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$GNPT .0015 - UPDATED DD ..




http://www.greenparts.com

GreenParts is a solid, well established company in the same industry with the same CEO for almost 15 years…
No history of R/S… with very tight Share Structure..
growing organically through the years..
Growing revenue from $500k to $15mln in 2013!

Current Share Structure per TA:
FLOAT: 163,310,482 as of 11/30/15
OS : 207,043,586 as of 11/30/15
AS : 1B

Annual Sales 2013 = $15mln
Annual Sales 2014 = $13mln
Sales Q1 2015= $2mln
Sales Q2 2015= $2.7mln
Sales Q3 2015= $1.9mln (positive net income $246k)


Until June 2015 there were only two main revenue streams: Auto Parts and Scrap Metal.
However CEO has been hard at work looking into more opportunities.
Company added Clothes Recycling in June 2015.
Also created partnership with SAH Global for concrete recycling in July 2015 and a month later GNPT already delivered first shipment worth $150k.
The most recent addition was creating a partnership with South Korea for providing oil recycling per PR in August 2015.

CEO has been running this company for 15 years and is very committed.

CEO took over a company debt:
During the year ended December 31, 2014, the Company was relieved of liabilities from loans to Piedmont bank. This debt ($2,227,939) was assumed by Asif Balagamwala (CEO) and the Company did not have to repay the loan. Therefore a related party liability was recorded at that time.

NEWS 11/16/15 - Green Parts International Returns To Profitability In Third Quarter
ATLANTA, GA / ACCESSWIRE / November 16, 2015 / Green Parts International, Inc. (OTCPINK: GNPT) reports third quarter profitability and year over year quarterly improvement in their 10Q just filed. The company posted net quarterly income of $245,621 compared with a ($254,009) loss for the same period in 2014. The results also show a sequential improvement over the ($163,914) loss of the quarter ending June 2015.
Chief Executive officer Asif Balagamwala stated, "It's no secret that our industry is suffering through a tough phase, and we certainly are not immune to the effects. Falling commodity prices have resulted in a decline of revenue. A shortfall in available capital for us to purchase sufficient raw material for consistent processing and sales compounded by the metals industry conditions of recent years (most notably the fifty percent decline in commodity prices since 2011) caused us to use convertible methods of funding preparing the way back to profitability. I'm gratified and encouraged that our cost reduction and increased efficiency actions are showing the desired results and will facilitate more economical and conventional financing. To that point, despite our efforts to negotiate an early retirement of some near term notes, we have received notifications of three conversion requests, each representing less than ten percent of their outstanding balance. I'm continuing to work diligently to retire or extend the balance of these notes until suitable long term funding is in place."
Mr. Balagamwala added, "I'm confident that by divesting unproductive assets and inventory, coupled with our ongoing refinancing plan, that Green Parts will continue to successfully execute its strategic plan to grow our new diversified verticals, acquire profitable operations and return to growth."
http://finance.yahoo.com/news/green-parts-international-returns-profitability-224500346.html

NEWS 8/20/15 - GreenParts International Signs Recycled Oil Export Agreement With South Korean Partner; Global Exports Thriving
'Chief Executive Officer Asif Balagamwala stated, "I'm extremely encouraged by our expanding relationship with our global partners. We just recently signed a term sheet to provide recycled oil to our South Korean partner and we have already begun to implement the first order and see this as not only a growing business but are delighted to fulfill part of our mission statement of creating a better global environment'
"In addition we have delivered on approximately 150 thousand dollars of our first shipment to SAH Global for our previously announced concrete recycling agreement. In both cases we see growth and very good margins in these new ventures."

"It is a major component of GreenParts Internationals' strategic five-year plan to diversify our business and be less dependent on metal recycling. I'm very excited about our new oil and concrete recycling ventures as well as other opportunities that are forthcoming. More details regarding all our new areas of business will be coming soon."

