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Manaris 2010 Corp (CE)

Manaris 2010 Corp (CE) (AVNY)

0.0001
0.00
(0.00%)
Closed April 28 4:00PM

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Key stats and details

Current Price
0.0001
Bid
0.00
Ask
0.00
Volume
-
0.00 Day's Range 0.00
0.000001 52 Week Range 0.0001
Previous Close
0.0001
Open
-
Last Trade
Last Trade Time
Average Volume (3m)
1,000
Financial Volume
-
VWAP
-

AVNY Latest News

No news to show yet.
PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
40000000CS
129.9E-599001.0E-61.0E-61.0E-610001.0E-6CS
269.9E-599001.0E-60.00011.0E-66672.575E-5CS
529.9E-599001.0E-60.00011.0E-6207499.875E-5CS
156-0.0021-95.45454545450.00220.00311.0E-6673650.00052398CS
2609.9E-599001.0E-60.02771.0E-61541070.00285208CS

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AVNY Discussion

View Posts
makinezmoney makinezmoney 4 years ago
$AVNY: I don't see you Produce ANY VALUE ......... ANYWHERE


I've had 35 winners this year alone.



What have you had ????



A soggy rag all year ?



Take your pity elsewhere.......... we'll be ok !!!!!!!!!!



GO $AVNY
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1TIMEPLEASEGOUPPPPP 1TIMEPLEASEGOUPPPPP 4 years ago
YEA YUP~ HE FRONT LOADS AND THEN DUMPS~ ITS UNREAL HOW HE GETS AWAY WITH IT...FOLKS ARE DUMB AS CEMENT~ LIKE I SAID...KARMA IS A BITCH~ HE WILL GET WHAT HE DESERVES~ YOU CANT BE A CON ARTIST YOUR WHOLE LIFE AND NOT GET PINCHED~
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1TIMEPLEASEGOUPPPPP 1TIMEPLEASEGOUPPPPP 4 years ago
GAMBLE ALL YOU WANT....THE CLOWN HERE PUMPING IS NOTORIOUS FOR THOUSANDS OF PUMP AND DUMPS...CHECK POSTING HISTORY, NOTHING WARRANTS 9/10 OF TICKERS HE MENTIONS...ITS ALL A SCAM~ DO AS YOU PLEASE~ YOU HAVE BEEN WARNED~
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housebuyer housebuyer 4 years ago
thanks for the post. yes, total gamble. Back in May, however, a few of these junk stocks kept going to like 10-12 cents for no reason. I got super lucky a couple times riding those up! nothing but total gamble
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1TIMEPLEASEGOUPPPPP 1TIMEPLEASEGOUPPPPP 4 years ago
NO REASON THIS SHOULD EVER BE UP ANYTHING AT ALL...ITS DEAD...TIK TOCS PUMP...DONT FALL FOR HIS PUMP AND DUMPS~ YOU WILL LOSE LOTS PAL~
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1TIMEPLEASEGOUPPPPP 1TIMEPLEASEGOUPPPPP 4 years ago
KEEP ON PUMPING YOUR WORTHLESS CRAP~ CROSS BONES AND SKELETONS~ HOW YOU CAN LIVE WITH YOURSELF~
👍️0
1TIMEPLEASEGOUPPPPP 1TIMEPLEASEGOUPPPPP 4 years ago
YEA YUP...TOTAL PUMP AND DUMP HERE...HOW THIS GUY HAS ALMOST 1000 FOLLOWERS...A MANIPULATIVE ARTIST INDEED~ LOTS OF NAIVE FOLKS OUT THERE LISTEN TO HIM TOO....SUCH A SHAME THAT PEOPLE LIKE HIM GET AWAY WITH SUCH CRAP~ KARMA IS A BITCH FOR THAT HUMAN~
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1TIMEPLEASEGOUPPPPP 1TIMEPLEASEGOUPPPPP 4 years ago
TOTAL SCAM , PURE PUMP AND DUMP~ TIK TOC MOVES~ DONT FALL FOR THIS SCAM~ NOTHING WARRANTS THIS MOVE...THATS WHY ITS ALL THE WAY BACK DOWN WHERE IT BELONGS~ FOLKS DONT GET FOOLED BY SOME~ DO YOUR DD~ THIS IS WORTHLESS~
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retireat40 retireat40 4 years ago
Being pumped...look at the posting history of the main pumper here. One day P&D's.
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housebuyer housebuyer 4 years ago
5G hype?
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housebuyer housebuyer 4 years ago
why is this up?
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makinezmoney makinezmoney 4 years ago
$AVNY: Another $TZPC in the making.......... u-saw-that last-week


And look ........ it went from $0.02 to now $0.36



These are just AWESOME !!!!!!!!!



