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I wish this one would do somthing one day, is it possible to come back from the grey market??
Well, being Caveat Emptor on Pinksheets and on the greys after being suspended by the SEC will take the wind out of a stock's momentum.
It'll take a hurricane-force winds to move this one! lol
Oh well thought News looked good imo sorry others don't feel the same. I have nothing but hope am still down 95% so anything is better than nothing in my book.
"News looks promising."
Unfortunately, that's all their news has ever been. Promising. ( ;
No one around to move the sp up, besides.
What's the saying? "If a tree falls in the forest....."?
Same goes for a pr put out by a dead company.
NEWS out today could be getting ready to start up again? who knows still looks dead to me but News looks promising.
Greenstone OTCPK: GSHN Announces Completion of the first GREEN-DRI unit and Initial Test
Completion of construction of the first GREEN-DRI™ Wood Dryer in the United States and has completed the first test phase of the unit in Bangor, PA.
JERSEY CITY, NEW JERSEY, (eMediaWorld) September 28, 2009 Greenstone Holdings, Inc. (OTCPK: GSHN) announced today that the Company had completed construction of the first GREEN-DRI™ Wood Dryer in the United States and has completed the first test phase of the unit in Bangor, PA. GREEN-DRI is based on the technology licensed from a Japanese inventor Mr. Toshio Ito, a process which has been operating successfully in Japan for over five years.
Sal Miwa, CEO of the Company stated that the PHASE I TEST of the GREEN-DRI was completed on September 15th, 2009 and that the unit has been operating continuously since then. The PHASE I TEST was to verify the functionality of the GREEN-DRI unit and Mr. Toshio Ito, the inventor who witnessed the test, stated that the performance of the first US model equaled or exceeded the performance of the over thirty units presently operating in Japan. Mr. Ito commented, "I am very pleased with the results of PHASE I and am anxious to receive the results from the second phase of testing." Mr. Ito, who traveled from Japan to observe the PHASE I TEST, remarked that he was very surprised and delighted that the GREEN-DRI unit worked so well and achieved drying results in such a short period of time, just a few days.
While the results of the over 30 GREEN-DRI units operating in Japan may not correlate exactly to US woods, the energy costs savings realized in Japan equal to up to 90% over comparable conventional existing dry kiln facilities. "Realizing even a percentage of those savings would result in a great benefit to US Saw Mills", stated Mr. Miwa.
The maximum energy usage of the first unit, which measures 12 feet, by 8 feet by and 8 feet is approximately 4 kilo-watts per hour resulting in a substantial REDUCTION IN ENERGY COSTS, compared to the costs of operating conventional Dry Kiln units. "These savings, particularly in larger wood drying units, can often mean the difference between shutting down or operating," Mr. Miwa added.
Mr. Miwa stated, "The main advantages of GREEN-DRI over conventional dry kilns methods is the significant energy savings it achieves and because conventional kiln methods force moisture out of wood by high heat and forced air, which often damages wood cells. The GREEN-DRI unique and proprietary method removes moisture biologically without destroying wood cells, hence it consumes much less energy while producing lumber that is less stressed, stronger and retains its natural color.
The Company has now started its PHASE II TEST, a comprehensive drying performance operation to determine the rapidity with which the GREEN-DRI will reduce moisture from wood to acceptable commercial levels of typically 6% to 8% moisture content. "As a part of our PHASE II TESTING, we will be collecting more extensive energy consumption and drying data which will be available within a month", Mr. Miwa added.
Mr. Miwa concluded by stating that several independent commercial sawmill operators who also run a dry kiln operation will participate in the PHASE II TESTING, so they can observe first hand, as the Company develops valuable and reliable data concerning the GREEN-DRI's efficiency and energy saving advantages.
The process of wood drying is a huge industry in the US estimated to be several billions of dollars and is critical not only to large commercial and home building companies but also to many cottage industries such as the music instruments, sports equipment, and furniture industries just to mention a few, Mr. Miwa added.
