Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year On or around September 8, 2006, as a direct result of the company's reorganization effort and in a constant effort to remain in compliance MJ Shaheed, President, CEO and Chairman of the Board of the corporation completed the retention of services process with Securities Counsel Joseph I. Emas as well as the accounting firm of Frank Kapitza & Associates to satisfy the preliminary documentation prior to the review and signature of Malone and Bailey, PC. In addition, the management has determined that the name of company should be reflective of the new broad based capital structure and its designation as a holding company therefore; the name of the corporation AuGRID Global Holdings Corporation more accurately reflects the Company's operations and future intentions. The company's Articles of Incorporation have been amended to reflect the changes. Over the past several months, the corporation has reviewed and accepted the resignation of board member Essa Mashni and in accordance with the bylaws of the corporation named Sandra Salim to the Board of Directors to fill the vacancy.
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Posted by: MSEED In reply to: Jay Walka who wrote msg# 8110 Date:9/28/2006 12:25:52 AM Post #of 8114
LOI is signed. Full contract nearterm. This IMHO is the first step of many to a solid upside on pps. Existing revenue of $2.6M+ annually from this acquisition is significant IMO because with current share count puts pps value * .00066. If the 2 other acquisitions finalize with proposed similar revenue, the pps value could go to .0018+!
Question taking a bit longer, or at all? Denotes frustration which I understand. However, the 8K IMO does not automatically push pps. I think an updated 8K will be out within the week, and will outline the LOI, and 2 other pending acq., which have already been PR'd. The finalization of these acqs is what will Kaboom the pps. Real revenue drives even the pinks, bigtime.
What I do like is in the last two days +1B shares traded, which is 24% of the float, (in two days!)
Also, quite a large percentage of trades were buys * .0003. IMO, pps is basing, and looks awfully similar to USXP in Jan/Feb. before its large run.
Question is would you wait wk or 2 for a 2-400% return on your inv.
-------------------- The difference between genius and stupidity is that genius has its limits
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i'm not going to let this run without me.. i'm waiting. i already made that mistake before i learned my lesson. stock = vehicle to transfer wealth from impatient to patient. you guys heard it before..
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AuGRID Announces JHM and Partners Will Handle Advertising for Optipure HDTV
PrimeZone "PrimeZone "
VINELAND, N.J., Sept. 28, 2006 (PRIMEZONE) -- AuGRID (Pink Sheets:AUGC) is pleased to announce the appointment of JHM and Partners, a New York-based advertising and marketing firm, to handle the print, broadcast and on-line promotional campaign for its new, high-end, high performance Optipure HDTV line of plasma products.
JHM and Partners is led by CEO Joe Mintzer, whose prior agency associations have included Grey Advertising and the known creative boutique agency; Daniel & Charles, serving a roster of clients including but not limited to; Seagrams, Bristol Myers, Ethan Allen, FedEx Corp., RCA, Scientific American Magazine and the Amalgamated Bank of New York's highly successful broadcast campaign, featuring "Stiller and Meara." Mr. Mintzer's agency will "niche market" Optipure as the flat panel TV that offers "Brand Name Performance...Brand Name Quality...Less than Brand Name Price."
In making this announcement, MJ Shaheed, President and CEO of AuGRID added, "We are proud and delighted to have JHM and Partners on board and fully expect their efforts to make an important contribution to the success of our new Optipure HDTV products."
As the newest member of the AuGRID team, Mr. Mintzer's input will be vital to the development of the new Optipure website and will be working closely with AuGRID's Electronics Consultant, Yuji Hoshina, to position the Optipure brand in the marketplace. As mentioned previously, during Hoshina's tenure as the U.S./Japan Eastech President, Eastech grew to over 200 million in sales and maintained a list of retailers including: Best Buy, Wal-Mart and Radio Shack.
Mintzer expressed his appreciation for the assignment, adding that "while we anticipate successful penetration of traditional retail outlets, we intend for Optipure to become a real challenger to the major big name TV manufacturers by marketing on-line direct to consumers and positioning it as the flat panel plasma HDTV that offers, "Brand Name Performance...Brand Name Quality...Less than Brand Name Price."
Mintzer concluded by emphasizing, "The website is being designed to create a unique e-commerce brand identity for Optipure, and lay the groundwork for the development of a significant share of the sky-rocketing plasma TV market."
Forward-Looking Statement:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding AuGRID Corporation in this release that are not historical in nature, particularly those that utilize terminology such as "may," "should," "likely," "expects," "anticipates," "estimates," "believes" or "plans," or comparable terminology, are forward-looking statements based on current expectations about future events, which AuGRID Corporation has derived from the information currently available to it. These forward-looking statements involve known and unknown risks and uncertainties that may cause our results to be materially different from results implied in such forward-looking statements. Important factors known to AuGRID Corporation that could cause forward-looking statements to turn out to be incorrect are identified and discussed from time to time in AuGRID Corporation's filings with the Securities and Exchange Commission. The forward-looking statements contained in this release speak only as of the date hereof, and AuGRID Corporation undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
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just got back trying to find out who is handling the advertising of the new optipure line!! JHM and Partners of new york, they are going to do print and online advertising???????????? Ha HA Ha.
Yeah right this is crap, anybody who is anybody knows that if you are in advertising you have a website, done and done, no discussion about that. No website. I have concluded i am in a shame!!! sorry to all you longs atleast i can get out tomorrow with some money as little as it was. Im just tired of being taken on rides!!!
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