Aventura Equities Inc (AVNE)

[power_forward]

.066 down 80% so far lol

[Smeagle]

down to 0.066

[Smeagle]

Yep. first trade at 0.10

[lucky, mydog]

here we go.

[lucky, mydog]

Today's the "BIG" day ,AVNE trades

maybe. sometimes it takes awhile for buyers and sellers to agree. sometimes days.

[ok husband]

SOUNDS LIKE A VERY CONVOLUTED MESS

[TEFFY]

Today's the "BIG" day ,AVNE trades......... 0.04 close?

I hope not 0.04 fer traders in but the greys is a whole nodder ball game

Is what it is and I guess we will all see the outcome very soon ,

the money being lost these days with the SEC/FINRA stepping in is just sick ,

makes me sick fer sure.

[Highwaybiker]

When this stock came out I said buying now would be a mistake we do not know what it is. Now we do and buy when everyone else is selling. sell when everyone else is buying.

SK3 owns the Co from a stock swap.
SK3 merge with AEGY that SK3 owns anyway.
AVNE from the stock swap gets: Aventura receiving the rights to the intellectual property in the proprietary technology, processes, formulations, and marks of Berkeley Bio that have already been developed,

So SK3 owns all the stuff anyway, meaning it can figure who gets how much money from what.
If SK3 thinks having AVNE showing income from proprietary technology, processes, formulations, and marks of Berkeley Bio that have already been developed, then the stock has value. If SK3 says no value thetre then why the foward split and ticker?
on sale. Buy when when everyone else is selling.

[traderbaiter]

The question is whose gonna buy at any price?

[EmptyBones]

Thinking .10 to .15....

[power_forward]

.03 to .05 at the open

[sin vester]

Any guesses on what the opening may be?

[zomniac]

Will trade tomorrow as a gray sheet.
"The Securities and Exchange Commission ("Commission") announced the temporary
suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange
Act"), of trading in the securities of Aventura Equities, Inc. ("Aventura") commencing at 9:30
a.m. EST on March 5, 2014, and terminating at 11:59 p.m. EDT on March 18, 2014. "

[Smeagle]

Today's the 18th, no movement yet. Anybody have word as to what is happening?

[TenKay]

Working on what? A litigation defense?

[EmptyBones]

I saw a post That the owner has a lawyer working on it..Who knows. Hope it works out for you..

[TenKay]

The SEC should turn the lights off in this obvious share selling, reverse splitting scam

In effect, that is exactly what they did.

[25 Kilos of Gold]

The SEC should turn the lights off in this obvious share selling, reverse splitting scam. This is the type company gives the entire market a bad name. If they were smart they would be shorting their own stock.

[ok husband]

"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."

how many of these has avne had? over the years 3 or 4 ?


Aventura Equities Announces Capital Structure Changes Including a Forward Stock Split
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Aventura Equities, Inc. (USOTC:AVNE)
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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
can you say stupid?
"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."
look at the repeat offender avne
Security Notes
Capital Change=shs decreased by 1 for 1500 split. Pay date=06/23/2005.
Capital Change=shs decreased by 1 for 250 split. Pay date=08/18/2003.
Capital Change=shs increased by 16 for 1 split. Ex-date=05/07/2001. Rec date=04/30/2001. Pay date=04/30/2001.
Capital Change=shs decreased by 1 for 250 split. Effective date=8-17-04
Capital Change=shs decreased by 1 for 1000 split. Effective date=12-1-04
Capital Change=shs decreased by 1 for 1000 split. Effective date=3-7-05
Capital Change=shs decreased by 1 for 1250 split Pay date=01/26/2006.
Note=Trading temporarily suspended by the SEC pursuant to Section 12(k) of the Securities and Exchange Act of 1934 from 9:30 AM EST on 03/05/2014 through 11:59 PM EST on 03/18/2014.
Capital Change=shs decreased by 1 for 7500 split, Fractional shs rounded up to nearest 100 round-lot shs. Pay date=11/03/2008.

[EmptyBones]

Should be interesting soon... GL

[ok husband]

"But forward splits are common" i don't find them common at all but the few i have seen have been dealt with by the sec by kicking them to the grey sheets. i was in avne before they reverse split so i have been here quite awhile. they should not have reverse split imo. they said they did the reverse split so that they could get a better quality shareholder/ and a better market place / uplist yadda yadda , and now they want to forward split because they didn't get the traction and the quality buyers of the stock because they are too expensive for most investors buying .0001 stocks. when they p rd they were going into the mmj business their was no rally. one mistake after the other in my opinion put them like a deer in the headlights of the sec for suspension among other things.

