Aventura Equities Announces Capital Structure Changes Including a Forward Stock Split
February 18 2014 - 2:33PM
Marketwired
Aventura Equities Announces Capital Structure Changes Including a
Forward Stock Split
GEORGETOWN, SC--(Marketwired - Feb 18, 2014) - Aventura
Equities, Inc.'s (OTC Pink: AVNE) board of directors has announced
that as part of its previously announced "change in corporate
direction," that it has approved a change in capital structure of
the Company.
The Company's board of directors has approved a forward split of
the common shares of the Company. As part of the approval the
Company will increase their authorized shares to 750,000,000
shares. The forward split will be nine (9) shares of common shares
for every one currently held. These changes and the actual date of
distribution will be subject to acceptance by the Secretary of
State of Florida and FINRA which will be filed this week.
"We believe that this action will create more liquidity for our
shareholders and the Company will have better opportunities
presented as a result of these actions," stated Mr. Richard
Armstrong, Chief Executive Officer and director of the Company. Mr.
Armstrong went on to say, "We are excited with the opportunities
that have been presented and we believe that our current direction
will greatly enhance shareholder value, which of course has always
been our goal."
The Company will promptly inform the public when it receives the
effective dates of the split from FINRA.
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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