Garb Oil & Power Corp. Announces Shareholder Open Conference Call Friday, March 2nd at 4:15pm

SALT LAKE CITY, Feb. 22, 2012 /PRNewswire/ -- Garb Oil & Power Corporation (USOTC: GARB). Garb announces shareholder open conference call to be held on Friday, March 2nd at 4:15pm EST to Discuss Ohio E-waste Recycling Plant.

Please call in at:
218-339-3600
Conference code: 767741#

The agenda for the meeting will be as follows:

• Current status of the Ohio E-waste recycling project
• Projected time-line of plant construction
• Projected annual revenues anticipated
• Funding and partnerships.  Status on the $20 million line of credit available to GARB.

Additionally, CEO John Rossi will address the following initiatives pertinent to GARB shareholders:

• Reduction of authorized shares from 50,000,000,000 to 6,000,000,000 common shares
• The elimination of the Class C preferred stock
• The elimination of Class B preferred stock and the conversion of said shares into Garb common stock at the current assigned value of conversion
• To reduce Class A preferred stock voting and conversion powers
• Dilution
• To discuss filing results and or issues

"This has been a very busy and productive several months at Garb," stated John Rossi.  "I am excited to share the fruits of our last several months of labor with shareholders.  At Garb we have been breaking new ground by laying the groundwork for the implementation of our proven E-waste recycling technologies here in the USA.  In the midst of this tremendous pioneering effort, I am most eager to take this time to shed light on all our progress and to help refine the focus on our various strategic objectives.  Our efforts have been well received by both civic leaders and future customers.  The market timing is truly ripe for Garb."

You can watch our technology in action on the following link http://www.youtube.com/watch?v=dVbZ9SqAYfU

Garb Oil & Power Corporation is dedicated to the application of ClosedCycle(TM) principle and NoWaste(TM) residue. Our plants for Rubber Recycling, E-Waste and E-Scrap Recycling, Waste to Energy and OTR processing are all developed with these principles in mind. Garb believes that processing waste should be economically viable and leave NoWaste(TM). It is our endeavor to build plants that continue to push the boundaries for the attainment of the ClosedCycle(TM) principles and a world with NoWaste(TM).

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.

Garb Oil & Power Corporation
+1-801-738-1355 Office
John Rossi President & CEO
Email: [email protected]
Websites: www.garbop.com

SOURCE Garb Oil & Power Corporation