Highlights:

• Company begins to recognize initial revenues from April 1 management contracts
• New CEO initiates process to accelerate strategic transformation and facilitate financial restructuring
• Announces intent to reorganize around three core business divisions with performance measured at division-level EBITDA
• Implements Board and management changes in support of restructuring process; Transitions CEO responsibilities from Founder James Haas to government contract veteran Matthew Burden who also is Chairman of Independent Restructuring Committee
• Strategic initiatives underway should enable Company to achieve its strongest financial year since its inception
• 2019s restructuring enables GreenGro to capitalize on recently passed Farm Bill wh…

  Read the full article at: https://globenewswire.com/news-release/2019/05/17/1827052/0/en/GreenGro-Technologies-Expects-Its-Restructuring-and-Strategic-Transformation-Should-Enable-Company-to-Achieve-Its-Strongest-Financial-Year-Since-Inception.html