New DD for AVIX.....New CEO Joseph Bartel, very interesting new AVIX CEO.....His companies name is Elliot Watson. Here's some background info on AVIX new CEO. Another reason why I like AVIX so much is because it looks like some big money players took over AVIX shell. Also, Bartel did a deal that made 8 million dollars profit. AVIX has 47 million shares OS. If Joseph Bartel puts just one of these type deals into AVIX and earns an 8 million dollar profit that would be earnings of 15 cents a share. That would put AVIX trading in the $1.50-$2.00 per share range at 10-15 times earnings. Huge upside on this deal thanks for bringing it to my attention.
Posted on: Sunday, 3 September 2006, 09:00 CDT
By Brian Neill, The Bradenton Herald, Fla.
Sep. 3--Joseph Bartel describes himself as a serial entrepreneur.
The 28-year-old Sarasota resident has dabbled in everything from real estate to a new product he said will revolutionize the plastics industry. He won't say what it is until he gets the idea patented.
Bartel operates under a limited liability corporation called Elliot Watson Companies LLC.
Then I found this about Joseph Bartel's Elliot Watson, they did a real estate deal and made 8 million dollars profit on it.
"I wish to purchase the property from the condominium association," Joseph E. Bartel wrote in a letter to the city's chief planner David Hilston dated Dec. 8. Bartel's group is considering re-developing the property with 30 condominium units.
Bartel described himself as the founder of Sarasota-based Elliot Watson Co. He also said his firm spoke to representatives of the condominium's management.
Featured Properties
The following is a list of some of our projects:
Tranquility at Rock Dove Court Punta Gorda, Florida
J. Cohen Group, in partnership with Elliot Watson Ventures, developed Tranquility at Rock Dove Court, a luxury waterfront residential condominium community in the prestigious Punta Gorda Isles neighborhood. After completing the design and entitlement process for the project, including receiving permits for boat slips, we sold the site to another developer for a significant profit. J. Cohen Group secured a 780% return on its investment.
He now runs J. Cohen Group, a real estate development, investment, and project management company. He is also a partner in Elliot Watson Ventures, a real estate development company.
Developed Rock Dove Court, 18-unit luxury waterfront condominium in upscale Punta Gorda Isles, FL. Sold the $9.2 million project to another builder, earning a 780% return on equity. Sounds like Joseph Bartel's Elliot Watson made an 8 million dollar profit on this deal.
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