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AvStar Aviation Group, Inc. (AAVG)

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Last Post: 4/9/2014 9:44:08 PM - Followers: 220 - Board type: Free - Posts Today: 0



Only 500M Authorized Shares 

15-12G Filed January 22 2014
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=971987

http://www.avstarinc.com/



AAVG Security Details
Share Structure
Market Value1 $1,500,000 a/o May 07, 2013
Shares Outstanding 500,000,000 a/o May 07, 2013
Float 442,546,722 a/o May 07, 2013
Authorized Shares 500,000,000 a/o May 07, 2013
http://www.otcmarkets.com/stock/AAVG/company-info 



AvStar Aviation Services, Inc.--50 M 21.16%
Ivy (Russell)-------------------19.1 M 8.08%
La Jolla IPO, Inc.---------------6 M 2.54%
Wilson (Robert)------------------1.5 M 0.63%
Schulle (Henry A)--------------100,000 0.04%
Short (James A)----------------100,000 0.04%
             






Nov 20, 2013 (BUSINESS WIRE) -- On the Move Systems Corp. (OTCBB: OMVS), a fast-growing provider of online transportation services, signed a letter of intent today to partner with AvStar Aviation Services, Inc. (OTCBB: AAVG), an aviation company, looking to roll up a series of fixed-base operators (FBOs) across the country.

FBOs are crucial to the success of the booming private aviation industry. They are found at most private airfields and provide aircraft- and travel-related services for jets and other craft, including fuel sales, hanger and tie-down services, hotel and car rental services, travel and flight planning and restocking and clean up services.

"FBOs are currently a $4-5 billion industry, with approximately 5,200 operating in the U.S. alone," said OMVS CEO Robert Wilson. "AvStar knows this business well, and a potential partnership with them could prove a highly lucrative move for our company and our investors."

Through its cutting-edge online transportation portal now in development, OMVS plans to offer business and leisure travelers the comfort and convenience of private air travel to any destination without the prohibitive costs associated with buying, insuring and maintaining an aircraft.

In recent weeks, the company's executive leadership has opened talks with several transportation companies regarding possible partnerships and acquisitions. By developing new and better solutions for business travelers, OMVS plans to compete in the online travel market alongside larger firms such as Priceline.com (NASDAQ: PCLN), TripAdvisor.com (NASDAQ: TRIP) and Expedia.com.



 OOn the Move Systems Corp.-

OMVS is the first company of our kind that actually is a private charter service-
OMVS plans to compete in the online travel market alongside larger firms such as Priceline.com (NASDAQ: PCLN), TripAdvisor.com (NASDAQ: TRIP) and Expedia.com.

                                 NEWS EXPECTED



 


Business Strategy


  • Focus on underserved business jet and turboprop segment - Frequent and Sophisticated users (average 400 gallon uplift) -     Underserved by big chains

 

  • Target smaller airports that this market segment uses - Addison (ADS) instead of Dallas (DFW) - Houston Hobby (HOU) instead     of Houston International (IAH)

 

  • Utilize rigorous site selection methodology to ensure that the acquisitions are successful

 

  • Improve operations with the strategic use of technology

 

  • Leverage economies of scale and buying power - Estimated fuel savings of 15-20% - Y1 margin improvement 15%, Y3 margin     improvement 30%

 

  • Build the dominant new brand in FBO management

 

 

Acquisition Strategy


  • Analyze traffic trends at 500+ airports across U.S.
  • - Year-over-Year vs. Quarter-over-Quarter
         - Growth over time
         - Consistency
         - Opportunities at 72 airports



 




