SOURCE: Central Park North Worldwide Events

April 15, 2008 11:56 ET

Central Park North Worldwide Events Returns to the Private Sector

CORAL SPRINGS, FL--(Marketwire - April 15, 2008) - Central Park North Worldwide Events has returned back to the private sector after a brief stint with Pinksheet company American Green Group Inc. (PINKSHEETS: AMGG).

Rick Papaleo, former President of Regions Oil & Gas now American Green Group, agreed to return all of his 4 million shares back to AMGG for the return of Central Park North Worldwide Events. Mr. Papaleo in the original purchase agreement received the 4 million shares for the sale of Central Park North Worldwide Events to Regions Oil in January 2008.

The company has now been returned back to Mr. Papaleo.

Mr. Papaleo resigned as President and from the Board of Directors in January of this year and returned back to his consulting 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.

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