Green Planet Group -- Profits Trend Continues

TEMPE, AZ(eTeligis Inc.)

TEMPE, AZ, United States, via ETELIGIS INC., 08/13/2014 - - Green Planet Group, Inc. (OTC Pink: GNPG) (PINKSHEETS:GNPG), an emerging leader in green technology, reports continuing profitability as reflected in recently filed unaudited financial statements for the Fiscal Quarter ended June 30, 2014. The financial results reflect revenues from the XenTx Lubricants, Inc. subsidiary and the positive impact of the Company's new business strategy. This impact can be summarized as follows:

-Net Income of $131,483 for the Fiscal Quarter

-Continued reductions of the Company's long termdebts

-AllContingent and Derivative liabilities were eliminated

-BothBad Debts and Asset Depreciation expenses were virtually eliminated,thereby enhancing future profitability

-TheCompany has secured an Accounts Receivable line of credit to finance itsanticipated sales growth for the remainder of the fiscal year

In addition, the Company has simplified accounting procedures and enhanced internal financial reporting. All moving costs related to the relocation of the Company headquarters and opening of the new warehouse facility in Tempe, Arizona have been expensed. Gross margin on goods sold by the XenTx Lubricants subsidiary since the relocation and recently implemented production procedures are running at 34%.

Green Planet Group Chief Executive Officer Edmond Lonergan noted, "Our continued profitability is encouraging and is providing the momentum needed to generate new investment funding. Engineering and design work on our Healing the Earth Fast Track Growing System is progressing nicely. XenTx Lubricants is improving turnaround time on customer orders and inventory fill rates. And, we expect to make an exciting announcement regarding our AAQIS, Inc. hydrogen generator subsidiary within the next thirty days. This is turning out to be a truly exciting year."

To view the complete filing, use the following link:

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=124692

About Green Planet Group, Inc.

The Company is comprised of four wholly-owned subsidiaries: one operating company and four development companies. XenTx Lubricants, Inc. produces lubricants and additives for gasoline and diesel engines. AAQIS, Inc. is developing a hydrogen generator which greatly reduces hydrocarbon emissions while improving fuel efficiency in internal combustion engines. Green Mining Technologies, Inc. is developing green technologies for the mining of precious metals. The Company's Healing the Earth subsidiary is developing a new Fast Track growing system capable of growing vast amounts of fresh, organic food.

Forward-Looking Statements

Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). Green Planet Group, Inc. cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.

Contact:

Jim Schoenberger

Phone: 480-422-8386

Email:jschoenberger@greenplanetgroup.com

SOURCE: Green Planet Group

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