B Green Innovations, Inc. (OTCBB: BGNN) reported on a Form 10-Q filing with the Securities and Exchange Commission, net income of $1,377,137 for the three months ended March 31, 2010. In the same time period last year, the Company reported a loss of $825,857, a net positive change of $2,202,994. Other Income was $1,499,926 for the three months ended March 31, 2010 as compared to an expense of $690,543 for the three months ended March 31, 2009.
Total revenues increased 182% for the three months ended March 31, 2010. Gross profit increased 292% for the three months ended March 31, 2010. Total operating expenses decreased 1% for the three months ended March 31, 2010.
Jerry Mahoney, Founder of B Green, commented, "We are proud to report these results for the three months ended March 31, 2010. The company is doing an excellent job of delivering great results. We look forward to continuing to deliver superior results throughout the rest of the year. Shareholders should read the complete details for the quarter ended March 31, 2010 in the Company's recently filed Form 10-Q with the SEC."