Green Globe International Inc (GGII)

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Green Globe International, Inc. Announces Plans for Financial Reporting and Potential Future Market Listing
May 12, 2009 10:12:00 AM


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MURRIETA, Calif., May 12 /PRNewswire-FirstCall/ -- Green Globe International, Inc. (OTC Bulletin Board: GGLBE), the worldwide owner of the Green Globe brand, today announced the company's plans to report its quarterly and annual financial information to shareholders and the global public markets through the Pink Sheets OTC Disclosure and News Service.


Pink OTC Markets Inc., which operates the Pink Sheets OTC Disclosure and News Service at www.pinksheets.com, provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market. By reporting its quarterly and annual financial information through the Pink Sheets OTC Disclosure and News Service, the company will be placed in the "Current Information" designation at www.pinksheets.com. The Current Information designation falls in the "Transparent" category as defined by the Pink Sheets.


"The primary focus of Green Globe International is to facilitate the growth of revenues through the worldwide use of the Green Globe brand, and we are making significant strides in that regard through our affiliate certification programs, the recently launched Green Globe Index, consulting work, and our participation in a variety of additional large scale projects here in the United States," commented Steven R. Peacock, CEO and Managing Director for Green Globe International, Inc.


"As we build revenues and improve the company's financial profile, management will evaluate the proper markets for the company's stock and pursue listings in those markets. Until that time, reporting through the OTC Disclosure and News Service will allow the company to limit unnecessary expenses and focus resources where they are most needed - the growth of Green Globe programs around the world."


The Green Globe brand and program, which traces its roots back to the United Nations Rio de Janeiro Earth Summit in 1992, where 182 Heads of State endorsed the Agenda 21 principles of Sustainable Development, has primarily been used in the travel and tourism industry but is now being expanded to include a growing number of environmentally responsible businesses in a variety of market sectors. The Green Globe brand is an ideal symbol for the world's increasing awareness of environmental responsibility and response to global climate change.


Current Green Globe programs managed by the company and its affiliates include world leading certification programs (www.greenglobecertification.com) and the Green Globe Index tool (www.greenglobeindex.com), which allows clients to calculate their CO2e footprint, the financial cost of that CO2e, and to track their performance of energy and water consumption and non-recyclable waste production.


Green Globe International encourages all shareholders and others interested in following the progress of the company to subscribe to receive email alerts whenever new information is made public. To subscribe, please visit http://www.greenglobeint.com/stayconnected/email/.


About Green Globe International, Inc.

Green Globe International, Inc. is the worldwide owner of the Green Globe brand, which includes the leading sustainability certification and benchmarking programs, carbon footprint calculation and offset programs, and a broad range of consulting services. Green Globe International has been admitted as an affiliate member of the United Nations World Tourism Organization. The World Travel & Tourism Council (WTTC), the business leaders' forum for the travel and tourism industry, is a 5% common stock owner of Green Globe International. For more information on the company and its programs, please visit www.greenglobeint.com or call [phone].


Safe Harbor Statement

This release contains forward-looking statements with respect to the results of operations and business of Green Globe International, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.



SOURCE Green Globe International, Inc.



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A. Beyer of Green Globe International
Inc.
[phone]
[e-mail]