The sale is part of Deep Green's ongoing efforts to optimize operations and concentrate on its core competencies in environmental safety, analysis, testing, remediation, and abatement services. The divested assets encompass equipment, customer contracts, intellectual property, and leases associated with the waste hauling business operated by DEEP GREEN’S subsidiary situated in
"As we continue to execute on our strategy to be a leading, vertically integrated provider of sustainable waste, recycling and remediation services, this divestiture allows us to redeploy resources to higher growth opportunities aligned with our long-term vision," said
For more information, please refer to the Form 8-K filed by Deep Green with the
About
About
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many 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 we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
For information, please contact:
260 Edwards Plz, #21266
Phone: (912) 254-7889
Email: Investor@DeepGreenWaste.com
Source:
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