GO $AVNY
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tw0122 tw0122 4 years ago
On August 6th there was some movements here. Interesting
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makinezmoney makinezmoney 4 years ago
$AVNY: Wow..... $18k buy right there !!!!!!!!!!!!


Thats a SERIOUS LOAD !






GO $AVNY
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tw0122 tw0122 4 years ago
Share Info
Status Active
Market Cap $ 673,484
Shares Authorized 500,000,000
Shares Outstanding 204,086,152
Shares Outstanding Date 08/14/2020
Shareholder Count 153
Shareholder Count Date 6
👍️0
makinezmoney makinezmoney 4 years ago
$AVNY: $0.02........ is this next VMNT



GO $AVNY
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makinezmoney makinezmoney 4 years ago
$AVNY : Rolling here....... crossed $0.01


Wow........... look at that lift



GO $AVNY
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Renee Renee 9 years ago
AVNY SEC Suspension:

http://www.sec.gov/litigation/suspensions/2015/34-74398.pdf

Order:

http://www.sec.gov/litigation/suspensions/2015/34-74398-o.pdf
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BORN AGAIN BORN AGAIN 10 years ago
$AVNY get some buying for some reason , this is what I show last address

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=jTwAG8aub%252fjg4mIYgSHeEQ%253d%253d&nt7=0
👍️0
AOuvier AOuvier 10 years ago
1.5/milli bidder @ 0.0015 Friday. Shall see how Monday am sets up.
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Mindsplit Mindsplit 10 years ago
Investors are advised that OTC Markets Group has been unable to contact or confirm the location of this company. If you have current contact information, please complete the Update Company Information Form or send an email to info@otcmarkets.com.
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AOuvier AOuvier 10 years ago
AVNY coming back to life? 0.001, 0.0011, then 0.002 and 0.0258 on l2's
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ash111 ash111 10 years ago
it's a possibility,g-filer,over 2m in vol
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SuperC SuperC 11 years ago
Yes, it's an outside iHub extravaganza... so holding a few for whatever lies ahead! http://investorshub.advfn.com/boards/msgsearch.aspx?searchstr=avny
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1geb 1geb 11 years ago
maybe R/M news or something...AMAZING!!!!
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Big_Money_Upward Big_Money_Upward 11 years ago
crazy day here!
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1geb 1geb 11 years ago
printing the .006s, now...insane!
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SuperC SuperC 11 years ago
Huge bid buying, no clue but the tape doesn't like huge buying continues of they can get .0039, no .005 now
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1geb 1geb 11 years ago
what is going, HERE!!! tempting.....
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SuperC SuperC 11 years ago
AVNY a massive 9mil at the bid .0038
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SuperC SuperC 11 years ago
AVNY .005 massive volume change 748k today http://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=2224&i=AVNY&pv=recent-symbols&pp=AVNY
👍️0
NJ_TOAD NJ_TOAD 14 years ago
Avensys Corporation Announces Closing of Sale of its Sole Operating Subsidiary


Avensys Inc. To Join With 3S Photonics, A World-Leading French Photonics Manufacturer

MONTREAL, Feb 08, 2010 /PRNewswire via COMTEX/ -- Avensys Corporation (Pink Sheets: AVNY; FRANKFURT WKN: A0M9YA) today announced the closing of the sale of its Canadian operating subsidiary, Avensys Inc., to 3S Photonics. Details pertaining to the sale of Avensys Inc. to 3S Photonics were originally announced on December 17, 2009.
The sale was approved by the requisite majority of shareholders at a special meeting of shareholders held today in Montreal. The shareholders further approved the name change of Avensys Corporation to Manaris (2010) Corporation.

The acquisition of shares of Avensys Inc. and its participation in ITF Laboratories Inc., by 3S Photonics is expected to result in a business, operating in both North America and Europe, with exceptional product synergies and a significantly greater ability to expand product lines and services beyond current capabilities.

About Manaris (2010) Corporation

Manaris (2010) is a non-reporting public company which trades on Pink Sheets under the ticker symbol AVNY.PK.

