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Re: None

Tuesday, 05/07/2013 3:17:35 PM

Tuesday, May 07, 2013 3:17:35 PM

Post# of 6816
The case of the missing $325,000



1. In the 3rd Qtr 10Q filed with the SEC, AVTCE states that it sold its restaurant for $325,000 in March, 2012:


http://www.sec.gov/Archives/edgar/data/1431888/000138730812000124/form10q.htm

6. Restaurant Sale

In March, 2012, the Company sold its Jalapenos Mexican Food restaurant to an independent third party for $325,000. AC Mexcian Food, Inc. continues to operate by providing fresh Mexican foods to the Company’s vending machines. The Company recognized a $54,513 loss on the sale.



2. The 10Q Cash Flow Statement included the $325,000 in cash proceeds:

http://www.sec.gov/Archives/edgar/data/1431888/000138730812000124/form10q.htm

Investing activities
Proceeds from sale of restaurant 325,000





3. In the FY 2012 unaudited financials filed today by AVTC with Otcmarkets.com, the restaurant sale and cash proceeds are also mentioned:

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=103771

6. Restaurant Sale
In March, 2012, the Company sold its Jalapenos Mexican Food restaurant to an independent third party for $325,000. AC Mexican Food, Inc. continues to operate by providing fresh Mexican foods to the Company’s vending machines. The Company recognized a $54,513 loss on the sale.




4. However in the FY 2012 unaudited financials filed with OTCmarkets.com, the $325,000 is missing and "$0" is entered as "Proceeds from sale of restaurant":


https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=103771

Investing activities
Proceeds from sale of restaurant 0




5. WHAT IS WRONG WITH THIS PICTURE?

WHAT HAPPENED TO THE $325,000?

ARE THE BOOKS COOKED?









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