Green Innovations Ltd. (OTC:GNIN) Partners up with a Mysterious Laboratory

The latest addition to the ceaseless torrent of fluff PRs from Green Innovations Ltd. (OTC:GNIN) came earlier today, when the company announced its subsidiary was partnering with “a leading biosafety laboratory.”

In the spirit of self-touting, GNIN doesn’t mention the name of its mysterious partner. Supposedly, GNIN‘s subsidiary and its new partner will try to develop an EPA approved 100% natural disinfectant, biodegradable wipe.

This maybe a welcome break from the usual purchase order press release. So far, the market seems to react positively, and GNIN is up 2.14% at $1.43.

Investors Alliance and the other newsletters touting GNIN were fast to spread the news, but that’s the least they could do. They are being paid $35 thousand a week to pump GNIN, and the pump has been going on for more than 6 weeks.

That’s at least $210 thousand in compensation so far, and that’s excluding the 2.6 million Euro paid for the tout report by Market Research Worldwide. According to the disclaimers, the third party which paid the money is Intermedia Communications, Inc.

One may wonder why would anyone pay that amount of money to artificially inflate the price of GNIN? If that party believed that GNIN has a bright, successful future, wouldn’t it be more prudent to put that money in the company itself, or advertising its products, instead of its stock? Perhaps Mr. Mordechai David and Mr. Shamir Benita have an idea.