SOURCE: AV1 Group

AV1 Group

June 02, 2015 08:30 ET

AV1 Group Reduces Authorized Shares by 7.5 Billion Reducing the Current Structure by Fifty Percent

LA JOLLA, CA--(Marketwired - Jun 2, 2015) - AV1 Group, Inc. (OTC PINK: AVOP) is pleased to announce that the Company has submitted an Amendment to its Articles of Incorporation to reduce its authorized common share structure by 50% down to 7.5 Billion.

The Company has determined to enhance shareholder value in a constructive manner, creating an environment for expansion where the Company, its employees, partners and its valued investors alike can mutually benefit from the continued growth of the Company and its divisions.

After a comprehensive evaluation of all viable options, the Board of Directors has determined that it is against the Company's best interest, and the interest of its shareholders, to enter into any commitments involving toxic financing. The Company also seeks to reiterate that there are no plans to reverse split the common share structure in its strategy for 2015.

AV1 Group, Inc. was recently recognized in Viridian's 2014 Review and 2015 Outlook as the third best performer, according to their M&A review, having experienced an increase of 17.6%, after the company completed the due diligence process and entered into a definitive agreement for the acquisition of the assets of VaporHighUSA.com, a new ecommerce website, online retailer of State-of-the-Art vapor related essentials. The Report can be read in its entirety on the Company's corporate website: www.Av1Group.com

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/

Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

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