Garb Oil & Power Corporation Announces Change in Reporting Board; Garb Has Been Elevated From an OTCBB to an OTCQB Company
26 May 2010
SALT LAKE CITY, May 26, 2010 (GLOBE NEWSWIRE) -- Garb Oil & Power Corporation (OTCQB:GARB) www.garbop.com announces the elevation of Garb from an OTCBB reporting company to an OTCQB company. John Rossi, the newly appointed President and CEO of Garb Oil & Power Corp., states "this new board provides investors with a more clear and transparent look of Garb. The advantage to the investor is substantial with the possibility of dealing with Garb electronically and having direct access to real time level 2 quotes."
Garb will concentrate on promoting its E-Waste and Tire Recycling plants into the market place both in the United States and abroad. Garb will continue to focus on E-Scrap as a primary technology and continue to both refine the applications and end products deriving from E-Waste. Our technology and expertise have in the past also provided solutions in Waste to Energy and OTR plant building and development. Both of these technologies are important to Garb and will make up part of our long term expansion plan. Read More...
Garb will concentrate on promoting its E-Waste and Tire Recycling plants into the market place both in the United States and abroad. Garb will continue to focus on E-Scrap as a primary technology and continue to both refine the applications and end products deriving from E-Waste. Our technology and expertise have in the past also provided solutions in Waste to Energy and OTR plant building and development. Both of these technologies are important to Garb and will make up part of our long term expansion plan. Read More...
Garb Oil & Power Corporation Announces Debt Reduction in Excess of $3,000,000
26 May 2010
Garb Oil & Power Corporation (OTCQB:GARB) www.garbop.com announces debt reduction in excess of $3,000,000.
John Rossi, President and CEO of Garb Oil & Power Corp, states, "this reduction is in line with our strategy of reducing our past debt and preparing Garb to deal with the new challenges ahead." Read More...
John Rossi, President and CEO of Garb Oil & Power Corp, states, "this reduction is in line with our strategy of reducing our past debt and preparing Garb to deal with the new challenges ahead." Read More...
Appointment of John Rossi as New President and CEO of the Corporation and a New Corporate Direction
05 May 2010
Garb Oil & Power Corporation (OTCBB:GARB) www.garbop.com announces the appointment of John Rossi as new President and CEO of Garb Oil & Power Corp. John Rossi is co-inventor together with Alan Fleming, (Chief Operations Officer), of the ClosedCycled Principal and the driving force behind the technology promoted by Garb. Igor Plahuta, Director of European Operations and Chief Technology Officer, is the developer and patent registrant for most of the technology related to Garb. Together this new team is setting Garb on a new direction. Read More...
Plans Begin for 10 E-Scrap (E-Waste) Plants to Be Built Worth $135,000,000 by Newly Formed Consortium
14 April 2010
Garb Oil & Power Corporation (OTCBB:GARB)www.garbop.com announces that it has formed a consortium with seven other companies to build 10 E-scrap (E-Waste) plants in the eastern part of the US. The combined value of the projects is $135,000,000, spread over the next 24 months. Garb has finalized the agreement with Soil Remediation Inc. (SRI), Steel Valley Design Inc., LMW Holding Company Inc., Odyssey Environmental LLC, Robert D. Carcelli Inc., Liberian Holding Corporation Inc. and Three C's Distributing, Inc. The plants will process a combined 300,000 metric tonnes of E-Scrap (E-Waste) per year using the latest Garb technology in 10 states across the Eastern US seaboard. The plants will employ over 500 people once fully operational and will apply the Garb ClosedCycle™ principal of leaving NoWaste™. First plant will be completed 1st QTR 2011 with delivery of first machines expected by September 2010 and delivery of plants will continue to 1st QTR 2012. Read More...
Garb is Forming a Consortium to Build 10 E-Scrap (E-Waste) Plants Worth $135,000,000 in Eastern USA
25 March 2010
Garb Oil & Power Corporation (OTCBB: GARB.OB)www.garbop.com announces that it is in the final stages of forming a consortium of six companies to build 10 E-Scrap (E-Waste) plants in the Eastern part of the US. The combined value of the projects is $135,000,000, spread over the next 24 months. Garb expects to finalize the agreement with all six companies by the end of next week. The plants will process 300,000 metric tonnes of E-Scrap (E-Waste) per year using the latest Garb technology in 10 States across the Eastern US seaboard. The plants will apply the Garb ClosedCycle™ principle of leaving NoWaste™. Commissioning of the plants will start 1st QTR 2011 and continue to 1st QTR 2012. Read More...
Garb Announces Sale of E-Waste (E-Scrap) Plant to SRI, Inc. in Ohio for $13,490,000
23 March 2010
Garb Oil & Power Corporation (OTCBB: GARB) www.garbop.com announces the sale for $13,490,000 of an E-Waste processing facility to be commissioned on SRI, Inc., Ohio property site. The plant will process 30,000 metric tonnes of E-Scrap, E-Waste per year using the latest Garb technology. This plant will apply the Garb ClosedCycle™ principal of leaving NoWaste™. Commissioning of the plant is planned for 1st QTR 2011. Read More...
