<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>BP 52377 -- Avenue Group -- S-8</TITLE>
<META NAME="keywords" CONTENT="Bassett Press, SEC EDGAR Filing Agent, EDGAR, Annual Reports, Prospectus">
<META NAME="author" CONTENT="Jacqueline V. Dittrich">
<META NAME="date" CONTENT="04/22/2004">
</HEAD>
<BODY style="line-height:12pt; font-size:10pt; color:#000000">
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=right>As Filed with the Securities and Exchange Commission on April 23, 2004</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=right>Registration No. 333-_____</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:12.85pt; font-family:Times New Roman; font-size:12pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>Washington, D.C. 20549</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center>&#151;&#151;&#151;&#151;&#151;&#151;&#151;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>FORM S-8</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>REGISTRATION STATEMENT</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>Under the</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>SECURITIES ACT OF 1933</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center>&#151;&#151;&#151;&#151;&#151;&#151;&#151;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:14.65pt; font-family:Times New Roman; font-size:14pt" align=center><B>AVENUE GROUP, INC.</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><I>(Exact Name of Registrant as Specified in its Charter)</I></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<TABLE style="margin-right:126pt" cellspacing=0><TR><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt" align=center><B>Delaware</B></P>
</TD><TD valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt" align=center><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></P>
</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt" align=center><B>98-0200077</B></P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><I>(State&nbsp;or&nbsp;Other&nbsp;Jurisdiction&nbsp;of&nbsp;Incorporation&nbsp;</I></P>
<P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><I>or&nbsp;Organization)</I></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><I>(IRS&nbsp;Employer</I></P>
<P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><I>Identification&nbsp;No.)</I></P>
</TD></TR>
<TR><TD valign=top colspan=3><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt" align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>17547 Ventura Boulevard, Suite 305</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>Encino, California 91316</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><I>(Address of Principal Executive Offices)</I></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center>&#151;&#151;&#151;&#151;&#151;&#151;&#151;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>AVENUE GROUP, INC. AMENDED AND RESTATED 2000 STOCK OPTION PLAN</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><I>(Full Title of the Plan)</I></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center>&#151;&#151;&#151;&#151;&#151;&#151;&#151;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>Jonathan Herzog</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>17547 Ventura Boulevard, Suite 305</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>Encino, California 91316</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><I>(Name and Address of Agent for Service)</I></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>(818) 465-1200</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><I>(Telephone number, including area code, of agent for service)</I></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center>Copies of Communications to:</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>BARRY L. BURTEN, ESQ.</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>Jeffer, Mangels, Butler &amp; Marmaro LLP</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>1900 Avenue of the Stars, 7th Floor</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>Los Angeles, California 90067</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>(310) 203-8080</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<BR>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; line-height:11.05pt; font-family:Times New Roman" align=center><B>CALCULATION OF REGISTRATION FEE</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<TABLE style="margin-right:126pt" cellspacing=0><TR><TD style="border-left:2pt double #000000; border-top:2pt double #000000; border-right:0.5pt solid #000000; border-bottom:0.5pt solid #000000"><P style="margin:0pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Title of Securities</B></P>
<P style="margin:0pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>to be</B></P>
<P style="margin-top:0pt; margin-bottom:0.65pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Registered(1)</B></P>
</TD><TD style="border-top:2pt double #000000; border-right:0.5pt solid #000000; border-bottom:0.5pt solid #000000"><P style="margin:0pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Amount</B></P>
<P style="margin:0pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>to be</B></P>
<P style="margin-top:0pt; margin-bottom:0.65pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Registered(1)</B></P>
</TD><TD style="border-top:2pt double #000000; border-right:0.5pt solid #000000; border-bottom:0.5pt solid #000000"><P style="margin:0pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Proposed</B></P>
<P style="margin:0pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Maximum Offering</B></P>
<P style="margin-top:0pt; margin-bottom:0.65pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Price Per Share(2)</B></P>
</TD><TD style="border-top:2pt double #000000; border-right:0.5pt solid #000000; border-bottom:0.5pt solid #000000"><P style="margin:0pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Proposed</B></P>
