AVVAA World Health Care Products, Inc. (OTC: AVVH) Announces Shareholder Updates
AVVAA World Health Care Products, Inc. (OTC PINK: AVVH) has announced significant updates, including the integration of a new management team and plans for a merger with GoldQuest Capital in mid-December 2021. The company aims to focus on funding highly collateralized real estate loans and is expanding its service offerings with government programs. The new management team has also secured legal and accounting counsel for post-merger compliance. Importantly, AVVH has no plans for a reverse stock split, providing reassurance to shareholders.
- New management team integrated successfully.
- Focus shifted to funding real estate loans.
- Proposed merger with GoldQuest Capital set for mid-December 2021.
- Utilizing government programs to help small businesses access capital.
- No plans for a reverse stock split.
- AVVH is still an OTC shell company with no current operations.
Proposed Dates for Merger and Recent Company Activities
Houston, TX, Nov. 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- AVVAA World Health Care Products, Inc. (OTC PINK: AVVH) provides shareholder updates for the following recent company activities. Mr. Miguel Sanchez, CEO, states, “We have successfully integrated our new management team into our company infrastructure and will continue to add new key executives in the coming months. During the past 60 days, we have finalized the company strategy to focus as the funder of choice for highly collateralized real estate first lien notes and real estate investments sourced and originated by the Gold Quest Group, LLC. The company also plans to fund loans with other real estate brokers that provide opportunities that meet the company’s established funding criteria. Our management team has finalized a proposed merger date for AVVH/GoldQuest Capital for mid-December 2021, shortly after our current reporting period ends. Once the merger is complete, we will be applying to FINRA for a name and symbol change as soon as reasonably possible.”
The company is in the process of expanding its service offerings and has been laying the groundwork to utilize government programs like SBA, USDA, EXIM bank, and HUD guarantees to help more small businesses access capital.
After evaluating several firms, the company has finally settled on its legal counsel and accounting firm to handle its public compliance post-merger.
Mr. Miguel Sanchez concludes, “Given that we have received a significant amount of interest in our company, we are in the process of selecting an Investor Relations company to inform and respond to our shareholders and other interested parties. Of key importance to our shareholders, the company has no plans for a reverse split.”
About AVVAA World Health Care Products, Inc.
AVVAA World Health Care Products, Inc. is an OTC shell company with no current operations. The company is planning to merge with GoldQuest Capital, Inc. and plans to change its name to GoldQuest Capital once the merger is complete.
About GoldQuest Capital, Inc.
GoldQuest Capital is an early-stage company whose primary purpose is to fund real estate loans and redevelop select existing real estate assets to beautify communities and create new jobs. GoldQuest Capital’s redevelopment projects will include multi-family residential, commercial, industrial, and heavy industrial real estate.
For more information about GoldQuest Capital visit - www.goldquestcapital.com or contact the Company directly at 1-786-473-1255. Make sure to follow the company on Twitter at www.twitter.com/goldquestcap.
Contact Information:
Shareholder/Investor inquiries for AVVH/GoldQuest Capital can be directed to:
Omnis Public Capital Management LLC
1-786-473-1255
ir@goldquestcapital.com
info@avvaaworldhealth.com
Safe Harbor Statement: In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward-looking statements.
SOURCE: AVVAA World Health Care Products, Inc.
FAQ
What is the proposed merger date for AVVH and GoldQuest Capital?
What is AVVH's focus after the merger?
Does AVVH plan on conducting a reverse stock split?
What services is AVVH expanding to offer?
What operations does AVVH currently have?
