Greenbelt Resources Corp (GRCO)

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HUGE NEWS JUST HIT THE WIRES!

http://www.otcmarkets.com/stock/GRCO/news/Greenbelt-Resources-Announces--POM-Wonderful-Extends-Feedstock-Testing-Contract?id=120740&b=y

Greenbelt Resources Announces: POM Wonderful Extends Feedstock Testing Contract

Dec 03, 2015
OTC Disclosure & News Service

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POM Wonderful®, the largest grower and producer of fresh pomegranates and pomegranate juice in the United States, has extended its feedstock testing contract with Greenbelt Resources Corporation (OTC: GRCO), an award winning provider of sustainable energy production systems. Two months ago, Greenbelt Resources announced that results from separate testing on two distinct feedstocks successfully demonstrated their viability for value generating conversion by a Greenbelt system into fuel, filtered water and other valuable co-products. Pomegranate husk waste from POM Wonderful juicing operations is one of these viable feedstocks.

POM Wonderful recently commenced the next level of Greenbelt Resources feedstock testing service: Commercial-Scale Feedstock Testing (CSFT). CSFT entails running several truckload-sized batches to test multiple variables and their myriad impacts on process efficiency. The purpose of CSFT is to obtain data necessary for designing a specific system for a specific scenario in a specific location. The goal is to generate data from which an efficient system can be designed and its cost estimated.

“Based on preliminary testing results, our calculations predict a likely ten-fold to possibly more than twenty-fold increase in per-ton-value of POM’s pomegranate husks through the integration of a Greenbelt system,” said Floyd Butterfield, CTO of Greenbelt Resources. “Our Solution has the potential benefit of being both sustainable and revenue generating.”

Darren Eng, CEO of Greenbelt Resources, added, “POM Wonderful is a world class operation and a market leader with an ideal waste stream for use as a feedstock. Their commitment to the testing process and basing decisions on sound science, allows us to explore system tweaks designed to maximize value.”

Greenbelt Resources launched their commercial-scale feedstock testing service as a confidential service earlier this year. Following the announcement, the company received an invitation to compete as finalist in the Food Waste Startup Challenge at the Global Sustainability Summit attended by the CSOs of top food industry companies.