Image: http://www.egreenstone.com/documents/GreenDri-PHASE-I-Sep15-09.pdf (Link to the photos of new dryer)
About Greenstone Holdings, Inc.
(http://www.egreenstone.com) Greenstone is in the business of providing a variety of "GREEN" chemical technologies that are primarily used in the building and construction industry. The Company's first brand name product, Greenstone-GS (previously known as GreenShield), offers moisture protection to wood based building materials and others such as lumber, logs, plywood, drywall, windows, doors, railroad ties, fencing, and utility poles. It also offers added fire retardancy to the material it is applied to. Greenstone also exclusively distributes MagneLine, a polymer cement mortar to reinforce, repair, or protect metal and concrete structures such as bridges, Permeate, a very unique paint-sealer for metal and concrete, and GREEN-DRI, a revolutionary wood dryer (dry kiln), biologically drying with much less energy.
Forward Looking Statements:
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the PinkSheets and others.
Could be a shell play, by now.
i'll take 3mill over nothing for the last month.....
not much happen'in.
is there still life in this one? 3mil out today....
Tried to sell with market orders and no takers so I will just hold it forever until something happens I guess.
Yes. Kidding.
Sorry to hear you're still tied up in this.
I hope you are just kidding right? GSHN in big trouble wont be around much longer in my opinion. Sucks because I have lots of money tied up in this thing
SEC Suspends Trading in the Securities of Greenstone Holdings, Inc.
On June 18, as part of its Anti-Spam Initiative, the Securities and Exchange Commission ordered the temporary suspension of trading in the securities of Greenstone Holdings, Inc. (Greenstone), commencing at 9:30 a.m. EDT on June 18, 2008, and terminating at 11:59 p.m. EDT on July 1, 2008.
The Commission ordered this trading suspension because of questions that have arisen regarding the adequacy and accuracy of publicly disseminated information concerning, among other things, Greenstone's current financial condition, management, business operations, and/or promoting activity in the company's stock.
The Commission cautions brokers, dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by Greenstone.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not it has complied with the rule, it should not enter any quotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 551-5760. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, it should refrain from entering quotations relating to the securities of Greenstone until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation that is in violation of the rule, the Commission will consider the need for prompt enforcement action.
I am shocked.
SHOCKED, I tell ya!
Mr. Sal Miwa, CEO of the Company has also reported that the Company did not receive any revenue during the second quarter of 2009.
SOURCE: Greenstone Holdings, Inc. (OTCPK: GSHN)
2009-08-13 00:00:00
Greenstone (OTCPK: GSHN) Announces Financial Results and Contemplated SEC Action
NEW YORK, (eMediaWorld) August 12, 2009 Greenstone Holdings, Inc. (OTCPK: GSHN) announced the financial results from the year ending December 31, 2008 and the quarter ending March 31, 2009, copies of which are part of this release. Mr. Sal Miwa, CEO of the Company has also reported that the Company did not receive any revenue during the second quarter of 2009.
In addition to the financials, the Company announced the receipt of the Wells notices from the staff of the Securities and Exchange Commission. The Wells notices relate to alleged violation of Section 5(a), 5(c), and 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 by the Company and also by Mr. Miwa. Mr. John Frohling, the counsel to the Company stated, “We do not believe the Company violated any SEC laws and regulations, but we fully intend to cooperate with the SEC to resolve this matter.”
About Greenstone Holdings, Inc.
(www.egreenstone.com) Greenstone is in the business of providing a variety of “GREEN” chemical technologies that are primarily used in the building and construction industry. The Company's first brand name product, Greenstone®-GS (previously known as GreenShield), offers moisture protection to wood based building materials and others such as lumber, logs, plywood, drywall, windows, doors, railroad ties, fencing, and utility poles. It also offers added fire retardancy to the material it is applied to. Greenstone also exclusively distributes MagneLine®, a polymer cement mortar to reinforce, repair, or protect metal and concrete structures such as bridges, Permeate™, a very unique paint-sealer for metal and concrete, and Green-Dri™, a revolutionary wood dryer (dry kiln), drying faster but very inexpensively and cleanly.
