Greens Worldwide Incorporated News
Greens Worldwide Incorporated Files Suit Against Former Officers and Other Defendants
"When I returned last August as CEO, one of my stated objectives was to pursue the recovery of assets of the Company where appropriate, which, when realized, will contribute to re-building value for our shareholders, and this is the first step toward that particular objective," stated R.
About Greens Worldwide Incorporated
Greens Worldwide Incorporated (Pink Sheets: GRWW) owns the US Pro Golf Tour, Inc. (http://www.usprogolftour.com), the American Challenge Golf Tour, Inc. (http://www.acgtour.com) and the New England Pro Golf Tour, currently dormant but planned for re-launch in 2009.
Forward-Looking Statements
The statements contained in this news release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created thereby. Forward-looking statements, such as our intent to develop a system of regional development tours, litigation to recover assets, deal with the Company's current plans, intentions, beliefs and expectations. Investors are cautioned that all forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed from time to time in reports filed by the Company with the Securities and Exchange Commission.
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