Greenlite Ventures Completes First Acquisition
The Game Time acquisition has been added as a "subsequent event" in GRNL's latest quarterly disclosure filing which will result in the removal of the Company's shell designation. GRNL intends to do business as
"Game Time is the company we hoped to build around when we took control of GRNL just a few months back and we are ecstatic that we've been able to expeditiously close this deal," said Elbaum. "Game Time provides us with a profitable seven figure revenue base to grow from as well as access to virtually every top professional league, team, and player we may want to partner with. With the nonstop media attention surrounding sports today, athletes and former athletes have become the biggest celebrities and most popular people on the planet and
For more information about Game Time please visit gametimewatch.com
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A "safe harbor" for forward-looking statements is provided by the Private Securities Litigation Reform Act of 1995 (Reform Act of 1995). The Reform Act of 1995 was adopted to encourage such forward-looking statements without the threat of litigation, provided those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause the actual results to differ materially from those projected in the statement. Forward-looking statements have been and will be made in written documents and oral presentations of Greenlite Ventures, Inc., statements are based on management's beliefs, as well as assumptions made by and information currently available to management. When used in this press release, the words "believe", "anticipate", "endeavor", "estimate", "expect", "objective", "projection", "forecast", "goal" and similar expressions are intended to identify forward-looking statements. In addition to any assumptions and other factors referred to specifically in connection with such forward-looking statements, factors that could cause Greenlite Ventures' actual results to differ materially from those contemplated in any forward-looking statements
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