posted
This one is flying high today - over 100%, currently at .019/.021. I am hearing rumor of merger, but have not confirmed just yet. Float is very low - 18 mil.
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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MERGER LOI WITH COMPANY TLTK WAS SUPPOSEDLY MERGING WITH....GLTA
ActionView International, Inc. Announces Preliminary Agreement for Merger Transaction With Dalian Chuming Group ActionView International, Inc. (OTCBB: AVWI) today announced that it has reached a preliminary agreement with S3 Investment Company, Inc. and its wholly owned subsidiary, Redwood Capital Inc., under which ActionView International would become the public vehicle for the entrance of Dalian Chuming Group Co., LTD into the U.S. public markets.
Dalian Chuming Group Co., LTD is a client of Redwood Capital (www.redwoodcapinc.com), which assists private Chinese companies to achieve a listing in the U.S. public markets through a reverse merger transaction.
Dalian Chuming Group Co., LTD (www.chuminggroup.com) is a major producer and exporter of fresh and frozen pork and other cooked meat products. The Chuming Group is among a select group of industrialized farming corporations in northeastern China and is known for its international quality management standards and international safety certifications. In late 2006, the company officially opened a $2.9 million feedmill with a capacity of 200,000 tons per year that will support its expansion of pork production. The pursuit of a U.S. public listing is expected to allow the Chuming Group to expand into additional worldwide markets.
The preliminary agreement between ActionView International and Redwood Capital calls for additional due diligence before a definitive agreement is formalized.
"We are pleased to have reached this initial agreement with Redwood Capital and S3 Investment Company," stated Rick Mari, director and chief executive officer of ActionView International. "We believe that this transaction has the potential to deliver value to ActionView shareholders, and we look forward to completing the necessary due diligence and moving forward to a definitive agreement in the near term."
Shareholders and anyone interested in following the progress of the company are encouraged to subscribe to receive email alerts whenever new information is released by ActionView International. To subscribe, please visit http://www.integratir.com/emailalerts.asp?ticker=avwi, and fill in the appropriate fields.
About ActionView International, Inc.
ActionView International, Inc. custom-designs, develops, and manufactures vividly illuminated motion billboards. ActionView places its signs into high traffic locations and markets advertising space on the signs. ActionView shares advertising revenue generated from the billboards with advertising agencies, the local business partner and the location owner. The benefit to advertisers is exposure in high traffic locations at reasonable costs due to the scrolling feature and multiple advertisers. For additional information about ActionView, please visit the company's website at www.actionviewinternational.com.
Forward-Looking Statements
This release contains 'forward-looking statements' within the meaning of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward looking-statements.' Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.
Contact: Gemini Financial Communications A. Beyer 951-677-8073 Email Contact
Source: Marketwire (August 30, 2007 - 8:01 AM EST)
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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posted
The increase in O/S is for the merger...Dalian has to have shares of something and the float is only 18 mil. I seriously doubt they will issue the entire 1 billion.
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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ActionView International, Inc. Announces Binding Agreement Securing Company's Position as Public Vehicle for Dalian Chuming Group Merger Transaction
Market Wire "US Press Releases "
VANCOUVER, BC -- (MARKET WIRE) -- 09/12/07 -- ActionView International, Inc. (OTCBB: AVWI) today announced a binding agreement with S3 Investment Company and its wholly owned Redwood Capital Inc. subsidiary, under which ActionView International would become the public vehicle for the entrance of Dalian Chuming Group Co., LTD into the U.S. public markets.
Dalian Chuming Group Co., LTD is a client of Redwood Capital (www.redwoodcapinc.com), which assists private Chinese companies to achieve listings in the U.S. public markets through reverse merger transactions.
Redwood Capital has a binding agreement with Dalian Chuming Group, under which Redwood will provide certain services related to the reverse merger, including the sourcing of a public company suitable for Dalian Chuming Group. ActionView International, a fully reporting Over-the-Counter Bulletin Board listed company, has been selected to serve as the public vehicle for the Dalian Chuming Group reverse merger
Dalian Chuming Group Co., LTD (www.chuminggroup.com) is a major producer and exporter of fresh and frozen pork and other cooked meat products. The Chuming Group is among a select group of industrialized farming corporations in northeastern China and is known for its international quality management standards and international safety certifications. In late 2006, the company officially opened a $2.9 million feedmill with a capacity of 200,000 tons per year that will support its expansion of pork production. The pursuit of a U.S. public listing is expected to allow the Chuming Group to expand into additional worldwide markets.
The binding agreement between ActionView International and Redwood Capital outlines the terms of the transaction, which includes a stock position for current ActionView shareholders and a cash payment for the purchase of the public company.
"ActionView International's binding agreement with Redwood Capital, coupled with Redwood's contract with Dalian Chuming Group, further solidifies ActionView's position as the public vehicle for Dalian Chuming Group's entrance into the U.S. public markets," commented Rick Mari, director and chief executive officer of ActionView International. "We are pleased to have reached this stage and look forward to the disclosure of Dalian Chuming Group's financials to the public markets, so our shareholders can see the considerable operating success and financial strength that Dalian Chuming Group will bring to the U.S. public markets."
About ActionView International, Inc.
ActionView International's operating subsidiary custom-designs, develops, and manufactures vividly illuminated motion billboards. ActionView places its signs into high traffic locations and markets advertising space on the signs. ActionView shares advertising revenue generated from the billboards with advertising agencies, the local business partner and the location owner. The benefit to advertisers is exposure in high traffic locations at reasonable costs due to the scrolling feature and multiple advertisers. For additional information about ActionView, please visit the company's website at www.actionviewinternational.com.
Forward-Looking Statements
This release contains 'forward-looking statements' within the meaning of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward looking-statements.' Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.
Contact: Gemini Financial Communications A. Beyer 951-677-8073 Email Contact
Posts: 4 | From: Miller Beach | Registered: Jun 2006
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