American Vantage Companies Unable to Make 1940 Act Filings

LAS VEGAS, March 1 /PRNewswire-FirstCall/ -- American Vantage Companies ("AVCS" or the "Company" // (Pink Sheets: AVCS) // www.americanvantage.com), today announced that as a result of a continuing working capital shortage, the Company is unable to file its Semi-Annual Report for Registered Investment Companies on Form N-SAR or its Certified Shareholder Report of Registered Management Investment Companies on Form N-CSR for the reporting period ended December 31, 2009.

Certain statements in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Such forward-looking statements may be identified by words such as "anticipates," "believes," "can," "continue," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "should," or "will" or the negative of these terms or other comparable terminology.  Such statements and all phases of American Vantage Companies' operations are subject to known and unknown risks, uncertainties and other factors, including overall economic conditions and other factors and uncertainties as are identified in American Vantage Companies' Form 10-KSB for the year ended December 31, 2005 as well as the Company's filings under the Investment Company Act of 1940.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.  American Vantage Companies' actual results, levels of activity, performance or achievements may be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.  The Company undertakes no obligation to update the forward-looking statements in this press release.

SOURCE American Vantage Companies