Sunday, January 06, 2008 8:57:25 PM
Joined: 21 May 2007
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Location: Scottsdale, AZ
PostPosted: Wed Sep 12, 2007 1:02 pm Reply with quoteBack to top
ABV Gold, Inc. (ABVG.PK) Share Prices Increase 20% As CEO Reports Progress on Corporate Restructuring
Daniel Ryan, President of ABV Gold, announced that the company has made great progress on its restructuring goals. The paperwork submitted at the transfer agency has been finalized and will allow the company to retire 132 million common shares of stock. The management believes that the share retirement is the cornerstone of its plans to maximize shareholder value.
The President of ABV Gold concluded, “We can now proceed with closing some of our previously announced acquisitions as well as a pending acquisition. Our team has been very active in identifying new projects which will bring added value to ABV Gold, Inc. shareholders. As announced in the last conference call we were searching for a marquee project for the company. If everything goes as planned we expect to be able to release acquisition news next week. The closing of this acquisition will be done in conjunction with a planned financing via a preferred share offering.”
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