SOURCE: Green EnviroTech Holdings Corp.

Green EnviroTech Holdings Corp.

May 10, 2011 07:00 ET

Green EnviroTech Holdings Corporation Announces Ticker Symbol Change To "GETH"

NEW YORK, NY--(Marketwire - May 10, 2011) - Green EnviroTech Holdings Corp. (OTCBB: GETH) (formerly WCRM) and its wholly-owned subsidiary, Green EnviroTech Corp., a waste plastics recovery and recycling company, announces today that the Company has been advised that FINRA has received and approved the documentation to announce the symbol change for Green EnviroTech Holdings Corp. This corporate action will take effect at the open of business today, May 10, 2011. The symbol on this date will be GETH.

In addition to reflecting the new symbol, the Company's CUSIP number will be replaced with a new one. "While some may think the ticker symbol change is insignificant, we believe that the change will better reflect the business of Green EnviroTech Holding Corp.," said Gary De Laurentiis, President and CEO of Green EnviroTech Holding Corp.

About Green EnviroTech Corp.

Green EnviroTech Corp. is a plastics recycling and recovery company which removes contaminants from end-of-life automotive vehicles and processes them to produce compounded plastic resin and light, sweet crude oil as end products. Its unique patented process significantly reduces the amount of shredder residue going to landfills by up to 40 percent, creating considerable cost savings for metal recyclers while also dramatically reducing environmental damage caused by landfill pollution. 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, thereby creating a sustainable and high margin business model. A valuable by-product of the Green EnviroTech process is commercial grade light, sweet crude oil that will also be sold to industry at market prices. For more information please visit www.greenenvirotech.com

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