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“We look forward to growing our business 20-30 % with the release of this catalog and website to soon follow,” said Mr. Troy Breeden, President of Westin LLC. “We are confident that Alysium will be the back bone of this growth.”
“Most of the automated car washers, which are found in just about every gas station in the country today, begin to require substantial amounts of maintenance after only a couple of years in service,” stated Rex Little General Manager of Alysium Corporation. “This contract is rewarding the consistency of our service and distribution of these products thus far and is just the beginning of Alysium’s distribution capabilities,” added Little.
AüGRID Corporation and its subsidiaries, Alysium Corporation and Optipure, LLC, are technology based organizations, specializing in the manufacturing, distribution and development of electronic and display devices, thermocouples, silicon carbide tools and nanoparticles technology.
FORWARD LOOKING STATEMENT: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding AüGRID Corporation in this release that are not historical in nature, particularly those that utilize terminology such as "may," "should," "likely," "expects," "anticipates," "estimates," "believes" or "plans," or comparable terminology, are forward-looking statements based on current expectations about future events, which AüGRID Corporation has derived from the information currently available to it. These forward-looking statements involve known and unknown risks and uncertainties that may cause our results to be materially different from results implied in such forward-looking statements. Important factors known to AüGRID Corporation that could cause forward-looking statements to turn out to be incorrect are identified and discussed from time to time in AüGRID Corporation's filings with the Securities and Exchange Commission. The forward-looking statements contained in this release speak only as of the date hereof, and AüGRID Corporation undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
________________________________________
Contact: AüGRID Corporation – Houston
713-532-2000 Website: www.AüGRIDcorp.com
Investor Relations:
Equitilink LLC,
Andrew Arms
877-788-1940 toll-fr
HOUSTON
AuGRID Corporation, Houston
Corporate Communications, 713-532-2000
www.AuGRIDCorp.com
or
Equitilink LLC (Investor Relations)
877-788-1940
AuGRID Corporation (OTCBB:AGRD) announced today that it has signed a business advisory and consulting services agreement with New York-based Stanton Walker & Company. Stanton Walker will assist in the evaluation of certain strategic business decisions facing the Company. AuGRID is in discussion stages with several companies regarding licensing arrangements, joint ventures or possible mergers. Stanton Walker's work will include due diligence, structuring transaction terms and providing consulting services throughout the process. Stanton Walker will also seek potential acquisition candidate companies that fit AuGRID's business objectives.
M. J. Shaheed, President and Chief Executive Officer, stated, "We look forward to evaluating opportunities that could enhance our company's revenue and profits and provide additional capital to execute the Company's growth plans. These goals will require the assistance of specialized experts. We feel Stanton Walker can do this expeditiously."
Shaheed continued, "We believe there are many other companies similar to our company that might have products or services that would benefit from becoming a part of a publicly traded entity. For AuGRID and its shareholders, acquisitions represent a powerful growth strategy."
About Stanton Walker & Company
Stanton Walker & Company provides a full range of strategic, operational, marketing, financial advisory and M & A services to public companies. While they provide assistance in a wide array of industries, Stanton Walker is especially interested in working with companies where their products and/or services appear to offer the company's stakeholders an opportunity for a significant return.
About AuGRID Corporation
AuGRID Corporation and its subsidiaries, Alysium Corporation and Optipure, LLC, are technology based organizations, specializing in the manufacturing, distribution and development of electronic and display devices, thermocouples, silicon carbide tools and specialty industrial products.
Legal Notice
Legal Notice Regarding Forward-Looking Statements: "Forward-looking Statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies and acts of terror against the United States.
Houston, Texas – August 25, 2004 – AüGRID Corporation (NASDAQ OTCBB:AGRD) announced today that it has signed a business advisory and consulting services agreement with New York-based Stanton Walker & Company. Stanton Walker will assist in the evaluation of certain strategic business decisions facing the Company. AüGRID is in discussion stages with several companies regarding licensing arrangements, joint ventures or possible mergers. Stanton Walker’s work will include due diligence, structuring transaction terms and providing consulting services throughout the process. Stanton Walker will also seek potential acquisition candidate companies that fit AüGRID’s business objectives.
M. J. Shaheed, President and Chief Executive Officer, stated, "We look forward to evaluating opportunities that could enhance our company’s revenue and profits and provide additional capital to execute the Company’s growth plans. These goals will require the assistance of specialized experts. We feel Stanton Walker can do this expeditiously."
Shaheed continued, “We believe there are many other companies similar to our company that might have products or services that would benefit from becoming a part of a publicly traded entity. For AüGRID and its shareholders, acquisitions represent a powerful growth strategy."
