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Monday, October 18, 2021

Be Water, Happy Mellow Beverage; the Rise of Greene Concepts Inc. (OTC Pink: INKW)

Greene Concepts Inc. (OTC Pink: INKW) is making a powerful run up the charts in recent days exploding over a penny and emerging as a volume leader in small caps trading over $4.5 million in dollar volume on Monday alone. Microcapdaily reported on the stock last summer when it was a little over .001.

INKW has made significant progress in recent months recently securing an agreement with the U.S. government as a government vendor through the Defense Logistics Agency (DLA) and System for Award Management (SAM). Additionally, the Company received approval as a vendor through the Federal Emergency Management Agency (FEMA) to provide products during national emergencies. Green Concepts has created its new Be Water brand along with placement approval on Amazon.com plus two new labels for placement in the enormous Chinese market. INKW has already started negotiations to sell Be Water in India as well as secured an agreement with SoluScience to create the new Happy Mellow beverage enhancer which will soon be selling on Amazon and at the Subscribe and Save Water Club Subsidiary. Sales are rising quickly and the Company earned a profit last quarter.

Greene Concepts Inc. (OTC Pink: INKW) is a publicly traded company. Through its recently acquired wholly owned subsidiary, Mammoth Ventures Inc., the Company has entered the specialty beverage and bottling business and is an emerging leader in the global scientifically formulated beverage industry. Through its subsidiary Water Club, Inc. we intend to pursue subscription-based delivery of water and scientifically formulated beverages directly to the consumers home and market the convenience of this service thru social media affiliate marketing partners.

Shortly after acquiring its bottling and beverage plant in North Carolina Greene Concepts launched its first brand, its premium bottled water called “Be Water” and received regulatory approval to begin production and distribution. More recently Greene Concepts launched an Immune Support beverage with CBD, CBN, and CBG. The beverage label says BE Happy, Be Mellow, Be Hemp, and Be Water. Developed along with its partner SoluSciences Happy Mellow formula blend is an industry changing water soluble hemp extract formula never before seen in a beverage in the marketplace and was created to produce a fast-acting prolonged active ingredient release to improve and maximize total body health. SoluSciences, Happy Mellow brand consists of high-water solubility which reduces the limitations often seen in other companies that use oil-based compounds in their design. Greene Concepts will produce a more concentrated and stronger formula than other like products on the market. Greene Concepts will sell the Happy Mellow highly concentrated formula in both 16.9 oz (.5L) and 8 oz (.24L) bottles which only require 10 mg of hemp extract for maximum potency versus most hemp extract drinks which have 25 mg. Happy Mellow is patent pending. The beverage also has Immune Support Ingredients which will include: Vitamin C, Vitamin D, Zinc, and Selenium along with hemp extract and flavoring. The Happy Mellow beverage is formulated to contribute to the bodys own natural healing processes of anxiety and joint pain relief, anti-inflammation, muscle relaxation, stress relief, immune support, and many other benefits.

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INKW

Greene Concepts CEO Lenny Greene is a serious go getter who has been working hard behind the scenes strengthening the share structure and creating shareholder value. To this end Mr. Greene retired 360 million shares and initiated a stock buy-back program as well filed an attorney letter to garner current reporting status for INKW. Recently Greene Concepts secured a new distribution agreement with Harold Wingert, the founder and CEO of Sunflower Consulting Group in California. Greene Concepts also secured a new distributor in Louisiana with multiple local convenient store connections who is currently receiving inventory. Additionally, the Company is adding a distributor in Atlanta, Georgia along with David Day, Founder of New World Health and wellness in Oregon.

INKW has been making big moves over the past year; the Company launched its production plant in March 2020 following 16 months of plant restoration (up to 192 million bottle capacity ‘8 million cases’ with current equipment) with room for additional capacity. The Company also purchased the land surrounding the bottling plant to include seven production wells for unlimited water resource production capacity to include bottling and industrial water provision.

INKW finalzied an agreement with the U.S. government as a government vendor through the Defense Logistics Agency (DLA) and System for Award Management (SAM). Additionally the Company received approval as a vendor through the Federal Emergency Management Agency (FEMA) to provide products during national emergencies. The Company created its new Be Water brand along with placement approval on Amazon.com plus two new labels for placement in the enormous Chinese market. INKW has already started negotiations to sell Be Water in India as well as secured an agreement with SoluScience to create the new Happy Mellow beverage enhancer which will soon be selling on Amazon and at the Subscribe and Save Water Club Subsidiary. The Company has also partnered with New World Health and Wellness to proliferate company sales in the CBD industry and offer healthier solutions to the public which will soon be selling on Amazon.

Sales are picking up too; for the Period Ending October 31, 2020. Sales for the quarter equal $101,022 vs. $3,249 for the same period in 2019. Total Assets for the quarter equals $4,380,881 versus $3,250,900 for the same period in 2019. Also, for the same period, the company earned a net income of $39,890 versus net loss of -$125,559 for the same quarter in 2019.

Lenny Greene, CEO of Greene Concepts highlights, “I am confident Greene Concepts is on the right track to achieve its goals and am encouraged by the progress we are making as a company. The global bottled water market is expected to reach $350 billion by next year and $410 billion by 2024 and we are ready to carve out a nice piece of that market. There are many reasons for optimism in 2021. As we increase our partnerships and distribution channels this will lead to profitable growth through increased sales penetration to convenience stores, retailers, and small businesses. We are poised to begin our new Water Club Subscribe and Save service where consumers may receive a continuous supply of our bottled Be Water, Happy Mellow and our newest Hemp Retinol products along with Hemp roll-on’s and Creams shipped directly to their front door.I thank you, our 5,000 shareholders, for your continued support. We are proud of our progress in 2020 and excited about what the future holds for Greene Concepts (INKW) and our Shareholders in 2021.”

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INKW is making a powerful run up the charts in recent days exploding over a penny and emerging as a volume leader in small caps trading over $4.5 million in dollar volume on Monday alone. Microcapdaily reported on the stock last summer when it was a little over .001. Beverage stocks have a long history of historic moves in small caps and INKW has been no exception in the past. Greene Concepts thru its wholly-owned subsidiary Mammoth Ventures Inc., owns and operates a bottling and beverage facility in Marion, North Carolina. The Marion, NC facility is a 60,000 sq. ft. bottling and beverage plant that is located within the boundaries of the Pisgah National Forest. The facility sits on 4.5 acres of land and has as its water sources a combination of 7 spring and artesian wells that are fed from a natural aquifer that is located deep below the Pisgah National Forest. As of Q2 2020 Greene Concepts is able to produce well beyond the previous limit of 192 million bottles per year (8 million cases) in preparation for significant expansion to meet pending demand. INKW has a solid crew of penny stock speculators behind it currently bidding the stock higher. INKW has made significant progress in recent months recently securing an agreement with the U.S. government as a government vendor through the Defense Logistics Agency (DLA) and System for Award Management (SAM). Additionally, the Company received approval as a vendor through the Federal Emergency Management Agency (FEMA) to provide products during national emergencies. Green Concepts has created its new Be Water brand along with placement approval on Amazon.com plus two new labels for placement in the enormous Chinese market. INKW has already started negotiations to sell Be Water in India as well as secured an agreement with SoluScience to create the new Happy Mellow beverage enhancer which will soon be selling on Amazon and at the Subscribe and Save Water Club Subsidiary. Sales are rising quickly and the Company earned a profit last quarter. We will be updating on INKW when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with INKW.

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Disclosure: we hold no position in INKW either long or short and we have not been compensated for this article.

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