MANAGEMENT

HENRY A. SCHULLE

 Mr. Schulle has served as one of our directors and our 
Vice President and Secretary since February 2009. Mr. Schulle has served as 
AvStar Services' Vice President and a member of AvStar Services' Board of 
Directors since July 2006; from July 2006 until January 2008 he also served as 
AvStar Services' President and Chairman of the Board of Directors. Since 
January 8, 2004 he has served as Chairman of the Board of Directors and a 
principal of Martex Trading Company, a privately held company active in the oil 
and gas industry as well as real estate investments and development. Martex 
Trading Company was the controlling member of Aurora Financial Services, LLC, a 
FINRA-registered broker dealer that has acted as a placement agent for AvStar 
Services. From December 2003 until July 2004 Mr. Schulle served as a member of 
the Board of Directors of TexCom, Inc. (Pink Sheets: TEXC). AvStar Services 
acquired San Diego Airmotive from TexCom, Inc. From January 1997 to November 
2003, he was President and a Director of Texas Commercial Resources, Inc. (Pink 
Sheets: TCRI) from its inception as a privately held company that merged with 
EZUtilities in 2001. Mr. Schulle continued as an officer and director of Texas 
Commercial Resources, Inc. through its subsequent successful combination with 
Petrosearch Energy Corporation (OTCBB: PTSG), a Houston based energy company. 
He served as Chairman of the Board of Unicorp, Inc., which was quoted on the OTC 
Bulletin Board from November 1991 until January 1998. Mr. Schulle negotiated the 
merger of Unicorp, Inc. with United States Refining Company, a diversified, 
vertically integrated petroleum refining and petrochemical company that was 
acquired by Houston American Energy Corp. in April 2001. From January 1998 to 
July 2004, Mr. Schulle was employed by Dell Computer Corporation as a database 
support specialist working on international assignments. 

JAMES H. SHORT

 Mr. Short has served as one of our directors since 
February 2009. He has been a member of AvStar Services' Board of Directors 
since July 2006. Since December 2003 he has served as a member of the Board of 
Directors of TexCom, Inc. (Pink Sheets: TEXC). AvStar Services acquired San 
Diego Airmotive from TexCom, Inc. He also served as a member of the Board of 
Directors of Texas Commercial Resources, Inc. (Pink Sheets: TCRI) from 2001 
until 2003. Mr. Short is currently a principal and Vice president of Finance & 
Administration for Sabine Storage & Operations, Inc., an engineering and a 
consulting firm specializing in the design, engineering, permitting, 
construction management, and operations of hydrocarbon storage facilities in 
subsurface salt dome formations. In addition, he is a principal and Vice 
President of Marketing for Sabine Resources, Inc., a surface and mineral owner 
of property having hydrocarbon storage potential in a salt dome formation. Mr. 
Short was previously associated with Energy Consultants, Inc., a natural gas 
marketing entity serving municipalities in South Illinois and Indiana, on an 
independent contractor basis, from 1984 until 2001.From 1979 to 1984, he was 
Senior Vice President and a director of Coronado Transmission Company with 
responsibilities for gas acquisition, transportation, and sales throughout the 
Southern States and Rocky Mountain area. Mr. Short served as Vice President of 
Corporate Planning and Vice President of Gas Supply, Transportation and Sales of 
Lovaca Gathering Company from 1972 to 1979. He was an employee of Cities Service 
Oil Company from 1966 to 1972. Mr. Short holds a B.S. degree from the 
University of Tennessee 

ROBERT WILSON

 Mr. Wilson has served as our Vice President and Chief 
Financial Officer since April 2008. He has also served as AvStar Services' Vice 
President and Chief Financial Officer since July 2004. Mr. Wilson also serves 
as the Chief Financial Officer and Operations Principal for several broker 
dealers and investment banking firms where his duties include compliance with 
FINRA, SEC and NYSE rules and regulations, the design and implementation of 
accounting and operations control procedures, representing firms as an expert 
witness and with FINRA examinations. He currently serves as a director and audit 
committee chairman for American Security Resources, Inc. and American Enterprise 
Development Corporation and as a consultant with The Professional Directors 
Institute. Mr. Wilson is a CPA and has over 15 years of experience as the owner 
of a certified public accounting firm, was previously a member of the FINRA 
Board of Arbitrators and has several FINRA and NYSE licenses. Mr. Wilson has 
previously served as operations compliance manager of the AIM Management Group, 
Vice President Compliance/Internal Audit of the Kemper Securities Group and an 
auditor with Price Waterhouse. Mr. Wilson is a 1977 graduate of Houston Baptist 
University and pursued additional studies at Georgetown University. 

Our Board of Directors has three members. Each director serves a one-year 
term that expires at the following annual meeting of stockholders. Executive 
officers are appointed by the Board of Directors and serve until their 
successors are appointed. There are no family relationships among our directors 
or executive officers.


