The Gross Mismanagement of Avalon Holdings Corporation (AWX):

1. What is the difference between Enron Ron and Ron Klingle?
2. How is Mr. Klingle different from Bernie Madoff?
3. Is AWX a publicly traded stock?—Then why does Mr. Klingle control 100%?
4. Mr. Klingle has done nothing to increase the shareholders’ value.
5. Avalon Holdings Corporation is run by Mr. Klingle and his cronies.
6. Mr. Klingle is a self-centered, narcissistic, financial sadist.
7. The shareholders bought the AWX stock with good faith.
8. Over the past 12 years, the total time spent at the annual meetings was approximately 156 minutes.
9. Mr. Klingle has spent $8 million in upgrades for Avalon Golf Course; $10 million for Squaw Creek; and $12 million for Sharon Golf Course.
10. Mr. Klingle and Mr. Darrell Wilson, two business partners, raised $60 million through Goldman Sachs and offered six million shares of American Waste Services Class A stock in October 1990.
11. Each shareholder who invested $10 in October 1990 received a cash payment of $4 per share as well as one share of the new stock, Avalon Holdings (AWX), for each eight shares of AW. This figure equates to approximately $4.50 per share for shareholders who invested $10 per share in the company.
12. I have been the only “outsider” that attended the majority of the annual shareholders’ meetings.
13. The main reason I purchased AWX was because a number of major investors and companies invested in this company, and I saw $20 million cold cash sitting there.


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