Aventura Equities Inc (AVNE)

[LGL8054]

I hope that we are not jumping the gun, This company has a mess to straighten out and they are not very happy with Ellis because thing are not what Ellis told them and this could take some time to bring the reporting up to date before the transfer can take place. This could take several months.
after all of that, they will need to file for the BDC Registration requirements. I would expect timing should be Oct. Nov. if everything go right. As you know the SEC can take forever. I am hopping they won't sue Ellis, that could take years that we would be holding the bag.

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""We have acquired our interest from Mr. Mark Ellis, and in the immediate future plan to bring the Company current in its reporting
requirements. The Company also has issues with the SEC with which we are in discussions to correct and deficiencies.

We expect to change Winsted from a "Business Development Company" to a holding company format. The BDC registration requires
additional reporting requirements that are expensive from the company's perspective.""