Advanced Growing Systems, Inc. entered the $48 billion fertilizer and $66 billion dollar green industry markets as a public company trading under the symbol "AGWS." Advanced Growing Systems, Inc. is the parent company of Organic Growing Systems Inc. (OGSI) (www.OrganicGrowingSystems.com); a scientifically based fertilizer manufacturer who utilizes an exclusive formula to enhance the way nitrogen is delivered to any plant through a poultry based litter...organically.
The company's proprietary process utilizes a food grade chemistry to produce a highly effective organic fertilizer...naturally. Organic Growing Systems, Inc., combines knowledge that goes back to early farming practices with modern organic molecular chemistry.
Advanced Growing Systems, Inc. is also the parent company of Advanced Nurseries, Inc. Advanced Nurseries (www.AdvancedNurseries.com), which is a wholesale distribution company focused on the professional landscape contractor in the Southeastern U.S. The company is positioned to take advantage of the massive "Southern Migration" currently occurring as baby boomers relocate from the Northeastern seaboard to the Southern U.S.
Advanced Nurseries, Inc. allows for true vertical integration with OGSI through their distribution channels and similar end user base. The company, through its association and eventual acquisition of tree farms throughout the southeastern United States, also allows it to continually test our chemistry to develop methods to increase its results.
In the company's first four months of existence, it achieved gross revenues of $1,974,484. In the first week of July 2006, the company surpassed gross revenues of $2,100,000.
Organic Growing Systems, Inc. is presently generating a slight monthly loss until it can increase capacity within their Mississippi facility. This slight operating loss is more than offset by the profitable operations of Advanced Nurseries, Inc. After only five months of active operations, the commercial nursery subsidiary generated gross revenues of $516,411 in June and a net profit of $66,946. Advanced Nurseries is projected to have gross revenues of $550,000 in July, with a net profit of over $70,000.
The company, on a consolidated basis, projects in 2006 to reach over $7,000,000 in gross revenues and over $300,000 in net profits (which includes the amortization of non-recurring startup costs, public offering costs and opening operating losses), with an expected increase in 2007 to $22,000,000 of gross revenues and $2,500,000 in net profits.