MORE NEW AREAS OF BUSINESS WILL BE COMING SOOOOON!!!

Whole article:
http://www.prnewswire.com/news-releases/greenparts-international-signs-recycled-oil-export-agreement-with-south-korean-partner-global-exports-thriving-300131326.html

NEWS 08/19/2015 GreenParts International Announces Sequential Second Quarter 2015 Growth

ATLANTA, Aug. 19, 2015 /PRNewswire/ -- GreenParts International (OTC: GNPT), a metal and textile recycling company, with multiple locations in Atlanta, Georgia, has released its second quarter results and statements from its CEO regarding a strategic funding partner and significant growth in operating performance sequentially.
The company's second quarter results reflected benefits from the cost reduction plan that was implemented the previous quarter, which has advanced operating performance. The company reduced expenses progressively by 30% and saw revenues grow by nearly 35%, while gross margins returned closer to the company's historical average. As a result, before interest and depreciation, the company was profitable for the quarter.
"Our commitment to deliver on a broad range of cost savings and production initiatives has helped us improve our performance and endure the steep declines in ferrous metal prices, which still are down 30% from the prior year," said Asif Balgamwala, President and Chief Executive Officer. He added, "We are still recovering from the industry decline which has impaired shipments well into the second quarter and adversely altered our ratio of inventory cost to selling price. Additionally, we assumed new debt to take advantage of the opportunities, not only in cheaper inventory, but, most importantly, to execute on our developing new divisions. We expect the benefits from these efforts, combined with more stable market conditions, to provide further improvements in our operations. News about GreenParts International's continued progress and new endeavors will be forthcoming shortly. In addition, we are very fortunate to have finalized an arrangement with a local investment group to replace that debt before its term at equity valuations above our current market capitalization and will release details as soon, as appropriate. Furthermore, we have retained counsel to assist in the negotiations of our larger creditors, which is a crucial part of our strategic plan to reduce and replace our debt structure."
In closing, the CEO stated, "It has been a very challenging 12 months in our industry, however, we are very focused on furthering the implementation of our strategic plan, focusing on cost reduction and efficiencies gained from joint ventures and acquisitions, as well as, an intense focus on new verticals under the GreenParts International Logo. We are determined to execute and increase shareholder value, as well as ensure longevity for GreenParts International and its employees."
Whole Article:
http://www.prnewswire.com/news-releases/greenparts-international-announces-sequential-second-quarter-2015-growth-300131011.html

NEWS 07/17/2015 GreenParts International Expands Global Efforts
ATLANTA, July 17, 2015 /PRNewswire/ -- GreenParts International, (OTC: GNPT) a recycling company with multiple locations in Atlanta, Georgia has released a statement from its CEO regarding the company's efforts to leverage its multinational partners and expand its business globally.
Chief Executive Officer Asif Balagamwala stated, "I recently traveled to the Middle East Region for a couple weeks and I'm very encouraged by the progress that I made with our potential partners. ….. .. we have committed to allocate funding to explore our global capabilities and to seize what I believe to be some incredible opportunities." The CEO continued," One such opportunity is in the concrete recycling and cement import business to not only the United States, but developing countries as well. I feel with our partner SAH Global we can be competitive in this industry and potentially add several million dollars in revenue to GreenParts in our first full 12 months of production. As the details unfold I will be releasing more information regarding the industry and the positive impact I expect this endeavor will have on GreenParts and its shareholders." Mr. Balagamwala went on to say, "We are in the very early stage of this opportunity, but this is potentially the first of what I hope to be many new international ventures
The CEO concluded, "As I finished my stay I worked diligently contacting other partners to expand not only our core recycling operation but to initiate other components of our strategic plan such as green energy ventures and the restructuring of our debt. We have had to use convertible debt financing in the past, and to my knowledge the positions reported in the 10q by JMJ, LG, and Asher have been completely converted …. It is a key part of our strategic plan to replace our creditors with a more favorable lender, or even an equity partner, which will allow the company to continue to invest in some of the incredible opportunities, we have in our recently developed Scrap Management and Textile Recycling divisions as well as our renewed efforts to expand globally. ..