Forward Looking Statements:
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the PinkSheets and others.
Financials available at: http://www.emediaworld.com/uloads/GSHN-10K08-v90807.pdf
Financials available at: http://www.emediaworld.com/uloads/GSHN-Q1-09-v90807.pdf
And I heard a rumor
that they signed an MOU
to do an LOI
for a THIRD!
LOL
Don't forget, they did sell two hard hats
Didn't you know they already collected a paycheck from this shell game.
LOLOLOLOLOL
What a hoot.
The only positive(?) from the last two years is that the four lines they will still "carry" have had no sales and none are expected for the rest of the year?
Why even bother to continue staying in "business"?
And for what are they collecting a paycheck? That is, if they're putting any time in to run the company in order to expect a paycheck.
Just declare it a shell and get it over with!
Greenstone Holdings, Inc: Greenstone Holdings, Inc. (OTCPK: GSHN) Additional Company Update
Tue. July 21, 2009; Posted: 12:35 PM
Are you looking to increase your ETF knowledge?
Jul 21, 2009 (M2 PRESSWIRE via COMTEX) -- GSHN | Quote | Chart | News | PowerRating -- NEW YORK, July 21, 2009 -- Mr. Sal Miwa, CEO of Greenstone Holdings, Inc. (OTCPK: GSHN | Quote | Chart | News | PowerRating) presented the following list of updates, in addition to the one made on May 18.
As stated on December 1, 2008, the Company continues to focus on four main product lines, Greenstone - GS (formerly Greenshield) wood sealer, MagneLine polymer cement mortar, PermeateTM paint/sealer, and Green-DriTM wood dryer. The Japanese manufacturers and Licensors of MagneLine, Permeate, and Green-Dri are continuing to support the CompanyaEUR(TM)s U.S. efforts and we are hoping to be able to start generating revenue from these product lines later this year. However no sales have developed from any of these products thus far.
Mr. Miwa also explained regarding the status of previously reported relationships.
Since the Company has decided to focus on the four core product lines as mentioned before, the Company no longer has a relationship with ANZ Environmental Development Company, the manufacturer of ANZ Ceramic Coating, nor M-Tec Co., which manufacturers Crystal-Guard both of which companies had previously agreed to have Greenstone represent their products in the U.S.
Mr. Miwa also announced that Messers. Sal Cortorillo and Michael Tull have resigned from the Board of Directors during the last year but the Company expects to appoint two new directors and will be interviewing candidates within the coming months.
With Mr. TullaEUR(TM)s resignation from the board, Tull Sales, referred to in the CompanyaEUR(TM)s release of October 26, 2006 no longer serves as Greenstone-GS sales representative in the southeastern United States. Currently, southeastern United States area is served by En-Viroguard ,an authorized Greenstone distributor. Again no sales have been made this year.
Previously we announced that the Company had an aviation industry sales representative, Sheppard Global. Unfortunately, due to various reasons, Sheppard Global has closed its operation in late 2008 and the Company presently has no representation in the aviation field.
The Company continues to discuss with ECORail of Michigan referred to in GreenstoneaEUR(TM)s releases dated February 21, February 27 and March 7, 2007, the purchase of Greenstone-GS for the treatment of railroad ties but no sales have developed in 2009.
The Company received payment in 2008 for one drum of Greenstone-GS for testing purpose, however, the Company is holding the drum in the storage waiting on their shipping instruction, referred to in GreenstoneaEUR(TM)s releases referred to above.
Bay Tree Technology in Tennessee, with which the Company had a supply agreement in 2007 referred to in the CompanyaEUR(TM)s releases of February 21, and March 6, 2007, for use of Greenstone-GS wood products did not produce any sales and the Company terminated this relationship.