<P style="margin:0pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Maximum Aggregate</B></P>
<P style="margin-top:0pt; margin-bottom:0.65pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Offering Price(2)</B></P>
</TD><TD style="border-top:2pt double #000000; border-right:2pt double #000000; border-bottom:0.5pt solid #000000"><P style="margin:0pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Amount of</B></P>
<P style="margin:0pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Registration</B></P>
<P style="margin-top:0pt; margin-bottom:0.65pt; line-height:9.25pt; font-family:Times New Roman; font-size:8pt" align=center><B>Fee(2)</B></P>
</TD></TR>
<TR><TD style="border-left:2pt double #000000; border-right:0.5pt solid #000000" valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD style="border-right:0.5pt solid #000000" valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt" align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD style="border-right:0.5pt solid #000000" valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt" align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD style="border-right:0.5pt solid #000000" valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt" align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD style="border-right:2pt double #000000" valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt" align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD></TR>
<TR><TD style="border-left:2pt double #000000; border-right:0.5pt solid #000000; border-bottom:2pt double #000000" valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Common Stock, par value </P>
<P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">$0.0002 per share, issuable </P>
<P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">upon the exercise of options </P>
<P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">granted under Avenue Group, Inc. </P>
<P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Amended and Restated </P>
<P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">2000 Stock Option Plan</P>
</TD><TD style="border-right:0.5pt solid #000000; border-bottom:2pt double #000000" valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt" align=center>15,000,000 shares</P>
</TD><TD style="border-right:0.5pt solid #000000; border-bottom:2pt double #000000" valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt" align=center>$0.36</P>
</TD><TD style="border-right:0.5pt solid #000000; border-bottom:2pt double #000000" valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt" align=center>$5,400,000</P>
</TD><TD style="border-right:2pt double #000000; border-bottom:2pt double #000000" valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt" align=center>$684.18</P>
</TD></TR>
</TABLE>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:36pt; text-indent:-36pt; width:450pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:18pt; text-indent:-18pt; width:468pt; font-family:Times New Roman">(1)</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:18pt; width:468pt; line-height:11.05pt; font-family:Times New Roman">Pursuant to Rule 416 under the Securities Act of 1933, as amended, this Registration Statement covers shares of Common Stock that will become issuable upon the exercise of options granted under the Avenue Group, Inc. Amended and Restated 2000 Stock Option Plan and an indeterminate number of shares of Common Stock that may become issuable by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the receipt of consideration that results in an increase in the number of outstanding shares of Common Stock. </P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:18pt; text-indent:-36pt; width:468pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:18pt; text-indent:-18pt; width:468pt; font-family:Times New Roman">(2)</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:18pt; width:468pt; line-height:11.05pt; font-family:Times New Roman">Estimated solely for the purpose of calculating the registration fee, pursuant to Rule 457(c) and (h) of the Securities Act of 1933, upon the basis of the closing price per share of the Registrant&#146;s common stock as reported on the Over the Counter Bulletin Board on April 20, 2004.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:36pt; text-indent:-36pt; width:450pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<BR>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center>ii</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><B>PART I</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><B>Item 1.&nbsp;&nbsp;Plan Information</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman">The document(s) containing the information specified in Part I will be sent or given to employees as specified by Rule 428(b)(1). Such documents are not being filed with the Securities and Exchange Commission either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424. Such documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of this Registration Statement, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities&nbsp;Act.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><B>Item 2.&nbsp;&nbsp;Registrant Information and Employee Plan Annual Information</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman">The participants shall be provided a written statement notifying them that upon written or oral request they will be provided, without charge, (i) the documents incorporated by reference in Item 3 of Part II of the Registration Statement, and (ii) other documents required to be delivered pursuant to Rule 428(b). The statement will inform the participants that these documents are incorporated by reference in the Section 10(a) prospectus, and shall include the address (giving title or department) and telephone number to which the request is to be directed.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><B>PART II</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><B>Item 3.&nbsp;&nbsp;Incorporation of Documents by Reference</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman">The following documents are incorporated by this reference into this Registration Statement:</P>
