MATAWAN, NJ — (Marketwire) — 01/16/12 — B Green Innovations, Inc. (OTCBB: BGNN) CEO Jerry Mahoney issued the following update to shareholders: this letter reviews our recent accomplishments of the efforts and the future outlook of its business.
B Green has authorized seven regional brokerage agreements for nationwide coverage of its Bio Bags; the brokers are industry professional organizations who have relationships and experience working with all major chain accounts in mass market and retailers. Utilizing brokers we can obtain both presentation and placement for our products.
The VibeAway® is now available on Home Shopping Network. The company has received orders from this distribution channel.
B Green Signs Agreement with Telebrands –As Seen On TV– To Market and License VibeAway®. The company has received orders from this distribution channel.
B Green has recently authorized a Vendor Agreement with Grainger; Grainger–s customers are 2.0 million businesses and institutions in 157 countries.
Do it Best B Green–s VibeAway® and Ecopod® can be marketed at the Do it Best 4100 member stores at special retail pricing. The company has received orders from this distribution channel.
B Green Also Authorizes Vendor Agreement with Orgill, the Nation–s Largest Independently Owned Hardlines Distributor.
VibeAway® is now for sale on websites and in the catalogs of these major catalog companies: Taylor Gifts, Fresh Finds, LTD Commodities, Solutions, Potpourri, Improvements, QCI Direct, Plow & Hearth, 7th Ave, Johnson Smith Company and Ameri Mark Direct. The company continues to receive re-orders from this distribution channel.
The VibeAway® is now being sold by Marcone in Canada; Marcone is the nation–s largest source for appliance parts cooling and heating equipment.
VibeAway® and the 100% Degradable / Biodegradable Bags are now available at several Ace & True Value Stores. The company has received orders from this distribution channel.
Gelson–s Markets are Selling B Green–s Degradable Compactor & Tall Kitchen Trash Bags and are available at all 18 So Cal Gelson–s Locations. The company has received re-orders from this distribution channel.
Affiliated Foods Midwest is distributing B Green–s Degradable Tall Kitchen Trash Bags and should be available at C V Food Liner stores in the coming weeks.
The Biodegradable Trash and Compactor bags are currently being evaluated and tested for sale in the stores by one of the world–s largest retailers and by numerous regional supermarket chains nationwide; there are over 3000 Grocery and Convenience stores nationwide and the company is aggressively marketing into this potential distribution channels.
The Biodegradable Trash and Compactor bags are currently being sold by our existing distribution network. The company continues to receive re-orders from this distribution channel, Visit:
to see our vast growing partner network.
This tremendous performance demonstrates the demand for our products and a strong growth momentum. With increasing potential in the market for “Green” opportunities, we believe the Company is in a great position to deliver to its prospects. I would like to thank you for your continued support.
Sincerely,
Jerry Mahoney
President and Chief Executive Officer
Certain information included in this letter to shareholders, may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various “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. The Private Securities Litigation Reform Act of 1995 (the “Act”) provides certain “safe harbor” provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management–s good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “should,” “will,” and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
For more information:
B Green Innovations, Inc.
732-696-9333