Avalon Capital Holdings (fka AVLC)

[joelegs]

AVAL $0.10 $0 (%0)

BEVERLY HILLS, Calif.--(BUSINESS WIRE)--

Avalon Capital Holdings Corporation (OTC: AVAL) disclosed today that it is in the final stages of acquiring the assets of Master Capital Group, formerly a U.S. based Futures Commission Merchant with proprietary trading technology. The acquisition of Master Capital Group's assets is currently pending shareholder approval.

Dr. Vladimir Karpenkov, CEO of Avalon Capital Holdings Corporation, stated, "The acquisition of the assets of Master Capital Group will increase our technology offering to financial companies in the Retail FX market and provide additional sources of revenue."

About Avalon Capital Holdings Corporation