DEFINITIVE AGREEMENT COMPLETED FOR GREENE CONCEPTS TO ACQUIRE 60,000 SQ FT BOTTLING FACILITY TO FOCUS ON CBD, pH BALANCED AND OTHER ENHANCED BEVERAGES
New York, NY -- January 2, 2019 -- InvestorsHub NewsWire -- Greene Concepts, Inc. (INKW) announced today that the Company has signed the definitive agreement to purchase the 60,000 sq. ft. bottling and beverage facility that the company has been working to acquire.
Under terms of the Definitive Agreement, all assets of the bottling and beverage facility including land and equipment will be merged into Greene Concepts Inc. The facility will be focused on a variety of beverage product lines including, but not limited to CBD infused beverages, pH Balanced, spring and artesian water, as well as enhanced athletic drinks in addition to other product offerings.
All parties are working diligently to complete the final closing based on the terms of the recently signed definitive agreement. Final closing documents including title work are being prepared by the closing agent for the pending final closing.
Please watch for additional information and announcements from the Company via press releases and stay tuned on social media as well. Follow the Company on Twitter https://twitter.com/GreeneConcepts
The Company's share structure remains at 673,112,401 shares of common stock outstanding with a float of 109,466,205.
About Greene Concepts, Inc.
Greene Concepts, Inc. (http://www.greeneconcepts.com/) is a publicly traded company that is in the process of transitioning from the ink technology business to the specialty beverage and bottling business.
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Greene Concepts, Inc.