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GMND
Green Mountain Development Corp.
CARLSBAD, Calif. – November 19, 2012 - Green Mountain Development Corp (Pinksheet: GMND), announced today that GMND director and C. Trade CEO, Nick Kontonicolas, is negotiating domestic and international licensing rights for the GMND Bi-Agra™ agricultural products with a major biotech firm which has the technological expertise to manufacture and produce microbial products under controlled conditions. The company hopes to conclude the negotiations this month and expand production of Bi-Agra™ into international markets in 2013. The Bi-Agra™ products have demonstrated increased yields for many food and fuel crops.
Green Mountain and strategic partner C. Trade want to expand Bi-Agra™ manufacturing capacity by licensing the technology to a major biotech firm capable of direct production and distribution rather than using contract manufacturing and self distribution. The company has received numerous international inquiries to use and distribute the Bi-Agra™ agricultural products that increase plant health and product yields. C. Trade is reviewing different business structures in its quest to integrate into the biotech arena.
About Green Mountain Development Corp
Green Mountain Development Corp provides project development services for capital providers and technology operators and distributes licensed products related to the energy, agricultural and environmental sectors.
About C. Trade Group
C. Trade Group, Nick Kontonicolas, President and Affiliates have interests in energy exploration and logistics, real estate, transportation and technology with affiliated offices in New York, Shanghai, California, Calgary, Athens, Jinzhou, China and Abu Dhabi. Mr. Kontonicolas can be contacted at +1 917 297-5571 or at ctradeusa@juno.com
Investors and media contact Robert Brehm at 619/488-3744 (bob@greenbizness.com) or visit the corporate website www.GreenBizness.com for news and updates.
The information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect" or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's status as a development stage company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein.
