SOURCE: Garb Oil & Power Corporation

Garb Oil & Power Corporation

September 24, 2014 08:05 ET

Garb Oil & Power Corporation Announces Its Medical Marijuana Division Progress

LARGO, FL--(Marketwired - Sep 24, 2014) - 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.

During the business trip, Garb's Chief Executive Officer and President also traveled to Utah and met with the founder of Garb Oil & Power Corporation, John Brewer.

Tammy Taylor, company Chief Executive Officer and President stated, "Now that the audit is almost complete, Garb is poised to move past the obstacles it inherited from previous management. I was pleased to meet with Garb's founder and real unity was created between the two of us. Garb's management team has been hard at work and progress reports shall be forthcoming. As always shareholders are of the upmost importance and our team continues in its dedication to bringing real results."

About Garb Oil & Power Corporation
Garb Oil & Power Corporation (PINKSHEETS: GARB) has a long company history in the fast growing industry of waste recycling and specifically related to waste-to-energy. Garb is organized 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. In addition to selling new tires, shredders and related recycling equipment, the Company's emphasis is for its own plants to produce profitable new and "green" solutions for waste-to-energy including the potential use of hemp, alternate energy sources, fuel enhancements, recycle fuel operations that utilize the fuel enhancement products, new equipment technologies that improve energy usage efficiency and utilizing recycled material in producing both useful and desirable products including wood pellets and medical marijuana paraphernalia.

Cautionary Note Regarding Forward-Looking Statements: This press release contains forward-looking statements. These statements are based on current expectations and assumptions regarding future events and business performance and involve known and unknown risks, uncertainties and other factors that may cause industry trends or actual Company results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these statements. Although the Company believes that expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. All who read this press release should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release.

Contact Information

  • Company Investor Relations Contact:
    Garb Oil & Power Corporation
    Telephone: 888-573-6622, Ext. 1

    Investor Relations Firm Contact:
    Pacific Equity Alliance LLC
    Zachary R. Logan / Drew S. Phillips
    Telephone: 858-886-7237