SOURCE: Green Planet Group

January 29, 2014 09:00 ET

Green Planet Group, Inc. Expands Management Team

SCOTTSDALE, AZ--(Marketwired - Jan 29, 2014) - Green Planet Group, Inc. (OTC Pink: GNPG) announced today that it has significantly expanded its management team, adding three experienced professionals to help guide the Company's growth and fulfill its mission as an emerging world leader in green technology. All three have extensive experience in managing public companies with a strong focus in the automotive aftermarket.

James Schoenberger will become the Company's vice president of sales and marketing as well as manage its media activities. Jim has 30 years of experience in marketing planning, communications and media management as an advertising agency president and corporate vice president of marketing for major automotive aftermarket retail chains. He has developed successful sales and marketing programs and Clio Award winning ad campaigns for a broad range of retail and consumer goods clients. Schoenberger stated, "With our team in place, I believe that we will help revenues grow threefold within the next year while improving operating efficiencies."

Thomas Spaur will become the Company's financial controller as well as being responsible for its ongoing efforts to return to its status as an SEC reporting company. Tom has over 25 years of accounting experience in both public and private companies and earned his CPA designation in 1991. In addition, he has many years of experience in start-ups, mergers and acquisitions, financial software oversight, risk management and human resources.

Don Watson will become the Company's manager of operations and will be responsible for its daily operations. Don has over 25 years of operational, administrative and financial experience and served as the chief administrative officer of a $2.0 billion public company. In addition, Don has many years of experience in integrating newly acquired companies into a cohesive operation therefore building successful, profitable corporations.

Green Planet Group CEO Edmond Lonergan noted, "Jim, Tom and Don bring valuable talent and experience to our Company. Their automotive aftermarket experience will immediately enhance our XenTx and AAQIS subsidiaries. They understand our business, are focused on growing sales and capital resources, and are excited to be involved in the Company's emerging green technologies. I am excited to have them on our team and believe that they will have an immediate positive impact on the Company's performance."

About Green Planet Group, Inc.

The Company is comprised of five wholly-owned subsidiaries: one operating company and four development companies. XenTx Lubricants, Inc. produces lubricants and additives for gasoline and diesel engines. Arizona Independent Power Company is a development stage company holding rights to the Verde Pumped Storage Project. AAQIS, Inc. is developing a hydrogen generator which greatly reduces hydrocarbon emissions while improving fuel efficiency in internal combustion engines. Green Mining Technologies, Inc. is developing green technologies for the mining of precious metals. The Company's Healing the Earth subsidiary is developing a new "fast track" growing system capable of growing vast amounts of fresh, organic food.

Forward-Looking Statements

Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). Green Planet Group, Inc. cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.

Contact Information

  • Contact:

    Jim Schoenberger