Affordable Housing Solutions (AHS) in Florida, placed an evaluation order for Greenstone-GS in early 2007 referred to in GreenstoneaEUR(TM)s release of February 22, 2007, but shortly thereafter AHS ceased its operations prior to the shipment of the product.
In early 2007, referred to in the CompanyaEUR(TM)s release of March 14, 2007, the Company delivered 500 gallons of Greenstone-GS to Lucedale Forest Products in Mississippi. However, because the Company not meeting the buyeraEUR(TM)s requirements, the order was canceled and Lucedale returned the chemical. The Company is attempting to reactivate this relationship but there is no indication that this Company, a manufacturer of fence posts in Mississippi, will agree to reactivate the account.
About Greenstone Holdings, Inc.
(www.egreenstone.com) Greenstone is in the business of providing a variety of aEURoeGREENaEUR chemical technologies that are primarily used in the building and construction industry. The Company's first brand name product, GreenstoneA(R)-GS (previously known as GreenShield), offers moisture protection to wood based building materials and others such as lumber, logs, plywood, drywall, windows, doors, railroad ties, fencing, and utility poles. It also offers added fire retardancy to the material it is applied to. Greenstone also exclusively distributes MagneLineA(R), a polymer cement mortar to reinforce, repair, or protect metal and concrete structures such as bridges, Permeatea"c, a very unique paint-sealer for metal and concrete, and Green-Dria"c dry kiln for drying wood faster but very inexpensively and cleanly.
Forward Looking Statements:
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the PinkSheets and others.
CONTACT:
DIY has a special on wood coating companies that actually exist.
So, in essence, nothing's changed. ( :
Or ever will.
Except for maybe a R/S.
Hmmmm....a R/S while under SEC investigation and trading on the Greys?
That may have to wait. lol
Sorry for the delay, I was out of posts.
Dear friends,
Here is the press release gone out a few minutes ago. FYI
http://www.emediaworld.com/press_release/release_detail.php?id=417415
********************
Inquiry Team
********************
Greenstone Holdings, Inc.
35 Journal Square, Suite 481
Jersey City, NJ 07306 USA
www.egreenstone.com
This communication including any attachment is intended only for the use of the individuals or entities to which it is addressed and may contain information that is privileged, confidential, and exempt from disclosure under applicable law. If the reader of this communication is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you receive this communication in error, please notify us immediately by email or telephone and delete it from your computer system (and backups) and destroy any copies made. Thank you.
What email is that? Could you post it? tia
He needs is, since they have had 0 sales. I take it you got the email too?
Sal is requesting from Bailout Barack $25 billion.
And a thousand more to cover the commission. lol
It will cost you more to buy it, than it is worth.
you need 9 more pennies to buy 1000
I think I may buy 1,000 shares, I just found a penny under my sofa cushion.
Better yet, a shell.
Oh, wait. They may already BE one.
But a shell on the greys isn't worth anything. ) :
They should just become a printing company.
I doubt they'll survive, actually.
Surprised they bothered to update the website, in fact.
Guess they still want to try and sell shares, since they can't seem to sell product.
That is the problem, no one is on them. Of course, that does not matter, because they do not care about the share holders that kept them in business while they were selling nothing.
The only reason I still have it, is because I did not get my "junk stock" paperwork turned in on time in December.
LOL Pretty funny.
I doubt anyone else bothered to contact them lately.
Start at the bottom and read up. This is the reply to the email I sent on 2/17/09.
We will be taking you off the mailing list.
Thank you
********************
Inquiry Department
********************
Greenstone Holdings, Inc./Greenstone Inc. of Delaware
35 Journal Square, Suite 481
Jersey City, NJ 07306 USA
Main 877-387-3330 Fax. 646-304-2439
www.egreenstone.com
-----Original Message-----
Sent: Wednesday, February 25, 2009 1:06 PM
To: inquiry@egreenstone.com
Subject: Re: Greysheets
When you produce sales, you can send me this nonsense. Otherwise, please do
not waste my time.