About Stanton Walker & Company
Stanton Walker & Company (www.stantonwalker.com) provides a full range of strategic, operational, marketing, financial advisory and M & A services to public companies. While they provide assistance in a wide array of industries, Stanton Walker is especially interested in working with companies where their products and/or services appear to offer the company's stakeholders an opportunity for a significant return.
About AüGRID Corporation
AüGRID Corporation and its subsidiaries, Alysium Corporation and Optipure, LLC, are technology based organizations, specializing in the manufacturing, distribution and development of electronic and display devices, thermocouples, silicon carbide tools and specialty industrial products.
Legal Notice
Legal Notice Regarding Forward-Looking Statements: "Forward-looking Statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies and acts of terror against the United States.
SOURCE: AüGRID Corporation
AüGRID Corporation, Houston or Investor Relations
Corporate Communications Equitilink LLC
713-532-2000 / 877-788-1940
Website -www.AüGRIDCorp.com
Komma ab,von der Vierten ganz zu schweigen.
Frage: Gibts nochmal einen Weg nach Norden?
rapido
und auch diese Regelung gibts ja noch nicht solange.
Unter 0,010 wäre es wirklich erforderlich.
By the way-bin ein paar Stück zu 0,002 losgeworden.
rapido
machen,bei 0,001 gibts keine Umsätze und auf 0,003 würde ich immo nicht
spekulieren.
rapido
Dass das Teil zur Zeit nur in Amiland zu handeln ist, ist mir schon klar.
Meine Frage war aber eine andere:
Woher kommen die riesigen Umsätze???
inilner
kurs wollte gestern schonmal ausbrechen, ist dann aber wieder eingefangen worden...warten wir mal den rest der woche ab...
ich pers. glaube immer noch an die 0,005 oder sogar die 0,01 in den usa
werden und endlich wieder stärker fallen können.
rapido
In a written action without a meeting, the Board of Directors (the "Board") of AuGRID Corporation (the "Company") has unanimously approved on August 19, 2004 a one-to-one hundred (1:100) split of the Company's outstanding common stock (a reverse split). The Board deemed the reverse split to be advisable in order to attract the additional equity funding that the Company needs to continue operations.
A majority of the Company's stockholders, acting by written consent, has adopted the reverse split approved by the Board. The record date for the split will be September 27, 2004, and the effective date of the split will be October 7, 2004. The transfer agent for the Company's common and preferred stock, Signature Stock Transfer, Inc., will contact each stockholder after the effective date with instructions regarding the exchange of old shares certificates for new shares certificates reflecting the split.
As a result of the reverse split, each one hundred (100) shares of the Company's common stock prior to the split will be represented by one (1) new share of the Company's common stock after the split. Market reaction cannot be predicted with any degree of certainty, and thus it cannot be known what effect the split will have on the price per share of the Company's common stock.
The authorized capital stock of the Company will be unaffected by the reverse split and will continue to consist of 1,960,000,000 shares of common stock and 40,000,000 shares of preferred stock, classes A and B. This should ensure availability to the Company of adequate shares for use in equity fundings and business combinations. However, although the Company is actively engaged in discussions relating to funding and mergers, there is in place no definitive agreement with any third party with respect to an investment in the Company or a merger.
Notwendig wurde das wohl wegen:
CURRENT ASSETS June 30 December 31
-------------- 2004 2003
------- -----------
Cash $ 403 $ 214,758
Accounts Receivables 175,765 8,195
Inventory 37,230 5,414
------------ -------------
Total Current Assets 213,398 228,367
Mit 400 $ Cash kommt man nicht besonders weit.
Daneben haben sie in den ersten 6 Monaten ca. 100000 $ Umsatz gemacht und dazu 97000 $ aufwänden müssen.
Mit dem Reverse Split wollen sie also Aktien zur weiteren Finanzierung des operativen Geschäfts verfügbar machen. Bei gleichbleibender Gesamtzahl der Aktien hat das den gleichen Effekt wie die Ausgabe neuer Aktien -> 1.960.000.000 Aktien verfügbar, bereits ausgegeben Anzahl wird auf ein hundertstel reduziert, so können diese erneut ausgegeben werden(Verwässerung).
Es bleibt Lotto, allerdings mit leicht verschlechterten Quoten und vermutlich geänderter Spieldauer ;-)
TO BE HELD ON FRIDAY, OCTOBER 22, 2004
STOCKHOLDERS OF AuGRID CORPORATION.
The 2004 Annual Meeting of Stockholders of AuGRID CORPORATION., a Nevada corporation (the "Company" or "AuGRID"), will be held on Friday, October 22, 2004, at 9:00 a.m., Ohio local time, at Marriot Cleveland Key Center, 127 Public Square, Cleveland, Ohio 44114. Doors to the meeting will be open at 8:45 a.m.
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