UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON D.C. 20549

                                 --------------
                                  FORM 10-K/A
                                AMENDMENT NO. 2
                                 --------------

  [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
                                  ACT OF 1934.

                  FOR THE FISCAL YEAR ENDED DECEMBER 31, 2009

[_] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
                                  ACT OF 1934.
                FOR THE TRANSITION PERIOD FROM , 20 , TO , 20  .
                                               ---  --- --- ---


                             COMMISSION FILE NUMBER
                                   000-28978
                                  ------------
                      AMERICAN FIBER GREEN PRODUCTS, INC.
             (Exact Name of Registrant as Specified in its Charter)
                                 --------------
                    NEVADA                            91-1705387

      (State or Other Jurisdiction of               (I.R.S. Employer
        Incorporation or Organization)            Identification Number)

                      4209 RALEIGH STREET, TAMPA, FL 33619
                    (Address of Principal Executive Offices)

                                 (813) 247-2770
              (Registrant's Telephone Number, Including Area Code)

          SECURITIES REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT:

                              TITLE OF EACH CLASS:
                  PREFERRED STOCK, PAR VALUE $0.001 PER SHARE
                    COMMON STOCK, PAR VALUE $0.001 PER SHARE

Indicate  by  check  mark  if the registrant is a well-known seasoned issuer, as
defined in Rule 405 of the Securities Acts. . [_] YES [X] NO

Indicate  by  check  mark  if  the  registrant  is  not required to file reports
pursuant to Section 13 or 15(d) of the Act. [_] YES [X] NO

Check  whether  the issuer (1) filed all reports required to be filed by Section
13  or  15(d)  of  the Securities Exchange Act during the past 12 months (or for
such  shorter period that the Registrant was required to file such reports), and
(2)  has  been subject to such filing requirements for the past 90 days.
[X] YES [_] NO

Check  if there is no disclosure of delinquent filers in response to Item 405 of
Regulation  S-B  contained in this form, and no disclosure will be contained, to
the   best  of  registrant's  knowledge,  in  definitive  proxy  of  information
statements  incorporated  by  reference  in  Part  III  of this Form 10-K or any
amendment to this Form 10-K [X]

Indicate  by  check mark whether the registrant has submitted electronically and
posted  on  its corporate web site, if any, every Interactive Data File required
to  be  submitted  and  posted  pursuant  to Rule 405 of Regulation S-T (Section
232.405) during the preceding 12 months. Yes [_] No [X]

Indicate  by  check mark whether the registrant is a large accelerated filer, an
accelerated  filer, a non-accelerated filer, or a smaller reporting company. See
definitions  of  "accelerated  filer  and  large accelerated filer" and "smaller
reporting company" in Rule 12b-2 of the Exchange Act.








<PAGE>

Large accelerated filer [_]   Accelerated filer [_]   Non-accelerated filer [_]
Smaller reporting company [X]

Indicate  by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Act) [_] YES [X] NO

The  aggregate  market  value of the voting and non-voting common equity held by
non-affiliates  of  the  registrant  was approximately $4,324,801 as of the last
business  day of the registrant's most recently completed second fiscal quarter,
based  upon  the closing sale price on the OTC:BB reported for such date. Shares
of  common  stock  held by each officer and director and by each person who owns
10%  or  more  of  the  outstanding common stock have been excluded in that such
persons  may  be deemed to be affiliates. This determination of affiliate status
is not necessarily a conclusive determination for other purposes.

There  were  11,385,735  shares of the Registrant's $.001 par value common stock
outstanding as of August 20, 2010.


--------------------------------------------------------------------------------

EXPLANATORY  NOTE:  THIS AMENDMENT TO FORM 10-K IS BEING FILED WITH AUDIT REPORT
FOR  THE  YEARS  ENDED DECEMBER 31, 2009 AND 2008. PREVIOUS AUDIT REPORT FOR THE
YEAR  ENDED  DECEMBER  31,  2008,  AUDITED  BY  ROBERT  T.  TAYLOR, CPA HAD BEEN
RESCINDED  AS  A  RESULT  OF  THE  PUBLIC  COMPANY  ACCOUNTING OVERSIGHT BOARD'S
FINDINGS  AND  SUBSEQUENT REVOCATION OF HIS REGISTRATION. CERTAIN FOOTNOTES HAVE
BEEN UPDATED.


















































<PAGE>


                      AMERICAN FIBER GREEN PRODUCTS, INC.

                           ANNUAL REPORT ON FORM 10-K
                               FOR THE YEAR ENDED
                               DECEMBER 31, 2009

TABLE OF CONTENTS

                                                                            PAGE

                                     PART I

Item 1. Description of Business                                                1

Item 1A. Risks Particular to the Company's Business                            9

Item 2. Description of Property                                                9

Item 3. Legal Proceedings                                                      9

Item 4. Submission Of Matters to A Vote of Security Holders                    9

                                    PART II

Item 5. Market For Registrant's Common Equity, Related Stockholder Matters and
        Issuer purchase  of Equity Securities
                               10
Item 6. Selected   Financial  Data                                            10

Item 7. Management's  Discussion  and  Analysis  of  Financial  Condition and
        Results Of Operation                                                  11

Item 8. Financial Statements and Supplementary Data                           17

Item 9. Changes  In and Disagreements With Accountants on Accounting and
        Financial Disclosure                                                  29

Item 9T. Controls and Procedures                                              29

Item 9B. Other Information                                                    30


PART III
Item  10. Directors  and  Executive  Officers  and  Corporate Governance      31

Item 11. Executive Compensation                                               32

Item 12. Security  Ownership of Certain Beneficial Owners and Management
         and Related Stockholder Matters                                      33

Item 13. Certain  Relationships  and  Related  Party  Transactions,  and
          Director Independence                                               34

Item 14. Principal Accountants Fees and Services                              34


PART IV

Item 15. Exhibits                                                             34

Signatures                                                                    35













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<PAGE>


                      AMERICAN FIBER GREEN PRODUCTS, INC.

This  Annual  Report  on  Form  10-K/A  and the documents incorporated herein by
reference contain forward-looking statements that have been made pursuant to the
provisions  of  the  Private  Securities  Litigation  Reform  Act  of 1995. Such
forward-looking  statements  are  based  on  current expectations, estimates and
projections about Turbine Truck Engines Inc.'s industry, management beliefs, and
assumptions   made  by  management.  Words  such  as  "anticipates,"  "expects,"
"intends,"  "plans,"  "believes," "seeks," "estimates," variations of such words
and   similar   expressions   are  intended  to  identify  such  forward-looking
statements.  These  statements  are not guarantees of future performance and are
subject  to  certain  risks, uncertainties and assumptions that are difficult to
predict;  therefore, actual results and outcomes may differ materially from what
is expressed or forecasted in any such forward-looking statements.






























































<PAGE>

                                    PART I
ITEM 1.

DESCRIPTION OF BUSINESS

Company History

American  Fiber  Green  Products, Inc., formerly known as Amour Fiber Core, Inc.
until  May  26,  2004,  came  into  existence  as  a  result  of  the  following
transactions:

In March of 1993, William Amour founded Amour Hydro Press, Inc. (AHP) to conduct
research  and  development  to  commercialize  proprietary technology that would
allow  the  company to process waste fiberglass and resins into new commercially
viable products.

In  January  of  1996  the  Board of Directors authorized the merger of AHP with
Amour  Fiber  Core,  Inc.  a  Washington corporation. Each common share of Amour
Hydro  Press, Inc. was exchanged for 280 common shares of Amour Fiber Core, Inc.
The  authorized  shares  of  Amour  Fiber  Core, Inc. were 5,000,000 shares. The
company  operated  under  this  configuration  until June 1998 when the Board of
Directors approved a three for one forward split (3:1) increasing the authorized
from  5,000,000  to  15,000,000  common  shares.  Amendments  to the Articles of
Incorporation  were  filed  with  the State of Washington. Although approved and
recorded  the  3:1  forward  split was not reported to the transfer agent of the
company.  The  resulting change in common stock was from 3,675,996 to 11,027,988
common shares issued and outstanding.

Within  months of these actions, William Amour, founder and driving force behind
the  business  was diagnosed with cancer and died in 1999. Attempts by the board
to  continue  the  operation of Amour Fiber Core, Inc. resulted in substantially
more  debt  and ultimately the cessation of operations. The value of the company
was  in  the  exclusive  rights  to  the  proprietary technology, as well as the
resources developed to source raw material and vendors and the ability to create
viable  products  from  waste material. There were 884 shareholders of record at
the  time  of William Amour's passing and they remained committed to the success
of  the  Company.  The  Company  ceased  operations  in  January  2000, however,
management continued to search for investors to be able to restart production.

On  September 15, 2001, after several months of discussion and negotiations with
Barb Amour and Gerald Rau, directors of Amour Fiber Core, Inc., Kenneth McCleave
(unaffiliated  with  the  registrant  prior to the merger) incorporated American
Leisure  Products,  Inc.  (ALP) a Florida corporation, of which Kenneth McCleave
was  the  sole  shareholder of the 100,000 issued and outstanding shares for the
purpose  of merger with Amour Fiber Core, Inc. (AFC) The terms and conditions of
said  merger  included  Mr.  McCleave's  assistance in resolution of a number of
problems  restricting  Amour.  Litigation with the landlord and disgruntled note
holders  threatened  the  collapse of the company unless amicable resolution was
achieved.  The  terms  of  the  merger  were  established  and the concerns were
resolved over the subsequent 24 months.

In  May  of  2004,  following  appropriate shareholder consent and board action,
Amour   Fiber  Core,  Inc.  (Washington)  merged  with  a  newly  formed  Nevada
corporation  of  the  same  name and with the same issued and outstanding shares
(11,027,988).  Amour Fiber Core, Inc. (Nevada) has authorized 350,000,000 common
and 5,000,000 preferred shares.

On  May 24, 2004, Amour Fiber Core, Inc. (Nevada) then entered into an Agreement
and  Plan  of Merger with American Leisure Products, Inc., a Florida corporation
with  a  total  issued  and  outstanding of 100,000 common shares. A 1:6 reverse
split  of the Amour Fiber Core, Inc. shares held by the AFC shareholders reduced
the  issued  and  outstanding  common  shares of AFC (Nevada) from 11,027,988 to
1,837,998. The merger called for each share of ALP to convert to 73.52 shares of
Amour  Fiber Core, Inc. (Nevada). The sole shareholder of ALP received 7,352,000
shares of Amour Fiber Core, Inc. (Nevada) in the merger (i.e. a conversion ratio
of  73.52:1).  Following  this  transaction, Amour Fiber Core, Inc. (Nevada) had
9,189,998 shares outstanding.

Following this merger and in keeping with the Shareholder Consent and subsequent
board  action,  the  name  of  Amour  Fiber  Core,  Inc. (Nevada) was changed to
American  Fiber  Green Products, Inc. American Leisure Products, Inc. (a Florida
corporation)  became a wholly owned subsidiary of American Fiber Green Products,

                                       1
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<PAGE>
Inc.  The assets and opportunities of American Fiber Green Products, Inc. (f/k/a
Amour  Nevada  and  Amour  Washington) were moved to a newly formed, Amour Fiber
Core, Inc., ( a Florida Corporation) as a wholly owned subsidiary. The resulting
structure  is  American  Fiber Green Products, Inc. (Nevada) holding 100% of the
stock  of  American  Leisure Products, Inc. (Florida) and Amour Fiber Core, Inc.
(Florida).






































































                                      2
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<PAGE>
Amour Fiber Core, Inc

AFC's  primary  purpose  is  performing  reclamation manufacturing of commercial
fiberglass  products  from molded fiberglass waste and outdated resin waste. The
Company  has advanced reclamation techniques combined with a proprietary process
to  reclaim  fiberglass  waste products, obsolete fiberglass molded products and
outdated  or  excess fiberglass resins. These waste products are key ingredients
in the production of the Amour fiberglass products. Management believes that its
ability to transform fiberglass waste into viable commercial products will cause
diversion  of thousands of tons of refuse from landfills and transform the waste
into  recycled  products with commercial applications. The Company has exclusive
rights  to  two  patents for its technologies. Three immediate sources of income
are  expected;  tipping  fees, sale of sub-licensing agreements and marketing of
finished goods.

American Leisure Products, Inc.

The  Company's  second  operating  subsidiary is American Leisure Products, Inc.
("ALP"),  which  was  incorporated in Florida on September 15, 2001, in order to
merge  with  Amour  Fiber  Core,  Inc. Following the merger on May 24, 2004, ALP
began  to  focus  on  producing  a  variety  of fiberglass products that provide
recreational  enjoyment,  such  as  the  "Hot  Rod" car industry and the "Marine
Industry".  Various  molds,  tooling  and  equipment  were  located  or built to
facilitate  this  plan  of  operation. ALP plans to grow through acquisition and
strategic  partnerships  for  production  of  fiberglass  cars  and  boats.  Our
fiberglass  production  facilities  will also provide future revenue through the
production  of fiberglass vintage car replicas, boats and other leisure products
from  current molds and tooling and future acquired molds. See Plan of Operation
under Part 2, Item 7.













































                                       3
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<PAGE>

                          CHRONOLOGY OF EVENTS
                          --------------------


                         Amour Hydro Press Inc.
                              Washington
                              March 1993


Amour Hydro Press, Inc.         Merger              Amour Fiber Core, Inc.
                               May 1996                    Washington


                         Amour Fiber Core, Inc.
                               Washington


Amour Fiber Core, Inc.          Merger              Amour Fiber Core, Inc.
                               May 2004                      Nevada


                         Amour Fiber Core, Inc.
                                 Nevada


Amour Fiber Core, Inc.           Merger          American Leisure Products, Inc.
      Nevada                    May 2004

                         Amour Fiber Core, Inc.
                                 Nevada


                               Name Change
                   American Fiber Green Products, Inc.
                                May 2004


                        Wholly Owned Subsidiaries

            Amour Fiber Core, Inc.       American Leisure Products, Inc.
                   Florida                          Florida

































                                       4
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<PAGE>

COMPANY AND BUSINESS OVERVIEW

The Company's executive management team is:

Kenneth W. McCleave       Chairman of the Board
Daniel L. Hefner          President, Chief Executive Officer and
                          Director
Michael A. Freid          Chief Financial Officer


Our  business plan is to engage in both fiberglass reclamation manufacturing and
production of fiberglass leisure products from virgin material.

We  have  developed,  tested and placed into limited commercial production a new
technology  for  fiberglass  reclamation  manufacturing.  We  have  adapted this
technology  to  establish  a  manufacturing  business.  From  the  research  and
development   in  Amour's  early  stages,  many  different  products  have  been
prototyped  and  tested. Our initial plan is to produce general planks or boards
for  marine decking and seawalls. From the planking, we will continue to "brand"
our  name  through  park  benches  and  picnic  tables,  as well as a variety of
additional products.

