AUSTIN, TX, United States, via ETELIGIS INC., 12/17/2014 – – AVEW Holdings, Inc. (OTC Pink: AVEW) (PINKSHEETS: AVEW) today announced that the officers and directors of AVEW Holdings are buying AVEW Common Shares on the open market. The Board of Directors and Executive Management of AVEW have purchased AVEW stock and are filing the SEC Form 3. The stock is subject to rule 144 under the Securities Act. Mr. Jose Chavez, CEO; Jay Ling, President; Mike Sharp, COO & Director; Neal Puckett, COO & Director; Eric Davis, Director of Sales and Marketing; and Mr. Jim DePetris, Director of AVEW Real Estate Division have bought AVEW Stock.
AVEW Holdings is successfully implementing its business model and in the last few months has closed on the acquisition of Tarragon Homes; implemented its AVEW Real Estate Division; hired Mr. Jim DePetris, Attorney, to run the AVEW Real Estate Division; and has signed Letters of Intent for over $30 million in potential land development projects in Texas. AVEW Holdings is in negotiations for private investment funding for these new land development projects.
Mr. Jose Chavez commenting, “AVEW Management and officers are absolutely dedicated to AVEW’s business model. So much so,” he continued, “that executive management has taken steps to buy open market AVEW stock.”
In the second quarter of 2014, AVEW Holdings, Inc. promoted an AVEW stock buy back program. This program is still in effect and has been moderately successful. The stock is being purchased for treasury stock. Most of the targeted stockholders have indicated they will hold on to the AVEW stock.
Mr. Jay Ling, President stated, “We at AVEW are very excited for the short term and long term future of this company. The degree of Management Commitment and the successful implementation of AVEW’s business plan is very commendable.”
About AVEW Holdings, Inc.:
AVEW Holdings, Inc. is a collection of companies in different disciplines operating under a public held AVEW HOLDINGS. This gives strength and integrity to each division to weather our recessions, downturns, etc. in the economy. The companies of AVEW combined have a wealth of knowledge and experience along with the opportunity to consult with one another to share ideas and get input from other divisions.
AVEW HOLDINGS includes full service pool, spa and landscape design and construction company. Austin Premier Pools & Spas is a custom pool design and construction company that has won national and regional pool construction and design awards. Fantastic Pool Services is a maintenance and pool repair company doing business in Central Texas. Austin Patio & Outdoor Living is a residential remodel and new Construction Company servicing Central Texas. Austin Patio also designs and installs landscaping and outdoor living kitchens, fireplaces, cabanas, and decks. Kustom Fence and Construction Company is a custom fence designer and builder serving the Hill Country. Tarragon Homes is a full custom home building and development company. AVEW Development Company (TBF) will be involved in commercial mixed-use development.
Safe Harbor Statement:
AVEW cautions that statements made in press releases constitute forward-looking statements, and make no guarantees of future performance and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
AVEW Holdings, Inc.
SOURCE: AVEW Holdings, Inc.