Greene Concepts - INKW STOCK NEWS

Greene Concepts (OTC PINK:INKW) has announced nine strategic elements for its long-term growth in the bottled water market. The company's BE WATER artesian spring water brand operates in a global market valued at $372.7 billion in 2025, with projections reaching $509.18 billion by 2030, showing a 6.4% CAGR.

The strategy encompasses market potential, experienced leadership, sustainable competitive advantage, adaptability as a lean company, multi-channel commercialization, scalability through diverse marketing channels, proof of concept through sales performance, and a realistic business model based on market analysis. The company aims to leverage these elements to capitalize on the growing demand for healthy, hydrating beverages.

Greene Concepts Inc. (OTC Pink: INKW) has announced the expansion of its BE WATER distribution to Walmart stores across six Southeast states: North Carolina, South Carolina, Alabama, Tennessee, Georgia, and Florida. This expansion will reach approximately 65 million people in the region. The company is enhancing its Marion, North Carolina bottling facility operations to support this largest-ever rollout, including optimizing inventory management, production line efficiency, and logistics procedures.

The company is focusing on increasing inventory of essential supplies, improving production speed and quality assurance, and streamlining storage and shipping processes. The expansion strategy targets the Southeast's growing population, warm climate, and health-conscious consumers, while also positioning BE WATER as a resource during hurricane season and natural disasters.

Greene Concepts (OTC Pink: INKW) has released its Q1 financial results for August 1 - October 31, 2024. The company reported the cancellation of all convertible debt amounting to $313,995.68, as previously announced on October 8, 2024. The report highlights strong sales, asset growth, and favorable accounts receivable figures. The company also noted expansion in co-packing and white-label orders, along with growth in retail locations, partnerships, and product lines. The company maintains its 'Current Information' status on OTC Markets, emphasizing its commitment to transparency.

Greene Concepts (OTC Pink: INKW) announces potential partnership discussions with a major Midwest grocery chain operating over 2,000 retail locations for its BE WATER brand. The grocery chain has requested pricing and proposal details, which Greene Concepts has provided and are currently under review. This opportunity could significantly expand BE WATER's market presence in the Midwest region. The company's artesian spring water is currently available through retailers like Walmart and Camping World. The development comes amid a thriving U.S. bottled water market, which exceeds $94 billion in annual sales.

Greene Concepts Inc. (OTC Pink: INKW) has announced the cancellation and removal of all outstanding convertible notes from its financial statements, effective July 31, 2024. This move results in a debt reduction of $313,995.68, which could have potentially led to over 6.2 billion additional shares if converted at the stated rate of $0.00005 per share.

CEO Lenny Greene emphasized that this action protects shareholder value by preventing significant dilution and aims to enhance earnings per share. The company views this as a demonstration of its commitment to improving financial stability and aligning with strategic goals to make BE WATER™ a nationally recognized brand. The debt elimination will be reflected in the upcoming annual report.

Greene Concepts Inc. (OTC Pink: INKW) reports that its Marion, NC bottling plant, equipment, and employees are safe following Hurricane Helene in Western North Carolina. The plant's location on higher ground prevented flooding risks, although it is currently without electricity. The surrounding area, including Asheville, has been severely impacted by flooding and service disruptions.

Greene Concepts has been in direct communication with McDowell County emergency services, offering support where needed. CEO Lenny Greene assures investors of the plant's safety and states the company's readiness to assist the county while continuing to meet demands from retail and business partners.

Greene Concepts (OTC Pink: INKW) has been invited to Walmart's 2024 Open Call event for the second consecutive year. The company will showcase its new gallon-sized BE WATER™ jugs to Walmart and Sam's Club buyers, expanding from last year's success with its 16.9 oz bottles.

CEO Lenny Greene highlighted strong sales in North and South Carolina and Walmart's growing partnership. The event takes place on September 24-25 at Walmart HQ in Bentonville, AR.

BE WATER™ will be available for over 1,000 attendees and several hundred Walmart associates. Greene Concepts will also participate in the Mentoring Program to assist new vendors.

Greene Concepts Inc. (OTC Pink: INKW) reports continued growth of its BE WATER brand in the expanding bottled water industry. The company's sales have increased, driven by BE WATER's presence in Walmart stores across North and South Carolina, as well as Camping World. The global bottled water industry, valued at $318 billion in 2023, is projected to reach $538.58 billion by 2033, growing at a CAGR of 5.4%.

In the U.S., the bottled water market leads globally, with the highest sales volume ever in 2022. The U.S. market is estimated at $44.6 billion in 2023 and expected to grow to $47.42 billion in 2024, with a CAGR of 5.8%. BE WATER, a premium artesian spring water brand, was the 2023 Recipient of Walmart's Open Call Golden Ticket Award and began rolling out to Walmart stores in the Southeast in May 2024.

Greene Concepts Inc. (OTC Pink: INKW) is promoting its BE WATER™ artesian spring water as a natural hydration solution for the summer season. The company emphasizes that BE WATER contains essential minerals and electrolytes such as calcium, magnesium, and silica, which offer various health benefits.

CEO Lenny Greene highlights the advantages of natural spring water over tap and purified bottled water, citing a January 2024 Banner Health article. He stresses that BE WATER's artesian source provides naturally filtered water enriched with minerals that support hydration, cell restoration, and energy boosting.

The company encourages consumers to 'Hydrate to Elevate' with BE WATER, emphasizing its role in promoting overall health and wellness. A 2017 Harvard School of Public Health article is referenced to underscore the importance of proper hydration for various bodily functions.