Greene
Concepts Completes
$2.875
million Funding
Transaction containing
Zero
dilution to shareholders to be
used for
Expansion
and
Growth of the Be
Water™ Brand
Marion, NC -- February 8,
2021 -- InvestorsHub NewsWire -- Greene Concepts Inc.
(OTC PINK: INKW) is proud to announce that
the
company has completed a $2.875
million funding transaction that will allow the Company to continue
expansion efforts and the continued expedited growth of the Be
Water™ brand of pure natural artesian spring water.
The funding transaction
contains no conversion features. The transaction will have
absolutely zero dilutive effect for shareholders, zero. The
funding transaction is based upon the long-term vision and
commitment towards the national and international success and
growth of the Company's Be Water™ brand. The
Company received the funding as part
of a Be Water™ Brand Agreement which enables the Company to raise
additional funding to grow and expand the Be
Water™ brand yet have no dilution to Greene Concepts
shareholders.
Water is arguably
the most
sought-after commodity in the
world and
essential to life. The Company's vast natural reserves
are
derived
from a continuously
replenished cavernous underground
aquifer. The continued
replenishment of these water reserves is akin to accessing a
cavernous
gold mine
that continues to
be replenished with new deposits of gold.
Water scarcity is prevalent throughout the
world and Wall Street
recently announced water as a new trading
commodity with tight water supplies on display for
California
alone. The
Company stands to be a key player in both the near and
long-term supply chain as
water
shortages
are expected to affect two-thirds
of the world's population by
2025.
Lenny Greene, CEO of Greene
Concepts notes, "Within a very short span of time, we have witnessed the
interest in our
BE WATER™ brand skyrocket. Our goal with the
funding
raised
is to create
additional inventory, expand marketing and
to
enter additional
markets with our Be Water™
brand."
Mr. Greene continued,
"We are
committed to the growth and success of Greene Concepts Inc and the
Be Water™ brand. We thank shareholders
for the continued support, devotion and trust in our Company and what
we are building. We hope to become a Legacy Stock for your
family,
one which you always desire to hold as a part of your portfolio.
A Company which you hope to one day
hand down to your
family. Again, thank you for
your support."
About
Greene Concepts, Inc., Mammoth Ventures, Inc. and Water Club,
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. Through
its subsidiary Water Club, Inc. we intend to pursue
subscription-based delivery of water and scientifically formulated
beverages directly to the consumers home and market the convenience
of this service thru social media affiliate marketing
partners.
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@inkway.com