AVATAR VENTURES CORP ANNOUNCES AMENDED AND EXTENDED CONTRACT WITH
AUTOARTS COLOR SOLUTIONS, INCREASES DISTRIBUTORSHIP FOR ALL OF THE
CARIBBEAN.
Carson City, NV -- March 10, 2016 -- InvestorsHub NewsWire
-- Avatar Ventures Corp. (OTCPINK:ATAR)
Avatar Ventures Corp. (AVATAR) is pleased to announce that due to
production issues with its supplier of heat transfer material,
AUTOART COLOR SOLUTIONS, both parties have mutually agreed to
extend the existing contract till July 31st, 2016. All other terms
remain constant. Due to the delay, AVATAR expects to make initial
shipments to Jamaica in March 2016 for training, market testing and
logistics.
Mr. Minnema stated that in respect to the amended agreement and
for clarification purposes, AVATARs own products developed by Mr.
Minnema will be available to market on a worldwide basis, while
AVATAR has the rights to distribute the heat transfer material in
the Caribbean under AVATARS own brand name, which has yet to be
determined.
The countries which AVATAR has the rights to distribute are as
follows, Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica,
Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Kitts and Nevis,
Saint Lucia, Saint Vincent and the Grenadines, Trinidad and Tobago,
Anguilla, Bermuda, British Virgin Islands, Cayman Islands, Turks
and Caicos Islands, Aruba, Curacao, Dominican Republic, Puerto Rico
and Sint Maarten.
AVATAR will open a new website eventually to showcase its
finished products which will be available initially in the
Caribbean, firstly Jamaica. The heat transfer products will also be
available through the new website. AVATAR will also provide videos
on Youtube for investors and the general public.
AVATAR and its heat transfer products provide a distinct
advantage over other processes. AVATAR has the ability to provide
one of t-shirts with no additional setup charges. You will simply
be able to send an email with what you wish on your shirt and we
will produce your one of. No set up fees or minimums.
ABOUT AVATAR
AVATAR is a company looking to enhance shareholder value through
acquisitions and or a merger. AVATAR does however have an agreement
with AutoArt Color Solutions of Oakville, Ontario, Canada, and over
the last while has been developing and testing unique t-shirt
products. AVATAR has the right to develop any product and sell
worldwide. AVATAR also has the right to use, promote, distribute
and sell products developed by AutoART in the Caribbean.
Safe Harbor Statement:
This release contains "forward looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and such forward looking statements are made pursuant to the safe
harbour provisions of the Private Securities Litigation Reform Act
of 1995."Forward looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan," or planned, "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward looking statements, including the risks that actual results
may differ materially from those projected in the forward looking
statements.