GDT TEK and Green USA Recycling Agree to Bond Offering
LARGO, Fla., Feb. 13, 2013 /PRNewswire/ -- GDT Tek, Inc., (OTC: GDTK) a company focused on renewable and sustainable energy technologies announced today that GDT TEK, Inc., and Green USA Recycling Corp., agree to a Bond offering for investment into Green USA. The amount of the offering and terms and conditions are to be determined.
Bo Linton President of GDT TEK, Inc. stated, "Packaging GDT Tek with Green USA as a bond opportunity makes sense for us both. We are being contacted from around the globe by interested parties for our combined technologies for energy producing green landfills."
Don Willis President of Green USA Recycling Corp., stated "Strategic relationships are critical as we strive to provide complete system solutions to our customers. Our goal is not only a 100% recycling rate, it is a 100% solution to waste handling in its entirety. That means recycling for re-use, recycling to energy, and getting the most out of the energy conversion process. Squeezing every Btu out of waste heat and converting that heat to energy is critical in creating the most efficient generation system possible. The alliance we have developed with GDT Tek is paramount to that purpose."
About Green USA Recycling Corp.: an Indiana, based private company (GUSAR) focused on single stream waste recycling technologies and waste to energy technologies. The company recycles waste products to RDF Pellets, Organic Fertilizer, Electricity, and many other products and is driving its adoption by power plants and other waste-heat generating industries.
Green USA Recycling is a Zero Landfill recycler. 100% of the material we receive is recycled for re-use or recycled into energy. Our waste recycling facility will be truly single stream as we take unsorted refuse straight from the waste collection truck and sort that material into recyclable goods. No pre-sorting or curbside programs are necessary. That statement means a great deal to us and is one we are very proud of being able to claim. The average landfills generate 6 million gallons of contaminated groundwater each and every year. With over 50,000 open and closed landfills in the U.S. that means we generate 300 billion gallons of contaminated water each year. That is the U.S alone. The amount of contaminated groundwater created all over the world is staggering. Whether it is an old landfill and the contaminated rainwater seeps directly into our groundwater, or it is a modern landfill and the rainwater is collected and sent to a treatment plant, the result is the same. Contaminated water enters into our water stream. Some will tell you that landfills are safe because they are lined to prevent seepage of contaminated water into our groundwater supply. Don't believe it. Even the liner manufacturers will tell you that liners have a limited lifespan. Liners get punctured by the material in a landfill. Liners degrade and weaken over time. Eventually all liners fail. When they do, the contaminated rainwater they are designed to catch seeps into our groundwater the same as unlined landfills. Lining of a landfill just puts off the problem to a future generation.
Green USA Recycling Corp., website is http://www.greenusarecycling.com/
About GDT Tek, Inc.: is a Florida-based publicly traded company (OTC: GDTK) focused on renewable and sustainable energy technologies. The company has licensed patented waste heat to electric power generation technology and is driving its adoption by power plants, landfills and other waste-heat generating industries. GDT Tek's waste heat to electricity systems are powerful enough to serve as a primary energy source, highly efficient, immediately cash-flow positive when installed under a Power Purchase Agreement and are scalable with system sizes from 150 KW/Hr to 5000 KW/Hr currently available. The GDT Tek system has been proven through a long-term five year installation at a San Jose, California-area landfill. Waste heat captured from landfill-generated methane gas generator engine exhaust and radiator jacket coolant systems is used by the GDT Tek system to generate electricity which is then sold to the grid.
RTR Global Investments, LLC is a wholly owned subsidiary of GDT Tek, Inc. Its holds projects, contracts, and power purchase agreements for its parent company GDT Tek, Inc.
GDT Tek, Inc.'s website is www.gdttek.com, which is in the process of being updated; please sign up for our newsletter (http://www.gdttek.com/info-signup.php) for future information about the company.
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SOURCE GDT Tek, Inc.