Greene Concepts Signs $14 Million in a Sales Purchase Agreement with Sunflower Consulting Group
26 Março 2020 - 8:30AM
InvestorsHub NewsWire
Greene Concepts Signs
$14 Million in
a Sales Purchase
Agreement with Sunflower Consulting
Group
Marion, NC --
March 26, 2020 -- InvestorsHub NewsWire -- Greene Concepts
Inc.
(OTC
PINK:
INKW) is pleased to
announce
it has signed an agreement
with Sunflower
Consulting Group (SCG) for the purchase and sale of up to 2 million
cases of the company's bottled water production during the 2020
calendar year.
As one of the two
food and beverage executives who visited the company's Marion, NC
bottling plant this past February, the founder and CEO of
SCG,
Harold Wingert, noticed substantial revenue
opportunities and nationwide consumer appeal offered with Greene
Concepts products and strategic plans (described in a
recent
company
press
release (here). Through a signed
sales and
purchase agreement, SCG has agreed to
the
purchase
and sell to retailers
up to 2 million
cases of bottled water at a target price of $7.00 per case through the end of
the year valued at $14 million. This equates to
25%
of the
company's current total production
capacity of 8 million cases.
Mr. Wingert
expresses, "The reception for Greene Concepts' product lines has
been excellent and we wanted to lock up capacity
and get this
under contract as quickly as possible. I went to the bottling
plant, received a tour, made an agreement, locked it in, and am
ready for these inventories to fly out the door into the hands of
customers. The company's products, beginning
with BE
WATERTM, have garnered much interest from
distributors, retail chains, and end-users and Sunflower Consulting
Group wants to be a part of this
extraordinary endeavor. I can see all 2 million cases
going really fast in the current marketplace."
Lenny Greene, CEO
of Greene Concepts Inc. states, "It is wonderful to have a
partner in Sunflower Consulting Group that is so invested in
helping us reach the masses with our products. By locking
down a sales agreement with
SCG
along with
the
current
demand on
bottled
water
nationwide,
Greene Concepts is primed for tremendous success and
revenues
of $14 million from this venture
alone. Stay tuned for more fantastic coming announcements."
About
Sunflower Consulting Group:
Sunflower
Consulting Group (SCG), founded by Harold Wingert, specializes in
all aspects of convenience store operations: consulting, store
design, operational set up and ramp up, controls, inventory, and
vendor contracts. Since 1985, when Mr. Wingert bought his first
store, he has been engaged in the industry in some fashion,
including operations, consulting, construction, and design. Over
the last 34 years he has owned and operated 8 stores, successfully sold
them, and has been consulting for the past decade. SCG has the team
in place to provide the level of support you desire, from concept
design, through opening the store, and establishing policy and
procedures. SCG will work with vendors to achieve optimal sales and
manage vendor contracts to take advantage of rebates or other
incentives, which will result in more profits for ownership. SCG
will assist ownership in hiring and training employees, continuing
education, benefits package for management, and will assist in
developing an employee manual. Sunflower Consulting Group looks
forward to working with you to bring your concept to
reality.
https://sunflowerconsultinggroup.com/
About Greene Concepts, Inc. and Mammoth Ventures
Inc.:
Greene Concepts,
Inc. (http://www.greeneconcepts.com)
is a publicly traded company. Through its recently acquired wholly
owned subsidiary, Mammoth Ventures Inc., the Company has entered
the specialty beverage and bottling business and is an emerging
leader in the global scientifically formulated beverage
industry.
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
info@inkwayusa.com
Lenny
Greene
lenny@greeneconcepts.com
559-434-1000
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