Ballad of the big Greene share printing machine and available suckers.

They were losing money during the last quarter trying to sell to Lowe's Foods.
Wal-Mart will take their pound of flesh out of GC and demand another pound.

Are you sure? A small water shack in NC will be worth over $ 600 million?

The company has no other assets except the water shack.

If you search "artesian water" on Amazon, it shows the water sales for the past month.

https://www.amazon.com/s?k=artesian+water&crid=2M15KJ8O1Z5VW&sprefix=artesian+water%2Caps%2C271&ref=nb_sb_noss_1

Let it be - purchased for $0.0023 in NY while others pay full retail price.

Let it be - dumped by those in NY purchasing for $0.0023 on those that will purchasing for $0.0050.

Let it be - diluted!

The price used to be $0.13.

Not as much as Lenny's Capital Laundry Emporium.

What is the big deal? Just going by the fins released by the company and their burn rate going back a couple of quarters.

THEY ARE JUST ABOUT FREAKING BROKE!

Lenny thinks he can run 1990s style Pinksheets scams in a 2023 investment environment.

Dude is flat out wrong.

The CEO lied about the audit for two freaking years.

The company mentioned in the original "audit" PR, Slack and Company, is out of business and
now is a trucking company.

This was nothing more than a scam.

There are small companies out there that don't even have 24 million outstand shares.

GC drops that amount in one day.

The CEO is currently selling shares for $0.0023 to friends and family in NY.

Are you saying the company is worth more than $0.0023?

Why are you saying this if the CEO isn't?

The insiders can (and have the authorization) add 6,000,000,000 common shares at the time of their choosing.

This is freaking clown world if anyone thinks this is nothing more than just another Pinksheets scam.

No, the prospects of an R/S will grow as the ticker appears to have run out of pumped gas.

Lenny already did a massive R/S for INKW in 2015, so it isn't like this would be new.

No, I think they were part of the scam because they are now out of business as an auditing firm.
https://slackandcompanycpas.com/

Funny how they went from being an auditing firm to now being a trucking company. Is this normal for an auditing firm?
https://www.quicktransportsolutions.com/truckingcompany/florida/slack-company-usdot-2987544.php

The domain linked in the PR to Slack and Company is now literally for sale on GoDaddy.

This is the original PR from Lenny...
https://www.otcmarkets.com/stock/INKW/news/Greene-Concepts-Hires-Auditing-Firm-Slack--Company-CPAs-LLC-to-Audit-the-Companys-Financials-in-Preparation-for-Uplist-t?id=301484

GC operates a water plant with set bills and needs to sell a set amount of water monthly to break even.

A beverage company bragging about filling individual purchase orders or even a few truckloads doesn't mean anything because those POs are needed to pay the bills.

Complete clown world if anyone thinks that this is how a beverage plant business operates.

I see the dude with multiple accounts has returned.

Lenny's check finally cashed?

Greene Concepts Announces Agreement with Lunchbox Distribution, LLC to Distribute its Happy Mellow CBD Immune Support Beverage to Over 1,500 U.S. Retail Locations Press Release | 08/23/2022

We will prominently display Happy Mellow on our Lunchbox Distribution webpage for consumer purchase along with our wholesale ordering page, so stores can place their orders with us and have Happy Mellow shipped directly to their retail location."
https://www.otcmarkets.com/stock/INKW/news/Greene-Concepts-Announces-Agreement-with-Lunchbox-Distribution-LLC-to-Distribute-its-Happy-Mellow-CBD-Immune-Support-Bev?id=369836

This PR was released in August last year and was a lie. They haven't added Happy Mellow to either website, and there haven't been any more mentions of the "1500" stores.

Lunchbox Distribution website
https://enjoyhemp.co/shop-by-category

Wholesale ordering page
https://lunchboxdist.com/wholesale-ordering/

The offering states that they could dilute up to 2.5bil new shares. People who run small little water shacks in NC who have already subdivided their company 2.1bil times and plan for an additional 2.5bil sub-divisions are not serious people. What would the earnings per share be on 4.6bil shares even if they had $10mil in revenue in 2024?

