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Man would like to see this blow up like the winds of Gustav...Maybe next week we can get something to sink out teeth into...
Everyone says they email him yet no one pastes the header of an email that they claim to have sent...use this email address: mdwyer@247mgi.com and see what happens paste the header after you send it so everyone knows you sent it then let's see if you get a reply or not...
Appears to be a company operating since 1985....
It appears they did get the assets and the $38 mill was loses from when AMNE was a development Stage Company (or shell)Not a result of AES operations...
FINANCIAL STATEMENT CLARIFICATION:
TOTAL ASSETS $155,711
Deficit accumulated during the development stage
(38,461,083)
AMERICAN GREEN GROUP, INC.
BALANCE SHEET
March 31, 2008
(unaudited)
ASSETS
CURRENT ASSETS
Cash
$
0
Inventory
27,000
Accounts receivable
124,711
Total Current Assets
151,711
Goodwill
4,000
TOTAL ASSETS
$
155,711
LIABILITIES AND STOCKHOLDERS’ EQUITY / (DEFICIT)
CURRENT LIABILITIES
Accounts payable
$
88,632
Total Current Liabilities
88,632
STOCKHOLDER’S EQUITY / (DEFICIT)
Preferred Stock, $.001 Par Value; 30,000,100 shares authorized; 30,000,100 shares
issued and outstanding
30,000
Common Stock, $.001 Par Value; 500,000,000 shares authorized; 373,919 shares issued and outstanding
374
Subscription payable
4,000
Additional paid-in capital
38,493,788
Deficit accumulated during the development stage
(38,461,083)
Total Stockholders’ Equity
67,079
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
$
155,711
Grey not sure of the type of deal worked out with AES could have been an asset sale or straight purchase which in either case the assets of AES become part of AMNE and so could part of the debt of AES...Not the $38 million in lose carryforwards from the shell...All I am stating is that the $38 million was not a result of the operations of AES...
Email him mdwyer@247mgi.com if you have then post the headers if he is avoiding you not that difficult...
Because when you acquire a company you acquire their past financials for the coming years...unless they are zeroed out which this was not...As for the shell being clean no need to beat that drum anymore....Its legal to use taxes losses...done everyday...
You could be right that would save a whole lot of money that could be used for other things....
Ah you get R E S P E C T just not here...
Hmmm more like Tin Chef...LOL..later Chief...
He's smacking alright what I don't know...
OK Julia Chiles....
Well let's hope he lights this puppy up.....
That's right a man of fine cigars and fine wine what do you need for that CHEDDAR.........
A nice hunk fo Cheddar and some fine vintage wine with a cigar....
Well actually what was said when things have taken place he is Co-CEO and on the Board and can still speak for the company until he resings which is when the filings are done....so I guess his emails still count sorry...waiting for next line of B/S....
Who's that and will he bring money?????
I am not stating what management is saying or not saying regarding AMNE...just mentioning the losses are accrued from previous lives of the shell...have no clue who that is...
Companys is not bleeding $38 million in loses stop trying to confuse people the loses are from the previous winners in this shell...Maybe you should look on the positive with all those losses less taxes AMNE will have to pay...
That is true the future is in Green Energy and all things Green....AMNE might just surprise people...
Actually the $38 million are accrued loses are from the previous companies....
See post from Chief...directly from Matt
Da Chief's in da house what's up my brothra...See you been working the magic on the IBOX first class all the way...
Ok whats the skinny here cash and cabbage to be made I see...now for the good part when is it dive in time...
Becuase of the week being cut short with everyone wanting a long holiday I wouldn't expect to hear from the company until next weeks sometime then as Ricky Recardo says "they got some explainen to do"
Time has been running and the PPS hasn't....with that said at least we got two Pr's and most of the time companies don't bother to tell you when they aren't moving forward on deals...Curious so know the game plan must be one would be nice to be in the know...
You make a lot of valid points that are true in this market...This deal has some stigma to it no need to dig it up...Hoepfully they will step to the plate answer the hard questions tkae the lashing from the investors and move forward with the mom and pop as you put or anything else that can be added to add value to the PPS....Time will tell and the sands of glass are running out...
No salaries are being paid was mentioned in the conference that day in fact Matt stated he pays the bills out of pockets...I would expect some advances to come from the funds coming or there better be...Video is long over due...not much you can with no money now with some money let's see the big picture
weird drops from 4 to here no reason no bad news nothing very very odd
What do you mean by date share structure? do you mean update...
Just a guess but after the holiday would make sense considering people usually begin to take off tomorrow for the long holiday....
Sorry to correct you, but by placing the name as the contact for IR relations does not mean "signing the release" only a officer of the company can sign a release....
NQB shows previous claose as Prev Close 0.20 and the last trade date as 8/20/08 so it makes sense...it also trade 161,000 shares that days all selling drove the bid from $.02 down to $.003 then a last trade at $.01 gives us the $.20...
I think we should compile a list of questions and get them to asnswer in a public forum I took Da Chiefs suggestion and email Smallcap Rapp about have them on they do a live show with shareholder interaction...no one knows the questions before they are asked could format and the audio is clear check it out www.247mgi.com and click on the archive tab to listen to some..
Once it trades it will fill in...
No if you take the last trade of $.01 before the reverse then you multiply by 20 and you get $.20....I think IMO we get some updates next week they see by the last two PR's to be cleaning up the past then after the holiday we go...Or I could be sniffing to much glue find out this week...
Maybe they haven't update yet, but nice catch you seem to know where to look...
If you have solid info conerning AMNE or the peeps you mention please share with the rest of the class I think we are would like some concrete answers...
Good questions hope we get answers next week...
Not unless they either reversed on the O/S and not the A/S or they did the reverse and increased the A/S again to 500 mill....I actually like the fact that it is down to 75 mill and the Preferred is cut down to 5 mill...better for all of us