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Author Topic: AVWI-R/M w/$35M Revs company
cautionupahead
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Monday, May 12 2008 9:32 AM, EST

ActionView International, Inc. Announces Letter of Intent for Acquisition Transaction With Jim Palmer Trucking, Inc.

Market Wire "US Press Releases "

VANCOUVER, BC -- (MARKET WIRE) -- 05/12/08 -- ActionView International, Inc. (OTCBB: AVWI) today announced that the company has entered into an initial agreement in the form of a letter of intent for an acquisition transaction with Jim Palmer Trucking, Inc., a leading transportation company headquartered in Missoula, Montana. Jim Palmer Trucking was established in 1966 with one truck and has grown into one of the premier refrigerated carriers in the United States. Jim Palmer Trucking operates in 44 states and maintains a fleet of 350 trucks and 500 trailers.

Jim Palmer Trucking's top five customers by percentage of revenues include Anheuser Busch, the Kroger Co., Coors Brewing Company, C.H. Robinson Worldwide, and Tyson Foods. In addition to its headquarters in Missoula, Montana, Jim Palmer Trucking has terminals in Salina, Kansas and Denver, Colorado. Jim Palmer Trucking also has drop lots located in Fontana, California; Tampa, Florida; Portland, Oregon; Wenatchee, Washington; and Chicago, Illinois.

The initial agreement in the form of a letter of intent provides the framework for a subsequent definitive agreement under which ActionView International would acquire all of the issued and outstanding shares of Jim Palmer Trucking, Inc. in exchange for a majority percentage of ActionView International. The details of the proposed share exchange will be included in the definitive agreement.

The letter of intent outlines additional due diligence, audit work and other terms that must be fulfilled to proceed to definitive agreement and to subsequently effect a close of the transaction.

The post merger plan for Jim Palmer Trucking includes a potential acquisition strategy, the addition of new members to the management team, and the development of additional business lines within the trucking industry while maintaining and growing existing accounts in its core business.

"Jim Palmer Trucking is a mature company with substantial revenues and a solid strategy for additional future growth, and we are extremely pleased to have reached an initial agreement for an acquisition transaction," stated Steven R. Peacock, president/chief executive officer of ActionView International. "We look forward to the completion of the ongoing due diligence and moving to a definitive agreement with Jim Palmer Trucking once the terms of the letter of intent have been met."

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cautionupahead
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http://biz.yahoo.com/ic/109/109989.html

http://www.jimpalmertrucking.com/

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JimSC
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0.0045
OS 270 M

Target: 0.02

This could run like GCOG.

Rev for Jim Palmer Trucking, Inc. is
47 M$.

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JimSC
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0.002

Merger deal play.

Watch it.

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JimSC
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10Q out:

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001262463%2D08%2D00008 1%2Etxt&FilePath=%5C2008%5C05%5C15%5C&CoName=ACTIONVIEW+INTERNATIONAL+INC&FormTy pe=10QSB&RcvdDate=5%2F15%2F2008&pdf=

****
OS: 330 M - no change recently.

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JimSC
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AVWI: deal to be completed soon.

******
Posted by: dirtdealer
In reply to: None Date:5/15/2008 6:54:06 PM
Post #of 3756

READ PLEASE:

I spoke again with Lonnie- (President) at Jim Palmer Trucking. This deal could be huge for shareholders of ActionView.

Acquisition is going to be done with restricted shares. He said Co. revenues in the 30-40 million range. Would not give me to much specifics. Said that things should be PR’d and the deal closed real quick… The stock prices will jump through the roof. How often do you find an OTCBB company with 30+ million in revenues. Acquisition is a cheap way for JPT to go public and mgt there will retain mgt functions etc.. That all for now..

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IMAKEMONEY
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JIM THIS HAS BEEN RUN, DONT YA THINK? I SEE .0001s COMING, JMO

--------------------
LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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JimSC
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Most merger deals will run to market cap
of 6 M$. The current Market cap is only
600 K$. Last run is only a small pop for
the real run. The PR campaign will start
tomorrow. Don't play it, just watch it.

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IMAKEMONEY
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F--K ME IT STACKS ,I PLAY GL JIM.

