Avitar, Inc. (AVTI)

[k_trader]

Wrong again, there is no mention of transfer of debt, only transfer of assets, nice try tho!

Who in their right mind would pay $175,000 to buy $6,815,000 worth of debt your logic makes no sense!

Item 2.01 Completion of Acquisition or Disposition of Assets.

The sale of assets of the Company’s foam business to Carwild Corp. for gross proceeds of $175,000, as referred to in Item 1.01 above, was closed on August 15, 2008.