Green EnviroTech Holdings Announces Milestones Events for the Last Two Quarters of 2013.
2013年9月9日 - 10:00PM
Green EnviroTech Holdings Corp. (OTC QB: GETH) is pleased to
announces several milestone events for the company. A link is
provided for the complete release.
CEO Gary De Laurentiis stated, "We are pleased to announce that
the Company is in the final stages, after four years of research
and development, of obtaining all permits that will allow us to
build our first plant. This will enable us to showcase the
technology and demonstrate that we can produce the quality oil we
set out to produce and deliver to ConocoPhillips (NYSE: COP). We
believe that once the demonstration plant operates the cost of
capital and our ability to leverage the equipment financing will be
favorable to the company and shareholders.
The company has agreed to the finalized terms to
purchase a 12,600 sq. ft. building. The demonstration plant site
has nearly completed all necessary steps to secure the permits with
the city and the regional air board.
To secure financing for the first plant, GETH has
been working with several finance groups in California and New
York. A term sheet has been delivered for $12MM loan, interest only
for 2 years based on the completion of their due diligence. This
financing would allow GETH to build their first multi system plant
in California after the start up of the demonstration plant.
A more in-depth description and pictures of the current
milestones that have been occurring at GETH can be found at:
http://bit.ly/17J7ZWp and/or
http://greenenvirotech.com/wp-content/uploads/2013/09/geth-milestones-20130909.pdf
About: Green EnviroTech Holdings Corp.
Green EnviroTech Holdings (GETH) is an innovative technology
company with a patent pending for recycling tires and mixed
plastics back into high grade oil, suitable for blending into most
products produced at a refinery. http://www.greenenvirotech.com
The GETH Process to convert plastic and tires to oil uses
electromagnetic pyrolysis to produce GETH Oil, carbon black,
syngas, and steel. The use of electromagnetic pyrolysis facilitates
faster processing while preventing the negative environmental
impact commonly associated with the process. A standard twelve
system plant, utilizing six systems for plastic and six systems for
tire conversion, produces approximately 25,000 barrels of oil per
month. The company, headquartered in Oakdale, California, was
founded in 2008 by Gary De Laurentiis, an industry veteran and
award winning plastic recycling process designer.
Media services by: Vitello Capital Ltd and 18KT.tv LLC
Safe Harbor Statement:
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.
CONTACT: Jens Dalsgaard, President
Constellation Asset Advisors, Inc.
Incline Village, Lake Tahoe, NV 89450
(775) 771-5808 office
www.ConstellationAA.com
Green Envirotech (CE) (USOTC:GETH)
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Green Envirotech (CE) (USOTC:GETH)
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から 12 2023 まで 12 2024