Greene Concepts Inc (INKW)

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Let's hope some good results come about soon from Greene Concepts.

Here is a page from their Ethics and Governance Section:

http://www.greeneconcepts.com/about-us/governance/

Our Commitment.

Investor confidence and transparency as a public company is an essential practice to effective and constant growth, this portion of our website is intend to provide you with key information about our corporate governance policies. These policies provide a framework to our daily and forthcoming operations at Greene Concepts and are consistent with the best interest of our shareholders’ and the regulatory requirements of the law.

Ensuring that Greene Concepts’ financial results fairly reflect the results of our operations is the cornerstone to our commitments in confidence and transparency. We practice the highest possible diligence in regulatory compliance and in the practice of our established financial accounting policies which includes being in line with requirements of Generally Accepted Accounting Principles (GAAP), and reporting our results objectively, completely, accurately and with the highest degree of morality.

Greene Concepts is committed to achieving and demonstrating the highest standards of corporate governance. The board is made up of both Beneficial and Independent Shareholder representatives to review the framework and practices of our corporation in the interests of our faithful shareholders.

It is the Fiduciary Duty of our directors to oversee the performance of the company in both the short and the long-term and seek to provide a checks and balances system to potentially competing objectives in order to provide the best interests of the company as a whole, enhancing the interests of shareholders and other key stakeholders to ensure the company is properly managed.

Code of Conduct & Ethics.

Greene Concepts Board of Directors operates under our Director’s Code of Conduct & Ethics which has been fully endorsed by the board and applies to all directors. The code reflects the highest standards of behavior, proficiency and the actions necessary to maintain confidence in our Corporation’s integrity. The Code requires that directors must never permit their personal or professional interests to conflict, or even appear to conflict, with the interests of Greene Concepts.

Responsibilities of Our Board

The responsibility of the Board is to act at all times in a responsible fiduciary manner in relation to the company’s financial dealings and to;
*Ensure that the company has the ability to meet its debts as and when they fall due.
*Oversee the corporation including its control and accountability systems
*Where appropriate, ratify the appointment and the removal of senior executives
*Provide input into and final approval of management’s development of corporate strategy and performance objectives
*Review, ratify and monitor systems of risk management and internal control, codes of conduct and legal compliance.
*Monitor senior executives’ performance and implementation strategy
*Ensure appropriate resources are available to senior executives
*Approve and monitor the progress of major capital expenditure, capital management and acquisitions and divestitures
*Approve and monitor financial and other reporting.

Additionally the directors must act in good faith, avoid conflicts of interest and owe duty of care to Greene Concepts, Inc.