--------------------
LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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renrob05
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Far from done IMO
I see .01 or more

--------------------
Renee
Easy money!

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cautionupahead
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Be careful with this one, 10Q just came out, it's horrible, Steven Peacock strikes again.IMO
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EverGreen
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the # are good but there is this info that is bad

Subsequent to March 31, 2008, a total of $52,500 in cash advances made by the former director was repaid under a court ordered issuance of 748 million shares of common stock.

(at 0.00007 x share ???)

if they issued 748m + 215 already in the float with 1B AS is close to be maxed


quote:
Originally posted by cautionupahead:
Be careful with this one, 10Q just came out, it's horrible, Steven Peacock strikes again.IMO


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JimSC
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They case is pending and the stock shares
are held in an escrow account. They will
settle the case by paying back before the
merger deal. The OS: 330 M shares; the
insiders hold 75 M.

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IMAKEMONEY
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PPS .0016

--------------------
LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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JimSC
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Don't play it, just watch it.

****
0.0016 - can you buy at 0.0018?

0.0016 is a fake trade by the MMs.

****
Time & Sales
Price Size Exch Time
0.002 160000 OBB 12:18:06
0.002 158198 OBB 12:18:00
0.0019 158198 OBB 12:18:00
0.0016 222862 OBB 11:56:38 ****
0.0019 222862 OBB 11:56:38 ****
0.002 50000 OBB 11:42:37
0.0019 150000 OBB 11:04:27
0.0019 24000 OBB 11:00:52
0.0019 60000 OBB 11:00:50
0.0019 50000 OBB 11:00:50
0.0019 250000 OBB 10:58:49
0.0019 500000 OBB 10:58:34
0.0019 1000000 OBB 10:57:32


Posted by: ThePennyGuru
In reply to: None Date:5/16/2008 12:03:12 PM
Post #of 4042

One thing I have learned in trading pennies- The stocks run when the mm-s want them to. I think the bullrush from .0011 to .004 caught some MM-s with no shares and they are balancing their books. I see this going up next week. Remember to buy on dips

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JimSC
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New HOD - 0.0024

Expecting news next Monday.
****
This is the MMs' game - don't play it.
****
Posted by: ThePennyGuru
In reply to: None Date:5/16/2008 1:24:38 PM
Post #of 4078

I had 100k at .0022- they filled 10k and moved up

****
This is a merger play, the new company
had a great rev for 2007.

2007 Revenues $72,000,000 confirmed by the company.

******
Posted by: marketphile
In reply to: None Date:5/16/2008 1:00:18 PM
Post #of 4058

MUST READ: I called JP Trucking

I spoke to Lonnie Wallace (President of JP Trucking) and asked the following questions...

1) What were your annual revenues for fiscal year 07 and what are projected revenues for fiscal year 08?

Wallace: We did $72M in 07 and are on track to do about $76M in 08.

2) Which investment banker is handling this transaction and why did you choose Actionview as your shell?

Wallace: The reverse merge is being handled by Palmer Securities (not affiliated with JP Trucking) and we had no particular reason for choosing the Actionview shell as our vehicle for going public. We decided that we wanted to go public so our investment banker found Actionview. We simply went out and purchased an available shell.

3) Why did you decide to go public now?

Wallace: It's something that we've been wanting to do for quite some time now.

All of this information can be independently verified by calling JP Trucking yourself. The two most important pieces of information that I took away from the conversation are that revenues continue to rise ($72M last year and projected $76M this year) and that the deal will almost certainly go through (his comment stating that "We simply went out and purchased a shell").

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JimSC
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Great chart for a break-out:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=avwi&sid=0&o_sym b=avwi&freq=1&time=5&x=39&y=14

*****
Time & Sales
Price Size Exch Time
0.0023 539130 OBB 14:08:56
0.0023 270000 OBB 14:08:36
0.0024 25000 OBB 14:06:20
0.0023 200000 OBB 14:04:15
0.0021 200000 OBB 14:04:15
0.0024 100000 OBB 14:00:35
0.0024 100000 OBB 13:52:53
0.0024 8000 OBB 13:50:19
0.0023 8000 OBB 13:50:19
0.0023 92000 OBB 13:50:19
0.0024 100000 OBB 13:50:19
0.0024 100000 OBB 13:27:57
0.0024 146700 OBB 13:25:17
0.0024 78300 OBB 13:25:15

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JimSC
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0.0027 - Break Out!!!!

