CARSON CITY, NV--(Marketwired - Feb 25, 2015) - Avatar Ventures Corp. (OTC PINK: ATAR) (Avatar). Avatar Ventures Corp. is pleased to provide this update to its shareholders and potential shareholders.
Edward Minnema, President/CEO of Avatar is very pleased to report that in respect to the corporate financials, the auditing firm retained by Avatar is in the process of reviewing and auditing the documentation supplied by Avatar over the past months.
Mr. Minnema stated, "It has been many months of communications between myself, our accountant and auditor. Frustrating at many times, our perseverance has contributed to Avatar reaching this stage. Subsequently we will in the near future commence with the filing process. Avatar wishes to thank all for the coordinated effort, which undoubtedly will project Avatar as a more attractive entity in regards to potential merger or acquisition."
Avatar has been in contact with a number of viable businesses that may wish to use it as a platform to advance to the public markets. Included are entities in the exciting area of fantasy sports gaming, which is listed as one of the 8 top industries of 2015 by www.INC.com.
Avatar is also pleased to add Mr. Peter Bonch as a consultant. Peter has approximately 20 years' experience in the brokerage and securities industry and currently works independently for both public and private companies. Peters extensive contact base and expertise will provide a valuable asset to Avatar.
About Avatar Ventures Corp.
Avatar Ventures Corp. founded in 2006 is a public company currently investigating revenue producing business ventures including those in the high tech sector. With an advantageous share structure and through the building of a solid management team, the company will endeavor to provide increased shareholder value and at the same time minimize dilution so as to provide maximum return for shareholders.
Safe Harbour Statement:
This release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995."Forward looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or planned, "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward looking statements, including the risks that actual results may differ materially from those projected in the forward looking statements.