GEC Announces $1.5 Million Funding for Company Projects
16 August 2011 - 11:11PM
Marketwired
Global Ecology Corporation (GEC), (OTCQB: GLEC) announced today
that it has received an initial draw as part of a $1,500,000
funding from an investment partnership that will enable the company
to expedite the completion of current development projects.
These projects include three Alabama organic fertilizer-blending
centers and the expansion of its existing Florida soil amendment
locations. The funding will also help expedite the completion of
the U. S. government registration for its IMS1000 chemical products
and related water-cooling tower efficacy testing.
Additionally, the company will now have the means to invest more
capital in the development and execution of its product lines and
its marketing and distribution strategies.
GEC President Peter Ubaldi said, "This important investment is
the first of several significant developments focusing on domestic
market expansion that we expect to announce in the coming weeks and
months. We look forward to proving additional details."
Please visit the company's website for more information:
www.geco.us.
Investors may contact President & CEO Peter Ubaldi at
973-655-9001 or Frank Hawkins, Hawk Associates, at 305-451-1888,
e-mail: global.ecology@hawkassociates.com. To receive future
releases in e-mail alerts, sign up at
http://www.hawkassociates.com/about/alert.
This news release includes forward-looking statements regarding,
among other things, the company's business and financial plans,
strategies and prospects. Although the company believes that its
plans, intentions and expectations reflected in or suggested by
these forward-looking statements are reasonable, it cannot provide
assurance that it will achieve or realize these plans, intentions
or expectations. Many of the forward-looking statements contained
in this news release may be identified by the use of
forward-looking words such as: believe, expect, anticipate, should,
planned, will, may, intend, estimated, and potential, among others.
Important factors that could cause actual results to differ
materially from the forward-looking statements made in this news
release include market conditions and those set forth in any
reports or documents that the company may publicly file from time
to time.
Contact: Peter Ubaldi President & CEO 973-655-9001 Frank
Hawkins Hawk Associates 305-451-1888 e-mail:
global.ecology@hawkassociates.com
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