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AAVG (QB) $.0014 DD HERE: $$=====Ultimate DD AAVG 10/12/2011 UPDATED (.03PPS TARGET)=====$$



Effective July 13, 2011, AvStar Aviation Group, Inc. was listed to trade on the OTCBB. Market Maker Hudson (HDSN) is the quote sponsor for the company http://ih.advfn.com/p.php?pid=nmona&article=48440683

Business Description
AvStar Aviation Group, Inc.'s business plan is to acquire and operate businesses in the general aviation industry. We have placed our primary focus on nonscheduled air transportation and on the acquisition of a portfolio of fixed base operations (FBOs) at airports that support light jet traffic along with turbine powered and piston engine aircraft. These facilities are supported by our maintenance, repair and overhaul (MRO) of aircraft operations, providing products and services for the general aviation sector. Although our wholly owned subsidiary, Twin Air Calypso Limited, is a newly formed company, our management has over 50 years of experience in operating charter aircraft facilities. In addition our wholly owned maintenance repair and overhaul facility in South Florida management has also operated MRO's for over 50 years. We intend to grow our business through the expansion of our existing charter and MRO businesses as well as by the acquisition of fixed base operations, additional charter operations, and other operational aircraft related businesses. http://www.avstarinc.com






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PR 08/08/2011 Applies for Authorization as Service-Provider-to-Cuba AvStar Aviation Group, Inc. (AvStar) (OTCBB: AAVG) today announced that its wholly owned subsidiary, Twin Air Calypso Limited, Inc. (TACL), has applied to the United States Office of Foreign Assets Control for approval as a Carrier Service Provider, Travel Service Provider and Remittance Forwarder to the country of Cuba. These authorities will allow TACL to provide services to the Cuban-American community while the embargo continues and establish relationships for future business should the embargo be lifted. (http://ih.advfn.com/p.php?pid=nmona&article=48744782)
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PR 07/28/2011 Overview of Flight Operations for the-First-Six-Months-of-2011
AvStar Aviation Group, Inc. (AvStar) (OTCQB: AAVG) today announced that during the first six months of 2011 Twin Air Calypso Limited, Inc. logged a total of 1669 flight hours compared to 1660 flight hours in the corresponding period of 2010. This one-half of one percent increase in flight hours generated revenues of approximately $1,225,000.00. This is an increase of 35% over the first six months of 2010. During this period the load factor for each flight exceeded 85%. This level of revenue combined with the cost reductions realized this year should make the company marginally profitable in the second quarter. However, the current infrastructure will allow for our planned growth to 4500-5000 flight hours without fixed cost increases. With the fixed costs accounted for in the first 1700 flight hours, as aircraft are returned to service each marginal increase in revenue will contribute a larger portion to profit. Continuing to closely monitor our variable costs, the largest being fuel, will assure the company's continued return to profitability.
http://ih.advfn.com/p.php?pid=nmona&article=48605610)
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PR 07/21/2011 Submission of Commuter Authority Application-(3.5 million dollars)
AvStar Aviation Group, Inc. (AvStar) (OTCBB: AAVG) today announced that its wholly owned subsidiary Twin Air Calypso Limited, Inc (TACL). has completed its Commuter Authority application and will forward it to the Department of Transportation (DOT) today. The commuter authority will allow TACL to increase flight frequency to its destinations, publish a schedule through traditional airline venues such as the Official Airline Guide, and offer tickets through online services (www.Expedia.com , etc). With approval, TACL will have the authorities that allow for the possibility of "code sharing" arrangements, and interline agreements with major airlines. The application posting and the approval process can be monitored on the DOT Docket System. The company has requested approval for Commuter Authority operations to commence on December 1, 2011. It is projected that with the Commuter Authority status, first year annual revenue will be approximately 3.5 million dollars. More detailed financial information is contained within the DOT filing. (http://ih.advfn.com/p.php?pid=nmona&article=48605610)

Regulation GOV: http://www.regulations.gov/#!documentDetail;D=DOT-OST-2011-0143-0002


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(8K 08/15/2011)
First 4/19/2010 Due $50,000 1/21/2011 (paid)
Second 6/1/2010 $25,000 Due 3/31/2011 (paid)
Third 8/31/2010 $40,000 Due 6/2/2011 (paid)
Fourth 10/21/2010 $35,000 Due 7/25/2011 (paid)
Fifth 12/20/2010 $45,000 Due 9/22/2011 (Part paid as 08/15/2011) Should be fully paid
Sixth 3/28/2011 $50,000 Due 12/30/2011 (company has option to buy back)
http://ih.advfn.com/p.php?pid=nmona&article=48838019
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= Notice how it states that AAVG IS now an OATS Reportable company (07/14/2011)?
Which is great since major institutions require this to place investments into the company... (it will not be traded on NASDAQ but faces the same requirements, they were accepted so expect major investments to come in.) .

http://otcbb.com/asp/dailylist_search.asp?SearchSymbolForm=TRUE&OTCBB=OTCBB&searchby=symbol&searchfor=aavg&searchwith=Starting&image1.x=28&image1.y=2
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- Developing proprietary software for the management of reservations and flight operations. When completed, the suite of programs will manage aircraft operations, passenger reservations, and freight logistics.

