AGR TOOLS INC. (OTC:AGRT)

AGR Tools, Inc., formerly Laburnum Ventures Inc., incorporated on March 11, 2004, is engaged in the business of manufacturing and selling tooling and accessories to the construction, building, maintenance and demolition industries in the United States and Canada. The Company was an exploration-stage company with 100% undivided interest in a mineral property located in the Province of British Columbia, Canada known as the Sum Mineral Claim. As of June 30, 2010, the Company sold more than 700 products through its stocking dealer network, which consisted of 28 dealers in 22 the United States states and three dealers in two Canadian provinces. Its products include diamond-based blades, diamond drill bits, diamond cup wheels, resin polyesters, glues, inks, resin-based waterproof grinding stones and diamond polishing pads, all of which are manufactured in a number of different sizes. On May 27, 2010, the Company completed reverse merger with AGR Stone & Tools USA, Inc. (AGR USA), whereby the Company acquired all of the issued and outstanding shares of AGR USA. In May 2012, the Company incorporated AGR Energy Holdings Inc.

The Company's products are manufactured in the People's Republic of China on a contract basis. It field tests these products by using them in construction, building and demolition projects. It also tests the quality of its products against similar products made by other manufacturers, in both its testing center and in the field. All of its products are accompanied by a warranty against defects in workmanship. It focuses on sales through its stocking dealers. It also sells a range of its products through its Website www.agrtools.com, which are delivered to customers either through its storage centers or its stocking dealers. Its stocking dealers act as face-to-face contacts for its customers and provide support to one another by sharing order fulfillment with its storage centers. It offers support services to its customers through its dealer distribution centers.