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Garb Oil & Power Corp.: September Conference Call Questions


News provided by

Garb Oil & Power Corporation

Sep 26, 2011, 10:00 ET

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SALT LAKE CITY, Sept. 26, 2011 /PRNewswire/ -- Garb Oil & Power Corporation (USOTC: GARB).

Our next conference call is set for Thursday September 29, 2011 at 4:15 pm Eastern Time.

Interested participants should call in to listen: PHONE: 218-339-3600 - Conference code: 767741#

These are the questions you have asked and we will answer all of them at the conference call.

1.

Does the company have plans to change their name? GARB Oil and Power does not quite fit the company's current objectives.

2.

What is the status of the current funding from the EB-5 program? Historically, what is the likelihood of all submissions being accepted and funded?

3.

Will there be any franchising?

4.

What is the time line funding to completion of projects?

5.

Does GARB plan to lease the property they are using for their plants, or purchase the property outright? If purchasing, does the company plan to finance the property through notes or raise cash for the purchase?

6.

Turnaround time from equipment order to installation?

7.

What will be the total share count after all the dilution is done?

8.

What is GARBs strategy to sell the scrap created in their plants? Selling as raw materials to manufacturers or other strategies to achieve an amount closer to retail?

9.

What is the current debt load?

10.

GARB have any plans to work with municipalities, counties that own dumps to perhaps go into dumps and retrieve computers etc. already in dumps?

11.

Is the same group funding all 7 plants and are all EB-5 investors currently in process?

12.

Is the 20m in Plant funding still in place?



12b And if so, what is the time line to receive the funding?

13.

Will there be an acquisition and can we expect revenue this year?

14.

When should we expect the stock to go up?

15.

What options to finance current operations has GARB explored outside of dilution?

16.

What is the current status of operations in Europe?

17.

When should we expect to be current in our Filings?

18.

Does the company plan to attend and present at small and microcap conferences to achieve increased visibility and find solid investors?

19.

What is their relationship with Waste Management?

Interested participants should call in to listen:

218-339-3600

Conference code: 767741#

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

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