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AGTI FINRA deleted symbol:
http://otce.finra.org/DLDeletions
SEC Litigation against Joseph Meuse, Director of AGTI:
http://www.sec.gov/litigation/admin/2015/34-74602.pdf
AGTI: SEC Litigation against J. Meuse, Transfer Agent for AGTI:
http://www.sec.gov/litigation/admin/2014/34-73680.pdf
Maybe a last message:
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370540628057#.Ut6jiCPgFK0
Towards bottom of press release.
No new messages for a year, and the SEC has spoken; little bit of activity @ 0.0006 a few weeks ago; has everyone given up? Tried tracking some of their "distributors"; found it interesting. I'm new to this. Wonder if they'll disappear; the "alternative green" seems to have been a lot of smoke & mirrors, and investor's money.
Another pump and dump! Some of these wannabe CEOs are good at it, some are sloppy.
Yeah I had seen that earlier today
2. From September 200S through September 2009, Defendants Segal, AGTI, Meuse and Belmont engaged in a series of fraudulent activities in order to sell AGTI stock to the general public. These activities included AGTI and Segal obtaining and furnishing false documents (including a sham assignment of debt and a fabricated and backdated corporate resolution and convertible note), to support a legal opinion letter that was provided to AGTI's transfer agent so that the transfer agent would issue millions of shares of purportedly unrestricted AGTI stock in an unregistered offering. Belmont and Meuse assisted AGTI and Segal in creating the false, backdated, and fabricated documents and furnishing them to the attorney for use in drafting the opinion letter. As a result of this fraud, Borg, Ryan, Khanna, Panascope each sold unregistered shares of AGTI to the public without a valid registration exemption.
SEC Complaint in this matter
http://www.sec.gov/litigation/complaints/2011/comp22189.pdf
SEC Charges "Shell Packagers" and Several Others in Penny Stock Scheme
FOR IMMEDIATE RELEASE
2011-262
Washington, D.C., Dec. 12, 2011 – The Securities and Exchange Commission today charged a shell packaging firm and several others involved in a penny stock scheme to issue purportedly unrestricted shares in the public markets.
Additional Materials
SEC Complaint
The SEC alleges that Joseph Meuse and his firm Belmont Partners LLC – which is in the business of identifying and selling public shell companies for use in reverse mergers – fabricated and backdated documents used to convince a transfer agent and an attorney writing an opinion letter to issue free-trading shares of Alternative Green Technologies Inc. (AGTI). The SEC also charged AGTI and its CEO Mitchell Segal as well as Segal’s business partner Howard Borg and stock promoters David Ryan, Vikram Khanna, and Panascope Capital Inc. for their roles in the scheme that resulted in unknowing investors purchasing fraudulently issued AGTI shares without the protections afforded by the securities laws.
“Shell packagers who buy and sell public companies for use by fraudsters have no rightful place in our markets,” said David Rosenfeld, Associate Director of the SEC’s New York Regional Office. “These shell packagers not only sold the shell company, but created the false documents necessary to cause the transfer agent to issue shares that should never have been sold to the public.”
According to the SEC’s complaint filed in U.S. District Court for the Southern District of New York, Long Island, N.Y.-based AGTI and Segal, an attorney licensed to practice in New York, knowingly submitted false documents to a transfer agent and an attorney, who relied on them to conclude that free-trading shares of AGTI could legitimately be issued. Virginia-based Belmont Partners and Meuse aided and abetted AGTI’s fraud by knowingly creating and sometimes backdating the false documentation, including a sham assignment of debt and a fabricated and backdated corporate resolution and convertible note. Segal then used the stock certificates illegally issued to fund promotional campaigns promoting AGTI’s stock. The stock promoters – Ryan, Panascope Capital and its president Khanna – were charged with selling the unregistered securities.
The SEC’s complaint charges all defendants with violating Section 5 of the Securities Act of 1933, and AGTI and Segal with violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5(a) and (c) thereunder. Segal, Meuse and Belmont Partners are charged with aiding and abetting the fraud by AGTI. The SEC’s complaint seeks permanent injunctions and disgorgement against all defendants; a financial penalty against AGTI, Segal, Belmont Partners, Meuse, and Ryan; and officer and director and penny stock bars against Segal and Meuse. The SEC’s complaint also names several relief defendants for the purposes of recovering proceeds they received from the illicit stock sales.
