AMNE Increases Its Assets by $8 Million - 500 Beiträge pro Seite
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ID: 1.153.155
ID: 1.153.155
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ISIN: US02639T2006 · WKN: A0Q8G9 · Symbol: AMNE
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AMNE Increases Its Assets by $8 Million
NEW HAVEN, CT -- (Marketwire) -- 09/17/09 -- American Green Group, Inc. (PINKSHEETS: AMNE) (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.
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.
NEW HAVEN, CT -- (Marketwire) -- 09/17/09 -- American Green Group, Inc. (PINKSHEETS: AMNE) (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.
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.
Trading Spotlight
Antwort auf Beitrag Nr.: 38.022.772 von axcol am 21.09.09 15:01:44letzde woche wollte sie keiner haben nun der hammer 
Bid auf 0,00014 Ask 0,00015
Bid auf 0,00014 Ask 0,00015
Antwort auf Beitrag Nr.: 38.022.827 von aloevera2750 am 21.09.09 15:08:17pre market stacked on both sides .0014(x4)/.0015(x5)
if we are going to run I'd like to see that ask thin out and the bid continue to stack
if we are going to run I'd like to see that ask thin out and the bid continue to stack
Antwort auf Beitrag Nr.: 38.022.933 von aloevera2750 am 21.09.09 15:21:1715 zu 16
Antwort auf Beitrag Nr.: 38.023.011 von aloevera2750 am 21.09.09 15:29:4813 zu 14
mal schauen wann es wieder losgeht
mal schauen wann es wieder losgeht
Antwort auf Beitrag Nr.: 38.023.546 von aloevera2750 am 21.09.09 16:17:32ich hab da was besseres.
US84649R1014 chapter 11 aufhebung vermutlich bald und höheres listing.
gruß
US84649R1014 chapter 11 aufhebung vermutlich bald und höheres listing.
gruß
dank
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