Message #20 From:
Stock News Bot Date: February 12, 2007 05:41:00 AM
AACS News American Commerce Solutions, Inc. Strategic Partner to File Form 10SB
BARTOW, Fla.--(BUSINESS WIRE)--American Commerce Solutions, Inc. (OTCBB:AACS) today announced that American Fiber Green Products, Inc. will file Form 10SB within the next seven to ten days.
Daniel L. Hefner, President and Chief Executive Office, stated, “Since September of 2001, AACS has been assisting Kenneth McCleave in his fight to restore and revitalize American Fiber Green Products, Inc. f/k/a Amour Fiber Core, Inc. to the excitement and potential that it had generated before the 1999 death of the founder and leader, William Amour. The company had been featured on the nightly news and was a hot topic globally because of the unique patented process and products that it had developed under Mr. Amour’s direction. To this day, true recycling of fiber glass, including production of useful and marketable products, has been an elusive dream for the many companies who send millions of ton of fiber glass waste to the landfill and the landfills that have their usable land mass diminished by the 400 year life cycle of fiber glass. Filing of this Form 10SB is the final step in a long journey that will provide a public vehicle for provision of funding and market exposure to the company.”
Hefner went on to say, “AACS has expended much energy and money on the fiberglass industry. We intend to continue to build on the start that we have made. This multi-billion dollar industry has much to offer those who pursue its opportunities. Some of those opportunities may seem somewhat mundane while others are exciting in the scope of their potential. Recycling waste fiber glass is a world wide problem. With more and more composite production, the need continues to grow. To date, American Fiber Green Products, Inc. has received inquiries about the process and its licensing from seventeen countries around the world. AACS participation in reestablishing this opportunity has been exciting and will be rewarding. As previously announced, it is our intention to make that potential part of the American Commerce Solutions, Inc. future.”
American Commerce Solutions, Inc. maintains a website at www.aacssymbol.com for wholly owned subsidiary, International Machine and Welding, Inc. Chariot Manufacturing Company maintains a website at www.chariot-trailer.com.
Safe Harbor 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.