The  Company  may  offer contracts for sub-licensing of our patented technology.
The Company believes that licensing our technology to businesses in both foreign
and  domestic  markets  could be an effective method of maximizing the return on
our  investment  in  the  research  and  development of our fiberglass recycling
technology,  without  significant additional capital outlays. Additionally, such
licensing  agreements could increase our public visibility and general awareness
of  our technology. The licensee would be required to pay an upfront fee for the
sub-license,  equipment  and training prior to delivery and a royalty fee to the
Company  for  each  item produced by the licensee. If the wholesale price of the
licensee's  produced  products  is  significantly  below the production costs of
products produced by the Company, the Company may also offer to purchase product
from  the  licensees. Management believes that establishing licensees in various
foreign countries could be an effective means of introducing our technology into
new markets without major capital outlays.

The  sub-licensing  agreements would be for a ten year period with two five year
renewal  extensions  possible.  The  one-time  fee for the sub-licensing will be
variable  from  a  low  of  $1,000,000 up to $20,000,000 depending upon coverage
area.  Construction  of  the processing plant will also be an income stream with
the  Company providing prefabricated equipment and erection to the sub-licensee.
The  revenue  is  variable  by components, configuration and distance. Royalties
will  be  required  from  sub-licensees  based upon the products and volume on a
sliding  scale.  Finally,  Company  owned facilities will produce products to be
sold commercially.

Additionally,  the Company plans to generate revenues by making waste generators
aware  of  our  proprietary  process  for the recycling of fiberglass. The Amour
division  will  offer  an alternative to "filling the landfills" by offering its
process through Sub-License Agreements worldwide. Currently, most of the world's
fiberglass  is  not  being  recycled  and  is  discarded  into  landfills. Waste
generators  will  be  solicited  to  pay  tipping  fees that currently go to the
landfills  for  disposal  of  the waste, to Amour Fiber Core, Inc. By becoming a
client  of  American  Fiber  Green  Products,  Inc. the waste generator will now
become  part of a genuine recycling operation, achieving coveted 'green status'.
Amour will receive 'inventory' at a profit or for minimal cost. To date, we have
not  entered  into  any sub-licensing agreements and the terms and fees that are
outlined  above  have  not  yet  been  accepted  by  anyone  and  are subject to
negotiations.

See the discussion of the Company's plan of operations under Part 2, Item 7.

The  Company's  corporate  offices  and  manufacturing  facilities are presently
located   at   4209  Raleigh  Street,  Tampa,  Florida  33619.  Our  website  is
www.americanfibergreenproducts.com.

In  Western  States, where the Company's facilities were originally located, the
typical  cost  to  a  manufacturer to dispose of fiberglass waste in an approved
landfill  varies  from $25 - $140 per ton, plus shipping costs. The disposal fee
for  resin  waste in an approved landfill is typically $250 - $350 per 55 gallon
drum,  plus  shipping  costs.  These  costs  appear  to be representative of the
disposal costs of these types of waste throughout the United States. The goal of

                                      4
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<PAGE>


the Company is to expand its manufacturing capacity to support the processing of
a  significant  percentage  of  the  outdated resins and molded fiberglass waste
which  are  shipped  to landfills. The Company will accept resins and fiberglass
waste materials from a variety of suppliers. Past suppliers have included the US
Navy,  The  Boeing  Company,  various  boat manufacturers and general fiberglass
manufacturers.  The  Company  anticipates  that  adequate  fiberglass wastes and
related  materials  can be obtained from domestic sources; however, should these
sources  prove  to  be  inadequate,  the  Company  can purchase new materials to
supplement any deficiency.
































































                                       6
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<PAGE>
The  processing  fees  charged by the Company will range from $100 - $250 per 55
gallon drum for disposal of resins and an average processing fee of $120 per ton
for  molded  fiberglass  waste.  The  revenue  from these items is driven by the
geographical  location  of  the  manufacturing  facility. As the Company expands
production  of  the manufacturing plant, it is anticipated that the Company will
receive  additional  processing fees from new manufacturers who will utilize the
Company's recycling services.

GROWTH STRATEGY

Management  believes  that  there  are  significant  opportunities  to  increase
revenues  and  market  position  in  the  recycling and manufacturing industries
through the following:

o Optimizing our marketing plan;
o Maintaining our state-of-the-art technology position;
o Managing our raw material inventory
o Expanding our products so that new products may be offered;
o Increasing our sales volume;
o Expanding to regional offices
o Maintaining a conservative balance sheet and disciplined capital spending
  program Management  is presently evaluating plans for our off shore inquires
  for License agreements.  Our  future  growth  will  be to support our
  Licensees by marketing these product lines:

o Railroad ties
o Parking stops
o Dock Fendering Systems
o Vessel Fendering Systems
o Bridge Fendering Systems
o Seawalls


Focusing on Developing Amour as a Brand Name
--------------------------------------------

Increasing  Amour's  reputation  and name/brand recognition among its customers,
manufacturers, employees, management, shareholders, and the investment community
is a primary goal of management in 2010.

Regulatory Mandates
-------------------

The Company's business model takes into consideration regulatory mandates.

The Company maintains a website with the address
www.americanfibergreenproducts.com  The Company is not including the information
-----------------------------------
contained on its website as part of, or incorporating it by reference into, this
report  on  Form  10-K. The Company will make available, free of charge, through
our  website, all filings as soon as reasonably practicable as we electronically
file  these  materials  with,  or  otherwise furnish them to, the Securities and
Exchange Commission ("SEC").

The  Company  is  an  electronic  filer  with  the  SEC and the SEC maintains an
Internet site that contains reports, proxy and information statements, and other
information   regarding  issuers  that  file  electronically  with  the  SEC  at
http://www.sec.gov.

The  Company  intends  to  apply  for  and receive certification from regulatory
agencies,   including  the  Department  of  Ecology  and  the  US  Environmental
Protection Agency, to accept certain wastes, including molded fiberglass, resins
and  related  materials.  The  Company's  manufacturing  process  and facilities
require  no  additional environmental clearances, other than compliance with the
standard  regulations  and  rules  which  are  applicable to US manufacturers of
fiberglass products.

      Actions  by  Federal, state and local governments concerning environmental
matters  could  result  in  laws or regulations that could increase the costs of
producing the products manufactured by the Company or otherwise adversely affect
demand  for its products. The Company does not currently anticipate any material
adverse  effect  on its operations, financial conditions or competitive position
as  a result of its efforts to comply with environmental requirements. Some risk
of  environmental  liability is inherent in the nature of the Company's business
and  there  can be no assurance that material environmental liabilities will not
arise.    It    is    also    possible    that    future   developments   in
                                       7
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<PAGE>
environmental regulations could lead to material environmental compliance
or  cleanup  costs.  If  the  Company  were  to lose its certification to accept
fiberglass  wastes, it would be necessary to use new resins in the manufacturing
process, which could reduce the Company's cost advantage.

In  compliance  with  the  general  intent  of  Federal  and local environmental
regulations  as  they  apply  to  the disposal of outdated resins and fiberglass
wastes, some suppliers of recyclable materials require approval or certification
of  the  Company as one of their "authorized" recipients prior to utilization of
the  Company's  services. In conjunction with these procedural requirements, the
Company  will  seek certification that the Company's process is approved and the
Company  is  authorized as a recipient of outdated resins and fiberglass wastes.
The  Company's  products  are  required  to meet material regulations by various
federal,  state,  and local government agencies and the performance standards or
requirements  of  its various customers. As an example, vehicle bumper stops are
required  to  meet  standards and guidelines established by the US Department of
Transportation  (DOT).  Additionally, many customers request samples of products
for  testing  prior  to  committing the Company's product to open purchase order
procurement.  The  Company  has  actively  supported  potential customers in the
testing  and evaluation of each product and anticipates the continuation of this
procedure as the Company expands its customer base and introduces new products.

How We Will Manage Our Operations
---------------------------------

We will electronically hand off to our in-house Customer Care Representatives to
handle  customer  calls,  sales,  verifications,  billing and shipping. Customer
orders are processed by our Florida operations facility. The Florida facility is
responsible  for  the  following  duties  that  further  enhance  the customer's
experience:  Both  of  our  subsidiaries',  marketing strategy is to satisfy our
customer's  needs.  Our  products  meet  with  instant  market  approval through
carefully  crafted  aesthetics,  function,  features and competitive pricing. We
hold  weekly  meetings  with  all  key  members  of the operational areas of the
Company, including sales, compliance, billing, shipping and administration. Such
operational  weekly  meetings  result in a thorough discussion of weekly results
and problems, with plans and goals for the week set at such meetings

Prospective  customers view our material through our website with information of
how  to  contact  Amour Fiber Core or American Leisure Products. Once a customer
contacts  us, our customer care representatives will explain the benefits of our
service,  qualify  the  prospective customer, and answers any questions they may
have.  All  of  these  factors  help  to  solidify  customer retention rates and
expected long-term brand loyalty.

The   overall  marketing  plan  for  our  product  is  based  on  the  following
fundamentals:

Amour Fiber Core

o Verify the customers are qualified
o Establish Licensee's for each specific product they will market
o Identify a continuous supply of new opportunities, to fill the sales "funnel".
o Ship the products directly
o Maintain contact with the customer (to insure on-going education and
  regulatory compliance);
o Establish a professional, distribution network
o Develop a system to minimize delivery lead time.
o Establish protocols to promote follow up sales or referrals from existing
  customers.
o Obtain feedback from the customer base to continually improve the product or
  the sales channel.


American Leisure Products

The   overall  marketing  plan  for  our  product  is  based  on  the  following
fundamentals:

o Establish a professional, qualified and capable distribution dealer network.
o Identify a continuous supply of new opportunities, to fill the sales "funnel".
o Manage a system to minimize delivery lead time.
o Manage the systems to promote follow up sales or referrals from existing
  customers.



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<PAGE>

o Obtain feedback from the customer base to continually improve the product or
  the sales channel.
  Initially,  all  shipping  will  be  direct  to the consumer and produced in
  our Florida  facility,  with the Company receiving bulk shipments from its
  suppliers at the same location.





































































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<PAGE>
AMERICAN LEISURE PRODUCTS

GENERAL DEVELOPMENT OF BUSINESS
American  Leisure  Products  is  a  company  that  will produce fiber reinforced
plastic  composite  parts. Although ALP will produce products from its own molds
and  tooling,  we will also be able to serve as an outsource to many industries,
including:  transportation, marine, commercial and architectural. The reputation
and  experience  of our production employees create a demand for our services in
the  market  place.  Our  experience  in  building  custom  molds  for  multiple
industries  is  in  high  demand. Generally, the explosive demand for fiberglass
recreational  products  to  fill  the  demands  of  affluent 'baby boomers' with
leisure  time  on their hands bodes well for ALP and other producers for several
years  to  come.  ALP has positioned itself to be a leader within the Fiberglass
Reinforced  Plastic  (FRP)  industry  by means of its unique designs and product
variety, as well as the experience and skill of its employees and management.

GROWTH STRATEGY

Growth is intended to be achieved by establishing brand recognition for American
Leisure  Products  both as an owned product line and as a reliable outsource for
the  FRP  manufacturing  industry. ALP will increase its customer base requiring
FRP  products to be built as our reputation for quality and delivery reliability
becomes  known. These customers require products to be built as they do not have
the facility and/or knowledge to produce these products in-house.

In  addition  to  the  outside  work, ALP intends to produce "in house" products
described  below that the Company owns or controls. These products will focus on
the  recreational  industry. Growth will be achieved by establishing dealers for
the  replica  car  bodies  and  FRP  parts  and  by participating in rallies and
gatherings  of  hobbyists  for  the  various products. Support will be available
through  employee's  who  can  assist  with  questions,  printed  material,  and
commitments  by the Company and the dealer at national shows, all linked through
the Company's web site. Advertisement in regional and national publications will
increase  brand  recognition.  Our research shows that the dealer network in the
"hot  markets" in the US could reach a potential of 200 plus dealers. The use of
the Internet will allow communication with worldwide customers.

PRODUCTS

ANTIQUE REPLICARS

o Nostalgic  replica  automobiles  (commonly referred to as Hot Rods) are
  provided  at  completion levels from the hobbyist who wants to build his own
  car to  the  enthusiast that wants to buy a complete automobile ready to drive
  away. These  cars  are  offered  in  a number of package configurations to
  serve every segment  of the market:
o Phase 1: These parts package includes all of the major body  components.
  The  customer  will  build  the  car from the ground up. This customer  is
  normally a serious hobbyist with tools, equipment and the required skills.
o Phase 2: These parts packages are provided with all of the components
  required  less the engine and the interior. This includes the frame,
  suspension, brakes,  body, steering, wheels, etc. This customer is the
  hobbyist who wants to build  a  car and has the space, some equipment,
  but wants all of the components (already  fitted)  and complete.
o Phase 3: This level is for the enthusiast who does not have the place, time,
  equipment or skills to build an automobile.


Building  the  cars  at  various stages will reduce a major part of the dealer's
time. The Company will support the dealers with cars (nick-named rollers). These
"rollers"  will  be  assembled,  based  on  various  stages  of  work  with easy
step-by-step  processes  to  complete.  By building the cars in these stages, it
will allow the final car to be completed with a minimum of effort.

BOATS

ALP  will produce fiberglass boats from molds and tooling that will be exclusive
to  ALP.  These  boats  have long histories and continue to receive regional and
nation  recognition  for their quality construction, unique style and the fierce
loyalty  of  their  owners. ALP will produce trawlers, sailboats and flats boats
from  their  own  exclusive lines as well as provide outsource service for other
manufacturers as need and opportunity allow.

                                       9
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<PAGE>

OTHER PRODUCTS

From  time to time as opportunities arise, ALP may opt to develop other products
to  build  for  their own account or others. The level of skill and expertise of
the  management  and  employees  of  ALP  enhance  their  imagination and market
awareness.  Design  and /or redesign of a product for the market is within their
in-house skills as well as the ability to build the tooling and molds that bring
those designs to reality and to market.

FUTURE GROWTH STRATEGY

We  will  expand  the  dealer network through direct marketing from the factory.
Each  dealer  will have an area that will be negotiated based on commitments and
the  demographics  that  needs to be covered. The "Dealer Package" will be for a
certain minimum requirement and a commitment for delivery of additional cars for
the remaining year based on the geographic area of the dealer.

See the discussion of the Company's plan of operations under Part 2, Item 7.

ANTIQUE REPLICAR RENTAL

Our  market  research indicates that a business opportunity grows substantially,
when  we use our own manufactured vintage car products in a rental fleet network
in   vacation   areas.  Demand  for  a  fresh,  new,  fun  alternative  form  of
transportation is an exciting prospect for consumers and investors alike.

o Rental locations will be established throughout the country to satisfy the
  demand for exotic or,premium rentals in locations such as Miami, FL, Daytona,
  FL, Las Vegas, NV, Los Angeles, CA, etc. The Company intends to use these
  centers to rent, service, and sell its products.
o Parts and service. The parts required to assemble these vintage cars will be
  made available to our dealer network as well as retail consumers. Through the
  use of our web site, both dealers and consumers will be able to interface with
  the factory for their needs. The service category includes revenues from
  customers for the repair of damaged items or items that need to be installed.


