The terms of the agreement include funding the expansion of Green Star’s production and blending facilities for the TVT Product Line.
In addition to the funding for the expansion, Innovasol made an initial purchase of approximately half a container load of assorted TVT Products which included Engine Oil Energizer, Diesel Fuel Additive and several other products including cutting oils for machine shops.
Green Star president Joseph LaStella said that Green Star is reemphasizing its successful business strategy of selling green products, providing engineering services and engaging in joint venture relationships to produce cash flows from sales and royalties of licensing agreements.
