadium deposit will have strategic value as a supply of vanadium electrolyte for an extended period of time. As a result, the Company has decided to discontinue developing and permitting the Gibellini property and one of the main Gibellini leases has reverted back to the owner. Therefore, unless the Company is able to negotiate reasonable terms to re-acquire this lease, the Company may relinquish other leases which require annual payments by December 31, 2016 and claims which expire August 31, 2016 in the area.

The Company has a significant working capital deficiency, and it needs to reorganize and streamline its activities. Further equity financing and settlement of its accounts payables are required to sustain its operations.

The Company applied for a resumption to trading with the TSX Venture Exchange (the "Exchange") and advised the Exchange that it is not meeting the requirements for a Tier 1 issuer. The Exchange has advised that soon after the dissemination of this news release that it would be issuing a bulletin resuming the trading of the securities of the Company as a Tier 2 issuer.

At the request of the TSX Venture Exchange, the Company also announces that it is suspending its rolling stock option plan (the "Plan") however, the current outstanding options will continue to be governed by the Plan.

About American Vanadium Corp.

American Vanadium is the Master Sales Agent in North America for GILDEMEISTER energy solution's CellCube energy storage system. The CellCube is the world's leading commercially available vanadium flow battery, providing long duration solutions over a 20+ year life for a broad range of applications including renewable energy integration and demand charge reduction. CellCube is a powerful, durable and reliable energy storage system that ensures a clean, emission-free energy supply at all times.

ON BEHALF OF THE BOARD

Bill Radvak, President and CEO

For further information, please contact:

Bill Radvak, President & CEO
(778) 888 4101
bradvak@americanvanadium.com
www.americanvanadium.com

Forward-Looking Statements: This press release contains "forward-looking information" within the meaning of applicable securities laws, including statements with respect to the negotiation of an SPA, the trading halt, the potential acquisition of GES, financing plans, other plans, objectives and strategies for the energy storage business and the Gibellini Vanadium Project, the expected performance of GES' products and competitive products, market opportunities and market developments. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of American Vanadium to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information, including that we may be unsuccessful in negotiating the SPA, in obtaining the financing required to complete the acquisition of GES or in obtaining the necessary regulatory, corporate or contractual approvals to complete the acquisition, the results of the acquisition or the performance of GES' products may differ from our expectations, the market may not adopt our products or may shift, and other factors including a history of losses, inadequate financing, reliance upon key management, the difficulties of integrating acquisitions and scaling operations, regulatory requirements, and the other risk factors included in our annual information form and other disclosure documents available on SEDAR at www.sedar.com. Although American Vanadium has attempted to identify important factors that could cause actual results to differ materially from those contained in forward- looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. American Vanadium does not undertake to update any forward- looking statements, except in accordance with applicable securities laws.

This press release does not constitute an offer to sell, or a solicitation of offers to buy, any securities.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY HEREIN.

SOURCE: American Vanadium Corp.

Forgotten, but not gone.

Trading again, albeit sporadically.

yes it is, will have to keep an eye on it. still waiting for the big dig.

Apparently, AVCVF is trading again.

Fascinating.

Indeed, I was hoping to invest here heavily, but who wants to put money in a black hole.

It would be nice to hear something from AVCVF concerning the LOI.

"The LOI provides American Vanadium with the exclusive right to enter into a share purchase agreement (“SPA”) on or before February 29, 2016"

March 1st and still no trading in AVCVF.

Its a curiosity for sure.

Here's why AVCVF is halted. I have no idea what to think about it given the disaster this company has been for the last 12 months.

AMERICAN VANADIUM ENTERS INTO A LETTER OF INTENT TO ACQUIRE THE COMPLETE CELLCUBETM VANADIUM FLOW BATTERY BUSINESS FROM DMG MORI



http://www.americanvanadium.com/cms-assets/documents/233559-715649.avc-nrjan11.pdf

Apparently, AVCVF is halted for some reason. Hopefully, this will be addressed soon, but it doesn't look good at this point.

Wow when we see 65 cents again ?

Crickets.

AVCVF- Hear anything Snoop.

A little pumping can't hurt at this point, but I'm guessing Ms Tomasaitis and Vorticom are willing to be paid in shares of AVCVF which they will probably sell immediately at the market.

Not sure what this means yet, but its the only news coming in.

http://finance.yahoo.com/news/american-vanadium-engages-public-relations-120100932.html

Still a good idea, albeit with poor execution of the business plan. Hopefully, they can hang on until something positive happens in the way of actual paying contracts, or a white knight steps in to get the vanadium assets. The relentless equity financing, in the absence of any significant revenue has been devastating to say the least.

This stock went from 65 cents to 8 cents last year ! That should tell you something ?