Borg, Khanna and Panascope Capital have consented to the entry of a final judgment enjoining them from further violations of Section 5 of the Securities Act without admitting or denying the allegations in the SEC’s complaint. Khanna and Panascope Capital agreed to pay $81,477.10 to settle the charges, and Borg agreed to pay $35,264.05 and surrender to the transfer agent for cancellation more than four million shares of AGTI stock that were illegally issued. The settlements are subject to court approval.
The SEC’s investigation was conducted by Megan Genet and Steven G. Rawlings of the SEC’s New York Regional Office. The SEC’s litigation effort will be led by Todd Brody and Megan Genet.
# # #
For more information about this enforcement action, contact:
David Rosenfeld
Associate Director, SEC's New York Regional Office
(212) 336-0153
Steven G. Rawlings
Assistant Director, SEC’s New York Regional Office
(212) 336-0149
http://www.sec.gov/news/press/2011/2011-262.htm
Seems Im the only one buying at the .0032 since thats my bid their haha My risk Im sure they will have one more push someday soon.. before thei close their doors lol
saw some foundation forms on pbs's 'hometime' last weekend. so we must be selling some, but i didn't see them highlite the product name only that they're green and easy to use ,and need an emolient in the pumped concrete. guess they may have wanteded to be paid or given the forms free.
And we are up 36 % sread the word :)
Hey its up 36 % and will get more , time to spread the word
Reddi-Form Concrete Forms Business Information Reddi-Form Concrete Forms is a private company categorized under Mason Contractors Equip & Supl and located in Butler, NJ. Our records show it was established in 1991* and incorporated in Pennsylvania*. Current estimates show this company has an annual revenue of $2.5 to 5 million and employs a staff of approximately 1 to 4.
HQ, Branch or Single Location
Single Location
Annual Sales (Estimated)
$2.5 to 5 million
D&B: $270,000*
http://www.manta.com/coms2/dnbcompany_03c085
Just got a BLAST FAX on this one
Anyone else get one? Who in the hell is StockStarz?
and nothing...just a fact, i luv stockstarz,dont get me wrong
Very quiet in here. any news? see? buy more? wazzzzup
May 04, 2009 08:42 ETAlternative Green Technologies Enters Bermuda With Exclusive Representation and Distribution Agreement With Minimum Purchase Requirements of 50,000 Reddiform Insulated Concrete Forms
Agreement Represents Potential Revenue of $ 625,000 USD Over the Next 12 Months
UNIONDALE, NY--(Marketwire - May 4, 2009) - Alternative Green Technologies, Inc. (PINKSHEETS: AGTI), a public company focused on reducing the carbon footprint in the world by acquiring and building green companies that help the environment, announced today that its Reddiform Worldwide subsidiary has entered a representation and distribution agreement with Innovative Building Systems, Ltd. for the exclusive right to sell and distribute Reddiform's green building product throughout Bermuda. Innovative Building Systems, Ltd. must purchase a minimum of 50,000 Reddiform forms at a price of $12.50 USD in order to keep its exclusivity in this territory. Homes built out of Reddiform require an estimated 44% less energy to heat and 32% less energy to cool and can be designed for use in Earthquake Zones 4 and 5, and to withstand hurricane winds of 200 miles (330 kilometers) per hour.
"Reddiform's features are perfect for these territories where energy costs are high and where hurricanes pose potential threats," stated Ron Ardres, Sr., founder and inventor of the Reddiform System and the Company's technical advisor.
About Alternative Green Technologies, Inc.: Alternative Green Technologies (PINKSHEETS: AGTI) is a public company focused on the commitment to reduce the carbon footprint in the world by acquiring and building companies that help the environment in reducing carbon emissions in addition to reducing worldwide energy costs and waste.
Our subsidiary, Reddiform Worldwide, Inc., has the exclusive worldwide license in perpetuity to market, manufacture and sell Reddiform Insulated Concrete Forms ("ICFs"), a green patented building product that allows for reduced energy costs while providing more economies and efficiencies in the construction process for homes, industrial and commercial buildings.
For more information about Alternative Green Technologies, Inc. go to www.altgreentech.com.
