Green Planet Group, Inc. (OTC:GNPG) has created a new wholly owned subsidiary, Green Mining Technologies, Inc. (GMT) The subsidiary will implement technologies developed by GNPG and its partners in an effort to minimize and remediate the impact of precious metals mining on the environment. It is supported by GNPG and White Sands, LLC it’s Research and Development arm with EPA Registered and Texas Certified fuel additive and engine treatments, XenTX™ and XenTX™CB/LE.
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Green Planet Group held a conference call at 4:00 pm ET today to discuss the creation of GMT. GNPG President and CEO Edmond Lonergan, and Director of Public Policy Pat Choate joined the call. For more information regarding GMT or the conference call, visit http://www.greenplanetgroup.com/.
Green Planet Group, Inc. (GPG), formerly EMTA Holdings, Inc. is engaged in the research, development, manufacturing and distribution of a variety of products that improve overall energy efficiency with a specific concentration on petroleum based energy sources. The Company has four wholly-owned operating subsidiaries, EMTA Corp, XenTx Lubricants, Inc. (formerly Dyson Properties, Inc.), White Sands, LLC. and Lumea, Inc. EMTA Corp developed a new type of lubricant (metal conditioner) that interacts with metal surfaces. It hardens and smoothes the metals' surface, which results in reduced friction. The Company’s products include XenTx Extreme Engine Treatment, Clean Boost, Synergyn, Lumea, Inc. and other products. On March 1, 2009, the Company’s newly formed wholly-owned subsidiary, Lumea, Inc. (Lumea), acquired Easy Staffing Services, Inc. (Easy), a light industrial staffing company. In November 2009, GPG acquired Big Sky Lending, LLC.
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