Javelin Advisory Group Issues Newest Edition of 'The Javelin Index' Highlighting GTREX Capital's Recent Acquisition of Green Globe Brand and Transition to Become Green Globe International
Publication Also Reviews 1st Quarter Highlights for Javelin's Other Public Company Clients
MURRIETA, CA--(Marketwire - April 15, 2008) - Javelin Advisory Group, a consulting firm that assists public companies in a variety of areas, including compliance, SEC reporting, corporate restructuring and mergers and acquisitions, today announced the release of the April 2008 edition of "The Javelin Index," a newsletter which reviews the status of Javelin's client companies over the last quarter and updates the transactions in which they are involved.
The cover story for the April edition highlights the recent close of GTREX Capital's acquisition of Green Globe, Ltd., a British company that owns the Green Globe brand, the premier international brand for sustainable travel and tourism. Subsequent to the acquisition and a majority shareholder vote, the company has changed its name to Green Globe International, Inc. and has been assigned a new stock trading symbol, GGLB.
As owners of the Green Globe brand, the focus of Green Globe International is now the promotion and protection of the brand and to expand its use by businesses, communities and other entities. The World Travel and Tourism Council (WTTC) established Green Globe in 1992 as a response to the United Nations Rio de Janeiro Earth Summit, where 182 Heads of State endorsed the Agenda 21 principles of Sustainable Development.
The Green Globe logo is currently marketed by organizations that have entered into joint ventures and/or licensing agreements with Green Globe, Ltd. (UK) to use the Green Globe brand for hotels, resorts and other tourism destinations that meet certain specific benchmarks for sustainability.
Green Globe International is expected to expand the reach of the Green Globe brand beyond its current affiliated organizations to additional applications in the travel and tourism market, as well as to new potential applications in a variety of businesses and industries.
In addition to the review of the Green Globe acquisition, The Javelin Index also provides updates on the progress of several other Javelin clients, including CLX Investment Company, which has initiated the process of changing its name to CLX Medical, Inc. and Aero Performance Products, which has expanded distribution of its performance muffler products and increased revenues through the first two months of 2008.
CLX has also identified another rapid diagnostic device for the medical market that it has targeted for potential acquisition. The company expects to enter into an initial agreement related to the acquisition as soon as possible.
Javelin client ActionView International, traded under the symbol AVWI, is continuing its due diligence on candidates for a future expected acquisition transaction.
In his newsletter greeting, Javelin Advisory Group Managing Director Steven R. Peacock addressed the Green Globe acquisition, stating, "Going green is no longer just an option for businesses, nor is it just a marketing advantage for a company to use against its competition. Governments, the broader business community and consumers are demanding that businesses not only commit to becoming green, but that they can demonstrate that they have taken action and are addressing issues such as water use, waste management and fuel efficiency."
He continued by saying, "With the close of the acquisition of the Green Globe brand and the formation of Green Globe International, 2008 has begun very well for Javelin Advisory Group, and we look forward to even more progress as the year unfolds."
To sign up to receive a notification by email whenever new information, including new press releases and investor newsletters, are posted to the Javelin website, please visit http://javelinadvisory.com/main.php, and enter your email address in the proper field.
About Javelin Advisory Group
Javelin Advisory Group is a consulting firm that provides a number of vital services to public companies, including financial reporting and SEC compliance, the identification and execution of mergers and acquisitions, public company management consulting, and advisory services regarding capital formation and financing. Contact:
Gemini Financial Communications A. Beyer 951-677-8073 Email Contact
News 
Market Data 
Discover 
AI
