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I'm ready to ride to .25 but this time to keep it sustainable with no drop off.
-Jazz
Hi Tyhub. Good question regarding the colors. I'm not sure what the difference is.
-Jazz
I absolutely agree Pennies. It is taking awhile yes but we'll get there.
-Jazz
Very strange Tyhub. Try the links now. Hopefully they work a little better.
-Jazz
Agreed that more is needed to keep us moving. It does look like the general manager for this Nissan location overseas other Nissan dealerships as well. Hopefully all of those other ones will also take on the Be Water brand too.
-Jazz
I agree Leyland19. That will be great news once we hear more about its finalization and will really drive significant value. We need to hear about more progress on that front. Hopefully we can get more on this from the company in the near future.
-Jazz
No that was not meant to be a response to that post. Only the company can respond to the Fortune 300 company. Hopefully that deal develops legs in the near future and comes to fruition. I would love to see us get into a large grocery chain of some sort.
My repost about today's PR was not a response to anyone's specific posting but rather simply so it could be placed in the stickies to help garner interest in case one does a drive by of this iHub page.
-Jazz
Nissan Automotive Connection -- Greene Concepts Completes BE WATER Purchase Order Agreement with Central Florida's Largest Nissan Automotive Dealer, Sutherlin Nissan of Orlando
https://www.otcmarkets.com/stock/INKW/news/story?e&id=1592155
Newsfile Corp
Marion, North Carolina--(Newsfile Corp. - May 4, 2020) - Greene Concepts Inc. (OTC Pink: INKW) announced today it has finalized a monthly purchase order agreement with Sutherlin Nissan of Orlando, FL, central Florida's largest Nissan automotive dealer. The initial purchase order consists of one pallet or 70 cases of BE WATERTM with 24- 0.5L sized (16.9 oz) bottles in a case. The company will ship its first pallet of BE WATERTM water bottles to Sutherlin Nissan of Orlando this week from the company's recently completed first production run.
Lenny Greene, CEO of Greene Concepts Inc. states, "We are delighted for the opportunity to partner with Sutherlin Nissan of Orlando to share our BE WATERTM brand with a new audience of consumers. Sutherlin treats their customers' wants and needs with the highest priority and is a family-owned business with more than 40 years of experience. We are proud to have them as a business partner as they adhere to the simple philosophy of providing a great customer service buying experience while paying particular attention to complete customer satisfaction."
Mr. Greene continues, we will continue to work on water sales at Nissan dealerships around the USA. "Nissan is a global corporation that showcases the beliefs we hold as a company. As noted in the Nissan Motor Company's 2019 Annual Report, Nissan's vision is enriching people's lives. Nissan's mission is to provide unique and innovative automotive products and services that deliver superior measurable value to all stakeholders. Branding is key and consumers want to associate themselves with a high-performance brand of automobile like Nissan and experience a high-quality brand of bottled water like BE WATERTM. In the future, we will offer Sutherlin Nissan of Orlando additional customization of their water bottles that fit their specific marketing and consumer needs."
The general manager of Sutherlin Nissan Orlando, Mr. U.S. Marine, conveys, "We love the BE WATERTM brand because of its' focus on mindfulness and one's awareness of the present moment. We offer a bottle of water to each customer who shops for an automobile as it gives them a relaxed feeling while they make a purchase decision. This coincides with the tranquil atmosphere we have established at our dealership as we hold the customer experience and their overall satisfaction in the highest regard."
About Sutherlin Nissan of Orlando:
Sutherlin Nissan of Orlando is the LARGEST Nissan dealership in Central Florida! The Sutherlin name has been synonymous with Nissan for over 37 years. In our family we treat our customers wants and needs with the highest priority. We invite you to stop by our dealership and see why we are the largest Nissan dealer in Orlando, Atlanta and Fort Myers! Visit us online at http://www.orlandonissan.com.