Answer: 0.0021739130434783 per share

comedy!

https://capedge.com/filing/1585380/0001683168-23-001929/INKW-1AA/file/2

It is my superpower!

You are correct...

Summary Compensation Table



The following table sets forth the annual compensation of each of the three highest paid persons who were executive officers or directors during our last completed fiscal year:



Name Position Cash Compensation Other Compensation* Total Compensation
Leonard Greene Chief Executive Officer, Director $84,000 $0 $84,000


Employment Agreements



The Company has entered into the following employment agreement that we believe is material to our business:



Leonard Greene



Effective as of November 19, 2019, we entered into an employment offer letter with Mr. Leonard Greene. Pursuant to the terms of the offer letter, Mr. Greene is appointed as the Chief Executive Officer of our company. His duties include the general management of the affairs of our company, together with the powers and duties usually incident to the office of chief executive officer. His monthly compensation is $7,000. He is eligible to participate in the standard benefits plans offered to similarly situated employees of our company. He is also eligible for annual bonuses at the sole discretion of the Board of Directors. The agreement may be terminated at any time by either party with or without cause or advance notice.

https://capedge.com/filing/1585380/0001683168-23-001929/INKW-1AA/file/2

As crystal clear as ever, Weedman. :)

Even the weed-ster has been holding back some as of late.

Weed, you have been here a pretty long time.

Would you say that the new offering being made is in the best interest of shareholders or the best interest of Lenny Greene? What is with the two bonus shares in the form of warrants that can mean free money if the price goes over $0.01 again?

Do public companies often offer bonus shares to investors?

This is comical.

New GC offering: 3 shares/rights to 2 more shares for $0.007.

https://capedge.com/filing/1585380/0001683168-23-001929/INKW-1AA/file/2

You are correct. I didn't read parts II and III. Lenny's friends and family in New York and Indiana will pay $0.0023 per share.

Up to $13,500,000

500,000,000 Units

$0.007 PER UNIT

Each Unit consisting of 3 Shares of Common Stock and 2 Warrants exercisable at $0.01 per Warrant. 1,000,000,000 Shares of Common Stock to be issued upon Exercise of Warrants

https://capedge.com/filing/1585380/0001683168-23-001929/INKW-1AA/file/2

It looks like Lenny is trying to dilute 500mil new shares at $0.007 to his friends
and family in New York and Indiana.

https://capedge.com/filing/1585380/0001683168-23-001929/INKW-1AA

If anyone pays more than $0.007 for a share in the near future, you are paying more than Lenny's friends are paying.

Name of Auditor (if any)
William Hudgens and Company LLC

Is this some strange way to spell Slack and Compay? Perhaps Slack and Company were dropped without any fanfare?

"55 Amazon Fulfillment Centers nationally (up from 27 Amazon fulfillment centers at the start of 2022). At Amazon, it has doubled its presence after selling out on its first day at this online retail monster."

The revenue was cut in half during the last two reporting periods.

Lenny is blowing Greene smoke up his arse with this one.


Product details
Package Dimensions ? : ? 14.03 x 10.5 x 8 inches; 28.65 Pounds
UPC ? : ? 860002939117
ASIN ? : ? B08QF9CB9L
Best Sellers Rank: #57,128 in Grocery & Gourmet Food (See Top 100 in Grocery & Gourmet Food)
#180 in Mineral Drinking Water

The problem is that the BeWater simply doesn't belong with the other true national brands because all of them have a national advertising footprint. The national advertising footprint helps to mentally justify the inflated cost of the 6-pack of water.

This is dumb, you can't just chunk 6-pack of random water on a shelf with nationally known brands and expect them to sell. Either GC or the distributor is probably paying a slotting allowance for space rental and nobody keeps paying for space that doesn't generate sales.