NOTE: This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results.
Yup, Got this one in my email!!!
It s in the right space for sure, is there any news coming out?
I don't know anything about this company...just saw the news.
Apr 23, 2009 09:17 ETAlternative Green Technologies Enters Exclusive Representation and Distribution Agreement With Minimum Purchase Requirements of 50,000 Reddiform Insulated Concrete Forms for the Islands of Nassau, Abaco, and Long Island in the Commonwealth of the Bahamas, Paradise Island and Jamaica
Agreement Represents Potential Revenue of $825,000 USD Over the Next 12 Months
UNIONDALE, NY--(Marketwire - April 23, 2009) - Alternative Green Technologies, Inc. (PINKSHEETS: AGTI), a public company focused on reducing the carbon footprint in the world by acquiring and building green companies that help the environment, announced today that its Reddiform Worldwide subsidiary has entered a representation and distribution agreement with Bahamas Foam & Construction Products Ltd. for the exclusive right to sell and distribute Reddiform's green building product throughout the islands of Nassau, Abaco and Long Island in the Commonwealth of the Bahamas in addition to Paradise Island and Jamaica. Bahamas Foam & Construction Products must purchase a minimum of 50,000 Reddiform forms at a price of $16.50 USD in order to keep its exclusivity in these territories. Homes built out of Reddiform require an estimated 44% less energy to heat and 32% less energy to cool and can be designed for use in Earthquake Zones 4 and 5, and to withstand hurricane winds of 200 miles (330 kilometers) per hour.
Reddiform's features are perfect for these territories where energy costs are high and where hurricanes pose potential threats," stated Ron Ardres, Sr., founder and inventor of the Reddiform System and the Company's technical advisor. Bahamas Foam & Construction already have established themselves as an excellent dealer in building foam products and we look forward to a great relationship."
About Alternative Green Technologies, Inc.: Alternative Green Technologies (PINKSHEETS: AGTI) is a public company focused on the commitment to reduce the carbon footprint in the world by acquiring and building companies that help the environment in reducing carbon emissions in addition to reducing worldwide energy costs and waste.
Our subsidiary, Reddiform Worldwide, Inc., has the exclusive worldwide license in perpetuity to market, manufacture and sell ReddiForm Insulated Concrete Forms ("ICFs"), a green patented building product that allows for reduced energy costs while providing more economies and efficiencies in the construction process for homes, industrial and commercial buildings.
For more information about Alternative Green Technologies, Inc. go to www.altgreentech.com.
NOTE: This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results.
Stockprophet spam out last night--Be carefull.
HotOTC is getting its AGIT pump on... better get in and out before the masses.
Dipped on news jumped in at .10 this morning. Expecting a nice bounce to at least .30 here.
SOURCE: Alternative Green Technologies, Inc.
Apr 14, 2009 08:47 ETAlternative Green Technologies Upgrades Its Technology on Its Insulated Concrete Form and Will File Provisional Patents Domestically and Internationally
UNIONDALE, NY--(Marketwire - April 14, 2009) - Alternative Green Technologies, Inc. (PINKSHEETS: AGTI), a public company focused on reducing the carbon footprint in the world by acquiring and building green companies that help the environment, announced today that it has made significant design improvements to its green Reddiform Insulated Concrete Form building product which improves on the original product and patent and makes the product more versatile, allows for curved walls, and reduces the number of parts needed to create any building configuration. The Company will file provisional patents on this product domestically and internationally in addition to seeking a process patent on the Reddiform System in order to protect and secure the Company's technology.
"We have always desired to create and have the best insulated concrete form in the marketplace allowing for the widest range of use for both commercial and residential builders," stated Ron Ardres, Sr., founder and inventor of the Reddiform System and the Company's technical advisor. "Our Reddiform product is an essential element to developing certified and reliable green commercial and residential structures which result in energy efficient and environmental friendly building structures. The Company is currently expanding its reach both domestically and internationally and believes it will have several additional positive announcements in the near future."
About Alternative Green Technologies, Inc.: Alternative Green Technologies (PINKSHEETS: AGTI) is a public company focused on the commitment to reduce the carbon footprint in the world by acquiring and building companies that help the environment in reducing carbon emissions in addition to reducing worldwide energy costs and waste. Our Company will seek to acquire and grow companies and undertake projects which help achieve this reduction either directly or through the creation of carbon offset credits and/or tax credits.