<P style="margin-top:10pt; margin-right:126pt; margin-bottom:-14pt; padding-left:54pt; text-indent:-18pt; width:432pt; line-height:14pt; font-family:Times New Roman">1.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:54pt; width:432pt; font-family:Times New Roman">The Registrant&#146;s Annual Report on Form 10-KSB for the year ended December 31, 2003, filed pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the &#147;Exchange&nbsp;Act&#148;).</P>
<P style="margin-top:10pt; margin-right:126pt; margin-bottom:-14pt; padding-left:54pt; text-indent:-18pt; width:432pt; line-height:14pt; font-family:Times New Roman">2.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:54pt; width:432pt; font-family:Times New Roman">The Registrant&#146;s Current Report on Form 8-K filed on January 22, 2004 announcing the issuance by the Registrant of a press release relating to the execution by Avenue Energy, Inc., a wholly owned subsidiary of the Registrant, of new joint operating and related agreements with Aladdin Middle East Ltd and its affiliates covering drilling and production operations in&nbsp;Turkey.</P>
<P style="margin-top:10pt; margin-right:126pt; margin-bottom:-14pt; padding-left:54pt; text-indent:-18pt; width:432pt; line-height:14pt; font-family:Times New Roman">3.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:54pt; width:432pt; font-family:Times New Roman">Description of the Registrant&#146;s Common Stock as set forth in Item 12 of the Registrant&#146;s Form SB-2 Post-Effective Amendment No. 4, dated February 12, 2001.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman">All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities registered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents, except as to any portion of any future annual or quarterly report to stockholders or document that is not deemed filed under such provisions. For purposes of this Registration Statement, any statement in a document incorporated by reference shall be deemed to be modified or superseded to the extent that a statement contained in this Registration Statement modifies or supersedes a statement in such document. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement. </P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><B>Item 4.&nbsp;&nbsp;Description of Securities</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman">Not Applicable.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<BR>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><B>Item 5.&nbsp;&nbsp;Interests of Named Experts and Counsel</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman">No expert or our counsel was hired on a contingent basis, or will receive a direct or indirect interest in the Registrant or was a promoter, underwriter, voting trustee, director, officer, or employee of the Registrant, at any time prior to the filing of this Registration Statement.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><B>Item 6.&nbsp;&nbsp;Indemnification of Directors and Officers.</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:72pt; width:486pt; font-family:Times New Roman">Under Section&nbsp;145 of the Delaware General Corporation Law, the Registrant has broad powers to indemnify its directors and officers against liabilities they may incur in such capacities, including liabilities under the Securities Act of 1933, as amended (the &#147;Securities Act&#148;). The Delaware General Corporation Law authorizes corporations to limit or eliminate the personal liability of directors to corporations and their stockholders for monetary damages for breaches of directors&#146; applicable duties. The Registrant&#146;s certificate of incorporation includes a provision that eliminates the personal liability of the Registrant&#146;s directors for monetary damages for actions taken as a director, except for liability:</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman" align=justify><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:54pt; text-indent:-18pt; width:432pt; font-family:Times New Roman">&#8226;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:54pt; width:432pt; font-family:Times New Roman">for any breach of the director&#146;s duty of loyalty to us or our stockholders;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:54pt; text-indent:-18pt; width:432pt; font-family:Times New Roman">&#8226;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:54pt; width:432pt; font-family:Times New Roman">for acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of&nbsp;law;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:54pt; text-indent:-18pt; width:432pt; font-family:Times New Roman">&#8226;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:54pt; width:432pt; font-family:Times New Roman">under Section 174 of the Delaware General Corporation Law regarding unlawful dividends and stock purchases;&nbsp;and</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:54pt; text-indent:-18pt; width:432pt; font-family:Times New Roman">&#8226;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:54pt; width:432pt; font-family:Times New Roman">for any transaction from which the director derived an improper personal benefit.