Houston, TX (PRWEB) October 19, 2010
AvStar Aviation Group, Inc. (AAVG:OTCQB): Today I complete my first sixty days as President/CEO of AvStar Aviation Group, Inc. This period has been used to review the company's growth plans and capital sources. Along with the company's advisory team I have identified strategies to facilitate the growth of AvStar and its' subsidiaries while increasing the stockholder's equity.
In the next few weeks we will be announcing new dealership agreements, and the commencement of fueling operations by Twin Air Calypso Services, Inc. Also during this time, Twin Air Calypso Limited, Inc. will commence the refurbishing of our aircraft and finalize our expanded schedule for 2011.
At the corporate level our analysis of potential acquisitions to expand our existing operations is continuing. Additionally, several strategic alliances and affiliations that will provide support to our operating companies and open new growth opportunities for the future are in the final stages of negotiation.
I am excited about continuing these efforts and reporting their results to the market throughout the remainder of the year.
About AVSTAR Aviation: AVSTAR has a main focus on acquiring, consolidating, and growing businesses in the aviation industry. Also, the company is focusing on acquiring and/or developing companies that provide products and services for general aviation maintenance, repair, and inspections. For more information, please visit, http://www.avstarinc.com .
Forward-Looking Statements: Certain statements contained in this release issued by AVSTAR Aviation Group, Inc. (the "Company") that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are statements regarding the intent, belief, or current expectations, estimates, or projections of the Company, its directors, or its officers about the Company and the industry in which it operates and are based on assumptions made by management. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.
Clayton I. Gamber Jr.