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Re: riverandfold post# 26

Tuesday, 02/23/2010 10:42:48 AM

Tuesday, February 23, 2010 10:42:48 AM

Post# of 944
OS has to be close to 50 million from reading the 8-k out yesterday. It says

On February 16, 2010, Belmont Partners, LLC., Green Building & Engineering Contractors, LLC (“GBEC”) and the Recycle Tech, Inc. (the “Company”) entered into a Stock Purchase Agreement through which Belmont sold to GBEC 23,669,490 shares of the Company’s common stock for $251,811. As a result of the transaction GBEC owns approximately 48% of the outstanding shares of common stock of the Company. In addition, the Company agreed to issue three percent (3%) of the Company’s outstanding common stock to Belmont upon the completion of a contemplated merger transaction.


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