It is probably in the $4.99 to $5.99 range because all of those shrink-wrapped six-packs are overpriced. It is quite strange that the price is missing and wasn't referenced in the tweet.

I couldn't find it on the Lowe's foods website either
https://shop.lowesfoods.com/search?searchTerms=be%20water

It is probably in the $4.99 to $5.99 range because all of those shrink-wrapped six-packs are overpriced. It is quite strange that the price is missing and wasn't referenced in the tweet.

I couldn't find it on the Lowe's foods website either
https://shop.lowesfoods.com/search?searchTerms=be%20water

You left out that Lenny mentioned that Be Water could reverse the aging process.

Business success is excellent. Many beverage companies will attempt to sell beverages and fail at it. GC is simply going to be one of those companies due to their unseriousness about turning a profit from selling well water.

The plant and surrounding grounds (with the best water in the universe trapped in wells) sat dormant for several years between owners. The land will soon switch owners again and probably sit dormant again.

Why? Because most people living in the general area of the plant use the same well water that GC uses to bottle their product, and there is nothing special about it.

According to this article, the average convenience store in America generates about $4mil in annual revenue.

According to a 2018 industry report, 153,237 convenience stores are operating in the U.S. These stores generated $616.3 billion in sales for an average of nearly $4 million per store.

https://smallbusiness.chron.com/average-gross-revenue-convenience-store-35712.html

Why can't GC, with its "national footprint" of 15 different SKUs, generate the average annual revenue of a single convenience store? Why does anyone invested in this 4-year-old "water company" expect anything less at this point?

Greene Concepts Inc Completes Acquisition of Mammoth Ventures Inc and its 60,000 sq ft Bottling Facility to Focus on CBD, pH Balanced and Other Enhanced BeveragesPress Release | 02/07/2019

They have had 4 years and are still trying to find a way to not have point of production costs of around 75% of revenue and can't keep revenue steady.

FOUR FREAKING YEARS!

Expansion is also supposed to include an increase in revenue, even if it doesn't mean an increase in net profit.

That PR bragged about Happy Mellow being in 1500 new stores.

Greene Concepts Announces Agreement with Lunchbox Distribution, LLC to Distribute its Happy Mellow CBD Immune Support Beverage to Over 1,500 U.S. Retail LocationsPress Release | 08/23/2022

Demand Drives Greene Concepts E-Commerce Store to Expand Line of BE WATER Branded Merchandise Press Release | 08/26/2022

Greene Concepts’ Be Water Now Sold In All Florida Turnpike Service Center LocationsPress Release | 09/08/2022

All of this is happening, and supposedly they are still selling the BeWater at Amazon and Camping World.

Revenue has gone down drastically since the PRs were released months ago.

I stand by my post.

Because the company doesn't actually care about taking steps to be profitable.

GC should immediately stop expanding the BeWater/Happy Mellow footprints. The more they expand, the less money they seem to make.

Brian Adkins, Greene Concepts Sales Consultant, notes, We have worked aggressively to achieve the first large-scale grocery distribution deal for BE WATER. MDI and Lowes Foods are fantastic partners and I am very pleased that they see the value in bringing on our BE WATER six-packs. It takes time to secure retail relationships and share with distributors and retailers the benefits of BE WATER and its appeal to consumers. We have been able to secure both accounts resulting in the aggressive movement of BE WATER production and distribution. This is a significant step forward for us all.

Brian Adkins continues, We have almost tripled Greene Concepts footprint of BE WATER throughout the country to bring the total store count of BE WATER to over 800 stores nationally. The availability of six-packs increases the entry point for consumers to purchase BE WATER at a reduced cost. Because of MDI and Lowes Foods, BE WATER will be seen and purchased by a larger audience before the end of April and I could not be happier for the company, our customers, and especially for Greene Concepts shareholders. Thank you for continuing to believe in us and in our progression together.

