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I-Glow

10/10/14 11:46 AM

#132213 RE: Stockhermit #132212

AEGY issued many press releases about acquisitions but none ever resulted in any revenue.

In the financials you will find:

During the year ended July 31, 2012 and to date, we continued our business development activities with the acquisition of Clarrix Energy, LLC. Due to limited working capital, we have been unable to implement the planned activities or Shovon and Sunarias, and have decided to close those operations in order to concentrate our efforts and limited funds
on Clarrix and the new acquisitions we have planned.

Then you have:

In May, 2013, the Company agreed to acquire the PharmaJanes marketing operation from iEquity Corp. and will be changing its business model to focus purely in the medical marijuana marketing space. AEGY will be changing its name to PharmaJanes, Inc

AEGY just never made it to changing their name - but they have promised this many times in the past.

All of the AEGY acquisitions are for pumping purposes only.

IG