Green Globe International Inc (GGII)

[DogWalker]

April 13, 2011
LOS ANGELES--(BUSINESS WIRE)--Green Globe International, Inc. (OTC: GGII) today announced a Letter of Intent with Planet Positive International, LLC, the owner of the Planet Positive environmental accreditation program. The Letter of Intent provides for a period of due diligence, which if successful, will lead to an agreement later this year whereby Green Globe International will acquire 100% of the issued and outstanding capital of Planet Positive International in a share exchange transaction that will result in Planet Positive International becoming the surviving entity. Green Globe International will issue shares of preferred stock in exchange for the shares of Planet Positive International.

Let's take a look at Planet Positive's recent developments:
Online expansion for SME's looking to become environmentally certified
http://www.climateactionprogramme.org/news/firm_cuts_green_tape_around_sustainability_certification/

Is what they're doing working?
Apollo becomes Planet Positive Certified
http://www.theapollogroup.co.uk/news-detail.cfm?id=207§ion=group

The rainforest charity Cool Earth and the green certification programme, Planet Positive have partnered up to give businesses a powerful way of tackling climate change and saving energy.

The Phoenix Consultancy, one of the UK’s leading specialist education consultancies, has become a Planet Positive certified business.
http://www.beplanetpositive.com/node/109

Not to mention many others...

Is it really feasible for businesses to gain enviromental certification?

http://www.coastwidelabs.com/Technical%20Articles/ThirdPartyCertification.htm

Another good article describing the edge that green certification gives a business.
http://solar.calfinder.com/blog/going/green-business-certify/

In my opinion, Green Globe has a good thing in the works with Planet Positive. The last PR stated, "Planet Positive International will have the right to select a new slate of officers for the company and its subsidiaries;" thats great news considering what shareholders have been through over the past few years. This baby is getting a new paint of coat and a new engine - can't wait for the next PR.