COMPETITION - AMOUR FIBER CORE

RECYCLING

The Company is aware of several experimental fiberglass recycling projects and a
few  prototype  or  development stage commercial fiberglass recycling companies.
Most  of  these competitors utilize a process which grinds the fiberglass into a
fine  powder  and feeds the powder into the fluid being sprayed, under pressure,
onto  fiberglass  molds.  The  Company  is not aware of any fiberglass recycling
companies  which  utilize  any  process  similar  to  the  Company's proprietary
process;  however,  it  is  possible  that  others  are  in  the early stages of
developing  other  fiberglass  recycling technologies. The Company believes that
the  patent issued to the Amour Family Trust and licensed to the Company will be
sufficient  to  prevent  any  potential  competitors  from utilizing any process
similar to that used by the Company.

PRODUCTS

The  Company  will  compete  worldwide  with a variety of manufacturers of wood,
plastic,  concrete  and  fiberglass  products,  including  many large industrial
corporations with resources significantly greater than those of the Company.

The  Company  competes  with  new  fiberglass  products  based  upon  price. New
fiberglass products are manufactured with new resins and new glass fibers, which
add  raw  material costs to the wholesale price of the product. Manufacturing of
the  Company's  product  does  not  incur  the  same  raw  materials  costs and,
therefore,  to  the extent the Company utilizes recyclable resins and fiberglass
wastes,  the  Company's  products  may have a sales price advantage. There are a
number  of  businesses that make or could make fiberglass tables and benches. In
general,  these  businesses  must  purchase  raw  materials to manufacture their
products, and therefore have higher costs of goods sold.

Like  other  fiberglass products, the Company's products are typically sold at a
price higher than similar wood products; however like other fiberglass products,
the  Company's  products have strong resistance to moisture, dry rot and surface
damage.  The  Amour  products  also  present  features  of  higher  strength and
durability. The Company
                                       10
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<PAGE>
believes  these long term benefits off-set the higher price of the
product.  The Company's products are similar in cost to new and recycled plastic
products.  The advantages that the Company's products have over plastic products
are  higher  modulus  of  rupture  and elasticity, higher compression allowance,
higher density and better structural integrity.

AMERICAN LEISURE PRODUCTS

The  Company  believes  its  products  provide  an  overall better value for the
customer  when compared to its competition, because of exceptional features such
as  selling  kits  that allow for lower cost entry into the hobby. . Even though
the  feature  benefits may be compelling, ALP products will remain competitively
priced.  The  Company  does not anticipate erosion in margin due to competition.
The  leisure  market  is  expanding rapidly and maintenance of market share will
insure  growth.  Most  of the competitors in this market offer a cost effective,
reliable   product   that   will  meet  or  exceed  the  functional  application
requirements.

The  distinguishing advantages for ALP are a competitive price point, a superior
product,  ongoing  product  evaluation,  quality control and support. A complete
technical  comparison  is  available;  which  gives  ALP  an  advantage over its
competitors by providing a greater perceived value to the Customer.

EMPLOYEES

As  of  December  31,  2008, the Company employed three full-time employees. The
Company  may engage independent contractors and other temporary employees in its
operations  as  required.  None  of  the Company's employees is represented by a
labor  union,  and  the Company considers its employee relations to be good. The
Company  believes  that  its future success will depend in part on its continued
ability to attract, hire and retain qualified personnel.

ITEM 1A.
RISKS PARTICULAR TO THE COMPANY'S BUSINESS

The  risk  to  the  company's  business model is that the time it takes to fund,
organize  and  begin  operations will leave the door open for others to create a
competitive solution that could cause us to lose our uniqueness.

ITEM 2.
DESCRIPTION OF PROPERTY

Our  office and production facilities are located at 4209 Raleigh Street, Tampa,
Florida  33619.  Currently, a related company, Public Acquisition Company, has a
lease/option  on  the  property  where AFGP is located. No monthly rental fee is
charged  by  the  related party, but there is no guarantee that this arrangement
will  continue.  The  office  is  approximately  1,000  square  feet and is in a
condition  adequate  for  our  operations.  The  production  facilities  will be
sufficient  for  the start up of AFGP. Additional adjacent property is available
for  lease  or  purchase.  The  terms of the lease agreement require thirty days
written notice by either party to terminate the lease.

ITEM 3.
LEGAL PROCEEDINGS

The  Company  is  not  involved in any legal proceedings and is not aware of any
pending or threatened claims.

The  Company  expects that it may become subject to legal proceedings and claims
from  time  to  time  in the ordinary course of its business, including, but not
limited  to,  claims  of  alleged  infringement  of  the  trademarks  and  other
intellectual  property rights of third parties by the Company and its licensees.
Such  claims,  even  if  not  meritorious,  could  result  in the expenditure of
significant financial and managerial resources.

ITEM 4.
SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

During  the year ended December 31, 2009, the Company did not submit any matters
to a vote of its security holders.

                                       11
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<PAGE>


                                    PART II

ITEM 5.
MARKET  FOR  REGISTRANT'S  COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER
PURCHASE OF EQUITY SECURITIES

The  Company's  common  stock  is  traded on the Over The Counter Bulletin Board
(OTCBB) under the symbol "AFBG". The table below sets forth the high and low bid
prices  for the Company's common stock for each calendar quarter as of the start
of trade on May 22, 2008. Quotations reflect inter-dealer prices, without retail
mark-up, mark-down or commission, and may not represent actual transactions.
<TABLE>

<S>                                                                                <C>             <C>



                                                                                           BID PRICES
                                                                                  -----------------------------
                                                                                      LOW             HIGH

                                                                                  ------------    -------------
FISCAL 2008

First Quarter (January 1, 2008 through March 31, 2008)                                N/A             N/A

Second Quarter (April 1, 2008 through June 30, 2008)                                 $0.50           $1.01

Third Quarter (July 1, 2008 through September 30, 2008)                              $0.10           $0.95

Fourth Quarter (October 1, 2008 through December 31, 2008)                           $0.07           $0.26


FISCAL 2009

First Quarter (January 1, 2009 through March 31, 2009)                               $0.08           $1.10

Second Quarter (April 1, 2009 through June 30, 2009)                                 $0.60           $0.80

Third Quarter (July 1, 2009 through September 30, 2009)                              $0.20           $0.75

Fourth Quarter (October 1, 2009 through December 31, 2009)                           $0.26           $0.55
</TABLE>

On  August  20,  2010  the  closing  bid  price of the Company's Common Stock as
reported  by  the OTCBB was $0.50 and there were approximately 1099 shareholders
of record of common stock and no holders of record of preferred stock.

Currently there are no outstanding warrants or options to purchase stock.

PENNY STOCK REGULATIONS:

The  Company's  common  stock is subject to provisions of Section 15(g) and Rule
15g-9  of  the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
commonly referred to as the "penny stock rule." Section 15(g) sets forth certain
requirements  for  transactions  in penny stocks, and Rule 15g-9(d) incorporates
the  definition  of  "penny  stock" that is found in Rule 3a51-1 of the Exchange
Act.  The SEC generally defines "penny stock" to be any equity security that has
a market price less than $5.00 per share, subject to certain exceptions. As long
as  the  Company's  common  stock  is deemed to be a penny stock, trading in the
shares   will   be   subject   to  additional  sales  practice  requirements  on
broker-dealers who sell penny stocks to persons other than established customers
and accredited investors.

Dividends

The Company does not anticipate paying any cash dividends on its Common Stock in
the  foreseeable  future.  The  Company  expects  to  retain, if any, its future
earnings for expansion or development of the Company's business. The decision to
pay  dividends,  if  any, in the future is within the discretion of the Board of
Directors  and  will  depend  upon the Company's earnings, capital requirements,
financial  condition and other relevant factors such as contractual obligations.
There can be no assurance that dividends can or will ever be paid.

                                       12
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<PAGE>

During  the  year  ended  December  31,  2009,  there was no modification of any
instruments  defining the rights of holders of the Company's common stock and no
limitation  or  qualification  of  the  rights evidenced by the Company's common
stock  as  a  result  of  the  issuance  of any other class of securities or the
modification thereof.

ITEM 6.
SELECTED FINANCIAL DATA

Not applicable.
































































                                       13
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<PAGE>
ITEM 7.
MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF  FINANCIAL  CONDITION AND RESULTS OF
OPERATION

THIS  FILING  CONTAINS  FORWARD-LOOKING  STATEMENTS.  THE  WORDS  "ANTICIPATED,"
"BELIEVE,"  "EXPECT,"  "PLAN,"  "INTEND," "SEEK," "ESTIMATE," "PROJECT," "WILL,"
"COULD," "MAY," AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING
STATEMENTS. THESE STATEMENTS INCLUDE, AMONG OTHERS, INFORMATION REGARDING FUTURE
OPERATIONS,  FUTURE  CAPITAL  EXPENDITURES,  AND  FUTURE  NET  CASH  FLOW.  SUCH
STATEMENTS REFLECT THE COMPANY'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND
FINANCIAL  PERFORMANCE  AND  INVOLVE RISKS AND UNCERTAINTIES, INCLUDING, WITHOUT
LIMITATION,  GENERAL  ECONOMIC  AND  BUSINESS  CONDITIONS,  CHANGES  IN FOREIGN,
POLITICAL,   SOCIAL,   AND   ECONOMIC  CONDITIONS,  REGULATORY  INITIATIVES  AND
COMPLIANCE  WITH GOVERNMENTAL REGULATIONS, THE ABILITY TO ACHIEVE FURTHER MARKET
PENETRATION  AND  ADDITIONAL CUSTOMERS, AND VARIOUS OTHER MATTERS, MANY OF WHICH
ARE  BEYOND  THE  COMPANY'S  CONTROL.  SHOULD  ONE  OR  MORE  OF  THESE RISKS OR
UNCERTAINTIES  OCCUR,  OR  SHOULD  UNDERLYING ASSUMPTIONS PROVE TO BE INCORRECT,
ACTUAL  RESULTS  MAY  VARY  MATERIALLY  AND  ADVERSELY  FROM  THOSE ANTICIPATED,
BELIEVED,   ESTIMATED,   OR   OTHERWISE  INDICATED.  CONSEQUENTLY,  ALL  OF  THE
FORWARD-LOOKING STATEMENTS MADE IN THIS FILING ARE QUALIFIED BY THESE CAUTIONARY
STATEMENTS AND THERE CAN BE NO ASSURANCE OF THE ACTUAL RESULTS OR DEVELOPMENTS.

The  following  discussion  and  analysis should be read in conjunction with the
Company's  consolidated  financial statements and related notes thereto included
elsewhere in this registration statement. Portions of this document that are not
statements  of  historical  or  current fact are forward-looking statements that
involve  risk  and  uncertainties,  such as statements of our plans, objectives,
expectations and intentions. The cautionary statements made in this registration
statement  should  be read as applying to all related forward-looking statements
wherever  they  appear  in this registration statement. Our actual results could
differ  materially  from  those  anticipated  in the forward-looking statements.
Factors  that  could  cause  our  actual results to differ materially from those
anticipated   include   those   discussed  in  "Risk  Factors,"  "Business"  and
"Forward-Looking Statements."

The  following  management  discussion  should  be read together with the AFGP's
consolidated  financial  statements  included in this registration statement See
"Index  to  Financial  Statements"  at  page  F-1.  Those consolidated financial
statements  have  been prepared in accordance with generally accepted accounting
principles of the United States of America.

GENERAL OVERVIEW

American Fiber Green Products, Inc.

From  its  inception,  American  Fiber  Green  Products, Inc. (f/k/a Amour Hydro
Press,  Inc;  Amour  Fiber  Core,  Inc.  [Washington];  Amour  Fiber  Core, Inc.
[Nevada])  has  had  a  focus on the production of Fiberglass Reinforced Plastic
(FRP)  products  to  take  to  market,  beginning  with  the  patented recycling
technology  developed  by  William  Amour, the company's founder. After spending
millions  of dollars on research and development and proving that the technology
could,  in  fact,  recycle  fiberglass  waste  and  produce  superior fiberglass
products,  the  Company was forced to suspend operations due to the death of Mr.
Amour  in  1999.  Several years of stagnation and distress left the Company, its
creditors  and  its  nearly 850 shareholders on the verge of total loss. In 2001
Kenneth  McCleave  started  dialogue with the Management and shareholders of the
Company about merging with American Leisure Products, Inc., a company that would
use  virgin  materials  to  produce  vintage cars, boats and other FRP products.
These  discussions  resulted  in a concerted effort by McCleave and his team, as
well  as the Officers and Directors of the Company, to establish support for and
confidence  in  the  proposed plan of merger. In May of 2004 after much creditor
negotiation,  resolution  of  legal matters and personal visits with hundreds of
shareholders  representing  over 70% of the issued and outstanding shares of the
Company's  common stock, the merger was completed between Amour Fiber Core, Inc.
(Nevada)  and  American  Leisure  Products,  Inc.  (Florida) Simultaneously, the
combined companies effected a name change to American Fiber Green Products, Inc.
(AFGP)  The  company  established  that  the future operations of the two merged
companies  would  represent  two  divisions  of  AFGP.  Amour  Fiber  Core, Inc.
(Florida)  had  been formed to be a subsidiary of American Fiber Green Products,
Inc.  specifically  fiberglass  waste recycling. American Leisure Products, Inc.
(Florida) will produce fiberglass components from new materials.



                                       14
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<PAGE>
Amour Fiber Core

We  plan  to  generate revenues from several areas: a technology and proprietary
process  for  the  recycling  of  fiberglass.  Revenues can be produced from the
following areas:

Amour  Fiber  Core primary focus will be to recycle fiberglass, produce products
from  recycled material and sell license agreements for its process. The Company
has  developed, tested and previously placed into limited commercial production,
a  new  technology for fiberglass reclamation manufacturing. It has adapted this
technology  to  establish  a  manufacturing  business.  From  the  research  and
development in Amour's early stages many different products have been prototyped
and  tested.  Building  on  this  foundation, management has determined that the
pilot  plant,  anticipated  to  be  constructed  in Florida in 2010 will produce
general  planking  or  boards  for  marine  decking  and seawalls. Marketing the
planking we will help to "brand" our name through park benches and picnic tables
as part of our first line of finished goods.

We  intend  to offer contracts for our licensing of our patented technology. The
Company  believes  that  licensing  its  technology  to  businesses  in  foreign
countries  and  the North American market can be an effective method to maximize
the  return  on  its  investment  in the continued development of its fiberglass
recycling   technology,   without   significant   additional   capital  outlays.
Additionally,  such  licensing  agreements  will  increase  the Company's public
visibility  and  general  awareness  of  its  technology.  The  licensee will be
required to pay an upfront fee for the sub-license, equipment and training prior
to  delivery  and  a  royalty  fee  to the Company for each item produced by the
licensee.  If  the  wholesale  price  of  the  licensee's  produced products are
significantly  below  the  production costs of products produced by the Company,
the  Company  may also offer to purchase product from the licensees. The Company
believes  the  establishment  of  licensees  in  various foreign countries is an
effective means of introducing the Company's technology into new markets without
major capital outlays.

American Leisure Products.