SOURCE Manaris (2010) Corporation



www.prnewswire.com
Copyright (C) 2010 PR Newswire. All rights reserved
-0-

KEYWORD: Canada
France
INDUSTRY KEYWORD: FIN
SUBJECT CODE: TNM
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Prinz18 Prinz18 15 years ago
.PK!!!!!
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Bigstud is here Bigstud is here 15 years ago
15 months later im just checking in and saying this is over value when it hit 4 cents.
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walterc walterc 15 years ago
http://biz.yahoo.com/e/090513/avny.ob10-q.html
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di4 di4 15 years ago
Avensys Corporation Reports Fiscal Third Quarter 2009 Financial Results
May 13, 2009 8:13:00 AM


Email Story Discuss on ZenoBank

View Additional ProfilesMaintains Positive Cash Flow


MONTREAL, May 13 /PRNewswire-FirstCall/ -- Avensys Corporation (OTC Bulletin Board: AVNY; FRANKFURT WKN: A0M9YA), a leading manufacturer of high-end fiber optic components, and a distributor and integrator of environmental and process monitoring systems, today reported its financial results for the third quarter of fiscal year 2009, ended March 31, 2009.


Third Quarter Fiscal 2009 Results

Total consolidated revenue for the fiscal third quarter 2009 ended March 31, 2009, was $5.4 million compared to $5.8 million in the same period a year ago. For the third quarter of fiscal 2009, consolidated gross profit was $1.9 million compared to $2.0 million year-over-year. Gross margin as a percentage of revenues, for the quarter, increased to 35.4% compared to 34.7% in the same period a year ago. Cash flow generated by operations for the third quarter was $285,000 as compared to cash used in operations of $691,627 for the same period a year ago.


Net loss for the third quarter was $134,257 versus $273,779 in the same period of the previous year, and includes a provision for severance costs of $218,000.


Nine Month Fiscal 2009 Results

Total consolidated revenue for the nine months ended March 31, 2009, rose 12.5% to $16.5 million, from the $14.7 million recorded for the same period a year ago.


For the nine months ended March 31, 2009, gross profit on a consolidated basis was $5.5 million as compared to $5.3 million in the same period a year ago. During this period, gross margin was 33.2%, as a percentage of consolidated revenues, compared to 36.3% for the same period a year ago. Cash used in operations during the first nine months was $35,000, compared to cash used in operations of $1.6 million for the same period a year ago.


For the nine months ended March 31, 2009, net loss was $4.1 million as compared to $2.8 million during the same period a year ago. Included in the net loss of $4.1 million is a loss on impairment of goodwill of $3.9 million taken in the second quarter ended December 31, 2008.


Avensys Solutions

Avensys' environmental and process monitoring business, Avensys Solutions, continued to see growth, 25.1% for the current quarter, compared to the same period a year ago. This growth is a result of the positive integration from the Willer Engineering acquisition, which offset the negative impact of the current economic downturn, since revenues generally lagged behind our expectations.


During the third quarter, we further continued the restructuring of Avensys Solutions by reducing the size and related costs of our management team. Dr. Hassan Kassi was appointed chief operating officer (COO) of Avensys Inc., and is now responsible for the operations of both divisions: Avensys Tech and Avensys Solutions. In addition, Mr. Pierre Michaud was promoted as vice-president of Sales & Marketing for Avensys Solutions.


Avensys Tech

Avensys' optical component business, Avensys Tech, reported revenues for the third quarter period, ending March 31, 2009 of $2.9 million, a 23% decline from the $3.8 million reported for the same period a year earlier. Avensys Tech experienced a softening in demand from the telecommunications market during this quarter, particularly as it relates to undersea components and demodulators. This decline was partially offset by an increase in demand of multi-mode combiners for the industrial fiber laser market and an increase in revenues derived from contracts to build leading-edge high power fiber laser components and systems. We continue to ship substantial quantities of Fiber Bragg Gratings.


President and Chief Executive Officer, John G. Fraser of Avensys Corporation, commented, "We are confident that our efforts to diversify our offering, conserve cash, reduce costs and increase our sales efforts has allowed us to weather this challenging economic environment."


Mr. Fraser added, "Management believes that Avensys will survive the current economic downturn, however, the current capital structure may not be sufficient to support its future growth objectives and technology development. To this end, the Company has engaged Connecticut-based Lightwave Advisors Inc., a financial advisory firm, to assist the Company in reviewing and evaluating its financial and strategic alternatives."


