AVNE: "May 14, 2014, Georgetown, S.C.- Aventura Eq
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Posted On: 05/14/2014 4:32:47 PM
AVNE: "May 14, 2014, Georgetown, S.C.- Aventura Equities, Inc.’s (OTC: AVNE) board of directors has dissolved the definitive agreement with IEquity, Corp. and associated companies effective immediately."
Headline: http://www.otcmarkets.com/stock/AVNE/news?id=80681&b=y
Apparently, the PR is not in reply to any SEC question or contact since temporary suspension on March 5, 2014. AVNE claims they don't know extactly why stock was suspended. However, based on PR, they seem to have an idea.
"The company had no prior notice, nor is it clear why the SEC imposed the temporary suspension. The board of directors will deal with any regulatory concerns and cooperate with the regulators when, or if they are identified. 'The Company is not aware of any written inquiries or investigations by the Commission or any other regulatory body at this time,' Mr. Armstrong reported."
Full text: http://www.otcmarkets.com/otciq/ajax/showNews...=222102637
Certainly, from the perspective of AE and SK, AVNE would have chosen a bad time to try to get attention of regulators by inferring blame for debacle rests with "IEquity, Corp. and associated companies." Armstrong can't be too happy about losing his company, and this is pre-merger time for AEGY and SKTO. And with both tickers recently downgraded, the timing seems almost calculated to draw SEC.FINRA attention to iequity/AE/SK and their planned merger.
Headline: http://www.otcmarkets.com/stock/AVNE/news?id=80681&b=y
Apparently, the PR is not in reply to any SEC question or contact since temporary suspension on March 5, 2014. AVNE claims they don't know extactly why stock was suspended. However, based on PR, they seem to have an idea.
"The company had no prior notice, nor is it clear why the SEC imposed the temporary suspension. The board of directors will deal with any regulatory concerns and cooperate with the regulators when, or if they are identified. 'The Company is not aware of any written inquiries or investigations by the Commission or any other regulatory body at this time,' Mr. Armstrong reported."
Full text: http://www.otcmarkets.com/otciq/ajax/showNews...=222102637
Certainly, from the perspective of AE and SK, AVNE would have chosen a bad time to try to get attention of regulators by inferring blame for debacle rests with "IEquity, Corp. and associated companies." Armstrong can't be too happy about losing his company, and this is pre-merger time for AEGY and SKTO. And with both tickers recently downgraded, the timing seems almost calculated to draw SEC.FINRA attention to iequity/AE/SK and their planned merger.
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