Greenstone Inquiry Dept wrote:
> > Here is an update, please visit http://www.egreenstone.com/news.php
> >
> > ********************
> > Inquiry Department
> > ********************
> > Greenstone Holdings, Inc./Greenstone Inc. of Delaware
> > 35 Journal Square, Suite 481
> > Jersey City, NJ 07306 USA
> > www.egreenstone.com
> >
> > -----Original Message-----
> >
> > Sent: Tuesday, February 17, 2009 1:31 PM
> > To: inquiry@egreenstone.com
> > Subject: Greysheets
> >
> > You should update the website, the stock has been a grey sheet stock
> > since last year and nothing is being done for the investors.
Nope. Lay it on us! LOL
Anyone else get the BS email release?
Oh, be STILL my heart! LOLOL
New York, January 15th, 2009 – Greenstone Holdings, Inc (OTCPK: GSHN)
announced today that the Company and Messers Lopez and Griffin, pervious owners and
the executives of the Company’s inactive Anytime Anywhere disaster restoration service
subsidiary, Anytime Anywhere Restoration Inc., settled a lawsuit pending in Supreme
Court of the State of New York The settlement resolves a dispute between Messers Lopez
and Griffin and Greenstone over acquisition and management of the Anytime Anywhere.
No financial terms of the settlement were disclosed, but Mr. Miwa, CEO of Greenstone,
reported that the settlement is greatly beneficial to the Company reducing its liabilities by
more than $800,000.
Hey there website has been updated
http://www.egreenstone.com/news.php
Gawd this POS is distinct huh, you think it will ever come back to life????? i would give this away if i could!!!!!!!!!!!
Sorry, it was a general comment for anyone that wanted information if it ever comes out.
I'm not and never was, invested in GSHN, 829.
Send them an email with questions about why they are not doing anything to boost shareholder value or demand information about the public company in which you are a partial owner. They will not reply to you, but you will then be placed on their mailing list and get news when it comes out.
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Company info
Incorporated in the state of Florida in November 2000, Greenstone Holdings, Inc.(OTC Pinksheets GSHN) is headquartered in New York City.
Greenstone is in the business of providing a variety of unique chemical technologies that are primarily used in the building and construction industry. The Company's first brand name product, GreenShield™, offers a "green" solution to protect wood based building materials and other products lncluding lumber, logs, plywood, drywall, window, door, railroad ties, fencing, and utility poles from moisture and fire. The $25 billion water damage market is one example of many which GreenShield sealer can find a niche in. Greenstone also distributes Green-Dri™, revolutionary biological dry kiln for drying wood, Permeate™, a very unique chemical sealer for metal, concrete, and other construction material, MagneLine ®, a very strong polymer cement mortar to reinforce metal and concrete structures such as bridges and highways, Crystal-Guard™ an asbestos encapsulant which will also enable economical detoxification of removed asbestos, Anz Ceramic Coating ™ , a coating to reflect sun's ray.
The Company's sales distributions are segmented into the following three main areas:
1. Distributor Network
Applicators (Dealers) to apply GreenShield on buildings
2. Direct Sales Network
Building & Construction Material Manufacturers
Prefab Building / Log Home Manufacturers
Sawmills / Wood Treaters
Construction Companies
Power & Oil Companies
Government Agencies (DOT's, etc)
3. Partnership
ECORail Products: Railroad Industry (GreenShield)
Sheppard Global: Aviation Industry (Permeate)
Currently, GreenShield chemical is produced at the Company's blender location in Jonesboro, AR. Permeate is produced by D&D Corp.in Yokkaichi, Japan, MangeLine is produced by Magne Corp. in Fukuoka, Japan, Crystal-Guard is produced by M-Tec Co.Ltd. in Sakai, Japan, Anz Ceramic Coating in Hiroshima, Japan, and Green-Dri is produced by Nippon Funen Mokuzai Co. in Macksburg, OH. The Company also has a storgage facility in Jersey City, NJ.