Garb Appoints Premier Media Service, Inc. for Investor Relations Program
17 March 2010
Garb Oil & Power Company (OTCBB: GARB) announced today that it has retained Premier Media Service, Inc. as its investor relations firm. Arizona-based Premier Media Service, Inc., a full service investor and media relations consulting firm, provides both private and publicly traded companies customized programs to generate awareness among members of the financial community. Premier Media specializes in accelerating growth in the value of small to mid-size companies. Read More...
Garb Hits 7 cents (€) on the Berlin Stock Exchange
23 November 2009
Garb-Oil & Power Corporation (OTCBB: GARB) hits 7 cents (€) on the Berlin Stock Exchange. Garb is listed on the Berlin Stock Exchange under the symbol G90.BE (WKN 825109). Garb is also traded on the OTC Bulletin Board under the symbol GARB.OB (ISIN US3648251094). Garb maintains Headquarters in Salt Lake City, Utah, USA and in Iserlohn, Germany. Read More...
Garb Announces Green-Earth Initiative for 2010
11 November 2009
Garb-Oil & Power Corporation (OTCBB: GARB) announces the company’s “Green-Earth Initiative” for 2010. The driving objective behind Garb’s initiative is the strategic vision of creating a “NoWaste™” environment by providing profitable solutions and technology to the recycling and energy industries, in line with the company’s strategic 5-year outlook recently presented and our ClosedCycle™ principal. Read More...
Garb Announces 5 Year Strategic Outlook
09 November 2009
Garb-Oil & Power Corporation (OTCBB: GARB) announces its strategic outlook defining the company’s focus for the next 5 years as the company concludes its corporate restructuring.
In preparation for Garb’s 5-year strategy the company successfully concluded a significant restructuring phase aimed at positioning Garb for gaining market share in its targeted primary markets. With this restructuring, Garb increased its number of Directors from 3 to 7. Accordingly, Garb welcomed 4 new Directors in Mr. Igor Plahuta as the company’s Director for European Operations, Mr. John Wright as Treasurer of the Board, Ms. Lynette Williams as Strategic Advisor to the Board, and Mr. John Rossi. Read More...
In preparation for Garb’s 5-year strategy the company successfully concluded a significant restructuring phase aimed at positioning Garb for gaining market share in its targeted primary markets. With this restructuring, Garb increased its number of Directors from 3 to 7. Accordingly, Garb welcomed 4 new Directors in Mr. Igor Plahuta as the company’s Director for European Operations, Mr. John Wright as Treasurer of the Board, Ms. Lynette Williams as Strategic Advisor to the Board, and Mr. John Rossi. Read More...
Garb Announces Increase of Number of Directors from 5 to 7 and Appointment of New Chairman of the Board
05 November 2009
Garb-Oil & Power Corporation (OTCBB: GARB) announces that the company’s Board of Directors has appointed Mr. John Rossi as the new Chairman of the Board. Read More...
OTC stocks report; ranks Garb-Oil & Power Corporation in the top 500
05 November 2009
Garb-Oil & Power Corporation (OTCBB: GARB) Today Garb-Oil & Power Corporation (GARB) was ranked in the top 500 OTC stocks as reported by www.NASD100.com. According to the report, Garb was ranked 442 out of over 4,000 OTC stocks based on year-to-date performance with a growth of 380%. Read More...
Garb Presents New Line of Products and Plants Derived from Acquisition of RPS GmbH
30 October 2009
Garb-Oil & Power Corporation (OTCBB: GARB) presents its new line of products and plants the company derived from its recent acquisition of German company Resource Protection GmbH (RPS). The technology and know how in building and commissioning plants that RPS brings to Garb were a critical part of the acquisition. Products include: Read More...
Garb Announces Launch of New Website and Further Announces Stockguru.com’s Placement of Garb on its Stock-to-Watch List
29 October 2009
Garb-Oil and Power Corporation (OTC BB: GARB.OB) announces the launch of an all-new website at www.garbop.com. Garb’s new website details the company’s all-new product line and features new videos and images highlighting the company’s extensive industry experience and past sales. Garb also announces that Stockguru.com has spotlighted Garb as a stock to watch. The spotlight can be found here. Read More...
Garb Announces Retirement of Founder and Chairman John C. Brewer and Appointment of New CEO
28 October 2009
Garb-Oil & Power Corporation (OTCBB:GARB) announces the retirement, at the age of 87, of Mr. John C. Brewer from all operating roles in Garb-Oil & Power Corporation including Chairman of the Board and CEO. Mr. John C. Brewer, founder of Garb, has served as Chairman and CEO for over 37 years. Mr. Brewer will remain as Director on the Board and Special Advisor to the company. Read More...