Our subsidiary, Reddiform Worldwide, Inc., has the exclusive worldwide license in perpetuity to market, manufacture and sell Reddiform Insulated Concrete Forms ("ICFs"), a green patented building product that allows for reduced energy costs while providing more economies and efficiencies in the construction process for homes, industrial and commercial buildings. Homes built out of Reddiform require an estimated 44% less energy to heat and 32% less energy to cool and can be designed for use in Earthquake Zones 4 and 5, and to withstand hurricane winds of 200 miles (330 kilometers) per hour.
For more information about Alternative Green Technologies, Inc. go to www.altgreentech.com.
NOTE: This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results.
Contact:
Alternative Green Technologies, Inc.
626 RXR Plaza
Uniondale, NY 11556
516-832-7000
Alternative Green Technologies, Inc. Executes Letter of Intent Licensing Reddiform's Technology to Real Estate Development Group for the Country of Canada
Monday February 23, 8:55 am ET
License Agreement Expected to Yield Several Million Dollars Annually Upon Penetration of the Canadian Market
UNIONDALE, NY--(MARKET WIRE)--Feb 23, 2009 -- Alternative Green Technologies, Inc. (Other OTC:AGTI.PK - News) announced today the execution of a letter of intent licensing its Reddiform green building product technology for the exclusive production, distribution and installation of the Reddiform ICF construction system throughout the country of Canada to Vision enVert Inc., a Canadian construction, development and management company.
Alternative Green Technologies, through its Reddiform Worldwide subsidiary, will achieve initial licensing fees totaling $ 875,000.00 as exclusive rights of certain Canadian provinces are exercised. Additionally, Reddiform Worldwide shall receive a royalty of 3% of gross sales when the Reddiform ICF system is manufactured, purchased and/or installed and a royalty of 10% of gross sales when the Canadian licensee acts as a distributor of the product. Reddiform Worldwide will also have a carried interest of 20% in the licensee entity.
The 15-year licensing agreement specifically covers the provinces of Quebec, Ontario, British Columbia, Alberta, New Brunswick, New Foundland and Labrador, and Prince Edward Island and is subject to minimum sales requirements which increase over time in each province. It is expected that a definitive agreement will be executed by March 15, 2009.
Vision enVert is a full service real estate firm involved in the design, development, construction and management of various real estate projects throughout Canada with a philosophy of conservation of the environment. It is the intention of Vision enVert to not only use the Reddiform ICF system in their own projects but also to manufacture, sell and install the system for third party real estate projects.
About Alternative Green Technologies, Inc.: Alternative Green Technologies (Other OTC:AGTI.PK - News) is a public company focused on the commitment to reduce the carbon footprint in the world by acquiring and building companies that help the environment in reducing carbon emissions in addition to reducing worldwide energy costs and waste. Our Company will seek to acquire and grow companies and undertake projects which help achieve this reduction either directly or through the creation of carbon offset credits and/or tax credits.
Our subsidiary, Reddiform Worldwide, Inc., has the exclusive worldwide license in perpetuity to market, manufacture and sell ReddiForm Insulated Concrete Forms ("ICFs"), a green patented building product that allows for reduced energy costs while providing more economies and efficiencies in the construction process for homes, industrial and commercial buildings. Homes built out of Reddiform require an estimated 44% less energy to heat and 32% less energy to cool and can be designed for use in Earthquake Zones 4 and 5, and to withstand hurricane winds of 200 miles (330 kilometers) per hour.
For more information about Alternative Green Technologies, Inc. go to www.altgreentech.com.
NOTE: This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results.
Contact:
Alternative Green Technologies, Inc.
626 RXR Plaza
Uniondale, NY 11556
516-832-7000
--------------------------------------------------------------------------------
Source: Alternative Green Technologies
http://ih.advfn.com/p.php?pid=nmona&cb=1235798765&article=36372305&symbol=NO%5EAGTI
Good question, I started this site, but that was an effort for what appears to be nothing.
Brandan, correct me if I am wrong.
Their website is still up, which is a good sign.
Gee, how many AVTX folks sold, kept the AVTX price down when it was moving and then went to this "sure thing"?.
