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Greene Concepts Announces Escrow Funds Now on Deposit as Company Moves Towards Closing of Beverage Facility

NEW YORK, Dec. 18, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--Greene Concepts, Inc. (OTC: INKW) announced today that in conjunction with the Companya??s recently announced Letter of Intent to purchase a beverage and bottling facility that $125,000 has been placed on deposit with an Escrow Agent to secure the agreement for the property as all parties work towards finalization of the agreement and purchase.
It is the Companya??s desire to work towards closing of this deal and property at the earliest possible date.A  Various equipment and industry experts have met with the Company recently at the bottling plant in review of the plant and facility as we gear the Company towards closing of this transaction.The Company is also pleased to announce that the Companya??s stock recently became DTC eligible.A  Additionally, the Company has posted financials for the quarter ending 10/31/18.Please watch for additional updates and announcements to be released.A About Greene Concepts, Inc.Greene Concepts, Inc. (https://www.greeneconcepts.com/) is a publicly traded company that is in the process of transitioning from the ink technology business to the specialty beverage and bottling business.Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.CONTACT:A Greene Concepts, Inc.
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