Green Globe International, Inc. Updates the Status of Financial Filings, Certification Licensing Agreements & Strategic Acqui...
2011年4月6日 - 10:00PM
ビジネスワイヤ（英語）
Green Globe International, Inc. (OTC: GGII) today updated
shareholders on the status of its financial filings, the
repositioning of the company’s current certification licensing
agreements, its strategy to expand its revenue model, and its
intention to consummate a strategic acquisition in the near future
that would result in a change to the company’s name.
The company recently posted its Annual Report at
www.otcmarkets.com and is currently working on the Quarterly Report
for the period ended March 31, 2011. The company will post this
quarterly report through the OTC Markets disclosure platform, and
with the assistance of Jeff Garrison (www.fiscallygreen.net), its
consultant CFO, expects to meet the timelines required to achieve
and maintain “Current Information” status.
The company also has completed the repositioning and assignment
of its licensing agreements with its two certification licensees to
its subsidiary, Green Globe Limited, a UK corporation and the owner
of the trademark rights to the Green Globe name and logo. The
ongoing strategy is to support the growth of licensing revenues
from certification, which will be included as part of the public
company’s consolidated financial statements.
With the certification licensing agreements transferred to Green
Globe Limited, the company will move forward to consummate a
targeted acquisition. The company is currently in negotiations with
two possible acquisitions and expects to complete one of them in
the near term. The acquisition strategy is expected to result in a
change in the name of the public company.
“The movement of the licensing agreements to Green Globe Limited
is consistent with the strategy we laid out for shareholders in
2010, and we have now completed this process,” said Green Globe
International Managing Director and CEO Steven R. Peacock. “We will
now move forward to complete a strategic acquisition and to rebrand
the company with a new name, allowing us to expand our focus beyond
just Green Globe branded programs. Management has no plans for a
reverse split and will work to build value within the company’s
current structure.”
To receive email alerts from the company, 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 owner of
the Green Globe brand, the recognized leader of sustainability
certification and benchmarking programs. The company is structured
as a holding company and expects to continue to acquire
environmentally oriented companies that add value to the public
company and its shareholders. For more information please visit
www.greenglobeint.com.
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 all forward-looking statements
be subject to the "Safe Harbors" provision of the Private
Securities Litigation Reform Act of 1995.
Green Globe (PK) (USOTC:GGII)
過去 株価チャート
から 3 2025 まで 4 2025
Green Globe (PK) (USOTC:GGII)
過去 株価チャート
から 4 2024 まで 4 2025
