Garb Oil & Power Corporation Announces Debt Reduction in Excess of $3,000,000
Wednesday May 26, 2010, 10:40 am
SALT LAKE CITY, May 26, 2010 (GLOBE NEWSWIRE) -- Garb Oil & Power Corporation (OTCQB:GARB) http://www.garbop.com/ announces debt reduction in excess of $3,000,000.
John Rossi, President and CEO of Garb Oil & Power Corp, states, "this reduction is in line with our strategy of reducing our past debt and preparing Garb to deal with the new challenges ahead."
Green Technology and Commercial Custom Growth Seen as Key for Expansion
ORLANDO, Fla., May 24, 2010 (GLOBE NEWSWIRE) -- Freedom Environmental Services (Pink Sheets:FRDM) announced today its first quarter revenue for 2010 had increased 346% over last year. Freedom reported approximately $103,000 in the first quarter of 2010 versus approximately $30,000 in previous year's revenue.
Freedom Estimates 30,000 Gallons of Grease Collected From Existing Commercial Clients Per Month to be Sold to Processing Facilities at $1.75 Per Gallon
Wednesday May 19, 2010, 8:00 am EDT
ORLANDO, Fla., May 19, 2010 (GLOBE NEWSWIRE) -- Freedom Environmental Services (Pink Sheets:FRDM) announced today its biofuel consultant, Homestead Inc. has developed a business plan for initiating a biofuel revenue stream for the company. Freedom anticipates collecting 30,000 gallons of grease per month initially, which will then be shipped to existing processing facilities across the country to be turned into biofuel and resold. Freedom expects to receive $1.75 per gallon for the grease it collects from existing commercial clients.
Company Foresees Strong 2010 Supported by Expanding Commercial Business
Tuesday May 11, 2010, 8:00 am EDT
ORLANDO, Fla., May 11, 2010 (GLOBE NEWSWIRE) -- Freedom Environmental Services (Pink Sheets:FRDM) announced today that it has reduced its operating expenses by 41% year-over-year in period ending December 31, 2009 as reported in the Company's 10K filed Friday, May 7, 2010. Revenues for the Company remained constant during the same period at $283,000.
Central Florida Area has One Million Homes on Septic Systems and is a Target Market for Septi-Free Septic Treatment System
Friday April 30, 2010, 8:00 am EDT
ORLANDO, Fla., April 30, 2010 (GLOBE NEWSWIRE) -- Freedom Environmental Services (OTC:FRDM) announced today that it has targeted Central Florida's one million homes on septic systems as its initial target market for Septi-Free, a septic system additive that is biodegradable and environmentally safe. Septi-Free is an antimicrobial treatment for septic systems, adding good bacteria to the system that keeps it running efficiently.
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