Welcome!

News Feed Item

Garb Oil & Power Corporation Announces OTC Initial Filings Submission to OTC Markets and Entering Into a Revenue-Generating Collaborative Effort With Shredderhotline.com Company

LARGO, FL -- (Marketwired) -- 02/27/14 -- Garb Oil & Power Corporation (OTC Pink: GARB) After spending the last several months working on several fronts, current Company Management is proud to announce two significant Company milestones have been accomplished as part of the Company's reorganization within its new business plan:

  • The Company's OTC Initial Filings have been submitted to OTC Markets; and
  • The Company has entered into a revenue-generating Collaborative Effort with Shredderhotline.com Company.

Now that the Company's OTC Initial Filings have been submitted to OTC Markets, we await their review and approval to move the Company up to the OTC Markets, Pink Current public company tier. The filings are available on the website of OTC Markets, OTCPink: GARB, Filings & Disclosure tab.

The Collaborative Effort with Shredderhotline.com ("CE") is a portion of the current Company Management's building and execution of a solid business plan to generate immediate revenue. The CE is disclosed in one of the Company's aforementioned OTC Initial Filings: the Consolidated Financial Statements for the Two Years Ending December 31, 2013 and 2012, Notes to the Consolidated Financial Statements, Note 11 - Subsequent Events. Highlights of the CE include the following Contributions by each company:

Business and relationship/assets of Shredderhotline.com ("SHLDC") being contributed to the CE:

1. Customer database to purchase Shredder Equipment and related
   sales/services as further detailed below.
2. Full Line of Shredder Equipment including Patents, Design and
   Manufacturing plus related sales operations as detailed below.
     a. The Genox Line of Equipment
     b. The Eidal Line of Equipment
     c. Shredderhotline.com online sales, parts and service
     d. The Setup, Service and Operation of Recycling Plants
3. Expandable Business Model including Global Sales Capabilities.
4. Founder and head of the company, Dan Scott Burda, to be an advisor to
   GARB pertaining to the CE.
5. Long history in the Shredder and Recycling Industries.

Business and relationship/assets of the Company being contributed to the CE:

1. Access to public debt and equity financing specifically for GARB acquired
   contracts provided through SHLDC.
2. New Experienced, Committed Long Term Corporate Management and Advisors.
3. Tammy Taylor, Chief Executive Officer and Director of GARB, or her
   assigns, to oversee on GARB'S behalf all aspects of the CE.
4. Long history in the Shredder and Recycling Industries.

Other pertinent parameters and understandings of the CE include:

  • An amendment was added at the insistence of SHLDC that the CE discontinues if Tammy Taylor does not remain the primary Company contact to the CE.
  • It is understood by both Parties that the contributions by SHLDC to the CE will be over time. SHLDC'S CE contributions complete a Stock Purchase Agreement's assets transfer.
  • The CE will be operated through a newly formed State of Florida incorporated wholly owned subsidiary of the Company. The subsidiary that has been incorporated in the State of Florida for this purpose is Garb Global Services, Inc.
  • The current Company Management will assure that the Company's own product sales and services do not directly conflict, or are in direct competition with, the CE'S product sales and services.

Tammy Taylor, company Chief Executive Officer and President, stated, "The current Garb team has worked tirelessly to make these corporate milestones a reality once we took over the reins of the Company six months ago. This same drive that has accomplished these major company achievements will continue until the Company has been reorganized and transformed into the fully operating company our business plan envisions it can be."

Dan Scott Burda, Shredderhotline.com Company founder and head, stated, "The Burda Family and Garb's original founder, John Brewer, pioneered the industrial shredder industry beginning in the early 1970's. I envisioned leaving my family legacy in the shredder and recycling industry into capable hands of a public company so that it will have a better chance to survive well beyond my life time. Garb Oil & Power is the public company I had hoped would be that public company. During our long preliminary discussions with Tammy, we concluded that her honesty, integrity and professional business capabilities met our required attributes of the type of person who can lead a public company that we had sought where we wanted to leave our families' business legacy to."

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.

Investor Relations Contact:
Garb Oil & Power Corporation
[email protected]
888-573-6622, Ext. 1

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...