About Avensys Corporation

Avensys Corporation operates Avensys Inc., its wholly-owned core subsidiary. Avensys Inc., through its manufacturing division Avensys Technologies, designs, manufactures, distributes, and markets high reliability optical components and modules as well as FBGs for the telecom market, and high power devices and sub-assemblies for the industrial market. Avensys Technologies is also a pioneer in the development of packaged fiber-based sensors and possesses licences in regards to leading edge intellectual property. Avensys Solutions, the other division of Avensys Inc., is an industry leader in providing instrumentation and integrated solutions for the monitoring of industrial processes and environmental surveillance applications for air, water and soil in the Canadian marketplace. To find out more about Avensys Solutions, please visit our website at www.avensyssolutions.com. For Avensys Corporation company news and updates you can also visit www.avensyscorporation.com.


Forward-Looking Statements:

Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.


For more information, please contact:
Ms. Sherine Attia
Avensys Corporation
Tel: 1.877.904.6030
Use of Non-GAAP Financial Measures

The Company provides non-GAAP financial measures, such as adjusted EBITDA, to complement its consolidated financial statements presented in accordance with GAAP. Non-GAAP financial measures do not have any standardized definition and, therefore, are unlikely to be comparable to similar measures presented by other reporting companies. These non-GAAP financial measures are intended to supplement the user's overall understanding of the Company's current financial and operating performance and its prospects for the future. Specifically, the Company believes the non-GAAP results provide useful information to both management and investors by identifying certain expenses, gains and losses that, when excluded from the GAAP results, may provide additional understanding of the Company's core operating results or business performance, which management uses to evaluate financial performance for purposes of planning for future periods. However, these non-GAAP financial measures are not intended to supersede or replace the Company's GAAP results.


The company uses adjusted EBITDA (earnings before interest, taxes, depreciation and amortization, adjusted for debentures and preferred shares accretion, and changes in fair value of derivative instruments) as a non-GAAP financial measure in this press release. A reconciliation of EBITDA to the operating loss for the first quarter of 2009 is as follows:



Adjusted EBITDA
(Expressed in thousands of US Dollars)

For the Three For the Nine
Months Ended Months Ended
March 31, March 31,
2009 2008 2009 2008

Net Income (Loss) (134) (274) (4,056) (2,835)
Plus
Interest expense, net 83 53 236 238
Depreciation and amortization 262 323 834 940
Loss on impairment of goodwill - - 3,889 -
Loss on redemption of convertible
debentures - - - 1,423
Debentures and preferred shares
accretion 342 234 953 679
Change in fair value of derivative
financial instruments (440) 97 (1,617) (242)
Income Tax Benefit (181) (275) (538) (870)

Adjusted EBITDA (Loss) (68) 158 (299) (667)



Condensed Financial Statements

Consolidated Statements of Operations
(Expressed in thousands of U.S. Dollars, except for per share amounts)

For the Three For the Nine
Months Ended Months Ended
March 31, March 31,
2009 2008 2009 2008
$ $ $ $

Revenue 5,410 5,781 16,497 14,659

Cost of Revenue 3,496 3,775 11,020 9,336

Gross Margin 1,914 2,006 5,477 5,323

Operating Expenses

Depreciation and
amortization 208 222 644 712
Selling, general and
administration 1,790 1,676 5,062 4,786
Loss on impairment of
goodwill - - 3,888 -
Research and development 250 644 1,004 1,806

Total Operating Expenses 2,248 2,542 10,598 7,304

Loss from Operations (334) (536) (5,121) (1,981)

Other Income (Expenses) 29 (359) 537 (2,355)
Income Tax Benefit -
Refundable tax credits 181 275 538 870
Non-Controlling Interest - - - -
Results of Discontinued
Operations (10) 346 (10) 631

Net Loss (134) (274) (4,056) (2,835)

Net Loss per share -
Basic and Diluted (0.00) (0.00) (0.04) (0.03)

Weighted Average
Common Shares
Outstanding 99,086,152 98,290,264 99,082,755 96,866,392



Consolidated Balance Sheets
(Expressed in thousands of U.S. Dollars)

March 31, June 30,
2009 2008
$ $
ASSETS

Current Assets 8,114 9,836
Property and equipment, net 1,760 2,490
Intangible assets 2,753 3,879
Goodwill - 4,645
Deferred financing costs 311 405
Deposits 125 85
Total Assets 13,063 21,340