Greenstone presents
GREENER & CLEANER FUTURE
Due to public perception, most people are surprised to learn the following facts:
The Continent that boasts the world's largest per-capita wood consumption is NORTH AMERICA.... yet our forests cover approximately the same area of land as they did 100 years ago. According to the United Nations, our forests have expanded by nearly 100 million acres over the past decade....wood is and has been a truly sustainable natural resource.
Cutting down an old tree will result in a net reduction of carbon dioxide as long as it is replaced by a young tree. An old tree consumes less carbon dioxide than a younger tree....a well managed forest will help reduce Green House Gas Emissions.
We are all GREEN
Greenstone's products are all "GREEN" products.
GreenShield™ will help create a "Greener" world environment by utilizing sustainable natural resources and will reduce our reliance on fossil based products. Permeate™ and MagneLine ® will help reduce landfill build-up by making building last longer, and by saving lives at the same time. Green-Dri™ will reduce the amount of energy usage and wood waste. Crystal-Guard™ will make building safer from asbestos and reduce energy usage for disposal. Anz Ceramic Coating™(ACC) will reduce the amount of air conditioning electricity usage by keeping buildings and vehicles cooler. Also, ACC can make the people more productive, like HERU-met™, a ACC coated hard hat by keeping worker's head cooler and safer.
Products
Our product lines are all unique, innovative, and "Green". Our products cover a wide range of applications in the building and construction industry:
GREENSHIELD: Protects Wood from Weather and Fire
PERMEATE: Sealers & Paints to protect Metal and Concrete Structures
MAGNELINE: Repairs, Reinforces, and Protects Metal-Concrete Structure
GREEN-DRI: Dries Wood Much Faster than conventional method
CRYSTAL-GUARD: Makes Asbestos Harmless
ANZ CERAMIC COATING: Reflects 90% of Sun's heat
FIRE-PRUF: Makes Wood Non-Flammable
HERU-met: Reflects off the sun's heat rays/ Does not retain heat/ A Cool head = More productivity
http://www.egreenstone.com
http://www.egreenstone.com/news.php
http://www.egreenstone.com/documents/FactSheet-80326.pdf
VIDEO DEMONSTRATION >>> http://www.youtube.com/user/Egreenstone
Qaurterly Report Mar 31, 2008
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=14934
CEO INTERVIEW >>> http://www.egreenstone.com/GSHNceoCorner02-21-08R1.mp3
Background info on the CEO
Prior to joining Greenstone in 2004, Mr. Miwa was Chief Operating Officer and a Director of RealRead Inc., an online document service provider in New York, San Jose, and Tokyo. The RealRead document service is used by book & magazine publishers and others. He has also been on the Board of Advanced Environmental Recycling Technologies, Inc. (AERT), a NASDAQ listed wood composite decking manufacturer in Arkansas since 1994. Mr. Miwa has served as Chairman of the Board for three years and Vice Chairman for 6 years. AERT's ChoiceDek and MoistureShield decking products are sold throughout Lowe’s 1,500 stores. In addition, he holds board memberships at a number of private corporations around the world. In the past 25 years, he was instrumental in forming several start-up companies in various fields from commercial real estate, to injection mold manufacturing, to importing fiber telecommunication equipment and has successfully managed these companies. Mr. Miwa holds a Bachelor of Science Degree in Aeronautical Engineering from Embry-Riddle Aeronautical University and a Master Degree in Aeronautics and Astronautics Engineering from Massachusetts Institute of Technology.(MIT)
Estimated Market Cap
81.39k as of oct 30, 2008
Outstanding Shares: 813,860,121 as of aug 25, 2008
Authorized Shares
2 billion as of may 12, 2008
Float
317,500,014 as of aug 25, 2008
Transfer Agent
Corporate Stock Transfer, Inc.
