Green EnviroTech Management Team And Four Major Investment Groups Attend Equipment Manufacturer/Capitol Partner Demonstration...
15 Mai 2014 - 1:15PM
Green EnviroTech Holdings Corp.
(OTCQB: GETH) CEO
Gary De Laurentiis and COO Lou Perches visited the Chinese
gasification manufacturer/partner who assembled a system for
demonstration purposes for its investor groups. The presence of
these groups marked extraordinary strides toward company goals in
the areas of funding and client relations. These groups had
requested a "due diligence" demonstration of the plant and all of
its processes. The trip was structured for the demonstration to
take place over the course of one week, with a different group
visiting each day. This allowed for the management team to exhibit
their operational processes and help each group grasp a better
understanding of our breakthrough technology.
Gary De Laurentiis stated: "We made a trip to visit the
manufacturer's production plant in February of this year. We met
with the manufacturer's executive management team and discussed
several strategic business opportunities. During our weeks visit,
the manufacturer provided a demonstration of the process utilizing
both plastic and tires to investors from the UK and China. The
system operated for six days, for 24 hours a day. We had our
approved certificated lab "Intertek" present at the plant to
observe the process. Two of the groups who visited for final due
diligence were Black Lion Oil LTD and Coast Northwest. The
conducting of the demonstration was vital for the finalizing of our
future business ventures. It was a very successful trip for all
parties involved."
De Laurentiis added: "From this trip the UK group has completed
their due diligence and is now on a fast track to a final agreement
with us. Additionally, the four groups from China generated a great
degree of interest in our environmentally friendly technology. We
anticipate receiving MOU/Letters of Intent from the four Chinese
groups."
Having our certified lab Intertek present for this demonstration
proved key in our validation of the oil test results received from
the plastics and tires. They were able to secure chain of custody
and provide the investment groups with data collection for their
review and reference."
About: Green EnviroTech Holdings Corp.
Green EnviroTech Holdings (GETH) is a green innovative
technology company with a patent pending process for recycling
waste tires and mixed plastics back into high-grade oil, suitable
for blending into most products produced at a refinery. GETH Oil
conversion technology converts plastic and tires to oil using
electromagnetic induction pyrolysis and produces oil, carbon black,
syngas, and steel. The use of electromagnetic induction pyrolysis
facilitates a faster and stable process while causing essentially
no environmental impact.
For further information about the Company, visit
www.greenenvirotech.comand/or email info@greenenvirotech.com.
About: Coast Northwest Management, LLC (COAST)
COAST was founded in 1981 (form of entity revised in 1998) and
has provided private investment banking and executive management
services to a wide range of businesses from emerging and growth
stage operating companies to major established companies. COAST and
its associates have developed operating alliances with a network of
diverse professionals in the domestic and international markets and
draws from such network to serve its clients.
Media services by: Vitello Capital Ltd and S.T.A.T.Group
LLC
Safe Harbor Statement:
GETH cautions that statements made in press releases constitute
forward-looking statements, and makes no guarantees of future
performances and actual results/developments may differ materially
from projections in forward-looking statements. Forward-looking
statements are based on estimates and opinions of management at the
time statements are made.
CONTACT: EraStar, Inc.
Steffan Dalsgaard, President
Las Vegas World Headquarters
Las Vegas, NV 89141
(702) 480-9800 office
Green Envirotech (CE) (USOTC:GETH)
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