Ameriguard Security Services Inc (AGSS)

[InvestingDocP]

Great DD on the verifying.

[IceCold8]

Thanks for the correction.

[Jasonwhamilton]

Not the same company

[IceCold8]

$AGSS Ameriguard is in my state now,crime is off the charts,and Lawrence Garcia has a 2-star rating...falls in line with his other gross underachievement. https://stocktwits.com/Icecold8/message/586211456

[T3hCheshireCat]

Have been wondering this myself tbh. It's got to be soon.

[IceCold8]

How much longer before Ameriguard has their qx status revoked,anyone???

[IceCold8]

Lawrence "Snake Oil" Garcia

[IceCold8]

Show your shareholders how you really feel about them,LG!!!

[IceCold8]

Going, on four years as a holder of this,and I can't wait to rid it from my portfolio,I just need to mildly break even,then deuces,uces!!!

[IceCold8]

I'm guessing the MMS.

[Tiger Money]

So one trade for 84 shares on Friday. Who the fuc buys or sells 84 shares. Mondays big trade will probably be 29 shares. Someone doesn’t have to pay brokerage fees….

[IceCold8]

I was being sarcastic. Lawrence is a boil on the butt of life!

[Tiger Money]

I will never bow down to his sorry ass

[IceCold8]

He must really not give a hoot about shareholders then. It's as if we should be so,thankful to Lawrence,for allowing us to be a part of this endeavor,regardless if we loose money,or if he has actual plans,that he will execute. ALL PRAISE TO THE Omni perfect,Lawrence Garcia!

[Tiger Money]

I have asked that about 20 times. He doesn’t listen to me.

[IceCold8]

Ask Lawrence for an official PR addressing shareholders! If you can...

[Tiger Money]

I don’t know how many times I told LG no one knows who the heck his company is and if you want to be a public entity, where is your investor section on website, basic things like that…. You talk a big game in your sec statements, when the heck will we see anything? I could go on.

So so frustrating but the one thing I harped upon with my unreturned emails (but they were read) was that LG has WAY TOO MANY SHARES. It feels like they think they can pull a higher stock price out of their ass. Unless they start signing more contracts to gain sales, rather than replacing old expiring contracts or do a real merger, cutting his allotment down is a must so people don’t point to market cap based on all outstanding (although that is correct but his position is bloated) because the float is so minuscule.

Boy would I enjoy a powder keg day or two….but in my only conference call with him he stressed his long term vision. Now he has to match that up with the fluff he has dotted the sec statements with as long as g term for me started about 3 years ago. So why did the idiot go public if he wasn’t ready, of all places, the otc

[InvestingDocP]

I see it in a few possible ways:

It could be that we’re being strung along with fluff and given false hope about the true endgame for AGSS. Ironically, even if they revealed any plan to us—good or bad—it would probably increase the stock value.

There might be additional contracts in the pipeline that haven’t been disclosed yet, which could explain why they appear so overly optimistic in the quarterly reports.

[Jasonwhamilton]

100% agree. So the next question is, what now? What does LG do to find new interest or bring back many that gave up and left?

[netmoney1999]

I think thats the issue.. seems like nobody is paying attention to this stock any more other than a few of us on this board.

Pretty obvious when you see anemic volume after the quarterly report.

[FvfenTod]

My reoccurring dream/nightmare...a looong time ago LG said he wants to be on NASDAQ. Is he now getting regulatory SEC requirements in order (?) then maybe he will cancel enough of his shares to meet the NASDAQ threshold and boom we all get our money back. Plus a couple bucks for a cabin in the mountains.

[Jasonwhamilton]

What do we consider significant news here? Just curious? Last PR stated a 12% increase in revenue based on that contract. Any other company with a 12% increase would be significant. With this ticker being so quiet for so long, who is watching to see or care when news drops?

[Tiger Money]

So so so true!

[Tiger Money]

I couldn’t agree more!

[timmins4]

87.43 million shares are held by insiders. That leaves less than 7.49 million shares traded by the remaining shareholders (assuming that the insiders are hanging on to theirs). That is a very tiny float that will skyrocket when any significant news hits.

https://www.barrons.com/market-data/stocks/agss

[InvestingDocP]

The most frustrating part of this AGSS experience is the constant optimism in the quarterly reports from LG and the crew, yet we get almost zero communication as shareholders. Honestly, it feels like even if the guy so much as farted in our direction, the valuation would go up.

[Tiger Money]

Amen

[Jasonwhamilton]

I have tried to email LG many many times over the last 2 years with no response. I'm over trying to contact them, now I am at the point of just watching from the side and see if I can get my money back or make a few bucks.

[Tiger Money]

Great stuff! Call and tell them so. I have told them that for 2 years but they don’t listen to a dam thing I say. Doug thinks he is god and omniscient. He is an idiot with Wall Street experience from 30 years ago making him so dated as far as understanding how the otc works.