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman" align=justify><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman">The Registrant&#146;s certificate of incorporation also includes the following provisions regarding indemnification of its directors and&nbsp;officers:</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:54pt; text-indent:-18pt; width:432pt; font-family:Times New Roman">&#8226;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:54pt; width:432pt; font-family:Times New Roman">the Registrant must indemnify its directors and officers to the fullest extent permitted by Delaware law, subject to very limited&nbsp;exceptions;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:54pt; text-indent:-18pt; width:432pt; font-family:Times New Roman">&#8226;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:54pt; width:432pt; font-family:Times New Roman">the Registrant may indemnify its other employees and agents to the same extent that it indemnifies its directors and officers;&nbsp;and</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:54pt; text-indent:-18pt; width:432pt; font-family:Times New Roman">&#8226;</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:54pt; width:432pt; font-family:Times New Roman">the Registrant must advance expenses, as incurred, to its directors and officers in connection with legal proceedings to the fullest extent permitted by Delaware law, subject to very limited&nbsp;exceptions.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman" align=justify><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman">In addition, the Registrant&#146;s directors&#146; and officers&#146; insurance provides indemnification for certain securities&nbsp;matters. </P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman" align=justify><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><B>Item 7.&nbsp;&nbsp;Exemption from Registration Claimed</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman"><B></B>Not Applicable.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><B>Item 8.&nbsp;&nbsp;Exhibits</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<TABLE style="margin-right:126pt" cellspacing=0><TR><TD style="border-bottom:0.5pt solid #000000" valign=top><P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt"><B>Exhibit&nbsp;No.</B></P>
</TD><TD valign=top>&nbsp;</TD><TD style="border-bottom:0.5pt solid #000000" valign=top><P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt"><B>Description</B></P>
</TD></TR>
<TR><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:13.25pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">3.1</P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Certificate of Incorporation of the Registrant, Incorporated by reference to Exhibit 3.1 to the Company&#146;s </P>
<P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Registration Statement on Form SB-2 dated February 14, 2000, Commission File No. 333-30364.</P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:18pt; font-family:Times New Roman; font-size:6pt"><BR></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top>&nbsp;</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:13.25pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt"><A HREF="amendedstockoptionplan42.htm"><FONT COLOR=#0000FF><U>4.2</U></FONT></A></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Avenue Group, Inc. Amended and Restated 2000 Stock Option Plan </P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:18pt; font-family:Times New Roman; font-size:6pt"><BR></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top>&nbsp;</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:13.25pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt"><A HREF="legalopinion51.htm"><FONT COLOR=#0000FF><U>5.1</U></FONT></A></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Opinion of Jeffer, Mangels, Butler &amp; Marmaro LLP </P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:18pt; font-family:Times New Roman; font-size:6pt"><BR></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top>&nbsp;</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:8.5pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt"><A HREF="auditorconsent241.htm"><FONT COLOR=#0000FF><U>24.1</U></FONT></A></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Consent of Weinberg &amp; Company, P.A., Independent Certified Public Accountants</P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:18pt; font-family:Times New Roman; font-size:6pt"><BR></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top>&nbsp;</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:8.5pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt"><A HREF="legalopinion51.htm"><FONT COLOR=#0000FF><U>24.2</U></FONT></A></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Consent of Counsel (contained in Exhibit 5.1)</P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:18pt; font-family:Times New Roman; font-size:6pt"><BR></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top>&nbsp;</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:8.5pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt"><A HREF="#poa"><FONT COLOR=#0000FF><U>25.1</U></FONT></A></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Power of Attorney (contained on signature page)</P>
</TD></TR>
</TABLE>
<BR>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center>2</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><B>Item 9.&nbsp;&nbsp;Undertakings</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman">The undersigned registrant hereby undertakes: </P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:56.25pt; text-indent:-18pt; width:429.75pt; font-family:Times New Roman">(1)</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:56.25pt; width:429.75pt; font-family:Times New Roman">To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement; to include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act; to reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement; and to include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or any material change to such information in this Registration Statement. </P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:56.25pt; text-indent:-18pt; width:429.75pt; font-family:Times New Roman">(2)</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:56.25pt; width:429.75pt; font-family:Times New Roman">That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new Registration Statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. </P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:56.25pt; text-indent:-18pt; width:429.75pt; font-family:Times New Roman">(3)</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:56.25pt; width:429.75pt; font-family:Times New Roman">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering. </P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:56.25pt; text-indent:-18pt; width:429.75pt; font-family:Times New Roman">(4)</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:56.25pt; width:429.75pt; font-family:Times New Roman">That, for the purposes of determining any liability under the Securities Act, each filing of the Registrant&#146;s annual report pursuant to Section&nbsp;13(a) or Section&nbsp;15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan&#146;s annual report pursuant to Section&nbsp;15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in this Registration Statement shall be deemed to be a new Registration Statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. </P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:-12pt; padding-left:56.25pt; text-indent:-18pt; width:429.75pt; font-family:Times New Roman">(5)</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; padding-left:56.25pt; width:429.75pt; font-family:Times New Roman">Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been informed that in the opinion of the Commission, such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable. &nbsp;In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered under this Registration Statement, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<BR>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center>3</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><B>SIGNATURES</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all the requirements for filing on Form&nbsp;S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Melbourne, Australia, on the 21st&nbsp;day of April,&nbsp;2004.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<TABLE style="margin-right:126pt" cellspacing=0><TR><TD valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></P>
</TD><TD valign=top colspan=2><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt"><B>AVENUE&nbsp;GROUP,&nbsp;INC.</B></P>
</TD></TR>
<TR><TD valign=top>&nbsp;</TD><TD valign=top colspan=2>&nbsp;</TD></TR>
<TR><TD valign=top>&nbsp;</TD><TD valign=top colspan=2>&nbsp;</TD></TR>
<TR><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">By&nbsp;&nbsp;</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt">/s/&nbsp;L<SMALL>EVI<BIG>&nbsp;M<SMALL>OCHKIN<BIG>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD></TR>
<TR><TD valign=top>&nbsp;</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Levi&nbsp;Mochkin,&nbsp;</P>
<P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">President&nbsp;and&nbsp;Chief&nbsp;Executive&nbsp;Officer</P>
</TD></TR>
</TABLE>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<A NAME="poa"></A><P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><B>POWER OF ATTORNEY</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman">KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Levi Mochkin and Jonathan Herzog, jointly and severally, his attorneys-in-fact, each with the power of substitution, for him in any and all capacities, to sign any amendments (including post-effective amendments) to this Registration Statement on Form S-8, and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his substitute or substitutes, may do or cause to be done by virtue hereof.</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:72pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:36pt; width:486pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons on behalf of the Company in the capacities and on the date indicated.</P>
<P style="margin:0pt; padding-right:90pt; width:522pt; font-family:Times New Roman"><BR></P>
<TABLE style="margin-right:126pt" cellspacing=0><TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom><P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>SIGNATURE</B></P>
</TD><TD valign=bottom>&nbsp;</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom><P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>TITLE</B></P>
</TD><TD valign=bottom>&nbsp;</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom><P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>DATE</B></P>
</TD></TR>
<TR><TD valign=bottom><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD valign=bottom>&nbsp;</TD><TD valign=bottom><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD valign=bottom>&nbsp;</TD><TD valign=bottom>&nbsp;</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt">/s/ L<SMALL>EVI<BIG> M<SMALL>OCHKIN<BIG> </P>
</TD><TD valign=top rowspan=2><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD valign=top rowspan=2><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">President, Chief Executive Officer and Director</P>
</TD><TD valign=top rowspan=2><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt" align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD valign=top rowspan=2><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt" align=center>April 21, 2004</P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Levi Mochkin</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt">/s/ (Y<SMALL>AM<BIG>-H<SMALL>IN<BIG>) J<SMALL>IM<BIG> T<SMALL>AN</SMALL></P>
</TD><TD valign=top rowspan=2>&nbsp;</TD><TD valign=top rowspan=2><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt"><BR></P>
<P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Chief Financial Officer and Director</P>
</TD><TD valign=top rowspan=2>&nbsp;</TD><TD valign=top rowspan=2><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt" align=center><BR></P>
<P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt" align=center>April 21, 2004</P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">(Yam-Hin) Jim Tan</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt">/s/ J<SMALL>ONATHAN<BIG> H<SMALL>ERZOG</SMALL></P>
