America Great Health (OTC:AAGH)

Our growth plans may require additional funding from outside sources. We intend to pursue discussions with existing stockholders, third party financing sources and potential lenders to ensure access to funds as required.

Management believes the Company has the ability to continue as a going concern only if it can meet its financing requirements through external sources of financing.

Excerpt from SEC Form 8K/A (July 22, 2009)

On April 14, 2009, the management and Board of Directors of Asia Global Holding Corporation  after discussions with independent accountants concluded the following. The Company’s previously issued financial statements as of and for the three months and nine months ended September 30, 2008.  As a result of these errors, the Company will restate the financial statements described above to correct its accounting for revenue recognition.

The Company anticipates that the Restatements would reduce net sales and reduce gross profit and would also affect net income and net loss for the period presented

During the first three quarters of the year the Company saw a very strong growth in Media and Advertising sales from our Sino Trade subsidiary. However near the end of 2008 and beginning of 2009 Sino Trade began feeling the effects of the global financial turndown. The financial meltdown during the fourth quarter of 2008 harshly impacted Sino Trade’s core client base of small and medium sized manufacturers located in China who engage in manufacturing and exporting products to the United States. This segment of manufacturers in China simultaneously experienced severe cut-backs on bank facilities and a severe drop in export demand. The segment saw numerous factory closings and cutbacks at the end of year 2008, particularly in Southern China. The adverse financial effect on the core customer group was far worse than Sino Trade originally anticipated.  As a result, this adverse impact on the Sino Trade core customer base cast doubt on a considerable portion of sales the Company recorded in the three-month period ended September 30, 2008 as management cannot be certain of when or what portion of Sino Trade’s account receivables can be fully collected.