Garb Oil & Power Corporation Shareholder Update

SALT LAKE CITY, Jan. 5, 2012 /PRNewswire/ -- Garb Oil & Power Corporation (USOTC: GARB) announces the cancellation of the GARB-USRI Partnership:

Garb has cancelled effective immediately the Joint Venture Partnership with USRI. The announcement was not possible before December 31, 2011. Garb and USRI no longer share the same objectives and goals.

We wish USRI all the best in their endeavours. Garb will continue to focus on E-Waste and E-Waste Processing.

ABOUT 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