Ameriguard Security Services Inc (AGSS)

[nickjackson600]

This will be in the expert market soon just like the rest of Lazars garbage! Heartbreaking!

[Freemoney1]

Boy glad I got in in the 2.5 range when ot looked like we were gonna keep hearing things and moving. Lwol now its wait time. Haha

[netmoney1999]

Wow sure is apparent that interest and trading volume is rapidly drying up and the price is being walked back down... almost to its 6 month low.

Nobody to blame but the company for total lack of any news or information.

[skichic]

That DD is why I keep buying:) Thanks for posting it!

[ANTI-BAGHOLDER]

AGSS Some big DD here :

https://twitter.com/cmacktrades/status/1561451064641060865?s=21&t=d06XTWRtzT0ACikRx__0pw

[skichic]

They can’t tell individual shareholders anything, except to wait. It’s illegal.

[skichic]

AGSS is a shell that a 100 mil+ company company is merging into. You need to do your DD, read the filings. This is not a quick flip stock, patience and it should trade for $10.00+++ when merger is complete.

[CaoPanShou]

AGSS is an empty shell.

[Candle]

Don’t know where you got that idea. Have you watched this interview.

[mikar]

How can the company have no cash with supposedly 100mil in revs?

[T3hCheshireCat]

Anyone try contacting the company to try to get some sliver of what the heck they are doing? This is getting ridiculous with the lack of... anything.

[free_man_n_paris]

All markets are red today

[netmoney1999]

Its pretty obvious that they don't want to give any news or updates... sad.

[fourcloze]

What a POS!!

[rwalto]

And back to the slow grind down without news

[skichic]

You realize that is a standard statement in every OTC financial, it’s required. The 10 mil in accumulated deficit is a tax write off for the incoming company, generally the bigger the better. Shells have no revenues by definition, their biggest asset is their deficit. Just an FYI, the deficit is not a debt.

[buccaneer1961]

Ok..so they are about ready...good ok thankyou

[Candle]

Of course it’s realistic. Everything looks to be ready to go. They just need to pull the trigger and move assets into the shell. Then file an 8K documenting the changes so the world knows what they are doing. Share price will move up, and value of the assets will reflect in share price. Then notice of up listing plans, and asset purchases will add value. There will be an increase in shares, but they have already said that will come with growth.

We are almost upon the 1 year mark of the shell purchase. I believe we are very close to all of this happening soon. JMO

[buccaneer1961]

What exactly are they needing to do so they can close? Is it realistic?

[rwalto]

They will definitely need to dilute a bit to raise capital and finish the merger, but shouldn't be anything crazy.

Like you said, there are no convertible debts or note holders that need to be compensated, and AGSS unlike many companys merging into shells already has an established business with an assumed amount of working capital. This isn't a startup that will need to dilute heavily just to pay for the basic costs of doing the Reverse Merger.

Still waiting on the 8k, but this should be a very clean merger.

[Tiger Money]

How do these guys short this stock? Someone continues to short it unless it is the dealers because a super duper low float like this one is often too hard to short.

[Tiger Money]

I will try to snapshot the balance sheet for you but the 10 mm is a equity deficit not a loan or debt or obligation. They have zero debt. They could have worded that better by putting stockholder before “ deficit “. The shell is whistle clean. No toxic debt like a lot of these shells get stick with. Not here. Not a pumper. Obviously long but I only state what are well researched thoughts or facts like the above about the ten million. Good luck to all

[Candle]

Not needed. It’s just saying the 20 to 1 reverse split created the unrealized share holder deficit of $10,084,167. No need to let the games mess with your head. One of the cleanest reverse mergers I’ve seen on the pinks.

We are very close to things being announced now the 10Q for the second quarter is filed and sums things up through June.

[free_man_n_paris]

Not pumping as I don't have a position currently.
But they could take care of that by issuing about 5 million shares. Not great, but o/s count would still be around 8 million.
Certainly not horrible. Depends on numbers from Ameriguard once we see them.
IMO

[Candle]

That was already realized with the stock split. It’s all there on the balance sheet. Nothing has changed. We are in great shape still. IMO

Current Total liabilities = $29,776

Stock holder deficit from the reverse split, which was realized when the stock split = $10,084,167.

[fourcloze]

Yeah, ahhhh, that's pretty specific. So what's the pumpers take? Ignore it I guess? lol

[netmoney1999]

Read the 10-Q... directly quotes from the Overview and Going Concern paragraph:

"The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve months following the date of these financial statements. As of June 30, 2022, the Company had no cash and an accumulated deficit of $10,096,049."

[free_man_n_paris]

I understand what you're getting at.
Stock could soar even with dilution if offset with revenue from Ameriguard once we get that info.
Though I'm still on the sidelines, GL to you and everyone.

