Garb Oil and Power Corp (GARB)

[seeclear]

'stockserious' ...Garb (OTCBB: GARB) Update to Shareholders
Date : 09/28/2010 @ 10:00AM

Garb has actively reduced its debt by over $3,500,000 in the last 9 months by converting a large portion of its loans into Preferred Shares

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Garb is actively involved in fund raising for its plants and will communicate an update to shareholders on this matter within the next 8 weeks.

I would be waiting on this update to assess *the potential risks* from convertibles out there and to see how they intend to fund themselves for the next year...SC