Greene Concepts (OTCMKTS:INKW) Stock Gains Further Momentum: Time To Sell?

Greene Concepts (OTCMKTS: INKW) on July 20, 2021 announced H2O Artesian signing an agreement as new BE WATER distribution partner for the firm’s Florida region. H2O Artesian will be identifying and targeting national food and beverage outlets in the region for increasing the BE WATER sales in the state.

H2O Artesian’s principal partners, Brian Adkins and Mike McMurray, will be leading the efforts. While Adkins is a sales professional with over two decades of experience in consumer-packaged goods industry, Mike McMurray is a veteran with a three decade business owner of a concrete and remodeling company, having robust relationships with multiple business owners throughout the region.

Adkins said that fine truckloads have already been initiated due to significant interest including multiple retail stores, hotels as well as restaurant chains. Adkins added that the company will be providing a new staple good in the Florida marketplace and is on target for meeting demands for second order.

Amy McNally, VP of Marketing and Regulatory, said that Brian and Mike would ensure making the brand well known in the state. McNally added that the combined experience of over 50 years and a track record of customer satisfaction, will lead to high-volume sales

Lenny Greene, CEO of Greene Concepts said that H2O Artesian will generate huge revenue as the distributor and also provide the firm with periodic updates on gain of new clients. Greene added that this would also facilitate BE WATER as a national brand.

Market Reaction:

On Tuesday, INKW stock gained 7.22% to $0.0260 with more than 17.87 million shares, compared to its average volume of 23.13 million shares. The stock had moved within a range of $0.0240 – 0.0269 after opening the trade at $0.0246. Over the past 52-week, the stock has been trading within a range of $0.0001 – 0.1500.

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