| Green Bridge Industries, Inc. Signs Letter of Intent to Sell Zap Industries, Inc. and Green Bridge Institute, LLC |
| Tuesday, 31 August 2010 16:08 |
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| Company to Sell Its Two Subsidiaries for $150,000 While Maintaining Exclusive Production and Commercial Sales Rights RIDGEWOOD, NJ--(Marketwire - 08/31/10) - Green Bridge Industries, Inc. (Pinksheets:GRBG - News) announces that the Company has signed a Letter of Intent to sell 100% of the outstanding shares of Zap Industries, Inc. and Green Bridge Institute, LLC., to Green Bridge Technologies International, Inc. in exchange for $150,000 collateralized by a Convertible Note. The transaction is subject to customary due diligence and execution of a definitive agreement, which both parties expect to be completed within the next thirty days. Green Bridge Technologies International is a technology-based company that concentrates on developing and marketing new products and services, aimed at improving our world through green technologies. The Company operates a Technology R&D facility, where the main project involves their Vapor Technologies Group and its enhanced muffler design, where new technologies are applied to muffler manufacturing to decrease weights and costs while enhancing performance. ZAP Industries and The Green Bridge Institute will also join the Company's other wholly owned subsidiary, Ecologix. "Although we are selling Zap Industries and Green Bridge Institute, we will still receive royalties on all commercial sales and distribution for ZAP products," stated David Gubb, CEO of Green Bridge Industries, Inc. "With this agreement we will be the exclusive product supplier for all ZAP products and will be the exclusive provider for Commercial Sales and Distribution. This sale allows us to concentrate on our core business while still benefiting from sales and production revenues for the ZAP products." About Green Bridge Industries, Inc.: Green Bridge Industries, Inc. offers non-toxic, environmentally friendly cleaning products to fit the sanitation needs of the medical, agricultural, military, and retail markets. The Company, through its proprietary technology, has the ability to develop bio-renewable alternative cleaning products, which are superior to the synthetic products currently offered in the marketplace. The Company's products are safe for the surfaces it cleans, the environment, animals and humans. For more information on Green Bridge Industries, visit: www.greenbridgeindustries.com. Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. Contacts:
Green Bridge Industries, Inc.
www.greenbridgeindustries.com
Investor Relations
407-389-5900 |
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| Green Bridge Industries, Inc. Set to Expand Presence in $10 Billion Industrial and Institutional Cleaning Products Market |
| Thursday, 26 August 2010 19:13 |
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| Company Develops New Marketing Strategy for Remainder of the Year RIDGEWOOD, NJ--(Marketwire - 08/26/10) - Green Bridge Industries, Inc. (Pinksheets:GRBG - News) is pleased to announce that the Company looks forward to continued success throughout the remainder of 2010. Green Bridge has recently shifted its focus and that of its subsidiaries towards expansion in the Industrial and Institutional cleaning products market, which according to http://www.reportbuyer.com/go/FED00030 is set to hit $10 billion by 2012. Green Bridge Industries' wholly owned subsidiary, Organic Product Solutions (OPS), has confirmed its continued relationship with the United States Postal Service® (USPS), Merrill Lynch, and Coca-Cola Enterprises for 2010. OPS has developed a product line of industrial and household cleaning products under the privately labeled name Natures Solution™. This product line is marketed by a leading industrial supplier and is their exclusive brand of green-cleaning solutions that includes All Purpose Cleaner, Carpet Cleaner and Deodorizer, Glass Cleaner, Degreaser, Hard Surface Cleaner, amongst others. Natures Solution™ "clean-green" products are cost effective, environmentally responsible and outperform the dangerous traditional chemical cleaners currently on the market. Green Bridge's focus for the remainder of 2010 is to strengthen the Company's market share in the $10 billion Industrial and Institutional cleaning products market. Green Bridge is implementing several strategies to accomplish this goal. The Company is working towards the national launch of its product lines as it continues to strengthen its distribution channels. In addition, Green Bridge has plans to continue building market awareness for the Company and its products, attracting key employees and building its sales and distribution network. "Because of our efforts to heighten the awareness of our products we anticipate increasing our sales revenues for the remainder of 2010," stated David Gubb, CEO of Green Bridge Industries, Inc. "We are excited to implement our new marketing strategy and focus on our revenue generating subsidiaries that center around the Institutional and Industrial cleaning market." Green Bridge recently announced it has increased its total sales for the second quarter of 2010 by over $18,000. Green Bridge Industries reported total sales of $51,049 for the second quarter ended June 30, 2010 as compared to $36,048 for the first quarter ended March 31, 2010. Organic Products Solutions, Inc.:
