Company: AGSS
Filing Date: 2025-05-12
Form Type: 10-K
Source: 0001829126-25-003553
Chunk: 701

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-12
Form: 10-K
Item: Item 11
Chunk 701
---
icial Ownership  
    Percentage of Class(1) 
  
    Lawrence Garcia 
     80,578,125  
     86.47%
  
    Jason Bovell, CPA 
     1,000,000  
     1.05%
  
    Douglas Anderson* 
     3,515,625  
     3.70%
  
    Russel Honore’ 
     562,500  
     .59%
  
    All officers/directors as a group (4 people) 
     85,656,250  
     91.81%

    (1)
    Based on 94,918,292 shares of common stock outstanding as of December 31, 2024. 

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.

Related Party Transactions

As of December 31, 2024, the subsidiary TransportUS
Inc., has a note receivable from AmeriGuard Security Systems, Inc. (SYS). SYS is a California Corporation, owned 100% by Lawrence Garcia,
the majority shareholder of AGSS. See financial statement Note 3 for additional information.

Independence of the Board of Directors

For a director to be “independent” under these standards, the Board must affirmatively determine that the director has no material relationship with us, either directly or as a partner, shareholder, or officer of an organization that has a relationship with us. Applying corporate governance standards, and all other applicable laws, rules and regulations, the Board of Directors has determined that one of our directors is independent. This does not constitute an independent board of directors.

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

We were billed by our independent public accountants
for the following professional services it performed for us during the fiscal year ended December 31, 2024, and 2023, as set forth
in the table below:

    2024

    2023

    Audit Fees
     
    $

    $
    115,500

    Audit Related Fees
     
    $

    $

    Tax Fees
     
    $

    $

    All other fees
     
    $
    94,000

    $
    79,500

    TOTAL FEES
     
    $
    195,000

    $
    103,400

18

Audit Fees — This category includes the audit of our annual