Sutherlin Nissan of Orlando
8125 E Colonial Dr
Orlando FL 32817
Sales: (407) 792-3972
Service: (407) 915-0294
About Nissan North America:
In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution, and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program and has been recognized annually by the U.S. Environmental Protection Agency as an ENERGY STAR® Partner of the Year since 2010. More information on Nissan in North America and the complete line of Nissan and INFINITI vehicles can be found online at www.nissanusa.com and www.infinitiusa.com, or visit the U.S. media sites nissannews.com and infinitinews.com.
About Greene Concepts, Inc. and Mammoth Ventures Inc.:
Greene Concepts, Inc. (http://www.greeneconcepts.com) is a publicly traded company. Through its recently acquired wholly owned subsidiary, Mammoth Ventures Inc., the Company has entered into the specialty beverage and bottling business and is an emerging leader in the global scientifically formulated beverage industry.
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT:
Greene Concepts, Inc.
Investor Relations info@inkway.com
Lenny Greene lenny@greeneconcepts.com
559-434-1000
https://orders.newsfilecorp.com/files/6717/55337_fc2ee885c425fbf8_logo.jpg
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/55337
https://www.newsfilecorp.com/newsinfo/55337/130
I agree with you Leyland19. When one is hungry, soup crackers will not do. Bring on the steak and potatoes! :) What will get this thing running is a PR of sustained purchase orders leading to continual sales. That will be something tangible, specific, actionable and impactful to both shareholder market perceived value and financial book value.
I believe that is what everyone is waiting for. All the best to you and to everyone in this.
-Jazz
Here is the Tweet and the webpage:
Very productive week & everything going very well at the plant and for the company. Terrific things happening, company looks forward to providing some major updates. $INKW #water #artesian #BeWater
https://twitter.com/GreeneConcepts
-Jazz
I believe he was referencing today's company's Tweet they posted earlier.
-Jazz
Glad I picked up the .0012's when I did.
-Jazz
I definitely can understand your position. We need to see some specific details and accomplishments. Fingers crossed! :)
-Jazz
I just picked up some .0012's.
-Jazz
I know there are a lot of things that still need to happen but I can't help but think that with the production video released along with pictures of completed pallets that there are some clients that want the water. I do not believe the company would have produced so many if there were not clients to send them to.
Here's to some great upcoming news.
-Jazz
I think Fresno/Clovis are close to each other. No I never visited the InkWayUSA location personally in California. Lenny did provide some warehouse pictures that he posted of the ink kits at the time though. I believe he had posted those on one of his social media pages and I copied them from there.
-Jazz
There is truth to your statement for sure.
-Jazz
I like how you focus simply on the facts. No more no less.
-Jazz
News Out!!! Greene Concepts Announces Virtual Grand Re-Opening Plant Tour of Bottling Plant
https://www.otcmarkets.com/stock/INKW/news/story?e&id=1586486
Newsfile Corp.
Marion, North Carolina--(Newsfile Corp. - April 28, 2020) - Greene Concepts Inc. (OTC PINK: INKW) announced today that the Company has produced and released a virtual reopening grand tour of the Company's bottling plant in light of current and projected social distancing guidelines throughout the nation.
In December 2019 the Company had announced the future planning of a grand reopening gala for investors and the public in Q2 of 2020. What a difference a couple of months make in the world. The safety of plant personnel, shareholders as well as the general public dictates that in lieu of current world events such a grand opening tour cannot be safely held for the foreseeable future.
As such, the Company is very happy to announce a virtual video tour of the bottling facility. The video tour is footage of the production line while it is producing the company's own BE WATERTM All-Natural Artesian Spring Water. The video tour is footage of the line from start to finish to include bottle fill, shrink wrapping, palletizing and other essential functions.
