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Home  /  Forum  /  Amerikaanse aandelen  /  American Green Group (AMNE)

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American Green Group (AMNE)

28 Posts
Pagina: 1 2 »» | Laatste | Omlaag ↓
  16. [verwijderd] 2 september 2009 15:51
    MNE Issues Corporate Update Including Financial Strength

    * Press Release
    * Source: American Green Group, Inc.
    * On Wednesday September 2, 2009, 8:30 am EDT

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    Companies:
    o American Green Group, Inc.

    NEW HAVEN, CT--(Marketwire - 09/02/09) - American Green Group, Inc. (Pinksheets:AMNE - News) (www.americangreengroup.com) is pleased to have completed the process for the Company to receive a PS status from Pink Sheets. AMNE has integrated all of its accounting to make it easier to produce its financial statements in a timely manner so it can maintain the PS status and improve its future listing status.
    Related Quotes
    Symbol Price Change
    AMNE.PK 0.0010 +0.0001
    Chart for AMERICAN GREEN GROUP
    {"s" : "amne.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}

    The Company reported in its financials for the period ending June 30, 2009 sales of $417,050 with the majority of the sales coming in the months of May and June, the Company also reported cash on hand of $128,127. The Company currently has cash on hand of $230,000 and receivables of 360,000, which the Company believes will be 100% collected over the coming weeks. AMNE has a monthly burn rate of $40,000 per month with the combined cash and on hand and receivables the Company can sustain operations for 15 months without any additional revenue.

    Currently the Company is working on expanding its sales force through Paradigm for Ecosafe Foam, which will help to preserve and grow the Company's cash position.

    The Company believes all other remarks made in the release to be accurate to the best of their knowledge.

    The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

    0,0011 0,0002 22,22%
  17. [verwijderd] 17 september 2009 15:55
    AMNE Increases Its Assets by $8 Million

    * Press Release
    * Source: American Green Group
    * On Thursday September 17, 2009, 8:20 am EDT

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    Companies:
    o American Green Group, Inc.

    NEW HAVEN, CT--(Marketwire - 09/17/09) - American Green Group, Inc. (Pinksheets:AMNE - News) (www.americangreengroup.com) through its joint venture with Ecosafe Insulation of Florida, LLC (ECOFL) will increase its Net Assets by $8 million dollars in the third quarter.
    Related Quotes
    Symbol Price Change
    AMNE.PK 0.0009 +0.0002
    Chart for AMERICAN GREEN GROUP
    {"s" : "amne.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}

    Under the terms of the agreement with ECOFL, AMNE is entitled to half of the revenue generated from ECOFL. ECOFL will be completing a reverse merger in the next few days and will issue AMNE a fifty percent equity stake in the new company. At the current market value AMNE would realize a gain to its Net Assets of $8 million dollars.

    Once the merger for ECOFL is complete and the shares have been issued to AMNE a joint press release will be issued alerting investors as to the symbol of the ECOFL.

    AMNE will only be a shareholder and joint venture partner in the ECOFL is merging into. The Officers and Directors of AMNE do not have any interest in the company outside what will be owned by AMNE.

    The Company believes all other remarks made in the release to be accurate to the best of their knowledge.

    The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
    Contact:
28 Posts
Pagina: 1 2 »» | Laatste |Omhoog ↑

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