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Aventura Resorts Receives $500,000 Working Capital.


BELLEVUE, Wash. -- Aventura Resorts, a leading developer of upscale motorcoach resorts has received a $500,000 working capital loan from Altus Ventures.

The funds will be used for working capital and the acquisition of two major motorcoach resorts in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).  and Florida plus a tract of view property overlooking o·ver·look  
tr.v. o·ver·looked, o·ver·look·ing, o·ver·looks
1.
a. To look over or at from a higher place.

b.
 the Sea of Cortez near La Paz La Paz, city, Bolivia
La Paz (lä päs), city (1992 pop. 713,378), W Bolivia, administrative capital (since 1898) and largest city of Bolivia. The legal capital is Sucre.
, Mexico.

About Aventura Resorts, Inc.

Aventura Resorts, (Pink Sheets: AVTJ) headquartered in Bellevue, Washington Bellevue is a rapidly growing city in King County, Washington, U.S., across Lake Washington from Seattle. Long known as a suburb or satellite city of Seattle,[1] it is now categorized as an edge city or a boomburb. , meets the needs of today's growing RV market through the design, planning, development and management of upscale ownership resorts. Aventura markets fee-simple deeded lots in a controlled density resort environment with amenities designed for the lifestyle needs of today's motorcoach owner.

Certain statements contained herein are "forward looking" statements as such term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Because statements include risks and uncertainties, actual results may differ materially from those expressed or implied and include, but are not limited to, those discussed in filings by the Company with the Securities and Exchange Commission.

For additional information visit Aventura's website: www.goaventura.com.
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Publication:Business Wire
Date:Jan 5, 2007
Words:178
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