Archive for the ‘Perf Go Green Holdings Inc. PGOG’ Category

Perf Go Green Holdings, Inc. (PGOG.OB) Announces International Expansion in Distribution

Tuesday, August 4th, 2009

Perf Go Green Holdings, Inc., a leading provider of biodegradable plastic products and everyday green solutions, announced their first International retail distribution partnership with The Greenhouse Bermuda. Perf Go Green’s 13, 30, and 39-gallon biodegradable trash bags, drop cloths, and their pet products, which include Cat Pan Liners and Doggie Duty Bags, will now be distributed throughout Bermuda.

“International distribution for Perf Go Green’s retail plastic product is a major landmark for our brand and shows that our earth-friendly products are being embraced internationally,” stated Tony Tracy, Chairman and CEO at Perf Go Green. “The Greenhouse Bermuda will provide sustainable solutions to eco-conscious consumers in Bermuda with Perf Go Green’s sustainable retail solutions.”

Michael Burke, founder of The Greenhouse Bermuda, added, “The Greenhouse Bermuda is looking forward to a strong relationship with Perf Go Green. The first shipment has arrived and we look forward to showcasing the only recycled plastic and biodegradable plastic bags in Bermuda, which can only benefit the environment of our small island.”

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Perf Go Green Holdings, Inc. (PGOG.OB) and New York Metro Distributor Paper Enterprises, Inc. Partner Up

Thursday, July 9th, 2009

Today, Perf Go Green Holdings, Inc. announced its partnership with Paper Enterprises, Inc., an experienced paper disposables and janitorial products distributor in the greater New York metropolitan area. Paper Enterprises will distribute Perf Go Green’s full retail and commercial line of products including their biodegradable trash bags, PerfPower(tm) Alkaline Batteries and Perf Go Clean(tm) All Natural and Sustainable Cleaners.

“Perf Go Green is proud to have our biodegradable trash bags available through Paper Enterprises, Inc. As a major distributor in the New York metropolitan area, Paper Enterprises will help retail and commercial clients make the transition to biodegradable trash bags and sustainable products with ease,” stated Tony Tracy, Chairman and CEO at Perf Go Green. “We, at Perf Go Green, believe in reusing, recycling, and reducing our impact on the environment as much as possible by providing eco-conscious commercial products that facilitate a greener lifestyle.”

“Paper Enterprises, Inc. and Consolidated Paper Company, our re-distribution arm, are excited about collaborating with Perf Go Green to distribute and sell these cutting-edge green products in our markets,” commented Jordan Sedler, President of Paper Enterprises, Inc. “Our customers and prospect base have demonstrated an increasingly strong and adamant demand for environmental-friendly products; Perf Go Green products are the perfect answer to this market.”

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Perf Go Green Holdings, Inc. (PGOG.OB) Wins Retailers’ Choice Award at 2009 National Hardware Show

Wednesday, May 13th, 2009

Perf Go Green Holdings, Inc., a leader in biodegradable plastic products and everyday green solutions, announced that they received this year’s Retailers’ Choice Award for their family of products at the 2009 National Hardware Show. The award recognizes innovative and outstanding products that demonstrate strong sales potential.

“We are honored to win the Retailers’ Choice Award at the National Hardware Show where our products were widely received,” stated Tony Tracy, Perf Go Green Chairman and CEO. “We, at Perf Go Green, believe in reusing, recycling, and reducing our impact on the environment as much as possible by providing eco-conscious products that will help facilitate a greener lifestyle.”

“New products are the lifeblood of the industry. The Retailers’ Choice Awards program recognizes the top products each year at the National Hardware Show(r) that demonstrate strong sales potential at retail. The award also creates a strong bond between retailers and manufacturers due to the fact that retailers choose the winners,” commented Scott Wright, NRHA manager of training and communications.

