InvestorsHub Logo
Followers 134
Posts 22331
Boards Moderated 0
Alias Born 10/27/2004

Re: k_trader post# 20067

Thursday, 11/04/2010 11:39:37 AM

Thursday, November 04, 2010 11:39:37 AM

Post# of 26968
Let me help you:

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5840639

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.



Carwild does not own AVTI, they bought AVTI's foam business for $175k on August 15th, 2008, and did not assume any of AVTI's convertible debt.

The 8-k is very clear. Lengthy, but clear.

http://www.carwild.net/

On Carwild's website, you will see their HYRASORB, the exact same HYDRASORB mentioned in the 8-k if you read it, or even just scan it quickly.

If you can show me that Carwild Corp bought all of AVTI, or has any connection whatsoever, I will close all my trading accounts, donate the proceeds to the charity of your choice, and never post on another investment related forum for as long as I live.