AVEW Holdings Inc. to Incorporate New Real Estate Development Division
October 27 2014 - 7:34PM
eTeligis
AUSTIN, TX(Eteligis Inc.)
AUSTIN, TX, United States, via ETELIGIS INC., 10/27/2014 - -
AVEW Holdings Inc. (OTC Pink: AVEW) (PINKSHEETS: AVEW) today
announced the establishment of a new business division: AVEW
Holdings Real Estate Development. This new division will operate
under our wholly owned subsidiary: AVEW Custom Builders, where
Tarragon Home LLC currently resides. Mr. Chris Wood will be the
interim C.O.O. of AVEW Holdings Real Estate Development.
Mr. Jose Chavez, CEO of AVEW commented, "AVEW Holdings Real
Estate Development are longer term contracts with projects taking
an average 24 to 48 months to complete. The plan is to access
external financing structures which have already been offered to
AVEW." Jose continued, "We are happy to report Tarragon Homes and
AVEW Custom Builders have received numerous proposals to
participate in new home construction and multimillion-dollar
residential/commercial developments in Houston, Corsicana and Cedar
Park Texas areas. Tarragon Homes and AVEW Custom Builders are
poised to surpass $4,000,000 in revenues for 2015. However, any new
projects would run 2015 revenues beyond the $6,000,000 dollar
range."
Mr. Jay Ling President of AVEW said, "The creation of AVEW
Holdings Real Estate Development was established to effectively run
and manage Residential/Commercial Construction projects that
involve real estate, new construction and remodel projects." He
continued, "The selection of AVEW Holdings to participate in large
scale and long term projects like these are an indication of the
successful business model being implemented and the quality of
companies being acquired or targeted companies to be acquired by
AVEW."
Tarragon Homes has been rated in the top 10% of over 220,000
contractors in Texas, by BuildZoom the world's largest repository
of information on contractors. AVEW Holdings has in house
experience to construct and manage large-scale development
projects. AVEW's Marcelino Martinez, C.O.O of Kustom Fence
Construction, has over 10 years of residential construction
management and supervision with two of Texas largest high-end
homebuilders.
About AVEW Holdings Inc. :
AVEW HOLDINGS is a full service pool, spa and landscape design
and construction company. Austin Premier Pools & Spas is a
custom pool design and construction company that has won national
and regional pool construction and design awards. Fantastic Pool
Services is a maintenance and pool repair company doing business in
central Texas. Austin Patio & Outdoor Living is a new and
residential remodel Construction Company servicing central Texas.
Austin Patio also designs and installs landscaping and outdoor
living kitchens, fireplaces, cabanas, and decks. Kustom Fence and
Construction Company is a custom fence designer and builder serving
the Hill Country.
Safe Harbor Statement:
AVEW cautions that statements made in press releases constitute
forward-looking statements, and make no guarantees of future
performances and actual results/developments may differ materially
from projections in forward-looking statements. Forward-looking
statements are based on estimates and opinions of management at the
time statements are made.
CONTACT:
AVEW HOLDINGS INC.
Shareholder Relations
S.T.A.T Group
Craig Fischer
Communications Manager
786-375-0556
investors@avewholdings.com
512-436-9496
SOURCE: AVEW Holdings, Inc.
Associated Documentation:
http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=28270
- Link to submission on http://www.eteligis.com
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