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All we need now is for some of that excess millions remaining from the August funding to be applied toward a solid cannabis (legal, medical) acquisition. Early Christmas.
Strong day consolidating for $PHGRF
$200 Billion beverage industry. Great entry for $INKW. This will be a nice platform for the CBD infused flagship product.
The market seems to really like the news.
Strong News Out! Great Trading Day for $INKW:
Greene Concepts Announces LOI to Acquire 60,000 sq ft Bottling Facility to Focus on CBD and Other Enhanced Beverages as it Enters Into the $200 Billion Beverage and Bottling Markets
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November 27, 2018 12:38 ET | Source: Greene Concepts, Inc.
NEW YORK, Nov. 27, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE – Greene Concepts, Inc. (INKW) announced today that the Company has entered into a Letter of Intent (“LOI”) to acquire a beverage and bottling facility including all equipment and real estate that will enable the company to enter into the lucrative $200 Billion beverage and bottling industry.
Lenny Greene will remain working with the company as an interim President/CEO as the company affects the completion of the asset purchase and integration in addition to the future transition and appointment of new management to Greene Concepts in the near term.
Mr. Greene stated, “I believe that the acquisition of this bottling facility and the new direction the Company will be taking will greatly add to shareholder value, which pleases me very much. Greene Concepts has a very long history as a company and the future business direction of the company seems very promising.”
Under terms of the LOI, incoming new management shall merge all assets of a bottling and beverage facility including land and equipment into Greene Concepts Inc. The facility will be focused on a variety of beverage product lines including, but not limited to CBD infused beverages, spring and artesian water, as well as enhanced athletic drinks in addition to other product offerings. Additional details of the asset merger and business transition will be provided via future company filings and press releases.
About Greene Concepts, Inc.
Greene Concepts, Inc. (http://www.greeneconcepts.com/) is a publicly traded company that is in the process of transitioning from the ink technology business to the specialty beverage and bottling business.
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
investors@inkway.com
That Friday half day trading volume was not so bad. Today should be strong.
Still a great buy. Anthing under 7 is a steal.
And there we go green up 5%!
This is a bit better action than I was expecting for the half trading Friday after thanksgiving. I do think the market is perking up to $INKW.
Sluggish trading today, but what else do you expect the day after Thanksgiving. Monday should be rocking and rolling again.
I personally already find it quite interesting. That HealthVue Network has 100,000 thousand active users in it already. And the Canadian health care market is hungry for a solution to the problem with the scarcity of primary health care providers. $PHGRF really got it for a steal.
Turkey for brains after holiday day traders trying to get some pocket change together for the weekend to restock the fridge. That tryptophan has their brains asleep too.
Not sure what you mean. Do you claim to know something about 3rd parties buying shares?
Longs should like what $INKW brings for their Christmas stocking. Its really a long play.
$INKW sluggish holiday market today.
Looking forward to next week.
For anyone who hasnt seen the merger filing yet:
https://backend.otcmarkets.com/otcapi/company/financial-report/207032/content
Greene Concepts Inc
1865 Herndon Ave
Suite K-358
Clovis, CA 93611
SUPPLEMENTAL INFORMATION
November 19, 2018
A Green Concepts Inc. shareholder that owns majority voting control of Company thru ownership of
Series A Preferred Stock has entered into an agreement to sell the controlling interest of the Series A
Preferred Stock to a third party in order to affect the inducement of the new shareholder to merge in
the assets of a bottling and beverage facility including land and equipment. The facility will be focused
on a variety of beverage product lines including, but not limited to CBD infused beverages, spring and
artesian water, as well as enhanced athletic drinks in addition to other product offerings.
Lenny Greene will remain working with the company as an interim President/CEO as the company
affects the completion of the asset purchase and integration in addition to the future transition and
appointment of new management to Greene Concepts in the near term.
Dated: November 19, 2018 /s/ Lenny Greene
Lenny Greene, President
Its important to point out that CBD infused beverages are not intended to get you high. it the health benefits, especially for easing anxiety and stress that makes this market.
I love getting in at the preawareness phase. $$$$$
Basically what amounts to a lateral move today. Awareness is not reached the tipping point yet, but I like this phase for adding.
I agree with that but sometimes when analysts say "first mover" what they mean is "risky pioneer in concept phase" but the HealthVue subsidiary already has 100,000 engaged members in their network, so I would call that proof of concept.
No debt is a big deal to me as a shareholder.
Nice close, looking forward to a strong opening tomorrow.
Next resistance points will be at .048 then at .0524. Looks like we'll test those soon. $INKW is looking nicer.
Sweet! I'd like to see some pallets of CBD sports drinks next.
New 52 week high $INKW.
And if you don't believe me, just look at the 100,000 already active members in the HealthVue network. It so neatly matches a fit to the problem of finding a prompt appointment with a primary health care provider in the Canadian health care system.
Nothing is more suited to the growing medical cannabis prescription market than a telemedical app. Brilliant.
Up green 2.77% on decent volume. Nice.
Decent close here for INKW.
CBD water is not psychoactive, i.e. it won't get you high. But its reputed to really help with insomnia and anxiety, and a growing number of health market users swear by its efficacy. Nice little starter article here: https://www.popsugar.com/fitness/What-CBD-Water-44765421
Its good that Lenny Greene will be sticking around through the transition. Points toward a stable merger.
Don't have enough info yet to know if it will include beer. For sure the filing states: "focused
on a variety of beverage product lines including, but not limited to CBD infused beverages, spring and
artesian water, as well as enhanced athletic drinks in addition to other product offerings."
$INKW has filed to merge with a bottling/beverage company to produce CBD infused beverages. Very very hot news.
No PR yet, but a supplemental filing. Head to the OTCMarkets website, search for the INKW ticker and click on "Disclosure"
This upcoming merger will shake things up.
Dang, that Ibox is confusing. Quite the history here but sounds like there are some interesting developments coming up.
$PHGRF currently has no debt and they have just received $3.5million in funding in August. $1 million of that went to the aquiring of HealthVue, that still leaves $2.5 mil in funds more aquisitions that may soon get unveiled.
Nice to see $PHGRF up green this afternoon.
I think there could be a cross over, just that the issue with the USA market would not be so much the dificulty in scheduling a primary care appointment as much as offering greater convenience and reduced cost for routine visits I would think.