Greenlite Ventures Inc Stock Price, News & Analysis

Greenlite Ventures (OTC PINK: GRNL) has formed a strategic alliance with BrandStar, a leading marketing and production company. This partnership includes BrandStar receiving shares and warrants from GRNL and a 50% interest in its Game Time Media subsidiary. Game Time Productions, under GRNL, leads the sports licensing market with active agreements with major leagues like NFL and MLB. BrandStar will oversee all marketing, production, and public relations efforts, leveraging its client list that includes major brands like Google and Amazon. This collaboration aims to enhance brand visibility and expand content distribution in the sports sector.

Greenlite Ventures, Inc. (OTC PINK: GRNL) has completed an Asset Purchase Agreement with Artinian LLC, acquiring Game Time, a leader in licensed sports watches. This acquisition will remove GRNL's shell designation and rebrand the company as Game Time Productions. The deal provides GRNL with a profitable revenue base and access to major sports leagues and celebrities. CEO Adam Pennington aims to leverage sports licensing opportunities for growth, promoting collaborations with top athletes. The transaction awaits third-party approvals, expected in the coming weeks.

Greenlite Ventures, Inc. (OTC Pink: GRNL) has appointed streetball legend Adrian "A Butta" Walton as its Chief Communications Officer. Walton, known for his success in streetball and experience in public relations, will oversee all company messaging, community outreach, and social media initiatives. The company aims to leverage Walton's connections to enhance shareholder value and expand its sports and entertainment platform. Additionally, Greenlite Ventures is progressing with a licensing deal aimed for closure in March 2023, which could significantly impact its operations in podcasting and branding.

Greenlite Ventures, Inc. (OTC Pink: GRNL) has appointed Richard Estalella as its new Chief Operating Officer. Estalella will enhance operational flow, drive process improvements, and oversee strategic planning and financial strategies. He previously led MusclePharm, tripling its sales and securing major endorsements with athletes and organizations. Following a controlling interest acquisition by INET Merger Advisors in October 2022, GRNL is negotiating new business partnerships and celebrity endorsements to expand its podcasting and licensing operations. The company anticipates successful collaboration with a licensing firm by mid-March 2023.

Greenlite Ventures, Inc. (OTC Pink: GRNL) has appointed Matthew Cohen as its acting Chief Financial Officer. This move precedes the company's transition to a fully reporting registrant with the SEC. Cohen, who co-founded Stem Holdings, Inc., brings over 38 years of experience in corporate leadership, financial reporting, and compliance. His role will encompass managing annual audits and financial statements, ensuring adherence to SEC filing requirements, and overseeing operational processes. GRNL's recent activities include negotiating business combinations and licensing agreements with major sports leagues.