American  Leisure  Products  (ALP)  will produce FRP parts within the fiberglass
industry.  In  addition  the  Company  will produce parts from the company owned
molds  for  the  after market hot rod industry and the marine industry. ALP will
produce  and  sell vintage car bodies, boats, and other fiberglass components in
the  leisure  products line. The leisure market has been defined in recent years
as one of the fastest growing market segments because of 'baby boomers' who have
reached a point of financial affluence and increasing leisure time. Their desire
to  enjoy  the  'fruits  of  their  labor' has created a massive market that our
products  will  feed. The company currently owns molds for several products, but
will  also  be  acquiring  additional  molds  and tooling as funding is achieved
through debt or equity or the combination.

RESULTS OF OPERATIONS

Revenues.

The  Company  had  $1,630 in revenue for the year ended December 31, 2009 and no
revenue  for  the  year  ended  December 31, 2008. The Company had suspended all
operations  for  the past several years while management effected the changes in
corporate  structure,  built  a  management team, studied the market trends, and
generated  investment  interest in the Company's business model and opportunity.
The  Company  plans  to  build  a pilot plant in 2010. The Company has begun the
process  of  identifying a network of sub-licensees to collect and process waste
fiberglass  and  to produce finished goods from that process. These sub-licenses
will  provide income to the Company in initial fees for acquiring the license as
well as ongoing revenue from production royalties.

Expenses

The  Company  incurred  interest  expense  for  year ended December 31, 2009, of
$88,412. Interest for the year ended December 31, 2008 was $87,507. Interest was
charged  based  on  the stated interest rates set forth in the notes. Marketing,
general  and  administrative  expenses  for  the  same  periods were $88,870 and
$87,411 respectively.




                                       15
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<PAGE>

Income tax expense.

The  Company  has incurred net operating losses since inception. At December 31,
2009  the  Company  had  a  net  operating  loss  carry forward of approximately
$2,824,141.  For  U.S. tax purposes the net operating losses will begin expiring
in  twenty  years.  We have had a change of ownership as defined by the Internal
Revenue  Code  section  382. As a result, a substantial annual limitation may be
imposed upon the future utilization of our net operating loss carry forwards.

GENERAL TRENDS AND OUTLOOK

We  believe  that  our  immediate  outlook is extremely favorable, as we believe
there  is no other company competing with us on a nationwide basis in our market
niche for recycling fiberglass and only a limited numbers of companies competing
with  us  in of our products within American Leisure Products. However, there is
no  assurance  that such national competitor will not arise in the future. We do
not anticipate any major changes in the Recycling industry. We believe that 2010
will  be  a  significant  growth  year,  and  besides  the  operational business
strategies  discussed  above, we intend to implement the following plans in 2010
in order to maintain and expand our opportunity.

The  Company continues to seek funding which will allow us to staff our facility
in  Tampa, Florida, with customer service representatives and logistical support
personnel,  to  build  our  Pilot  Plant  and complete our tooling requirements.
Currently  this  facility is limited in staff. The Tampa plant will serve as the
selling   platform   for  the  sub-licensing  of  Amour  Fiber  Core's  patented
technology.  Additionally,  we will utilize this facility to directly distribute
American Leisure's products to the market.

As  we  gain  strength  and  stability in the U.S. domestic market, we intend to
expand  our influence and market in other areas of the world through our license
agreements. Inquiries about acquiring use of the Amour recycling technology have
been received from Japan, Australia, England, France, Turkey, Egypt, the African
continent,  Indonesia,  Ireland,  the  Caribbean basin and Canada. LIQUIDITY AND
CAPITAL RESOURCES

During  the  years  ended  December 31, 2009 and 2008 the Company used cash from
operating activities of $193,484 and $86,973, respectively. The increase in cash
used is primarily due to payment of accounts payable obligations.

During the years ended December 31, 2009 and 2008 the Company provided cash from
investing activities of $-0- and $-0- respectively.

During  the  years  ended December 31, 2009 and 2008 the Company (used) provided
cash  from  financing  activities  of  $193,559  and $86,926, respectively. This
increase  of  cash  provided  by financing activities is primarily due to a loan
received from PAC (Public Acquisition Company).

The  aggregate  value  of outstanding loans as of December 31, 2009 is $630,244.
This  amount is comprised of notes payable of $293,035 and long-term payables of
$344,209.  Notes  payable  are  due  on  demand,  with accumulated interest on a
compound  basis  at rates specified in each note. Long-term payables of $344,209
includes  $341,685 due to PAC, a related party, of which $314,670 bears interest
with  terms  similar  to  those  of  the notes payable. The remaining balance of
long-term payables of $2,524 has no specified terms or conditions.

Cash   flows   from  operations  have  been  derived  primarily  from  increased
liabilities  and  issuance  of  equity. As of December 31, 2009, working capital
deficit  was $232,141. As current operating cash flow is insufficient to finance
the Company's planned growth, we will continue to seek additional financing from
alternative  sources,  including  bank  loans,  supplier  agreements  and  other
financing arrangements.












                                       16
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<PAGE>

The  Company's financial statements have been prepared assuming that the Company
will  continue  as  a  going  concern. For the year ended December 31, 2009, the
Company  had  a  net  loss of $164,896, cash used by operations of $193,484, and
negative  working  capital of $232,141. In view of these matters, recoverability
of  recorded  asset  amounts  shown  in  the accompanying consolidated financial
statements is dependent upon the Company's ability to commence operations and to
achieve  a  level  of  profitability.  The  Company  has financed its activities
principally  from  private  funding.  The  Company intends to finance its future
development  activities  and  its  working  capital needs during the next twelve
months  largely  from  debt  and  equity  financings  until such time that funds
provided  by  operations  are  sufficient  to fund working capital requirements.
However,  there  can  be no assurance that any such financing will be available,
and  that if available, that it will be available on terms that are favorable or
acceptable to the Company.

The  planned  construction  of the Pilot Plant is expected to cost approximately
$525,000. The Company plans to acquire funding for the construction from outside
investors,  establishment  of license agreements, government grants or through a
stock offering.

UNPREDICTABILITY   OF  FUTURE  REVENUES;  POTENTIAL  FLUCTUATIONS  IN  QUARTERLY
OPERATING RESULTS; SEASONALITY

As a result of the Company's limited operating history, the Company is unable to
accurately  forecast  its  revenues.  The  Company's  current and future expense
levels  are  based  largely  on  its  investment  plans  and estimates of future
revenues and are to a large extent fixed and expected to increase.

Sales  and  operating  results  generally depend on the volume of, timing of and
ability  to  fulfill the number of orders received and the ability to obtain raw
materials at a reasonable price. The Company may be unable to adjust spending in
a timely manner to compensate for any unexpected revenue shortfall. Accordingly,
any  significant  shortfall  in  revenues  in  relation to the Company's planned
expenditures  would  have an immediate adverse effect on the Company's business,
prospects,  financial  condition  and  results  of  operations.  Further,  as  a
strategic  response  to  changes in the competitive environment, the Company may
from  time  to  time  make certain pricing, service or marketing decisions which
could  have  a  material  adverse  effect  on its business, prospects, financial
condition and results of operations.

The  Company  expects  to  experience  significant  fluctuations  in  its future
quarterly  operating  results  due  to  a  variety of factors, many of which are
outside  the  Company's control. Factors that may adversely affect the Company's
quarterly  operating  results  include  (i)  the  Company's  ability  to  retain
customers,  attract  new  customers  at  a  steady  rate  and  maintain customer
satisfaction,  we  cannot  be  sure  that  we will be able to attract sufficient
customers  to maintain or grow revenue and consequently our long term growth and
success  may be negatively impacted (ii) the announcement or introduction of new
technology  by  the  Company  and  its  competitors,  we cannot be sure that our
competition  will  not  significantly  impact  our  customer  base,  and thereby
negatively  impact  our  revenues, with new and improved technology; (iii) price
competition  or  higher prices in the industry we cannot be sure that we will be
able  to  maintain our current pricing structure and gross margins to be able to
compete with new competitors at reasonable prices; (iv) the Company's ability to
upgrade  and develop its systems and infrastructure and attract new personnel in
a  timely  and effective manner, the Company cannot be sure that it will be able
to  raise  sufficient  capital  in  order for it to grow its infrastructure; (v)
governmental  regulation,  the Company must comply with regulations from several
governmental  agencies to ensure compliance of products, recycling processes and
manufacturing  facilities,  but  there is no assurance that the regulations will
not  change  or  become  more  restrictive  in  the future, thereby limiting the
ability of the Company to produce cost effective products.

Capital Stock

Preferred Stock

Although the board has authorized 5,000,000 shares of preferred stock, par value
$.001, none has been issued.





                                       17
================================================================================

<PAGE>
Capital expenditures

We  expect to incur capital expenditures in the future. Since our inception, the
research  and development has been completed. For each division in 2010-2011, we
expect  to  have  total  capital expenditures of $525,000.00 -- Amour Fiber Core
$250,000 for the pilot plant and American Leisure Products $275,000.




































































                                       18
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<PAGE>
OFF-BALANCE SHEET ARRANGEMENTS

We  do  not  have any off-balance sheet arrangements that have or are reasonably
likely to have a current or future effect on our financial condition, changes in
financial  condition,  revenues  or  expenses, results of operations, liquidity,
capital expenditures or capital resources that is material to investors.

SIGNIFICANT ACCOUNTING POLICIES

The accounting policies of the Company are in accordance with generally accepted
accounting  principles  of  the  United  States  of  America, and their basis of
application   is  consistent.  Outlined  below  are  those  policies  considered
particularly significant:

The preparation of financial statements in conformity with accounting principles
generally  accepted  in the United States of America requires management to make
estimates  and  assumptions  that  affect  the  reported  amounts  of assets and
liabilities  and  disclosure of contingent assets and liabilities at the date of
the  financial  statements  and  the  reported  amounts of revenues and expenses
during the reporting period. Actual results could differ from those estimates.

Common  stock transactions for services are recorded at either the fair value of
the  stock  issued or the fair value of the services rendered, whichever is more
evident  on the day that the transactions are executed. The certificates must be
issued subsequent to the transaction date.

Research  and  development costs are charged to operations when incurred and are
included in operating expenses.

The  accompanying  consolidated financial statements include the activity of the
Company  and  its  wholly owned subsidiaries. All intercompany transactions have
been eliminated in consolidation.

The   preparation  of  consolidated  financial  statements  in  conformity  with
accounting  principles  generally  accepted  in  the  United  States  of America
requires  management  to make estimates and assumptions that affect the reported
amounts  of  assets  and  liabilities  and  disclosure  of contingent assets and
liabilities  at  the  date  of  the  consolidated  financial statements, and the
reported  amounts  of  revenues and expenses during the reported periods. Actual
results could materially differ from those estimates.

For  purpose  of  the  statement of cash flows, the Company considers all highly
liquid  debt instruments purchased with a maturity of three months or less to be
cash equivalents.

Inventory  is  valued  at  the  lower  of  cost or market. All inventory will be
evaluated   periodically  for  excess  amounts  on  hand  and  obsolescence.  If
necessary, appropriate reserves will be established.

Property  and  equipment  are  stated  at  cost  and  are depreciated over their
estimated useful lives. Depreciation is currently recorded as Marketing, General
and  Administrative  expense.  At such time as assets are transferred to revenue
generating production, their associated depreciation will be recorded as Cost of
Sales.

The Company recognizes revenues from 1) tipping fees in the acquisition of scrap
fiberglass,  2)  sale  of  products  produced with reclaimed fiberglass, 3) fees
charged  for  licensing  and  installation  of  the  proprietary reclamation and
manufacturing   processes,  4)  royalties  charged  to  licensees  for  revenues
generated by using our licensed processes, 5) sales of other fiberglass products
(reproduction  cars,  boats). Revenue is recorded when products and services are
provided to the customer.

Project  development  costs are expensed as incurred. The cost of equipment that
will  be  acquired  or  constructed for project development activities, and that
have  alternative  future uses, both in project development, marketing or sales,
will  be  classified  as  property  and  equipment  and  depreciated  over their
estimated   useful  lives.  To  date,  project  development  costs  include  the
development,  engineering,  and  marketing  expenses  related  to  the Company's
fiberglass reclamation process and associated product development.

Effect of Inflation

We  do  not  believe  that  inflation has had a material effect on our business,
results of operations or financial condition during the past two years.

                                       20
================================================================================
<PAGE>
NEW ACCOUNTING PRONOUNCEMENTS

In October 2009, the FASB issued Accounting Standard Update ("ASU") No. 2009-13,
Multiple-Deliverable  Revenue  Arrangements  ("ASU  2009-13")  and  No. 2009-14,
Certain  Revenue  Arrangements  that  include Software Elements ("ASU 2009-14").
These  standards  update  FASB ASC 605, Revenue Recognition ("ASC 605") and FASB
ASC  985,  Software  ("ASC 985"). The amendments to ASC 605 requires entities to
allocate  revenue  in  an  arrangement  using  estimated  selling  prices of the
delivered  goods and services based on a selling price hierarchy. The amendments
to  ASC 985 remove tangible products from the scope of software revenue guidance
and  provide  guidance  on  determining  whether  software  deliverables  in  an
arrangement  that  includes  a  tangible product are covered by the scope of the
software  revenue  guidance.  These  amendments to ASC 605 and ASC 985 should be
applied  on  a  prospective  basis  for  revenue  arrangements  entered  into or
materially  modified  in  fiscal years beginning on or after June 15, 2010, with
early  adoption  permitted.  The  Company adopted these amendments on January 1,
2010. Management does not believe that the adoption of this standard will have a
material impact on the Company's financial statements.

In  January  2010,  the FASB issued ASU No. 2010-06, Fair Value Measurements and
Disclosures  ("ASU  2010-06").  This  standard  updates FASB ASC 820, Fair Value
Measurements ("ASC 820"). ASU 2010-06 requires additional disclosures about fair
value measurements including transfers in and out of Levels 1 and 2 and separate
disclosures about purchases, sales, issuances, and settlements relating to Level
3  measurements.  It  also  clarifies  existing fair value disclosures about the
level  of  disaggregation  and  about  inputs  and  valuation techniques used to
measure  fair  value. The standard is effective for interim and annual reporting
periods  beginning  after  December  15,  2009  except for the disclosures about
purchases,  sales, issuances and settlements which is effective for fiscal years
beginning  after  December  15, 2010 and for interim periods within those fiscal
years. The Company adopted ASU 2010-06 on January 1, 2010, which had no material
impact on the financial statements.

Other  recent accounting pronouncements issued by the FASB (including its EITF),
the  AICPA,  and  the  SEC  did  not or are not believed by management to have a
material impact on the Company's present or future financial statements.







































                                       21
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<PAGE>
ITEM 8.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

                      AMERICAN FIBER GREEN PRODUCTS, INC.

                       Consolidated Financial Statements

                 For The Years Ended December 31, 2009 and 2008
            Reports of Independent Registered Public Accounting Firm


                                                   Contents


Report of Independent Registered Public Accounting Firm

Financial Statements:

Consolidated Condensed Balance Sheets
Consolidated Statements of Operations
Consolidated   Statement   of  Changes  in  Stockholders'  Deficit  Consolidated
Condensed  Statements  of  Cash  Flows  Notes  to Audited Consolidated Financial
Statements



















































                                       22
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<PAGE>
            REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Shareholders: American Fiber Green Products, Inc.

