Garb Oil & Power Corporation Update to Shareholders: (OTCQB:GARB)

SALT LAKE CITY, March 17, 2011 /PRNewswire/ -- Garb Oil & Power Corporation ("Garb") (OTCQB: GARB), Garb will shortly undergo a restructuring of its share portfolio and authorized share number.  Garb is considering calling an extraordinary shareholders meeting within the next 4 to 8 weeks to vote on this issue and other important matters.

Garb Oil & Power Corporation is a company 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 plants 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.

SOURCE Garb Oil & Power Corporation