NEW YORK, Dec. 21, 2010 (GLOBE NEWSWIRE) -- Luke Entertainment , Inc. (Pink Sheets:LKEN) aka Greene Concepts, announces today that it is now listed under OTC Market's Current Information Tier. OTC Markets has implemented a strict information reporting system for non-reporting companies and rates them in accordance to transparency elements from Caveat Emptor to Current Information for pinksheet companies (http://www.otcmarkets.com/otcguide/investors_market_tiers.jsp).
Current Information Tier is the highest tier with requirements including Initial Disclosure and Information statements, current share structure, current financials and an attorney letter verifying financial information submitted.
"This is one of many steps we'll be taking to ensure investor confidence and information accessibility for Greene Concepts," states LKEN CEO, Lenny Greene. "We're thrilled to have furnished criteria to achieve Current Info Tier Status and look forward to sharing some exciting company progress under the new rating."
OTC Markets Inc is a privately owned company based in New York that provides a suite of products and services for the U.S. OTC securities market. The company operates electronic quotations, trading, messaging, and information platforms.
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Luke Entertainment has officially changed its name to Greene Concepts, Inc. to better reflect its brand toward long-term growth. The name change effected with the New York Secretary of State on November 4th, 2010 and is under process for FINRA acknowledgment. Greene Concepts Inc is an ink technology Manufacturing and Distribution Company headquartered in Fresno CA. Chairman and Founder Lenny Greene has spent the past 30 years serving the printing needs of businesses and consumers. Greene Concepts intends to be the catalyst for the introduction of a number of innovative products and marketing strategies and to bring the world the best inks at the lowest prices so consumers and business can save time, save money, print more and print better.
Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.