3200 Cherry Creek Drive South
Denver, CO 80209
303-282-4800
Investor Relations Contact
M&M Investors Relations
Dominic Martinez
Toll Free: 866-508-2092
Direct: 719-784-2092
dominic@mandminvestorrelations.com
INFORMATION
info@egreenstone.com
Greenstone Holdings Inc.
Greenstone Holdings Inc.
35 Journal Square, Suite 481
Jersey City, New Jersey 07306
Phone: 877-387-3330
Fax: 646-304-2439
E-mail: inquiry@egreenstone.com
Disclosure Category
Limited Information
Business Indicator
Development Stage Company
Primary SIC — Industry Classification
2400 - Lumber & Wood Products (No Furniture)
State Of Incorporation
FL
Jurisdiction Of Incorporation
USA
Year Of Incorporation
2000
GREENSTONE TEAM
H.SAL MIWA, ACTING CHIEF EXECUTIVE OFFICER, CHAIRMAN
DARRELL KELSOE, CHIEF TECHNOLOGY OFFICER, SR.VP., DIRECTOR
Outside Board of Directors
SAL A. CORTORILLO, VICE CHAIRMAN
MICHAEL TULL
JIM TYE
Advisory Board
JOHN SQUIRES
ROBERT D. LLORENTE, CIE, CMR
CLIFFORD E. WOODWARD, P.E.,
DAVE T.CROW
JAMES H.CULP, Ph.D
Market Overview
Followings are some of the statistics on various markets, Greenstone products are targeting:
Moisture Damage and Others: Water/Mold/Mildew/Rot/Decay/Termite
Back in 2002, even before hurricanes Katrina and Rita, the total amount of homeowners’ insurance claims nationwide for water damage, which includes ones from mold and freezing, was over $25 billion. The termite damage claims were approximately $11 billion.
Fire
According to U.S.Fire Administration (a part of FEMA), in 2006, 1.6 million fires were reported with direct property loss estimated to be $11.3 billion. 3,245 civilians and 106 fire fighters lost their lives.
Housing
According to U.S.Census Bureau, 1.98 million new homes were built in 2006. However, for 2007, it is expected to drop to 1.52 million. As for the existing housing, the number of total U.S. house hold was 108,871,000 in 2005 which includes moble homes and apartments. The Average Square Feet of Floor Area in New One-Family Houses Completed for 1976 was 1,700, for 1986 was 1,825, for 1996 was 2,120, and for 2006 was 2,469, increasing steadily over the years.
Log Homes
According to NAHB (National Association of Home Builders) and Log Homes Council, there are more than 500,000 log homes in the United States and more than 90% are used as primary residences. In the mid-1980's about 7,000 log homes were sold a year. Currently, that figure is over 25,000. There are more than 500 log home manufacturers and more than 2,600 builder/dealers in the U.S. and Canada. U.S. production of log homes represents 7% of custom home construction in the U.S. The typical log home has over 2,000 square feet of living space compared to 1,100 square feet 15 years ago.
CCA Treated Wood
For over 50 years, CCA (Chromated Copper Arsenate) was used as a preservative to treat wood in the United States. However, due to known carcinogens, Arsenic, CCA has been banned from residential use since the end of 2003. The most of these treated lumbers are used on decks. with 46% of US homes having a deck (Coatings World Feb '08). Out of all these decks, 2 to 3 million existing decks are estimated to contain CCA treated wood which translates into somewhere between 600 and 900 million square feet of decking surface. In addition to decking, there are other CCA treated wood products out there exposing people to possible health risks, including many children such as using wooden playground equipment.
Plywood Wood & OSB (Oriented Strand Board)
According to the Engineered Wood Association (APA), North American structual wood panel (plywood and OSB) production is expected to total 40.2 billion square feet (3/8 inch thickness basis) for year 2007 down 2.2 billion square feet from 2006 and 2.9 billion from the record mark 43.1 billion in 2005. (Note: On average 400 square feet of surface can be sprayed with one gallon of GreenShield. The current suggested retail price of GreenShield is $70 per gallon)
Railroad Products (Cross ties, freight car decking, etc.)
