American Alternative Energy Systems Inc. Changes Name to American Great Lakes Inc.
May 05 2009 - 3:13PM
Marketwired
American Alternative Energy Systems Inc. (PINKSHEETS: AATV)
(FRANKFURT: AFP) has formally announced that the company has
changed its name to American Great Lakes Inc. The name coincides
with its recent amalgamation with Great Lakes Biogas Inc.
The company's new cusip number is now 02639W 10 4 and the stock
will trade under the existing AATV symbol. As part of the merger
agreement Great Lakes Biogas existing shareholders will receive 1
(one) common share of American Great Lakes Inc. for every 3 (three)
common shares of Great Lakes Biogas Inc. held.
Shareholders are asked to surrender their certificates to the
company transfer agent:
Knightsbridge Assurance Ltd.
167 Queen St. S.
Unit# 9
Steetsville, ON
Canada
L5M 1L2
Should you have any questions regarding the name change or
issuing of new share certificates please contact the company
investor relations department at ir@greatlakesbiogas.com or call
303-657-2764.
About American Great Lakes Inc.
American Great Lakes Inc. is a company focused on reducing
greenhouse gas emissions and making a more sustainable environment
through renewable energy. There are three different types of
renewable energy in the market: wind, solar, and biomass. Of the
three, biomass is the most economical and can solve other issues,
making it a superior energy source.
American Great Lakes will produce Anaerobic Digesters that will
turn manure and other bio-waste into electricity and heat. The
digester will solve the farmers' manure disposal problems, and will
produce electricity, heat, and income for the farm (the excess
electricity will be sold to the hydro grid).
AGL's goal is to become Canada's market leader in digesters. It
plans to become the leader by offering farmers the digester at no
cost, simplifying the purchase process.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Statements in this release that are forward-looking
statements are based on current expectations and assumptions that
are subject to known and unknown risks, uncertainties, or other
factors which may cause actual results, performance, or
achievements of the company to be materially different from any
future results, performance, or achievements expressed or implied
by such forward-looking statements. Actual results could differ
materially because of factors such as the effect of general
economic and market conditions, entry into markets with vigorous
competition, market acceptance of new products and services,
continued acceptance of existing products and services,
technological shifts, and delays in product development and related
product release schedules, any of which may cause revenues and
income to fall short of anticipated levels. All information in this
release is as of the date of this release. The company undertakes
no duty to update any forward-looking statement to conform the
statement to actual results or changes in the company's
expectations.
Contact: Jeffrey Kulman President American Great Lakes Inc.
www.aaenergysystems.com 940-634-1912
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