Avvaa World Health Care Products Inc (AVVH)

[Scuba J]

BCSC review 10/6/2010 from the 2010 AIF

British Columbia Securities Commission Review
On October 6, 2009, the BCSC issued an Order for Production of certain corporate documents of the Company for the purposes of determining compliance by the Company with applicable British Columbia securities laws and in connection with the enforcement of securities laws of another jurisdiction. The Company has delivered two boxes of corporate documents to the BCSC pursuant to the Order for Production. The BCSC has expressed concerns regarding the five debt wrap transactions entered into by the Company in August, 2009. In particular, the BCSC has indicated that certain sales of shares issued in connection with these debt wrap transactions do not appear to have complied with the applicable British Columbia resale restrictions. Any enforcement proceedings taken by the BCSC against the Company in respect of these debt wrap transactions or any other transactions entered into by the Company could have a material adverse affect on the Company and could lead to the Company ceasing its operations.

This appears to be why there is a delay in the CTO revocation.

-Scuba