Whole article:
http://www.prnewswire.com/news-releases/greenparts-international-expands-global-efforts-300114996.html


NEWS 06/05/2015 GreenParts International Announces Two Major Additions
ATLANTA, June 5, 2015 /PRNewswire/ -- GreenParts International, (OTC: GNPT) a metal recycling company with multiple locations in Atlanta, Georgia has announced the latest implementations of its five year strategic plan.
Chief Executive Officer Asif Balagamwala stated,"We are very excited to announce the formalization of our scrap-management consulting division and our textiles recycling division."
The CEO continued, "We recently agreed, in principle, with a Georgia exporter of recycled clothing to a deal that has the potential to generate up to One Hundred and Fifty Thousand Dollars in income over and beyond the next twelve months. We anticipate this to be the first of many, as we are working on several other textile recycling partnerships."
In regards to the newly created Scrap Management division, the CEO stated, "Throughout our history, we have purchased material from mills and other scrap producers, as well as countless foot traffic from individuals and individual contractors. While we haven't always been able to allocate the capital to actively pursue the scrap generators and metal consumers as aggressively as we would have liked, we feel the dedication that we have to our new Scrap Management division will change that and produce significant results." Mr. Balagamwala continued, "We continually invest in our systems and equipment, in order to maximize cost efficiencies and to maintain the highest quality of products. The shredding system is one of the most efficient ways to process metal. Our recent updates are paying off and allowing us to be more aggressive in our outside dealer to dealer sales."
The company noted that the goal of the scrap management division was not just to buy more product, but to create long term partners with scrap generators through its value-added consulting services. GreenParts Scrap Metal Management team feels it can help any facility in any industry become more efficient in the way it handles and disposes of its scrap. Specific targets are processors, mills and foundries, as well as, wire and cable producers and other auto salvage dealers.

Whole article:
http://www.prnewswire.com/news-releases/greenparts-international-announces-two-major-additions-300094755.html


NEWS 05/26/2015 GreenParts International's Strategic Planning Gains Traction
ATLANTA, May 26, 2015 /PRNewswire/ -- GreenParts International, (OTCBB "GNPT") a metals recycling company with multiple locations in Atlanta, Georgia, is nearing completion of its strategic planning process and anticipates implementation of a new five-year plan in the early part of the 3rd quarter.
The GreenParts comprehensive strategic planning process has been a priority for recent quarters. GreenParts CEO Asif Balagmwala stated, "It is exciting to note that the strategic planning process has caused us to identify and begin taking advantage of a variety of unique opportunities and relationships that will be generating new revenue."
An integral component of the strategic plan is a comprehensive review of GreenParts core operations as well as its global operations and partners. The implementation of this plan is intended to significantly improve operational performance and ultimately enhance earnings and shareholder value.

Balagmwala added, "Each quarter of the strategic plan is designed to provide short-term guidance and progress toward achievement of our long-term goals. While we are extremely focused on streamlining our debt, we are simultaneously committed to expanding our business verticals. As an example of a "vertical" GreenParts, together with a key international partner, and with essentially no resource diversion, proudly announces launch of our new clothing recycling project. We are particularly excited about this arena because it's a new revenue stream and also because of the additional exposure to other multinational markets and alliance opportunities."

The plan also identifies and prioritizes added new opportunities in several distinct markets as: electronics recycling, a renewed focus on scrap metal management, and boutique catering to both scrap metal generators and metal consumers. The company will be releasing more information regarding these opportunities in the coming weeks. "Any strategic plan has to be cognizant of the past, but at the same time very focused on the future. This is a very exciting time in our company's history, and through this plan we are putting a laser focus on optimizing our asset's, streamlining our operation, as well capitalizing on our enormous potential for growth. It is my personal obligation, and mission to make GreenParts International an innovator, and leader in the recycling industry," the Chief Executive Officer concluded.

