SOURCE: Green EnviroTech Holdings Corp.

Green EnviroTech Holdings Corp.

May 03, 2011 09:00 ET

Green EnviroTech Holdings Corp. Featured on

NEW YORK, NY--(Marketwire - May 3, 2011) - Green EnviroTech Holdings Corp. (OTCBB: GETH) CEO Gary De Laurentiis was recently interviewed on the popular broadcasting website, an online financial news company providing retail and institutional investors with insight into the companies that are making headlines through its unique and entertaining platform. CEO Laurel Moody invited Mr. DeLaurentiis for a one on one interview at their production studio in downtown Manhattan. In the interview, Mr. DeLaurentiis discussed the Company's waste plastics recovery and recycling business plan as well as its recently closed $5 million line of equity to support the build out of the Company's planned plant in Sheboygan, Wisconsin.

Green Envirotech Holdings is in the process of aggressively executing its business plan, which intends to redefine waste plastics recycling and trading in the U.S. The Company has assembled various existing technologies that, once combined into their proprietary "plastextract" platform, would be available to process and recycle the approximate 1.25 million tons of auto and appliance shredder residue that currently pollutes U.S. landfills every year. The end products, that include commercial grade crude oil and TPO plastic, will be reintroduced to commerce and have already been pre-sold via contracts. The end result according to Mr. De Laurentiis is a profitable business model that not only provides significant cost savings to the auto industry but also saves the environment.

To view the interview, please go to and

About Green EnviroTech Corp.

Green EnviroTech Corp. is a large scale plastics recycling and recovery company which removes contaminants from end of life automotive vehicles to produce a compounded plastic resin product. Its unique patented process significantly reduces the amount of shredder residue going to landfills by up to 80 percent, and creates considerable cost savings for metal recyclers and saves the environment in the process. The company has developed long term strategic partnerships that allow it to receive feedstock at near zero cost and has also leveraged its patented technology to ensure guaranteed placement of 100% of its production output. A valuable by product of the Green EnviroTech is commercial grade light, sweet crude oil that will also be sold to industry at market prices. For more information, visit

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