AVEW HOLDINGS INC Given FINRA Approval for Stock Restructure
(firmenpresse) - AUSTIN, TX -- (Marketwired) -- 08/04/15 -- AVEW HOLDINGS INC. (OTC PINK: AVEW) today announced a successful stock restructure with a 1 to 300 reverse stock split. The Financial Industry Regulatory Authorization, Inc. (FINRA) approved the 1 to 300 stock split and approved a corporation name change from Action View International into AVEW Holdings Inc.
The OTC markets will display AVEW Holdings Inc. call letter AVEWD for 20 business days and then revert back to AVEW. FINRA is a private corporation that acts as a self-regulatory organization and is the successor to the National Association of Securities Dealers, Inc. (NASD). It is a non-governmental organization that regulates member brokerage firms exchange markets.
This critical step in AVEW allows the company to further meet OTC:QB filing requirements and will enable the equity markets to raise capital for AVEW's acquisitions and fund AVEW's rapid growth.
AVEW Holdings Inc.'s previous two years financial audits are ongoing and expected to be completed in the month of August. AVEW is also in the process of completing an S1 registration to file as an additional requirement for an OTC:QB up listing from OTC:PINK.
Mr. Jay Ling, President, stated, "This FINRA approval is yet another step in AVEW's growth and business model. We are very pleased in achieving so much in such a short time and look forward to delivering positive and significant growth to share value for our stockholders each and every year."
During this tedious process, AVEW HOLDINGS INC. has enjoyed a rapid growth in revenues and is expecting two to three commercial pool projects in excess of $1.5 million to start in the fourth quarter of 2015 or early 2016.
AVEW Holdings Inc. is a collection of companies in different disciplines operating under a publicly held AVEW Holdings Inc. This gives strength and integrity to each division to weather our recessions, downturns, etc. in the economy. The companies of AVEW combined have a wealth of knowledge and experience along with the opportunity to consult with one another to share ideas and get input from other divisions.
AVEW includes a full service pool, spa and landscape design and construction company. New Generation Pools is a custom pool design and construction company that has won national and regional pool construction and design awards. Fantastic Pool Services is a maintenance and pool repair company doing business in Central Texas. Pegasus Construction Company is a residential remodel and new Construction Company servicing Central Texas. Pegasus also designs and installs landscaping and outdoor living kitchens, fireplaces, cabanas, and decks. Kustom Fence and Construction Company is a custom fence designer and builder serving the Hill Country. Tarragon Homes and Milagro Homes are full custom and production home building and development companies. AVEW Real Estate Development Company will be involved in commercial mixed-use development.
An AVEW caution that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
AVEW Holdings Inc.
Shareholder Relations
512-436-9496
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Datum: 04.08.2015 - 12:00 Uhr
Sprache: Deutsch
News-ID 411272
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AUSTIN, TX
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