[Jasonwhamilton]

This is the right answer! LG created way too many shares for himself (I imagine to prevent someone from being able to take over his company while vulnerable in transition). He needs to get the share price up through contracts, a company purchase (as promised), and some real publicity to get institutional investors interested. Then he needs to cancel a LOT of his shares. As the structure stands today, he could probably still cancel half his shares without an issue. I hate the way he restructured after the R/S. Just my opinion...........

[Tiger Money]

Agreed and if they simply canceled about half of LGs shares, it will send this puppy way up

[netmoney1999]

lol thats not going to happen. They already did an RS a couple years ago.

They need to actually get some contracts and show the growth and profit they've been talking about.

[CaoPanShou]

Nothing a small RS can't fix....

[Green doggie]

https://www.otcmarkets.com/files/OTCQX%20Rules%20for%20U.S.%20%20Companies%20v%208.1%20%28Redline%29.pdf

Section 3.2

[InvestingDocP]

Anyone know how long it would take for a QX downgrade? I thought I saw below 0.25 somewhere, but Im not sure on the timeframe before it would happen.

[netmoney1999]

Not sure on those small trades... maybe somebody has a different discount brokerage and has a limit order in to accumulate cheapies on dips whenever they become available?

[Tiger Money]

Netmoney - who do you think there has been these endless odd lot trades the last two years? For example, today’s trade only trade for 744 shares for only $150 and then I will see 29 shares , 242 shares and so on (not today but other days). That has been very weird to me the last two years because often times, the trade size is so small it is cheaper than the $6.95 a trade I pay for otc trades at Charles Schwab. Any insight would be helpful as I doubt it is the mms but could be wrong. Man, a solid pump and dump would be perfect here. Just a matter of time as I don’t know how those criminal organizations work

[IceCold8]

Lawrence Garcia,has turned out to be quite dishonorable.

[Tiger Money]

Communication would be great and shocking at the same time. Long overdue!

[IceCold8]

Still, waiting on the enhanced shareholder value that,Lawrence was quoted in saying his mission statement per the qx uplist. 🤞

[netmoney1999]

Yeah, there is a lot of potential here... but it just doesn't seem like the leadership is doing much of what they've talked about for years.

Need some good news! Oh and maybe some communication from them too?

[Tiger Money]

Sounds like you and I are in the same exact boat. Thank you for clarifying and I agree with your assessment.

[netmoney1999]

Nope... I'm long and was very optimistic a couple years ago as well, and then nothing happened... and nothing keeps happening :(

Maybe if they get a few of those contracts they talked about in the 10Q it'll turn around.

[IceCold8]

Lawrence Garcia must be a dope fiend!!!

[IceCold8]

Probably an attempt to garner new unsuspecting shareholders to facilitate the MMS who trade this for beer money,while the rest of us know that the bloom has been off the rose for quite sometime!!! Check out this quarters financials. I wonder how much the big wigs on the board of directors earn in compensation.

[Tiger Money]

Not call you out at all, but are you short? I could care less but you have always been pessimistic. I used to be optimistic 2 years ago and that faded and now it feels like there is a turnaround as it got fairly bleak. It feels and looks like this transportation co is bringing new strategy and new life…

Again, if your short, I could careless

[netmoney1999]

Looking at their 10Q (another disappointing mess) and maybe I missed something, but I see revenue down compared to last year, posting a loss, and burned through over 1.5M of their cash.
"At the end of the second quarter of 2024 the Company experienced an 8.0% decrease in services revenue compared to the same time period of 2023 of approximately $1,066,000"

They also still talk about their overhead being able to handle 'significantly more revenue' yet they continue to have not accomplished this.

Overall - quite negative quarterly report. They are down to under 600k of cash after burning over 1.5M this quarter. They have loans with poor terms and high interest/fees. The only positive is the operating margins improved and they mentioned several bids on contracts which could result in added revenue, but only if they actually get them.

Not surprising that there was basically no volume today - nobody is interested due to another blah quarter. Price is going to continue languishing and drift downward, and increasing risk for falling out of listing compliance for the OTCQX

[Tiger Money]

Optimism - their revenue was higher in 2024Q2 than 2023Q2 after years of decline

[Tiger Money]

Welcome! I would love to make this a positive board but that is up to LG. I do feel like things have “somewhat “ turned the corner and like the new strategy. Much better return profile than parking a high cost guard at a monument they can’t protect anyway..

[Tiger Money]

Great point about the bar being low. I have been here unfortunately for years too. Down massive and will wait it out as long as it takes. At the end of the day, the share structure is massively investor friendly for a massive run with hardly any shares outstanding. A pump crew could take this to $15 easy. Heck, we have been at $4 or $5 at least twice on no volume