Green Globe International, Inc. Announces Initial Discussions to Acquire FiscallyGreenSM & to Appoint Jeffrey M. Garrison as ...
2011年2月10日 - 11:00PM
ビジネスワイヤ(英語)
Green Globe International, Inc. (OTC: GGII) today announced that
it has entered into initial discussions with Jeffrey M. Garrison,
President of FiscallyGreenSM and consultant CFO of
the company, to acquire FiscallyGreenSM and to appoint Mr. Garrison
as President/CEO and to serve on the Green Globe International
Board of Directors. As President/CEO, Mr. Garrison would be
responsible for a broad range of management functions including the
development of the company’s sustainability consulting division, as
well as representing the company in all other capacities.
As part of the initial discussions, Green Globe International,
Inc. would change its name to FiscallyGreenSM, which would
better represent the company’s objectives as a whole.
FiscallyGreenSM will manage all operations of the public company
including its licensees and affiliates, except for its investment
in the Green Globe brand, which would be managed by Green Globe
Limited, the UK company that owns the brand. Green Globe
International currently holds an 88% majority ownership in Green
Globe, Limited.
Mr. Garrison has previously served as President of the
internationally recognized certified public accounting firm
Stonefield Josephson, Inc. from 2002 through 2009 (currently Marcum
Stonefield) and created FiscallyGreenSM as a division
of Stonefield Josephson in 2009 to focus on sustainable businesses
and legislative opportunities and mandates. Mr. Garrison has been
involved in financial accounting and business advisory for over 25
years. He is an expert in business accounting and financial
consulting, mergers and acquisitions, and succession planning in a
range of industries, including renewable energy, consumer goods,
hi-tech, hospitality, non-profit, healthcare, restaurant, service,
manufacturing, and real estate. Mr. Garrison has worked extensively
with publicly held companies, both internationally and throughout
the United States.
“Our discussions with Mr. Garrison have been encouraging thus
far, and we look forward to the possibility of working more closely
with him as we take the next steps to expand the focus of our
operations into additional areas of sustainability consulting and
the measurement and monetization of environmental, tax and other
credit programs,” said Green Globe International Managing Director
and CEO Steven R. Peacock. “Mr. Garrison’s considerable experience
in accounting, forensics, auditing, resource management and
corporate advisory would be a great fit as the company implements
programs in areas that have significant revenue potential. The fact
that he has managed large numbers of employees and office locations
in multiple cities and foreign countries and grew Stonefield’s
revenues from $17 million to nearly $40 million makes him an ideal
CEO for accomplishing the next stages of the company’s development.
A dynamic public speaker, I look forward to Mr. Garrison
representing the company at public events and forums.”
Mr. Peacock, who also serves as Director for Green Globe
Limited, would oversee Green Globe licensees and work to expand the
company’s revenues from Green Globe affiliated programs around the
world.
Mr. Garrison commented, “Now is the ideal time to expand Green
Globe International’s successful platform in sustainability
certification and to pursue additional opportunities in several
other targeted areas. I have come to recognize the prospect for a
broader focus and believe that we can make quantifiable progress in
the near term. I look forward to our discussions related to my
greater involvement in managing the direction and operations of the
company.”
The Green Globe brand and program, which traces its roots back
to the United Nations Rio de Janeiro Earth Summit in 1992, where
182 Heads of State endorsed the Agenda 21 principles of Sustainable
Development, has primarily been used in the travel and tourism
industry but is now being expanded to include a growing number of
environmentally responsible businesses in a variety of market
sectors. The Green Globe brand is an ideal symbol for the world’s
increasing awareness of environmental responsibility and response
to global climate change.
The company encourages all shareholders and others interested in
following the progress of the Green Globe brand to subscribe to
receive email alerts whenever new information is made public. To
subscribe, please visit
http://www.greenglobeint.com/stayconnected/email/.
About Green Globe International, Inc.
Green Globe International, Inc., through its 88% majority
ownership in Green Globe, Ltd., a UK corporation, is the worldwide
owner of the Green Globe brand, the recognized leader of
sustainability certification and benchmarking programs, carbon
footprint calculation and offset programs, and a broad range of
consulting services. Green Globe International is an affiliate
member of the United Nations World Tourism Organization, and the
World Travel & Tourism Council (WTTC), the business leaders’
forum for the travel and tourism industry, is a major shareholder
of Green Globe International. For more information on the company
and its programs, please visit www.greenglobeint.com or call
888-528-0883.
Safe Harbor Statement
This release contains forward-looking statements with respect to
the results of operations and business of Green Globe
International, Inc., which involves risks and uncertainties. The
Company's actual future results could materially differ from those
discussed. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, and all other forward-looking statements be subject to
the "Safe Harbors" provision of the Private Securities Litigation
Reform Act of 1995.
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