AVEW Holdings Inc. (AVEW)

[cottonmather]

It says in the statement you posted, expect within 60 days of the announced letter of intent. This link, dated May 12, announces the letter of intent: http://ih.advfn.com/p.php?pid=nmona&cb=1215552566&article=26257300&symbol=NB%5EAVWI

July 11 would be 60 calender days.

intent is a rather vague and ambiguous expression. Here is a definition as posed in the noun context: in·tent - noun

1. an act or instance of intending
2. something intended; specif.,
a. a purpose; object; aim
b. meaning or import
3. (Law) one's mental attitude, including purpose, will, determination, etc., at the time of doing an act

Good luck