American Technologies to Investigate Irregular Trading Activity.MONROVIA, Calif.--(BUSINESS WIRE)--Oct. 16, 1998--American Technologies Group Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :ATEG ATEG Assembly for the Teaching of English Grammar ) announced today that it has retained The Blackmor Group Inc., of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Delray Beach Delray Beach, resort city (1990 pop. 47,181), Palm Beach co., SE Fla., on the Atlantic coast; settled 1895, inc. 1911. Mostly residential, Delray Beach is also the trade center for a citrus-fruit and vegetable-growing region. , Fla., to investigate unexplained irregular trading activity in the company's common stock. The Blackmor Group, led by John Moran, has years of experience working with government agencies and public companies on similar investigations. Lawrence J. Brady, American Technologies' chairman and 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. , said "We believe this decision to retain the Blackmor Group is in the best interest of our shareholders. We are doing everything possible to assure that the market price reflects the true value of our company." American Technologies is an advanced science and technology company engaged in the development, commercialization and sale of products and systems using its proprietary technologies. The core technologies are: The High Energy Particle Beam, The IE(TM) Crystal and Vacuum Distillation. These technologies have numerous applications in the nuclear, energy, medical, chemical, oil, personal and home care industries. A new line of all-natural household-cleaning and personal-care products containing the company's IE(TM) Crystal Technology were introduced in June by 21st Century Global Network LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a joint venture partially-owned by American Technologies. The company also sells The Force(R), an automotive additive that improves fuel efficiency and reduces carbon deposits. |
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