AVOP huge news just out: AV1 Group Submits 5.2 Billion Shares for Retirement
Jan 28, 2015
OTC Disclosure & News Service
-
AV1 Group Submits 5.2 Billion Shares for Retirement
Management Continues Moves to Tighten Stock Structure by Over 50%
LAJOLLA, CA--(Marketwired - Jan 28, 2015) - AV1 Group, Inc. (OTC: AVOP), is pleased to announce that the Board of Directors has authorized the cancellation of 5,189,581,758 common shares from the control block of 6,196,375,858 common shares of restricted stock in an effort to fortify investor confidence and strengthen shareholder value.
"We believe that the decision to continue the retirement of common stock whenever possible is of vital importance to the Company and its share valuation. Our goal is to continue the methodical development of our Company, protect the integrity of the stock structure, and build shareholder value," stated Bryen Beglinger, Chief Executive Officer of AV1 Group, Inc.
Following this retirement of 5,189,581,758 common shares, and the retirement and return to treasury of 1,633,000,000 common shares in October of 2014, there will be 4,147,418,242 common shares issued and outstanding.
News 
Market Data 
Discover 
