$AVVH We are implementing new technology solutions to streamline our entire lending process and allow us to expand our loan portfolio quickly in the coming months. These solutions should handle our growth well into the future.
$AVVH We have obtained additional lending capital over the last few weeks. We will be deploying that capital to new loans soon. Our deal flow is strong so new capital is put to work very quickly.
$AVVH Our quarterly disclosure has been posted to OTCM. As expected, we had minimal incremental growth in our loan portfolio. Once we secure the additional capital sources we are working towards, our growth should accelerate at a considerably quicker pace.
$AVVH shareholders, as some of you have noticed from our recent filings, we have started holding loans on our books. We expect incremental portfolio growth in the short term. Once our additional capital sources are in place, we expect our portfolio size to accelerate quickly.
$AVVH shareholders, the attorney letter for our annual report will be filed soon. We are interviewing auditing firms and will initiate an audit of the company asap. We will provide more information on the status of the company soon and will provide regular updates going forward.
$AVVH shareholders, the first loans will be going into the company in July and will appear in the 1Q 2023 period ending Aug 30. We know the wait has been frustrating. We had many legal issues to work through and we are finally ready to move forward. Thanks for bearing with us.
$AVVH shareholders, we apologize for the brief delay in communications. We are still finalizing our initial capital but we are making progress. We expect to have our first loans on the books this fiscal quarter. We have also engaged IR experts to improve our communications.
Dear $AVVH Shareholders, we are still finalizing our investment capital using a combination of debt and equity that will be of maximum benefit to our shareholders.
The letter from our CEO detailing our business model and timeline should be out next week.
While the public venture is new to us, we have been active participants in the real estate market for 20+ years. We have complete confidence in our ability to execute our long-term plan and overcome any obstacles that present themselves. We thank you for your continued support.
$AVVH shareholders, when we acquired this shell last year, we attempted to cancel just over 1 billion shares of common stock issued by old management. 12 of our 13 cancelation requests were approved by the court and 944 million shares were canceled.
Our CEO will be releasing an open letter soon to provide you with a much clearer picture of our overall vision, including details of each business unit, major milestones for the coming year, and an explanation of how it all fits together.