AvStar Aviation Group, Inc. Applies for Authorization as Service Provider to Cuba
HOUSTON, Aug. 8, 2011 /PRNewswire/ -- AvStar Aviation Group, Inc. (AvStar) (OTCBB: AAVG) today announced that its wholly owned subsidiary, Twin Air Calypso Limited, Inc. (TACL), has applied to the United States Office of Foreign Assets Control for approval as a Carrier Service Provider, Travel Service Provider and Remittance Forwarder to the country of Cuba. These authorities will allow TACL to provide services to the Cuban-American community while the embargo continues and establish relationships for future business should the embargo be lifted.
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.
Contact:
Clayton I. Gamber Jr.
President/CEO
Phone: 713-965-7582
http://www.avstarinc.com
cgamber(at)avstarinc(dot)com
SOURCE AvStar Aviation Group, Inc.
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