green and sustainable business

AGTI, Dinosaur Securities hook up for acquisitions

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Alternative Green Technologies, a public company traded on the Pinksheets, last week engaged the New York investment banker Dinosaur Securities as its investment bank.

AGTI, based in Uniondale, NY, said their union is intended to help “source potential acquisitions in addition to acting as placement agent for potential future capital raises.”  The level of finding contemplated was not disclosed.

Mitchel AGTI’s president, said in a statement, “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.”

His statement plays directly into company’s stated raison d’etre, a focus “on the commitment to reduce the carbon footprint in the world by acquiring and building companies that help the environment in reducing carbon emissions in addition to reducing worldwide energy costs and waste.”

Beyond that corporate-speak, the link with Dinosaur will also boost AGTI’s subsidiary, Reddiform Worldwide, Inc., in the green building marketplace. Reddiform has the exclusive worldwide license “to market, manufacture and sell ReddiForm Insulated Concrete Forms (“ICFs”), a green patented building product that allows for reduced energy costs while providing more economies and efficiencies in the construction process for homes, industrial and commercial buildings.”

The Dinosaur Group has headquarters in New York and London. It’s an institutional broker of equities, bonds, structured products, financial products, financial futures, commodities and foreign exchange. dinosaurs


Written by William DiBenedetto

11 May, 2009 at 8:54 am

Posted in alternative energy

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