August 23, 2010 at 09:20 AM EDT
American Fiber Green Products, Inc. Breaks the Silence
TAMPA, FL -- (Marketwire) -- 08/23/10 -- American Fiber Green Products, Inc. (OTCBB: AFBG) today announced plans to post a President's Letter to the company's updated website, breaking a long period of silence.
Daniel L. Hefner, President and CEO of American Fiber Green Products, Inc., stated, "After a long period of exploration and structuring, we are now prepared to enter an era of improved communication of company plans and goals to both shareholders and potential new investors in American Fiber Green Products. We will begin, this week, by posting an update of the company's current position and direction at www.americanfibergreenproducts.com."
Kenneth W. McCleave, Chairman of the Board, remarked, "By design, the company has not created any exceptional attention to the company until we were ready to perform. We have great expectations for this company as we begin to implement our business plan. We believe that our shareholders and the investing public will positively respond as we begin to perform. Our unique green technology, fiberglass recycling, has been deliberately introduced to FRP industry leaders. The response has been phenomenal. Our team is performing well and we approach this day with great expectation. Communication of our excitement is now essential."
Mr. Hefner commented, "I anticipate that many shareholder and investor inquiries will result from the new website as well as the content of the President's Letter. We welcome the anticipated exposure."
American Fiber Green Products, Inc. has exclusive, patented technology for the recycling of fiberglass. This technology is the solution needed worldwide to both reduce fiberglass disposal in landfills and produce eco-friendly replacement products for pressure treated wood, concrete and steel products in environmentally sensitive applications.
AFBG has a Strategic Partner in American Commerce Solutions, Inc. (OTCBB: AACS). AACS will provide fabricating and erection of plant machinery through its subsidiary, International Machine and Welding, Inc.
Information about American Commerce Solutions, Inc. and International Machine and Welding, Inc. is available at www.aacssymbol.com.
Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
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