Aventura Equities Announces Expanded Corporate Direction and Opportunities
February 13 2014 - 4:48PM
Marketwired
Aventura Equities Announces Expanded Corporate Direction and
Opportunities
GEORGETOWN, SC--(Marketwired - Feb 13, 2014) - Aventura
Equities, Inc.'s (OTC Pink: AVNE) board of directors has announced
that it is going to aggressively seek merger and joint venture
partners in a number of business sectors where exciting growth
opportunities exist. Richard Armstrong, Chief Executive Officer and
director of the Company, stated, "We have been approached by
several companies concerning opportunities that we must seriously
address and evaluate. Shareholders deserve an opportunity to
participate in developing and growing markets that we may have been
recently exposed to and we believe may finally give the Company the
gravitas it deserves."
The Company has been in discussions since June 2013 with several
companies and the boards of directors continue to evaluate the
prospects and the ultimate benefits to be derived for the Company
shareholders.
As part of the change in direction planned by the board of
directors, the Company has also dissolved the joint venture
agreement previously announced, between its subsidiary Renewed
World Energies and US Fuel Corporation. "The joint venture
agreement never progressed satisfactorily and we believe it is in
the best interest of the Company to not devote economic or human
resources to this endeavor at this time," commented Mr.
Armstrong.
Disclaimer: Forward Looking Statements
This release contains statements relating to future results
which are forward-looking statements. These statements are not
historical facts and are not guaranteed, but instead represent only
the good faith belief of AVNE management as of the date of this
release. Future events are by their nature inherently
uncertain and outside of AVNE's control. It is possible that AVNE's
actual results and financial condition may differ, possibly
materially, from the anticipated results and financial condition
indicated in these forward-looking statements. Forward-looking
statements in this release are made pursuant to the safe harbor
provisions of securities laws in force as of the date of this
release. AVNE does do not undertake any obligation to publicly
update or correct any forward-looking statements to reflect events
or circumstances that subsequently occur or of which we hereafter
become aware.
Contact: Richard Armstrong Chief Executive Officer 803-230-8487
ricka@rwenergies.com www.rwenergies.com
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