AVEW Holdings, Inc. - Management Announcement: AVEW Officers Filing SEC Form 3 and Buy AVEW Holdings, Inc. Common Shares
December 17 2014 - 7:30AM
eTeligis
AUSTIN, TX(Eteligis Inc.)
AUSTIN, TX, United States, via ETELIGIS INC., 12/17/2014 - -
AVEW Holdings, Inc. (OTC Pink: AVEW) (PINKSHEETS: AVEW) today
announced that the officers and directors of AVEW Holdings are
buying AVEW Common Shares on the open market. The Board of
Directors and Executive Management of AVEW have purchased AVEW
stock and are filing the SEC Form 3. The stock is subject to rule
144 under the Securities Act. Mr. Jose Chavez, CEO; Jay Ling,
President; Mike Sharp, COO & Director; Neal Puckett, COO &
Director; Eric Davis, Director of Sales and Marketing; and Mr. Jim
DePetris, Director of AVEW Real Estate Division have bought AVEW
Stock.
AVEW Holdings is successfully implementing its business model
and in the last few months has closed on the acquisition of
Tarragon Homes; implemented its AVEW Real Estate Division; hired
Mr. Jim DePetris, Attorney, to run the AVEW Real Estate Division;
and has signed Letters of Intent for over $30 million in potential
land development projects in Texas. AVEW Holdings is in
negotiations for private investment funding for these new land
development projects.
Mr. Jose Chavez commenting, "AVEW Management and officers are
absolutely dedicated to AVEW's business model. So much so," he
continued, "that executive management has taken steps to buy open
market AVEW stock."
In the second quarter of 2014, AVEW Holdings, Inc. promoted an
AVEW stock buy back program. This program is still in effect and
has been moderately successful. The stock is being purchased for
treasury stock. Most of the targeted stockholders have indicated
they will hold on to the AVEW stock.
Mr. Jay Ling, President stated, "We at AVEW are very excited for
the short term and long term future of this company. The degree of
Management Commitment and the successful implementation of AVEW's
business plan is very commendable."
About AVEW Holdings, Inc.:
AVEW Holdings, Inc. is a collection of companies in different
disciplines operating under a public held AVEW HOLDINGS. This gives
strength and integrity to each division to weather our recessions,
downturns, etc. in the economy. The companies of AVEW combined have
a wealth of knowledge and experience along with the opportunity to
consult with one another to share ideas and get input from other
divisions.
AVEW HOLDINGS includes 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 residential
remodel and new 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. Tarragon Homes is a full custom home building and
development company. AVEW Development Company (TBF) will be
involved in commercial mixed-use development.
Safe Harbor Statement:
AVEW cautions that statements made in press releases constitute
forward-looking statements, and make no guarantees of future
performance 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
investors@avewholdings.com
512-436-9496
SOURCE: AVEW Holdings, Inc.
Associated Documentation:
http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=28669
- Link to submission on http://www.eteligis.com
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