I  have  audited the balance sheets of American Fiber Green Products, Inc.
as  of  December 31, 2009 and 2008, the related statements of operation, changes
in  stockholders'  deficit,  and  cash  flows  for  the  years then ended. These
financial  statements  are  the  responsibility  of the Company's management. My
responsibility  was to express an opinion on these financial statements based on
my audit.

I  conducted  my  audit  in  accordance  with  the standards of the Public
Company Accounting Oversight Board (United States). Those standards require that
I  plan  and perform the audits to obtain reasonable assurance about whether the
financial  statements  were  free  of material misstatement. The Company was not
required to have, nor was I engaged to perform, an audit of its internal control
over  financial  reporting.  My audit included consideration of internal control
over  financial  reporting  as  a basis for designing audit procedures that were
appropriate  in  the  circumstances,  but  not  for the purpose of expressing an
opinion  on  the  effectiveness of the Company's internal control over financial
reporting.  Accordingly, I express no such opinion. An audit includes examining,
on  a  test  basis,  evidence  supporting  the  amounts  and  disclosures in the
financial  statements,  assessing the accounting principles used and significant
estimates  made  by  management,  as  well  as  evaluating the overall financial
statement  presentation.  I believe that my audit provide a reasonable basis for
my opinion.

In  my  opinion, the financial statements, referred to above, present fairly, in
all  material respects, the financial position of American Fiber Green Products,
Inc. as of December 31, 2009 and 2008, and the results of its operations and its
cash  flows  for  the years then ended, in conformity with accounting principles
generally accepted in the United States of America.

The  accompanying  consolidated financial statements have been prepared assuming
that  the  Company  will  continue  as  a  going  concern.  As  reflected in the
accompanying  financial statements, the Company is without significant operating
revenues   and  has  suffered  recurring  losses  from  operations  and  has  an
accumulated  deficit.  As  discussed  in  note  2,  the  current  losses and the
Company's  working  capital  shortage  indicated that there is substantial doubt
about  its  ability to continue as a going concern. Management's plans in regard
to  these matters are described in note 2. The consolidated financial statements
do  not  include  any  adjustments  that  might  result from the outcome of this
uncertainty.



Peter Messineo, CPA
Palm Harbor, Florida
August 19, 2010

























                                       23
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<PAGE>


                      AMERICAN FIBER GREEN PRODUCTS, INC.

                     CONSOLIDATED CONDENSED BALANCE SHEETS
<TABLE>
<S>                                                                                <C>            <C>


                                                                                   DECEMBER 31,  DECEMBER 31,
                                                                                     2009          2008
                                                                                   ------------   -------------

ASSETS
Current assets:
Cash                                                                               $       100    $         25
Interest receivable, related parties                                                    48,313          35,926

                                                                                   -------------- ---------------
Total current assets                                                                    48,413          35,951

                                                                                   -------------- ---------------
Notes receivable, net                                                                   98,405          98,405
Furniture and equipment, net of accumulated depreciation of $27,500 (2009) and

$22,500 (2008)                                                                          22,500          27,500

                                                                                   -------------- ---------------
                                                                                   $   169,318         161,856
                                                                                   ============== ===============

LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
Accounts payable, including related party payables of $134,131 (2009) and
$115,766 (2008)                                                                    $   265,624    $    350,308
Accrued expenses                                                                         4,932          4,450
Subscription payable                                                                    10,000          10,000
                                                                                   ------------   -------------
Total current liabilities                                                              280,556         364,758

Notes payable                                                                          293,035         298,035
Deferred wages                                                                         745,697         682,697
Accrued interest                                                                       658,265         579,723
Other payables - related parties                                                       344,209         224,192
                                                                                   -------------- ---------------
Total liabilities                                                                    2,321,762       2,149,405

Stockholders' deficit:
Preferred stock; $0.001 par value; 5,000,000 shares authorized; 0 shares issued
and outstanding
Common stock; $0.001 par value; 350,000,000 shares authorized; 11,385,735 (2009)
and 11,385,735 (2008) shares issued and outstanding                                     11,386          11,386
Additional paid in capital                                                           2,423,383       2,423,383
Accumulated deficit                                                                 (4,587,213 )    (4,422,318 )
                                                                                   ------------   -------------
Total stockholders' deficit                                                         (2,152,444 )    (1,987,549 )

                                                                                   $   169,318    $    161,856
                                                                                   ============== ===============
</TABLE>



The accompanying notes are an integral part of the financial
statements.










                                       24
================================================================================

<PAGE>

                      AMERICAN FIBER GREEN PRODUCTS, INC.

                     CONSOLIDATED STATEMENTS OF OPERATIONS

                 FOR THE YEARS ENDED DECEMBER 31, 2009 AND 2008
<TABLE>
<S>                                                                       <C>                   <C>


                                                                           DECEMBER 31,         DECEMBER 31,
                                                                               2009                 2008
                                                                          ----------------     ---------------

Other Expenses (Income):
Marketing, general and administrative expenses                            $        88,870      $       87,411
Interest expense                                                                   88,412              87,507
Interest income                                                                   (12,387 )           (13,258 )
                                                                          ------------------   -----------------

Net loss                                                                  $      (164,895 )    $     (161,660 )


Net loss per share:
    Basic                                                                 $          (.01 )    $         (.02 )
    Diluted                                                               $          (.00 )    $         (.00 )

Weighted average number of common shares:
    Basic                                                                      11,385,735          10,622,152
    Diluted                                                                    26,950,735          25,415,152
                                                                          ----------------     ---------------
</TABLE>



The accompanying notes are an integral part of the financial
statements.






































                                       25
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<PAGE>

                      AMERICAN FIBER GREEN PRODUCTS, INC.

          CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT

                 FOR THE YEARS ENDED DECEMBER 31, 2009 AND 2008
<TABLE>
<S>                                     <C>          <C>            <C>             <C>            <C>


                                         COMMON       COMMON        DDITIONAL
                                          STOCK        STOCK         PAID IN       ACCUMULATED
                                         SHARES       AMOUNT       A CAPITAL         DEFICIT         TOTAL
                                       ------------ ------------   ------------    ------------   ------------
Balance, December 31, 2007               9,249,628  $     9,250    $ 2,318,510     $(4,260,658 )  $(1,932,898 )

Issuance of common stock for debt        2,120,188        2,120        104,889                        107,009
Transfer agent share balance
   adjustment                               15,919           16           (16)

Net loss                                                                              (161,660 )     (161,660 )
                                       ------------ -------------- --------------  -------------- --------------
Balance, December 31, 2008              11,385,735  $    11,386    $ 2,423,383     $(4,422,318 )  $(1,987,549 )

Net loss                                                                              (164,895 )     (164,895 )
                                       ------------ -------------- --------------  -------------- --------------
 Balance, December 31, 2009             11,385,735       11,386      2,423,383      (4,587,213 )   (2,152,444 )

                                       ============ ============== ==============  ============== ==============

</TABLE>



The accompanying notes are an integral part of the financial
statements.







































                                       26
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<PAGE>


                      AMERICAN FIBER GREEN PRODUCTS, INC.

                CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS

                 FOR THE YEARS ENDED DECEMBER 31, 2009 AND 2008

<TABLE>
<S>                                                                            <C>               <C>

                                                                               DECEMBER 31,      DECEMBER 31,
                                                                                   2009              2008
                                                                               -------------     -------------

OPERATING ACTIVITIES
Net loss                                                                       $   (164,895 )    $   (161,660 )

Adjustments to reconcile net loss to net cash used by operating activities:


Depreciation                                                                          5,000             5,000

(Increase) decrease in:

Interest receivable                                                                 (12,387 )         (11,583 )

Increase (decrease) in:

Accrued expenses                                                                        482             4,450

Accounts payable                                                                    (84,684 )           2,520

Deferred compensation                                                                63,000            74,300
                                                                               ----------------  ---------------
Net cash used by operating activities                                              (193,484 )         (86,973 )

                                                                               ----------------  ---------------
INVESTING ACTIVITIES


Net cash provided (used) by investing activities
                                                                               ----------------  ---------------
FINANCING ACTIVITIES


Issuance of common stock                                                                              107,009

Proceeds from issuance (settlement) of notes payable                                 (5,000 )         (36,000 )

Increase in interest payable to shareholders                                         78,542            13,267

Proceeds from issuance of other long term liabilities                               120,017             2,650
                                                                               ----------------  ---------------
Net cash provided by financing activities                                           193,559            86,926

                                                                               ----------------  ---------------
NET INCREASE (DECREASE) IN CASH                                                          75               (47 )


CASH AT BEGINNING OF YEAR                                                                25                72
                                                                               ----------------  ---------------
CASH AT END OF YEAR                                                            $        100      $         25


                                                                                 ----------------  ---------------

</TABLE>



The accompanying notes are an integral part of the financial
statements.

                                       27
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<PAGE>



                      AMERICAN FIBER GREEN PRODUCTS, INC.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                 FOR THE YEARS ENDED DECEMBER 31, 2009 AND 2008

NOTE 1 - ORGANIZATION AND BUSINESS

American  Fiber  Green  Products,  Inc.  came  into existence as a result of the
following transactions:

In March of 1993, William Amour founded Amour Hydro Press, Inc. (AHP) to conduct
research  and  development  to  commercialize  proprietary technology that would
allow  the  company to process waste fiberglass and resins into new commercially
viable products.

In  January  of  1996  the  Board of Directors authorized the merger of AHP with
Amour  Fiber  Core,  Inc.  a  Washington corporation. Each common share of Amour
Hydro  Press, Inc. was exchanged for 280 common shares of Amour Fiber Core, Inc.
The  authorized  shares  of  Amour  Fiber  Core, Inc. were 5,000,000 shares. The
company  operated  under  this  configuration  until June 1998 when the Board of
Directors approved a three for one forward split (3:1) increasing the authorized
from  5,000,000  to  15,000,000  common  shares.  Amendments  to the Articles of
Incorporation  were  filed  with  the State of Washington. Although approved and
recorded  the  3:1  forward  split was not reported to the transfer agent of the
company.  The  resulting change in common stock was from 3,675,996 to 11,027,988
common shares issued and outstanding.

Within  months of these actions, William Amour, founder and driving force behind
the  business  was diagnosed with cancer and died in 1999. Attempts by the board
to  continue  the  operation of Amour Fiber Core, Inc. resulted in substantially
more  debt  and ultimately the cessation of operations. The value of the company
was  in  the  exclusive  rights  to  the  proprietary technology, as well as the
resources developed to source raw material and vendors and the ability to create
viable  products  from  waste material. There were 884 shareholders of record at
the  time  of William Amour's passing and they remained committed to the success
of  the  Company.  The  Company  ceased  operations  in  January  2000, however,
management continued to search for investors to be able to restart production.

On  September  15,  2001,  after  several months of discussion and negotiations,
Kenneth   McCleave  incorporated  American  Leisure  Products,  Inc.  a  Florida
corporation,  of  which  he  was  the sole shareholder of the 100,000 issued and
outstanding  shares  for  the  purpose of merger with Amour Fiber Core, Inc. The
terms  and  conditions  of  said  merger  included  Mr. McCleave's assistance in
resolution  of  a  number  of  problems  restricting  Amour. Litigation with the
landlord  and  disgruntled  note  holders threatened the collapse of the company
unless   amicable  resolution  was  achieved.  The  terms  of  the  merger  were
established and the concerns were resolved over the subsequent 24 months.

In  May  of  2004,  following  appropriate shareholder consent and board action,
Amour   Fiber  Core,  Inc.  (Washington)  merged  with  a  newly  formed  Nevada
corporation  of  the  same  name and with the same issued and outstanding shares
(11,027,988).  Amour Fiber Core, Inc. (Nevada) has authorized 350,000,000 common
and 5,000,000 preferred shares.

On  May 24, 2004, Amour Fiber Core, Inc. (Nevada) then entered into an Agreement
and  Plan  of Merger with American Leisure Products, Inc., a Florida corporation
with  a  total  issued  and  outstanding of 100,000 common shares. A 1:6 reverse
split  of the Amour Fiber Core, Inc. shares held by the AFC shareholders reduced
the  issued  and  outstanding  common  shares of AFC (Nevada) from 11,027,988 to
1,837,998. The merger called for each share of ALP to convert to 73.52 shares of
Amour  Fiber Core, Inc. (Nevada). The sole shareholder of ALP received 7,352,000
shares of Amour Fiber Core, Inc. (Nevada) in the merger (i.e. a conversion ratio
of  73.52:1).  Following  this  transaction, Amour Fiber Core, Inc. (Nevada) had
9,189,998 shares outstanding.

Following this merger and in keeping with the Shareholder Consent and subsequent
board  action,  the  name  of  Amour  Fiber  Core,  Inc. (Nevada) was changed to
American  Fiber  Green Products, Inc. American Leisure Products, Inc. (a Florida

                                       28
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<PAGE>
corporation)  became a wholly owned subsidiary of American Fiber Green Products,
Inc.  The assets and opportunities of American Fiber Green Products, Inc. (f/k/a
Amour  Nevada  and  Amour  Washington) were moved to a newly formed, Amour Fiber
Core, Inc., ( a Florida Corporation) as a wholly owned subsidiary. The resulting
structure  is  American  Fiber Green Products, Inc. (Nevada) holding 100% of the
stock  of  American  Leisure Products, Inc. (Florida) and Amour Fiber Core, Inc.
(Florida)


































































                                       29
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<PAGE>
NOTE 2 - GOING CONCERN

The  accompanying  consolidated financial statements have been prepared assuming
the  Company will continue as a going concern. The Company's continued existence
is  dependent upon the Company's ability to obtain additional debt and/or equity
financing.  The  Company has incurred losses since inception and, the Company is
not  generated  any  revenues from its products. These factors raise substantial
doubt  about  the  ability  of  the  Company to continue as a going concern. The
Company  anticipates  beginning  construction of a pilot plant within the next 6
months  and  expects to complete the project and to begin production of scrapped
fiberglass reclamation as a raw material within the next 18 months. Although the
cost of construction is not readily determinable, the Company estimates the cost
to be approximately $250,000 for the pilot plant and as much as $1.6M for a full
function  plant.  Management plans to raise additional funds through the sale of
sub-licensing  agreements,  project  financings or through future sales of their
common  stock,  until such time as the Company's revenues are sufficient to meet
its  cost  structure,  and ultimately achieve profitable operations. There is no
assurance  that  the Company will be successful in raising additional capital or
achieving  profitable  operations.  The consolidated financial statements do not
include   any   adjustments   that  might  result  from  the  outcome  of  these
uncertainties.

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The  accompanying  consolidated financial statements include the activity of the
Company  and  its wholly owned subsidiaries. All inter-company transactions have
been eliminated in consolidation.

The   preparation  of  consolidated  financial  statements  in  conformity  with
accounting  principles  generally  accepted  in  the  United  States  of America
requires  management  to make estimates and assumptions that affect the reported
amounts  of  assets  and  liabilities  and  disclosure  of contingent assets and
liabilities  at  the  date  of  the  consolidated  financial statements, and the
reported  amounts  of  revenues and expenses during the reported periods. Actual
results could materially differ from those estimates.