Three Months Ended January 31, 2023
TOTAL REVENUE 143,245
https://www.otcmarkets.com/otcapi/company/financial-report/361616/content


Three Months Ended October 31, 2022
TOTAL REVENUE 292.072
https://www.otcmarkets.com/otcapi/company/financial-report/355437/content

Also,

Greene Concepts Announces Agreement with Lunchbox Distribution, LLC to Distribute its Happy Mellow CBD Immune Support Beverage to Over 1,500 U.S. Retail Locations - Press Release | 08/23/2022

Jordan Shidlofsky, Lunchbox Distribution’s Co-CEO and Sales and Marketing Director, notes, “Our Lunchbox full-time sales staff will utilize Greene Concepts’ Happy Mellow sales documents and other material to garner interest from retailers we already have strong relationships with and that presently carry our other products. We will prominently display Happy Mellow on our Lunchbox Distribution webpage for consumer purchase along with our wholesale ordering page, so stores can place their orders with us and have Happy Mellow shipped directly to their retail location.”

https://www.otcmarkets.com/stock/INKW/news/Greene-Concepts-Announces-Agreement-with-Lunchbox-Distribution-LLC-to-Distribute-its-Happy-Mellow-CBD-Immune-Support-Bev?id=369836

Anyone see any Happy Mellow product featured "prominently" on the Enjoy Hemp website?
https://enjoyhemp.co/

This Happy Mellow PR was from August of Last year. The company took in about $140k less in revenue from Nov 2022 - Jan 2023 than it did from August 2022 - October 2022. Does this mean that Happy Mellow is now selling in 1500 new stores or was this PR a little misleading?


More of that "footprint" expansion by GC.

Lenny Greene, CEO of Greene Concepts, states, “Greene Concepts is proud to announce its partnership with Lunchbox Distribution which helps us to quickly expand our footprint nationally.

It is a line item in the financials. Some poor sucker paid millions for the licensing/branding rights of BeWater. The dumb thing is the investors have no idea about the details of how that deal would have benefited the person shelling out the cash. For all we know, that deal could have basically turned the company over to the person shelling out the millions.

Sale of branding rights - 5,878,000
https://www.otcmarkets.com/otcapi/company/financial-report/361616/content

I guess this grocery store name drop is supposed to cover up the fact that there were $140k less in sales reported this last quarter than there was the previous quarter.

Also,

The company has still not solved their high cost of producing bottled water at the point of production, which is still around 75%.

They were down to $380k in cash at the end of January and that amount is probably much lower than that now.

We have no idea how much they are wholesaling their 6 pack of bottled water to the distributor and zero clues about what their suggested retail price will be. The distributor will probably have to pay for that retail space at Lowes Foods and will dump the Be Water quicker than heck if it isn't selling.

If the company is spending $110k to produce $140k worth of water what does the price point of an unknown six pack of water have to be for GC to turn a profit? Maybe $65 per six pack and that includes an autographed picture of Lenny in full clown costume?


wash, rinse, and repeat


https://www.otcmarkets.com/otcapi/company/financial-report/361616/content



REVENUES: Jan 2023
Sales $ 143,245 $ 135,605 $ 435,317 $ 231,037
TOTAL REVENUE 143,245 135,605 435,317 231,037
COST OF SALES 110.313 109,465 349,235 256,048
GROSS MARGIN 32,932 26,140 86,082 (25,011)



2022 2021
REVENUES:
Sales $ 292,072 $ 95,432
TOTAL REVENUE 292.072 95,432
COST OF SALES 238,921 146,583
GROSS MARGIN 53,151 (51,151)

Looks like a logo for a natural gas company.

Not a logo for a refreshing beverage that can reverse the aging process.

Lenny already pulled a cryptocurrency scam with Inkway Coin

https://bitcointalk.org/index.php?topic=797398.0

The scam is documented on Bitcoin Talk for posterity.