Greenlite Executes Agreement with
Chief Operating Officer
Boca Raton, FL -- January 13, 2023 -- InvestorsHub NewsWire --
Greenlite Ventures, Inc. (OTC
Pink: "GRNL") has signed an Agreement with Richard Estalella
making him the Company's Chief Operating Officer. Estalella will be
responsible for overseeing GRNL's operational flow, process
improvements, and strategic planning including operational
expansion. He will also be assisting in financial planning,
celebrity signings and endorsements as well as corporate
sponsorships,
Estalella has been running his own highly successful consulting
firm for the last 6 years. Prior to that he served as President of
MusclePharm, a publicly traded sports nutrition company that
tripled its sales during his 3-year tenure. Estalella helped
identify, negotiate and close endorsement deals with numerous
athletes, teams and organizations including Tiger Woods, Arnold
Schwarzenegger, UFC, Manchester City, and the Cleveland
Cavaliers.
About Greenlite
Ventures
On October 27, 2022, INET Merger
Advisors, Inc. purchased the controlling interest in Greenlite
Ventures, Inc. ("GRNL", "the Company"). On December 26th, 2022, the
Company executed an LOI with a licensing company that has ongoing
business relationships with most of the top professional sports
leagues as well as several iconic brands and athletes. The
companies have targeted an early to mid-March closing pending due
diligence and the successful completion of audited financial
statements. GRNL is actively negotiating additional business
combinations and celebrity signings to grow its podcasting,
licensing, merchandising, and branding operations.
Safe Harbor
Statement
This press release contains
"forward-looking statements," defined in United
States Private Securities Litigation Reform Act of 1995,
involving risks and uncertainties. There's
no assurance such statements will prove to be accurate. Actual
results and future events could differ materially from management's
current expectations. Economic,
competitive, governmental, technological, and factors identified in
company's previous filings with Securities and Exchange Commission
may cause actual results or events to differ materially from those
described in forward-looking statements in this
release.
Company undertakes no obligation to
publicly update or revise any forward-looking statements, whether
resulting from new information, future events, or
otherwise.
Media Contact: Jeff
DeForrest 954 288 4725