Thursday, November 19, 2009 3:06:57 PM
prnewswire
Green Bridge Industries, Inc. to Enter Multi Billion Dollar Industrial and Institutional Cleaning Products Market
Company Completes Acquisition of Brightside Products, LLC.
* Press Release
* Source: Green Bridge Industries, Inc.
* On 8:15 am EST, Thursday November 12, 2009
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Companies:
o Green Bridge Industries, Inc.
SARANAC, Mich., Nov. 12 /PRNewswire-FirstCall/ -- Green Bridge Industries, Inc. (Pink Sheets: GRBG - News) is pleased to announce that the Company has acquired Brightside Products, LLC, an innovator of all natural based, eco-friendly chemicals, from Organic Products Solutions in exchange for $300,000. The purchase price will be paid in the form of $250,000 in restricted common stock of Green Bridge Industries based on $0.03 per share, with the difference paid in cash with 20% upon signing and the rest of the balance paid over a four month period. The acquisition, along with their relationship with Shot Spirits Corporation, will enable Green Bridge Industries to enter the industrial and institutional cleaning products market, which is estimated to grow to $10 Billion in the United States by 2012, according to Report Buyer
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