​​​​Green Planet Group, Inc. Publishes Year End Financial Statements


TEMPE, AZ--(July 17, 2017) - Green Planet Group, Inc. (OTC PINK: GNPG), an emerging leader in green technology, announced that on Friday, June 30, 2017, the Company filed OTC Pink Sheet Limited Information Tier unaudited financial statements for the Fiscal Year ended March 31, 2017.  Company management notes that the past Fiscal Year has been a challenging and transitional one, in which tight control of all expenses resulted in a substantial improvement in overall performance.

Highlights of the overall Company performance, as compared to the previous Fiscal Year (2016), can be summarized as follows:

  • Assets increased by approximately $258,000 to $1.4 million.

  • Accrued Liabilities were reduced by approximately $274,000, which was an improvement of 48%. 

  • Total Liabilities were reduced $760,000, or 14%.

  • Selling, General and Administrative Expenses were reduced by $319,000, or almost 56%, which was the primary factor in reducing Net Loss by 44%.

  • The Company increased its investment in research and development of green technologies by 91%, investing an additional $104,000 over the prior year.


To view the complete filing see:   http://www.otcmarkets.com/financialReportViewer?symbol=GNPG&id=175314 

Ken Bennett, Green Planet Group’s president and CEO, stated, “This past year saw numerous issues resolved, expansion of the Board of Directors, and improvement of our fiscal management, all of which are preparing the Company for its future growth.” 

About Green Planet Group, Inc.
The Company is comprised of four wholly-owned subsidiaries: one operating company and three development companies. XenTx Lubricants, Inc. produces 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.

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: 
Chris Knapp e-mail address: www.cknapp@greenplanetgroup.com
Direct Line: 602 733-8459

For more information see: www.Greenplanetgroup.com



​Green Planet Group Reports Third Quarter Financial Results


TEMPE, AZ – (February 21, 2017) – Green Planet Group, Inc. (GNPG), an emerging leader in green technology, has filed financial statements for the three month period ending December 31, 2016.  The Company’s three month financial results can be summarized as follows:
Net Loss for this quarter continued to improve for the third consecutive quarter:

  • First Quarter’s loss was $167,225, Second Quarter loss was $59,586, and the current quarter loss was $28,668, which is a reduction of 48% from the prior quarter.


Gross Margin on sales by the Company’s XenTx Lubricants subsidiary remained at slightly above 32%.
Selling, General and Administrative expenses were reduced by $22,063, or 35% from the prior quarter.
Cash on Hand increased to $24,600.

 

A footnote to the recently filed financial results has been included regarding the description of the Company’s reserve calculation for its gold placer mining claim in California which is valued at $173 million.  It is anticipated that placer mining operations will begin later this year.  In addition, the Company’s Research and Development costs are significantly reduced as the Healing the Earth, Inc. subsidiary’s proof-of-concept Fast Track Growing System design and fabrication is complete and growing fodder, and the business is now transitioning into production as it evolves from development into revenue production.

 

About Green Planet Group, Inc.

 The Company is comprised of four wholly-owned subsidiaries: one operating company and four development companies.  XenTx Lubricants, Inc. produces 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.

 

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: Ed Lonergan

Phone: 480-998-2400

Email: elonergan@greenplanetgroup.com 

​​​​​​​​​​Green Planet Group Reports Second Quarter Financial Results 

TEMPE, AZ – (November 14, 2016) – Green Planet Group, Inc. (GNPG), an emerging leader in green technology, has filed financial statements for the three month period ending September 30, 2016.  The Company’s three month financial results can be summarized as follows:

  • Revenues increased five percent (5%) over the prior quarter.

  • Gross Profit improved from 25.8% to 32.3% as compared to the prior quarter.

  • Loss from Operations was reduced from $52,000 to $32,000 as the Company continued its efforts to reduce operating costs.

  • Net Loss was reduced from $167,225 in the first quarter to $59,586 in the second quarter, an improvement of $107,639. 


The Company continues to invest in its R&D efforts concentrating on its revolutionary Healing the Earth growing system.  As was recently reported, the first barley fodder product was harvested in late October. Early indications are that the fodder is growing very well. Upon confirmation of our product quality and minor adjustments to the system, the Company will immediately begin full scale production.  

To view the complete filing, use the following link: 
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=162418 

About Green Planet Group, Inc.
 The Company is comprised of four wholly-owned subsidiaries: one operating company and four development companies.  XenTx Lubricants, Inc. produces 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. 