                                                     AAVG DD Postings n StockTradersTalk RADIO Link:                                              AAVG - Daily Candlesticks     

         
         


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AAVG
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PostSubject
#37164   Your fortunate then. Lol The Cardiac Kid 04/09/14 09:44:08 PM
#37163   My average is 3 if I must I'll money6870 04/09/14 09:42:54 PM
#37162   Dead company here bro. Welcome to the rest The Cardiac Kid 04/09/14 09:38:25 PM
#37161   HEY MONEY,i don't come looking everyday,just so busy bmoser412 04/08/14 02:57:56 PM
#37159   Just waiting for the next pump group to money6870 04/02/14 05:34:52 PM
#37158   I'm getting fed up here also. Nobody in money6870 04/02/14 02:57:51 PM
#37157   I grabbed some 5's a few weeks ago badams 04/02/14 02:54:01 PM
#37156   Need to hear something, stalemate going on, nobody money6870 04/02/14 02:35:09 PM
#37155   This should be a reverse merger coming...I'm trying EmptyBones 04/02/14 11:15:34 AM
#37154   I gave up penny stocks after I left peorge 04/02/14 08:43:54 AM
#37153   news i bet soon. Walking up slowly... EmptyBones 03/31/14 01:51:40 AM
#37152   Please keep us posted. JimmyCrickets 03/29/14 11:19:22 AM
#37150   This is a dead play imo. Why would FloatCleaver 03/28/14 07:59:57 PM
#37149   still long on aavg? cureautismnow 03/28/14 07:35:00 PM
#37148   The word is LOL. This wont run anywhere. FloatCleaver 03/28/14 06:55:16 PM
#37147   Sounds good. The word is Reverse merger... This EmptyBones 03/28/14 03:09:29 PM
#37146   I've put emails to all at AAVG, will money6870 03/27/14 09:56:25 PM
#37145   Volume will come soon... EmptyBones 03/27/14 09:32:06 PM
#37144   i just think it's worth having a few Magnusson 03/26/14 11:22:18 PM
#37143   Needs volume. The Cardiac Kid 03/26/14 11:11:30 PM
#37142   Yup The Cardiac Kid 03/26/14 11:11:21 PM
#37141   NEW YORK, March 26 (Reuters) - OTC Markets, money6870 03/26/14 09:47:43 PM
#37140   tiny ss... Magnusson 03/25/14 07:35:13 PM
#37139   lol I'm loading. This shell will be taken EmptyBones 03/25/14 04:02:48 PM
#37138   I think their is a reason for this riviera 03/25/14 03:56:02 PM
#37137   Make total sense.... EmptyBones 03/25/14 02:06:40 PM
#37136   I like a Merger idea. Good share structure. JimmyCrickets 03/24/14 10:55:09 AM
#37135   Doesn't work like that. P/R must be coming.. EmptyBones 03/24/14 09:26:00 AM
#37134   When they announce a shareholder meeting? Anything integral 03/24/14 09:19:10 AM
#37133   When they announce it price will double.. Enjoy EmptyBones 03/24/14 09:15:31 AM
#37132   Have not seen a call for a shareholder integral 03/24/14 08:59:54 AM
#37131   yes it is... EmptyBones 03/23/14 11:21:36 PM
#37130   Yes, I think it was at 36 mil. teekay 03/21/14 06:22:06 PM
#37129   Is that bid support at 3 still there? tr11 03/21/14 02:04:26 PM
#37128   With who? money6870 03/20/14 03:00:56 PM
#37127   I heard merger possible... EmptyBones 03/20/14 09:45:55 AM
#37126   Av stars tells me the same thing Skelator Magnusson 03/20/14 01:09:43 AM
#37125   Skelator still believes the stars are telling me Skelator 03/19/14 04:29:56 PM
#37124   something is up here watching from sidelines GreenpandaXO 03/19/14 09:54:38 AM
#37123   Seriously.. that would be nice and is long badams 03/18/14 10:56:58 PM
#37122   DANG--will we EVER get an UPDATE????? getmoreshares 03/18/14 07:09:16 PM
#37121   AAVG getting active again... Magnusson 03/18/14 07:00:54 PM
#37120   Nibble nibble... badams 03/18/14 02:37:20 PM
#37119   AAVG .0005 going $treet Trader 03/18/14 02:36:03 PM
#37118   AAVG .0005 $treet Trader 03/18/14 02:24:12 PM
#37117   lol something is brewing here... EmptyBones 03/17/14 10:43:24 AM
#37116   With the largest bid support ever for AAVG badams 03/12/14 04:27:16 PM
#37115   $48,000 dollars worth. Does someone know something? JimmyCrickets 03/12/14 03:13:19 PM
#37114   Yes, that's what that means. monda2frida 03/12/14 03:05:45 PM
#37113   160 million in bid support at .0003? tr11 03/12/14 03:04:01 PM
PostSubject