Game Time Productions Completes 3
Targeted Acquisitions
Boca Raton, FL -- June 16, 2023 -- InvestorsHub NewsWire
-- Greenlite Ventures, Inc. dba Game Time Productions
(OTC
Pink: "GRNL") has announced the acquisition of Altitude
Wellness, Inc., Trident Water LLC. and Altitude International
(Chambers), Inc, all of which were operating as wholly owned
subsidiaries of Altitude International Holdings, Inc. The
acquisitions have been structured as no-liability, debt-free
transactions for GRNL with a total consideration of 600,000 common
shares of GRNL stock going to Altitude International Holdings. GRNL
is working with top industry leaders in all three market sectors to
restructure and/or sell the newly acquired assets in exchange for
ongoing royalty payments from the new partners.
GRNL has already entered into a multi-tiered royalty agreement
with Blue Sky Strategy LLC, who now owns and operates the former
Trident Water entity. Blue Sky has a 14-year history in the
Atmospheric Water sector and has built a solid network of customers
and connections worldwide. Blue Sky is currently working with
Joakim Noah and his family's Noah's Arc Foundation on a number of
humanitarian water projects stretching from Africa to Hawaii to
Chicago.
GRNL has also signed an Agreement to spin-off the Altitude
Wellness acquisition in exchange for guaranteed royalty payments to
GRNL. The new ownership group plans to build out a flagship
"Altitude Fitness Center" in Miami that will feature simulated
altitude training. The proposed new location is intended to serve
as a model for future franchised units.
To further its Altitude Chambers acquisition, GRNL has engaged
the exclusive services of Dave Vincent, one of the true pioneers in
the altitude industry and the owner of one of Europe's top
simulated altitude providers, Sporting Edge UK. Vincent is seeking
to build on the successful installation of Sporting Edge
manufactured altitude chambers for the Miami Dolphins, Orlando
Magic, and Tulane University and gain additional traction with the
professional leagues, teams, and colleges in the US. Vincent is
also working to advance his breakthrough racehorse and boxing ring
applications in the American markets. He is currently negotiating
an exclusive manufacturing, sales, and royalty agreement with one
of the world's most respected names in athletic training and
conditioning equipment, all on behalf of GRNL.
ABOUT GAME TIME
PRODUCTIONS
Game Time Productions recently entered the Sports Licensing and
Merchandising markets through the acquisition of Game Time Watches
and Game Time Bands. Game Time is the leader in licensed sports
watches having active, ongoing license agreements with the NFL,
MLB, NHL, NASCAR, and WWE, along with several iconic athletes and
brands. GRNL also recently formed Game Time Media, Inc, to
develop its podcast content and distribution networks, along with
its social media, public relations and media outreach efforts.
SAFE HARBOR STATEMENT
This press release contains certain "forward-looking
statements," as defined in the United States Private
Securities Litigation Reform Act of 1995, that involve a number of
risks and uncertainties. There can be no assurance that such
statements will prove to be accurate and the actual results and
future events could differ materially from management's current
expectations. The economic, competitive, governmental,
technological risks pertaining to the Company's business may
cause actual results or events to differ materially from those
described in the forward-looking statements in this press release.
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. No information in
this publication should be interpreted as any indication whatsoever
of the Company's future revenues, results of operations, or stock
price.
Media Contact: Jeff DeForrest 954 288 4725