MARION, N.C., March 27, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Greene Concepts, Inc. (OTC: INKW) today
updated shareholders on the Company’s progress towards relaunching production at the Company’s beverage and bottling plant in
Marion, North Carolina.
In February of this year, Greene Concepts Inc. acquired 100% of Mammoth Ventures Inc. which is the holding
company that acquired and owns the 60,000 sq. ft. bottling facility and all equipment previously owned and operated by North Cove
Springs Bottling and Beverage Inc. Mammoth Ventures Inc. is a wholly-owned subsidiary of Greene Concepts Inc.
Upon acquiring the bottling facility, Mammoth Ventures began the process of performing required maintenance to
revitalize all the equipment and facility infrastructure in order to relaunch production at the plant. At the time of the
acquisition all of the plant equipment was in superb condition though the equipment did require a thorough inspection and light
maintenance to assure proper operation when the bottling lines are relaunched. The Company hired a 30+ year veteran of the beverage
and bottling industry as plant manager to oversee operations as well as the revitalization and relaunch of the facility.
The Food and Drug Administration requires adherence to current good manufacturing practice (CGMP) regulations
for the processing and bottling of bottled drinking water, which includes facility inspection and documentation of corrective
measures and reporting requirements, as well as new requirements for hazard assessments and food safety (HACCP) plans mandated by
the Food Safety and Modernization Act (FSMA). Final preparations for inspection are underway, including building and facility
maintenance such as pressure washing, painting, general cleaning, and minor building repairs.
In addition to complete cleaning and maintenance of the 60,000 sq. ft. facility, standard operating policies and
procedures must be documented in accordance with federal legislation. This includes conducting and reporting of microbial testing
of source water and any finished product, which must be completed prior to initiating filling and packaging of bottles for shipment
from the Company’s production lines.
“We are 100% committed to the safety of our products and welfare of our customers,” said Karen Howard, CEO of
Greene Concepts Inc. “Adhering to the FDA’s food safety standards is our number one priority at the moment. We anticipate
scheduling of regulatory inspection is in the next 45-60 days.”
In concert with the coordination of the final preparations for inspection and the launching of production, the
Company is presently working with a number of distributors and retailers to presale orders for production once the plant is fully
operational. The progress being made at the plant has been going extremely well and schedules of maintenance, repairs and facility
preparations have consistently been on or ahead of schedule.
About Greene Concepts, Inc. and Mammoth Ventures Inc.
Greene Concepts, Inc. (http://www.greeneconcepts.com) is a publicly traded company and thru its newly acquired
wholly-owned subsidiary Mammoth Ventures Inc. has entered into 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: Greene Concepts, Inc.
Investor Relations
info@mammothventuresinc.com
