ActionView International Announces Acquisition
November 14 2013 - 8:00AM
Marketwired
ActionView International Announces Acquisition
AUSTIN, TX--(Marketwired - Nov 14, 2013) - ActionView
International, Inc. (OTC Pink: AVEW) today announced that the
company has signed a Letter of Intent to acquire ProStar Dirt
Work Inc., a Texas-based company that operates an Excavation, Lot
Clearing, and Clean Up construction company headquartered in
Austin, Texas. ProStar Dirt Work Inc. is an eight year old
business with a large customer base and an outstanding reputation
in the excavation and construction business.
Austex Pools was established in 2010 to service the greater
Austin area. Over the years, the company has been recognized
with multiple international and regional design awards. In
additional to pool design and construction, they offer full
landscaping and monthly pool service plans. Austex has enjoyed
the rapid growth and construction boom of central Texas. The
Company intends to expand outside of the regional market while also
pursuing a vertical integration strategy through the acquisition of
service and construction companies that complement Austex business,
just like ProStar Dirt Work Inc.
Commenting on the transaction, Chief Executive Officer, Jose
Chavez, explained, "We are excited about this transaction because
it complements our current business model and will contribute to
Austex bottom line profits with an in-house excavation and clean up
company." Mr. Rodriguez, founder and president of ProStar,
commented, "ProStar is poised to contribute to Austex in its pool
and construction operations and also bring in additional revenues
from its own operation."
Mr. Chavez, the Chief Executive Officer, also announced that
ActionView is in the process of making the necessary filings to
become a fully-reporting OTCBB-listed company.
About ActionView International, Inc.
ActionView International, through its wholly owned subsidiary,
Austex Holdings, Inc., operates Austex Pools, a full service pool
and landscape design and construction company. ProStar is an
excavation and construction clean up company doing business in
central Texas.
ActionView Media, contact: Shareholder Relations 1-512-554-4200
investors@actionviewint.com
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