Ameriguard Security Services Inc (AGSS)

[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...