Garb Oil & Power Corp. announces Shareholder update January
2013
SALT LAKE CITY, Jan. 8, 2013 /PRNewswire/ -- Garb Oil &
Power Corporation (USOTC: GARB). Further to our shareholder update
on December 10, 2012, Garb Oil &
Power Corporation announces meeting on January 9, 2013 in Los
Angeles, between Garb management and Bionas Malaysia
management to discuss possible joint venture partnership for the
North American market.
About the company: Bionas Malaysia
http://www.bionas.com.my/index.html: Bionas is a company that
specializes in alternative fuels their MISSION - To Become the
leading producer Of Sustainable Second Generation Renewable Energy
which is environmentally friendly, do not cause deforestation, do
not compete with food while providing socioeconomic value to local
communities. MISSION - To develop new sustainable green
economic activity which will enhance economic growth in rural areas
and at the same time eradicate poverty
About the Company: Garb Oil & Power Corporation (Garb) was
founded in 1972. The Company is a pioneer in the recycling and
waste industries. The Company's founder invented, patented
and produced the first shredder in the world designed specifically
for shredding tires. This shredder revolutionized the waste tire
world. This tradition for innovation, now stemming over 37 years,
is a key founding principle upon which Garb thrives. The
Company continues to infuse this same tradition of enthusiasm and
innovation into its operations, and the Company's founder's
trademark commitment to breaking new ground will carry on into the
future. The new industries of Waste Rubber, Electronic Waste
(E-waste) and Waste-to-Energy are the new areas upon which Garb is
currently focusing its innovative spirit. Management believes
that the integration of Garb's ClosedCycle™ principle and the
attainment of a NoWaste™ process in these industries, along with
innovation and contributing technology and products, will keep Garb
green on growth.
Certain statements in this announcement contain or may contain
forward-looking statements that are subject to known and unknown
risks, uncertainties and other factors which may cause actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. Generally, the words
"believes", "anticipates," "may," "will," "should," "expect,"
"intend," "estimate," "continue," and similar expressions or the
negative thereof or comparable terminology are intended to identify
forward-looking statements which include, but are not limited to,
statements concerning the Company's expectations regarding its
working capital requirements, financing requirements, business
prospects, and other statements of expectations, beliefs, future
plans and strategies, anticipated events or trends, and similar
expressions concerning matters that are not historical facts. These
forward-looking statements were based on various factors and were
derived utilizing numerous assumptions and other factors that could
cause our actual results to differ materially from those in the
forward-looking statements. These factors include, but are not
limited to, economic, political and market conditions and
fluctuations, government and industry regulation, interest rate
risk, U.S. and global competition, and other factors. Most of these
factors are difficult to predict accurately and are generally
beyond our control. You should consider the areas of risk described
in connection with any forward-looking statements that may be made
herein. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
announcement. Readers should carefully review this announcement in
its entirety, including but not limited to our financial statements
and the notes thereto. Except for our ongoing obligations to
disclose material information under the Federal securities laws, we
undertake no obligation to release publicly any revisions to any
forward-looking statements, to report events or to report the
occurrence of unanticipated events. For any forward-looking
statements contained in any document, we claim the protection of
the safe harbor for forward-looking statements contained in the
Private Securities Litigation Reform Act of 1995.
OTHER PERTINENT INFORMATION
When used in this announcement, the terms "GARB", the "Company",
"we", "our", and "us" refers to GARB OIL & POWER CORPORATION, a
Utah corporation.
Garb Oil & Power Corporation
+1-801-738-1355 Office
John Rossi President & CEO
Email: info@garbmail.com
Websites: www.garbop.com
SOURCE Garb Oil & Power Corporation