If everything unfolds the way I expect it to over the next few weeks, this report with be my last as President of the company.  I say that because we are in final negotiations with an individual who I consider to be the right person to take the company to the next level of revenue generation and a profitable bottom line. What is equally exciting is the fact that this announcement will trigger several additional events and announcements that have been in the works for several months.

Since the February 2008 purchase of a controlling interest in Green Globe, Ltd., the environmental marketplace has achieved a great deal of clarification regarding what is "Green" and what is merely "Green Washing," as well as the sustainability milestones being reached and maintained in other regions across the globe, such as Australia, New Zealand, Europe, and parts of Asia.  While I applaud Americans for their desire to be environmentally aware, we still have a ways to go before we catch up with much of the world when it comes our efforts to reach environmental sustainability.

During my tenure, the company has weathered a global financial meltdown, rebuilt its international certification revenue through a new license with Green Globe Certification, established a new entry level product for small businesses named Green Globe Baseline, and entered the U.S. marketplace through a partnership with the Los Angeles Community College District in developing and launching the Los Angeles Green Business Program.

While there is still much to be accomplished, it is clearly time to bring in a person to help carry out the daily activities needed to assure the implementation and successful completion of the projects and opportunities that are already "on the books." I will be staying aboard as Managing Director and will be looking to assist opening more doors for the Green Globe program and the public company both within the U.S. and internationally. I encourage our shareholders to continue to follow our progress through this leadership transition and into a variety of new and expanded business endeavors.