Solar Thin Films Inc.

• Public
• US

Dow Jones Description

AUGI was initially organized as a New York corporation on June 22, 1988 under the name Alrom Corp. ("Alrom"), and completed an initial public offering of securities in August 1990. Alrom effected a statutory merger in December 1991, pursuant to which Alrom was reincorporated in the State of Delaware under the name American United Global, Inc. ("AUGI"). We intend to focus our business strategy on acquisitions of operating businesses in various sectors. However, other than as set forth below, we have not as yet identified any definitive acquisition candidates or opportunities. Currently, we own 13% of the common stock of Western Power & Equipment Corp. ("Western"). Western Western commenced operations in November 1992 with the acquisition from Case Corporation of seven retail distribution facilities located in Oregon and Washington. Western became our subsidiary simultaneous with such acquisition. Prior to November 1, 2000, Western was our 59.6% majority owned operating subsidiary.

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