We could have gone to .15 or more at that time but I guess the defectors thought this was the better play.
Once we have the I-6 spin off and the Hasma wine takes off...well, they can decide whether they made the right choice bailing from AVTX to get into this thing.
Good luck to all of us.
What ever happened to that testing which was supposed to happen this last summer.
New merger announced. Finally, the company is on the move!! Good things do take time.
Niteagle Systems Inc. (OTC: NGLE), which was formed in 2006 to develop the next generation of enhanced vision systems for a wide variety of applications, today announced that it has retained E & E Communications, Laguna Hills, California, to assist with its new investor and public relations programs.
Brandan, I have been watching Niteagle and appreciate your updates.
Sorry you are lonely and GATORS WIN!, BACK TO BACK. Half my family was in Gainesville last night for the celebration.
Niteagle is still around and from what I can find out, still hale and healthy. Seems their technology is panning out and they may be adding real estate holdings to the company. The stock, unlike some dire predictions posted to this board, has not plummeted to the sub-pennies. Rather it appears the 50 cent price is rather strong, since sales have not occurred to drive down the share price. I cannot wait for the filings to come out and the market makers get on board! Sometimes we just have to accept delays and patiently wait for the good things to happen. Good luck to anyone that happens to read this post. It's lonely over here;)
Colleen,,,The only Ball I see, is Sonny. Perhaps Brandon can inform you of the exact connection.
FOR IMMEDIATE RELEASE:
Niteagle Announces StarLight™ Night Vision Driving System
Demonstration System Field Trials Scheduled for August, 2007
RANCHO MIRAGE, CA, Mar 01, 2007 -- Driving at night may just have gotten easier and safer, thanks to the StarLight Enhanced Vision System, announced today by Niteagle Systems Inc. StarLight imaging technology literally turns night into day, augmenting the sight of nighttime vehicle operators, allowing them to see greater distances and drive with greater depth of vision and safety margins.
Niteagle’s StarLight development has produced a promising hybrid imaging technology that combines low ambient light CCD imagers with the power of I/R (infrared) image enhancement systems, producing a camera and display system hundreds of times more sensitive than the human eye to nominal light levels. Built initially for long distance driving applications such as trucks, buses and recreational vehicles operators, the system can be installed in under 1 hour in most vehicles.
“Finally, an affordable and practical night vision driving aid is available for RV owners and professional drivers alike. The StarLight system lets you see what’s really ahead, and greatly improves driver’s sense of the road and surroundings. No longer does driving at night have to mean extra worry and stress,” said Sonny Ball, CEO of Niteagle System Inc.
Ball continued, “Niteagle was founded on the promise and need to provide practical, affordable Enhanced Vision Systems to night driving challenges. The StarLight Night Vision System is just the first step in our evolving technology solutions for improving vehicle safety and driving convenience”
Retail pricing for installed systems is targeted under $1,299.00.
Niteagle Systems Inc. is a development stage, publicly traded Nevada corporation (NGLE) formed in 2006, to develop and market a new generation of IR imaging technology for motor homes, trucks and other mobile applications. NSI, through technology development and licensing, produces mobile imaging and security solutions.
Please contact D. Ball for more information: (310) 541-3343 Email: ir@niteagle.com, or visit the company web site at http://www.niteagle.com
Safe Harbor Statement
This document contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements regarding the plans and expectations of company management at the time of publication. However, actual company actions, performance, development of stated products, sales and marketing activities are subject to change. Actual results could differ materially as a result of unknown risks and uncertainties, including but not limited to, risks related to Niteagle Systems Inc.’s limited operating history. All forward-looking statements in this document are based on information available to Niteagle as of the above date of publication
FWIW...Gary is pulling my tail about short sellers.....
I hope you're right about AVT. There's a lot of good people holding stock. You are correct about the royalty agreement, but only to the extent that Nite uses AVT technology in their products. That is where we are in disagreement. I don't believe Nite will use any of AVT's stuff. If I'm wrong, hopefully it's a win-win for both companies.
To be successful, Niteagle has to make a large splash that will excite the brokers to buy into the stock and support the price. Without this happening, Nite will go the way of AVT. It won't do anyone any good for Nite to start trading without this necessary support. I am hopeful that Nite is working to get their ducks in a row. In the near future, I think we will see the initial filing, along with press releases that will detail where they are going with the company. Time will tell.