[EmptyBones]

I own a small share here. Pocket money. But forward splits are common. Alot feel SKTO is the problem some how. We will have to wait to see the out come. GL

[ok husband]

avne was not actually in the algae business were they? they were in the organic canned spinach a while back too. did the spinach mold and create algae in which they could fuel their 3 stooges pea brain to do a forward split so they could cure cancer with cannabis oil too? woo woo woo knock knock!!
funny how the insider silence is deafening, no explanation, no highering of top notch sec attornies to fight for their worthy cause.

[traderbaiter]

Yep once a scam always a scam lol tried algae before.

[yaboy520]

So the CEO tried to ride the MJ wave and ended up screwing the whole company LMAO

[janice shell]

What a truly absurd idea.

[Commander Pennystock]

You have it completely backwards.

[ok husband]

anyone who does an r/s then a forward split come on !! the sec has told everyone these forward splits are all scams and they hurt the market makers who are short. they cannot produce the other 9 shares and the sec is more interested in protecting the market makers than a scam co. and to hell with the existing shareholders. any ceo that doesn't see this in 2014 is crazy and has had his head in a hole like an ostrich !!!he put a gun in his mouth when he announced a forward split. reverse splits are admired b/c market makers can easily hide their fails and can cover with more ease, if they absolutely have to.

[ok husband]

how can a moron ceo plead its case in front of the all knowing attys at the sec that only make $40k per year, and are under 40 years old with no experience at all in the stock market? it is like two stooges wooing wooing knock knack !! wwooo wooo wooo yikes got it?

[janice shell]

the new law says that there will be no more shorting starting march 14th even by market makers or was it no more stock borrowing to go short by market makers?

No, it does not.

[integral]

With that risky 211, comes an increase in the firms insurance and a $50,000 fine for every violation. Kinda makes for a tough day for a trader who has to swallow that pill. If you have an MM, who is willing at an SJO of a firm, the SJO owner gets the fine, not the primary, secondly, they will pass it off on to the trader. What a way to put a small SJO out of business really fast. Who wants to work for free to work off that $50,000 fine? Not worth it, many easier low hanging fruit to earn a decent living as a trader, especially when NITE is paying for the order flow. The only way to make money is to have a convertible debenture converting through your firm, and you do a lot of dumping. But then you risk unregistered securities and a suspension.

Why?

[25 Kilos of Gold]

Will they still have that 9 for 1 forward split if this trades again. It will open at 10 cents or less the day they let it trade again. I would be surprised if they would drop the price to a penny with the forward split. That would be insane.

[EmptyBones]

lol...GL

[risk on]

What? Lol, uh no, I did not. But, I have been in a shut down, bout a year ago. I just set a limit and hoped when it went grays, and it filled. Mentally wrote it off, ckd 60 days later and saw the cash in my ETRADE account , granted it was a whole lot less than when it went gray to start w .

[EmptyBones]

I know you owned some here. GL

[risk on]

It's not easy to see shut down symbols, but accepting the reality, then just hoping to get something out of the grays, is about all any can do. The SEC won't reverse the call, there's no instant replay in the OTC, but there's plenty of Red flags.

[EmptyBones]

GL...

[CGardener]

that's your explanation of what was incorrect about my post? nice.

[CGardener]

what's "wrong"? the 10 days will come and go, as always happens. it's impossible to shorten or lengthen the time, no matter what the company does. the future is grey, or worse if the SEC decides it's worth the effort.

[CGardener]

and your support for this is what? did you get a different response from the Brazilian treasury? I took the time to send them the actual docs filed as exhibits to the 8-K, so I wasn't asking for a theoretical answer. what have you done to show that the bond is real?

[CGardener]

"pleading his case" to whom? one of the biggest myths of the suspension process is that ther is some dialogue between the company and the SEC, and the SEC can somehow be convinced to change its mind.

[CGardener]

the only way to get off the greys is to get a sponsoring broker to file a new 211 with FINRA on behalf of the company and make additional certifications to FINRA so as to get FINRA approval. good luck with that.

[tdbowieknife]

No... The SEC has already seen enough detail to suspend. These suspensions all play out pretty much the same.

[tdbowieknife]

I know that will not happen...

[lucky, mydog]

CEO is pleading his case and should get reversed....

that doesn't happen. ever. and it won't happen here. everyone always thinks their suspended scam is different. they never are.

[EmptyBones]

I have a feeling that AVNE might be the rare case that gets removed from the greys very quickly when the SEC finds out that all of the details.

I have looked at the financials and they are golden. Compared to the others involved... IMO

[Rawnoc]

Has that ever happened?

[EmptyBones]

Me to. But I'm sure CEO is pleading his case and should get reversed....

[votrade]

I will get in after the suspension is lifted and pps is very LOW.

[tdbowieknife]

Doesn't even apply to penny stocks.

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