ORLANDO, Fla., Sept. 6,2011 /PRNewswire/ -- GDT Tek (OTC: GDTK) announced today that the company's webinar available to view on its website www.gdttek.com. GDT Tek president, Bo Linton gave an overview the company's accomplishment, its direction, and answer shareholders questions.
GDT Tek's President, Bo Linton, commented. "The webinar format provides us the opportunity to answer shareholder questions in an open forum and make those answers available to our shareholders and investing public. We were surprised to have received as many questions that we did and were impressed at the quality of the questions. Of course we did receive many duplicate questions but the one that we received the most of is the question about the potential of the Company doing a reverse stock split, and this is one of several that I respond to in the Webinar."
Mr. Linton further stated, "With our equipment coming on line soon and initial deployment of equipment at all of our current PPA sites, we may do webinar's more often in order to keep our shareholders better informed. Also all question not responded to in the Webinar were posted on our new FAQ tab on our website. I would also like to say that the company must and will look out for the best interest of the shareholders."
About GDT Tek
GDT Tek, Inc. is an Orlando, 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. Professor Robert W. Dibble of the University of California at Berkeley assessed the GDT Tek system and stated that "Of the many technologies that I have evaluated over the course of the past several decades, GDT Tek's heat to power conversion solution has proven to be the most reliable, versatile, efficient, lowest emissions, and overall cost-effective solution available in today's changing world market."
RTR Global Investments, LLC is a wholly owned subsidiary of GDT Tek, Inc. It holds projects, contracts, and power purchase agreements for its parent company GDT Tek, Inc.
Steriwave-GDT Tek LTD is a JV company with Steriwave Hungary LTD and is 50% owned subsidiary of GDT Tek. Steriwave-GDT Tek holds the ownership of the American Canyon Landfill project and has filed a patent application for a system that safely removes and captures methane hydrates from undersea reserves.
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.
Safe Harbor Statement: This release includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as GDTK or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
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SOURCE GDT Tek, Inc.