Garb Oil & Power Corporation's CEO & President Tammy Taylor Addresses Shareholders to Announce Corporate Initiatives & Operat...
March 10 2014 - 9:20AM
Marketwired
Garb Oil & Power Corporation's CEO and President Tammy Taylor
Addresses Shareholders to Announce Corporate Initiatives and
Operations Details
LARGO, FL--(Marketwired - Mar 10, 2014) - Garb Oil & Power
Corporation (OTC Pink: GARB) - Today the Company's Chief Executive
Officer and President Tammy Taylor released the following open
letter to shareholders to announce corporate initiatives and
operations details to advance the Company's new management's vision
within the new Company Business Plan.
TO THE SHAREHOLDERS OF GARB OIL & POWER CORPORATION
First let me express my gratitude for the support shareholders
have provided, especially over the last few weeks.
Shortly after I joined the Company, the Company's Founder and
retired Chief Executive Officer, President and Chairman, John C.
Brewer, contacted me. Mr. Brewer has tracked the Company since his
departure in 2009. Last week he made several comments to me on our
publically announced recent achievements stating "I have been
watching your progress which has been exceptional considering what
you had to work with. Keep up the good work and also tell Dan Burda
hello for me, I also knew his dad. Both are nice people and Dan
Burda is one of the top people in the shredding industry. He is a
very valuable person to have working with you and is a great asset.
You have done a good job and things do look much better."
Less than a month ago, I stated my, and the new Company team's
commitments: "We intend to rebuild shareholder trust by executing
on our expanded business plan, building our revenue base, and
increasing our shareholder value. The Company must create real
value while continuing to explore additional business
opportunities."
Since then we filed OTC Initial Filings, moved up to OTC Pink
Current Information and announced the Company had entered into a
Collaborative Effort with Shredderhotline.com Company and Dan Scott
Burda. This Collaborative Effort will generate immediate revenue
through the sale of Industrial Shredders and related equipment. The
equipment revenue range per order is several hundred thousand to
over one million. This revenue will assist us in advancing other
company operations. Today I provide additional Company team
progress.
This week we begin visiting potential properties for the
Company's Tampa Bay Area office/warehouse and the first Florida
plant 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 which are needed now. The warehouse
portion's initial use will be to provide inventory space for new
truck tires and show case industrial recycling equipment including
the Company's newly acquired access to Shredderhotline.com Company
shredders. The first Florida plant site will be utilized initially
for the Company's first waste-to-energy production plant. All
Company sites will have at times some component of research and
development in partnership with educational institutions' related
technology departments as we disclosed when the new management took
over the Company's reigns. The educational institutions' sites may
also be utilized.
Even though there remains corporate preparation for the audit
and address other due diligence findings, with the new management's
team progress to date and the corporate initiatives above, we have
transitioned our resources to fully concentrate on the corporate
activities required to begin Company operations and related
revenues as soon as practical.
We are currently updating www.garbreorg.com to reflect our
progress thus far, please us there soon.
Sincerely, Tammy Taylor, Chief Executive Officer and
President
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 Burda Families, 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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