Aegis Assessments Inc. Retains Cogent Capital Corp. to Assist with American Stock Exchange Listing and $5 Million Financing.SCOTTSDALE, Ariz. -- Scottsdale-based homeland defense contractor Aegis Assessments Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AGSI AGSI Association for Global Strategic Information AGSI Automatic Government Source Inspection ) announced today that it has retained Greg Kofford of Cogent Capital to assist the company in obtaining a listing on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. (R) (AMEX AMEX See: American Stock Exchange ). Cogent Capital has begun a $5 million private placement of restricted Aegis common stock as the first in a series of steps to facilitate an AMEX listing for the company. Under the terms of the agreement, Cogent Capital will assist Aegis in meeting all the necessary listing requirements Listing requirements Requirements, including minimum shares outstanding, market value, and income, that are laid down by an exchange for any stock to be listed for trading. in order for the company's common stock to begin trading on the AMEX. Cogent Capital will facilitate Aegis' preparation for listing including meeting the shareholders' equity Shareholders' Equity A firms' total assets minus its total liabilities. Equivalently, it is share capital plus retained earnings minus treasury shares. Shareholders' equity is the amount by which a company is financed through common and preferred shares. and share price requirements, as well as assist with completing the necessary applications. "The move to AMEX is part of our long-term financial plan Long-term financial plan Financial plan covering two or more years of future operations. to increase liquidity and value for our shareholders and to attract institutional investors," said Aegis CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Eric Johnson. Cogent Capital Managing Director Greg Kofford stated: "Aegis products address the problem of first responder radio interoperability by allowing responders on different radio frequencies to talk to each other. Aegis is moving to the American Stock Exchange as part of executing its business plan to be a dominant player in the homeland security communications market. We are very excited about this company and helping them achieve this newest milestone." As a self-regulating organization, the AMEX (www.amex.com) maintains extraordinary integrity. By combining a specialist-based auction market with state-of-the-art trading technology - the foundation of a fair, efficient and accountable marketplace - all trades are executed swiftly, with reliability, accuracy and transparency. About Cogent Capital Corp. Established in 1995, Cogent Capital is a boutique investment banking firm that focuses primarily on helping small companies continue to grow and expand. For more information, please visit www.cogent-capital.com. About Aegis Assessments Inc. Through the SafetyNet(TM) line of products, Aegis provides wireless security solutions to public safety agencies and commercial security companies for homeland security and life safety applications. Integrating emergency and life safety systems available to the public and private sectors is the new challenge in homeland security that the company's products and technologies address. "Safe Harbor Statement" under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. This press release contains forward-looking statements that involve risks and uncertainties. Statements in this press release other than statements of historical fact are forward-looking statements that are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. You should not place undue reliance on forward-looking statements, because they involve these risks and uncertainties. You should independently investigate and fully understand all risks before making investment decisions. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion