Green Globe International, Inc. Posts Quarterly Financial Report at OTC Markets Website
16 August 2010 - 10:00PM
Green Globe International, Inc. (Pink Sheets:GGII), the worldwide
owner of the Green Globe brand, has posted the company's
consolidated financial information for the period ended June 30,
2010, at the OTC Markets website at www.otcmarkets.com. Green
Globe has chosen the OTC Markets platform to disclose its financial
information and by filing the quarterly report, the company will
maintain its information disclosure status on the site.
The report includes a summary of the company's revenues and
assets, including its ownership of the Green Globe brand, its
investment in Village Green Global, Inc. and its participation in
the partnership with Village Green and Greenopia to certify
businesses in 20 U.S. cities.
Revenue streams that the company has outlined in recent months
include environmental reporting, due to Green Globe's co-venture
agreement with Village Green Global, Inc.; Green Globe
certification services, through the company's ongoing licensing
arrangement with Green Globe Certification; the Green Globe Index
sustainability assessment program; and additional consulting and
services delivered under the Green Globe brand.
"We are pleased to have the report from our last completed
quarter posted to the OTC Markets website," said Steven R. Peacock,
Managing Director and Chief Executive Officer of Green Globe
International, Inc. "While the revenue streams that we have
been focused on in the last quarter are not significantly
represented in the report for this period, we do expect that they
will begin to manifest themselves in the coming quarters."
The Green Globe brand and program, which traces its roots back
to the United Nations Rio de Janeiro Earth Summit in 1992, where
182 Heads of State endorsed the Agenda 21 principles of Sustainable
Development, has primarily been used in the travel and tourism
industry but is now being expanded to include a growing number of
environmentally responsible businesses in a variety of market
sectors. The Green Globe brand is an ideal symbol for the
world's increasing awareness of environmental responsibility and
response to global climate change.
The company encourages all shareholders and others interested in
following the progress of the Green Globe brand to subscribe to
receive email alerts whenever new information is made public.
To subscribe, please visit
http://www.greenglobeint.com/stayconnected/email/.
About Green Globe International, Inc.
Green Globe International, Inc., through its 88% majority
ownership in Green Globe, Ltd., a UK corporation, is the worldwide
owner of the Green Globe brand, the recognized leader of
sustainability certification and benchmarking programs, carbon
footprint calculation and offset programs, and a broad range of
consulting services. Green Globe
International is an affiliate member of the United Nations World
Tourism Organization and the World Travel & Tourism Council
(WTTC), the business leaders' forum for the travel and tourism
industry, is a major shareholder of Green Globe
International. For more information on the company and its
programs, please visit www.greenglobeint.com or call
888-528-0883.
The Green Globe International, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6582 For
information on Green Globe Certification, please visit
www.greenglobe.com. To see sustainable travel options, please
visit www.greenglobe.travel.
Safe Harbor Statement
This release contains forward-looking statements with respect to
the results of operations and business of Green Globe
International, Inc., which involves risks and uncertainties.
The Company's actual future results could materially differ
from those discussed. The Company intends that such
statements about the Company's future expectations, including
future revenues and earnings, and all other forward-looking
statements be subject to the "Safe Harbors" provision of the
Private Securities Litigation Reform Act of 1995.
CONTACT: Green Globe International, Inc.
Public Relations and Communications
888-528-0883
corporate@greenglobeint.com
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