GARB News Sunday, June 1, 2014 12:50:58 PM $GARB
Post# of 70
Garb Oil & Power Corporation Receives Approval to Purchase Industrial Manufacturing Site and Hires Investor Relations Firm
Marketwire - Mon May 19, 7:16AM CDT
Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) On May 13, 2014 the United States Bankruptcy Court for the District of Delaware approved the Company's $509,900 "As-Is" Asset Purchase Agreement with MFM Industries, Inc. for an industrial manufacturing property and remaining equipment that includes a 51,379 square foot warehouse and a 7,600 square foot covered wet shed for storing raw materials for the manufacturing process. The industrial manufacturing site is located in Reddick, Florida on 10.28 acres of land for the Company's previously announced wood pellet manufacturing and excess electricity operation. Some of the manufacturing equipment and infrastructure that remains on the site from MFM Industries' closed cat litter operation meets most of the Company's needs to manufacture wood pellets. The purchase closing is set to be on or before June 30th.
Garb Oil & Power Corporation Enters Into a Lease-to-Own Letter of Intent for 55,785 Square Feet of Office and Warehouse Space and Other Material Business Plan Initiatives
Marketwire - Thu May 08, 7:51AM CDT
Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) On May 7, 2014 the Company entered into a material contract, a Lease-to-Own Letter of Intent, for a Largo commercial property that totals 55,785 square feet of Office and Warehouse space located on 2.51 acres of land for the Company to occupy 16,838 square feet of the space by July 1st. The 16,838 square feet of warehouse space that is currently being utilized by the seller that will be made available for occupancy is sufficient to house the Company's corporate staff, especially the office space required to fully staff the corporate Sales and Marketing Department. The available warehouse space being occupied is sufficient to warehouse and sell new truck tires. The Lease-to-Own purchase amount is $1,385,000 and the monthly lease amount is $7,000 for the 16,838 square feet portion of the property with $5,000 monthly being recognized as principal payments toward the purchase price of the entire 55,785 square foot complex. The Lease-to-Own term is for six months.
Garb Oil & Power Corporation Enters Into an Asset Purchase Agreement and Files Its OTC Markets Quarterly Report for the Quarter Ending March 31, 2014
Marketwire - Fri Apr 25, 8:14AM CDT
Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) -- The Company entered into a material contract, an Asset Purchase Agreement, on April 23, 2014 for the Company to purchase its first Florida production site. On April 24, 2014, the Company filed its OTC Markets Quarterly Report for the Quarter Ending March 31, 2014 that includes the Company's required filing of this material contract. (March 31, 2014 Quarterly Report - Financial Statements, Notes to Consolidated Financial Statements, Note 11 - Subsequent Events)
Garb Oil & Power Corporation's CEO and President Tammy Taylor Addresses Shareholders to Provide Progress Report on Company Operations' Initiatives
Marketwire - Mon Apr 21, 7:02AM CDT
Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) -- Today the Company's Chief Executive Officer and President Tammy Taylor released the following open letter to shareholders to provide a clear picture of progress directly relating to Company operations' initiatives.
Garb Oil & Power Corporation Joins Both a State of Florida and National Cannabis Associations to Facilitate the Company's Immediate Expansion Into the Medical Marijuana Industry
Marketwire - Wed Apr 16, 9:01AM CDT
Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) -- In order to facilitate the Company's expansion into the Medical Marijuana Industry and to be able to advance quickly in completing a comprehensive evaluation of all potential revenue streams within this industry, the Company has joined the Florida Cannabis Coalition and the National Cannabis Industry Association.
Garb Oil & Power Corporation Announces a New Corporate Division to Serve the Medical Marijuana Industry
Marketwire - Mon Apr 14, 7:45AM CDT
Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) -- The Company is announcing the creation of a new corporate division relating specifically to the Medical Marijuana Industry. Since 1996 twenty states and DC have passed laws legalizing Medical Marijuana and the list is growing. Currently, 13 additional states have similar legislation pending. Garb Management is now in open discussions to explore all possible revenues streams within this industry.
Garb Oil & Power Corporation Announces Its First 2014 Revenue
Marketwire - Thu Mar 27, 7:17AM CDT
Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) The Company announces that yesterday it made its first revenue generating sale of the current 2014 fiscal year through its wholly-owned subsidiary, Garb Global Services, Inc. for a $200,000 shredder.
Garb Oil & Power Corporation's CEO and President Tammy Taylor Addresses Shareholders to Announce Corporate Initiatives and Operations Details
Marketwire - Mon Mar 10, 9:20AM CDT
Garb Oil & Power Corporation (OTC Pink: GARB) - Today the Company's Chief Executive Officer and President Tammy Taylor released the following open letter to shareholders to announce corporate initiatives and operations details to advance the Company's new management's vision within the new Company Business Plan.
Garb Oil & Power Corporation Announces Retaining the Investment Banking Firm Street Capital to Assist the Company in Primarily Asset Acquisition Funding
Marketwire - Wed Mar 05, 7:02AM CST
Garb Oil & Power Corporation (OTC Pink: GARB) The Company announces it has retained the investment banking firm Street Capital. Retaining Street Capital is another accomplishment of the Company's reorganization within the current Company Management's new business plan. Street Capital's broad range of service offerings is to provide the Company with the necessary tools required to accomplish portions of the current Company Management's business plan and assist in sustaining Company growth into the foreseeable future by assisting the Company to obtain primarily asset acquisition financing.
Garb Oil & Power Corporation Announces OTC Initial Filings Submission to OTC Markets and Entering Into a Revenue-Generating Collaborative Effort With Shredderhotline.com Company
Marketwire - Thu Feb 27, 11:05AM CST
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:
Garb Oil & Power Corporation Announces the 2013 Authorized and Reported Reverse Split Is Cancelled
Marketwire - Thu Feb 20, 3:30PM CST
Garb Oil & Power Corporation (OTC Pink: GARB) Today the company confirmed the 2013 Authorized and Reported 3000:1 Reverse Split is cancelled due to the fact that it has been over 90 days since it was authorized and approved but never enacted.