American Fiber Green Products, Inc. to Report Fourth Quarter Revenue
23 Marzo 2012 - 11:30AM
Marketwired
American Fiber Green Products, Inc. (OTCQB: AFBG) (PINKSHEETS:
AFBG) today announced that the company will report its first
substantial revenue from its proprietary fiberglass recycling
division, Amour Fiber Core, Inc.
AFBG President, Daniel L. Hefner, noted that the 10K due to be
filed at month's end will report the first revenue from the
multi-billion dollar wind energy industry. Fiberglass disposal
generates millions of dollars in tipping fees annually, according
to Hefner.
Hefner stated, "We have spent a number of years preparing for
the day that we could implement our plan of recycling fiberglass.
The fourth quarter of 2011 was the right time to launch because of
the needs expressed by leaders of the wind energy industry, to find
an alternative to placing the damaged wind blades in landfills.
According to industry professionals, these massive fiberglass
components will not degrade for thousands of years if left intact.
We are excited about our role in mitigating this issue and
generating operating revenue."
According to AFBG Chairman Kenneth McCleave, the company has
been responsible for blade extraction in Minnesota, Montana and
Texas and will be expanding its operations across the country to
meet the hundreds of requests for implementation of the fiberglass
recycling process patented by William Amour.
McCleave stated, "Now that we have opened the door, we are being
inundated with calls and emails from around the country for the
company to come to the aid of manufacturers nationwide who desire
to prevent fiberglass from going to landfills. Our patented process
will allow us to make useful, quality products from the fiberglass
stream. Revenue is expected to grow dramatically as we expand to
meet these needs."
American Fiber Green Products, Inc. trades under the symbol
AFBG. The company maintains a website at
www.americanfibergreenproducts.com.
AFBG has a Strategic Partner in American Commerce Solutions,
Inc. trades Over the Counter under the symbol, AACS. The Company
maintains a website at www.aacssymbol.com
Under the Safe Harbor rules consider the following: Any portion
of this presentation that is not historical in nature is subject to
change due to any number of factors that are not under the control
of the Company or its officers. As such, anyone reading this
information release should consider the possibility that material
differences from the information presented may occur and should be
verified before any consideration to invest.
Contact: Daniel L. Hefner 813-244-9843
Grafico Azioni American Fiber Green Pro... (CE) (USOTC:AFBG)
Storico
Da Apr 2024 a Mag 2024
Grafico Azioni American Fiber Green Pro... (CE) (USOTC:AFBG)
Storico
Da Mag 2023 a Mag 2024