</TD><TD valign=top rowspan=2>&nbsp;</TD><TD valign=top rowspan=2><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt"><BR></P>
<P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Executive Vice President and Director</P>
</TD><TD valign=top rowspan=2>&nbsp;</TD><TD valign=top rowspan=2><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt" align=center><BR></P>
<P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt" align=center>April 21, 2004</P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Jonathan Herzog</P>
</TD></TR>
</TABLE>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:72pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; text-indent:72pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=justify><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=justify><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=justify><BR></P>
<BR>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center>4</P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><B>INDEX TO EXHIBITS</B></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<TABLE style="margin-right:126pt" cellspacing=0><TR><TD style="border-bottom:0.5pt solid #000000" valign=top><P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt"><B>Exhibit&nbsp;No.</B></P>
</TD><TD valign=top>&nbsp;</TD><TD style="border-bottom:0.5pt solid #000000" valign=top><P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt"><B>Description</B></P>
</TD></TR>
<TR><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD valign=top><P style="margin:0pt; font-family:Times New Roman; font-size:9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:13.25pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">3.1</P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Certificate of Incorporation of the Registrant, Incorporated by reference to Exhibit 3.1 to the Company&#146;s </P>
<P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Registration Statement on Form SB-2 dated February 14, 2000, Commission File No. 333-30364.</P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:18pt; font-family:Times New Roman; font-size:6pt"><BR></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top>&nbsp;</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:13.25pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt"><A HREF="amendedstockoptionplan42.htm"><FONT COLOR=#0000FF><U>4.2</U></FONT></A></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Avenue Group, Inc. Amended and Restated 2000 Stock Option Plan </P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:18pt; font-family:Times New Roman; font-size:6pt"><BR></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top>&nbsp;</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:13.25pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt"><A HREF="legalopinion51.htm"><FONT COLOR=#0000FF><U>5.1</U></FONT></A></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Opinion of Jeffer, Mangels, Butler &amp; Marmaro LLP </P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:18pt; font-family:Times New Roman; font-size:6pt"><BR></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top>&nbsp;</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:8.5pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt"><A HREF="auditorconsent241.htm"><FONT COLOR=#0000FF><U>24.1</U></FONT></A></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Consent of Weinberg &amp; Company, P.A., Independent Certified Public Accountants</P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:18pt; font-family:Times New Roman; font-size:6pt"><BR></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top>&nbsp;</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:8.5pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt"><A HREF="legalopinion51.htm"><FONT COLOR=#0000FF><U>24.2</U></FONT></A></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Consent of Counsel (contained in Exhibit 5.1)</P>
</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:18pt; font-family:Times New Roman; font-size:6pt"><BR></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top>&nbsp;</TD></TR>
<TR><TD valign=top><P style="margin:0pt; text-indent:8.5pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt"><A HREF="#poa"><FONT COLOR=#0000FF><U>25.1</U></FONT></A></P>
</TD><TD valign=top>&nbsp;</TD><TD valign=top><P style="margin:0pt; line-height:11.5pt; font-family:Times New Roman; font-size:9.5pt">Power of Attorney (contained on signature page)</P>
</TD></TR>
</TABLE>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
<BR>
<BR>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin-top:0pt; margin-right:126pt; margin-bottom:0pt; width:486pt; font-family:Times New Roman"><BR></P>
</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "avenuegroups8.htm", "description": "REGISTRATION STATEMENT", "secsgml_size_bytes": 64899}]
{"company-data": {"conformed-name": "AVENUE GROUP INC", "cik": "0001100006", "assigned-sic": "1311", "irs-number": "980200077", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-114843", "film-number": "04753690"}, "business-address": {"street1": "15303 VENTURA BOULEVARD", "street2": "SUITE 900", "city": "SHERMAN OAKS", "state": "CA", "zip": "91403", "phone": "8183803020"}, "mail-address": {"street1": "15303 VENTURA BOULEVARD", "street2": "SUITE 900", "city": "SHERMAN OAKS", "state": "CA", "zip": "91403"}, "former-company": {"former-conformed-name": "I T TECHNOLOGY INC", "date-changed": "20000120"}}
BP 52377 -- Avenue Group -- S-8
As Filed with the Securities and Exchange Commission on April 23, 2004
Registration No. 333-_____
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
———————
FORM S-8
REGISTRATION STATEMENT
Under the
SECURITIES ACT OF 1933
———————
AVENUE GROUP, INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware
98-0200077
(State or Other Jurisdiction of Incorporation
or Organization)
(IRS Employer
Identification No.)