For  purpose  of  the  statement of cash flows, the Company considers all highly
liquid  debt instruments purchased with a maturity of three months or less to be
cash equivalents.

Inventory  is valued at the lower of cost or market. Inventory will be evaluated
periodically  for  excess  amounts  on  hand  and  obsolescence.  If  necessary,
appropriate reserves will be established.

Property  and  equipment  are  stated  at  cost  and  are depreciated over their
estimated useful lives. Depreciation is currently recorded as Marketing, General
and  Administrative  expense.  At such time as assets are transferred to revenue
generating production, their associated depreciation will be recorded as Cost of
Sales.

Property  and equipment consist of mold tooling with estimated useful lives of 3
- 10 years.

The Company recognizes revenues from 1) tipping fees in the acquisition of scrap
fiberglass,  2)  sale  of  products  produced with reclaimed fiberglass, 3) fees
charged  for  licensing  and  installation  of  the  proprietary reclamation and
manufacturing   processes,  4)  royalties  charged  to  licensees  for  revenues
generated by using our licensed processes, 5) sales of other fiberglass products
(reproduction  cars,  boats). Revenue is recorded when products and services are
provided to the customer.

Project  development  costs are expensed as incurred. The cost of equipment that
will  be  acquired  or  constructed for project development activities, and that
have  alternative  future uses, both in project development, marketing or sales,
will  be  classified  as  property  and  equipment  and  depreciated  over their
estimated   useful  lives.  To  date,  project  development  costs  include  the
development,  engineering,  and  marketing  expenses  related  to  the Company's
fiberglass reclamation process and associated product development.

Income  taxes  are  provided for the tax effects of transactions reported in the
financial  statements  and  consist  of  taxes currently due plus deferred taxes
resulting  from  temporary  differences.  Such temporary differences result from
differences  in  the  carrying  value  of  assets  and  liabilities  for tax and
financial  reporting purposes. The deferred tax assets and liabilities represent

                                       30
================================================================================


<PAGE>
the  future  tax consequences of those differences, which will either be taxable
or  deductible  when  the  assets  and  liabilities  are  recovered  or settled.
Valuation  allowances  are  established  when  necessary  to reduce deferred tax
assets to the amount expected to be realized.

The  Company  adopted  the  provisions of FASB ASC 740-10 "Uncertainty in Income
Taxes"  (ASC  740-10),  on  January  1,  2007.  The Company has not recognized a
liability  as  a result of the implementation of ASC 740-10. A reconciliation of
the  beginning  and  ending  amount  of  unrecognized  tax benefits has not been
provided  since there is no unrecognized benefit since the date of adoption. The
Company  has  not  recognized  interest  expense or penalties as a result of the
implementation  of  ASC  740-10.  If there were an unrecognized tax benefit, the
Company would recognize interest accrued related to unrecognized tax benefits in
interest expense and penalties in operating expenses.




























































                                       31
================================================================================


<PAGE>
The  fair  value  of financial instruments approximated their carrying values at
December   31,  2009.  The  financial  instruments  consist  of  cash,  interest
receivable, notes receivable, accounts payable and notes payable.

The Company presents basic loss per share ("EPS") and diluted EPS on the face of
the  consolidated  statement  of operations. Basic loss per share is computed as
net loss divided by the weighted average number of common shares outstanding for
the  period.  Diluted  EPS reflects the potential dilution that could occur from
common  shares  issuable  through stock options, warrants, and other convertible
securities. As of December 31, 2009, there existed notes payable with conversion
features  (see  Notes  Payable  footnote)  which had dilutive effect. Restricted
shares  are  considered  outstanding and included in the computation of both the
basic  and  fully  diluted earnings per share computations. Common stock that is
restricted  until  certain conditions have been met are only included in the per
share  computation  once  the condition has been satisfied. At December 31, 2009
and 2008, there were no restricted shares that were considered restricted.

The  Company's  operations  are  subject  to  production  of  a  new  processing
technology.  Significant  technical  and  regulatory changes can have a dramatic
effect  on  product  opportunities.  Design and development of new processes are
critical  elements  to  achieve  and maintain profitability in the Company's new
industry segment.

The  Company  may  be subject to federal, state and local environmental laws and
regulations.  The  Company  does not anticipate expenditures to comply with such
laws  and  does  not believe that regulations will have a material impact on the
Company's  financial  position, results of operations, or liquidity. The Company
believes  that  its operations comply, in all material respects, with applicable
federal, state, and local environmental laws and regulations

In October 2009, the FASB issued Accounting Standard Update ("ASU") No. 2009-13,
Multiple-Deliverable  Revenue  Arrangements  ("ASU  2009-13")  and  No. 2009-14,
Certain  Revenue  Arrangements  that  include Software Elements ("ASU 2009-14").
These  standards  update  FASB ASC 605, Revenue Recognition ("ASC 605") and FASB
ASC  985,  Software  ("ASC 985"). The amendments to ASC 605 requires entities to
allocate  revenue  in  an  arrangement  using  estimated  selling  prices of the
delivered  goods and services based on a selling price hierarchy. The amendments
to  ASC 985 remove tangible products from the scope of software revenue guidance
and  provide  guidance  on  determining  whether  software  deliverables  in  an
arrangement  that  includes  a  tangible product are covered by the scope of the
software  revenue  guidance.  These  amendments to ASC 605 and ASC 985 should be
applied  on  a  prospective  basis  for  revenue  arrangements  entered  into or
materially  modified  in  fiscal years beginning on or after June 15, 2010, with
early  adoption  permitted.  The  Company adopted these amendments on January 1,
2010. Management does not believe that the adoption of this standard will have a
material impact on the Company's financial statements.

In  January  2010,  the FASB issued ASU No. 2010-06, Fair Value Measurements and
Disclosures  ("ASU  2010-06").  This  standard  updates FASB ASC 820, Fair Value
Measurements ("ASC 820"). ASU 2010-06 requires additional disclosures about fair
value measurements including transfers in and out of Levels 1 and 2 and separate
disclosures about purchases, sales, issuances, and settlements relating to Level
3  measurements.  It  also  clarifies  existing fair value disclosures about the
level  of  disaggregation  and  about  inputs  and  valuation techniques used to
measure  fair  value. The standard is effective for interim and annual reporting
periods  beginning  after  December  15,  2009  except for the disclosures about
purchases,  sales, issuances and settlements which is effective for fiscal years
beginning  after  December  15, 2010 and for interim periods within those fiscal
years. The Company adopted ASU 2010-06 on January 1, 2010, which had no material
impact on the financial statements.

Other  recent accounting pronouncements issued by the FASB (including its EITF),
the  AICPA,  and  the  SEC  did  not or are not believed by management to have a
material impact on the Company's present or future financial statements.










                                       32
================================================================================


<PAGE>

NOTE 4 - NOTES RECEIVABLE

The  Company  has  made  loans  to several companies, both owned by officers and
stockholders of the Company and to unrelated parties. The purpose of these loans
was  to  invest  in  other  fiberglass  manufacturing  businesses  in  order  to
facilitate  the  development  and production of fiberglass products. The Company
expects repayment of these amounts to occur during the next 12 months.


Notes receivable are made up of the following:
<TABLE>
<S>                                                                                                     <C>


Note receivable, related party, 10% interest, due May 12, 2004 (past maturity)                     $    6,000
Note receivable, related party, 10% interest, due April 30, 2005 (past maturity)                       52,452
Note receivable, related party, 10% interest, due April 22, 2005 (past maturity)                       20,253
Note receivable, related party, 8% interest,  due April 20, 2008 (past maturity)                       14,700
Note receivable, unrelated party, 8% interest, due August 8, 2008 (past maturity)                       5,000

                                                                                                   $   98,405
</TABLE>

The above related party transactions are not necessarily indicative of the terms
and  amounts  that  would have been incurred had comparable agreements been made
with independent parties.

NOTE 5 - COMMITMENTS AND CONTINGENCIES

The  Company  entered  into  an  employment  agreement  with a key employee. The
employment  agreement is for a period of three years, with prescribed percentage
increases  beginning  in  2007.  Increases  for  2007 and 2008 were waived. A 5%
increase  was  effective  1/1/09  for  a  total annual rate under the employment
agreement  of  $63,000.  The  employment  contract  will be renewed in 2010. The
Company  expects all terms and conditions to remain consistent with the previous
contract.

The  Company  anticipates  that it will enter into employment contracts with two
other  key  employees in 2010 under similar terms and conditions. Specifics will
be  determined  by  the  Compensation  Committee  and  approved  by the Board of
Directors.

NOTE 6 - STOCKHOLDERS' EQUITY

Founder Shares

In  May  2004,  the  Board  of  Amour  Fiber  Core Inc. a Washington corporation
approved  to  reincorporate  it  in  Nevada  and  reduce  the  number  of shares
outstanding.  It  merged  into  a newly organized Nevada corporation (also named
"Amour Fiber Core, Inc."), and each share of Amour Fiber Core, Inc. (Washington)
was  converted  into  1/6  of  a  share of Amour Fiber Core, Inc. (Nevada). As a
result,  the  surviving corporation, Amour Fiber Core, Inc. (Nevada) has a total
of  (1,837,998)  shares  outstanding.  Amour  Fiber  Core  Inc. (Nevada) has 350
million  shares of Common Stock authorized and 5 million shares of "blank check"
preferred authorized.

On  May 24, 2004, Amour Fiber Core, Inc. (Nevada) then entered into an Agreement
and  Plan  of Merger with American Leisure Products, Inc., a Florida corporation
with  a  total  issued and outstanding of 100,000 common shares. The 1:6 reverse
split  of the Amour Fiber Core, Inc. shares held by the AFC shareholders reduced
the  issued  and  outstanding  common  shares of AFC (Nevada) from 11,027,988 to
1,837,998. The merger called for each share of ALP to convert to 73.52 shares of
Amour  Fiber Core, Inc. (Nevada). The sole shareholder of ALP received 7,352,000
shares  of Amour Fiber Core, Inc. (Nevada) in this reverse merger. Following the
transaction,  Amour  Fiber Core, Inc. (Nevada) had 9,189,998 shares outstanding.
The  assets  of  ALP  (Tooling)  were  added  to the assets of AFC in a purchase
transaction with a corresponding capital contribution amount of $50,000 recorded
as Additional Paid-In Capital.






                                       33
================================================================================

<PAGE>
At the time of this reverse merger, in accordance with SFAS 141 (pilcrow)17, the
smaller  combining  entity  (ALP),  a)  holds  a  majority of the voting rights,
(80.0%)  of  the  combined  company  (AFC)  common  shares  outstanding;  and b)
comprises the senior management of the combined company.

Merger Costs

In  connection  with  the  merger  of  Amour  and American Leisure Products, the
Company   incurred   legal   costs   of  $30,818.  The  costs  were  treated  as
administrative expense in the period incurred.


































































                                       34
================================================================================

<PAGE>

NOTE 7 - RELATED PARTY TRANSACTIONS

The  Company  is  currently operating in a facility leased and operated by Tampa
Fiberglass  Inc.  (TFI).  TFI  is  owned  by  Ken McCleave, Chairman of AFGP. No
occupancy cost has been charged to AFGP by TFI as of December 31, 2009. There is
no  assurance  that this favorable treatment will continue in the future if AFGP
begins to facilitate operations at that site.

Accounts  payable includes related party payables of $134,131 and $115,766 as of
December 31, 2009 and 2008, respectively.

The above related party transactions are not necessarily indicative of the terms
and  amounts  that  would have been incurred had comparable agreements been made
with independent parties.

NOTE 8 - DEFERRED WAGES

The  Company  has  accrued  salaries  owed  to  four  individuals.  Three of the
individuals'  employment  contracts  are  expired.  All  balances  due are fixed
without  any  interest  or other escalating cost. The Company does not expect to
make  any  payments  on  these deferred wages during the next twelve months, and
therefore the balances are classified as non-current.


Accrued Salaries as of December 31, 2009:

        Barb Amour                                         $ 110,575
        Les Amour                                          $  49,500
        Kristal McCleave                                   $  99,967
        Kenneth McCleave                                   $ 485,655











































                                       35
================================================================================

<PAGE>
Salary  has  been  accrued  for  Ken  McCleave, Chairman of AFBG. Mr. McCleave's
salary  continues  to accrue at a rate of $5,250 per month. The Company does not
expect  to  make  any  payments  on  these deferred wages during the next twelve
months, and therefore the balances are classified as non-current.

NOTE 9 - NOTES PAYABLE

The Company carries notes payable to the following individuals:
<TABLE>
<S>                                                                               <C>                 <C>



                                                                                      2009            2008
                                                                                  -------------   -------------
Robert Chlipala                                                                   $    133,000    $    133,000
Gerald Rau                                                                        $    101,500    $    101,500
Les Smyth                                                                         $     50,000    $     50,000
Ken McCleave                                                                      $      1,535    $      1,535

</TABLE>



<TABLE>
<S>                                                 <C>                    <C>             <C>



                 NOTE PAYABLE TO:                     NOTE AMOUNT:        NOTE DATE:       INTEREST RATE:
--------------------------------------------------- ----------------- -------------------  ----------------
Rau                                                 $        101,500            4/1/2000              8.75 %


Smyth                                               $         30,000           9/15/1998             14.00 %

Smyth                                               $         10,000            6/8/1999             14.00 %

Smyth                                               $         10,000           6/14/1999             14.00 %

Chlipala                                            $        100,000            6/4/1998             10.50 %

Chlipala                                            $         18,000           7/10/1999             10.50 %

Chlipala                                            $         15,000          12/11/1999              0.00 %

McCleave                                            $          1,535            4/8/2005             10.00 %

</TABLE>



During  2008,  four notes plus accrued interest were converted to stock at $0.05
per  share  according to note holder agreements. The Company has also negotiated
with  note holders and assigns to have interest after March 31, 2008 forgiven on
four additional notes.

Interest accrued on the above notes per individual is as follows:
<TABLE>
<S>                                                                          <C>               <C>



                                                                             DECEMBER 31,2009  DECEMBER 31,2008
                                                                             ---------------   ---------------
Rau                                                                          $       91,336    $       91,336
Smyth                                                                        $      131,320    $      131,320
Chlipala                                                                     $      271,077    $      232,456
McCleave                                                                     $        2,106    $        1,770

</TABLE>




                                    36
================================================================================
<PAGE>


In  a 2004 the Company agreed to convert loans, including accrued interest, into
shares  of  common  stock  at  a rate of $.05, the then fair market value of the
shares. The total original amount of the loans is $284,500 plus accrued interest
at a weighted average rate of 13.6% is $493,733 and $455,111 for the years ended
December 31, 2009 and 2008, respectively. The total common shares, if converted,
would  be  approximately15,565,000  and  14,793,000  as of December 31, 2009 and
2008, respectively.

