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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (28803)2/17/2000 10:26:00 PM
From: SSP  Respond to of 150070
 
This one is better #reply-12755881 :-)



To: Richard Mazzarella who wrote (28803)2/17/2000 10:57:00 PM
From: Veteran98  Read Replies (1) | Respond to of 150070
 
AGTP had a good day, looks like it's getting set up to go...may be there is some news coming out. Looks like it will have a pretty decent move if it does start to go.



To: Richard Mazzarella who wrote (28803)2/18/2000 12:11:00 AM
From: SSP  Read Replies (2) | Respond to of 150070
 
Richard - I just got to AGTP, yes I have looked at this stock before, I wasn't sandbagging you, I just forgot I did DD on it before - this part in the filings is what troubles me, I know these disclaimers are everywhere, but it reads a little stronger.


Due to the Company's inability to successfully develop its technology products and bring them to market, the Company abandoned its former business plan and discontinued all research and development efforts in the technology field in fiscal 1998. During fiscal 1999, and as of the date of filing of this report, the Company has no underlying business, assets or investments. The Company implemented a restructuring plan during fiscal 1999 designed to maintain the public holding company with the goal of pursuing new business opportunities. While management continues to negotiate with third parties to acquire potential new businesses, investments or sources of revenue, the Company continues to experience severe financial difficulties. The Company can provide no assurances that management will be successful in these endeavors. In addition, the auditors of the Company have raised considerable doubt as to the ability of AGTsports, Inc. to continue as a going concern.