Replies to post #4670 on Ameriguard Security Services Inc (AGSS)

[Tiger Money]

I thought someone already told you that is the control block….those will not be converted unless they ever use them for an acquisition

[free_man_n_paris]

Part of my concern as well, since I recently got out of one that had that happen. That one has almost a billion in revenue yet is trading now at .014. Because of conversions.
Also concerning is the 500 mil A/S, which most likely would be used for acquisitions. But how many shares will be required for any is yet to be seen, as well as the revenue of said acquisition.
Not knocking the company at all, just expressing a concern.

[i_like_bb_stock]

its a control block happens with all reverse mergers
On September 8, 2021, as a result of a private stock purchase agreement, 10,000,000 shares of Series A-1 Preferred Stock, $0.001 par value per share (the “Shares”) of the Company, were transferred from Custodian Ventures, LLC to AmeriGuard Security Services, Inc. As a result, the AmeriGuard Security Services, Inc. became holder of approximately 91% of the voting rights of the issued and outstanding share capital of the Company on a fully-diluted basis of the Company, and became the controlling shareholder. The consideration paid for the Shares was $450,000. In connection with the transaction, David Lazar has forgiven the Company from all debts owed to him and/or Custodian Ventures, LLC.