Garb Oil & Power Corporation's CEO & President Tammy Taylor Addresses Shareholders to Provide Progress Report on Company Oper...
21 Aprile 2014 - 2:00PM
Marketwired
Garb Oil & Power Corporation's CEO and President Tammy Taylor
Addresses Shareholders to Provide Progress Report on Company
Operations' Initiatives
LARGO, FL--(Marketwired - Apr 21, 2014) - Garb Oil &
Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) -- Today the
Company's Chief Executive Officer and President Tammy Taylor
released the following open letter to shareholders to provide a
clear picture of progress directly relating to Company operations'
initiatives.
TO THE SHAREHOLDERS OF GARB
OIL & POWER CORPORATION
The Company team has worked
tirelessly on the corporate activities required to further the
Company's operations within the framework of the Company's Business
Plan to benefit all Garb shareholders. The Company Business
Plan is for Garb to vertically integrate within the waste,
recycling and energy industries with emphasis on operating its own
plants. Below is a summary, including our progress to date in
the development of the Company's operations.
We announced last month that
we had begun visiting potential properties for the Company's Tampa
Bay Area office/warehouse and the first Florida production site, to
be located north of the Tampa Bay Area. The office/warehouse
will be used to house the Company's corporate staff and related
activities. The warehouse portion's initial use will be to
provide inventory space for new truck tires and show case
industrial recycling equipment.
Last week on Wednesday, April
16th, we disclosed in other corporate news that the Company has
made significant progress on the purchase of its first Florida
production site that is expected by all parties to be under
contract early next month. This site is specifically being
purchased to manufacture wood pellets to be used as an alternate
power fuel and for farm and agricultural applications. In
addition, the manufacturing facility will utilize power saving
technology including the use of recycled materials as fuel that
will result in lower operating costs. In addition, excess
electricity will be generated that may be sold back to the power
company, thereby the site generating an additional source of
revenue.
Last week on Monday, April
14th, we announced the creation of a new corporate division
relating specifically to the Medical Marijuana Industry after
discovering there are several paraphernalia products that the
Company may produce that also fit into the Company's Business Model
of utilizing recycled material in producing both useful and
desirable products. Also, within the Cannabis Industry, the
Company has interest in the potential use of hemp as one of the raw
materials utilized in the production of alternate fuels and energy
that will be located on an additional production site. To
further these endeavors prior to the State of Florida voters in
November deciding if the use of Medical Marijuana will be legal in
the state, the Company has begun endeavors to create the Company's
first operation in a state other than Florida that has legalized
hemp and paraphernalia production.
We are currently updating
www.garbreorg.com to reflect our progress thus far. Please
visit us there soon.
Sincerely, Tammy Taylor, Chief
Executive Officer and President
About Garb Oil & Power
Corporation Garb Oil & Power Corporation (OTC Pink: GARB)
(PINKSHEETS: GARB) has a long company history in the fast
growing industry of waste recycling and specifically related to
waste-to-energy. Garb is organized to utilize both next-generation
machines and new technologies, including those contributed to the
Company by the Burda Families, to vertically integrate into the
waste refinement, recycling and energy industries. The Company's
emphasis is for its own plants to produce profitable new and
"green" solutions for waste-to-energy, alternate energy sources,
gas drilling, fuel enhancements, improving energy usage efficiency
and utilizing recycled material in producing both useful and
desirable products.
Cautionary Note Regarding
Forward-Looking Statements: This press release contains
forward-looking statements. These statements are based on current
expectations and assumptions regarding future events and business
performance and involve known and unknown risks, uncertainties and
other factors that may cause industry trends or actual Company
results, level of activity, performance or achievements to be
materially different from any future results, levels of activity,
performance or achievements expressed or implied by these
statements. Although the Company believes that expectations
reflected in the forward-looking statements are reasonable, we
cannot guarantee future results, levels of activity, performance or
achievements. All who read this press release should not place
undue reliance on these forward-looking statements, which apply
only as of the date of this press release.
Investor Relations
Contacts: Garb Oil & Power Corporation
info@garbreorg.com Telephone: 888-573-6622, Ext. 1 Axiom Financial,
Inc. info@axiomir.com Telephone: 678-455-6914
Grafico Azioni Garb Oil and Power (CE) (USOTC:GARB)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Garb Oil and Power (CE) (USOTC:GARB)
Storico
Da Set 2023 a Set 2024