$GLTV NEWS THIS MORNING! http://finance.yahoo.com
Post# of 35486
$GLTV NEWS THIS MORNING!
http://finance.yahoo.com/news/greenlite-annou...00021.html
Greenlite Ventures Inc. (OTCBB: GLTV) ("Greenlite") announced today that Mr. Bryan G. Crane has been appointed as Vice President and a Director of the Company. Mr. Crane is the principal of BlueWater Advisory Group, LLC, a company that specializes in capital-raising and investor awareness for emerging growth public companies in the green tech and eCommerce sectors.
Mr. Crane is also the Managing Director and Principal of Jetoffsets, Inc., a company that provides carbon offsets to the aviation community.
Greenlite's President, Howard Thomson, stated, "Mr. Crane's successful background both in corporate finance and carbon offset sales makes him the ideal candidate to assist the Company in completing its acquisition of German carbon trading company, Advantag AG, and obtaining the financing necessary for closing of the acquisition."
Under the terms of an agreement with BlueWater Advisory Group and Mr. Crane, the Company will issue 500,000 restricted shares of common stock to BlueWater Advisory Group and pay a management fee of $2,000 per month in consideration of BlueWater providing the services of Mr. Crane as a director and officer of the Company. In addition, Mr. Crane has been granted 400,000 options exercisable at $0.11 per share for a period of two years.
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