Advanced Growing Systems, Inc. Files Form 10-SB With the SEC to Become a Fully Reporting Company Tuesday April 24, 8:00 am ET
Company Seeks an Immediate Listing on the OTC: Bulletin Board and Prepares for a Listing on a National Exchange
ALPHARETTA, GA--(MARKET WIRE)--Apr 24, 2007 -- Advanced Growing Systems, Inc. (Other OTC:AGWS.PK - News) announced today that it has filed with the U.S. Securities and Exchange Commission a Form 10-SB to become a fully reporting company. The filing of the Form 10-SB will meet the reporting requirements to list the Company's common stock on the Over the Counter Bulletin Board (OTC BB:BB.OB - News) quotation system. Although there can be no assurances, this is the first step in the Company's ultimate goal of listing on a national exchange by late 2007.
"Our goal is to increase transparency and boost investor confidence," stated Chris Nichols, President and CEO of Advanced Growing Systems, Inc. "Becoming fully reporting and having our shares meet the OTC:BB requirements is the first step to enhancing our common stock's availability within the institutional investment markets. Our next goal is to work rapidly towards meeting the eligibility requirements for listing on a national exchange to continue to grow the Company and enhance shareholders' value."
About AGWS:
Advanced Growing Systems, Inc. ("AGSI" or the "Company"), founded in 2006, is the parent company of Organic Growing Systems, Inc. (a scientifically advanced Organic fertilizer manufacturer) and Advanced Nurseries, Inc. (a wholesale group of Commercial Nurseries located in the Southeastern US). AGSI is dedicated to providing its shareholders significant value and is directly involved in the $48 billion fertilizer market and the $66 billion Green Industry. AGSI was founded by a skilled group of industry professionals each with over 20 years of direct experience in the "Green" industry. As profitability is paramount, we intend to maintain a combined GPM of 35-40% for Organic Growing Systems, Inc. and Advanced Nurseries, Inc. For more information, please visit www.AGSIncorporated.com.