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Wall Street Resources, Inc. Releases an Updated Analytical Profile on Advanced Growing Systems, Inc. With 12-Month Target Value of $1.89 Wednesday April 2, 8:00 am ET
ALPHARETTA, GA--(MARKET WIRE)--Apr 2, 2008 -- Advanced Growing Systems, Inc. (OTC BB:AGWS.OB - News) today announced the release of an updated analytical profile on the Company by respected micro-cap analyst Mr. Paul Silver, Director of Research for Wall Street Resources, Inc., which contains a 12-month target value for AGWS of $1.89 per share. The free report is available at: www.wallstreetresources.net/AGWSPP2.asp. The 35-page report includes detailed information on the Company's business model, products, industry, valuation, management and risks.
Chris Nichols, Chief Executive Officer of Advanced Growing Systems, Inc., commented, "Since the date of Wall Street Resources' first report on our Company, our business has evolved significantly. This report gives current and prospective investors a much needed update on the Company, as well as the industry and marketplace in which we are directly involved."
Mr. Silver stated, "Since the date of our initial analytical profile published in August 2007, the Company's OGSI organic fertilizer division has experienced stellar growth. This growth is being driven by favorable supply/demand conditions in the organic fertilizer market vis-à-vis the synthetic fertilizer market, as well as company specific changes including a shakeup in the sales division. Assuming that the company is able to significantly ramp up production capacity, we believe that the organic fertilizer division has the potential to be a $100 million division within four years."
Advanced Growing Systems, Inc. ("AGSI" or the "Company"), founded in 2006, is the parent company of Organic Growing Systems, Inc. (a scientifically advanced Organic fertilizer manufacturer) and Advanced Nurseries, Inc. (a wholesale group of Commercial Nurseries located in the Southeastern US). AGSI is dedicated to providing its shareholders significant value and is directly involved in the $48 Billion fertilizer market and the $66 Billion Green Industry. For more information, please visit www.AGSIncorporated.com.