Green Planet Announces $4 Million Acquisition
July 13 2011 - 9:20AM
Green Planet Group, Inc. (OTCBB:GNPG) announced today that its
wholly owned subsidiary, Lumea Inc., has acquired an additional $4
million light industrial staffing business in the Mid West.
Included with this acquisition is a new experienced, highly
qualified management team.
To integrate this additional business, Lumea plans to open a new
office in the Chicago Metropolitan area, and, as dictated by
revenue growth, additional offices will be opened as needed.
Projections include expanding operations into Indiana and
Wisconsin.
Edmond L. Lonergan, President/CEO, stated, "This acquisition not
only immediately increases Lumea's revenues, the new management
team projects that it will double its revenues over the next twelve
months."
About Green Planet Group
Green Planet Group, Inc. (OTCBB:GNPG) is based in Scottsdale,
Arizona and engages in ongoing research and development to create
products and services that enhance our environment. The Company's
revenues are currently derived from the production and distribution
of fuel-based energy conservation and clean-air products, as well
as through the placement of members of the growing ranks of the
unemployed into meaningful "green collar" careers. For additional
information, please visit www.greenplanetgroup.com.
SAFE HARBOR: Certain information included herein may contain
statements that are forward looking, such as statements relating to
plans for future expansion and other business development
activities. Such forward-looking information is subject to changes
and variations which are not reasonably predictable and which could
significantly affect future results.
CONTACT: Gabriel (Gabe) Rodriguez
E Relations Group, Inc.
623-255-5750
Green Planet (CE) (USOTC:GNPG)
Historical Stock Chart
From Aug 2024 to Sep 2024
Green Planet (CE) (USOTC:GNPG)
Historical Stock Chart
From Sep 2023 to Sep 2024
Real-Time news about Green Planet Group Inc (CE) (OTCMarkets): 0 recent articles
More Green Planet Group, Inc. News Articles