AVEW Holdings Inc. (AVEW)

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In March 2010, Actionview International, Inc. (Actionview) filed a Form 15-15D, suspending its duty to make periodic filings with the SEC. As a result, EDGAR, the Commission's database of corporate filings, contains no filings regarding Actionview's merger with Austex Holdings, Inc. (Austex).

While it cannot confirm its authenticity or any other information about the company, Actionview's October 28, 2013, press release indicates that both Actionview and Austex shareholders approved the merger (the press release is available at http://www.otcmarkets.com/stock/AVEW/news?id=70501). The press release also indicates that as a result of the merger, Austex became a wholly owned subsidiary of ActionView.

If this is correct that no buy-out was offered to Actionview shareholders, one explanation may be that Actionview offered its shares to Austex in exchange for acquiring Austex?s business. If so, ActionView shareholders would now own shares in the merged company.