GreenParts International Inc. Announces 10Q Filing and Upgrade to OTCQB Status

ATLANTA, June 20, 2013 /PRNewswire/ -- GreenParts International Inc. (OTCQB:GNPT) announces filing of 10Q for period ending March 30, 2013 elevating GNPT from the pink sheets to OTCQB status.

President and CEO Asif Balagamwala is pleased to announce, "Our revenues for the period ending March 30, 2013 were $3.23 million. Compared to the same period in 2012 this represents nearly a 9% increase in our quarterly comparison." Balagamwala continued, "Before non-cash items our income was $75,970, compared to a loss of ($39,969) for the same period." He also added, "We are very pleased that our goal of increasing volume without sacrificing margins is being met and remain very excited about the direction of our company."

In regards to being elevated to OTCQB status The CEO stated, "In our previous announcement I stated that GNPT will provide high quality disclosure to our investors making every effort to ascend the OTC Markets reporting system." The CEO went on to say, "Filing the 10Q and becoming a OTCQB reporting company is yet another milestone in our plan to execute in all facets of our business and we are very much looking forward to announcing additional milestones as they are finalized."

A copy of the 10Q is available at:
http://www.sec.gov

GNPT is an Atlanta based company that deals in the global commodity of scrap metal, used auto parts, and delivers tonnage to countries with demand.

Forward Looking Statement

The contents of this Press Release may be deemed to include forward-looking statements within the meaning of United States securities laws and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are only predictions and you should not rely on them. Actual results might differ materially from those projected in any such forward-looking statements. Forward looking statements involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. We cannot guarantee future results, levels of activity, performance or achievements. In evaluating forward-looking statements you should consider various factors including risks inherent in the scrap metal business sector.

SOURCE Green Parts International, Inc.