Avid Sportswear and Golf Corp. (OTC Bulletin Board: AVSG) is pleased to announce that it has recently completed filing of Form 10-SB, general form for registration of securities of small business issuers, and as a result, the company has resumed trading on the Nasdaq OTC Bulletin Board.The company has also completed timely filing of its required quarterly 10-Q reporting with the Securities and Exchange Commission for the quarter ended March 31, 2000.In addition, Avid has successfully raised in excess of $3.0 million financing through a private placement offering.

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