Last $0.04 USD
Change Today -0.0069 / -15.33%
Volume 650.6K
As of 8:10 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

green innovations ltd (GNIN) Snapshot

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52 Week High
08/2/13 - $0.32
52 Week Low
07/25/14 - $0.04
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green innovations ltd (GNIN) Details

Green Innovations Ltd. imports, sells, and distributes bamboo pulp-based hygiene and household products to individuals, companies, and institutions in the United States and internationally. Its product line includes products, such as bath tissues, paper towels, facial tissues, wet wipes, sanitary napkins, office papers, and other products that are used frequently or daily by consumers. The company markets its products under the Green Hygienics brand and related marks, including Premium Formulation, Clearly Herbal, and Green & Soft. Green Innovations Ltd. is headquartered in Cape Coral, Florida.

3 Employees
Last Reported Date: 03/18/14

green innovations ltd (GNIN) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $174.9K
Co-Founder and Chairman
Total Annual Compensation: $220.0K
Compensation as of Fiscal Year 2013.

green innovations ltd (GNIN) Key Developments

Green Innovations Deleted From OTCBB

Green Innovations Ltd.’s common stock has been deleted from OTC Bulletin Board effective July 17, 2014 on account of its ineligibility for quotation on OTCBB due to quoting inactivity under SEC Rule 15c2-11.

Green Innovations Ltd. Announces Executive Changes

Green Innovations Ltd. announced it has promoted its Controller, Sugiarto Awie Kardiman, to chief financial officer. Mr. Kardiman brings more than 15 years' experience as a financial executive in the U.S. and global paper industry, and has served as Green Innovations' controller since 2013. As CFO, he succeeds Bruce Harmon, Green Innovations chairman and co-founder. Mr. Harmon remains chairman of the board, and stepping aside as CFO will further enable him to focus on the board's fast-growing strategic planning requirements and implementation of various strategic initiatives. He will serve as a consultant to the company on corporate finance, capital markets and related matters. Mr. Kardiman Previously served as chief financial officer of Oasis Brands.

SuperValu Submits First Purchase Order for Green Hygienics' Bamboo Line for distribution in its stores Throughout West Region Within United States

Green Innovations Ltd. and the company's wholly-owned subsidiary, Green Hygienics, Inc. announced that SuperValu has placed their first order of Sensational Bamboo Bath Tissue and Sensational Bamboo Kitchen Towels. The order is slated for distribution in stores located throughout their newly formed West Region within the United States. Unlike recycled paper products that require harsh chemicals to process, bamboo-based paper products are environmentally friendly and sustainable. Some benefits of bamboo include: Bamboo groves release 35% more oxygen into the air than a similar-sized stand of trees; Bamboo matures within seven years, compared to 30-50 years for a stand of trees; Bamboo improves soil conditions and prevents erosion; and Bamboo is so fast-growing that it can yield 20 times more timber than trees. The smooth texture and strength of paper products made from all-natural bamboo makes it ideal for bath tissue, facial tissues, kitchen towels and more. The company plans to continue to develop and launch other products made from sustainable 100% tree-free bamboo.


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