[Tiger Money]

Here it is written explicitly:

"Recently the Company is being funded by Ameriguard Security Services, Inc., California corporation which has extended interest-free demand loans to the Company. Historically, the Company raised capital through private placements, to finance working capital needs and may attempt to raise capital through the sale of common stock or other securities and obtaining some short-term loans. The Company will be required to continue to so until its operations become profitable. Also, the Company has, in the past, paid for consulting services with its common stock to maximize working capital, and intends to continue this practice where feasible."

These guys can get bank loans!!!!!

[Tiger Money]

I’m not blaming you but u have a one to one correlation with the stock price….

[Tiger Money]

Yes, we’ll said. Therefore, a PR can come out anytime, an 8k could come out anytime or both could come out together at anytime. These guys are very polished professional crew.

[nsomniyak]

Of course it is dilutive. All reverse mergers are dilutive. All the assets are in the private company coming in. The only thing the shell has, by definition, is the public listing.

[free_man_n_paris]

Let's see how the market reacts to this good/bad news.
Good, being that merger is pretty much a sure thing.
Bad, is that it will be "very dilutive"

[nsomniyak]

It seems a clear tell (especially when added to other evidence) that the r/m will in fact happen. We are just waiting for the final terms.

[Tiger Money]

Yes it is… I’m not sure I have ever seen that before. It is for sure remarkable

[nsomniyak]

That is a pretty telling point.

[T3hCheshireCat]

Where the heck are you getting 10mill in debt???? The debt is currently roughly 41k on paper but it says in another section that Ameriguard is basically paying the shells bills. Don't start with the FUD!

[netmoney1999]

The shell has also accumulated over $10M in debt, and yes I also noticed the section regarding dilution... this doesn't sound good:

"Based upon our current operations, we do not have sufficient working capital to fund our operations over the next 12 months. If we are able to close a reverse merger, it is likely we will need capital as a condition of closing that acquisition. Because of the uncertainties, we cannot be certain as to how much capital we need to raise or the type of securities we will be required to issue. In connection with a reverse merger, we will be required to issue a controlling block of our securities to the target’s shareholders who will be very dilutive."

[i_like_bb_stock]

agreed

[Tiger Money]

More big info:

We are pursuing a business combination with Ameriguard Security Services, Inc., California Corporation. To date we have no signed definitive agreement, have not submitted the terms of the proposed transaction to appropriate regulatory agencies for approval and have not determined the terms of any agreement. If a business combination is consummated with Ameriguard Security Services, Inc., California Corporation, our Company will cease to be a shell company (as defined in Rule 12b-2 of the Exchange Act). We will be an operating company engaged in providing security services.

[Tiger Money]

Yes correct. BB look at this nugget from the Q:

"During the quarter ended June 30, 2022, Ameriguard Security Services, Inc., California corporation paid expenses on behalf of the Company totaling $11,882. As of June 30, 2022, the Company had a balance due to related party totaling $41,658."

The company that is supposed to be coming in is already paying the bills of the shell!!!! Huge

[i_like_bb_stock]

as of the end of June anyway

[Tiger Money]

Just as I look predicted, no merger yet as we never got an 8k. It is just a matter of when….

[SophistryStonks]

10Q out

https://fintel.io/doc/sec-ameriguard-security-services-inc-1514443-10q-2022-august-15-19219-7404

"Plan of Operation

We are pursuing a business combination with Ameriguard Security Services, Inc., California Corporation. To date we have no signed definitive agreement, have not submitted the terms of the proposed transaction to appropriate regulatory agencies for approval and have not determined the terms of any agreement. If a business combination is consummated with Ameriguard Security Services, Inc., California Corporation, our Company will cease to be a shell company (as defined in Rule 12b-2 of the Exchange Act). We will be an operating company engaged in providing security services."

The following section has some concerning language about the need to issue dilutive shares to raise capital or close merger/acquisition targets tho...

[prosledder]

10Q tomorrow!?!?

[rwalto]

That trade came at seconds after the bell, and was only for 7 shares. It was just a delayed trade.

if it was a T-Trade it would have been a few minutes after the bell and likely for a lot more shares if they were actually diluting.

[vanmor]

T Trade or else a trade that happened at the very last second. There's still no after hours trading in the OTC to the best of my knowledge. Mark

[free_man_n_paris]

First time I'm aware of that Ameritrade is showing AH trading on AGSS.
?????????

[free_man_n_paris]

The one thing I feel sure of is AGSS will not be at this level after the Q comes out.
Depending what's in it, peeps will either be buying or selling.
Been a long long wait for news/updates.
GL

[prosledder]

Not going to lie, a little scared, nervous and excited for this Q. Probably because I have ptsd after the RS news we saw such a drop in price. But i'm also very excited to see if we get any forward guidance which is all I'm really hoping for. I guess I'm trying to keep my expectations low...if LG is aware of the situation, and in general I don't think a dumb person then he should know but probably limited we have to say something.