NOTE 10 - OTHER LONG-TERM PAYABLES, RELATED PARTIES

Long-term  payables  are due to PAC (Public Acquisition Company - a wholly owned
business  of  Kenneth  McCleave),  Nimble Boat Works (a wholly owned business of
Kenneth  McCleave),  and Daniel L. Hefner (President and Chief Executive Officer
of AFGP) for cash advances made to AFGP.
<TABLE>
<S>                                                                                <C>            <C>



                                                                                       2009           2008
                                                                                   -------------  -------------
Due to PAC                                                                         $    341,685   $    221,148
Due to Nimble Boat Works                                                           $      1,574   $      2,094
Due to Dan Hefner                                                                  $        950   $        950
</TABLE>



























































                                       37
================================================================================
<PAGE>

Company  loans  payable  to  PAC in the amount of $314,670, included above, bear
interest  as follows. This portion of the loans is associated primarily with the
acquisition of Amour Fiber Core.

<TABLE>
<S>                                                 <C>                <C>                  <C>



                 NOTE PAYABLE TO:                     NOTE AMOUNT:        NOTE DATE:       INTEREST RATE:
--------------------------------------------------- ----------------- -------------------  ----------------
Loan From PAC                                       $         74,518        May 14, 2004             10.00 %


Loan From PAC                                       $         49,550       July 29, 2004             10.00 %

Loan From PAC                                       $         20,300     August 20, 2004             10.00 %

Loan From PAC                                       $         60,610   December 28, 2004             10.00 %

Loan From PAC                                       $          9,692    November 6, 2003             10.00 %

Loan From PAC                                       $        100,000     October 3, 2009              8.00 %
</TABLE>


In  June,  2005,  by  unanimous  approval  of the Board of Directors, these were
recognized  as  payable  and  due with interest to be calculated on a compounded
basis.  The  full  accumulation  of  interest  payable  was  recorded as accrued
interest  expense  in June 2005. Interest expense has been accrued monthly since
that date.

Interest  accrued  on  the  above loans is $153,816 and $117,964 at December 31,
2009 and 2008, respectively.

NOTE 11 - INCOME TAXES

The  Company  has incurred significant operating losses since its inception and,
therefore,  no tax liabilities have been incurred for the periods presented. The
amount of unused tax losses available to carry forward and apply against taxable
income in future years totaled approximately $2,824,140 at December 31, 2009 and
$2,800,787  at  December  31,  2008. The loss carry forwards expire beginning in
2013,  20  years  after  inception.  Due  to  the  Company's  continued  losses,
management has established a valuation allowance equal to the amount of deferred
tax  asset  because it is more likely than not that the Company will not realize
this benefit.

In  addition, the Company expects that Amour is not current in their federal and
state  income tax filings. The Company has not determined how delinquent the tax
filings are. However, the effect of non-filing is not expected to be significant
as  Amour  has  not  had active operations or income for a significant period of
time.

Temporary differences affecting the deferred tax asset are as follows:
<TABLE>
<S>                                                                           <C>                <C>



                                                                                  2009              2008
                                                                              --------------    --------------
Accumulated deficit                                                           $   4,587,213     $   4,422,318
Difference between tax and book for accrued interest and deferred wages
                                                                                 (1,403,962 )    (  1,262,420 )

Other                                                                              (359,111 )        (359,111 )
                                                                              ----------------  ----------------

                                                                                  2,824,140         2,800,787
Valuation allowance                                                              (2,824,140 )      (2,800,787 )
                                                                              ----------------  ----------------
                                                                              $           0     $           0
                                                                              ================  ================
</TABLE>

The  valuation allowance increased by $23,353 during the year ended December 31,
2009 and $74,093 during the year ended December 31, 2008.
<PAGE>
ITEM 9
CHANGES  IN  AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON  ACCOUNTING AND FINANCIAL
DISLCOSURE

On  February  8,  2010,  the  Company dismissed our independent registered
auditor,  Robert T. Taylor of Bothell Washington, based on their notification to
us  of  partner  service limitation. On the same day, we engaged Peter Messineo,
CPA of Palm Harbor Florida, as our new independent registered auditor.

ITEM 9T
DISCLOSURE CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under  the  supervision  and with the participation of our management, including
our  Chief  Executive Officer and our Chief Financial Officer, we carried out an
evaluation  of  the  effectiveness of the design and operation of our disclosure
controls  and  procedures  as defined in Rules 13a-15(e) and 15d-15(e) under the
Exchange  Act.  Management  conducted  its  evaluation based on the framework in
Internal  Control  -  Integrated Framework issued by the Committee on Sponsoring
Organizations  of  the Treadway Commission (COSO). Based on that evaluation, our
Chief  Executive Officer and our Chief Financial Officer have concluded that, at
December 31, 2009, such disclosure controls and procedures were effective.

Disclosure  controls  and  procedures are controls and other procedures that are
designed  to  ensure  that  information  required to be disclosed in our reports
filed or submitted under the Exchange Act is recorded, processed, summarized and
reported  within  the  time  periods  specified  in  the  SEC's rules and forms.
Disclosure  controls  and  procedures  include, without limitation, controls and
procedures  designed  to ensure that information required to be disclosed in our
reports   filed   or  submitted  under  the  Exchange  Act  is  accumulated  and
communicated  to  management,  including  our  Chief Executive Officer and Chief
Financial  Officer,  or persons performing similar functions, as appropriate, to
allow timely decisions regarding required disclosure.

MANAGEMENT'S ANNUAL REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

The  Company's  management  is  responsible  for  establishing  and  maintaining
adequate  internal control over financial reporting (as defined in Rue 13a-15(f)
under the Exchange Act). Internal control over financial reporting is a process,
including  policies  and  procedures,  designed  to provide reasonable assurance
regarding  the  reliability  of  financial  reporting  and  the  preparation  of
financial  statements  for  external  reporting purposes in accordance with U.S.
generally  accepted  accounting principles. Our management assessed our internal
control  over  financial  reporting  based  on the Internal Control - Integrated
Framework  issued  by  the  COSO.  Based  on the results of this assessment, our
management  concluded  that  our  internal  control over financial reporting was
effective as of December 31, 2009 based on such criteria.

LIMITATIONS ON THE EFFECTIVENESS OF CONTROLS

Our  disclosure  controls and procedures are designed to provide reasonable, not
absolute,  assurance  that  the  objectives of our disclosure control system are
met.  Because  of  inherent limitations in all control systems, no evaluation of
controls  can provide absolute assurance that all control issues, if any, within
a  company  have  been  detected. Based on their evaluation as of the end of the
period covered by this report, management concluded that our disclosure controls
and  procedures were sufficiently effective to provide reasonable assurance that
the objectives of our disclosure control system were met.

CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING

There  were  no  changes  in  our internal control over financial reporting that
occurred  during  the  fourth  fiscal  quarter ended December 31, 2009 that have
materially affected, or are reasonably likely to materially affect, our internal
control over financial reporting.

AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

This  Annual  Report  does  not  include  an attestation report of the Company's
independent  registered  public  accounting firm regarding internal control over
financial  reporting.  Management's report was not subject to attestation by the
Company's  registered  public accounting firm pursuant to temporary rules of the
Securities  and  Exchange  Commission  that  permit  the Company to provide only
management's report in this Annual Report. ITEM 9B.


                                       30
<PAGE>
OTHER INFORMATION

None


                                    PART III

ITEM 10.
DIRECTORS AND EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

The  following  table sets forth the names and ages of our current directors and
executive officers, their principal offices and positions The Board of Directors
elects  our  executive  officers annually. Our directors serve one-year terms or
until  their  successors  are  elected and accept their positions. The executive
officers serve terms of one year or until their death, resignation or removal by
the  Board  of  Directors.  There  are no family relationships or understandings
between  any  of the directors and executive officers. In addition, there was no
arrangement  or understanding between any executive officer and any other person
pursuant to which any person was selected as an executive officer

<TABLE>
<S>                                             <C>             <C>

    NAME OF DIRECTOR OR EXECUTIVE OFFICER            AGE                CURRENT POSITION AND OFFICE
-----------------------------------------------  ------------ -------------------------------------------------
Daniel  L.  Hefner                                    59      President, Chief Executive Officer and Director
Kenneth W. McCleave                                   57      Chairman of the Board of Directors
Michael A. Freid                                      57      Chief Financial Officer
</TABLE>

Daniel  L.  Hefner,  59, has been President of American Commerce Solutions, Inc.
(OTC:  BB:  AACS)  since September, 2002 and Chief Executive Officer since March
2002.  He  previously  served as Executive Vice President from June 2000 to June
2001  and  as interim President from June 2001 through February 2002. Mr. Hefner
has  been  a director of the Company since June 2000. Mr. Hefner formerly served
as  President  of  International Machine and Welding, Inc. He formerly served as
President,  and  is  now serving as Vice President of International Commerce and
Finance,  Inc. an investment/consulting company for manufacturing and technology
companies,  and  he  has  held these positions since August 1999. Mr. Hefner has
been active for over twenty years as an independent consultant to individuals or
business  seeking  to  begin  operations  or  to  create turnarounds of existing
business.  Mr.  Hefner additionally maintains licensure as a Florida Real Estate
Broker.  During  the  same  period, Mr. Hefner also operated his own independent
real  estate  brokerage  operation  where he continues to serve as President and
Chief  Executive  Officer.  From  March  to  October  1999, Mr. Hefner was Chief
Operating  Officer  for  Chronicle  Communications,  Inc. (OTCBB: CRNC), a Tampa
based printer and publishing firm.

Kenneth W. McCleave is a 57 year old entrepreneur with a special knack for sales
and  marketing.  Starting  in  business  as  a  boiler-room,  telemarketing  top
salesman,  Mr. McCleave rose to owner, CEO and President of multi-million dollar
Sports  Holding,  Inc. selling and distributing motorcycle and water craft parts
and   boat  manufacturing  from  1987  through  1990  and  United  Printing  and
Publishing,  a web printing company from 1990 through 1998. In 1998 Mr. McCleave
orchestrated  the  sale of UPP to the publicly traded, Chronicle Communications,
Inc. and became the President of this OTC: Bulletin Board holding company. After
assuring proper transition to the new management, Mr. McCleave left to found his
latest  ventures,  Affordable  Fiberglass  Group  and American Leisure Products,
Inc.,  which  merged  with  Amour  Fiber  Core  Inc.  a  Washington  State based
fiberglass recycling company.

Throughout  his business career Mr. McCleave has been personally responsible for
the success of the sales and marketing of the products and services offered to a
wide  variety  of  customers.  Gifted  at setting up efficient manufacturing and
recycling  operations  Mr.  McCleave  has  a  penchant  for  maximizing  limited
resources.  He  has  demonstrated  a  tireless  drive to succeed and with proper
capitalization   will   move  this  latest  venture  into  high  visibility  and
profitability  with  a  service  and  group  of  products  that will delight the
concerned and investing public.

Michael  A. Freid, 57, graduated from Western Illinois University in 1974 with a
BBA  in  Accountancy. He earned his CPA certificate in 1978. The majority of Mr.
Freid's career has been with international manufacturing companies where he held
various positions in accounting, internal auditing, and operations management.



                                       31
<PAGE>
Michael  Freid  began  his career in 1974 with Bunker-Ramo Corporation, where he
held  accounting,  plant  controller  and internal audit positions through 1978.
From  1978  through  1996  he  advanced through various management and executive
positions  with Borg-Warner Corporation and Borg-Warner Automotive. He served as
a  Director  and  Group VP of Finance for three of Borg Warner Automotive's four
operating  groups. In this capacity, Mr. Freid was responsible for all financial
activities   and   operational   evaluation   of   domestic   and  international
manufacturing  facilities  and  technical  centers.  During 1994 - 1995, he also
served  as General Manager of a BWA joint venture transmission and transfer case
manufacturing  business  in  Beijing,  China.  As  a  Consultant,  he  evaluated
financial  systems  and controls from 1997 to 1998. From 1998 to 2003, Mr. Freid
was  with Key Safety Systems, an automotive components manufacturer of steering,
seatbelt  and  airbag  systems. At KSS, Mr. Freid served as Corporate Controller
and  was  responsible  for  all financial, operational and compliance reporting.
Primary  achievements  at  KSS  were  the  integration of various newly acquired
international  businesses,  negotiation and formation of a Chinese joint venture
in  Tianjin,  PRC,  implementation  of  an integrated global financial reporting
system and internal control development to ensure compliance with Sarbanes-Oxley
in concert with Internal Audit assessments.

Since  2004,  Mr.  Freid  has  pursued entrepreneurial goals, opening two Robeks
Juice locations in the Brandon, Florida area.

AUDIT COMMITTEE

The  Audit  Committee  consists  of  Michael  Freid,  Daniel  Hefner and Kenneth
McCleave.  The  Audit  Committee  selects  the independent auditors; reviews the
results  and  scope  of  the  audit and other services provided by the Company's
independent  auditors  and  reviews  and evaluate the Company's internal control
functions. The board of directors has determined that Michael Freid is the audit
committee  "financial  expert"; as such term is defined under federal securities
law.  However,  as an Officer of the Company, he is not considered "independent"
as   disclosed  in  Management's  Report  on  Internal  Control  Over  Financial
Reporting.  He  is  an  expert  by  virtue of: (i) education and experience as a
principal  financial  officer,  principal accounting officer, controller, public
accountant  or  auditor  or experience in one or more positions that involve the
performance  of  similar  functions;  (ii)  experience  actively  supervising  a
principal  financial  officer,  principal accounting officer, controller, public
accountant,  auditor  or  person  performing similar functions; (iii) experience
overseeing  or assessing the performance of companies or public accountants with
respect  to the preparation, auditing or evaluation of financial statements; and
(iv) other relevant experience.

CODE OF ETHICS

We  have adopted a code of ethics meeting the requirements of Section 406 of the
Sarbanes-Oxley Act of 2002. We believe our code of ethics is reasonably designed
to deter wrong doing and promote honest and ethical conduct; provide full, fair,
accurate,  timely  and  understandable disclosure in public reports; comply with
applicable  laws;  ensure  prompt  internal reporting of violations; and provide
accountability for adherence to the provisions of the code of ethics.

ITEM 11.
EXECUTIVE COMPENSATION

The following table sets forth the total compensation paid to or accrued, during
the  years  ended  December  31,  2009 and 2008 to AFGP's highest paid executive
officers.  No  restricted stock awards, long-term incentive plan payout or other
types  of  compensation,  other  than  the  compensation identified in the chart
below, were paid to these executive officers during that fiscal year.

<TABLE>
<S>                              <C>         <C>      <C>      <C>      <C>             <C>         <C>
                                          SUMMARY COMPENSATION TABLE


                                             SALARY   BONUS   STOCK     OPTION        ALL OTHER
             NAME                YEAR         ($)     ($)     AWARDS    AWARDS       COMPENSATION    TOTAL
     PRINCIPAL POSITIONS         ENDED                         ($)      ($) (A)          ($)          ($)
-------------------------------             -------- ------- --------- ----------    ------------- ----------
Kenneth McCleave,                2009         63,000      --        --     -- (3)               --     63,000
Chairman Of the Board            2008         60,000      --        --     -- (1)               --     60,000
Daniel L. Hefner                 2009             --      --        --     -- (3)               --         --
Chief Executive Officer and      2008             --      --        --     -- (2)               --         --
President
Michael Freid                    2009    (2)      --      --        --     -- (3)               --         --
Chief Financial Officer          2008             --      --        --     -- (4)               --         --
</TABLE>
<PAGE>
We  may  hire additional executive employees and/or change the compensation paid
to  and  benefits  received  by our current executive employees, as our Board of
Directors  deems  advisable  or  necessary.  We  plan to reimburse our executive
employees  for  all  travel expenses incurred in connection with the business of
the  Company.  To  date,  the  Company's  Board of Directors has not adopted any
retirement,  pension, profit sharing or other similar programs for our executive
employees.

