SOURCE: ActionView International, Inc.

October 24, 2007 09:23 ET

ActionView International, Inc. Reports Additional Details of Company's Position as Public Vehicle for Dalian Chuming Group Merger Transaction

Over 80% of Financing Component Has Been Delivered by ActionView

VANCOUVER, BC--(Marketwire - October 24, 2007) - ActionView International, Inc. (OTCBB: AVWI) today reported additional details of its binding agreement with S3 Investment Company and its wholly owned Redwood Capital Inc. subsidiary, for ActionView International to serve as the public vehicle for the entrance of Dalian Chuming Group Co., LTD into the U.S. public markets.

As part of the agreement between the parties, ActionView is providing a financing component for the reverse merger transaction. Currently, ActionView has funded over 80% of its financing commitment.

Under terms of the agreement, ActionView is expected to exchange a specified percentage of its total issued and outstanding capital stock in exchange for all of Dalian Chuming Group's issued and outstanding shares. In addition to the base percentage, ActionView shareholders will retain another three times the value of the amount of the funding it has provided in equity of the new public company.

Dalian Chuming Group Co., LTD is a client of Redwood Capital (, which assists private Chinese companies to achieve listings in the U.S. public markets through reverse merger transactions.

Redwood Capital has a binding agreement with Dalian Chuming Group, under which Redwood will provide certain services related to the reverse merger, including the sourcing of a public company suitable for Dalian Chuming Group. ActionView International, a fully reporting Over-the-Counter Bulletin Board listed company has been selected to serve as the public vehicle for the Dalian Chuming Group reverse merger.

Dalian Chuming Group Co., LTD ( is a major producer and exporter of fresh and frozen pork and other cooked meat products. The Chuming Group is among a select group of industrialized farming corporations in northeastern China and is known for its international quality management standards and international safety certifications. In late 2006, the company officially opened a $2.9 million feedmill with a capacity of 200,000 tons per year that will support its expansion of pork production. The pursuit of a U.S. public listing is expected to allow the Chuming Group to expand into additional worldwide markets.

"We believe that the terms of ActionView's binding agreement with Redwood Capital positions its shareholders to benefit as a result of the planned reverse merger transaction," commented Rick Mari, director and chief executive officer of ActionView International. "The value of the equity piece in Dalian Chuming has the potential to be significant, given the historical financial results of this company. We look forward to completing our financing commitment for this transaction and will keep shareholders updated on our progress and the status of the transaction as frequently as possible."

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

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
    Email Contact