Find the video of the company's first full production run at the following link:
VIDEO TOUR
Lenny Greene, CEO of Greene Concepts Inc. states, "We are immensely proud to share a grand reopening virtual video tour of our production process with investors and the general public. The footage captures the complete production line process from start to finish while providing the viewer with a quick understanding of our company, the benefits of drinking artesian spring water and the intangible qualities of the BE WATERTM brand (Be Generous, Be Kind, Be Strong, Be Yourself). This is also supported by the release of our new BE WATERTM landing webpage under construction 'Be Water Be You': https://bewaterbeyou.com/. We want to be very transparent with all stakeholders as we gear up for greater production quantities now that we are in full swing operationally."
Mr. Greene continues, "We are very grateful to own and operate our own 60,000 square foot bottling facility valued at $3.29 million (see 2019 annual report and the plant's Asset Purchase Contract & Receipt). With this fixed-asset resource we can produce product not only for our company but also for third-party companies. Onsite we are led by a very experienced and skilled plant manager named Ken Porter who oversees the entire process."
Mr. Kenneth Porter, the company's bottling plant manager concludes, "This is an extremely exciting time now that we can produce product not only for our company but also for third-party companies. We are in full operational production with completed inventory and we are getting ready to move thousands of products to retail customers across the country."
Mr. Porter holds 36 years of experience in high-speed food and beverage production. Having managed multiple production plants with experience in warehouse management, maintenance, inventory control, equipment and processes, his resume includes Coca-Cola Bottling Co. Consolidated, Pepsi Bottling Group, Universal Food & Beverage, Summit Beverage Group and Ice River Springs in which he managed an annual production volume of 25 million cases and 125 employees. His specific skills include PM systems, Pepsi CQV, T.Q.M., HACCP, Six Sigma Black Belt and Lean Manufacturing.
About Greene Concepts, Inc. and Mammoth Ventures Inc.:
Greene Concepts, Inc. (http://www.greeneconcepts.com) is a publicly traded company. Through its recently acquired wholly owned subsidiary, Mammoth Ventures Inc., the Company has entered into the specialty beverage and bottling business and is an emerging leader in the global scientifically formulated beverage industry.
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT:
Greene Concepts, Inc.
Investor Relations
info@inkway.com
Lenny Greene
lenny@greeneconcepts.com
559-434-1000
https://orders.newsfilecorp.com/files/6717/55005_065f719454235bf3_logo.jpg
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/55005
https://www.newsfilecorp.com/newsinfo/55005/130
Here is the company's Disclosure section of its INKW page on the OTC Markets: https://www.otcmarkets.com/stock/INKW/disclosure
It looks like in 2019 their first quarter covered through Jan 31. Thus their second quarter covered Feb 1 - April 30 and was released in late-June. I suspect it will be similar for this year (late-June quarterly release).
-Jazz
If that's the case then we should get a quarterly report in May (fingers crossed).
-Jazz
Agreed. That's the schedule though that I believe they've been sticking to.
-Jazz
Sometime in June I believe we should receive another quarterly report about operations through the end of April to include outstanding share count updates. I'm looking forward to seeing that.
-Jazz
We shall see indeed. I hope you're doing well TY. Have a good one.
-Jazz
Yes me too Sam. I would love to see this launch into orbit. I've been loading at these lower levels in anticipation of a large shift upward.
-Jazz
.001 now. Uggh. This would be the turn-around of turn-arounds if the PPS rebounds after this.
-Jazz
Hoping for some movement soon.
-Jazz
The CEO newsletter from March 19th, third paragraph, discusses that full production launch was set to occur the following week (week of March 23). The CEO newsletter is linked in the intro page above and in the "About" section of the company's main webpage.
-Jazz
I don't claim to be an expert on the water testing results but in the first page of the filing it states that the tests coincide with the start of product production. I wonder if the company was not able to post their water quality results until they were cleared to actually launch. It looks like that was early April.
I wish we had an interpreter on what the information on the quality report means but since the company did post it on OTC, my thought is that the numbers gathered passed inspection.
What this all boils down to is this is good news for the company. Time will tell what happens from here.
