American Fiber Green Products, Inc. Secures Boat Recycling Site
14 Giugno 2012 - 1:00PM
Marketwired
American Fiber Green Products, Inc. (OTCQB: AFBG) (PINKSHEETS:
AFBG) has secured a West Central Florida site to locate its
proposed fiberglass boat recycling operation.
Daniel L. Hefner, President and Chief Executive Officer,
announced today that several formal and informal meetings with land
owners and potential funding partners throughout the month of May
and early June, have resulted in a land use agreement in the form
of a lease with option to purchase up to 130 acres of property on
rail in Mulberry, Florida.
AFBG Chairman Kenneth McCleave stated, "Continued interest in
the company and the solutions we offer to address Florida's massive
abandoned and derelict boat problem, particularly around the Gulf
Coast, emphasizes the significant magnitude of the problem, not
only in Florida, but in all coastal states. We have received
numerous calls since our announcement of imminent creation of a
solution which will serve as a model for other locations which can
employ the technology of AFBG subsidiary Amour Fiber Core, Inc. We
are confident that we will have the support of local and state
government and leaders to expedite implementing our plans."
"I am pleased with the site selection for this project and the
exceptional terms and conditions that substantially minimize our
costs during the first 12 months of operation," AFBG President
Hefner stated. Hefner continued, "We expect to make the site
available to receive boats in early fall of this year."
AFBG will generate revenue from drop-off fees, transportation
solutions, and in some cases, raising and removing boats from
waterways. It is estimated that there are as many as 10,000 boats
sunken in the shallow waters off the Florida coast and in the
rivers and tributaries.
American Fiber Green Products, Inc. trades under the symbol
AFBG. The company maintains a website at
www.americanfibergreenproducts.com.
AFBG Strategic Partner, 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
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