Garb Oil and Power Corp (GARB)

[Franky-vincent]

So what do u thin they re gonna do?
Their business is still running i think...

"Garb plans to grow its research and development budget to 8% of its revenue during 2016. "

The Company’s current executive offices are located at 1185 Gooden Xing, Bldg. C, Largo, FL under a lease to purchase agreement. The offices and warehouse consist of approximately 16,838 square feet. The purchase of the entire 55,785 square foot offices and warehouses space is expected to occur during the third quarter of 2016.

Current management of the Company is pursuing avenues of generating cash or revenues during the next twelve months. The Company is pursuing sales of new/retread truck tires and commercial waste shredders and is developing waste-to-energy and biomass alternate fuels. The first product being developed is recovered rubber in producing retread tires and as an alternate fuel source in the generation of electric power. The Company continues to pursue financing to build and operate its own manufacturing plants. We believe that our current Company personnel and advisors have the necessary industry expertise and marketing skills to implement our current business model.