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: Ed Lonergan
Phone: 480-998-2400
Email: elonergan@greenplanetgroup.com 



Green Planet's Revolutionary Growing System Begins Food Production

TEMPE, AZ -  (NewMediaWire) - November 01, 2016 - Green Planet Group, Inc. (OTC PINK: GNPG) has announced that its wholly owned subsidiary, Healing the Earth Inc. has begun food production in its revolutionary food growing system in Congress, Arizona. Ed Lonergan, Green Planet Group founder, noted, "After five years of research and development, we began operation of our proof-of-concept installation last Monday. Our first barley fodder product was harvested last week. Early indications are that the fodder is growing very well. Upon confirmation of our product quality, we will immediately begin full scale production. We see better, faster, cheaper and more reliable food production on the horizon for the future of the human race. This is a very exciting time for us!" 

The Company has built a "proof of concept" growing system installation to provide barley fodder for the feeding of cattle. This installation will verify the productivity and nutritional quality of food grown on the Company's groundbreaking growing technology and validate its three primary concepts: Food on Demand, Food at the Point of Consumption and Fast Track Food.

This revolutionary growing system produces 100% organic food naturally, with no GMOs (genetically modified organisms) or chemical fertilizers.  The system uses 90+% less water than conventional growing methods and plants grow up to 300% faster.
GNPG projects that revenues from the HTE subsidiary could exceed $46 million with a gross profit of $19 million within the next four years. 

Upon completion of a shake-down period, Green Planet will initiate a two year study of the benefits of barley fodder grown in the Company's revolutionary plant growing system when fed to beef cattle. Over the course of a twenty-four month period, the study, to be conducted in conjunction with the University of Arizona College of Agriculture and Life Sciences, will analyze the growth rate and health of cattle fed barley fodder produced from Healing the Earth's mechanized growing system as compared to cattle fed alfalfa hay and a third study group fed a corn-based diet. In addition, the study will analyze the healthfulness and nutritional value of beef produced from the three test groups. 

Lonergan continued, "Now and into the future, Planet Earth's ever increasing human population will need more and more high quality nutrition even as agricultural water and land use must be significantly reduced. Our growing system is fully scalable and can be utilized by any and all livestock, dairy and produce growers to drought-proof and weather-proof agriculture from the effects of climate change across the U.S. and around the world. Our Healing the Earth™ growing system will reduce their costs of production and water use, increase productivity and profits and improve food quality while reducing consumer food costs." 

About Green Planet Group, Inc. 
The Company is comprised of four wholly owned subsidiaries: one operating company and three development companies. XenTx Lubricants, Inc. produces 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. 

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: 
Ed Lonergan
Phone: 480-998-2400
Email: elonergan@greenplanetgroup.com




Green Planet Group Reports First Quarter Financial Results ​

TEMPE, AZ – (August 19, 2016) – Green Planet Group, Inc. (GNPG), an emerging leader in green technology, has filed financial statements for the three month period ending June 30, 2016.  The Company’s three month financial results can be summarized as follows:

  • Total liabilities were reduced from approximately $5.3 million to $4.6 million from the prior quarter, or a reduction of $700,000.  This was primarily due to the Company’s president and its major investor converting $620,000 of debt into equity. 

  • Cash and Cash Equivalents increased from $3,560 to $34,106, which is an increase of $30,546 from the prior quarter.

  • Research and Development investment increased substantially for the quarter and was approximately $105,000, which is an increase of $64,000 over the same period last year.

  • The Company’s efforts to reduce its operating costs continue to have positive impact.  The loss for this quarter was reduced by approximately $117,000 over the same period last year. 


Negotiations to sell the Company’s XenTx Lubricants subsidiary are ongoing and the Company expects to make an announcement in this regard within the next sixty days.  Upon the successful closing of this transaction, the Company would further reduce its liabilities by approximately $3 million.  Edmond L. Lonergan, Green Planet CEO, stated, “As a company primarily focused on the development of new green technologies, reduction of liabilities is an important and hard-won goal and we are pleased to be making progress in that regard.  If we can successfully conclude the sale of the XenTx Lubricants subsidiary, the further reduction in liabilities will greatly improve our balance sheet, opening the door to additional new investment in the Company.  Fiscal 2017 is a year in which a number of our new tech developments will begin to bear fruit and we anticipate great positive movement within this year.” 

To view the complete filing, use the following link:    https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=158646 

About Green Planet Group, Inc.
 The Company is comprised of four wholly-owned subsidiaries: one operating company and four development companies.  XenTx Lubricants, Inc. produces 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. 

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: Ed Lonergan
Phone: 480-998-2400
Email: elonergan@greenplanetgroup.com



Green Planet Group, Inc. Publishes Year End Financial Statements

​Tempe, AZ—(July 5, 2016) – Green Planet Group, Inc. (PINKSHEETS: GNPG) an emerging leader in green technology announced that Thursday, June 30, 2016, the Company filed OTC Pink Sheet Limited Information Tier unaudited financial statements for the Fiscal Year ended March 31, 2016.  Highlights of the overall Company performance can be summarized as follows:

  • The Company has acquired the rights to a one hundred sixty acre (160) placer gold mining claim.  Testing of sample material by an independent laboratory has generated a conservative gold ore reserve calculation of $173 million.
  • Fiscal 2016 proved to be a transitional year whereby the Company maintained its XenTx Lubricants, Inc. gross margins of over 35%.
  • SG&A costs were reduced by approximately $139,000 from the prior year.
  • Excluding one-time adjustments, operating losses were reduced by approximately $218,000 from the prior year.
  • The Company continued research and development of its green technologies investing an additional $114,000 in the past year.
  • Subsequent to the fiscal year end, one of the Company’s major investors, having invested $500,000 with accumulated interest of $30,000 has chosen to exercise their option to convert the $530,000 into seventy nine (79) million shares of restricted common stock.
  • Subsequent to the fiscal year end, Edmond Lonergan, President/CEO, received Board approval to convert all of his outstanding debt of $90,000 into 11.2 million shares of restricted common stock.


Green Planet Group Chief Executive Officer Edmond Lonergan noted, "Fiscal 2016 was a year of continued green technology research and development and the investigation of what may prove to be a highly profitable new revenue stream.  On the basis of extremely promising results from testing of potential ore samples taken from our placer gold mining claim, we are currently reviewing environment-friendly mining equipment and procedures and will initiate large scale sample processing within the next fiscal quarter.  While we have experienced some delays in preparation of facilities and animal pens, we will soon complete installation of our Healing the Earth, Inc. proof-of-concept growing system in Congress, Arizona.  As reported earlier this year, independent laboratory testing has proven that our AAQIS, Inc. HHO gas generator technology will be effective in reducing emissions while improving efficiency in coal-fired power plants.  This is a very exciting time for all of us at Green Planet Group.”

 To view the complete filing see: 
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=157068

 About Green Planet Group, Inc.
The Company is comprised of four wholly-owned subsidiaries: one operating company and three development companies.  XenTx Lubricants, Inc. produces 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. 

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. 



Green Planet’s HHO Generator Provides Answer to UN Air Pollution Warning

May 17, 2016, Tempe, AZ –  Green Planet Group’s (PINKSHEETS: GNPG) AAQIS On-Demand Hydrogen Generator provides partial solutions to an alarming rise in worldwide air pollution as reported by the UN’s World Health Organization (WHO) in a report released May 12, 2016.  The UN’s international health agency reports an alarming increase in urban air pollution around the world.  Among key findings in the report are the following:

  • More than 80 per cent of people living in urban areas that monitor air pollution are exposed to air quality levels that exceed guidelines set by the World Health Organization.
  • Some 98 per cent of cities in low- and middle-income countries with more than 100,000 inhabitants do not meet WHO air quality limits.
  • As urban air quality declines, the risk of stroke, heart disease, lung cancer, and chronic and acute respiratory diseases, including asthma, increases for the people who live in them.
  • Global urban air pollution levels increased by 8 per cent, despite improvements in some regions.
  • Ambient air pollution, made of high concentrations of small and fine particulate matter, is the greatest environmental risk to health – causing more than three million premature deaths worldwide every year.

“Urban air pollution continues to rise at an alarming rate, wreaking havoc on human health,” said Maria Neira, WHO Director, Department of Public Health, Environmental and Social Determinants of Health.

Green Planet’s AAQIS HHO On-Demand Generator addresses this issue on a number of levels.  Dynamometer testing of the AAQIS generator has recorded fuel efficiency improvement of 40 percent and a reduction in exhaust emissions to very nearly zero on gasoline fueled engines.  On diesel fueled engines, the AAQIS HHO generator produced a reduction in fuel consumption of 28% and a reduction in emissions of 60%.  AAQIS’s revolutionary technology utilizes the excess electricity generated by a vehicle’s engine to break down water into its base elements, hydrogen and oxygen.  This HHO gas is then fed into the engine resulting in improved mileage and reduced emissions.  Ed Lonergan, Green Planet president and CEO noted, “This technology can be applied to any and all large bore internal combustion engines with dramatic positive results.  That includes everything from trucks to buses, ships, trains, heavy equipment and stationary equipment such as generators and compressors.”

In addition, the introduction of HHO gas has been proven to have a positive effect on fuel use and emissions in coal-burning power plants, a major contributor to harmful air pollution.  As recently reported, results of testing by Western Research Institute (WRI), a research organization renowned for work in advanced energy systems, environmental technologies and highway materials research and technologies include:


  • Introduction of oxyhydrogen (HHO) gas did positively affect carbon conversion and, consequently, the combustion efficiency. 
  • An increase in ash quality with respect to carbon content was noted.  The baseline carbon content in the ash was approximately 11.5% of weight.  After injecting HHO gas, the carbon content was as low as 7.7%, an improvement of 33%.
  • Coal consumption was reduced by almost 3% due to the improvement of carbon conversion efficiency.
  • SO₂ formation was reduced primarily by reducing coal consumption by almost 3%.

The WRI research report noted, “The results indicate that HHO injection has the potential to increase carbon conversion, supply a clean burning energy source and reduce emission by displacement of coal.”  Lonergan continued, “On the road, on the railways, at sea, at construction sites, in industry and in coal-burning power plants, our AAQIS On-Demand HHO Generator technology will work hard to improve air quality and reduce fossil fuel consumption.  AAQIS will save lives and save billions of dollars in fuel costs for our customers.  This UN report reinforces the potential global demand for our AAQIS products and our plans for the commercial launch of our HHO generator program. As is true of our revolutionary Healing the Earth™ food growing system, this technology truly fulfills our Company Mission Statement - To advance the health and natural wealth of our planet through investments that directly benefit the environment, the emerging green economy and our shareholders.”

About Green Planet Group, Inc.
 The Company is comprised of four wholly-owned subsidiaries: one operating company and three development companies.  XenTx Lubricants, Inc. produces 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. 

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.


Green Planet Gold Claim Testing is Positive and Productive

 TEMPE, AZ – (May 10, 2016) – Green Mining Technologies, Inc., a wholly owned subsidiary of Green Planet Group, Inc. (GNPG), has announced positive results from further testing of material collected on its one hundred sixty (160) acre placer gold mining claim in Kern County, California.  As noted in a previous news release, independent laboratory testing, conducted by LP Analytical of Phoenix, Arizona, on thirty-three (33) ore samples has proven that this claim has significant gold values.  On the basis of that testing, the very conservative asset value of this claim (after reducing the calculated value by 90%) is estimated at approximately $173 million.  

LP Analytical has conducted repeated testing on material collected from the placer mining claim by means of inductively coupled plasma mass spectrometry (ICP-MS), a type of mass spectrometry which is capable of detecting metals and several non-metals at concentrations as low as one part in 1015 (part per quadrillion, ppq) on non-interfered low-background isotopes.  Test results have repeatedly shown commercially significant amounts of gold and other precious metals.  This replication of testing with consistent results from each subsequent testing round provides further validation for the estimated value of the claim. 

Green Mining Technologies management is concurrently exploring various placer material processing techniques in order to identify the process that maximizes gold recovery while meeting the Company’s goal of minimizing disturbance of the land and environment.  Ed Lonergan, GNPG CEO and president, noted, “At the end of the day, it is the recovered and refined gold that you take to the bank.  That’s the reason we are pushing ahead with efforts to define our processing plans at this time.  Later this week, we will run a fire assay on larger quantities of concentrates from our sampling.”       

In addition, The Company will begin testing of its soil reclamation technology, a primary business initiative, providing another green technology with the capacity to generate substantial revenues.  This will be the first application of the soil reclamation technology to material collected from the Kern County mining claim.  Lonergan continued, “Since every location has its own unique soil composition, we are using the “tailings” produced from our sample placer material wet gravity concentration process to begin testing of soil amendment formulations.  We anticipate the testing of at least fifteen (15) formulations of our proprietary soil amendments to determine which will work best at this location.  Subsequent to our announcement regarding this initiative last month, we have already received inquiries from industry and government organizations which we believe confirm the potential for revenue generation from this technology.” 

About Green Planet Group, Inc.
The Company is comprised of four wholly-owned subsidiaries: one operating company and four development companies.  XenTx Lubricants, Inc. produces 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. 

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.



