MURRIETA, Calif., June 7, 2010 (GLOBE NEWSWIRE) -- ActionView International, Inc. (Pink Sheets:AVEW) today announced that, as part of its commitment to providing financial disclosure to shareholders and the public markets, the company has completed all of the filings and other required paperwork and has been upgraded to "Current Information" status at www.otcmarkets.com.
The company subscribed to the Pink OTC Markets' Disclosure and News Service earlier this year as a venue through which it would report quarterly and annual financial information and on May 14th, posted its Initial Company Information and Disclosure Statement to the OTC Markets site. ActionView recently posted its Quarterly Report for the period ended March 31, 2010 and intends to add all future quarterly and annual reports with the timeframes required to maintain "Current Information" status. "Current Information" is categorized as "Transparent" under the OTC Market system.
ActionView International's wholly-owned MatchFights subsidiary delivers the most exciting brand of full contact fighting under its World Championship Full Contact (WCFC) banner. MatchFights' events are broadcast live in television quality to a worldwide audience over the Internet, and revenue is derived from pay-per-view buys.
On Saturday, June 5th, the WCFC held the "WCFC II – Proving Ground" event at The Rail Event Center in Salt Lake City, Utah. More information on the event and the event broadcast will be included in a future news release.
"We are pleased to have achieved 'Current Information' at www.otcmarkets.com and to be categorized as 'Transparent' by the Pink OTC Markets' Disclosure and News Service," said Chairman and Chief Executive Officer Gary Nerison. "This has been a goal of ActionView from the time that MatchFights became the focus of the company's operations, and we believe that with this status, the company will be better positioned in the public market and will present a more attractive story to potential investors. Utilizing this venue will also help us to control the cost of reporting, which is another priority as we seek to grow the WCFC brand."
Fight fans, fighters, promoters, trainers and ring girls are encouraged to visit the WCFC website at www.wcfc.com to set up a personal profile and join the first and only comprehensive content driven MMA web community dedicated to fighting. The site harnesses the power of social networks, allowing users to connect and share information about their favorite fighters, fights and events. A comprehensive marketing program is expected to result in www.wcfc.com becoming the dominant fighting website in the world and draw consumers for WCFC events broadcast over the Internet.
Shareholders and anyone interested in monitoring the progress of the company are encouraged to subscribe to the electronic mailing list at www.actionviewint.com.
About ActionView International, Inc.
ActionView International (www.actionviewint.com), its wholly owned MatchFights, LLC subsidiary and the World Championship Full Contact brand deliver live, high-definition, pay-per-view events, including no-holds-barred, full contact fights, in an interactive venue over the Internet to a global audience. Revenue is derived from pay-per-view buys. The live events have broad appeal and include elements of fighting, music, ring girl contests, and other live entertainment as part of the broadcast. For additional information about MatchFights and its World Championship Full Contact brand, please visit www.wcfc.com and join the world's premier fight-based network.