AvWorks Aviation Secures Financing
Post# of 1842
|
AvWorks Aviation Secures Financing |
|
AvWorks Aviation Secures Financing PR Newswire SUNRISE, Fla., March 26, 2012 SUNRISE, Fla. , March 26, 2012 /PRNewswire/ -- AvWorks Aviation Corp. (OTCQB:SPLI) (the "Company") announces financing arrangements for reporting requirement costs and working capital. The audit and service provider related costs associated with the Company's reporting requirements will be provided for by strategic growth equity financing from private equity funds. AvWorks has received in excess of $40,000 to pay these costs and will continue to receive such funds after monthly reviews of financing needs and performance. The Company is a supplier of aerospace parts and services and its President and CEO, Joel Young states, "We are pleased that the costs of being a reporting Company will be provided for. This financing will allow AvWorks to concentrate on its growth plans and securing new inventory, without tying up our working capital." About AvWorks Aviation: AvWorks Aviation Corp. (SPLI:OTCQB), formerly Datamill Media Corp., and its wholly owned subsidiary, Young Aviation, operate as a diversified broker and supplier of parts and services to the worldwide aviation and aerospace markets. The Company services a broad range of clients such as aircraft leasing companies, major airlines, repair stations, fixed-base operators, leasing companies and aftermarket suppliers. |