Global Ecology Corporation Explores Second Production Facility & Governmental Support from the State of Hawaii
March 06 2013 - 8:00AM
Business Wire
Global Ecology Corporation, (OTC QB: GLEC), through its
subsidiary GEC Organics Corp.(“GECO”), has concluded its first
visit to the State of Hawaii to discuss the development of a second
soil amendment production facility. GECO has completed the
infrastructure in Castleberry, Alabama for its first location and
is now in the process of implementing the marketing plan for the
production phase of its natural soil amendment products.
We have presented our technology to and proposed a strategic
relationship with various state agencies in the State of Hawaii,
which closely aligns itself with Governor Neil Abercrombie’s “New
Day in Hawaii” initiative. Our team which consists of GECO
management, investors, advisors and local representatives in Hawaii
was well received in the initial meetings with Hawaiian
governmental officials. Our group had meetings with state, county
and local officials to understand their needs and present solutions
through the use of our USDA certified, organic, high-grade soil
amendment.
“One of the most important means for creating and retaining more
investment in Hawaii, is the productive use of the land for
agricultural purposes. We plan to provide the expertise to enrich
existing farmland and develop acreage which has not been suitable
for farming,” stated Peter Ubaldi, President & CEO. “Our goal
is to expand in Hawaii and use the Alabama location as a template
for the development of future sites throughout the United States,”
added Ubaldi.
Forward-Looking Statements
This release contains certain forward-looking statements (under
Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as
amended) with respect to the development of second production
facility for the Company’s soil amendment product; whether we will
be able to reach an agreement with the State of Hawaii for the
develop of such a facility; whether such a facility will be
profitable and generate sufficient revenue to sustain such a
facility and be beneficial to the financial growth of the Company;
and whether such a facility would be economically beneficial to the
State of Hawaii, the Company and its shareholders. Because such
statements include risks, uncertainties and contingencies, actual
results may differ materially from those expressed or implied by
such forward-looking statements. These risks, uncertainties and
contingencies include, but are not limited to, the following: the
strength and financial condition of our potential customers in
Hawaii; uncertainties relating to the financial strength of GEC
Organics Corp., and the local economy of the State of Hawaii;
uncertainties regarding changes in the political landscaped and
government bureaucracy of Hawaii and the economic environments we
plan to operate and sell our products in; the uncertainties
relating to the implementation of our business strategy; and other
risk factors as outlined in the company’s periodic reports, as
filed with the U.S. Securities and Exchange Commission.
Forward-looking statements in this document speak only as of the
date on which such statements were made, and we undertake no
obligation to update any such statements that may become untrue
because of subsequent events. We claim the safe harbor protection
for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995.
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