Avalon Technology Grp (fka AVLN)

[YankeeAce]

IDS has retained counsel to file a registration statement for its wholly owned subsidiary, 995ad.com. Upon effective registration statement, 995ad.com will trade on the OTCBB as a wholly owned, publicly traded subsidiary of IDS Worldwide Solutions, Inc. (Pink Sheets:IDWS) (http://www.ids-worldwide.com). Common stockholders of IDS Worldwide Solutions, Inc. will receive a pro-rata number of shares of 995ad.com pursuant to each individual investor's holdings as of the effective date of the registration statement of 995ad.com.


Ok, from this my guess is that IDWS will retain 51% of the outstanding shares of NNFA upon completion of the issue. The remaining shares will be issued to holders of IDWS shares. The may sell a few shares as well if they need additional resources to keep the site improving. If this is the case then NNFA will in fact remain a wholly owned, publically trading subsidairy of IDWS. Ok, maybe wholly owned is the wrong term, perhaps majority owned is better. But if you think about it upon completion of the registration NNFA is stil wholly owned by IDWS. Tricky language perhaps but not incorrect. This may be aluding to perhaps the NNFA shares issued to IDWS will be restricted for a period of time in which the company needs to appropraitely stand up the website. This may drive away the weak investors that complain constantly about the performance of the site in its infancy.