ATLANTA, May 14, 2013 /PRNewswire/ -- Green Parts International, Inc. (Pink Sheets: GNPT), GNPT.PK, announced today a general update on the progress and status of the company. As a "green" company, GP engages in the recycling of vehicles and appliances. The recycling of these products covers markets ranging from automotive, steel, oil, and other metals like copper and aluminum. Green Parts International, together with its subsidiaries, provides service and products around the world, primarily in the US, Far East (South Korea) and India.
Green Parts International announces it's nearing completion of its Audit for 2012 annual financials and its intent to ascend the OTC Markets Tier structure.
A statement from President/CEO Balagamwala commented, "As a Small Cap Emerging Growth company we recognize the importance of providing high quality disclosure to increase investor confidence." Balagamwala added, "In our effort to execute on our acquisition strategy and develop our new verticals, we feel it crucial to move up the OTC Markets reporting levels and provide the information necessary to secure the trust of not only our investors but our financing partners."
Green Parts International is a company headquartered in Atlanta, GA, that deals in the global commodity of scrap metal and used auto parts and delivers tonnage to countries with demand. GNPT is a cleanup company for the United States salvaging vehicles, vehicle parts and reusable scrap for shipment to high demand projects both domestically and abroad. For further information about Green Parts International, visit the website; www.greenparts.com
SOURCE Green Parts International, Inc.