Over 90% of all railroad ties are still wooden and approximately 20 million railroad ties are produced in the United States each year to replace aging cross ties. Environmentally damaging Creosote is still being used to treat most of cross ties, and an alternative chemical has been seriously sought out to replace the existing Creosote process. In some markets, Creosote usage has been banned and cross ties are not being treated which reduces their usage to only 3 years or less. For decades, railroads spent little on expansion, even tore up surplus track and shrank routes. But since 2000, they have spent $10 billion to expand tracks, built freight yards and bought locomotives, and they have $12 bilion more in upgrade planned. Because of the oil (gas) price surges in recent years, railroads are cutting into the business of the two million long-haul freight trucks in the US., which account for 350 million shipments a year. Railroads have also found friends among environmentalists, who see moving freight by train rather than truck as a way to reduce fuel burning and emissions. (WSJ 2/13/07).
Windows & Doors
In 2005, more than 70 million windows were sold in the United States and about 40% of that were wooden ones. Out of $30 billion Window & Door market, wooden windows and doors also acount for approximately 40%, $12 billion.
Dry Kilns
According to United Nation's Economic figures for 2006, approximately 66 billion board feet of sawn wood were produced in the North America. More than half of those need to be kiln dried by approximately 10,000 existing dry kilns.
Corrosion
According to the Federal Highway Administration's 2001 report, the total direct cost in the US from corrosion is estimated to be $276 billion per year. Of that, $8.3 billion was spent on highway bridges and $2.2 billion was spent on aircraft. Also, 2001 GAO study on corrosion cost for the US military estimatesto be approximatelty $20 billion.
Galvanized Steel
According to American Galvanizer Association, 3.1 million tons of galvanized steel was produced in 2006. Average galvanized surface area per ton of steel is 250 ft2 according to a NACE Paper. Therefore, the potential surface area for Permeate is approximately 800 million Square Feet per year.
Bridges
According to the Federal Highway Administration, there are 586,000 bridges in the United States and approximately 1/3 of that are in need of repair or replacement.
Concrete
According to the Concrete Construction, November 2005 article, the concrete construction cost in the US was $109.6 billion in 2004 and 484 million cubic yards of ready mixed concrete was produced.
Earthquake
The U.S. Geological Survey (USGS) estimates that several million earthquakes occur in the world each year. According to CUREe (California Universities for Research in Earthquake Engineering), the 1994 Northridge Earthquake in California, which registered 6.7 on the Richter scale, caused $40 billion in property loss. USGS shows that we experienced fifty-five earthquakes with magnitudes of six or higher between year 2000 and 2007 in the United States and 1,263 around the world. The State of California experienced approximately 75 percent of the nationa's seismic activity. The number of these large quakes have stayed relatively constant and not on increase, according to USGS.
Asbestos
Asbestos is a naturally occurring mineral fiber that has been used in more than 3,000 different construction materials and manufactured products. It is commonly found in heating system insulation, decorative spray-on ceiling treatments, vinyl flooring, cement shake siding and a variety of additional materials. Some asbestos-containing materials were still being installed into the late 1980s.All types of asbestos tend to break into very tiny fibers. These individual fibers are so small that many must be identified using a microscope. In fact, some individual fibers may be up to 700 times smaller than a human hair. Because asbestos fibers are so small, once released into the air, they may stay suspended there for hours or even days. Asbestos fibers are also virtually indestructible. They are resistant to chemicals and heat, and they are very stable in the environment. They do not evaporate into air or dissolve in water, and they are not broken down over time. Asbestos is probably the best insulator known to man. Usually asbestos is mixed with other materials to actually form the products. Floor tiles, for example, may contain only a small percentage of asbestos.The asbestos content of different materials varies according to the product and how it is used. Among those materials with higher concentrations of asbestos are insulation products on heating systems and the backing on sheet vinyl flooring. However, an uncontrolled disturbance of any asbestos-containing material in any concentration may be dangerous to your health!
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