AMNE Extends Record Date for 5 for 1 Forward Split
May 27 2009 - 5:56PM
Marketwired
American Green Group, Inc. (PINKSHEETS: AMNE) announced today that
the record date for the Company's 5 for 1 forward stock split
originally set for June 1, 2009 is being postponed due to
anticipated delays associated with FINRA's (formerly NASD) review
process. Company Counsel has advised that it would be more
appropriate for the Company to delay setting the record date until
after final approval is received from FINRA.
Once the Company receives final approval from FINRA, which is
expected in June, the record date will be set promptly and payment
of the forward stock split will be expedited.
All shareholders of the Company, who own shares as of the new
record date, will receive 5 new shares for each share they own.
The Company has announced that it had amended its Articles of
Incorporation with the State of Nevada to increase its authorized
shares from 1,000,000,000 to 10,000,000,000.
FORWARD-LOOKING STATEMENTS: The foregoing press announcement
contains forward-looking statements that can be identified by such
terminology such as "believes," "expects," "potential," "plans,"
"suggests," "may," "should," "could," "intends," or by similar
expressions. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the
actual results to be materially different from any future results
performance or achievements expressed or implied by such
statements. In particular, management's expectations could be
affected by, among other things, uncertainties relating to our
success in completing acquisitions, financing our operations,
entering into strategic partnerships, engaging management and other
matters disclosed by us in our public filings from time to time.
Forward-looking statements speak only as to the date they are made.
The Company does not undertake to update forward-looking statements
to reflect circumstances or events that occur after the date the
forward-looking statements are made.
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