Avp Inc (AVPI) 10K Annual Reports & 10Q SEC Filings

LOS ANGELES, November 13, 2008 -- AVP, Inc. (OTC Bulletin Board: AVPI), a lifestyle sports entertainment company focused on professional beach volleyball, today announced financial results for its 2008 third quarter ended September 30, 2008.

Third Quarter 2008 Highlights:

AVP CROCS TOUR - Successfully completed the 25^th season of AVP Inc.’s flagship property, the AVP Crocs Tour. The summer-long tour season brings the world’s best beach volleyball competition and entertainment to each of the 18 tour stops. The tour in Q3 featured both the men’s and women’s 2008 Olympic gold medal winning teams.

NATIONAL TELEVISION BROADCASTS - Two AVP Crocs Tour finals were featured on national network television. Following the Olympics, NBC extended its coverage of Beach Volleyball airing the women’s final of the AVP Crocs Cup Shootout presented by Bud Light Mason and the AVP’s Flagship event, the AVP Crocs Cup Shootout presented by Bud Light Manhattan Beach Open women’s final featured on FOX Sports.

For the three months ended September 30, 2008, the Company reported revenue of $14.0 million, compared to the $12.8 million reported for the same period in 2007. Net loss for the third quarter of 2008 was ($0.04 million), or a loss of ($0.00) per share, as compared to a net loss of ($0.76 million), or ($0.04) per share, for the same period last year.

Net loss for the first nine months of 2008 was ($3.3 million), or a loss of ($0.15) per share, as compared to a net loss of ($2.0 million), or ($0.10) per share, for the same period last year.

“Throughout these trying economic times, we continue to maintain our focus on the growth and development of our sport and brand and sharpen our focus on increasing value to our shareholders,” said Leonard Armato, Chief Executive Officer of AVP, Inc. “We could not be more proud of the performance of our athletes this summer on the AVP Crocs Tour and in Beijing. Without a doubt our athletes are instrumental in the continued growth, awareness, and success of our sport and we look forward to seeing many of our world class athletes continue to compete in the winter tour.”

“As we prepare to extend our elite competition into the winter months for a second year of the AVP Johnsonville Hot Winter Nights Indoor Beach Volleyball Tour, we are sure this one-of-a-kind tour will provide a slice of our summer tour at each stop, something we are confident everyone will enjoy.”

The following information was filed by Avp Inc (AVPI) on Thursday, November 13, 2008 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

Please wait while we load the requested 10-Q report or click the link below:

https://last10k.com/sec-filings/report/930817/000114420408064005/v131157_10q.htm

View differences made from one quarter to another to evaluate Avp Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ) — *Sample 10-K Year-over-Year (YoY) Comparison*

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were ~~removed~~ , added and changed by Avp Inc.

Continue

Assess how Avp Inc's management team is paid from their Annual Proxy

Avp Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2008 10-K Annual Report includes:

Voting Procedures
Board Members
Executive Team
Salaries, Bonuses, Perks
Peers / Competitors

Continue

Ticker: AVPI
CIK: 930817
Form Type: 10-Q Quarterly Report
Accession Number: 0001144204-08-064005
Submitted to the SEC: Fri Nov 14 2008 1:01:00 PM EST
Accepted by the SEC: Fri Nov 14 2008
Period: Tuesday, September 30, 2008
Industry: Membership Sports And Recreation Clubs