LAJOLLA, CA -- (Marketwired) -- 01/28/15 -- AV1 Group, Inc. (OTC: AVOP), is pleased to announce that the Board of Directors has authorized the cancellation of 5,189,581,758 common shares from the control block of 6,196,375,858 common shares of restricted stock in an effort to fortify investor confidence and strengthen shareholder value.
"We believe that the decision to continue the retirement of common stock whenever possible is of vital importance to the Company and its share valuation. Our goal is to continue the methodical development of our Company, protect the integrity of the stock structure, and build shareholder value," stated Bryen Beglinger, Chief Executive Officer of AV1 Group, Inc.
Following this retirement of 5,189,581,758 common shares, and the retirement and return to treasury of 1,633,000,000 common shares in October of 2014, there will be 4,147,418,242 common shares issued and outstanding.
About AV1 Group, Inc.: AV1 Group, Inc. is a publicly traded investment and holding company established to identify, secure, and monetize emerging growth companies, technologies and ecommerce businesses positioned for exponential growth. The Company seeks to discover inspired entrepreneurs with revolutionary concepts which can make a substantial footprint in markets that the Company believes to have considerable growth potential. AV1 Group, Inc.'s comprehensive business model also includes a division which delivers internally created projects that are poised for revenue generation, and a platform enabling the Company to develop embryonic stage subsidiaries under one umbrella, bringing a spectrum of backgrounds to the table, thus providing a significant resource of experience, knowledge and expertise to every venture. AV1 Group, Inc. explores every opportunity to help each sector exceed their revenue goals while building close, active working relationships; preparing each respective division to be a robust competitor in their chosen markets. For more information visit: http://www.av1group.com/
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