Av1 Group Looks to Secure Interest in Housing Development Project in Mexico
NEW YORK, Feb 24, 2011 (GlobeNewswire via COMTEX) -- AV1 Group, Inc. (Pink Sheets:AVOP) (www.av1group.com) announces today that after lengthy discussions with a local land owner of more than 400 acres in Mexico, Av1 Group’s management team is proud to announce that a letter of intent is in the process of being drafted up. If this deal goes through, a local wholly owned subsidiary of Av1 Group will enter into a direct partnership with a local developer to begin building homes on the site. A member of Av1 Group’s board stated “This would be more of a long term project for us. Our goal