SOURCE: Green Planet Group
May 28, 2014 09:15 ET
TEMPE, AZ--(Marketwired - May 28, 2014) - Green Planet Group, Inc. (OTC Pink: GNPG) (PINKSHEETS: GNPG) announced today that its wholly owned subsidiary, Healing the Earth, Inc., has submitted a series of trademark applications to the U.S. Patent and Trademark Office. The trademarks were developed primarily by the Company's media and branding team to describe the various unique features and benefits of its revolutionary organic growing system:
Jim Schoenberger, the Company's vice president - sales and marketing, noted, "A worldwide awareness of the impending cataclysmic inability to feed the Earth's population has dawned. Action must be taken today to eliminate starvation and to feed future world populations. The need for immediate change in food cultivation processes is featured in National Geographic magazine's May 2014 cover story, 'The New Food Revolution.' Our revolutionary growing system provides an answer to this dilemma." GNPG projects that revenues from the Healing the Earth subsidiary could exceed $200 million with a net profit of $40 million within the next five years.
About Green Planet Group, Inc.
The Company is comprised of four wholly owned subsidiaries: one operating company and three development stage companies. XenTx Lubricants, Inc. produces XenTx and Synergyn brand lubricants and additives for gasoline and diesel engines. 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.
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.
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