17547 Ventura Boulevard, Suite 305
Encino, California 91316
(Address of Principal Executive Offices)
———————
AVENUE GROUP, INC. AMENDED AND RESTATED 2000 STOCK OPTION PLAN
(Full Title of the Plan)
———————
Jonathan Herzog
17547 Ventura Boulevard, Suite 305
Encino, California 91316
(Name and Address of Agent for Service)
(818) 465-1200
(Telephone number, including area code, of agent for service)
Copies of Communications to:
BARRY L. BURTEN, ESQ.
Jeffer, Mangels, Butler & Marmaro LLP
1900 Avenue of the Stars, 7th Floor
Los Angeles, California 90067
(310) 203-8080
CALCULATION OF REGISTRATION FEE
Title of Securities
to be
Registered(1)
Amount
to be
Registered(1)
Proposed
Maximum Offering
Price Per Share(2)
Proposed
Maximum Aggregate
Offering Price(2)
Amount of
Registration
Fee(2)
Common Stock, par value
$0.0002 per share, issuable
upon the exercise of options
granted under Avenue Group, Inc.
Amended and Restated
2000 Stock Option Plan
15,000,000 shares
$0.36
$5,400,000
$684.18
(1)
Pursuant to Rule 416 under the Securities Act of 1933, as amended, this Registration Statement covers shares of Common Stock that will become issuable upon the exercise of options granted under the Avenue Group, Inc. Amended and Restated 2000 Stock Option Plan and an indeterminate number of shares of Common Stock that may become issuable by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the receipt of consideration that results in an increase in the number of outstanding shares of Common Stock.
(2)
Estimated solely for the purpose of calculating the registration fee, pursuant to Rule 457(c) and (h) of the Securities Act of 1933, upon the basis of the closing price per share of the Registrant's common stock as reported on the Over the Counter Bulletin Board on April 20, 2004.
ii
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Item 1.  Plan Information
The document(s) containing the information specified in Part I will be sent or given to employees as specified by Rule 428(b)(1). Such documents are not being filed with the Securities and Exchange Commission either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424. Such documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of this Registration Statement, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
Item 2.  Registrant Information and Employee Plan Annual Information
The participants shall be provided a written statement notifying them that upon written or oral request they will be provided, without charge, (i) the documents incorporated by reference in Item 3 of Part II of the Registration Statement, and (ii) other documents required to be delivered pursuant to Rule 428(b). The statement will inform the participants that these documents are incorporated by reference in the Section 10(a) prospectus, and shall include the address (giving title or department) and telephone number to which the request is to be directed.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.  Incorporation of Documents by Reference
The following documents are incorporated by this reference into this Registration Statement:
1.
The Registrant's Annual Report on Form 10-KSB for the year ended December 31, 2003, filed pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
2.
The Registrant's Current Report on Form 8-K filed on January 22, 2004 announcing the issuance by the Registrant of a press release relating to the execution by Avenue Energy, Inc., a wholly owned subsidiary of the Registrant, of new joint operating and related agreements with Aladdin Middle East Ltd and its affiliates covering drilling and production operations in Turkey.
3.
Description of the Registrant's Common Stock as set forth in Item 12 of the Registrant's Form SB-2 Post-Effective Amendment No. 4, dated February 12, 2001.
All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities registered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents, except as to any portion of any future annual or quarterly report to stockholders or document that is not deemed filed under such provisions. For purposes of this Registration Statement, any statement in a document incorporated by reference shall be deemed to be modified or superseded to the extent that a statement contained in this Registration Statement modifies or supersedes a statement in such document. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 4.  Description of Securities
Not Applicable.
Item 5.  Interests of Named Experts and Counsel
No expert or our counsel was hired on a contingent basis, or will receive a direct or indirect interest in the Registrant or was a promoter, underwriter, voting trustee, director, officer, or employee of the Registrant, at any time prior to the filing of this Registration Statement.