Green Planet Group Confirms Efficacy of AAQIS HHO Generator  

April 26, 2016, Tempe, AZ – Green Planet Group, Inc. (PINKSHEETS: GNPG) announced today that its AAQIS, Inc. wholly owned subsidiary has had the efficacy of oxyhydrogen (HHO) gas in reducing emissions while improving efficiency in coal-fired power plants.  The need for such improvements in coal-fired electricity generation in light of the planet-wide focus on greenhouse gases and climate change has never been clearer:

  • 39% of all electricity used in the U.S. in 2014 came from coal-burning plants

  • 90% of U.S. coal production is used to generate electricity

  • Beginning in 2007, the U.S. EPA advanced restrictions on coal-fired plants to counteract mercury pollution, smog and global warming.

  • On August 3, 2015, President Obama announced plans for further restrictions on coal-fired plants to achieve a 32% reduction in 2030 in emissions from 2005 levels.

Company management has received confirmation of positive results of testing conducted by the Western Research Institute of Laramie, Wyoming.  Western Research Institute (WRI) is a multi-million dollar, not-for-profit, research organization renowned for work in advanced energy systems, environmental technologies and highway materials research and technologies.  Results of testing by WRI include:

  • Introduction of oxyhydrogen (HHO) gas did positively affect carbon conversion and, consequently, the combustion efficiency.

  • An increase in ash quality with respect to carbon content was noted.  The baseline carbon content in the ash was approximately 11.5% of weight.  After injecting HHO gas, the carbon content was as low as 7.7%, an improvement of 33%.

  • Coal consumption was reduced by almost 3% due to the improvement of carbon conversion efficiency.

  • SO₂ formation was reduced primarily by reducing coal consumption by almost 3%.

The WRI research report noted, “The results indicate that HHO injection has the potential to increase carbon conversion, supply a clean burning energy source and reduce emission by displacement of coal.”
Ed Lonergan, GNPG president and CEO noted, “While more testing is required, it is now clear that application of our AAQIS HHO gas generation technology can have positive impact on coal consumption, air polluting emissions and ash.  These initial findings by an independent laboratory provide exciting verification of our pre-production assumptions.  We now have verification that our AAQIS HHO generator technology will reduce coal consumption in power plants and has the potential to extend the life of coal-fired electricity generation facilities. ”

About Green Planet Group, Inc.
 The Company is comprised of four wholly-owned subsidiaries: one operating company and three development companies.  XenTx Lubricants, Inc. produces 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. 

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:  Ed Lonergan
                Phone: 480-998-2400
                Email:  elonergan@greenplanetgroup.com


Green Planet Group Acquires Gold Mining Claim

TEMPE, AZ – (April 19, 2016) – Green Mining Technologies, Inc., a wholly owned subsidiary of Green Planet Group, Inc. (GNPG), has acquired rights to a one hundred sixty (160) acre gold mining claim in Kern County, California from the U.S. Bureau of Land Management.  The Company plans to begin a small mining operation on the claim in early June, 2016.  The mining operation will be designed to minimize negative impact on the land, while generating significant revenue and profitability for Green Planet from production of gold and other precious metals. 

Independent laboratory testing, conducted by LP Analytical of Phoenix, Arizona, on thirty-three (33) ore samples has proven that this claim has significant gold values.  The very conservative asset value of this claim (after reducing the calculated value by 90%) is estimated at approximately $173 million.   

In addition to the revenue generated from gold refined from this placer mining claim, Green Mining Technologies will use this mining operation to prove the efficacy of its soil reclamation technology, providing another green technology with the capacity to generate substantial revenues.  This will be the first field demonstration of the soil reclamation technology and will utilize the patentable nutrients currently developed for Green Planet’s Healing the Earth™ revolutionary plant growing system. 

Ed Lonergan, Green Planet CEO, noted, “Every location has its own unique soil composition.  Therefore, we anticipate the testing of at least fifteen (15) formulations of our proprietary soil amendments to determine which will work best at this location.  The potential for revenue generation from this technology is tremendous.  There are hundreds of abandoned and currently operating mining operations throughout the West that require healthy, natural soil reclamation and we believe that our technology can accomplish this.  We are excited about this opportunity to exploit the synergies that exist among our green technologies to generate revenue and profits and to remediate damage to soil from mining operations thus improving the environment.”

About Green Planet Group, Inc.
The Company is comprised of four wholly-owned subsidiaries: one operating company and four development companies.  XenTx Lubricants, Inc. produces 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. 

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: Ed Lonergan
Phone: 480-998-2400
Email: elonergan@greenplanetgroup.com



Green Planet Group Reduces Debt by 2/3 – Achieves OTC Pink Sheet Compliance

 TEMPE, AZ – (April 6, 2016) – Green Planet Group, Inc. (GNPG), an emerging leader in green technology, announced today that it has reduced its debt load by approximately 68% as follows:

  • The Company’s largest creditor, Shelter Island Opportunity Fund, has agreed to reduce its outstanding note for incurred interest and penalties from $2,980,000 to $250,000, a reduction of $2,730,000.  This reduction of debt requires that the Company raise the $250,000 by May 31, 2016.

  • The Company had a loan (plus interest) from a local bank in Oklahoma totaling approximately $156,000.  Recent Court documents show the outstanding balance due is $0.00.

  • One of the Company’s major investors, having invested $500,000 with accumulated interest of $50,000, has chosen to exercise their option to convert the $550,000 into 79 million shares of restricted common stock.

  • Edmond L. Lonergan, GNPG president and CEO, has received approval from the Company board of directors to convert all of his outstanding debt of $90,000 into restricted common shares at the average price over the last fiscal quarter ($0.008/share), totaling 11.2 million shares.


These reductions in Company debt will not have any negative impact on its corporate tax liabilities.  The total reduction of Company liabilities is $3.5 million, which represents approximately 68% of total liabilities. The impact of this debt reduction will be reflected in the Company’s fiscal year end, 2016. 

In other news, Green Planet Group has completed filings to achieve full compliance with the OTC regarding its rules for disclosure.  The “yield” sign, previously displayed on the Company’s OTC Pink Sheets listing, has been removed.  Company management is committed to maintaining full disclosure compliance henceforth. 

About Green Planet Group, Inc.
The Company is comprised of four wholly-owned subsidiaries: one operating company and four development companies.  XenTx Lubricants, Inc. produces 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. 

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: Ed Lonergan
Phone: 480-998-2400
Email: elonergan@greenplanetgroup.com



Green Planet Group Reports Third Quarter Financial Results 

TEMPE, AZ – (February 17, 2015) – Green Planet Group, Inc. (GNPG), an emerging leader in green technology, has filed financial statements for the nine month period ending December 31, 2015.  The Company’s third quarter financial results can be summarized as follows:

  • The Company continued to reduce its Operating Expenses, which were averaging almost $200,000 per quarter, to $98,648, an improvement of approximately fifty percent.

  • Gross margin was consistent with prior quarters, remaining at 33%.

  • The Company’s investment in Research and Development increased by $21,494, totaling $101,477 over the nine month period.

  • The Company’s cash position continued to erode as virtually all of its cash resources were used to continue R&D efforts.

  • Accrued Payroll liabilities were reduced from the prior period, from $19,308 to $9,819, a reduction of fifty percent.


Green Planet CEO Edmond L. Lonergan stated, “While we are disappointed in the Company’s third quarter results, we believe we have made great progress in refocusing our efforts on our core values and corporate mission, ‘To advance the health and natural wealth of our planet through investments that directly benefit the environment, the emerging green economy and our shareholders.’  As a part of that effort, for the past several months we have been conducting negotiations to divest the Company of the its lubrication business which has continued to be a drain on our resources despite significant efforts to rebrand products and open new revenue streams.  In addition to eliminating that operating loss, sale of the lubrication business would also result in the elimination of over $3,000,000 in debt from our balance sheet.  We hope to be able to announce this sale before the end of this fiscal year.” 

To view the complete filing, use the following link: www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=150751


About Green Planet Group, Inc.

 The Company is comprised of four wholly-owned subsidiaries: one operating company and four development companies.  XenTx Lubricants, Inc. produces 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.

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: Ed Lonergan
Phone: 480-998-2400
Email: elonergan@greenplanetgroup.com
​​​​​


Green Planet Group Reports Second Quarter Financial Results


TEMPE, AZ – (November 19, 2015) – Green Planet Group, Inc. (GNPG), an emerging leader in green technology, has filed financial statements for the six month period ending September 30, 2015. The Company’s six month financial results can be summarized as follows: 

  •  Revenues were modestly increased by approximately 9% over the previous quarter. 

  • Selling, general and administrative expenses were reduced by approximately $115,000 from the prior quarter. 

  • Operating losses were $221,000 for the first quarter which were reduced to $109,000 in the second quarter, which is an improvement of $112,000. 

  •  Overall loss for the second quarter was $170,000 as compared to a loss of $283,000 in the prior quarter.  

  • Research and development expenditures almost doubled to approximately $80,000 in the second quarter.


Green Planet CEO Edmond L. Lonergan stated, “Our management team has worked diligently to effect operating cost reductions and overall cost containment. Although we continue research and development work on our developmental stage projects, in the second quarter we were been able to improve our overall performance. We continue to believe that our Company will be profitable by the end of the current fiscal year.”


To view the complete filing, use the following link: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=147116


About Green Planet Group, Inc. The Company is comprised of four wholly-owned subsidiaries: one operating company and four development companies. XenTx Lubricants, Inc. produces 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.


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.


Green Planet Explores Huge New HHO Generator Market


September 29,2015, Tempe, AZ – Green Planet Group, Inc. (PINKSHEETS: GNPG) announced today that it’s AAQIS, Inc. wholly owned subsidiary has begun to investigate the utilization of its oxyhydrogen (HHO) gas generation technology in reducing emissions while improving efficiency in coal-fired power plants.  The need for such improvements in coal-fired electricity generation in light of the planet-wide focus on greenhouse gases and climate change has never been clearer:
·         39% of all electricity used in the U.S. in 2014 came from coal-burning plants
·         90% of U.S. coal production is used to generate electricity
·         Beginning in 2007, the U.S. EPA advanced restrictions on coal-fired plants to counteract mercury pollution, smog and global warming.
·         On August 3, 2015, President Obama announced plans for further restrictions on coal-fired plants to achieve a 32% reduction in 2030 in                   emissions from 2005 levels.

Ed Lonergan, GNPG president and CEO, noted, “We now believe that application of our AAQIS technology could extend the life of coal-fired power plants significantly through the reduction of fuel use and plant emissions.  Further, we can help provide for an orderly transition to alternative fuels.  The impact of our research with WRI and the application of our technology to power plants will have world-wide impact.  After all, China currently generates 70% of its electricity from coal-fired plants.”   Lonergan further stated that AAQIS will initiate research through WRI into the application of HHO gas in coal-fired plants within the next fiscal quarter.

About Green Planet Group, Inc.
 The Company is comprised of four wholly-owned subsidiaries: one operating company and three development companies.  XenTx Lubricants, Inc. produces 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.


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. 

Green Planet Group Reports First Quarter Financial Results

TEMPE, AZ – (August 14, 2015) – Green Planet Group, Inc. (GNPG), an emerging leader in green technology, has filed financial statements for the three month period ending June 30, 2015.  The Company’s three month financial results can be summarized as follows:

  • Cash and Cash Equivalents were $8,871, which is a reduction of $66,995 over the prior quarter.

  • Inventory was slightly reduced by approximately $6,000 from the prior period.

  • Accounts Payable was $49,162, which is an increase of $27,000 from the prior quarter.

  • Gross Profit increased slightly to 36.7% over the prior period.

  • R & D investment for the quarter was $41,000.

  • Loss from Operations was $221,132, which was primarily due to the ongoing costs of implementing new sales and marketing strategies for the XenTx Lubricants, Inc. subsidiary.  


Edmond L. Lonergan, Green Planet CEO, stated, “While we are dissatisfied with our first quarter results, we recognized from the start of our reorganization and the XenTx Lubricants rebranding efforts that these were long term investments for the growth of the Company and its sales revenues.  The first calendar quarter of each year is traditionally a slow period for XenTx sales.  We are already seeing improvements in sales revenue in the current quarter.  And, on a positive note, I am pleased to announce that we are currently in negotiations with the Company’s largest creditor and hope to resolve this issue in the near future.  We are confident that our financial performance will improve throughout this fiscal year.” 

To view the complete filing, use the following link:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=142957 

About Green Planet Group, Inc.
 The Company is comprised of four wholly-owned subsidiaries: one operating company and four development companies.  XenTx Lubricants, Inc. produces 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.
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.


Green Planet’s XenTx Lubricants Sales Begin to Flow on Amazon

TEMPE, AZ—(July 30, 2015) – Green Planet Group, Inc. (PINKSHEETS: GNPG) wholly owned subsidiary, XenTx Lubricants, Inc. has opened an important new revenue stream through AMAZON.COM.  XenTx management began development of the selling relationship with Amazon last year and continues to refine Synergyn Performance and XenTx branded product listings.  In recent weeks, significant sales have begun to flow through Amazon.  Don Watson, XenTx Lubricants general manager, noted, “For a company of our size, Amazon represents a great opportunity for our top-line growth.  We have over two dozen products and more than seventy SKUs listed on Amazon.  It has been a real challenge to get a catalog that large up and running.  Now, as we see orders from Amazon coming in, it has been a real surprise to see sales of fifty-five gallon drums of our products!  This is an exciting time for us and a great revenue growth opportunity for our Synergyn Performance and XenTx products.”

