Green Planet Group Testing Growing System Software
Jun 11, 2015, 09:00 ET
TEMPE, Ariz., June 11, 2015 /PRNewswire/ -- Green Planet Group, Inc. (OTC Pink: GNPG) announced today that its wholly owned subsidiary, Healing the Earth, Inc. (HTE), has initiated testing of its proprietary computer controlled growing system. This revolutionary growing system has been designed to measure and respond to minute changes in its climate-controlled plant growing environment. The Company has developed sensors to measure minute changes in conditions such as temperature and humidity that are linked via custom-designed software controlling elements such as water and nutrient distribution as well as ambient temperature and lighting.
Ed Lonergan, Green Planet CEO, noted, "Our first objective was to grow food more efficiently, with less waste and far less negative impact on Planet Earth and our environment. Our system achieves that with better than a 90% reduction in water use, zero chemical run-off into ground water and streams, and no GMOs. Beyond that, our all natural approach to plant cultivation is also designed to increase food production by more than 300% as compared to traditional cultivation methods and to surpass all other controlled environment growing systems. For this reason, we have invested in the development of the intellectual property that allows our system to closely monitor growing conditions and to create the ideal growing environment specific to each crop or plant type."
Yesterday, HTE management initiated testing of the growing system's proprietary water and nutrient distribution system. Results of this early testing show great promise. Jim Schoenberger, Healing the Earth General Manager, said, "Our testing results were just what you hope for in initial testing. I was waiting to watch the first test round out by the growing system when I realized our system designer was standing next to me. I asked him if he wasn't going to fire it up. He said, 'Nope. The computer is.' And right then, valves opened for a few second burst of water/nutrient spray just as programed. Through this testing, we've identified opportunities to further tighten controls, so we're already refining a great system. We're now just days away from full-blown climate-controlled plant growth trials."
Healing the Earth, Inc. is building a "proof of concept" growing system installation in Congress, Arizona, to provide barley fodder for the feeding of cattle. This installation will verify the productivity and nutritional quality of food grown on the Company's groundbreaking growing technology and validate its three primary concepts: Food on Demand, Food at the Point of Consumption and Fast Track Food.
- This revolutionary growing system produces 100% organic food naturally, with no GMOs (genetically modified organisms) or chemical fertilizers.
- The system uses up to 90% less water than conventional growing methods and plants grow up to 300% faster.
- GNPG projects that revenues from the HTE subsidiary should exceed $46 million with a gross profit of $19 million within the next four years.
About Green Planet Group, Inc.
The Company is comprised of four wholly owned subsidiaries: one operating company and three development stage companies. XenTx Lubricants, Inc. produces XenTx and Synergyn brand lubricants and additives for gasoline and diesel engines. AAQIS, Inc. is developing a hydrogen generator which greatly reduces hydrocarbon emissions while improving fuel efficiency in internal combustion engines. Green Mining Technologies, Inc. is developing green technologies for the mining of precious metals. The Company's Healing the Earth subsidiary is developing a new "fast track" growing system capable of growing vast amounts of fresh, organic food.
Certain statements contained herein are "forward-looking" statements (as defined — Private Securities Litigation Reform Act of 1995). Green Planet Group, Inc. cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.
SOURCE Green Planet Group, Inc.
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