"The Scheduler portion of the suite is operational and allows us to more efficiently manage and track aircraft movement and maintenance. The reservation module is in final testing and should be fully operational by August 1, 2011. As we continue to implement internet based management tools and marketing strategies the company is preparing itself for continued growth without having to absorb additional overhead burden," said Clayton Gamber, CEO of AvStar Aviation Group, Inc. http://ih.advfn.com/p.php?pid=nmona&article=48321570
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-"With our profitable first quarter and overall revenue increases of 2011, I feel we have the basis to approach conventional sources for working capital. We will be working diligently to secure funds that will allow us to build upon our recent successes without affecting our share structure," said Clayton Gamber, CEO of AvStar Aviation Group, Inc. http://ih.advfn.com/p.php?pid=nmona&article=47992779

7(a) Loan Guaranty Program
One of the SBA's primary loan programs, 7(a) offers loans of up to $2,000,000. (The maximum dollar amount the SBA can guaranty is generally $1 million.) All SBA loan programs lend to small businesses unable to secure financing on reasonable terms through normal lending channels

According to the PR issued 06/29/2011
AvStar Aviation Group, Inc. (AvStar) (OTCQB: AAVG) today announced that its wholly owned subsidiary Twin Air Calypso Limited, Inc. has obtained a line of credit through Strategic Funding Partners, Inc. of Gainesville, Florida and PROSPAY Merchant Services of Miami, Florida http://ih.advfn.com/p.php?pid=nmona&article=48251262
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Share Structure
315,460,075 Issued and Outstanding 08/22/2011
245,866,797 Free Trading Float 08/22/2011
69,593,278 Restricted 08/22/2011
500,000,000 Authorized Shares a/o 09/12/2011
http://www.otcmarkets.com/stock/AAVG/company-info

AvStar Aviation Services, Inc.--50 M 21.16%
Ivy (Russell)-------------------19.1 M 8.08%
La Jolla IPO, Inc.---------------6 M 2.54%
Wilson (Robert)------------------1.5 M 0.63%
Schulle (Henry A)--------------100,000 0.04%
Short (James A)----------------100,000 0.04%
http://www.dailyfinance.com/company/avstar-aviation-group-inc/aavg/nab/institutional-ownership

52Wk High 0.0440
52Wk Low 0.0013
http://barchart.com/quotes/stocks/AAVG

BUY RATING http://barchart.com/opinions/stocks/AAVG

Solid ratio of 3 (shareprice/marketcap.)yearly revenues of $3Million x 3 = $9,000,000
9,000,000 : 315,460,075 Shares Outstading = .03PPS (add the other projects in the works could see .04+)




News

Date Time Source Headline Symbol Company

08/08/2011 1:00PM PRNUS AvStar Aviation Group, Inc. Applies for Authorization as Service Provider to Cuba OTCBB:AAVG Avstar Aviation Grp

07/28/2011 9:15AM PRNUS AvStar Aviation Group, Inc. Announces Overview of Flight Operations for the First Six Months of 2011
OTCBB:AAVG Avstar Aviation Grp

07/21/2011 9:35AM PRNUS AvStar Aviation Group, Inc. Announces Submission of Commuter Authority Application OTCBB:AAVG Avstar Aviation Grp

07/14/2011 9:15AM PRNUS AvStar Aviation Group, Inc. Announces Listing on OTC Bulletin Board OTCBB:AAVG AvStar Aviation Group, Inc. Common Stock

07/12/2011 9:15AM PRNUS AvStar Aviation Group, Inc. Announces New Appointments and Updates DOT Commuter Status

07/05/2011 9:25AM PRNUS AvStar Aviation Group, Inc. Developing Reservation and Flight Operation Software

07/01/2011 9:15AM PRNUS AvStar Aviation Group, Inc. Releases Revenue Results for First Half of 2011

06/29/2011 9:19AM PRNUS AvStar Aviation Group, Inc. Announces Initial Line of Conventional Financing

06/08/2011 9:45AM PRNUS AvStar Aviation Group, Inc. Pursues Conventional "Non-Conversion Rights" Financing

06/07/2011 9:00AM PRNUS AvStar Aviation Group, Inc. Announces Alliance for Additional Capacity; The Continuation of Refurbishment Program

05/06/2011 9:00AM PRNUS AvStar Aviation Group, Inc. Announces Personnel Rotation Service for International Field Studies OTCBB:AAVG Avstar Aviation Grp

05/05/2011 9:45AM PRNUS AvStar Aviation Group, Inc. Announces Revenue Increases; Addition to Air Fleet; and Update of DOT Commuter Authority Status

03/11/2011 10:24AM PRNUS AvStar Aviation Group, Inc. Releases Overview of Operations and 20% Revenue Increase

03/08/2011 1:28PM PRNUS AvStar Aviation Group, Inc. Announces Dedicated Freight Flights Into the Bahamas.

