Posted On: 03/05/2014 7:54:52 PM
Post# of 36729
It wouldn't be surprising if it were AVNE's decision to change capital structure that put AVNE under the FINRA microscope and led to suspension of trading.
AVNE
"The Company's board of directors has approved a forward split of the common shares of the Company. As part of the approval the Company will increase their authorized shares to 750,000,000 shares. The forward split will be nine (9) shares of common shares for every one currently held. These changes and the actual date of distribution will be subject to acceptance by the Secretary of State of Florida and FINRA which will be filed this week."
SEC
"The Securities and Exchange Commission ("Commission") announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the Exchange Act"), of trading in the securities of Aventura Equities, Inc. ("Aventura") commencing at 9:30 a.m. EST on March 5, 2014, and terminating at 11:59 p.m. EDT on March 18, 2014. (Maximum 10 business days allowed by SEC rules)
"The Commission temporarily suspended trading in the securities of Aventura because of questions concerning the adequacy and accuracy of publicly available information about Aventura, including, among other things, its financial condition, the control of the company, its business operations, and trading in its securities."
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AVENTURA EQUITIES ANNOUNCES CAPITAL STRUCTURE CHANGES INCLUDING A FORWARD STOCK SPLIT
Feb 18, 2014
OTC Disclosure & News Service
Georgetown, S.C.
February 18, 2014, Georgetown, S.C.- Aventura Equities, Inc.'s (OTCPink: AVNE) board of directors has announced that as part of its previously announced change in corporate direction, that it has approved a change in capital structure of the Company.
The Company's board of directors has approved a forward split of the common shares of the Company. As part of the approval the Company will increase their authorized shares to 750,000,000 shares. The forward split will be nine (9) shares of common shares for every one currently held. These changes and the actual date of distribution will be subject to acceptance by the Secretary of State of Florida and FINRA which will be filed this week.
The Company will promptly inform the public when it receives the effective dates of the split from FINRA.
AVNE
"The Company's board of directors has approved a forward split of the common shares of the Company. As part of the approval the Company will increase their authorized shares to 750,000,000 shares. The forward split will be nine (9) shares of common shares for every one currently held. These changes and the actual date of distribution will be subject to acceptance by the Secretary of State of Florida and FINRA which will be filed this week."
SEC
"The Securities and Exchange Commission ("Commission") announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the Exchange Act"), of trading in the securities of Aventura Equities, Inc. ("Aventura") commencing at 9:30 a.m. EST on March 5, 2014, and terminating at 11:59 p.m. EDT on March 18, 2014. (Maximum 10 business days allowed by SEC rules)
"The Commission temporarily suspended trading in the securities of Aventura because of questions concerning the adequacy and accuracy of publicly available information about Aventura, including, among other things, its financial condition, the control of the company, its business operations, and trading in its securities."
###
AVENTURA EQUITIES ANNOUNCES CAPITAL STRUCTURE CHANGES INCLUDING A FORWARD STOCK SPLIT
Feb 18, 2014
OTC Disclosure & News Service
Georgetown, S.C.
February 18, 2014, Georgetown, S.C.- Aventura Equities, Inc.'s (OTCPink: AVNE) board of directors has announced that as part of its previously announced change in corporate direction, that it has approved a change in capital structure of the Company.
The Company's board of directors has approved a forward split of the common shares of the Company. As part of the approval the Company will increase their authorized shares to 750,000,000 shares. The forward split will be nine (9) shares of common shares for every one currently held. These changes and the actual date of distribution will be subject to acceptance by the Secretary of State of Florida and FINRA which will be filed this week.
The Company will promptly inform the public when it receives the effective dates of the split from FINRA.
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