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Go Green Global Technologies Corp. Announces Management Stock Options and Provides Corporate Update


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Published in Stocks and Investing on Monday, June 11th 2012 at 6:45 GMT by Market Wire   Print publication without navigation


June 11, 2012 09:32 ET

Go Green Global Technologies Corp. Announces Management Stock Options and Provides Corporate Update

OXFORD, CT--(Marketwire - Jun 11, 2012) - Go Green Global Technologies Corp. (PINKSHEETS: [ GOGR ]) would like to announce that its board of directors has approved the grant of 4,500,000 stock options to various officers, directors, advisors, consultants and affiliates of the company at an exercise price of $.60 per common share expiring in May 2017.The company currently has 45,884,009 issued and outstanding and is authorized to issue 75,000,000 common shares.

Go Green's management has also agreed to provide back to the original vendors certain assets that were owned by the company. These assets include the company's 60% ownership in the Hemlo "Aura" gold property and Hilary Vieira shall receive back all rights and titles to the Secure Runway technology. Ed Minnema, President of Go Green, said, "The management of Go Green wishes to focus all of their energy on its proprietary line of Sonical Water and Fuel technologies, and other possible complementary products that the company may pursue."

The company is also in the process of preparing financial information for public disclosure and expects completion shortly.

About Go Green Global Technologies Corp.

Go Green Global Technologies Corp. is a U.S. public company. Through its wholly owned subsidiary, Go Green Technologies Corp, it has exclusive global distribution rights to the Sonical line of proprietary patented devices developed in Italy for both water and fuel. Since inception the company has focused on developing and marketing innovative technologies that lead to a cleaner and more efficient planet.

Mr. D'Alessandro/CEO may be contacted at: [ john@gogreentechcorp.com ] or 800-605-2857.

For Investor relations enquiries Gary Patterson may be contacted at [ ir.gogreenglobal@gmail.com ] or 714-369-2933.

You are also welcome to visit [ www.gogreentechcorp.com ] for added information.

Safe Harbor Statement: This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.



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