Interesting that this is so popular already. How will that affect CellCube supplier AV?

http://finance.yahoo.com/news/teslas-battery-grabbed-800-million-131055499.html

Energy storage is more important than ever before with the advent of alternative energy generation. the following shows just how important and how much DC was used as far back as WWII.

http://www.businessinsider.com/secret-world-war-two-era-basement-inside-grand-central-trains-nazis-2015-3

AVCVF definitely has the right idea. Now let's hope we get a mention in one of Tesla's news releases in the near future.

"Though valued at just $200 million in 2012, the energy storage industry is expected to grow to $19 billion by 2017, according to research firm IHS CERA."

Tesla moves into batteries that store energy for homes, businesses

http://www.reuters.com/article/2015/05/01/us-tesla-motors-batteries-idUSKBN0NM34020150501?type=companyNews

These warrants are for Apr 23, 2016. If it doubled in a year thats good, staying in business till then is good.
Cant say I will hold shares, maybe come back first of next year, maybe its ready then. still looking in once and a while.

("American Vanadium" or the "Company") (AVC.V) (AVCVF) is pleased to report that it has issued 3,014,285 units at the price of CDN$0.07 per unit (a "Unit") for gross proceeds to the Company of CDN$211,000 of its previously announced non-brokered private placement (the "Private Placement").

Each Unit issued pursuant to the Private Placement consists of one common share in the capital of the Company (a "Common Share") and one-half of one warrant exercisable at $0.12 (a "Warrant"). Each whole Warrant entitles the holder thereof to purchase one Common Share (a "Warrant Share") at a price of $0.12 until April 23, 2016.

Been nibbling again, it usually helps me understand the demand somewhat, selling is the only way to see it full circle. But really cant figure out what is going on here, especially when I buy some shares and it dont show up anywhere but in my brokerage account.
For the record cant say its good until something good happens.

If you want something that is happening now, look at PAL.

You could be right, time will tell. they need to get past the permit stage, which is a struggle for them however simple it may seem.

Seven cents seems to be the consensus. Pray for good news.

http://www.marketwatch.com/story/american-vanadium-announces-private-placement-and-corporate-update-2015-02-25

Poor execution of business plan, too much equity financing, and the crash in the price of oil.

Wow , I've been watching this stock for three years !! I bought at 45 cent sold at 60 watch a slow decline , but wow has it crashed hard !! I'd like to know what's going on really ? Any opinions ?

Higher than average volume and buying at the ask today. Perhaps we're not completely defunct yet.

if these guys had their head on straight the following would be a customer and not competition. If there was collaboration between them, it would be win win. recycling will run out once demand overcomes. not this year or near term though. watch out for both someday.

http://www.imergy.com/press-releases/2015/2/imergy-power-systems-introduces-esp250-series-flow-batteries-for-grid-scale-commercial-and-industrial-energy-storage

Due to difficult market conditions and financial constraints, the Company has significantly reduced its workforce and other costs where possible. The Company will require additional financing for general and administrative, for development costs associated with Gibellini property, and ongoing operational expenses.
You were right, they need it, and it looks like everyone is jumping ship because of it. Maybe if they survive it may be an investment to look at down the road. Ce la vie.

I dont see drop in price as a bargain. No news, no company support on drop, stick with other investments is the best I can say.

How low can u go ?

65 cents to 8 is pretty good sign there's no plan ?

Agreed, I dont see much attraction here, Im sure Im not alone. I hope its not worse, they have a pretty good thing going. I see more opps in Metals and Oil such as NUGT and HAL.

Unless we hear something reassuring very soon, I think it will be reasonable to assume there are major problems with the business plan at this point. I hope I'm wrong, but this price decline does not look good.

Doing price no favor for sure. maybe by summer it will be worth looking at.

Greece, the crash in the price of oil, ISIS, etc. We'll have to have some positive news to pull out of this slump, and absolutely, positively, NO MORE equity financing.

Wow what's with the consistent dropp

That was a fortuitous trade indeed! I suspect you'll have more than enough time to get back in under .48 as there will likely be significant selling of the last equity funding shares below your price.

That was a fortuitous trade indeed! I suspect you'll have more than enough time to get back in under .48 as there will likely be significant selling of the last equity funding shares below your price.

Oh hope your wrong ! I sold at 48 haven't the funds until jan 15

There may be some resistance at .40 where the last equity funding shares were issued, but I think we will likely see dramatic improvement after January 1st from the currently depressed level, which I believe is due to year end tax loss selling. Good news about the business plan could easily push us back above .60 assuming it shows revenue or at least a clear path to revenue.

What's your out look ? I remember 64 cent ms this summer ?

Get'em while they're cheap, boys and girls.

For a few minutes it looked like the tax loss selling had ended.

We will have to endure tax loss selling for a few more weeks unless the company releases some type of tangible results. On the bright side, anything below .40 is probably a winner early in 2015.

I have some just to make me watch it. it cycles for sure.

I see this dropping even more over jan and March it will pick up ! I'll probably get in just before spring !

its oil prices, gonna be a while, they have occasional financing and joint efforts but that wont cut it. actual mining at the site would do it.