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