Tuesday, May 18, 2010 10:55:36 AM
And if one bothers to really read the documents they filed, one will find that AVEW;
1) Increased the Authorized Shares from 1,000,000,000 to 5,000,000,000 via an amendment to the Articles of Incorporation.
2) The vote to approve Item #1 was 75% in favor or 216,000,000 shares voted in favor. If 216,000,000 shares are 75% of the Outstanding Shares, then by simple math there are now a total as of the filing 288,000,000 Common shares outstanding, far more than the 54,000,000 shares previously. Also... it appears that the holders of the Preferred A Shares were the ONLY ones voting as they control 75% of the voting shares. No other common shareholder had the opportunity to vote (Wouldn't have done any good anyway)
3. Tony 'The Tiger' Lopez, a director of the company gets paid $2,000 a month in shares.... yet holds NO common shares. Also, AVEW and Tony have NOT filed Form 3's with the SEC covering these shares as required by SEC rules.
There's also a lot more highly questionable items in the filings.
"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"
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