AVVAA World Health Care Products, Inc. (OTC: AVVH) Completes Merger with GoldQuest Capital, Inc.
AVVAA World Health Care Products, Inc. (OTC PINK: AVVH) has completed its merger with GoldQuest Capital, a Houston-based real estate lending company specializing in first lien mortgages. The merger aims to enhance AVVH's corporate vision and expand its lending operations. AVVH will provide updates on a new Board member and additional business lines. The company plans to disclose its fiscal second-quarter results soon and will file for a name change and new ticker symbol with FINRA. CEO Miguel Sanchez expresses optimism about future growth, urging shareholder patience.
- Completion of merger with GoldQuest Capital, enhancing operational capabilities.
- Expanding lending operations into new business lines.
- Access to steady deal flow through partnerships with GoldQuest Group.
- Merger completion may introduce integration challenges.
- Short-term financial uncertainty as the loan portfolio develops.
- Dependence on successful performance to meet future projections.
HOUSTON, TX, Jan. 11, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- AVVAA World Health Care Products, Inc. (OTC PINK: AVVH) announced today that it has officially completed its merger with GoldQuest Capital, Inc., a Houston, Texas-based real estate lending company that specializes in first lien real estate mortgages in the residential, commercial, and industrial sectors. While its core operations will remain focused on first lien real estate mortgages, the company also noted that it will be providing regular updates over the next few weeks to provide details of its overall corporate vision, including a new addition to its Board of Directors and several new business lines to expand its lending operations.
Mr. Miguel Sanchez, President and CEO of AVVH/GoldQuest Capital, stated, “What a way to end 2021. The public markets are such a new arena for us. We appreciate the patience and support of our shareholders this past year as we worked through some legal requirements, finalized the details of our vision, and put the proper procedures in place for our future growth.”
AVVH will be posting its pre-merger quarterly disclosure statement for the company’s fiscal second quarter that ended on November 30, 2021, later this week. Consolidated financials will be included in the company’s fiscal third quarter disclosure statement that runs through February 28, 2022. The company will also be filing a request for a name change and new ticker symbol with FINRA in the next few weeks.
Mr. Sanchez added, “We know that for many of our shareholders, the completion of this merger has been a long time coming. Although we have access to steady deal flow through our relationship with GoldQuest Group and other real estate brokers, we ask for your continued patience while we build out our loan portfolio over the next few years. We are really excited about the upcoming year.”
About AVVAA World Health Care Products, Inc.
AVVAA World Health Care Products, Inc./GoldQuest Capital, Inc. 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
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