Avatar Ventures Corp (ATAR)

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http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=19135

AVATAR VENTURES CORP. ENLISTS STOCKVEST.COM TO PROVIDE INVESTOR
RELATIONS SERVICES AND PROVIDES CORPORATE UPDATE.

February 19, 2016, Carson City, Nevada. Avatar Ventures Corp. (OTCPINK:ATAR)


Avatar Ventures Corp. (AVATAR) wishes to announce the results of a Board of Directors and
Shareholders meeting held on February 12, 2016. As a result of the meeting, AVATAR has
approve the following actions,
a/ To appoint Michael Morrison, currently a Director, as Treasurer of the Company
b/ To increase the authorized share structure from the current 75,000,000 shares to
190,000,000 shares and in addition 10,000,000 blank check preferred shares
c/ To enlist STOCKVEST.com as the Company’s Investor Relations Provider, and
d/ To, upon successful completion of the increase in the authorized shares, 1/ to compensate
Michael Morrison 1,500,000 restricted common shares at $0.015 a share in lieu of cash for a
year of service as Treasurer, and, 2/ to compensate STOCKVEST 1,875,000 restricted shares
at $0.015 in lieu of cash for investor relations services. STOCKVEST also has a non dilution
clause in the contract, stating that they will maintain the current percentage ratio of shares
(2.5%). After a year from the signed contract date AVATAR will further compensate
STOCKVEST accordingly with common stock to maintain the aforementioned ratio.
STOCKVEST will commence upon receiving their shares.
Edward Minnema, President and CEO of Avatar states that the prior share structure would
leave the company in a “stranglehold” with no room to maneuver in respect to moving forward
and looking to funding opportunities. Also, with the assistance of STOCKVEST we feel the
Company will become more visible to the investing public and the public at large.
ABOUT STOCKVEST
StockVest is a full service financial communications and investor relations firm. The StockVest
Newsletter along with StockVest.com, a premier internet destination for investors seeking
information on emerging high growth investment opportunities, introduces publicly traded
companies to a wide audience of investors from around the globe and helps public companies
attain maximum market awareness resulting in increased trading volume, a broadened
shareholder base and increased share valuations.
ABOUT AVATAR
AVATAR is a company looking to enhance shareholder value through acquisitions and or a
merger. AVATAR does however have an agreement with AutoArt Color Solutions of Oakville,
Ontario, Canada, and over the last while has been developing and testing unique tshirt
products. AVATAR has the right to develop any product and sell worldwide. AVATAR also has
the right to use, promote, distribute and sell products developed by AutoART in Jamaica.