*****
Time & Sales
Price Size Exch Time
0.0027 250000 OBB 14:59:50
0.0027 54901 OBB 14:59:34
0.0027 945098 OBB 14:59:32
0.0027 30499 OBB 14:59:17
0.0027 5000 OBB 14:59:04
0.0026 5000 OBB 14:58:41
0.0026 10000 OBB 14:58:36
0.0026 380000 OBB 14:58:28
0.0026 100000 OBB 14:58:25
0.0026 20000 OBB 14:58:25
0.0025 5000 OBB 14:56:44
0.0024 461500 OBB 14:56:43
0.0024 890680 OBB 14:56:43
0.0024 500000 OBB 14:56

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JerZeyDeViL
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Great day! Wasn't really sure what to expect for a friday, but held very nice and closed green! Alot of profit takers left us this morning and the weekend bailers should be gone....looking for a HUGE week next week!
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beechwood
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Just remember that the MM's can sell pennies
short and YOU CAN'T !!
Also, watch out for the classic R/S BEFORE
the R/M.
If you're going to play this play it right
and jump in AFTER any R/S.

Tip: it's usually the R/M that say NO R/S that will R/S!

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JimSC
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For stocks under 0.002, the MMs will
not make much money thru short selling.
However, they can make a lot of money by
accumulating shares at bottom, and unloading
them by a 10X run, especially when a merger
deal is involved.

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renrob05
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Don't know if people realize how big this is....
AVWI is merging with a company that makes revs
of $72,000,000

Also, some people are saying the deal could go through soon...like in 2 weeks.

I see .01 short term...and much higher long term.

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JerZeyDeViL
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Today should be fun!!
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JimSC
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0.0025 X 0.0028
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JimSC
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This stock is very interesting, a big
block of the OS is in an escrow account
under court supervision. That makes
the court a protector of the share
holders. If you find any party is
unfair, you can complain to the
judge, and the merger deal must
be fair to all parties.

The ceo is not diluting, if you
have any evidence of diluting, please
let me know and I will report it to the
judge.

AVWI may follow the pattern of SRSR.

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voodooman
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tough day today
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JimSC
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The MMs played a game to get panic
sellers. But not many paid attention
to it this time:

*****

Posted by: rgzoo
In reply to: momoore3 who wrote msg# 5010 Date:5/20/2008 11:52:52 AM
Post #of 5028

AMTD just screwed me for $40 partial fill * .0016..27400 shs.
wanted 200000 for a starter. this happened right in the middle of my cancelation of bid.

MM GAMES! keeping price down!

canceled 172600 shs...sold me 27400 shs!

who buys $40 worth of a stock with fee of approx. $10?

nobody!

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beechwood
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I'm still watching, and laughing, since it was
pumped hard at .0024
Now at what, .0016?
Hmmmmmmmm...
Will the real paid pumper pleeeeeze
stand up!...LOL
Not that this won't run.
I just don't wanna add to any MM shorts.
It does have potential IF the MM's will
turn it loose.

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IMAKEMONEY
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PPS .0014

--------------------
LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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JimSC
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0.0017 X 0.0018 - low float.

OB, not pink.

Expecting a merger PR next week.

The MMs are showing the true bids
now. They used to hide the true bids
and make a huge gap between Bid/Ask
to discourage buyers. So it looks
like they are about to let her go
when a good PR comes. Watch it.

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lostone
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looks interesting today, hope news out next week so we can bounce
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JimSC
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0.0017
AVWI may behave like IVOI -
the confirmation PR will come
and she will run. The merger
into a 72 m$ company is not
the average merger deal in
the past. Watch it.
IVOI: ran from 0.0011 to 0.011
in one day when the dividend was
cleared from the SEC.

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JimSC
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0.0018

0.0017 X 0.0018

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TruthLiesWithin
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Still watching or what?

The ask volume was pretty big at one point, what's up with that?

The spread too was a little wide.

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IMAKEMONEY
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PPS .0012 JUST MAY SEE A BOUNCE FROM HERE,JMO

--------------------
LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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