SOURCE: ActionView International, Inc.

November 15, 2007 10:39 ET

ActionView International, Inc. Files Quarterly Report

VANCOUVER, BC--(Marketwire - November 15, 2007) - ActionView International, Inc. (OTCBB: AVWI) today filed its quarterly report on Form 10-QSB for the period ended September 30, 2007. The 10-QSB filing discloses the progress of the clean up of debt that has been undertaken by ActionView in the period reflected in the quarterly filing.

ActionView International has entered into a binding agreement with Redwood Capital to serve as the public vehicle for a reverse merger transaction. Redwood Capital (www.redwoodcapinc.com) assists private Chinese companies to achieve listings in the U.S. public markets.

The quarterly filing details the reduction of the ActionView International's liabilities on the company's consolidated balance sheets. The balance sheets show a reduction of bank indebtedness, accounts payable and accrued liabilities, and convertible and other debt.

Rick Mari, director and chief executive officer of ActionView International, commented, "The 10-QSB reports includes many of the steps that have been taken to clear off the debt on ActionView's balance sheet. We are pleased to have completed the quarterly report and filed it on time, so that our shareholders can see the recent progress that the company has made."

About ActionView International, Inc.

ActionView International's operating subsidiary custom-designs, develops, and manufactures vividly illuminated motion billboards. ActionView places its signs into high traffic locations and markets advertising space on the signs. ActionView shares advertising revenue generated from the billboards with advertising agencies, the local business partner and the location owner. The benefit to advertisers is exposure in high traffic locations at reasonable costs due to the scrolling feature and multiple advertisers. For additional information about ActionView, please visit the company's website at www.actionviewinternational.com.

Forward-Looking Statements

This release contains 'forward-looking statements' within the meaning of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward-looking statements.' Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.

Contact Information

  • Contact:
    Gemini Financial Communications
    A. Beyer
    951-677-8073
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