WESTON, FL -- (MARKET WIRE) --
It's time for investors to watch
This is good news. This 5-year agreement provides that Greenstone will
supply Greenstone's protective chemical product, GreenShield(TM), to Bay
Tree, a building material manufacturer in Olathe, KS, with offices
throughout the country. According to Michael Sullivan, Bay Tree's CEO, Bay
Tree's management has been responsible for sales contracts of over
"We are confident that GreenShield(TM) has a tremendous potential when compared to other presently available wood treatment products," said Mr. Sullivan. Michael Ferrone, Greenstone's CEO, said, "Bay Tree has a great sales team, ready-to-go national branding and distribution. We are very happy to be partnering with them."
Watch this company! Wall Street News Alert first initiated coverage of
It was noted in the press release that Greenstone's technology is based on its proprietary green technology which is a unique chemical theory developed by leading experts in the field of polymer science. Furthermore, the technology used by Greenstone helps in cost reductions, increases operational efficiencies and helps pave the way for improvements in future product quality.
The demand for chemically treated wood, paper and concrete will grow from both increasing use on pretreated materials as well as from newly treated materials. Industry analysts forecast that the demand for chemical treatments will increase by at least 50% by 2010.
Wall Street News Alert is continuing to place Aggressive Investors on alert
to monitor the progress of Greenstone Holdings! The company, through its
operating subsidiaries, is in the business of providing a variety of unique
chemical technologies that are primarily used in the building and
construction industry. The Chemical Technology Division's first brand name
product, GreenShield(TM), offers building materials such as plywood,
drywall and lumber protection from the environment. It also offers added
fire retardancy to the material it is applied to. GreenShield covers a wide
range of applications such as building material, fencing, railroad tie, and
utility pole. The
Prior to the latest press release, the stock closed Tuesday at
For an in-depth profile of
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Market Commentary:
"In economic news, PPI declined on lower energy prices by 0.6% for January. Inflation is staying steady, but not declining as much as the Fed would prefer. CPI numbers will be out this Wednesday," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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