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.
Investor
Relations
investors@inkway.com