Well good morning traders .....We promised news from GETH and guess what the PR fairy delivered fro all of us last evening ? Can you guess ? That's correct NEWS !!!
This is not by any means an announcement of aquisition or of a buyout but it is big in the sense that when a company is about to really start announcing huge news they want to make certain that their web-site is top notch and professional . Most often the company's website is the first impression the investor has of the company . So if the site looks bad and has no content most investors will move and forget about the company .
It is our opinion that GETH is up to something big and that these cheap shares will not be here much longer ....I have posted today's PR below and also the PR announcement from 9/19/11
Do not miss out on GETH....Happy Trading and always take profits when you can while using a stop/loss order system....
Green EnviroTech Holdings, Corp. (GETH.PK) Launches an Updated In-Depth Website
Press Release Source: Green EnviroTech Holdings, Corp. On Tuesday September 27, 2011, 7:40 am EDT
RIVERBANK, CA--(Marketwire -09/27/11)- The company (Pinksheets: GETHE.OB - News) announced today the release of its redesigned website www.greenenvirotech.com to the World Wide Web. The website features expanded content and additional detailed information regarding the company's future plans in the USA and Asia. The redesign also incorporates GETH's mission statement and each subsidiary's business model.
CEO Gary De Laurentiis said, "The site will provide the public with a compressive understanding of our mission and the significant opportunities that lay ahead for GETH."
The new features of the site include details of the company's technology platform in an easy to understand format, featuring how the company integrates different technologies with several strategic partners. The site also has links to the strategic partner's websites.
Detailed in the site are plans for the company's two proposed plants in California and Wisconsin that will produce crude oil and plastic resin. There is also a link to the newly acquired Magic Bright Limited website.
De Laurentiis added, "The purpose of the updated site is to help the public understand that we are not just another recycling company. Our goal is to divert waste streams that traditionally go to landfills and make Trash to Cash."
Please visit us at www.greenenvirotech.com
Safe Harbor Statement:
This press release contains forward-looking statements. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words, such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. For a discussion of these and further risks and uncertainties, please see our filings with the Securities and Exchange Commission. We file annual, quarterly and special reports, proxy statements and other information with the SEC. You may read and copy any reports, statements or other information that we file at the SEC's public reference room at 100 F Street, N.E., Washington, D.C., 20549. Please call the SEC at 1-800-SEC-0330 for further information on the public reference room. Our public filings with the SEC also are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.
GETHE Is Reaching Milestones as Follows
Press Release Source: Green EnviroTech Holdings On Monday September 19, 2011, 1:16 pm EDT
NEW YORK, NY--(Marketwire -09/19/11)- Green EnviroTech Holdings Corp. (www.greenenvirotech.com) (OTC.BB: GETHE.OB- News) and its wholly-owned subsidiary, Green EnviroTech Corp., a waste plastics recovery, separation, cleaning, and recycling company, today released a statement from CEO and Chairman Gary M. De Laurentiis commenting on his positive outlook on the Company's progress.
"The company has made significant progress with Magic Bright, a plastic commodity broker based in Hong Kong which is now a wholly owned subsidiary of Green EnviroTech. In addition to providing the Company with a profitable, revenue generating subsidiary, this acquisition will also provide distribution outlets in Asia.
"Our next anticipated milestone is the opening of our plant in Riverbank, California. Once completed, the plant will process agricultural plastic film and produce sweet crude oil that would be sold through our contract with Agilyx. The City of Riverbank is offering employment grants and has introduced sources for State loans and CPCA bonds.
"Our planned Sheboygan, Wisconsin plant is our next area of focus. Once opened and operational, this plant will utilize our licensed technologies and will produce mainly recycled plastic, known as 'TPO,' along with sweet crude oil. The oil will be sold to Agilyx through its contract as per the Riverbank plant. The main plastic product, TPO, will be sold to Ravago who has entered into a letter of intent with the Company to process the recovered TPO from the plant and market it through their various sales channels. Again, this is a major milestone for the Company to be able to work with a global plastics company like Ravago (www.ravago.com)," stated CEO and Chairman Gary M. De Laurentiis.
GETHE will make best efforts to file its quarterly report with the Securities and Exchange Commission before the end of September.
ABOUT GREEN ENVIROTECH HOLDINGS CORP.
Green EnviroTech Holdings Corp. is a plastics recovery and recycling company which removes contaminants from recovered plastic recaptured from end of life automotive vehicles shredded for their metal. Green EnviroTech Holdings Corp. processes this recovered plastic to produce compounded plastic resin and light sweet crude oil as end products. Its unique patented process significantly reduces the amount of shredder residue going to landfills by up to 40 percent creating considerable cost savings for metal recyclers while also dramatically reducing the volume of materials going to the landfill. The Company has developed long term strategic partnerships that allow it to receive feedstock at near zero cost and has also leveraged its patented technology to ensure guaranteed sale of 100% of its production output thereby creating a sustainable and high margin business model. A valuable by-product of the Green EnviroTech process is commercial grade, sweet crude oil that will also be sold to industry at market prices. For more information please visitwww.greenenvirotech.com.
Safe Harbor Statement:
This press release contains forward-looking statements. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words, such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. By their nature, Forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. For a discussion of these and further risks and uncertainties, please see our filings with the Securities and Exchange Commission. We file annual, quarterly and special reports, proxy statements and other information with the SEC. You may read and copy any reports, statements or other information that we file at the SEC's public reference room at 100 F Street, N.E., Washington, D.C., 20549. Please call the SEC at 1-800-SEC-0330 for further information on the public reference room. Our public filings with the SEC also are available from commercial document retrieval services and at the Web site maintained by the SEC at http://www.sec.gov.
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