Green Globe International, Inc. Acquires Equity Investment in Village Green Global, Inc.

Green Globe International, Inc. (GGII) today announced that the company has ceased its equity investment in Village Green Global, Inc. at $237,500. Under a Co-Venture Reciprocal Licensing Agreement, Green Globe International was given the right to acquire up to $2,000,000 of Village Green's common stock, and the company completed several rounds of financing since June 2010.