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Perf Go Green Holdings Inc. (PGOG.OB): Providing Consumers with an Ever-Expanding Line of Environmentally-Friendly Products

Thursday, April 2nd, 2009

While most consumers understand the environmental issues related with plastic products, they continue to use plastic products on a daily basis. However, there is a company that is on a mission to provide consumers with an earth-friendly plastic option. Perf Go Green Holdings, Inc. (PGOG.OB) is a New York-based company focused on developing and manufacturing biodegradable plastic products. The company is pleased to announce today that it has completed the delivery of a $500,000 re-order of Perf Go Green biodegradable trash bags to a major pharmacy chain.

Since it was founded in November 2007, the management team has made a conscious effort to maintain its mission to create environmentally-conscious products. In March 2008, the company made its first appearance at the annual International Home and Housewares Show in Chicago. The company was heralded with an honor for their products innovation and design quality.

“We at Perf Go Green believe in reusing, recycling, and reducing our impact on the environment as much as possible. From development to disposal, all Perf Go Green products respect our cradle-to-cradle philosophy,” said Tony Tracy, Chairman and CEO of Perf Go Green. “Formed with one purpose, one goal in mind — to stop trashing the planet and embrace solutions that will help achieve this goal, we are happy to provide more products to meet the demand of the eco-conscious consumer.”

Perf Go Green initially released a full line of biodegradable plastic products, which included trash bags, drop clothes, “doggie duty” bags, and cat pan liners, when it premiered at last year’s expo in Chicago. Since that time, it has expanded its product line and now offers a line of all-natural and sustainable household and commercial cleaning products that will reduce the amount of toxic fumes in buildings and homes. The company also recently launched PerfPower™ Alkaline Batteries, an innovative and environmentally-friendly battery that contains no cadmium, lead, or mercury.

In less than two years, Perf Go Green has definitely made its presence known. With the fulfillment of this latest re-order, it looks like Perf Go Green is well on its way to becoming a premier provider of viable eco-friendly products.

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Perf Go Green Holdings Inc. (PGOG.OB) Gets the Greenlight for Growth and Expansion through $10 Million Credit Facility

Monday, March 23rd, 2009

Perf Go Green Holdings Inc. (PGOG.OB) has emerged as a market leader in the search for efficient and innovative green solutions and biodegradable products. The company today announced it has secured an aggregate $10 million in supply and factoring credit from Star Funding Inc., which is expected to fuel the company’s growth initiatives.

Michael Caridi, COO of Perf Go Green, said the company will use the $10 million facility to execute its business strategy to remain a competitive player and take full advantage of the green market.

“This agreement is extremely positive as it affords Perf Go Green the ability to grow significantly and execute beyond our business plan,” Caridi stated in the press release. “It also underscores the confidence currently being exhibited in our eco-friendly products by established and credible financiers. We are very pleased and excited about our agreement with Star Funding Inc., especially in these turbulent financial markets as it demonstrates Perf Go Green’s sustainability.”

Per the agreement, Star Funding will provide the capital need to manufacture, import and distribute Perf Go Green’s products on a transactional basis. Additionally, Star Funding will provide oversight of supply chain delivery to make sure the process is operating efficiently.

Star Funding CEO Martin Weingarten said not only is his company looking forward to working with Perf Go Green, but also looking forward to its part in environmentally friendly solutions.

“It is our pleasure to finance Perf Go Green, a company whose management is dedicated to improving the environment through its Green technology,” Martin Weingarten, CEO of Star Funding stated. “We are delighted to be part of their success and do our part for the quality of life and future generations.”

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Beacon Equity Research Featured Company: Perf Go Green Holdings Inc. (PGOG.OB)

Monday, March 9th, 2009

Perf Go Green Holdings Inc., a company dedicated to funding green initiatives that promote sustainability, is a biodegradable plastics firm. They work at developing eco-friendly, non-toxic, food contact compliant, biodegradable plastic products as a solution to eliminate plastic waste from the environment. As part of the Green Revolution, they have developed a biodegradable trash bag. It consists of recycled plastics that are biodegradable. After consumers use them and have them hauled away to trash sites, the bags completely break down within 12 to 14 months.

