OXFORD, Conn., March 30, 2015
/PRNewswire/ -- Go Green Global Technologies Corp.
"Go Green", (OTC Pink: GOGR), an
innovative U.S. water and fuel technology company, today announces
that its Annual Disclosure Statement and an Attorney Letter with
Respect to Adequate Current Information was posted on the OTC
Markets, OTC Disclosure and News Service on March 25, 2015. Included in the Quarterly
Disclosure Statement is Go Green's
Unaudited GAAP Financial Statements for the period ending
December 31, 2014. For the three
months ending December 31, 2014
revenue was $57,098. Net loss for the
period was $190,994. This brings
year-to-date revenue and net loss to $158,997 and $525,864 respectively. Full year 2014 revenue
increased more than 75% compared to 2013. Go Green's financial statements for 2014 can be
found at http://www.otcmarkets.com/stock/GOGR/filings.
Mark Del Priore, Go Green's CFO said, "While we are pleased with
the growth we displayed in 2014, we are far more excited for our
future. Go Green's sales pipeline
has grown to more than $3,000,000,
which we hope to fully realize in 2015. This pipeline only includes
the customers that we are furthest along with and does not include
the thousands of potential units that are in the early stages of
the sales cycle. We expect our sales for 2015 to be back-end loaded
because we spent most of the first quarter of the year moving our
manufacturing facility from Italy
to Connecticut."
"Our sales pipeline is the result of a steady and incremental
process that we spent much of the last year building," explains
Paul Murdock, CEO. "The full
potential of our current pipeline is actually greater than
$3,000,000, but we expect our
customers to purchase units in stages to meet their installation
capabilities. We are managing the sales cycles and will be hiring
key personnel when appropriate so we can continue to grow each
vertical."
Go Green will hold an investor
call on April 2, 2015 at 3:00 PM EST. Please utilize the dial-in numbers
below:
USA
|
1-888-585-9008
|
Canada
|
1-888-299-2873
|
At the prompt please utilize conference room 716-403-741.
Investor Contact
Paul Murdock, CEO and President
1-800-605-2857
About Go Green Global Technologies Corp.
Go Green Global Technologies Corp. (OTC Pink: GOGR) is an
industrial technology company that provides solutions worldwide
utilizing the proprietary patented Sonical™ technology
for both non-chemical water treatment and fuel combustion
applications. The Sonical™ is a cost efficient and
easily installable device that makes existing fuel and water
systems run cleaner and more efficiently. The company's wholly
owned subsidiary, Go Green Technologies Corp., has a portfolio of
intellectual property that currently includes four globally
recognized patents and NSF/ANSI, UL, and CSA certification. Since
inception, the company has focused on developing and marketing
innovative technologies that lead to a cleaner and more efficient
planet. You are invited to visit www.gogreentechcorp.com for
additional information.
Safe Harbor Statement
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan," or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements.
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SOURCE Go Green Global Technologies Corp.