AVEW Holdings Inc. (AVEW)

[algonquin]

So we know for a fact that AVEW has a home building subsidiary and has a signed contract with D2 to build 200 houses. If not then we're just putting our hard earned money into a glorified pool contractor.
I'm sorry but this is beginning to look like a lot of other penny scams I've been involved with. All of a sudden they have to do a R/S for the good of the company and after it happens the news comes out that they're really sorry but the building project didn't work out. And the price per share drops back close to where it was before the spit and everybody is effectively wiped out except of course for the principles. All of this and the fact that Steele more or less lied to us about the R/S gives me a very bad feeling. I got into this in the spring of 2011 and have already lost a lot of money on it. I had written this off years ago but stumbled on the board and decided to give it another try but i think the current news is a disaster waiting to happen. Best of luck to you all.