Organic Products Solutions, Inc. (OPS) is a provider of clean technology solutions for the industrial/commercial, household and wastewater segments. OPS products are based on an environmentally friendly formulation that uses a proprietary naturally derived ingredient to super-charge cleaning and remediation in both industrial/household cleaners and wastewater treatment products. OPS cleaning products are able to clean extremely difficult dirt, soils, grease and other hydrocarbons that usually need harsh solvents and other toxic chemicals. OPS's products are marketed to industrial, retail, municipalities, and agricultural markets. About Green Bridge Industries, Inc.:
Green Bridge Industries, Inc. offers non-toxic, environmentally friendly cleaning products to fit the sanitation needs of the medical, agricultural, military, and retail markets. The Company, through its proprietary technology, has the ability to develop bio-renewable alternative cleaning products, which are superior to the synthetic products currently offered in the marketplace. The Company's products are safe for the surfaces it cleans, the environment, animals and humans. For more information on Green Bridge Industries, visit: www.greenbridgeindustries.com.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
Green Bridge Industries, Inc.
www.greenbridgeindustries.com
Investor Relations
(407) 389-5900
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| Green Bridge Industries, Inc. Increases Sales for the Second Quarter by Over 41% |
| Friday, 20 August 2010 13:46 |
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| Company Posts 2nd Quarter Ended June 30, 2010 Financials on Pink Sheets RIDGEWOOD, NJ, Aug 20, 2010 (MARKETWIRE via COMTEX) -- Green Bridge Industries, Inc. (PINKSHEETS: GRBG) is pleased to announce that the Company has increased its total sales for the second quarter of 2010 by over $18,000. Green Bridge Industries reported total sales of $51,049 for the second quarter ended June 30, 2010 as compared to $36,048 for the first quarter ended March 31, 2010. In February, Green Bridge announced the acquisition of Organic Product Solutions (OPS), a provider of clean technology solutions for the industrial/commercial, household and wastewater market segments. OPS has brought immediate revenue to the Company through its continued relationship with a leading industrial product supplier. OPS has developed a product line of industrial and household cleaning products under the private labeled name Natures Solution(TM). Coca-Cola Enterprises, Merrill Lynch, Turner Construction Company and the United States Postal Service(R), as part of their "green initiative," are using the Natures Solution(TM) product line. Green Bridge also reported an increase in its total assets by over $87,000 for the quarter ending June 30, 2010 versus the quarter ending March 31, 2010. The Company reported $2,363,202 in total assets for the quarter ending June 30, 2010 as compared to $2,276,130 in the quarter ending March 31, 2010. The financial statements do not include revenues from the Fusion and BDST acquisitions, in which the Company owns a 50% interest. Green Bridge announced on March 30, 2010 that the Company has acquired 50% ownership of Fusion Incorporated and BDST Leasing LLC, which in 2009 generated over $2 million in revenue and has assets exceeding $1.2 million. Fusion Incorporated concentrates on producing a variety of cleaning brushes and sponge mops for OEM companies who market them as part of their product line. The company produces its brushes for Rubbermaid(R), O'Cedar, Resolve, Kiwi, amongst others. Green Bridge has the option to acquire the remaining 50% of Fusion and BDST for a combination cash and stock. "We are excited about the progress that Green Bridge has made during the first six months of this year and we look forward to continuing to increase shareholder value through sales and key acquisitions," stated David Gubb, President and CEO of Green Bridge Industries, Inc. To view Green Bridge Industries, Inc. most recent filings with Pink Sheets, please go to: http://www.pinksheets.com/pink/quote/quote.jsp?symbol=GRBG. About Green Bridge Industries, Inc.: Green Bridge Industries, Inc. offers non-toxic, environmentally friendly cleaning products to fit the sanitation needs of the medical, agricultural, military, and retail markets. The Company, through its proprietary technology, has the ability to develop bio-renewable alternative cleaning products, which are superior to the synthetic products currently offered in the marketplace. The Company's products are safe for the surfaces it cleans, the environment, animals and humans. For more information on Green Bridge Industries, visit: http://www.greenbridgeindustries.com/. Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. Contact:
Green Bridge Industries, Inc.
