SOURCE: AVEW Holdings

September 23, 2015 07:30 ET

AVEW Holdings Inc.'s Stock DTC Approved

AUSTIN, TX--(Marketwired - Sep 23, 2015) - AVEW Holdings Inc. (OTC PINK: AVEW) today announced the Depository Trust & Clearing Corporation (DTCC) accepted eligibility of AVEW stock as of August 19, 2015.

Deposit Trust & Clearing Company was founded in 1973 as a limited purpose trust company and provides safekeeping through electronic record keeping of securities balances. Based in New York, the DTCC settles the large majority of securities transactions in the U.S.

As a clearing corporation, it will settle securities transactions for a fee. DTCC will facilitate the execution of a trade by transferring funds, assigning deliveries, and guaranteeing the performance of all obligations.

Jose Chavez, CEO, stated, "The electronic record keeping saves time, reduces cost, and guarantees transaction performance. We went an extra step after our stock reorganization to obtain DTCC approval."

Mr. Jay Ling, President, added, "DTCC eligibility is a major step in providing quick liquidity for our shareholders and will enhance AVEW's ability to discuss financing relationships not available to us prior to this event. It is another step in a positive direction of investor relations and corporate credibility."

The imposed twenty-day period by FINRA on the AVEWD stock symbol has expired as of 8/26/15. The AVEW Holdings Inc. symbol has reverted back to "AVEW".

AVEW Holdings Inc. continues to work on finalizing financial audits for the past two years and submit its application to OTC Markets to up list from OTC: PINK to OTC: QB.

About AVEW Holdings Inc.

AVEW Holdings Inc. is a collection of companies in different disciplines operating under a public held AVEW Holdings Inc. This gives strength and integrity to each division to weather our recessions, downturns, etc. in the economy. The companies of AVEW combined have a wealth of knowledge and experience along with the opportunity to consult with one another to share ideas and get input from other divisions.

AVEW includes a full service pool, spa and landscape design and construction company. New Generation Pools is a custom pool design and construction company that has won national and regional pool construction and design awards. Fantastic Pool Services is a maintenance and pool repair company doing business in Central Texas. Pegasus Construction Company is a residential remodel and new Construction Company servicing Central Texas. Pegasus also designs and installs landscaping and outdoor living kitchens, fireplaces, cabanas, and decks. Kustom Fence & Construction Company is a custom fence designer and builder serving the Hill Country. Tarragon Homes and Milagro Homes are a full custom and production home building and development companies. AVEW Development Company (TBF) will be involved in commercial mixed-use development.

Safe Harbor Statement:
AVEW cautions that statements made in press releases constitute forward-looking statements, and make no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.

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