SALT LAKE CITY, Sept 14, 2011 /PRNewswire/ -- Garb Oil & Power Corporation (OTCQB: GARB.PINK) announced today that it has entered into an investor relations agreement with PSP Venture, Inc. to provide comprehensive investor relations services on behalf of Garb. Garb has experienced sharp increases in investor and press queries necessitating the addition of a full time presence to process its investor's needs.
"There is quite a bit of attention given to the solid partnerships we have penned over the past few months," said John Rossi, President and CEO of Garb. "We went from a few inquiries a month to several per day. We have always provided transparency to our investors, and this is our next step in ensuring that it continues to be part of our mission. This will be a non-dilutive engagement, where PSP Venture Inc. will take on a substantial part of the initial expenses and Garb will contribute only a nominal fee."
Platon Petratos, CEO of PSP Venture, Inc., will head up Garb's investor relations desk. "Investors are essential to the success of GARB," said Petratos. "There's a lot of interest in what's going on with what I can only describe as a sleeping giant. People are starting to see the alignment that is taking place as the various joint ventures progress. It's important to provide a resource that will give investors a place to get their questions and concerns answered." Petratos added, "Effective immediately, we will start taking investor queries at our Gulfport, MS office." PSP Venture's investor hotline is available M-F from 9:00 AM to 11:00 PM EST and can be contacted at (850)396-8580.
Garb Oil & Power Corporation is dedicated to the application of the ClosedCycle™ principle and NoWaste™ residue. Our plants for Rubber Recycling, E-Waste and E-Scrap Recycling, Waste to Energy and OTR processing plants are all developed with these principles in mind. Garb believes that processing waste should be economically viable and leave NoWaste™. It is our endeavor to build plants that continue to push the boundaries for the attainment of the ClosedCycle™ principles and a world with NoWaste™. You can watch our technology in action on the following link http://www.youtube.com/watch?v=dVbZ9SqAYfU
About: PSP Venture, Inc.
PSP Venture, Inc. is full-service public relations, marketing, branding, and consulting agency. We bridge the gap between the companies we represent and the investment community through innovative and aggressive marketing programs. PSP Venture, Inc. provides transparent and value-driven investment and business solutions which deliver maximum value for our clients. For more information, visit http://www.pspventure.com or join our investor public forum on Yahoo http://finance.groups.yahoo.com/group/WealthyPenny/
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Statements contained in this document that are not historical fact, are forward-looking statements based upon management's current expectations. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The results anticipated by any or all of these forward-looking statements may not occur. Garb Oil & Power Corporation is not required to update its forward-looking statements.
SOURCE Garb Oil & Power Corporation