LAGUNA NIGUEL, Calif.,
Sept. 8, 2014 /PRNewswire/
-- J.D. Hutt Corporation ("JD Hutt" or the "Company") (Pink
Markets: JABA), today announced that it has entered into a contract
in the sustainable apparel industry.
In May 2014, the Company announced
that it had hired a new CEO, George
Powell, and that its business was changing to the
sustainable apparel industry. In less than three months, the
Company has signed a new agreement and the apparel is already in
production. The items will be delivered to the customer in early
September 2014.
"We're excited to have signed our first contract for JD Hutt,"
commented George Powell. "It is with
a large company and is a private-label product which will carry
their brand name and logo. The customer has indicated that they
have plans to move forward with a more substantial sustainable
product offering in the near term. The speed with which we have
signed this contract indicates the willingness of customers to
engage in this new business model of sustainable apparel. Our
ability to produce a wide range of sustainable and quality products
is an asset to the Company's new direction. Our customer base will
expand and allow us to reach critical mass in production and
revenues as we introduce sustainable products into a wide array of
companies."
The Company will be changing its name to Green Star Apparel to
reflect the new line of business. The formal change will occur once
all filings and approvals are completed.
About J.D. Hutt Corporation
JD Hutt's new business focus is to enter the sustainable apparel
industry in order reduce the carbon footprint and make a systemic
change in how apparel is made shipped and sold. It will embrace the
change and become the ecopreneurs of the industry.
Forward Looking Statements
This press release includes "forward-looking statements" within
the meaning of the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995. Words such as
"expect," "estimate," "project," "budget," "forecast,"
"anticipate," "intend," "plan," "may," "will," "could," "should,"
"believes," "predicts," "potential," "continue," and similar
expressions are intended to identify such forward-looking
statements. Forward-looking statements in this press release
include matters that involve known and unknown risks, uncertainties
and other factors that may cause actual results, levels of
activity, performance or achievements to differ materially from
results expressed or implied by this press release. JD Hutt
undertakes no obligation and does not intend to update these
forward-looking statements to reflect events or circumstances
occurring after the date of this communication except as required
by law. You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
communication. All forward-looking statements are qualified in
their entirety by this cautionary statement.
SOURCE J.D. Hutt Corporation