M2 PRESSWIRE-February 28, 2011-StockProfiler.US: eLayaway is Growing & A New Product at Wal-Mart(C)1994-2011 M2 COMMUNICATIONS
RDATE:28022011
Boston, MA --- eLayaway, Inc. (OTCBB: ELAY); Green Earth Technologies, Inc. (PINKSHEETS: GETG)
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Company News: More and More Affluent Consumers Are Finding eLayaway a Smarter Way to Plan and Pay
TALLAHASSEE, Fla., Feb 24, 2011 - Since its launch in August of 2006, eLayaway, Inc. (OTCBB: ELAY.OB), the Internet's first and only patent pending layaway payment processor, has seen a steady increase in the average household income of its users.
eLayaway, Inc. closed at $0.18 on Friday, trading 8,825 shares.
About eLayaway
eLayaway is an online payment system that allows consumers to pay for the products and services they desire using manageable periodic payments, thereby making purchases affordable and easy to budget. Payments are automatically drafted from the consumer's designated bank account via Automated Clearing House ("ACH") on the modifiable schedule set by the consumer at the time of purchase. A flat 1.9% transaction fee is charged to the consumer and all payments are held in an account in trust at HSBC Bank and transferred to the merchant once full payment has been made. Like traditional layaway programs of the past, delivery of the product or service occurs once payment is complete. Payment processing and supporting services are handled by eLayaway while merchants provide order fulfillment. For many online merchants, eLayaway offers an opportunity to provide layaway to their customers as a means to expand market share while reducing the administrative requirements of traditional layaway. Merchants are now turning to payment alternatives such as eLayaway in order to take advantage of opportunities that increase sales and profits. Today, approximately one-half of all consumers do not qualify for credit. eLayaway provides an alternative payment method that allows these consumers to make the purchases they desire while enabling merchants to sell additional products on an immediate basis. In addition to eLayaway.com, the Company also owns and operates eLayawaySPORTS.com, eLayawayTRAVEL.com and eLayawayHEALTH.com. eLayaway, Inc. was founded in 2005. Press summary, logos and screenshots available for download at: eLayaway.com/press.
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Company News: G.E.T. G-OIL(r) Motor Oil at Wal-Mart
WHITE PLAINS, N.Y., Feb. 28, 2011 - Green Earth Technologies, Inc. (PINKSHEETS: GETG), a leading manufacturer and marketer of "green" environmentally safer consumer packaged goods and products, announced today the distribution of their G-OIL 5W-30 Bio-based Full Synthetic Motor Oil in over 2,100 Walmart stores throughout the United States.
Green Earth Technologies, Inc. closed at $0.48 Friday, trading 80,245 shares.
About Green Earth Technologies
Green Earth Technologies produces G-branded superior performing green products made with American-grown base oils that utilize the power of nanotechnology to deliver environmentally friendly products with no compromise; meaning that consumers can now "do their part" without having to give up performance or value. "Save the Earth - Sacrifice Nothing(r)" is the Company's tagline. The "G" family of products include G-OIL(r), G-MARINE(TM), G-FUEL(TM), G-WASH(TM), G-GLASS(TM), and G-CLEAN(TM), and are offered in a wide range of automotive, outdoor power equipment and household performance and cleaning categories. G.E.T. products are now readily available on the internet at Amazon.com as well as at a variety or retailers and lube centers, including: The Home Depot, Walmart, Fred Meyer, Kroger, Albertson's, Giant, Shop Rite, VIP, National Auto Stores, Do It Best, Lex Brodie's Tire Company, Honest One and participating ACE & True Value dealers. Please visit www.getg.com for the latest news and in-depth information about GET and its brands.
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