Greenlite Ventures Inc (GRNL)

[balamidas]

ALL MERGER conditions are met ,NEWS is coming >>>>



the MERGER CONDITIONS with AdvantageAG from Sep PR:




Closing will be subject to satisfactory due diligence by Greenlite, preparation of U.S. GAAP financials of Advantag, and the entry into a formal agreement by no later than December 31, 2012. In addition, it will be subject to Greenlite having cash of not less than $500,000, no significant liabilities at closing and the Principal Shareholder being satisfied that the market for Greenlite's common shares has the strength and liquidity necessary to advance its business.


http://ih.advfn.com/p.php?pid=nmona&article=54109218




ALL MERGER CONDITIONS ARE MET now >>


1-HIGHER EXCHANGE was achieved LAST WEEK


2-500,000 USD are coming from BlueWater Advisory Group

Mr. Bryan G. Crane has been appointed as Vice President and a Director of the Company. Mr. Crane is the principal of BlueWater Advisory Group, LLC, a company that specializes in capital-raising and investor awareness for emerging growth public companies in the green tech and eCommerce sectors.



"Mr. Crane's successful background both in corporate finance and carbon offset sales makes him the ideal candidate to assist the Company in completing its acquisition of German carbon trading company, Advantag AG, and obtaining the financing necessary for closing of the acquisition."



PS:

Mr. Crane has been granted 400,000 options exercisable at $0.11 per share for a period of two years.


link:


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81741690



3-NO significant Debts




ADVANTAGE AG WEBSITE >>>


http://www.advantag.eu/






GET READY for MERGER NEWS ON GLTV and a Nice RUN

as the VICE PRESIDENT got Option at 0.11 /share !!!

PENNIES are coming $$$$