Message #6 From:
NewsBot Date: August 14, 2006 05:51:00 AM
AGHG News Asgard Holdings, Inc. Defines and Clarifies Share Structure and Availability Due to Recent Activity and Inquiries
ESCONDIDO, Calif.--(BUSINESS WIRE)--Aug. 14, 2006--Asgard Holdings Inc. (Pink Sheet:AGHG) is pleased to announce they have received many inquiries from existing and potentially new investors this past week. Management determined it was essential to answer all questions regarding the availability of the stock issue and define the actual number of shares available in the float.
As of August 1, 2006 there are 100,000,000 shares outstanding and 70,000,000 restricted from trading under rule 144. Shares available for trading or defined as the actual float is 522,000. These shares can be traded on the open market.
"With the recent inquiries from investors, the company decided to clarify and answer these questions in this public forum," said Virgil Williams, CEO of Asgard Holdings, Inc.
For more information please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit the company website at: http://www.asgard-holdings.com.
About Asgard Holdings, Inc.:
Asgard Holdings retains fifty percent interest in Super Thermal Systems Management Group, Inc. (STSM), http://www.superthermal.com. STS co-founder, Dr. Don Gier, CEO, holds a Ph.D from Iowa State University and co-founder Dr. Hal Gier, technical director, is a graduate engineer from CalTech and holds a Ph.D in aerospace engineering. Under a NASA Kennedy Space Center Small Business Innovation Research contract, SCAMP (Super Critical Air Mobility Pack) was born as a self-contained breathing apparatus and cooling system suit with applications designed for Fire Fighting, EMT, Homeland Security, Dept. of Defense, HAZMAT and NASA.
Asgard Holdings Inc. is more than just an early stage venture capital firm. We provide the infrastructure and guidance. Asgard makes possible the achievement of your company's goals and facilitates your business to find its common ground. Asgard focuses on companies that are beyond incubator startups, giving our portfolio companies a strong resource of business intelligence from which to utilize.
Safe Harbor
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission.
