Wednesday, February 26, 2014 10:13:14 AM
February 26, 2014, Georgetown, S.C.- Aventura Equities, Inc.’s (OTCPink: AVNE) board of directors have signed a definitive agreement to acquire all of the outstanding stock of Aventura Laboratories, Inc. from iEquity, Corp. as part of a share exchange agreement.
“As previously stated, the board of directors announced an aggressive direction that the Company was going to take concerning business opportunities, joint ventures or acquisitions,” stated Mr. Richard Armstrong, Chief Executive Officer and director of the Company. “We believe that our loyal shareholders will now have an opportunity to participate in an industry sector that will reward their patience,” Mr. Armstrong added.
The definitive agreement calls for some “closing documents” to be delivered by both parties which the Company expects to be complete over the next 30 days.
About Aventura
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