TAMPA, FL / ACCESWIRE / November 20, 2014 / American Fiber Green Products, Inc. (OTCQB: AFBG), announced today that the company expects a strong fourth quarter.
Chairman Ken McCleave stated today that the fourth quarter is expected to be the company's best to date. He stated, "This year has been a good year for AFBG from a number of perspectives. We have been able to expand our customer base substantially and have created a service and company recognition that will start to be reflected in our revenue numbers. Revenue for the fourth quarter is expected to double the revenue from the prior three quarters. Additionally, we have laid the ground work for 2015 to be a breakout year for AFBG."
Director of Development Abilio Santos added, "This fourth quarter, AFBG has generated revenue from outside the United States, first from the Cayman Islands and now from British Columbia, Canada. We will continue to develop these new markets. To date, AFBG has received inquiries from representatives of 26 countries around the globe needing the services that AFBG is uniquely able to provide. We are in discussion with my Brazilian contacts for collaboration on projects both here and there."
Disposal of fiberglass waste has become a major problem worldwide and represents a multi- billion dollar industry. While a limited amount of this material is currently used as filler material, the vast majority of the millions of tons produced each year are burned or placed in landfills where they will remain for 400 to 2500 years depending upon which research you choose to believe. AFBG has a patented technology for recycling fiberglass on a large scale and producing commercially viable products. Producers of composite products are among the largest companies in the world.
American Fiber Green Products, Inc. provides reclamation services to many companies, including three Fortune 100 companies, as well as private land owners in the Wind Energy sector. Recycling for auto, boat, air, wind, water and construction are all critically needed.
American Fiber Green Products, Inc. trades Over the Counter under the symbol AFBG. The company currently maintains a website at http://www.americanfibergreenproducts.com/.
AFBG has a Strategic Partner in American Commerce Solutions, Inc. which also trades Over the Counter under the symbol, AACS. The Company maintains a website at http://www.aacssymbol.com/.
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Any portion of this presentation that is not historical in nature is subject to change due to any number of factors that are not under the control of the Company or its officers. As such, anyone reading this presentation should consider the possibility that material differences from the information presented may occur and should be verified before any consideration to invest.
CONTACT:
Dan Hefner
813-244-9843
[email protected]
SOURCE: American Fiber Green Products, Inc.