President's Letter - September 2010
Tampa, Fla., September 03, 2010 / American Fiber Green Products, Inc. (OTC Bulletin Board: AFBG) Someone once wrote that there is no greater burden than a great potential!
That feeling has been my experience for several years now as we have attempted to implement the business plan of Amour Fiber Core, Inc. and make the benefits of fiberglass recycling known.
The POTENTIAL revenue is hundreds of millions of dollars.
The POTENTIAL benefit to the environment is immeasurable!
Our burden is having THE SOLUTION to a worldwide problem
and not being able to reach our potential because of lack of
funding in this staggering world economy.
More specifically, we have not been willing to compromise the integrity
of the company’s capital structure for instant gratification.
Now the time has come and we are prepared to start the ball rolling.
We have slowly and methodically worked to spread the news around the world that American Fiber Green Products, Inc. has THE SOLUTION in Amour Fiber Core and the anticipation is building. Almost every week the Company is being contacted by someone in the fiberglass industry seeking to attain "green status’ or ‘landfill free’ status.
Our unique and patented process and processor captures their attention.
The Company has been in discussions with some of the largest fiberglass manufacturers and producers in the United States with great progress. In addition, we have been contacted to consider recycling opportunities in Australia, China and Europe. Worldwide, scrapped fiberglass has become a major problem with no one able to meet the need.
THE SOLUTION is AFBG’s Amour Fiber Core.
Look for joint venture and contractual agreements over the next few months with highly regarded corporations and other substantial entities.
The lagging economy has caused the Company to minimize marketing efforts for American Leisure Products for the last eighteen (18) months. However, the time has been used to continue to make design modifications and improvements to the tooling. Additionally, management has reviewed and continues to explore alternative power sources for its vintage replicars in continuation of the Company’s ‘green’ theme.
It is anticipated that over the next six to twelve months,
the Company will achieve four major milestones:
a major funding;
commencement of recycling
at least two (2) key acquisitions in the fiberglass industry
stock liquidity and appreciation
What should shareholders expect as a result?
Expect a share price that reflects those successes at multiples of today’s prices.
At the time of this writing, management continues ongoing discussions for substantial funding. These funding possibilities are in the eleventh hour of discussions. Potential funding is being discussed from both domestic and foreign sources and involves both debt and equity.
The company has been very quiet during the past twenty four (24) months. The reason has been the disheartening economic climate that has prevailed during that period. Without proper funding, management felt that it would be irresponsible to encourage buying activity that would be unsustainable. That decision has allowed management to keep the capital structure manageable.
We are now comfortable that our time has come.
In anticipation of funding, the Company is prepared to keep current shareholders and potential investors apprised of the Company’s progress. We believe that with each new announcement, our following will increase.
Our website, www.americanfibergreenproducts.com
, has been upgraded, but is still under some additional construction. Management is excited about the new and improved communication tool that this site provides. You will find links to a number of related sites including our Strategic Partner, American Commerce Solutions, Inc. (OTCBB: AACS) at www.aacssymbol.com
. American Commerce Solutions, Inc. subsidiary, International Machine and Welding, will be the prime vendor for fabrication and erection of the Amour Fiber Core recycling plants.
These are exciting times!
Watch the website for news and updates. Point potential supporters to the video feeds and the Investor’s Page. Spread the word about THE SOLUTION that the world is waiting to receive.
We will build it and they will come!
The burden of a great potential is removed when success is achieved.
I appreciate your continued support and loyalty.
Dan Hefner, President