ANN ARBOR, MI, Oct. 20 /PRNewswire-FirstCall/ - American Antiquities -
(AAQS-OTC BB) The Company is pleased to announce that the Board of Directors
have authorized the CEO to pursue and seek other businesses for the Company.
The Company is looking into the Natural Resources sector in North America and
has initiated preliminary correspondence to look in other jurisdictions
outside North America.
As previously stated in our 8-K filing
"We are currently working on completing milestone 1. # one milestone needs to
be completed to pursue any other milestone.
As funds from advances, private funding and future revenues allow, we will
commence ongoing operations which include:
- making purchases for resale and to resell such items at trade shows,
retail outlets or through internet websites
- accepting consignments for sale and resell at trade shows, to
customers through mailing lists, retail outlets or through the
internet
- making purchases for auction and sell through live auctions on Ebay,
Yahoo, TIAS or other web applications;
- accepting consignments for auction and sell on online auctions; and
- attending trade shows and make exhibits.
The costs and expenses involved in pursuing our ongoing operations are
variable and will be based on market conditions. There is no way to determine
specific costs in advance."
Due to the sluggish economic environment, the Company has suffered several
setbacks but we continue to pursue other business ventures we feel will be
suitable for the Company.
As the AAQS CEO commented, "We are very interested in moving forward to
capitalize on other opportunities that we feel will enhance shareholder value.
FORWARD LOOKING STATEMENTS
The statements contained herein which are not historical are forward-looking
statements that are subject to risk and uncertainties that could cause actual
results to differ materially from those expressed, including but not limited
to, certain delays beyond the Company's control with respect to market
acceptance of new ventures or products, delays in testing and evaluation of
products, and other risks detailed from time to time in the Company's press
releases.
SOURCE American Antiquities, Inc.
American Antiquities, Inc, Email: aainc05@yahoo.com; Company Officers, Joseph
A. Merkel, President, CEO, Kevin T. Quinlan, Secretary/Treasurer, CFO
