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AGR Tools, Inc. (fka AGRT)

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Last Post: 12/18/2014 9:38:22 AM - Followers: 111 - Board type: Free - Posts Today: 0



AGRT NEW MANAGEMENT 8K FILING
2/14/2011


 

 
Our plan of operations over the next 12 months is to (i) expand our stocking dealer network throughout the Unites States and Canada, (ii) monitor the quality of our products and accessories, (iii) further develop our website and online sales volume, and (iv) increase our exposure to participants in the construction, building, maintenance and demolition industries. We expect we will require approximately $3.5 million to pursue our plan of operations over this period.
 
We intend to raise the additional funds we require from the sale of our equity securities or loans from related parties. There can be no assurance that we will be able to secure the necessary financing from the sale of our securities or loans from related parties. If we are unable to raise sufficient funds to finance our operations our business may fail. In addition, if we are unable to raise the funds required to expand our operations, we may be forced to proceed with a scaled back business plan based on our available financial resources. An investment in our securities involves significant risk and you could lose your entire investment.

 



During the year ended June 30, 2011, the company issued non-convertible promissory notes in the amount of $325,000.  There were three notes and they were denominated in the amounts of $25,000, $100,000, and $200,000.  The note with a face value of $25,000 is due on August 13, 2011 and accrues interest of 12%.  The notes with face values of $100,000 and $200,000 are due on December 14, 2011 and accrue interest of 12%.  The note issued for $200,000 was issued as a payment of a finder's fee to a third party for an oil and gas acquisition that is pending and not yet completed as of September 30, 2011.



The Company has a revolving bank credit line with a limit of $24,300 which bears interest at 9.75% per annum and is secured by a personal guarantee of the Vice-President of the Company.  The balance in this account at September 30, 2011 was $23,541 (June 30, 2011 - $23,126).



 
As of September 30, 2011, we had $4,665 in cash, $267,431 in total assets, $878,151 in total liabilities and a working capital deficit of $616,685. As of September 30, 2011, we had an accumulated deficit of $1,853,288.



 
Source can be found here: http://biz.yahoo.com/e/120131/agrt.pk10-q.html




65,183,661 OS a/o May 22, 2012 
   







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PostSubject
#18214   AGRT revoked: Renee 12/18/14 09:38:21 AM
#18213   Took long enough TheTrader72 09/18/14 03:27:12 PM
#18212   AGRT SEC Suspension: Renee 09/18/14 09:33:40 AM
#18211   That's when I got in this pos back jimmirehman 08/07/14 10:06:00 AM
#18210   See the S.E.C. charged some pumpers yesterday. Stock elkonig 08/06/14 07:03:14 PM
#18209   It's time for another pump and dump! This jimmirehman 07/22/14 10:46:49 AM
#18208   500 shs sold... less than $4. That won't WithEyesOpen 05/23/14 02:28:13 PM
#18207   And almost immediately the Ask drops by a third! WithEyesOpen 05/13/14 11:48:26 AM
#18206   With $7.50 traded, wooooooo jar0th 05/13/14 10:59:38 AM
#18205   AGRT is up by 100% kranthikumar 05/13/14 10:31:50 AM
#18204   Fascinating... 3 shs sold today. Raised 2 cents WithEyesOpen 04/17/14 06:55:23 PM
#18203   I don't think anyone is making money, stocks jar0th 01/31/14 02:29:25 PM
#18202   sicmoney, Yeah I have been out since a carlson 01/30/14 09:16:31 PM
#18201   I thought you were out? sicmoney 01/30/14 08:56:20 PM
#18200   What gives you the impression that anyone has WithEyesOpen 01/30/14 03:21:13 PM
#18199   jar0th, check it out. Finally green. And to carlson 01/30/14 02:54:38 PM
#18198   End of the year sell a thon? Wonder jar0th 12/27/13 10:28:32 AM
#18197   HaHaHa... Some Master Investor sold SEVEN SHARES today. WithEyesOpen 12/16/13 03:17:07 PM
#18196   I see you posted at 9PM at night, jar0th 11/12/13 02:24:21 PM
#18195   jar0th, What is going on with AGRT??? I carlson 11/11/13 09:38:46 PM
#18192   TD*Y? Nah, promo picks seem to be on jar0th 11/04/13 09:59:43 AM
#18190   A shill for a shill jar0th 11/03/13 07:32:17 PM
#18189   IF YOU FEEL LIKE BUYING THIS STOCK OR carlson 11/02/13 10:10:07 PM
#18188   For the life of me, I don't get WithEyesOpen 10/16/13 02:16:33 PM
#18187   Do you remember a company named Qeteras as elkonig 10/07/13 01:51:22 PM
#18186   Elkonig... I must give you kudos. I just WithEyesOpen 10/07/13 07:33:42 AM
#18185   " Has AGRT done anything illegal to help Hattori Hanzo 09/26/13 11:49:18 AM
#18184   Carlson, Forget you ever heard of that company. sicmoney 09/16/13 09:27:47 PM
#18183   "It's got to be real" and "I talked jar0th 09/15/13 03:10:02 AM
#18182   jar0th, That was a very kind offer from carlson 09/14/13 08:18:21 PM
#18181   I can recover your losses, just send me jar0th 09/13/13 11:19:51 PM
#18180   CB... It is. WithEyesOpen 09/13/13 06:16:11 PM
#18179   jaroth, Anybody, Has anybody heard of Consumers Customers carlson 09/13/13 06:09:35 PM
#18178   You think it's a big stretch that AGRT jar0th 09/12/13 11:28:35 AM
#18177   Personally, while I appreciate your DD, I find WithEyesOpen 09/10/13 04:10:55 PM
#18176   I haven't quite figured this all out yet. elkonig 09/10/13 10:13:08 AM
#18175   Elkonig... That is interesting. Pls share the tie-in WithEyesOpen 09/10/13 06:59:44 AM
#18174   Does the name Robert J. Thompson ring any elkonig 09/09/13 08:14:29 PM
#18173   WithEyesOpen, The bid price doubled after I sold. carlson 07/24/13 12:12:29 PM
#18172   Hi Carlson. I can't help but believe the WithEyesOpen 07/23/13 05:56:19 PM
#18171   my original $200 is now worth .44 cents(lol),easy RACKnRICKY 07/23/13 12:59:33 AM
#18170   If you are trying to break even I Penny Roger$ 07/23/13 12:42:17 AM
#18169   i'm stuck 98.78%,maybe if i add here i RACKnRICKY 07/23/13 12:01:55 AM
#18168   lol, I bounce around the hub lookin' at Penny Roger$ 07/22/13 11:59:53 PM
#18167   Fa$tlane, Where did you come from??? I waited carlson 07/22/13 11:54:46 PM
#18166   ~ $AGRT ~ Daily Par Sar Buy Signal Penny Roger$ 07/22/13 09:50:34 PM
#18165   verax, Nice to talk to you my friend. carlson 07/22/13 03:57:37 PM
#18164   pretty funny.. I see hate and discontent continues!!! verax 07/22/13 02:03:44 PM
#18163   Maybe because you have falsely accused me before? WithEyesOpen 07/22/13 09:54:54 AM
#18162   Why do you assume I am referring to gew59 07/21/13 09:55:05 PM
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