Perf Go Green markets and distributes a 13-gallon kitchen trash bag and a 30-gallon lawn and leaf bag. The Company seeks out mass-market retailers to market their products in the United States and Canada. Based in New York City, the company sells their trash, and lawn and leaf bags throughout different supermarkets. They also sell their products through Walgreen’s, Amazon.com, and Drugstore.com, among others.

The Company’s Perf Go Green Bags have a shelf life of two years. These bags consist of recycled plastics, which combine with an oxo-biodegradable proprietary application method to produce the film for the bags. Once buried in soil, microorganisms, moisture, and oxygen biodegrade these bags, decomposing them into simple materials normally found in environments. Their product lines also include Perf Go Green Plastic Drop Cloths, Perf Go Green Commercial Trash Bags, Perf Go Green Kitty Litter Bags, and Perf Go Green Doggie Duty Bags.

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Perf Go Green Holdings, Inc. (PGOG.OB) Sales & Marketing Team Expands with Sharon Associates

Monday, July 14th, 2008

Perf Go Green announced today that they have entered into a partnership agreement with Sharon Associates. This partnership will allow Sharon Associates to broker and represent Perf Go Green to major retailers including CVS Pharmacy (NYSE: CVS), Stop & Shop Supermarkets, Shaw’s Supermarkets, Rite-Aid (NYSE:RAD), Hannaford and Wegmans.

For the past 28 years, Sharon Associates has been an expert in sales and marketing of wholesale products to major chain stores and will help Perf Go Green market their unique patented recycled trash bags, which effectively reduce plastic waste. When discarded in soil and exposed to the presence of microorganisms, moisture and oxygen, Perf Go Green products biodegrade, decomposing into simple materials found in nature much faster than regular plastics, which can take hundreds of years to break down. The company’s products are already been sold online at Amazon.com (NASDAQ:AMZN) and Drugstore.com (NASDAQ:DSCM), and Perf Go Green is hoping to roll out its first items in nationwide chain stores later this year.

Perf Go Green Chairman and CEO Tony Tracy stated, “With their extensive industry contacts and understanding of emerging trends and buying patterns, Sharon Associates will be instrumental to our distribution to major national retailers. There clearly is much demand for Perf Go Green products and our expanding and seasoned sales and marketing team will enable us to respond quickly and efficiently to nationwide distribution requests and logistics.”

Mark Gelb, president of Sharon Associates, also commented on the partnership, “We’ve already received a phenomenal reception from national retailers. There are a lot of products being marketed as ’green’, but Perf Go Green stands out as an innovator because it provides a solution to traditional plastic trash bags lasting hundreds of years. The supermarkets and drug chains understand the importance of reducing plastic waste and see the value in adding this product to their shelves.”

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Perf Go Green Holdings Inc. (PGOG.OB) is “One to Watch”

Thursday, June 19th, 2008

Perf Go Green Holdings Inc. (PGOG.OB) is a New York-based biodegradable plastics company. The company’s focus is on the development and global marketing of 100% eco-friendly, non-toxic, food-contact compliant, completely biodegradable plastic products. The company currently offers plastic trash and kitchen bags, dropcloths, and pet pick-up-after bags.

Perf Go Green uses recycled plastic bags combined with an oxy-biodegradable proprietary application method to produce the film for the biodegradable bags. This product, when discarded in soil in the presence of microorganisms, moisture and oxygen, decomposes into simple materials found in nature. PGOG Green Bags will completely breakdown in a landfill environment in 12-24 months, leaving no residue or harmful toxins. This is a vast improvement over traditional plastic bags, which are estimated to take 1,000 years to degrade.

