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
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...
SYS-CON Events announced today that N3N will exhibit at SYS-CON's @ThingsExpo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. N3N’s solutions increase the effectiveness of operations and control centers, increase the value of IoT investments, and facilitate real-time operational decision making. N3N enables operations teams with a four dimensional digital “big board” that consolidates real-time live video feeds alongside IoT sensor data a...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
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...
SYS-CON Events announced today that SourceForge has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month.
Today most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes significant work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reducti...
Today traditional IT approaches leverage well-architected compute/networking domains to control what applications can access what data, and how. DevOps includes rapid application development/deployment leveraging concepts like containerization, third-party sourced applications and databases. Such applications need access to production data for its test and iteration cycles. Data Security? That sounds like a roadblock to DevOps vs. protecting the crown jewels to those in IT.
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
SYS-CON Events announced today that Interface Corporation will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Interface Corporation is a company developing, manufacturing and marketing high quality and wide variety of industrial computers and interface modules such as PCIs and PCI express. For more information, visit http://www.i...
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
In his session at @ThingsExpo, Greg Gorman is the Director, IoT Developer Ecosystem, Watson IoT, will provide a short tutorial on Node-RED, a Node.js-based programming tool for wiring together hardware devices, APIs and online services in new and interesting ways. It provides a browser-based editor that makes it easy to wire together flows using a wide range of nodes in the palette that can be deployed to its runtime in a single-click. There is a large library of contributed nodes that help so...
What is the best strategy for selecting the right offshore company for your business? In his session at 21st Cloud Expo, Alan Winters, U.S. Head of Business Development at MobiDev, will discuss the things to look for - positive and negative - in evaluating your options. He will also discuss how to maximize productivity with your offshore developers. Before you start your search, clearly understand your business needs and how that impacts software choices.
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 21st Cloud Expo, Lennart Frantzell, a Developer Advocate with IBM, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing devel...
SYS-CON Events announced today that Cedexis will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Cedexis is the leader in data-driven enterprise global traffic management. Whether optimizing traffic through datacenters, clouds, CDNs, or any combination, Cedexis solutions drive quality and cost-effectiveness.
SYS-CON Events announced today that Mobile Create USA will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Mobile Create USA Inc. is an MVNO-based business model that uses portable communication devices and cellular-based infrastructure in the development, sales, operation and mobile communications systems incorporating GPS capabi...