LIABILITIES AND STOCKHOLDERS' EQUITY
Total Current Liabilities 8,460 9,137
Long-term debt, less current portion 90 191
Convertible debentures 1,415 1,299
Balance of purchase price payable 1,259 1,706
Derivative financial instruments 117 1,364
Total Liabilities 11,341 13,697
Non-controlling Interest - 8
Total Stockholders' Equity 1,722 7,635
Total Liabilities and Stockholders'
Equity 13,063 21,340





SOURCE Avensys Corporation



----------------------------------------------
Ms. Sherine Attia
Avensys Corporation
1-877-904-6030
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walterc walterc 15 years ago
http://biz.yahoo.com/prnews/090317/ny84349.html?.v=1

When the crisis stops , this company is going to fly
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walterc walterc 15 years ago
Regarding your concern relative to a “hostile” acquisition, we would like to make the following comments:

1. If anybody tries to accumulate sufficient shares on the open market to constitute a substantial holding,

1. first the price will go up,

2. second once the buyer has accumulated 5%, the buyer must publicly state its intentions,

3. and thirdly at 10% the buyer becomes an affiliate and must file a Form 3 disclosing its shareholding and thereafter file a Form 4 every time the buyer buys or sells shares.

2. Also, we have a very experienced board. If we are approached by somebody who wants to buy a majority stake, the board will need to consider very carefully whether the offer values the company fairly, and whether there might be other interested parties who want to tender an offer. The board can always say No if it believes the company is being undervalued. And at current prices we certainly believe the company is undervalued.

I hope that this addresses your concerns,"


Sherine Attia:

👍️0
walterc walterc 15 years ago
Dear Walter,



Thank you for your e-mail. It is always a pleasure to hear from our shareholders, and I assure you that the company is very interested in getting your comments and feedback.



Firstly, I would like to apologize for not responding to your previous e-mails. In order to ensure that we respond in a timely manner, kindly send your e-mails directly to me so that I can make sure we respond quickly.



Secondly, in response to your comments in the e-mail below, the company is always seeking effective ways of improving shareholder value. However, considering the size of the company and the current economic climate, we are concentrating our efforts and resources on conserving cash, to match costs with revenues, on intensifying sales efforts, and on diversifying our portfolio.



Consequently, in an effort to control expenses diligently, we have determined that having quarterly calls is not the best use of resources for a company of our current size. As part of an additional effort to rationalize expenses, we have focused most of our resources on expenses that directly benefit the operations, including process improvement and production-related investments. However, we are aware of our responsibilities as a public company and we will always ensure that we comply with SEC rules in regards to timely communication with shareholders on material news.



Furthermore, we really appreciate all the support you’ve given us throughout the years. I want to stress that we are working hard to build our company, while always striving to maximize value to our shareholders. We believe that, in this tough economic environment, concentrating our efforts on building up a solid company, while controlling the expenses tied to being a public company, is the most efficient way of increasing shareholders’ value.



Sherine Attia, L.L.L. & L.L.B.

In-House Legal Counsel

Avensys Corporation

400 Montpellier Blvd.

Montreal, Quebec

Canada H4N
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skipdeez skipdeez 15 years ago
This one is looking decent down here, due for a bounce...
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walterc walterc 15 years ago
http://biz.yahoo.com/prnews/090213/ny70714.html?.v=1

positive cashflow
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walterc walterc 15 years ago
http://biz.yahoo.com/prnews/090213/ny70714.html?.v=1

positice cashflow
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walterc walterc 15 years ago
http://finance.yahoo.com/news/ITF-Labs-Announces-the-prnews-14101102.html

They continue to get new products out

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walterc walterc 15 years ago
http://biz.yahoo.com/e/081114/avny.ob10-q.html
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walterc walterc 16 years ago
figures are out
http://biz.yahoo.com/prnews/081017/ny39958.html?.v=1
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walterc walterc 16 years ago
figures are out
http://biz.yahoo.com/prnews/081017/ny39958.html?.v=1
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walterc walterc 16 years ago
figures are out
http://biz.yahoo.com/prnews/081017/ny39958.html?.v=1
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SteveSchiets SteveSchiets 16 years ago
Thanks Walter
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walterc walterc 16 years ago
approx 6,5 millon usd

should be at least 5 times higher
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SteveSchiets SteveSchiets 16 years ago
Walter, what's the marketcap here? Thx
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