SOURCE: Green EnviroTech Holdings, Inc.

Green EnviroTech Holdings, Inc.

October 04, 2016 09:00 ET

Green EnviroTech Holdings, Inc. Announces Conversion of $144,845 of Aged Debt at $0.50 per Share

JAMESTOWN, CA--(Marketwired - Oct 4, 2016) - Green EnviroTech Holdings, Inc. (OTC PINK: GETH) is pleased to announce that the company has entered into agreements to convert $144,845 of aged debt into common stock at a stock conversion price of $0.50 per share. 

As GETH Chairman and CEO, Gary De Laurentiis explains, "This exchange is a demonstration of confidence from our creditors in the future direction of the company. We are grateful for their support and patience over the years; we have been working to perfect our technology and business model, and we look forward to sharing the benefits of our success with them in the future."

Forward -Looking Statements
GETH cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.

About GreenEnviroTech Holdings
GreenEnviroTech Holdings, Inc. (GETH) is a pioneer in sustainable economic development. Our mission is to find practical, economical solutions that will clean up the environment. Our technologies will convert waste into valuable products and help to protect the planet.

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