The Outstanding is only 1.3 Billion. I will post Don's e-mail if he responds.
Todays PR was encouraging; AMER WAY BUSINESS DEVELOP (U-AWBV) - News Release
American Way Business Development Explains: "Short Position"
2006-04-06 09:32 ET - News Release
BOCA RATON, FL -- (MARKET WIRE) -- 04/06/06
http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=121704&ProfileId=051205&am...
The following is a letter/notice to shareholders. This letter is being issued by American Way Business Development. CEO Don Platten reiterated today that anyone currently shorting or planning to short AWBV (OTC: AWBV) stock are doing so at their peril. Entities and/or individuals engaging in this insidious practice will undoubtedly bear the full brunt of every available resource at the company's disposal resulting in potentially adverse consequences to those persons. The small exchanges are plagued by this ludicrous and even perilous frenzy of negative influence and, in Platten's own words "enough is enough."
AWBV serves the growing demand of national and international private companies interested in becoming publicly traded companies on a U.S. stock exchange. AWBV currently has three companies it has acquired and plans to conduct a "corporation launch -- spin off" during the second quarter of 2006. AWBV specializes in the acquisition and sale of small private companies. AWBV then maintains ownership in these companies, normally 20-25%, therefore building value for AWBV as its affiliates continue to grow. Under the guidance of AWBV, companies are given critical guidance and advice about due diligence, valuation analysis, and strategic positioning in negotiations. Ultimately, the company lends strategic support to assist growing enterprises in setting and meeting strategic and financial objectives.
AWBV is on schedule to complete all the acquisitions that it pursued in 2005. AWBV will also be filing two of their companies within thirty days to NASDAQ. In turn, when these acquisitions are approved, we will pay a stock dividend to our loyal shareholders.
"I'm very excited at what is happening with American Way Business and I am totally aware of the frustration of our shareholders. Be patient, be loyal," stated Platten.
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "estimates," "believes," or statements indicating certain acts (such as "may," "could," "should," or "might occur"). Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact:
American-Way Business Development Corp.
Don Platten
561-962-4124
donplatten17@aol.com
http://www.American-Way.biz
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