SGD Holdings, Ltd. Subsidiary, Ecopaper, Inc. Sells 50% of a Container of Bulk Banana Paper
stock-pr (September 10th, 2009) Writes:
VENTURA, Calif., (CRWENewswire) SGD Holdings, Ltd. (Pink Sheets:SGDH - News) announced today that its wholly-owned subsidiary, Ecopaper, Inc., pre-sold one half container shipment of bulk banana paper to a wholesale client for $28,000. The balance of the container will go into its retail internet inventory to be sold through www.ecopaper.com.
“Increasing consumer demand for our environmentally sustainable tree-free paper products has significantly increased our bulk paper and retail internet sales. Our Central American facility specializes in providing products from the agricultural waste of banana plantations. Increased demand will lower our shipping costs and has improved our overall profit margins,” stated Harry Johansing, CEO of SGD Holdings, Ltd.
About Ecopaper, Inc.
Ecopaper, Inc. is the first company in the history of the paper industry to create and market treeless paper of a superior quality. Every page of Ecopaper is smooth, acid-free, durable, chemical-free, and made in Costa Rica. Ecopaper, Inc. has developed an
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