Rarely does a day go by when an investor reads through the news and doesn’t read announcements about the human population and our carbon footprint or the damage that we are doing to the planet in some way, shape or form. That’s certainly not meant to sound negative as it’s a great thing that so many companies are focused on creating products that reduce our impact on Mother Earth. Billions of dollars are regularly expended for research and development of green technologies and have governments worldwide ponying-up funds to help support the cause. The automotive industry is particularly a focus due to the massive amounts of harmful emissions. A sad fact: The Environmental Defense Fund estimates that U.S. cars alone emit more than 333 million tons of carbon dioxide annually (1/5th of the world’s total). The ongoing battle to slash emissions and promote alternate fuels and modes of transportation is certainly helping, but the next generation of green technologies and a true trend shift is only starting to really gain traction.
One company completely focused on protecting the planet with their technologies is Scottsdale, AZ-based Green Planet Group (OTCBB:GNPG). A diversified company, Green Planet engages in ongoing research and development to create products and services that enhance our environment. 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.
Lumea, one of the Company’s three brands, encapsulates the staffing portion of the business model. In business for roughly 20 years, Lumea operates more than 50 staffing offices across the States helping train and place those seeking employment into sustainable jobs. Regarding automotive products, Green Planet owns Synergyn and its line of lubricants which have been being produced from their five-acre plant in Oklahoma for over 25 years. Vertically integrated, the products are sold to its own network of dealers and distributors.
Just recently launched is Green Planets newest brand, XenTx™, a breakthrough in lubricants that has undergone years of government testing and $10 million in R&D. According to the Company’s website, “The patented XenTx™ product line may well prove to be the most advanced metal conditioners and fuel additives on the market. XenTx™ is used to reduce engine friction, corrosion, and the wear of metal surfaces, resulting in greatly reduced carbon emissions, increased power and a significant increase in fuel economy.”
Time will tell for the statement, but the ball began rolling today for Green Planet with news of its first $1 million order to private label its Xentx™ and Synergyn products for sale across Canada with shipments slated to commence in three months and continue from there forward.
In the OTC world, established and revenue-generating firms are not impossible to find, but they do tend to lean towards the more scarce side of things. Green Planet has produced revenues in excess of $65 million and has quite a deep-rooted history which should help stabilize future growth. The demand in the automotive market for products such as Xentx™ should remain strong and certainly the staffing end of operations is not lacking potential for growth as the economy tries to recover. With a market cap of a meager $6 million and trading at around 4 cents per share, perhaps this is one of those “under the radar” companies that may see another rise such as the one that just brought the value of a share from sub- penny to its current level. With more news of million-dollar orders, it just may be the case. Proper due diligence is always encouraged.
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