CHARLOTTE, N.C., Aug. 27, 2013 (GLOBE NEWSWIRE) -- "EyeTalk Communicator" developer Revolutionary Concepts, Inc. (OTCBB:REVO) (www.revolutionaryconceptsinc.com) announces its subsidiary Greenwood Finance Group, LLC has completed the set-up of a new infrastructure in addition to completing several investment transactions.
Solomon RC Ali, Sr. VP Finance said, "We are very pleased with the direction Greenwood Finance Group has taken in overhauling its branding and sales process. The addition of key account personnel and sales management software has had an immediate impact expanding the client base and facilitating new investment opportunities. When we factor Greenwood's notes receivable as well as revenue generated by recent investments, we could be looking at projected earnings just under 3 million dollars by year end. While Revolutionary Concepts continues its negotiations involving the patent licensing, Greenwood's numbers will provide a huge boost to the bottom line and a component in establishing shareholder confidence."
About Revolutionary Concepts, Inc.
Revolutionary Concepts, Inc. is a development stage company focused on the design and development of the Eye Talk Communicator. It serves as an entry management system and gives users the ability to remotely and interactively monitor via two-way communication and control an IP camera while using a personal communication device. Additional uses for the device include medical applications, sporting component, and infant care technology. Revolutionary Concepts Inc. is headquartered in Charlotte, NC with consultants located throughout the United States. www.revolutionaryconceptsinc.com
About Greenwood Finance Group, LLC.
Greenwood Finance Group is a private equity firm consisting of a team of individuals who understand the work that goes into developing businesses in their beginning stages. Greenwood Finance Group provides broad-spectrum investment and capital services to small-cap and micro-cap companies; strategically positioning them for long-term growth and profitability. Greenwood delivers, through our global network of investment partners and private equity groups, the capabilities to quickly tailor funding solutions that meet the unique needs of each client which can be tailored to a client's capital funding needs so it can focus on growing the company.