SOURCE: Garb Oil & Power Corporation

Garb Oil & Power Corporation

March 05, 2014 08:00 ET

Garb Oil & Power Corporation Announces Retaining the Investment Banking Firm Street Capital to Assist the Company in Primarily Asset Acquisition Funding

LARGO, FL--(Marketwired - Mar 5, 2014) - 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.

Tammy Taylor, company Chief Executive Officer and President stated "The Company's retaining of Street Capital completes our primary corporate team of public company professionals required to assist the current Company Management in moving the Company forward. With this accomplishment, along with other corporate operational activities including last Thursday's disclosed Collaborative Effort with Shredderhotline.com Company1, we believe we will be able to complete the reorganization portion of our new business plan for the Company."

In addition, as a corporate update, the Company is preparing to begin the audit process for the Company to once again return to fully reporting.

About Street Capital
Street Capital is a privately owned, cutting edge investment banking firm concentrating on providing unique and creative financial solutions to promising public companies. Their services consist of capital raising, strategic advisory, due diligence and private securities sales. They have specialized in funding small and micro-cap companies since 2001. Street Capital's web site address is www.scapital.com.

About Garb Oil & Power Corporation
Garb Oil & Power Corporation, OTCPink: 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.

1 OTC Pink: GARB, Publish Date February 27, 2014, Annual Report, For the Two Years Ending December 31, 2013 and 2012, Notes to Consolidated Financial Statements, Note -11 Subsequent Events.

Contact Information

  • Investor Relations Contact:
    Garb Oil & Power Corporation
    info@garbreorg.com
    Telephone: 888-573-6622, Ext. 1