SOURCE: American Fiber Green Products, Inc.

April 28, 2008 07:00 ET

AFBG Trading Gets off to a Great Start

TAMPA, FL--(Marketwire - April 28, 2008) - American Fiber Green Products, Inc. (OTCBB: AFBG) today announced that Friday's opening day of trading exceeded expectations.

AFBG Board of Director's Chairman Kenneth W. McCleave announced, "Friday's opening of trade for American Fiber Green Products, Inc. was very gratifying. As a green sector company, we fully expect that discerning investors will find AFBG to meet the criteria for growth opportunity. We are also confident that much attention will be drawn to the company over the next few weeks and months as word of the unique nature of the opportunity is presented and publicized. With little fanfare and a Friday opening, trading almost 50,000 shares was an exciting beginning."

McCleave continued, "Congratulatory calls and emails indicate that many investors were caught off guard by Friday's opening and we expect an even more active market this week as information is released and spread to the many current shareholders of both AFBG and our Strategic Partner, American Commerce Solutions, Inc., (OTCBB: AACS) as well as the general public. It is our expectation that there will be substantial crossover buying between the two shareholder groups as announcements are made about AACS' compensation for its assistance to AFBG during the long cleanup and filing process to bring AFBG to the trade floor. Additionally, as contract commitments are made between the companies, it will become clearer to all investors that these companies will continue to benefit one another and grow in value together."

American Fiber Green Products, Inc. is a fiberglass recycling company that will operate under exclusive licensing of a patented process and processor. AFBG expects to enter into various employment and consultant agreements over the next few weeks and months that will provide expertise in engineering and fabrication, investor awareness, shareholder relations, market research and licensing.

AFBG maintains a web presence at www.americanfibergreenproducts.com. For detailed current information about the company, read the President's Letter posted to the website.

American Commerce Solutions, Inc. has a website at www.aacssymbol.com to showcase its IMW subsidiary and www.chariotmanufacturing.com to showcase its fiberglass products manufacturing subsidiary, Chariot Manufacturing Company.

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.

Contact Information

  • For company updates and information, as well as investment opportunity,
    please contact:

    Mackey McFarlane
    Financial Advisor
    Aegis Capital Corp.
    212-813-1010 Office
    mmcfarlane@aegiscap.com