The potential market for PGOG’s Green Bags is enormous. It is estimated that Americans throw away approximately 100 billion plastic bags a year, and globally there may be a trillion plastic bags used annually. If PGOG gained only a small percentage of this potential market, it would mean millions of dollars in revenues for the company.

There are several macro trends in Perf Go Green’s favor. First is the continuing rise in the price of oil. Since plastic is made from oil, the cost of manufacturing plastic bags is rising and companies are looking for cheaper alternatives. PGOG’s plastic bags are made from recycled plastic, so PGOG does not have to worry as much about the price of oil. Another trend is that major US retailers are going ‘green’. PGOG’s Green Bags are expected be sold, beginning in August, at major retailers such as Walmart, Walgreens, CVS Pharmacy, Amazon.com, and Drugstore.com.

Governments are also attempting to go ‘green’, as evidenced by the city of San Francisco banning the use of all traditional plastic grocery bags. China is actually leading the way in this trend and is in the process of moving from plastic grocery bags to other alternatives. This would, of course, open incredible opportunities for Perf Go Green Holdings.

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Perf Go Green Holdings Inc. (PGOG.OB) Raises Additional $3 Million in Second Round Financing

Wednesday, June 18th, 2008

In the world of recycled products, getting the product into the consumers’ hands is the main challenge. Developing the product, addressing the recycling issue and finding funding are all large impediments to getting a solid but expensive idea to market. If, however, a company can address their costs before they get to market, profit will naturally flow as consumers take up the eco-friendly banner.

Perf Go Green Holdings Inc., an early stage biodegradable plastic products manufacturer/marketer, works to manufacture and market biodegradable plastic products through retail and mass merchant channels. The company has commitments to distribute through regional markets, Amazon.com and drugstore.com.

The company’s primary mission is to displace typical plastic products with biodegradable plastic products that take less time to degrade within the consumer waste stream. Its plastic products are said to require 12-24 months to degrade, with no remaining residue, while typical plastic products require hundreds of years to degrade within the same environment. The company currently offers six biodegradable products ranging from home and commercial trash/yard bags to plastic sheeting. Future product introductions are likely as the company’s plastic products are food-contact compliant.

For the most part, the company has found a certain success in raising capital for the manufacture and marketing of its products ($8 million to date.) The question that most recycled products manufacturers face has yet to be answered; can the company’s price points match or better existing commercial products already entrenched in the country’s mass outlet stores? As Perf Go Green is just getting its products to market, the answer is as yet unknown. Many recycled products have taken off on their own merits without relying on their recycled content as a marketing component. Generally, this was due to price points being in line with consumer expectations. With some luck, Perf Go Green will be able to catch the eye of today’s more cost-conscious shopper and recycle its profits into new, environmentally sound products.

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HotOtc.com Featured Company: Perf Go Green Holdings Inc. (PGOG.OB)

Monday, June 16th, 2008

Perf Go Green Holdings Inc. (PGOG.OB) is a New York-based biodegradable plastics company. The company’s focus is on the development and global marketing of 100% eco-friendly, non-toxic, food-contact compliant, 100% bio-degradable plastic products. The company currently offers plastic trash and kitchen bags, dropcloths, and pet pick-up-after bags.

Perf Go Green uses recycled plastic bags combined with an oxy-biodegradable proprietary application method to produce the film for the biodegradable bags. This product, when discarded in soil in the presence of microorganisms, moisture and oxygen, decomposes into simple materials found in nature. PGOG Green Bags will completely breakdown in a landfill environment in 12-24 months, leaving no residue or harmful toxins. This is a vast improvement over traditional plastic bags, which are estimated to take 1,000 years to degrade.

The potential market for PGOG’s Green Bags is enormous. It is estimated that Americans throw away approximately 100 billion plastic bags a year, and globally there may be a trillion plastic bags used annually. If PGOG gained only a small percentage of this potential market, it would mean millions of dollars in revenues for the company.

