22-Nov-2010
Changes in Registrant's Certifying Accountant
Item 4.01 Changes in Registrant's Certifying Accountant
On or about October 5, 2010, the Board of Directors of AVT, Inc., a Nevada corporation (the "Company"), received notice that its primary auditor, Larry O'Donnell, CPA, P.C ("O'Donnell"), had resigned.
On October 20, 2010, the Board of Directors approved De Joya Griffith & Company, LLC, Certified Public Accountants & Consultants, 2580 Anthem Village Drive, Henderson, Nevada 89052 ("De Joya"), as the Corporation's primary auditor.
On or about November 8, 2010, the Board of Directors dismissed De Joya as the Company primary auditor.
During the Company's two most recent fiscal years and any subsequent interim period preceding the dismissal of De Joya, there were no reportable events or disagreements with De Joya on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of De Joya, would have caused the Company to make reference to the subject matter of the disagreement(s) in connection with this report.
De Joya did not make any reports on our financial statements.
On November 8, 2010, the Board of Directors approved Malcolm L. Pollard, Inc., 4845 W. Lake Road, #119, Erie, PA 16505 ("Pollard") as the Company's primary auditor. During the Company's two most recent fiscal years and any subsequent interim period prior to engaging Pollard, the Company did not consult with Pollard regarding the application of accounting principle to a specific transaction, or the type of audit opinion that might be rendered on the Company financial statements, or any matter that was the subject of disagreement with our former accountant or a reportable event.
The Company has provided a copy of this disclosure to De Joya and requested that De Joya furnish the Company with a letter, within the time periods prescribed by Item 304 (a)(3) of Regulation S-K of Securities and Exchange Act of 1934, addressed to the Securities and Exchange Commission stating whether De Joya agrees with the statements made by the Company and, if not, stating the respects in which De Joya does not agree.
A copy of the former accountants' response to this Report on Form 8-K is attached hereto as Exhibit 16.1.
Monday, November 22, 2010
Tuesday, November 9, 2010
AVT Featured on Fox Business News
Company Founder Shannon Illingworth Interviewed
CORONA, CA--(Marketwire - 11/09/10) - AVT, Inc., (formerly Automated Vending Technologies) (Pinksheets:AVTC - News) (www.avtinconline.com).
Shannon Illingworth, the founder of AVT, Inc., was featured on a special segment of Fox Business News about emerging companies with significant growth potential. The program was broadcast from the International FSX Conference in Phoenix, Arizona, where AVT was a guest presenter. Illingworth was asked to be on the program to discuss the future growth plans for AVT, and provide insight into some of the new technologies, programs, and products the company is developing.
AVT is a leader in the Automated Retailing Industry, and recently announced a new product line-up that includes ultra-high end systems that can be used in malls, retail stores, airports, college campuses, hotels and cosmetic departments. These units feature exotic materials, beautiful woods and fashion-forward architecture, and come with a unique robotic arm that dispenses up to 150 items of all types, from cell phone to swimsuits, cameras to cologne.
AVT is also at the forefront of Interactive Advertising, and has feature integrated LCD screens in their new product line-up that can be programmed to play advertisements, offer coupons, and reach consumers right at the point of purchase.
The company plans on rolling out thousands of new IVIDS units in the next 12 months.
"Advertisers are looking at the increasing costs and diminishing return on traditional advertising mediums, such as radio, television, newspapers and magazines,'' Illingworth stated. ''Through our proprietary IVIDS system (Interactive Video Downloading and Product Dispensing System), advertisers will have the opportunity to place ads throughout our network -- either as video commercials or as text messages -- and reach consumers at the critical point of making a purchasing decision."
Illingworth was interviewed by Steve Crowley, the host of American Scene Radio and former Money Editor at ABC's Good Morning America. Crowley is one of the best financial reporters in the industry, according to Steve Forbes, publisher of Forbes Magazine. "Crowley is an excellent interviewer, which is why I say yes whenever he invites me on," Forbes commented.
To listen to the Shannon Illingworth interview, go to www.cnncapnews.com
For more information on AVT, visit AVT's Website at: www.avtinconline.com, or call James Winsor, Chief Executive Officer and Chief Engineering Officer, at 951-737-1057.
CORONA, CA--(Marketwire - 11/09/10) - AVT, Inc., (formerly Automated Vending Technologies) (Pinksheets:AVTC - News) (www.avtinconline.com).
Shannon Illingworth, the founder of AVT, Inc., was featured on a special segment of Fox Business News about emerging companies with significant growth potential. The program was broadcast from the International FSX Conference in Phoenix, Arizona, where AVT was a guest presenter. Illingworth was asked to be on the program to discuss the future growth plans for AVT, and provide insight into some of the new technologies, programs, and products the company is developing.
AVT is a leader in the Automated Retailing Industry, and recently announced a new product line-up that includes ultra-high end systems that can be used in malls, retail stores, airports, college campuses, hotels and cosmetic departments. These units feature exotic materials, beautiful woods and fashion-forward architecture, and come with a unique robotic arm that dispenses up to 150 items of all types, from cell phone to swimsuits, cameras to cologne.
AVT is also at the forefront of Interactive Advertising, and has feature integrated LCD screens in their new product line-up that can be programmed to play advertisements, offer coupons, and reach consumers right at the point of purchase.
The company plans on rolling out thousands of new IVIDS units in the next 12 months.
"Advertisers are looking at the increasing costs and diminishing return on traditional advertising mediums, such as radio, television, newspapers and magazines,'' Illingworth stated. ''Through our proprietary IVIDS system (Interactive Video Downloading and Product Dispensing System), advertisers will have the opportunity to place ads throughout our network -- either as video commercials or as text messages -- and reach consumers at the critical point of making a purchasing decision."
Illingworth was interviewed by Steve Crowley, the host of American Scene Radio and former Money Editor at ABC's Good Morning America. Crowley is one of the best financial reporters in the industry, according to Steve Forbes, publisher of Forbes Magazine. "Crowley is an excellent interviewer, which is why I say yes whenever he invites me on," Forbes commented.
To listen to the Shannon Illingworth interview, go to www.cnncapnews.com
For more information on AVT, visit AVT's Website at: www.avtinconline.com, or call James Winsor, Chief Executive Officer and Chief Engineering Officer, at 951-737-1057.
Subscribe to:
Posts (Atom)
