American Fiber Green Products, Inc. Form 10 K Shows Promise for 2012
16 Abril 2012 - 11:30PM
Marketwired
American Fiber Green Products, Inc. (OTCQB: AFBG) (PINKSHEETS:
AFBG) has filed its Form 10, audited financial report for 2011
revealing promise for 2012.
AFBG Chairman Kenneth McCleave stated, "It was nice to be able
to finally report the beginning of revenue generation from our
recycling subsidiary, Amour Fiber Core, Inc. We have worked for
several years preparing for the right contracts and companies to be
the lead for development of this division. With agreements with
several Fortune 500 companies generating that first $100,000 was
significant. When compared to the prior year, the excitement is
multiplied."
Daniel L. Hefner, President and Chief Executive Officer, added,
"With the generation of each dollar of revenue from receipt of
fiber glass to recycle, we are also stockpiling inventory for our
future manufacturing operations. Additionally, the cash flow
allowed us to improve the balance sheet by reducing payables,
increasing receivables and add some needed equipment. These small
steps have energized our staff and created other current
opportunities of which we are taking advantage."
The Form 10 K can be viewed at www.sec.gov. Interest in the
company and its stock has substantially increased as the public has
become more aware of the current and future opportunities available
to the company.
American Fiber Green Products, Inc. trades under the symbol
OTCQB:AFBG. The company maintains a website at
www.americanfibergreenproducts.com.
AFBG Strategic Partner, American Commerce Solutions, Inc. trades
Over the Counter under the symbol, AACS. The Company maintains a
website at www.aacssymbol.com.
Under the Safe Harbor rules consider the following: Any portion
of this presentation that is not historical in nature is subject to
change due to any number of factors that are not under the control
of the Company or its officers. As such, anyone reading this
information release should consider the possibility that material
differences from the information presented may occur and should be
verified before any consideration to invest.
Contact: Daniel L. Hefner 813-244-9843