ResGreen Group International, Inc. (OTC Pink: RGGI) looks to capitalize on its new business strategy to research, develop and launch Automatic Guided Transports (AGV) and mobile technologies. Shares of the advanced technology company soared 104.76%, during trading on Wednesday, January 8, 2020. Over the past month, ResGreen Group has seen average daily volume of 42 shares. However, volume of 2,406 shares or dollar volume of $5,172, exchanged hands during trading on Wednesday.
Shares of ResGreen Group International soared Wednesday, after the company announced corporate update and introduced Parashar Patel as the new Chief Executive Officer. Mr. Patel has 30 years of experience as an executive engineer, focusing on the development of high-productivity systems. As a result of Mr. Patel’s strong background and expertise, ResGreen Group will focus on AGV and mobile technology development. Here is the full press release detailing of the corporate update:
ResGreen Group International, Inc. Press Release:
ResGreen Group International, Inc. (OTCPINK: RGGI), Elkhart, Indiana introduces Parashar Patel, Chief Executive Officer.
ResGreen Group has recently gone through a change of control. Parashar Patel is an accomplished Executive Engineer with over 30 years of developing cutting edge engineering of high productivity systems.
Mr. Patel commented, “I am extremely excited to have the opportunity to lead RGGI into the future with an exciting cutting-edge technology-based business model. I have been working in this industry for many years and feel with my contacts and expertise, will be able to execute my vision to bring immense shareholder value in the days to come.”
Patel went on to say “In the very near future I will be disclosing my vision which includes some very exciting updates regarding the industry and other engineering experts that are lining up to be part of the RGGI future. I want to thank all the shareholders that have been patiently waiting for value to begin and promise to do my upmost to make your patience worthwhile.”
ABOUT RESGREEN GROUP INTERNATIONAL, INC.
RGGI is using certain Know-how and Intellectual Property (IP) that it possesses and looks to acquire and develop components for material handling logistics and certain Automatic Guided Vehicles (AGV) and mobile technologies.
Current management has years of professional engineering experience in this space and plans to remain focused and highly motivated to execute on its business strategy to develop certain Automatic Guided Transports including AGV / AGC and Mobile COBOT.
This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of ResGreen Group International Inc. with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.