American International Venture (AIVN.OB)

American International Ventures, Inc. does not have significant operations. The company intends to acquire or merge with other operating businesses. Previously, it engaged in the acquisition, exploration, and development of mineral properties, primarily gold and silver properties, in the United States. The company was founded in 1998 as American Precious Metals, Inc. and changed its name to American Global Enterprises, Inc. in November 2000. Further, it changed its name to American International Ventures, Inc. in December 2000. American International Ventures is based in Evergreen, Colorado.

For the nine months ended 28 February 2006, American International Ventures revenue totaled $15K, up from $0. Net loss decreased 37% to $107K. Revenues reflect that the Company is in its exploration stage and has started its operations. Lower loss reflects decrease in administrative expenses, lower geological fees & drilling costs, decreased consulting fees expense, lower press release expenses and absence of $10K officer options expense.