Masterbeat Reverses Into Green Mountain Recovery

Masterbeat Reverses Into Green Mountain Recovery

NEW YORK, Dec. 29 /PRNewswire/ -- Masterbeat LLC, which operates www.masterbeat.com, a leading digital music download website and dance music brand, has completed a reverse merger with Green Mountain Recovery, Inc. (OTCBB: GRNN). Green Mountain Recovery, Inc. has issued 8.5 million new shares to Masterbeat LLC's shareholders, resulting in Masterbeat LLC's current shareholders owning more than 80% of the outstanding common shares. Green Mountain Recovery, Inc.'s former majority shareholders have agreed to certain lockup provisions. The merger was approved unanimously by the Directors of Green Mountain Recovery, Inc. and by all Masterbeat LLC members. The merged entity will be re-named Masterbeat Corporation, and it is expected that its shares will continue to trade on the OTCBB. Until a name and symbol change become effective, the entity will continue to trade under the symbol GRNN.OB. Green Mountain Recovery Inc.'s business has been conveyed to an LLC controlled by its former principal shareholders. The Company has engaged Los Angeles based privately held TAG Strategic to provide digital consulting services and has engaged Allen & Caron to provide investor relations advice and counsel.

Music industry and digital technology veteran Dick Wingate will be appointed non-executive Chairman of the Board and will guide the Company's efforts to create and enhance strategic partnerships to drive traffic to the site and to develop mobile applications. Founder Brett Henrichsen, will be appointed President and Chief Executive Office of Masterbeat Corp., which will be headquartered in New York City, with a facility in West Hollywood, CA. Ted Green, former CEO of Anchor Bay Entertainment and former Chairman of publicly traded TMI Media and Entertainment will also join the Board of Directors as will former SONY executive, attorney Richard Rowe. The management and Board of Green Mountain Recovery have resigned.

"This merger provides enhanced access to capital and will further Masterbeat's strategy of taking a leadership position in dance music," Mr. Henrichsen said. "Our strategy emphasizes steady organic growth through targeted marketing, highly specialized dance music offerings and remix exclusives. This merger represents the best way to meet both our short and long-term growth objectives." Mr. Henrichsen began his career as a marketing executive at IBM and later became an international celebrity DJ.

Since its inception, Masterbeat LLC has raised nearly $5 million in venture capital and private equity from investors, and has negotiated contracts with major and independent record labels to distribute content on a pay-per-download basis.

About Masterbeat LLC.

Masterbeat LLC, a privately-held digital music company, was formed in 2007 to launch the www.masterbeat.com website, making dance music, remixes and electronica more readily available to consumers on the internet. The LLC also owns automated ticketing site www.circuitticket.com, and printing concern www.posterprintshop.com.

Forward Looking Statement Disclosure

This press release contains certain "forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding the efficacy of potential products, the timelines for bringing such products to market and the availability of funding sources for continued development of such products. Forward-looking statements are based on management's estimates, assumptions and projections, and are subject to uncertainties, many of which are beyond the control of Green Mountain Recovery, Inc. and Masterbeat LLC. Actual results may differ materially and adversely from those anticipated in any forward-looking statement.

More detailed information about Green Mountain Recovery, Inc. and risk factors that may affect the realization of forward-looking statements, including the forward-looking statements in this press release is set forth in Green Mountain Recovery, Inc.'s filings with the Securities and Exchange Commission. Green Mountain Recovery, Inc. urges investors and security holders to read those documents free of charge at the Commission's Web site at http://www.sec.gov/. Interested parties may also obtain those documents free of charge from Green Mountain Recovery, Inc. Forward-looking statements speak only as to the date they are made, and except for any obligation under the U.S. federal securities laws, Green Mountain Recovery, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.

Source: Masterbeat LLC

CONTACT: Jon Biondo, Esq. of Masterbeat LLC, +1-212-532-1813,
jon@masterbeat.com; or Joe Levi of Green Mountain Recovery, Inc.,
+1-212-363-7500, jlevi@zlk.com.

Web Site: http://www.masterbeat.com/
http://www.circuitticket.com/
http://www.posterprintshop.com/

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