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
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams. In his session at 22nd Cloud Expo | DXWorld Expo, Daniel Jones, CTO of EngineerBetter, will answer: How can we improve willpower and decrease technical debt? Is the present bias real? How can we turn it to our advantage? Can you increase a team’s effective IQ? How do DevOps & Product Teams increase empathy, and what impact does empath...
DevOps promotes continuous improvement through a culture of collaboration. But in real terms, how do you: Integrate activities across diverse teams and services? Make objective decisions with system-wide visibility? Use feedback loops to enable learning and improvement? With technology insights and real-world examples, in his general session at @DevOpsSummit, at 21st Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, explored how leading organizations use data-driven DevOps to close th...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that's no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, explored how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He expla...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, discussed how given the magnitude of today's application ...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and 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...
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve f...
"Digital transformation - what we knew about it in the past has been redefined. Automation is going to play such a huge role in that because the culture, the technology, and the business operations are being shifted now," stated Brian Boeggeman, VP of Alliances & Partnerships at Ayehu, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.