Garb Oil & Power Corporation Announces the 2013 Authorized and Reported Reverse Split Is Cancelled
February 20 2014 - 4:30PM
Marketwired
Garb Oil & Power Corporation Announces the 2013 Authorized and
Reported Reverse Split Is Cancelled
LARGO, FL--(Marketwired - Feb 20, 2014) - Garb Oil & Power
Corporation (OTC Pink: GARB) Today the company confirmed the 2013
Authorized and Reported 3000:1 Reverse Split is cancelled due to
the fact that it has been over 90 days since it was authorized and
approved but never enacted.
Tammy Taylor, company Chief Executive Officer and President
stated, "In our continuing efforts to clean the Company on several
fronts, the new Company team is working diligently with Laura
Anthony and Legal & Compliance, LLC to identify and address all
unresolved corporate matters we inherited last August. With
tomorrow being my six month anniversary with the Company, I truly
believe we are progressing toward our goal to build real value to
the Company's shareholders with the Company's enhanced business
plan".
About Garb Oil & Power Corporation Garb Oil & Power
Corporation (OTC Pink: GARB) has a rich 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 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.
Garb Oil & Power Corporation Investor Relations Contact:
info@garbreorg.com 888-573-6622, Ext. 1
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