Green EnviroTech Holdings, Corp. Announces First Step on Road to Revenue in 2017
January 18 2017 - 5:00AM
Marketwired
Green EnviroTech Holdings, Corp. Announces First Step on Road to
Revenue in 2017
JAMESTOWN, CA-(Marketwired - Jan 18, 2017) - Green EnviroTech
Holdings, Corp. (OTC PINK: GETH) is pleased to announce that the
company has acquired a Carbon Black Finishing System for
installation in its Centralized Carbon Black Finishing Plant, to be
built in Ohio. The equipment is being relocated and installed with
the assistance of GETH's strategic partners, under a master
services agreement that covers all of the GETH plants. The Ohio
site is being provided by the Lawrence County Economic Development
Corporation as part of its mission to bring jobs back to that part
of Ohio, which has seen numerous plant closures.
Chris Bowers, CEO of GETH, said: "This is an important first
step on the road to revenue in 2017. Our Carbon Black Finishing
Plant will upgrade both third party carbon black and the carbon
black produced by our GEN 1 End of Life Tire Processing Plants. It
is an integral part of our business model, and we expect it to help
drive revenue growth as we sell product into the multi-billion
dollar global carbon market. We are particularly pleased that we
will be able to create jobs and help the local economy in
Ohio."
Gary De Laurentiis, GETH Chairman added: "I am pleased to see
that we continue to make progress towards deploying assets for
generating revenues, a very important milestone for GETH. I would
personally like to thank our strategic partners for their efforts
over the last months to help make this happen."
About GreenEnviroTech Holdings GreenEnviroTech Holdings, Corp.
(GETH) is a pioneer in sustainable development. Our mission is to
find and implement practical, economical solutions that will clean
up the environment. Our technologies will convert waste into
valuable products and help to protect the planet.
For more information on GETH: www.greenenvirotech.com
Forward-Looking Statements This release contains forward-looking
information within the meaning of the Private Securities Litigation
Reform Act of 1995. Statements in this news release concerning the
Company's expectations, plans, business outlook or future
performance, and any other statements concerning assumptions made
or expectations as to any future events, conditions, performance or
other matters, are "forward-looking statements". Forward-looking
statements are by their nature subject to risks, uncertainties and
other factors which could cause actual results to differ materially
from those stored in such statements. Such risks, uncertainties and
factors include, but are not limited to the risks set forth in the
Company's most recent Form 10-K, 10-Q and other SEC filings which
are available through EDGAR at www.sec.gov. The Company assumes no
obligation to update the forward-looking statements.
Contact Information
CONTACT INFORMATION Public Relations and Media Contact: LCG
Headquarter Office 702.333.4886 www.lcginfo.com
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