NATURE OF OPERATIONS AND BASIS OF PRESENTATION	3 Months Ended
Oct. 31, 2011
Notes to Financial Statements
NATURE OF OPERATIONS AND BASIS OF PRESENTATION	Avatar Ventures Corp. was incorporated on August 14, 2006, under the laws of the State of Nevada, U.S.A. Operations started on that date. These financial statements have been prepared on a going concern basis. The Company has accumulated a deficit of $392,677 since inception and has yet to achieve profitable operations and further losses are anticipated in the development of its business, raising achieve profitable operations and further substantial doubt about the Company's ability to continue as a going concern. Its ability to continue as a going concern is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing to meet its future obligations and repay its liabilities arising from normal business operations when they come due. Management plans to continue to provide for its working capital needs by seeking loans from its shareholders. These financial statements do not include any adjustments to the recoverability and classification of assets, or the amount and classification of liabilities that may be necessary should the Company be unable to continue as a going concern.

NATURE OF OPERATIONS AND BASIS OF PRESENTATION

3 Months Ended

Oct. 31, 2011

NATURE OF OPERATIONS AND BASIS OF PRESENTATION

Avatar Ventures Corp. was incorporated on August 14, 2006, under the laws of the State of Nevada, U.S.A. Operations started on that date.

These financial statements have been prepared on a going concern basis. The Company has accumulated a deficit of $392,677 since inception and has yet to achieve profitable operations and further losses are anticipated in the development of its business, raising achieve profitable operations and further substantial doubt about the Company's ability to continue as a going concern. Its ability to continue as a going concern is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing to meet its future obligations and repay its liabilities arising from normal business operations when they come due. Management plans to continue to provide for its working capital needs by seeking loans from its shareholders. These financial statements do not include any adjustments to the recoverability and classification of assets, or the amount and classification of liabilities that may be necessary should the Company be unable to continue as a going concern.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

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+ Details

Avatar Ventures Corp. 10-Q/A