Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) The Company announces that yesterday it made its first revenue generating sale of the current 2014 fiscal year through its wholly-owned subsidiary, Garb Global Services, Inc. for a $200,000 shredder.
Tammy Taylor, company Chief Executive Officer and President stated, "This sale represents a milestone for the Company that we are very proud of. The corporate team has diligently worked for the Company to achieve this monumental accomplishment. The new Corporate Management views this corporate event as a building block in moving the Company forward to a level both management and shareholders expect."
In other corporate news, the Company has obtained the Investor Relations services of Axiom Financial, Inc.
About Garb Oil & Power Corporation
Garb Oil & Power Corporation, (OTC Pink: GARB), has a long company history in the fast growing industry of waste recycling and specifically related to waste-to-energy. Garb has reorganized to utilize both next-generation machines and new technologies, including those contributed to the Company by the BurdaFamilies, to vertically integrate into the waste refinement, recycling and energy industries. The revised company emphasis is in profitable new and "green" solutions for waste-to-energy, alternate energy sources, gas drilling, fuel enhancements and improving energy usage efficiency.
Garb's strategy is to build its own plants and sell the high value products that Garb's new cost effective processing technologies allow it to produce. Several technologies and products are under review with Garb's new strategic alliances include the following.
- Specific food waste to energy and other of its potential green technology uses.
- Alternate energy sources beyond today's widely publicized options.
- Fuel enhancements to increase efficiency and decrease pollution.
- Recycle fuel operations that utilize the fuel enhancement products.
- New equipment technologies that improve energy usage efficiency.
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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.
CONTACT:
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
SOURCE: Garb Oil & Power Corporation
Associated Documentation:
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GARB_3-27-14_MAQ_ETL.docx
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