Garb Oil & Power Corporation Announces Its Medical Marijuana Division Progress
Marketwire - Wed Sep 24, 7:05AM CDT
Garb Oil & Power Corporation (PINKSHEETS: GARB) The Company acquisitions team recently visited a manufacturer that produces medical marijuana related paraphernalia products and generates profitable income to become a part of the Company's Medical Marijuana Division. The Company acquisitions team's visit included negotiations to purchase the targeted medical marijuana related paraphernalia manufacturer. The Company's Medical Marijuana Division will sell medical marijuana and tobacco related paraphernalia products that include using recycled materials in the manufacturing process.
Garb Oil & Power Corporation Announces Audit Paid in Full and Securing $1,385,000 Office and Warehouse
Marketwire - Mon Sep 22, 6:36PM CDT
Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) -- The Company announces it has secured the Largo commercial property located at 1185 Gooden Crossing, Largo, FL with occupancy that began this month. The purchase is secured with a lease to own agreement in the amount of $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 total purchase price of the entire complex. As a capital lease, the full $1,385,000 will be recognized as an asset on the Company's balance sheet effective September 2014. The commercial property site has a total of 55,785 square feet of Office and Warehouse space located on 2.51 acres of land. The 16,838 square feet portion includes office space to primarily be utilized by the corporate Sales and Marketing Department. The available warehouse space is sufficient to warehouse and sell new truck tires. The term is for six months for the purchase to close March 3, 2015 to allow the seller to complete their Christmas Holiday seasonal sales period prior to moving.
Garb Oil & Power Corporation Announces Securing $1,385,000 Warehouse and Office
ACCESSWIRE - Mon Sep 22, 8:02AM CDT
LARGO, FL / ACCESSWIRE / September 22, 2014 / Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB), the Company announces it has secured the Largo commercial property located at 1185 Gooden Crossing, Largo, FL with occupancy that began this month. The purchase is secured with a lease to own agreement in the amount of $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 total purchase price of the entire complex. As a capital lease, the full $1,385,000 will be recognized as an asset on the Company's balance sheet effective September 2014. The commercial property site has a total of 55,785 square feet of Office and Warehouse space located on 2.51 acres of land. The 16,838 square feet portion includes office space to primarily be utilized by the corporate Sales and Marketing Department. The available warehouse space is sufficient to warehouse and sell new truck tires. The term is for six months for the purchase to close March 3, 2015 to allow the seller to complete their Christmas Holiday seasonal sales period prior to moving.
Garb Oil & Power Corporation Announces Postponement of Reverse Split
Marketwire - Fri Jun 27, 6:55AM CDT
Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) Today the Company announces the postponement of the reverse split that was announced on June 16, 2014.
Garb Oil & Power Corporation Enters Into a $1,385,000 Capital Lease Purchase Agreement and Progress on Its Medical Marijuana Division's Paraphernalia Acquisition
Marketwire - Mon Jun 23, 7:15AM CDT
Garb Oil & Power Corporation (OTC Pink: GARB) (PINKSHEETS: GARB) On June 18, 2014, the Company entered into a material contract, a Capital Lease Purchase Agreement for the Largo commercial property located at 1185 Gooden Crossing, Largo, FL. The agreement's 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 total purchase price of the entire complex. As a capital lease, the full $1,385,000 will be recognized as an asset on the Company's balance sheet on the date occupancy begins. The commercial property site has a total of 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 on or before August 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 term is for six months through January 31, 2015. Contractually the purchase is to be closed during the month of January 2015 to allow the seller to complete their Christmas Holiday seasonal sales period prior to moving.
Garb Oil & Power Corporation's CEO and President Tammy Taylor Addresses Shareholders on a Reverse Split and Provides Progress on Corporate Initiatives to Advance the Company
Marketwire - Mon Jun 16, 7:10AM 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 disclosing a reverse split and to provide progress on corporate initiatives to advance the Company.
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: