Recycle Tech Signs Binding LOI to Build Up To 50 'Haiti Relief' Units in Port de Paix
Each Unit to House 12, Project Will House 600 Haitians
MIAMI, Feb. 23 /PRNewswire-FirstCall/ -- Recycle Tech, Inc., trading under the symbol (OTC Bulletin Board: RCYT) is pleased to announce that a letter of intent has been signed to fund all materials and labor to build up to 50 "Haiti Relief" units in Port de Paix. The 20ft, emergency multiple person shelters can be occupied by 12 persons and have already surpassed Florida Building code standards including wind resistance and seismic testing. Recycle Tech will provide architecture, site, floor, elevation and design plans as well as coordinate and oversee the complete construction operation from Miami to Haiti.
Recycle Tech, Inc., http://recycletechinc.com, now will manufacture and deliver premium eco-friendly Container Homes, as well as LEED Certified Green Homes, Communities, Buildings, and City Structures across the world. The company believes that these flexible structures and developments, combined with a very affordable pricing structure, will decrease pollution, reduce waste materials, and increase the overall quality of life for millions of homeless and/or those in the low-income housing bracket, in addition to meeting the demands of eco-friendly mid tier and up-scale buyers.
Safe Harbor
This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Recycle Tech, Inc. claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to: our successful integration of diversified growth companies, impact of the company's expansion plan, and new business development success, future financial results, development and acquisition of new product lines and services, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties. The forward-looking statements contained herein involve risks and uncertainties that could cause actual results to differ materially from the expectations contained in any such forward-looking statements. These risks include, but are not limited to: failure to manage operating expenses or integrate new companies and/or technologies, each of which could have a material impact on our business, our financial results, and the company's stock price. Most of these factors are difficult to predict accurately and are generally beyond the Company's control. Forward-looking statements speak only as to the date they are made and Recycle Tech, Inc. does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
URL: http://recycletechinc.com
SOURCE Recycle Tech, Inc.
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