Aventura Equities Inc (AVNE)

[satelliteguy]

I'm not sure I understand your question. Are you confused by IEquity's typically incompetent statement on their website? Aventura Equities (AVNE) will actually be the acquirer, not the acquiree. Here is a more correct version of what will be transpiring when the transaction closes (so far, it is only a signed agreement):

Aventura Equities, Inc. signs Definitive agreement to acquire 100% of the outstanding stock of Aventura Laboratories, Inc. a non - affiliated entity

February 23, 2014-Georgetown S.C.

The Board of Directors of Aventura Equities, Inc. has signed a definitive agreement to acquire all of the outstanding stock of Aventura Laboratories, Inc. from iEquity, Corp.

iEquity Corp creates, acquires and develops companies and projects in the medical cannabis space.Currently, iEquity Corp holds controlling interest and retains intellectual properties and contracts in several medical marijuana companies and related projects.

Aventura Laboratories, Inc. is a California company dedicated to the research and development of medical marijuana products and to license the production and sales of the products to state licensed collectives in California.

As a result of the transaction a new board of directors and management team will direct the operations of the Company after the closing. Specific timing of the closing was not available at the time of this posting.