02/22/2011 8:45AM PRNUS AvStar Aviation Group, Inc. Announces 2011 Revenue Increases Spur on Plans for New Air Routes; Operations from Sheltair-North Co

01/28/2011 10:00AM PRNUS AvStar Aviation Group, Inc. Announces Closing Date for Aircraft Charters, LLC Acquisition; Subsidiary, Twin Air Calypso Limited,

01/27/2011 12:00AM PRNUS AvStar Aviation Group, Inc. Announces Strategic Partnership with Miami Aviation Specialists, Inc.

01/06/2011 10:41AM PRNUS AvStar Aviation Group, Inc. Announces Chief Pilot Appointment

Link to all news and SEC fillings: http://ih.advfn.com/p.php?pid=news&symbol=AAVG




MANAGEMENT

HENRY A. SCHULLE
Mr. Schulle has served as one of our directors and our Vice President and Secretary since February 2009. Mr. Schulle has served as AvStar Services' Vice President and a member of AvStar Services' Board of Directors since July 2006; from July 2006 until January 2008 he also served as AvStar Services' President and Chairman of the Board of Directors. Since January 8, 2004 he has served as Chairman of the Board of Directors and a principal of Martex Trading Company, a privately held company active in the oil and gas industry as well as real estate investments and development. Martex Trading Company was the controlling member of Aurora Financial Services, LLC, a FINRA-registered broker dealer that has acted as a placement agent for AvStar Services. From December 2003 until July 2004 Mr. Schulle served as a member of the Board of Directors of TexCom, Inc. (Pink Sheets: TEXC). AvStar Services acquired San Diego Airmotive from TexCom, Inc. From January 1997 to November 2003, he was President and a Director of Texas Commercial Resources, Inc. (Pink Sheets: TCRI) from its inception as a privately held company that merged with EZUtilities in 2001. Mr. Schulle continued as an officer and director of Texas Commercial Resources, Inc. through its subsequent successful combination with Petrosearch Energy Corporation (OTCBB: PTSG), a Houston based energy company. He served as Chairman of the Board of Unicorp, Inc., which was quoted on the OTC Bulletin Board from November 1991 until January 1998. Mr. Schulle negotiated the merger of Unicorp, Inc. with United States Refining Company, a diversified, vertically integrated petroleum refining and petrochemical company that was acquired by Houston American Energy Corp. in April 2001. From January 1998 to July 2004, Mr. Schulle was employed by Dell Computer Corporation as a database support specialist working on international assignments.

JAMES H. SHORT
Mr. Short has served as one of our directors since February 2009. He has been a member of AvStar Services' Board of Directors since July 2006. Since December 2003 he has served as a member of the Board of Directors of TexCom, Inc. (Pink Sheets: TEXC). AvStar Services acquired San Diego Airmotive from TexCom, Inc. He also served as a member of the Board of Directors of Texas Commercial Resources, Inc. (Pink Sheets: TCRI) from 2001 until 2003. Mr. Short is currently a principal and Vice president of Finance & Administration for Sabine Storage & Operations, Inc., an engineering and a consulting firm specializing in the design, engineering, permitting, construction management, and operations of hydrocarbon storage facilities in subsurface salt dome formations. In addition, he is a principal and Vice President of Marketing for Sabine Resources, Inc., a surface and mineral owner
of property having hydrocarbon storage potential in a salt dome formation. Mr. Short was previously associated with Energy Consultants, Inc., a natural gas marketing entity serving municipalities in South Illinois and Indiana, on an independent contractor basis, from 1984 until 2001.From 1979 to 1984, he was
Senior Vice President and a director of Coronado Transmission Company with responsibilities for gas acquisition,transportation, and sales throughout the Southern States and Rocky Mountain area. Mr. Short served as Vice President of Corporate Planning and Vice President of Gas Supply, Transportation and Sales of Lovaca Gathering Company from 1972 to 1979. He was an employee of Cities Service Oil Company from 1966 to 1972. Mr. Short holds a B.S. degree from the University of Tennessee

ROBERT WILSON
Mr. Wilson has served as our Vice President and Chief
Financial Officer since April 2008. He has also served as AvStar Services' Vice President and Chief Financial Officer since July 2004. Mr. Wilson also serves as the Chief Financial Officer and Operations Principal for several broker dealers and investment banking firms where his duties include compliance with
FINRA, SEC and NYSE rules and regulations, the design and implementation of accounting and operations control procedures, representing firms as an expert witness and with FINRA examinations. He currently serves as a director and audit committee chairman for American Security Resources, Inc. and American Enterprise Development Corporation and as a consultant with The Professional Directors Institute. Mr. Wilson is a CPA and has over 15 years of experience as the owner of a certified public accounting firm, was previously a member of the FINRA Board of Arbitrators and has several FINRA and NYSE licenses. Mr. Wilson has previously served as operations compliance manager of the AIM Management Group, Vice President Compliance/Internal Audit of the Kemper Securities Group and an auditor with Price Waterhouse. Mr. Wilson is a 1977 graduate of Houston Baptist University and pursued additional studies at Georgetown University.



Twin Air Calypso Services, Inc.Ft. Lauderdale/Hollywood - North Perry (HWO)
1620 SE 75th Avenue
Penbroke Pines, Florida 33023
Web: http://www.flytwinair.com/index.html