AGTI Niteagle Sytems, Inc. featured news, full reports, and detailed charts
Niteagle Sytems, Inc. (AGTI/AGTI.PK) Wrap Up:
Alternative Green Technologies, Inc., through its subsidiary, Reddiform Worldwide, Inc., engages in the manufacture, sale, marketing, distribution, and installation of ReddiForm insulated concrete forms (ICFs). ICF is a green insulated concrete form building product, which is used in various applications that require poured concrete or cement block, primarily in the construction of residential and commercial buildings, foundations, retaining walls, swimming pools, and marinas. The company also operates as a subcontractor in building the frames of homes, and commercial and industrial buildings out of ReddiForm primarily outside the United States. Alternative Green Technologies offers it ICFs to developers, builders, and distributors in the United States and in the Bahamas. It serves customers through various distributorship agreements entered into with building supply companies, home building retail stores, and builders. The company was formerly known as Niteagle Sytems, Inc. and changed its name to Alternative Green Technologies, Inc. in December 2008. Alternative Green Technologies was incorporated in 1987 and is based in Uniondale, New York.Alternative Green Technologies, Inc. (AGTI:OTC)
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Market Cap
1.6M
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Total Revenue
95.1K
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EBITDA
566.3K
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DILUTED EPS TTM
--
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P/E
--
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P/S
17.4x
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Return On Asset
-121.53
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Return On Equity
-586.72
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| K = Thousands M = Millions B = Billions | ||
AGTI Top Compensated Officers
Executives, Board Directors
Key developments for Alternative Green Technologies, Inc. (AGTI)
Alternative Green Technologies, Inc. has announced that it has engaged Dinosaur Securities as its investment banker to source potential acquisitions in addition to acting as placement agent for potential future capital raises. "We are very excited about this new engagement and on behalf of the Company I feel that the Dinosaur Group is a firm that can help us achieve synergistic acquisitions in addition to opening the door for potential institutional investments," stated Mitchell Segal, President of Alternative Green Technologies, Inc.
Alternative Green Technologies Inc. announced the execution of a letter of intent licensing its Reddiform green building product technology for the exclusive production, distribution and installation of the Reddiform ICF construction system throughout the country of Canada to Vision enVert Inc., a Canadian construction, development and management company. Alternative Green Technologies, through its Reddiform Worldwide subsidiary, will achieve initial licensing fees totaling $875,000.00 as exclusive rights of certain Canadian provinces are exercised. Additionally, Reddiform Worldwide shall receive a royalty of 3% of gross sales when the Reddiform ICF system is manufactured, purchased and/or installed and a royalty of 10% of gross sales when the Canadian licensee acts as a distributor of the product. Reddiform Worldwide will also have a carried interest of 20% in the licensee entity. The 15-year licensing agreement specifically covers the provinces of Quebec, Ontario, British Columbia, Alberta, New Brunswick, New Foundland and Labrador, and Prince Edward Island and is subject to minimum sales requirements which increase over time in each province. It is expected that a definitive agreement will be executed by March 15, 2009.
Niteagle Systems changed its name to Alternative Green Technologies Inc.
AGTI Competitors
| Company | Last | Change |
| Gannett Co Inc | $10.38 USD | -0.51 |
| ProtoSource Corp | $0.02 USD | 0.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | AGTI | Industry Range |
| Price/Earnings | -- | Not Meaningful |
| Price/Sales | 17.4x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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AGTI transactions
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| No transactions in the last 6 months. | ||