Whole Article:
http://www.prnewswire.com/news-releases/greenparts-internationals-strategic-planning-gains-traction-300088643.html


NEWS 05/19/2015 GreenParts Int. Files 10Q.
ATLANTA, May 19, 2015 /PRNewswire/ -- GreenParts International today announced first quarter 2015 results.
"The first quarter 2015 market environment was extremely challenging for the steel and metals recycling industry," said Asif Balagamwala, Chief Executive Officer.
"We strongly feel that the reduction in both steel and scrap prices, combined with strength in domestic steel consumption from industries such as construction, manufacturing, and automotive should support a stronger domestic steel industry later this year. Given that domestic steel prices have come down, we believe the levels of imported steel will decline. In addition, sustainable lower raw material costs and increased orders as customers' inventory excess reduces, will allow our customers to not only increase their order volume with us, but allow for much better guidance and continuity. Obviously, this will have a very positive impact on GreenParts," continued Balagamwala.
The Company's recycling operation recorded a loss for the first quarter 2015, based on lower metal spread caused by decreasing Ferrous prices that dropped as much as 30% in February, as well as reduced shipments due to lower domestic steel mill utilization. The company expects volume and margins to increase throughout 2015, as steel mill utilization is expected to improve and scrap price volatility to subside.

Whole article:
http://www.prnewswire.com/news-releases/greenparts-int-files-10q-300085857.html


NEWS 04/22/2015 Greenparts International Reports Current Progress
ATLANTA, GA / ACCESSWIRE / April 22, 2015 / Greenparts International, (GNPT) a metals recycling company with multiple locations in Atlanta Georgia, has published its 10K along with information on current market conditions.
Greenparts President/CEO Asif Balagamwala commented on the company's 2014 results and market conditions stating, "We are pleased that we were able to successfully deal with 2014's precipitous ferrous scrap prices drop to the lowest levels since 2008. Last year's lower prices were created by excess global steel production, lower iron ore prices and weaker demand." Mr. Balagamwala added "We generated positive cash flow from operations in spite of this market deterioration and more importantly, we invested heavily into our infrastructure for the future. Specifically at our main location, we conducted a major reorganization during 2014 Q 1 of 2015 redesigning our production lines to facilitate greater efficiency and timely order fulfillment. Additionally we invested a significant amount of money and time to renovate our primary shredder, at a cost of a month and a half of production. This was necessary to maximize the use of the shredder in the current competitive market. The equipment upgrades and the production reorganization will create material, sustainable improvements to our bottom line."
As to current market conditions Mr. Balagamwala stated "While prices are lower than last year at this time we are seeing a stabilization in both prices and demand."
In closing the CEO addressed debt cost and new ventures. "In an effort to continue our rapid growth and recovery from 2014 forward we took on some aggressive debt cost that combined with unforeseen events impacted our bottom line. While operationally strong this debt cost proved to be a heavy burden. We are excited to be working with some quality partners to address and alleviate this issue, and combined with other strategic actions underway are looking forward to cost reductions and a return to growth through 2016 and beyond. In regards to new ventures, we are very fortunate to have some international partners that are increasing their participation with us and domestic opportunities, as well as developing new verticals from our core business. We not only anticipate, but are very much looking forward to releasing information regarding these partnerships in the near future."

Whole Article:
http://finance.yahoo.com/news/greenparts-international-reports-current-progress-165500347.html

GNPT secured a credit line of $10mln last year..
Miami, Florida – TCA Global Master Credit Fund Group (“TCA”), a fund specializing in senior secured lending and advisory services, announces the closing of a $10 Million USD Line of Credit with Green Parts International, Inc. (OTC: GNPT)
http://tcaglobalfund.com/tca-closes-10-mm-line-credit-green-parts-international-inc/







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