On that part about a broker-dealer network, there would have to be someone doing that IPO spin off....As for holding my breath, there is more buying than selling (Volume).
---NGLE has a fixed royalty deal with AVTX and I hope they sell millions!
How long can you hold your breath? ;) AVT has cooled system, Nite has uncooled plus other products. I don't think there's going to be much of a royalty stream to AVT. To restate my opinion, this is not a spin-off and NGLE is a stand-alone company, not related to AVT. Gary Ball must be in his mid-to late 60's. Do you really believe he is working on a spin-off? As I am learning with some other companies, to be successful, a new company has to have a broker-dealer network that will buy into the stock and support the price. I suspect Ball is a long way from any network.
I agree that someone is dumping shares, but more likely that it is UBS playing games via the Berlin market. Being that all XT6.be shares are naked short, it will only help send AVTX to the moon when the IPO spin off occurs.
----You guys need to hurry up and start paying royalties so we can do a buyback.
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Identification of hot-spots of energy consumption and associated CO2 emmissions;
Buying electricity from companies that generate electricity from renewable energy sources such as wind turbines, solar panels, hydroelectrical plants or from nuclear power plants;
Optimization of energy efficiency;
Identification of solutions to reduce or nuetralize CO2 emissions that do not come from energy saving measures. Carbon offsetting is a prime example.
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Mitchell Segal - President and CEO
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Our first acquisition, Reddiform Worldwide, Inc., owns the license in perpetuity to manufacture and market Reddiform, an insulated concrete form for the building industry. Reddiform's insulated concrete form building technology has served commercial and residential builders, local and state government and energy conscious homeowners since 1990. Buildings, reinforced concrete walls and foundations made from our product offer structural, energy saving and cost saving advantages over traditional construction and standard insulation methods. Reddiform construction provides for more efficient construction, structural stability and a healthier living environment while reducing energy consumption. Some of the advantages include:30% lower construction costs |
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Ron Ardres, President of ReddiForm, Inc. demonstrates stay-in-place, insulating concrete form systems to a capacity crowd at the World of Concrete in Las Vegas. |
Alternative Green Technologies Inc. announced that its ReddiForm Inc. has entered a representation and distribution agreement with Innovative Building Systems Ltd. for the exclusive right to sell and distribute Reddiform's green building product throughout Bermuda. Innovative Building Systems Ltd. must purchase a minimum of 50,000 Reddiform forms at a price of $12.50 in order to keep its exclusivity in this territory. Homes built out of Reddiform require an estimated 44% less energy to heat and 32% less energy to cool and can be designed for use in Earthquake Zones 4 and 5, and to withstand hurricane winds of 200 miles (330 kilometers) per hour.
Alternative Green Technologies Inc. announced that its ReddiForm Inc. has entered a representation and distribution agreement with Bahamas Foam & Construction Products Ltd. for the exclusive right to sell and distribute Reddiform's green building product throughout the islands of Nassau, Abaco and Long Island in the Commonwealth of the Bahamas in addition to Paradise Island and Jamaica. Bahamas Foam & Construction Products must purchase a minimum of 50,000 Reddiform forms at a price of $16.50 in order to keep its exclusivity in these territories. Homes built out of Reddiform require an estimated 44% less energy to heat and 32% less energy to cool and can be designed for use in Earthquake Zones 4 and 5, and to withstand hurricane winds of 200 miles (330 kilometers) per hour.
Alternative Green Technologies Inc. announced that its ReddiForm Inc. subsidiary has entered a representation and distribution agreement with Wade Weinberger Contractors for the exclusive right to sell and distribute Reddiform's green building product throughout Royal and Russell Islands in the Commonwealth of the Bahamas. Wade Weinberger Contractors must purchase a minimum of 250,000 Reddiform forms at a price of $16.50 in order to keep its exclusivity in these territories. Homes built out of Reddiform require an estimated 44% less energy to heat and 32% less energy to cool, and can be designed for use in Earthquake Zones 4 and 5, and to withstand hurricane winds of 200 miles (330 kilometers) per hour.
Reddi Form, Inc. distributes ReddiForm in areas with no listed distributor or dealer.
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