AMNE Sells Its First County for $250,000
* Reuters is not responsible for the content in this press release.
NEW HAVEN, CT, May 19 (MARKET WIRE) --
American Green Group, Inc. (PINKSHEETS: AMNE) is pleased to announce that
its wholly owned subsidiary, Eco-Built Systems LLC, d/b/a Paradigm
Polymers has sold it first county for $250,000.
AMNE recently acquired Ecosafe Premium Foam(R) and has since been
traveling around the country signing up sales reps and trying to sell
counties. Broward County, FL with an estimated population of 1.8 million
people and 800,000 housing units was sold for $250,000.
AMNE believes as more people realize the benefits of Ecosafe insulation as
an environmentally safe and friendly product, due to the foam being
non-toxic and contains no petrochemicals or solvents, more counties will
be sold.
AMNE would also like to restate the record date for its 5 for 1 forward
split is June 1st, all shareholders of record on June 1st will receive 5
shares for every one share of AMNE they own. The Company would also like
to go on record as saying that the Company has no plans of doing a reverse
split in the future as they see that counterproductive to the forward
split.
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.
Copyright 2009, Market Wire, All rights reserved.
-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters