TEMPE, Ariz., June 2, 2015 /PRNewswire/ -- Green Planet
Group, Inc. (PINKSHEETS: GNPG) announced today that its wholly
owned subsidiary, Healing the Earth, Inc. (HTE), has initiated
barley fodder growing tests at its Tempe,
Arizona, headquarters. In early May, HTE management
began plant growth testing to refine key proprietary elements of
the Company's automated plant growing system. Results of the
testing have been extremely positive.
Photo - http://photos.prnewswire.com/prnh/20150601/219831
Edmond Lonergan, Company founder
and CEO, noted, "We are excited and encouraged by our initial
growing test results. As compared to fodder growing systems
currently on the market, our system is producing fodder that is
taller, heavier and nutrient-packed. Theirs is pale green,
thin and light with much of the barley seed unsprouted. Ours
is dark green and lush, with barley shoots ten to twelve inches
high. Next week we will have our computer-controlled lighting
and water/nutrient distribution systems up and running and we
anticipate even greater results in product mass and quality.
And, we are already refining operational procedures to increase
production and reduce operating expense."
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 could
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 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:
Jim Schoenberger
602 614-0919
Email: jschoenberger@greenplanetgroup.com
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SOURCE Green Planet Group, Inc.