Shares of Green Innovations Ltd continue to surge on positive data (OTC:GNIN)

Boston, MA, 02/14/2012 – Green Innovations Ltd. (OTCQB:GNIN) shares are trading at all time high of $2.25. Thanks to the better than anticipated initial response from wholesalers, distributors, and consumers, the Company has quickly surpassed $500,000 in sales and purchase orders. Green Innovations Ltd., through its wholly-owned subsidiary Green Hygienics, Inc., is the exclusive licensed North American distributor of American Hygienics Corporation’s 100% tree-free bamboo-based product line, including personal care and paper-based goods.

Earlier this week, the company announced that they have met and exceeded certain milestones as defined in the Company’s licensing agreement with American Hygienics Corporation (AHC) and was completed within just the first three months of operations whereas the agreement provided a full year for compliance.

 More than 4.38M shares exchanged hands today and the stock prices have been on the uptrend. The stock clsoed with a gain of over 17.19% from its previous close. As per our resources, the inital public coverage on GNIN was initiated by www.thepennystockhero.com group via a press release on the 28th of Jan, 2013 when GNIN was trading at mere 75-80 cents. This is the same group that has been pushing Us Tungsten Corp (PINK:USTU). Since then there has been continuous public coverage extended by various awareness groups. More info on the press release can be found at

 

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