Through a signed sales and purchase agreement, SCG has agreed to the purchase and sell to retailers up to 2 million cases of bottled water at a target price of $7.00 per case through the end of the year valued at $14 million. This equates to 25% of the company's current total production capacity of 8 million cases.
Mr. Wingert expresses, "The reception for Greene Concepts' product lines has been excellent and we wanted to lock up capacity and get this under contract as quickly as possible. I went to the bottling plant, received a tour, made an agreement, locked it in, and am ready for these inventories to fly out the door into the hands of customers. The company's products, beginning with BE WATERTM, have garnered much interest from distributors, retail chains, and end-users and Sunflower Consulting Group wants to be a part of this extraordinary endeavor. I can see all 2 million cases going really fast in the current marketplace."
Lenny Greene, CEO of Greene Concepts Inc. states, "It is wonderful to have a partner in Sunflower Consulting Group that is so invested in helping us reach the masses with our products. By locking down a sales agreement with SCG along with the current demand on bottled water nationwide, Greene Concepts is primed for tremendous success and revenues of $14 million from this venture alone. Stay tuned for more fantastic coming announcements."
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