SOURCE: Banx and Green Group
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March 20, 2008 15:26 ET
Banx and Green Group Inc. President Resigns
CORAL SPRINGS, FL--(Marketwire - March 20, 2008) - Banx and Green Group Inc. announced today
that Rick Papaleo resigned his position as President.
The company thanked Mr. Papaleo for his brief service and both parties
mutually decided that Mr. Papaleo should resign as President.
"I believe that this is best for everyone and would like to thank the
company and the shareholders for this great opportunity," stated Rick
Papaleo.
Mr. Papaleo will return to his consulting practice.
The company will name a management replacement next week and is moving the
main office to Orlando and all the details will be filed with the state of
Nevada and regulatory agencies.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: The statements contained in this release that are not historical, are
forward-looking statements that are subject to risks and uncertainties that
could cause results to differ materially from those expressed in the
forward-looking statements, including but not limited to certain delays and
risks detailed from time to time in the company's filings with the
Securities and Exchange Commission.