AVEW Holdings Inc. (AVEW)

[Lex_Luthor]

NOTE 5 - SUBSEQUENT EVENTS

Subsequent to March 31, 2008, the Company reached a settlement under which the Company was ordered to issue 748 million shares of common stock pursuant to Section 3(a)10 of the Securities Act of 1933, as amended. As of May 9, 2008, the Company had issued 100 million of the shares.

Where does it say the 100 million are locked up? I'm doubting it.


On April 29, 2008, the Company executed a Letter of Intent with Jim Palmer Trucking, Inc. (“JPT”), a larger freight trucking company located in Missoula, Montana, pursuant to which the Company agreed that JPT would become the successor issuer for reporting purposes. In connection with the Letter of Intent, the Company agreed to loan JPT $250,000 which will be forgiven at closing or, in the event the merger fails to consummate, will be repaid together with interest accruing at 8% per annum.

This is what Jav does to committ the deal by loaning money to hook them. Now I wonder if the FCCN formula will appear with the loan totally capping at 1 million bucks and the remaining 648 million will be released into the float like AERP. It wouldn't be the 1st time, but it also would not effect the stock pps that much till a few months from IMO.

I wish the fins were Audited vs unaudited. I guess $5k is to much at this time. I like the company, just want to know the deal made. I'll be bidding, well I already am at 2 below. Anybody got some juicy DD to share w/ us???