AVATAR VENTURES CORP. ACHIEVES OTC PINK CURRENT STATUS, PROVIDES
CORPORATE UPDATE.
Carson City, NV -- January 27, 2016 -- InvestorsHub
NewsWire -- Avatar Ventures Corp. (OTCPINK:ATAR)
(Avatar). Avatar Ventures Corp. is extremely pleased to inform its
shareholders that it has achieved OTCPINK CURRENT INFORMATION
status. Achieving this sometimes elusive milestone is a great step
forward in the development of Avatar, presenting it more attractive
to both investors and those who may seek to fund the company at
some point. said Mr. Minnema. Mr. Minnema also indicated that the
Board of Directors of Avatar will soon hold a meeting in regards to
restructuring the company so it may entertain any potential
funding, merger or acquisition opportunities.. Mr. Minnema also
wishes to present the following corporate updates:
Edward Minnema, President/CEO of Avatar states that in respect
to the garment printing industry, Avatar has to its satisfaction
completed its testing and assistance with the development of the
unique transfer paper developed by AutoArt Color Solutions of
Oakville, Ontario, Canada. AutoArt has recently rebranded its
transfer products, previously called DuraKolor. The effective new
name is Tpopps and their respective website is www.tpopps.com. Avatar will soon be updating its
website to showcase its own intriguing t-shirt products developed
by Mr. Minnema for the benefit of Avatar. Avatar will also register
a new website for the general public. Shipment of equipment and
associated product will be shipped to Jamaica in the next few weeks
where Avatar will train individuals and test market its products
and designs.
In respect to the Memorandum of Understanding signed between
Avatar and The Brown Marlo, a talented rap/hiphop artist from
Toronto, the term of the agreement has expired and both parties
have amicably and mutually agreed not to pursue discussions at the
present time. Avatar wishes Marlo the greatest of success
Mr. Minnema states in closing, Avatar now presents itself as a
company open for business. Avatar wishes to thank its services
providers, OTCMARKETS personnel and the diligence and determination
of Avatars management in achieving this milestone. Avatar projects
itself as a now viable company, not only for investment and funding
purposes, but also for potential merger and/or acquisitions, or for
just simply building itself.
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. Avatar has recently been testing a new process in the
garment printing arena and plans to move forward with the
opportunities it presents.
CONTACT:
Edward Minnema avatarventuresATAR@gmail,com 647-706-1923
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.