There are several macro trends in Perf Go Green’s favor. First is the continuing rise in the price of oil. Since plastic is made from oil, the cost of manufacturing plastic bags is rising and companies are looking for cheaper alternatives. PGOG’s plastic bags are made from recycled plastic, so PGOG does not have to worry as much about the price of oil. Another trend is that major US retailers are going ‘green’. PGOG’s Green Bags are expected be sold, beginning in August, at major retailers such as: Walmart, Walgreens, CVS Pharmacy, Amazon.com, and Drugstore.com.

Governments are also attempting to go ‘green’, as evidenced by the city of San Francisco banning the use of all traditional plastic grocery bags. China is actually leading the way in this trend and is in the process of moving from plastic grocery bags to other alternatives. This would, of course, be an incredible opportunity if PGOG chooses to pursue it.

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Green Living Guru Joins Perf Go Green Holdings, Inc. (PGOG.OB) Board of Directors

Wednesday, June 4th, 2008

New York Times bestselling author and green living investment expert David Bach has been selected to join the board of directors of Perf Go Green Holding, a marketer and distributor of biodegradable plastics.

Bach, founder and chairman of FinishRich Media, is a great addition to the company as Perf Go Green’s mission is to create a green company for the development of eco-friendly, non-toxic, food contact compliant, biodegradable plastic products as a practical and viable solution to eliminating plastic waste from the world environment. Mr. Bach complements that mission as the author of Go Green & Live Rich, the bestselling book that shows consumers money-saving tips on how to live a more environmentally friendly lifestyle, and he has also helped millions of people learn how to “go green” and save money in the process.

Perf Go Green’s CEO Tony Tracy commented on Mr. Bach’s appointment and stated, “Perf Go Green’s message is about education. We’re offering an easy solution to make living green attainable for everyone, and David Bach is a natural fit for our Board of Directors with his expertise in everyday green lifestyle decisions. More and more people are starting to embrace the idea that going green is not a luxury, it’s a lifestyle that is the future of our environment.”

David Bach also stated, “My goal is to share with everyone that living green is important, attainable and definitely affordable. Perf Go Green’s products are brilliant and embody that message completely. These bags exemplify how green living is achievable without sacrificing comfort or convenience.”

The company will be rolling out the bags made of recycled plastics referenced by David Bach in his statement above. The rollout will include the 13 gallon kitchen trash bags and 30 gallon lawn and leaf bags complete with patented dispensing systems through online retailers, available now, and at nationwide chain stores later this year.

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Perf Go Green Holdings, Inc. (PGOG.OB) Honored At the 2008 International Home & Housewares Show by Design Defined

Tuesday, May 20th, 2008

Perf Go Green Holdings, Inc., a New York-based biodegradable plastics company, was honored for exhibiting products that illustrate premium design quality and innovation at the 2008 International Home & Housewares Show by Design Defined.

The 13 gallon kitchen trash bags and 30 gallon lawn and leaf bags by Perf Go Greene were premiered in March at the International Home & Housewares Show and recognized by a team of Design Finders, who fleshed out the 2,000-plus exhibitors covering one million square feet of showroom floors searching for products that exemplified all qualities of design while achieving a solution to ordinary household storage, clean-up and home décor matters.

Design Defined named Perf Go Green’s products Honoree according to the following criteria:

Innovation
Aesthetics
Usefulness of design
Ecologic responsibility
Economic impact on company’s business

Linda Daniels, Chief Marketing Officer of Perf Go Green said, “With so many new green products available today, we wanted to offer an alternative that was simply better for the environment without sacrificing everyday convenience. We’re especially proud to receive this distinction from Design Defined which further recognizes this commitment.”

Perf Go Green’s patented products will be available for purchase through online retailers in June and nationwide chain stores later this year. The products are made of recycled plastics that combine with the Oxo-Biodegradable proprietary application method to produce the film for the bags, and when discarded in soil, will decompose into simple materials found in nature.

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