AVAF Avasoft, Inc. featured news, full reports, and detailed charts
Avasoft, Inc. (AVAF/AVAF.PK) Wrap Up:
Avasoft, Inc. sells ice cream products in the United States. The company offers soft serve ice cream in various flavors, including vanilla, strawberry, mint marble, cookies ?n cream, and chocolate. It places portable dispenser machines at cafeterias and concession outlets through a network of food brokers and distributors. The company was founded in 2005 and is headquartered in Rocklin, California. On May 30, 2008, Avasoft, Inc. filed a voluntary petition for liquidation under Chapter 7 in the US Bankruptcy Court for the Eastern District of California.Avasoft, Inc. (AVAF:OTC)
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Key developments for Avasoft, Inc. (AVAF)
Common stock of Avasoft, Inc. has been deleted from OTC Bulletin Board effective May 20, 2008, on account of its failure to comply with NASD 6530. The company has been added to Other OTC.
On 04/01/2008, Avasoft, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
McGill Technology Limited has filed a patent infringement suit against Avasoft Inc. for directly infringed, contributory infringed and/or induced the infringement of said Letters Patent No. 6,182,862 by making, using, selling and offering to sell their Avasoft frozen product dispensers. The infringement lawsuit was issued on November 7, 2007 (case number 2:2007cv14783) and served one week later upon Avasoft Inc. at their Nevada facility on November 12, 2007.
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