Green Planet Group, Inc. (GNPG.OB) Announces Excellent Year End Results

QualityStocks would like to highlight Green Planet Group, Inc. (OTCBB: GNPG). The company engages in ongoing research and development to create products and services that enhance our environment. Green Planet Group’s revenues are currently derived from the production and distribution of fuel-based energy conservation and clean-air products, as well as through the placement of members of the growing ranks of the unemployed into meaningful “green collar” careers.

In the company’s news Friday,

Green Planet Group, Inc. announced its financial results for the year ending March 31, 2009. The company highlighted a 322% increase in revenues to $9.2 million, total asset growth of $4 million to $21.4 million, and a 378% increase in accounts receivables to $4.3 million.

“We enter the new fiscal year poised for prosperity,” commented Edmond L. Lonergan, CEO. “Green Planet Group has built a foundation for significant growth and now has the ability to capitalize on the many opportunities that lie before us. The acquisition of the assets of Easy Staffing Solutions has exponentially increased our asset and revenue base and should more than compensate for the temporary increases in overhead expenses over the long term.”

“The staffing acquisition also provides synergistic opportunities for Green Planet to grow market share for its products that reduce emissions and increase fuel efficiency,” he added. “In fact, as a direct result of this acquisition, we are presently selling our green fuel additives to Fortune 1000 Companies that are Lumea clients across America.”

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.