Item 6.  Indemnification of Directors and Officers.
Under Section 145 of the Delaware General Corporation Law, the Registrant has broad powers to indemnify its directors and officers against liabilities they may incur in such capacities, including liabilities under the Securities Act of 1933, as amended (the "Securities Act"). The Delaware General Corporation Law authorizes corporations to limit or eliminate the personal liability of directors to corporations and their stockholders for monetary damages for breaches of directors' applicable duties. The Registrant's certificate of incorporation includes a provision that eliminates the personal liability of the Registrant's directors for monetary damages for actions taken as a director, except for liability:
•
for any breach of the director's duty of loyalty to us or our stockholders;
•
for acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law;
•
under Section 174 of the Delaware General Corporation Law regarding unlawful dividends and stock purchases; and
•
for any transaction from which the director derived an improper personal benefit.
The Registrant's certificate of incorporation also includes the following provisions regarding indemnification of its directors and officers:
•
the Registrant must indemnify its directors and officers to the fullest extent permitted by Delaware law, subject to very limited exceptions;
•
the Registrant may indemnify its other employees and agents to the same extent that it indemnifies its directors and officers; and
•
the Registrant must advance expenses, as incurred, to its directors and officers in connection with legal proceedings to the fullest extent permitted by Delaware law, subject to very limited exceptions.
In addition, the Registrant's directors' and officers' insurance provides indemnification for certain securities matters.
Item 7.  Exemption from Registration Claimed
Not Applicable.
Item 8.  Exhibits
Exhibit No.
Description
3.1
Certificate of Incorporation of the Registrant, Incorporated by reference to Exhibit 3.1 to the Company's
Registration Statement on Form SB-2 dated February 14, 2000, Commission File No. 333-30364.
4.2
Avenue Group, Inc. Amended and Restated 2000 Stock Option Plan
5.1
Opinion of Jeffer, Mangels, Butler & Marmaro LLP
24.1
Consent of Weinberg & Company, P.A., Independent Certified Public Accountants
24.2
Consent of Counsel (contained in Exhibit 5.1)
25.1
Power of Attorney (contained on signature page)
2
Item 9.  Undertakings
The undersigned registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement; to include any prospectus required by Section 10(a)(3) of the Securities Act; to reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement; and to include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or any material change to such information in this Registration Statement.
(2)
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new Registration Statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(4)
That, for the purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in this Registration Statement shall be deemed to be a new Registration Statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(5)
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been informed that in the opinion of the Commission, such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.  In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered under this Registration Statement, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
3
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Melbourne, Australia, on the 21st day of April, 2004.
AVENUE GROUP, INC.
By
/s/ L
EVI
M
OCHKIN
Levi Mochkin,
President and Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Levi Mochkin and Jonathan Herzog, jointly and severally, his attorneys-in-fact, each with the power of substitution, for him in any and all capacities, to sign any amendments (including post-effective amendments) to this Registration Statement on Form S-8, and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his substitute or substitutes, may do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons on behalf of the Company in the capacities and on the date indicated.
SIGNATURE
TITLE
DATE
/s/ L
EVI
M
OCHKIN
President, Chief Executive Officer and Director
April 21, 2004
Levi Mochkin
/s/ (Y
AM
-H
IN
) J
IM
T
AN
Chief Financial Officer and Director
April 21, 2004
(Yam-Hin) Jim Tan
/s/ J
ONATHAN
H
ERZOG
Executive Vice President and Director
April 21, 2004
Jonathan Herzog
4
INDEX TO EXHIBITS
Exhibit No.
Description
3.1
Certificate of Incorporation of the Registrant, Incorporated by reference to Exhibit 3.1 to the Company's
Registration Statement on Form SB-2 dated February 14, 2000, Commission File No. 333-30364.
4.2
Avenue Group, Inc. Amended and Restated 2000 Stock Option Plan
5.1
Opinion of Jeffer, Mangels, Butler & Marmaro LLP
24.1
Consent of Weinberg & Company, P.A., Independent Certified Public Accountants
24.2
Consent of Counsel (contained in Exhibit 5.1)
25.1
Power of Attorney (contained on signature page)