-Jazz
I found the following link and also posted the below information above in the intro section (iBox) above toward the bottom of the page:
Greene Concepts Bottling Plant Water Analysis Reports (By Pace Analytical):
https://backend.otcmarkets.com/otcapi/company/financial-report/243317/content
The above water analysis testing completed in September, 2019 and released to the public on the OTC webpage in April, 2020
Artesian well #2, where the company is currently drawing its water from, is the one currently in production. The company has six other wells that are currently unused from which to draw water from. This will support massive expansion for the company in the future when pursuing white label business along with utilization of the rest of its facility beyond the current maximum capacity of 192 million bottles of production per year.
-Jazz
North Cove Bottling CO sold to Mammouth and Alkaline Water had a LOI to purchase in 2013 but did not do so. It does seem like there has been a lot of interest in the facility in the past and it appears to have not been used for several years until Mammouth purchased it two years ago.
This is definitely a fascinating find. It is why I'd like to see the information on the inspection reports to validate that the plant is truly good to go. It definitely comes across as a solid find but the inspection reports (both inside and outside of the facility) should tell the full story. In short, "What can this plant do for us now?"
-Jazz
The story is still being written. It is my strong hope that this company prospers in a huge way.
-Jazz
Agreed that now indeed is the optimal time to apply for a business loan.
-Jazz
Hopefully they have applied for different forms of financing to get things rolling.
-Jazz
Hey Nwsun,
I'm hoping for a strong reversal too. Water is a product in demand unlike ink. Hopefully this is like a slow moving glacier and eventually ends up in the positive. I know one needs money to make money and is why I assume the company is doing other things such as notes and borrowing to raise capital. If their aim and true and things really do prosper and are on the up and up, we will all be much better for it.
It is taking a while I know and in the OTC anything can happen. Hopefully everything is above board and honest dealings are in the works. The white labeled products, SpinLabel, and government arrangements are all strong possibilities. We're just waiting for the horse to truly get out of the stable and start galloping. Good luck to you and to us all.
-Jazz
Thx so much for the fyi Pennies.
-Jazz
I just picked up some on the Ask at .0016.
-Jazz
Hi Tyhub,
The previous North Cove facility and the current Greene Concepts' bottling plant are the same building (see 2009 article below):
https://www.mcdowellnews.com/news/north-cove-bottled-water-company-expanding-bringing-new-jobs/article_9e61e29b-e347-5c17-a994-806485ad34f1.html
Following my GPS, I went there and the North Cove bottling plant sign is right to the left of the picture of the road leading up to the plant shown in the intro section of this iHub page above.
There is a main road and when you turn off it, you immediately see the picture of the side road described above that goes up a hill leading to the Greene Concepts plant. That road is about 1/3 of a mile up the road leading to the blue building with a large lot and stone brick on the side. The pavement could use some updating for sure (at least what I saw in October 2019).
The address above is also confirmed in the company's 1A linked below.
https://www.otcmarkets.com/filing/conv_pdf?id=13971948&guid=LKpWUKfyqmHf33h
-Jazz
Greene Concepts NCAGE CODE 8J6Q1
https://cage.report/NCAGE/8J6Q1
Foreign/Domestic Designator Code : US F/DDC 1
NAICS Codes 312112
NCAGE Code Registration Status A - Active record
SEC CIK #0001585380
Greene Concepts Inc has a registered NCAGE Code for doing business with international governments. NATO Commercial and Government Entity Code 8J6Q1 was created on 2020-04-02 11:22:09 with the details below.
The item in red above indicates both national and international status of the CAGE code for Greene Concepts.
https://www.otcmarkets.com/stock/INKW/news/story?e&id=1566291
--------------------------------------------------------
From what I can tell in the above, it looks like Greene Concepts does have a legitimate record of the CAGE codes for government sales.
I do agree that there are plenty of additional items that the company needs to follow through on outside of the above but it is a step in the right direction. I'm hoping for more positive steps too.
-Jazz
I updated the pictures on the page this morning.
-Jazz