www.greenbridgeindustries.com
Investor Relations
(407) 389-5900 |
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| Green Bridge Industries, Inc.'s "Green Beast Washing Agent" Product Now on the U.S. Environmental Protection Agency's National Oil and Hazardous Substance Pollution Contingency Plan(NCP) List |
| Tuesday, 13 July 2010 13:11 |
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RIDGEWOOD, NJ--(Marketwire - 07/13/10) - Green Bridge Industries, Inc. (Pinksheets:GRBG - News) announced today that the Company's "Green Beast™Oil Spill & Odor Remediator" has been submitted to and satisfied the Environmental Protection Agency's (EPA) NCP list (http://www.epa.gov/osweroe1/content/ncp/product_schedule.htm). The Company's "Green Beast™Oil Spill & Odor Remediator" is listed on the NCP Product Schedule under the Surface Washing Agent category and may be authorized for use by Federal On-Scene Coordinators in accordance with 40 CFR section 300.910. The technical data will be kept on file by the Office of Emergency Management's Regulation and Policy Division pursuant to 40 CFR section 300.920.
The National Oil and Hazardous Substances Pollution Contingency Plan, more commonly called the National Contingency Plan or NCP, is the federal government's blueprint for responding to both oil spills and hazardous substance releases. The National Contingency Plan is the result of our country's efforts to develop a national response capability and promote overall coordination among the hierarchy of responders and multiple contingency plans (http://www.epa.gov/oem/content/lawsregs/ncpover.htm).
EPA Disclaimer:
"Green Beast™Oil Spill & Odor Remediator" is on the US. Environmental Protection Agency's NCP Product Schedule. This listing does NOT mean that EPA approves, recommends, licenses, certifies, or authorizes the use of "Green Beast™Oil Spill & Odor Remediator" on an oil discharge. This listing means only that data have been submitted to EPA as required by subpart J of the National Contingency Plan, 40 CFR Section 300.915.
To view the EPA letter in its entirety concerning the NCP listing of "Green Beast™Oil Spill & Odor Remediator" please visit: www.greenbridgeindustries.com/greenbeastapprovalletter.pdf.
To learn more about the National Oil and Hazardous Substance Pollution Contingency Plan and the U.S. Environmental Protection Agency, please visit: http://www.epa.gov/
About Green Bridge Industries, Inc.:
Green Bridge Industries, Inc. offers non-toxic, environmentally friendly products to fit the cleaning needs of the industrial, institutional, medical, agricultural, military, and retail markets. The Company, through its proprietary technology, has the ability to develop bio-renewable alternative cleaning products, which are superior to the synthetic products currently offered in the marketplace. The Company's products are safer for the surfaces it cleans, the environment, animals and humans. For more information on Green Bridge Industries, visit: www.greenbridgeindustries.com.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
Contacts:
Green Bridge Industries, Inc.
www.greenbridgeindustries.com
Investor Relations
407-389-5900 |
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