No  officers or directors of the Company have received compensation in excess of
$100,000 per year.

ITEM 12.
SECURITY  OWNERSHIP  OF  CERTAIN  BENEFICIAL  OWNERS  AND MANAGEMENT AND RELATED
STOCKHOLDER MATTERS

The  following table sets forth information as to the ownership of shares of our
Common  Stock  as  of  December  31,  2009  with respect to (i) holders known to
American  Fiber  Green Products who beneficially own more than five percent (5%)
of the outstanding Common Stock, (ii) each director, (iii) President and certain
other  executive  officers,  and  (iv) all directors and executive officers as a
group.  The  percentage  of  ownership  has  been calculated based on 11,385,735
shares of Common Stock outstanding as of December 31, 2009.


<TABLE>
<S>                <C>                                                         <C>             <C>

TITLE OF                                                                      NUMBER OF      PERCENT OF
CLASS                    NAME AND ADDRESS OF BENEFICIAL OWNER (1)              SHARES           CLASS
----------------   ------------------------------------------------------   --------------   ------------
Common             Kenneth McCleave *                                           1.916,854          16.83 %
                   9401 Oak Street.,
                   Riverview, FL 33569
                   Daniel L. Hefner *
                   1502 N. Taylor Road,
Common             Brandon, FL 33510                                            1,801,240          15.82 %
                   Robert Maxwell
                   N/A
Common              Florida                                                     1,801,240          15.82 %
                   Michael A. Freid *
                   2208 Laurel Oak Drive
Common             Valrico, FL 33596                                              100,000           0.88 %
                   Barb Amour
Common             Monroe, WA 98272                                               673,111           5.91 %
                   *ALL OFFICERS AND DIRECTORS AS A GROUP (3 PERSONS)           3,818,094          33.53 %
-------
</TABLE>

As  used in this table, "beneficial ownership" means the sole or shared power to
vote  or  to  direct  the  voting of a security or the sole or shared investment
power with respect to a security (i.e., the power to dispose of or to direct the
disposition of a security)

ITEM 12.
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

The  Company  is currently operating in a facility leased and operated by Public
Acquisition  Company  (PAC). PAC is owned by Kenneth McCleave, Chairman of AFGP.
No occupancy cost has been charged to AFGP by PAC as of December 31, 2009. There
is  no  assurance  that  this favorable treatment will continue in the future if
AFGP begins to facilitate operations at that site.

The  Company carries a Note Payable to Kenneth McCleave, Chairman of AFGP in the
amount  of  $1,535  for  a  loan  made  to the Company. The note bears an annual
interest  rate  of  10%  and  is  payable  on  demand.  Refer  to  Note 8 of the
consolidated financial statements.

The Company carries long-term liabilities with PAC (Public Acquisition Company -
a  wholly  owned  business  of  Kenneth McCleave, Chairman of AFGP), Nimble Boat
Works  (a  wholly  owned  business of Ken McCleave, Chairman of AFGP) and Daniel
Hefner (President and Chief Executive Officer of AFGP) for cash advances made to
AFGP. Refer to Note 9 of the consolidated financial statements.

The  Company carries notes receivable from American Commerce Solutions (ACS) and
Chariot  Manufacturing  Company.  Daniel  Hefner  (President and Chief Executive


                                       33
<PAGE>
Officer  of  AFGP) is also President and Chief Executive Officer of ACS. Chariot
Manufacturing  Company  is  a  wholly  owned subsidiary of ACS. Kenneth McCleave
(Chairman  of  AFGP)  is  also  Chief  Operating  Officer and General Manager of
Chariot Manufacturing Company.

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

None.

ITEM 14.
PRINCIPAL ACCOUNTANTS FEES AND SERVICES

Audit Fees

The  aggregate  audit  fees  billed  for  the  years ended December 31, 2009 was
$1,250.  Audit  services include the audits of the financial statements included
in  the  Company's  annual reports on Form 10-K and reviews of interim financial
statements included in the Company's quarterly reports on Form 10-Q.

Audit-Related Fees

None.

Tax Fees

None

All Other Fees

None

Audit Committee Pre-Approval Process, Policies and Procedures

Our  principal auditors have performed their audit procedures in accordance with
pre-approved  policies and procedures established by our Board of Directors. Our
principal  auditors  have  informed  our  Board  of the scope and nature of each
service  provided.  With respect to the provisions of services other than audit,
review,  or  attest services, our principal accountants brought such services to
the  attention of our Board of Directors, or one or more members of our Board of
Directors  to  whom  authority  to grant such approval had been delegated by the
Board, prior to commencing such services.

ITEM 15.
EXHIBITS


EXHIBIT #    DESCRIPTION
------------ -------------------------------------------------------------------
 2      2.1  Merger between Hydro Press and Amour, dated 3/12/93*

        2.2  Agreement and Plan of Merger between Amour Fiber Core [Nevada]
             and American Leisure Products, dated 5/24/2004*

        2.3  Agreement and Plan of Merger between Amour Fiber Core [Washington]
             and Amour Fiber Core [Nevada], dated 5/25/2004*
 3
        3.1  Article of Incorporation of Amour Fiber Core, Inc. [Washington],
                dated 12/22/95*

        3.2  Article of Amendment for 3 to 1 forward split dated 6/9/98*

        3.3  Articles of Incorporation of American Leisure Products, Inc.,
                dated 9/2/2001*

        3.4  Articles of Incorporation of Amour Fiber Core, Inc. [Florida],
                dated 9/15/2001*

        3.5  Articles of Incorporation of Amour Fiber Core, Inc. [Nevada],
                dated March 2004*

        3.6  Bylaws*
10
             Employment Agreement with Kenneth W. McCleave, dated 10/1/2001*



                                       34
<PAGE>
31.1
             Certification of the Chief Financial Officer
31.2
             Certification of the Principal Executive Officer
32           Certification  pursuant  to 18 U.S.C. Section 1350, as Adopted
                Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
--------------

*These exhibits are filed as part of Form 10SB registration statement filed with
the SEC on February 22, 2007 and incorporated by reference.


                                   SIGNATURES


Pursuant  to  the  requirements  of Section 12 of the Securities Exchange Act of
1934, the registrant has duly caused this registration statement to be signed on
its behalf by the undersigned, thereunto duly authorized.



Date: August 23, 2010                       AMERICAN FIBER GREEN PRODUCTS, INC.


                                            By: /s/ DANIEL L. HEFNER
                                                --------------------------------
                                                Daniel L. Hefner,
                                                President and Director
                                                (Principal Executive Officer)


                                            By: /s/ MICHAEL A. FREID
                                                --------------------------------
                                                Michael A. Freid,
                                                Chief Financial Officer and
                                                Principal Accounting Officer









































                                       35
<PAGE>
EXHIBIT 31.1

       CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES OXLEY ACT OF
                2002 AND RULE 13A-14 OF THE EXCHANGE ACT OF 1934


                                 CERTIFICATION

I, Daniel L. Hefner, certify that:

1.  I  have  reviewed  this annual report on Form 10-K/A of American Fiber Green
Products,  Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a
material  fact or omit to state a material fact necessary to make the statements
made,  in  light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report;

3.  Based  on  my  knowledge,  the  financial  statements,  and  other financial
information included in this report, fairly present in all material respects the
financial  condition,  results of operations and cash flows of the registrant as
of, and for, the periods presented in this report;

4.  The  registrant's  other  certifying  officer(s)  and  I are responsible for
establishing  and  maintaining disclosure controls and procedures (as defined in
Exchange  Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial
reporting (as defined in Exchange Act Rules 13a - 15(f) and 15d - 15(f)) for the
registrant and have:

            a)    Designed  such  disclosure  controls and procedures, or caused
                  such  disclosure  controls and procedures to be designed under
                  our  supervision, to ensure that material information relating
                  to the registrant, including its consolidated subsidiaries, is
                  made known to us by others within those entities, particularly
                  during the period in which this report is being prepared;

            b)    Designed  such  internal  control over financial reporting, or
                  caused  such  internal  control over financial reporting to be
                  designed   under   our   supervision,  to  provide  reasonable
                  assurance regarding the reliability of financial reporting and
                  the  preparation of financial statements for external purposes
                  in accordance with generally accepted accounting principles;

            c)    Evaluated  the  effectiveness  of  the registrant's disclosure
                  controls  and  procedures  and  presented  in  this report our
                  conclusions about the effectiveness of the disclosure controls
                  and  procedures,  as  of the end of the period covered by this
                  report based on such evaluation; and

            d)    Disclosed  in  this  report  any  change  in  the registrant's
                  internal control over financial reporting that occurred during
                  the  registrant's most recent fiscal quarter (the registrant's
                  fourth  fiscal  quarter in the case of the annual report) that
                  has materially affected, or is reasonably likely to materially
                  affect,  the  registrant's  internal  control  over  financial
                  reporting; and

5.  The  registrant's other certifying officer(s) and I have disclosed, based on
our  most recent evaluation of internal control over financial reporting, to the
registrant's  auditors  and  the  audit  committee  of the registrant's board of
directors  (or  persons performing the equivalent functions):

            a)    All  significant  deficiencies  and material weaknesses in the
                  design   or  operation  of  internal  control  over  financial
                  reporting  which are reasonably likely to adversely affect the
                  registrant's  ability to record, process, summarize and report
                  financial information; and

            b)    Any  fraud,  whether or not material, that involves management
                  or  other  employees  who  have  a  significant  role  in  the
                  registrant's internal control over financial reporting.



Date:  August 23, 2010                 /s/ Daniel L. Hefner
                                       -----------------------------------------
                                       Daniel L. Hefner
                                       President and Principal Executive Officer
<PAGE>
EXHIBIT 31.2

       CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES OXLEY ACT OF
                2002 AND RULE 13A-14 OF THE EXCHANGE ACT OF 1934


                                 CERTIFICATION

I, Michael A. Freid, certify that:

1.  I  have  reviewed  this annual report on Form 10-K/A of American Fiber Green
Products, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a
material  fact or omit to state a material fact necessary to make the statements
made,  in  light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report;

3.  Based  on  my  knowledge,  the  financial  statements,  and  other financial
information included in this report, fairly present in all material respects the
financial  condition,  results of operations and cash flows of the registrant as
of, and for, the periods presented in this report;

4.  The  registrant's  other  certifying  officer(s)  and  I are responsible for
establishing  and  maintaining disclosure controls and procedures (as defined in
Exchange  Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial
reporting (as defined in Exchange Act Rules 13a - 15(f) and 15d - 15(f)) for the
registrant and have:

            a)    Designed  such  disclosure  controls and procedures, or caused
                  such  disclosure  controls and procedures to be designed under
                  our  supervision, to ensure that material information relating
                  to the registrant, including its consolidated subsidiaries, is
                  made known to us by others within those entities, particularly
                  during the period in which this report is being prepared;

            b)    Designed  such  internal  control over financial reporting, or
                  caused  such  internal  control over financial reporting to be
                  designed   under   our   supervision,  to  provide  reasonable
                  assurance regarding the reliability of financial reporting and
                  the  preparation of financial statements for external purposes
                  in accordance with generally accepted accounting principles;

            c)    Evaluated  the  effectiveness  of  the registrant's disclosure
                  controls  and  procedures  and  presented  in  this report our
                  conclusions about the effectiveness of the disclosure controls
                  and  procedures,  as  of the end of the period covered by this
                  report based on such evaluation; and

            d)    Disclosed  in  this  report  any  change  in  the registrant's
                  internal control over financial reporting that occurred during
                  the  registrant's most recent fiscal quarter (the registrant's
                  fourth  fiscal  quarter in the case of the annual report) that
                  has materially affected, or is reasonably likely to materially
                  affect,  the  registrant's  internal  control  over  financial
                  reporting; and

5.  The  registrant's other certifying officer(s) and I have disclosed, based on
our  most recent evaluation of internal control over financial reporting, to the
registrant's  auditors  and  the  audit  committee  of the registrant's board of
directors  (or  persons performing the equivalent functions):

            a)    All  significant  deficiencies  and material weaknesses in the
                  design   or  operation  of  internal  control  over  financial
                  reporting  which are reasonably likely to adversely affect the
                  registrant's  ability to record, process, summarize and report
                  financial information; and

            b)    Any  fraud,  whether or not material, that involves management
                  or  other  employees  who  have  a  significant  role  in  the
                  registrant's internal control over financial reporting.


Date: August 23, 2010                      /s/ Michael A. Freid
                                           -------------------------------------
                                           Michael A. Freid
                                           Chief Financial Officer and Principal
                                           Accounting Officer

<PAGE>
EXHIBIT 32.1

                  CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER

                      PURSUANT TO 18 U.S. C. SECTION 1350
                             AS ADOPTED PURSUANT TO

                 SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In  connection  with  the  Annual Report of American Fiber Green Products, Inc.,
(the  "Company")  on Form 10-K/A for the period ended December 31, 2009 as filed
with  the  Securities and Exchange Commission on the date hereof (the "Report"),
I,  Daniel  L. Hefner, President and Principal Executive Officer of the Company,
certify, pursuant to 18 U.S. C. Section 1350, as adopted pursuant to Section 906
of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

(1)  The Report fully complies with the requirements of Section 13 (a) or 15 (d)
of the Securities Exchange Act of 1934; and

(2)  The  information  contained  in the Report fairly presents, in all material
respects, the financial condition and results of operations of the Company.

Date: August 23, 2010                        /s/ Daniel L. Hefner
                                             -----------------------------------
                                             Daniel L. Hefner
                                             President and Principal Executive
                                             Officer


















































<PAGE>
EXHIBIT 32.2

                CERTIFICATION OF THE PRINCIPAL FINANCIAL OFFICER
                      PURSUANT TO 18 U.S. C. SECTION 1350
                             AS ADOPTED PURSUANT TO

                 SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In  connection  with  the  Annual Report of American Fiber Green Products, Inc.,
(the  "Company")  on Form 10-K/A for the period ended December 31, 2009 as filed
with  the  Securities and Exchange Commission on the date hereof (the "Report"),
I, Michael A. Freid, Chief Financial Officer and Principal Accounting Officer of
the  Company,  certify, pursuant to 18 U.S. C. Section 1350, as adopted pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

(1)  The Report fully complies with the requirements of Section 13 (a) or 15 (d)
of the Securities Exchange Act of 1934; and

(2)  The  information  contained  in the Report fairly presents, in all material
respects, the financial condition and results of operations of the Company.

Date: June 21, 2010                        /s/ Michael A. Freid
                                           -------------------------------------
                                           Michael A. Freid
                                           Chief Financial Officer and Principal
                                           Accounting Officer