SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 16, 2002 American Group Inc. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Nevada 0-30474 88-0326984 - ---------------------------- ----------------------- ------------------ (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 5295 Town Centre Road Boca Raton, FL 33486 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code 561-394-2443 ------------------------------ - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) Item 5. Other Information. - -------------------------- The Company announced on May 16, 2002 its position regarding the recent increase in trading activity and share volume of its stock. The Company states that it is unaware of and has no knowledge of any event that would cause or result in trading of this nature. Attached is exhibit 99.1 which is a copy of the press release. The Company notes that a press release issued on May 15, 2002 relating to the acquisition of certain real estate is totally unrelated to our Company. The Company is unaware of the source of the press release or why its symbol was included in that press release. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN GROUP INC. Date: May 16, 2002 By: /s/ ROBERT I. CLAIRE ---------------------- Robert I. Claire President