Synergyn Performance and XenTx products available on Amazon include: motor oils, racing oils, gear lubricants, transmission lubricants and fluids, fuel and oil additives and spray lubricants.  Ultimately, the Company anticipates a total catalog listing in excess of 150 items on AMAZON.COM by year’s end.

The Company has recently inked a deal with McCaffery & Associates, Inc. of Tualatin, Oregon, to assist in product marketing and merchandising on Amazon.  McCaffery is providing support in fine tuning the Synergyn Performance and XenTx product listings to strengthen product visibility and assist in growing Amazon sales.  Watson continued, “McCaffery and Associates has valuable experience in building sales on Amazon.  We’re delighted to have them working with us and expect great things from this relationship.”  In addition to amazon.com, Synergyn Performance and XenTx products are available for sale on the Company’s website, www.synergynperformance.com.

 About Green Planet Group, Inc.
The Company is comprised of four wholly-owned subsidiaries: one operating company and three development companies.  XenTx Lubricants, Inc. produces 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.

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.


Green Planet Group Notified of SEC Action
June 24, 2015, Tempe, AZ – Green Planet Group, Inc. (PINKSHEETS: GNPG) announced today that on June 6, 2015, company management was notified that on June 1, 2015, the Securities and Exchange Commission (SEC) filed a civil injunction (Civil Action no. 0:15-cv-61148-KMW – U.S. District Court for the Southern District of Florida) alleging that Green Planet Group, Inc. and Edmond L. Lonergan, the company’s CEO and president, were involved in a market manipulation scheme involving the company’s stock. The SEC alleges that the defendants violated Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5(a) and 10b-5(c).
Green Planet Group management has retained counsel in this matter and will mount a vigorous and aggressive defense against this action.  Management anticipates vindication of the company and Mr. Lonergan in this matter and will post updates as further events occur.


About Green Planet Group, Inc.
 The Company is comprised of four wholly-owned subsidiaries: one operating company and three development companies.  XenTx Lubricants, Inc. produces 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.

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.

 

www.greenplanetgroup.com


Green Planet Group Testing Growing System Software
Tempe, AZ - (June 15, 2015) – Green Planet Group, Inc. (OTC Pink: GNPG) announced today that its wholly owned subsidiary, Healing the Earth, Inc. (HTE), has Initiated testing of its proprietary computer controlled growing system.  This revolutionary growing system has been designed to measure and respond to minute changes in its climate-controlled plant growing environment.  The Company has developed sensors to measure minute changes in conditions such as temperature and humidity that are linked via custom-designed software controlling elements such as water and nutrient distribution as well as ambient temperature and lighting.


Ed Lonergan, Green Planet CEO, noted, “Our first objective was to grow food more efficiently, with less waste and far less negative impact on Planet Earth and our environment.  Our system achieves that with better than a 90% reduction in water use, zero chemical run-off into ground water and streams, and no GMOs.  Beyond that, our all natural approach to plant cultivation is also designed to increase food production by more than 300% as compared to traditional cultivation methods and to surpass all other controlled environment growing systems.  For this reason, we have invested in the development of the intellectual property that allows our system to closely monitor growing conditions and to create the ideal growing environment specific to each crop or plant type.” 

Yesterday, HTE management initiated testing of the growing system’s proprietary water and nutrient distribution system.  Results of this early testing show great promise.  Jim Schoenberger, Healing the Earth General Manger, said, “Our testing results were just what you hope for in initial testing.  I was waiting to watch the first test round out by the growing system when I realized our system designer was standing next to me.  I asked him if he wasn’t going to fire it up.  He said, ‘Nope.  The computer is.’  And right then, valves opened for a few second burst of water/nutrient spray just as programed.  Through this testing, we’ve identified opportunities to further tighten controls, so we’re already refining a great system.  We’re now just days away from full-blown climate-controlled plant growth trials.”

Healing the Earth, Inc. is building a "proof of concept" growing system installation in Congress, Arizona, to provide barley fodder for the feeding of cattle.  This installation will verify the productivity and nutritional quality of food grown on the Company's groundbreaking growing technology and validate its three primary concepts: Food on Demand, Food at the Point of Consumption and Fast Track Food.  This revolutionary growing system produces 100% organic food naturally, with no GMOs (genetically modified organisms) or chemical fertilizers.  The system uses up to 90% less water than conventional growing methods and plants grow up to 300% faster.  GNPG projects that revenues from the HTE subsidiary should exceed $46 million with a gross profit of $19 million within the next four 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.


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.