SAINT SIMONS ISLAND

DEEP GREEN Waste & Recycling Reports Record Annual Earnings

Retrieved on: 
Mercredi, avril 24, 2024

Hermitage, Tennessee, April 24, 2024 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling Inc. (OTCQB DGWR), a waste, recycling and remediation services company for commercial customers, today announces exceptional top and bottom-line growth in its financial results for the full year ended December 31, 2023.

Key Points: 
  • Revenues surged by 155 percent to an annual record of $2,682,762 compared to $1,053,612 in 2022 driven by strong organic growth and strategic acquisitions.
  • "I am extremely proud of our team's unwavering commitment to executing our growth strategy which has propelled DEEP GREEN to new heights in 2023," commented Bill Edmonds, CEO of DEEP GREEN.
  • "Achieving over $2.6 million in annual revenue with industry-leading gross margins demonstrates the immense earnings potential of our streamlined, high-quality operations."
  • "2023 was a transformational year for Deep Green as we built a highly profitable foundation capable of sustaining rapid growth," said David Bradford, President of Deep Green Waste and Recycling.

DEEP GREEN Waste & Recycling Shareholder Letter Highlights Exceptional Year

Retrieved on: 
Mardi, avril 2, 2024

Saint Simons Island, GA, April 02, 2024 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling Inc. (OTC: DGWR) is pleased to release the following letter to shareholders which provides details on its recent performance highlights, service offerings and growth strategy going forward.

Key Points: 
  • Saint Simons Island, GA, April 02, 2024 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling Inc. (OTC: DGWR) is pleased to release the following letter to shareholders which provides details on its recent performance highlights, service offerings and growth strategy going forward.
  • I am pleased to share with you the latest developments and achievements of DEEP GREEN Waste & Recycling Inc. over the past two months.
  • This project not only represents the largest single abatement project in the history of DEEP GREEN but also demonstrates our commitment to environmental stewardship and positions our company for accelerated growth.
  • Thank you for your continued support and confidence in DEEP GREEN Waste & Recycling Inc.

DEEP GREEN Completes Asset Sale of Georgia Subsidiary and Strengthens Company Cash Position

Retrieved on: 
Lundi, mars 25, 2024

Saint Simons Island, GA, March 25, 2024 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling Inc. (OTCQB: DGWR) today announced that it has completed the sale of a wholly-owned subsidiary, DG Research Inc, dba AMWASTE, to Amwaste of Georgia, LLC for a purchase price of $175,000.

Key Points: 
  • Saint Simons Island, GA, March 25, 2024 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling Inc. (OTCQB: DGWR) today announced that it has completed the sale of a wholly-owned subsidiary, DG Research Inc, dba AMWASTE, to Amwaste of Georgia, LLC for a purchase price of $175,000.
  • 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 Glynn County, Georgia
    "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 Bill Edmonds, Chairman and CEO of Deep Green.
  • “This will also help DEEP GREEN pursue strategic opportunities to broaden its portfolio of environmental services and expand nationally.”
    For more information, please refer to the Form 8-K filed by Deep Green with the Securities and Exchange Commission on March 22, 2024.

DEEP GREEN Completes $2M Asbestos Removal Project at Vanderbilt University Medical Center in Nashville

Retrieved on: 
Mardi, février 13, 2024

NASHVILLE, Tenn., Feb. 13, 2024 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling Inc. (OTC: DGWR) is pleased to provide shareholders with an update on the progress achieved by our Lyell Environmental Services, Inc. subsidiary (“LES”) on a major asbestos abatement project, DEEP GREEN's strong financial performance over the past two quarters, and our outlook for continued growth.

Key Points: 
  • "Thanks to Lyell's expertise and hard work, we have completed a $2 million asbestos removal contract at Vanderbilt University Medical Center's (VUMC) downtown medical campus in Nashville.
  • It was completed on schedule, under budget and as a result should contribute significantly to our accelerated growth plan for DGWR.
  • The safe removal of asbestos in an active medical building requires extensive planning and meticulous execution using specialized equipment and techniques.
  • LES was selected to undertake this critical six-month asbestos abatement project due to the Company’s long successful track record and extensive experience in hazardous waste handling.

DEEP GREEN Waste & Recycling, Inc. (DGWR) Announces Up-Listing to OTCQB Venture Market

Retrieved on: 
Jeudi, janvier 18, 2024

Saint Simons Island, Georgia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling, Inc. (OTCQB: DGWR), a waste, recycling and remediation services company for commercial customers, today announces its successful up-listing from the OTC Pink Sheets to the OTCQB® Venture Market (the “OTCQB”).

Key Points: 
  • Saint Simons Island, Georgia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling, Inc. (OTCQB: DGWR), a waste, recycling and remediation services company for commercial customers, today announces its successful up-listing from the OTC Pink Sheets to the OTCQB® Venture Market (the “OTCQB”).
  • The Company will commence trading on the OTCQB on January 22, 2024 with the symbol “DGWR”.
  • “Being listed on the OTCQB is an important milestone for DEEP GREEN, and will offer the Company broader acceptance within the investment banking community,” said Bill Edmonds, Chairman and CEO of DEEP GREEN Waste & Recycling.
  • Up-listing to the OTCQB Exchange may provide broader exposure for DEEP GREEN Waste & Recycling common stock to a broader range of investors, investment brokers and investment banks.

Deep Green Waste & Recycling Reports Record Third Quarter Earnings

Retrieved on: 
Mardi, décembre 12, 2023

Saint Simons Island, Georgia, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Deep Green Waste & Recycling Inc. (OTC PINK: DGWR), a waste, recycling and remediation services company for commercial customers, today announces strong top and bottom line growth in its financial results for the third quarter and nine months ended Sept. 30, 2023.

Key Points: 
  • Saint Simons Island, Georgia, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Deep Green Waste & Recycling Inc. (OTC PINK: DGWR), a waste, recycling and remediation services company for commercial customers, today announces strong top and bottom line growth in its financial results for the third quarter and nine months ended Sept. 30, 2023.
  • The 20-week remediation project follows a year of tremendous growth in which Deep Green increased quarterly revenues 145% along with 82% gross margins in its fiscal third quarter.
  • "We intend to leverage our strong reputation and technical expertise to capture market share," said David Bradford, President of Deep Green Waste and Recycling.
  • Deep Green shall continue to target additional acquisitions and add new remediation services to complement its existing capabilities in the waste, recycling and environmental remediation services markets.

Shareholder Update: DEEP GREEN Seeing Growth Driven by $2M Nashville Asbestos Project and Strategic Expansion

Retrieved on: 
Mardi, septembre 26, 2023

"Additionally, DEEP GREEN continues to deliver profitable growth driven by our strategic expansion efforts."

Key Points: 
  • "Additionally, DEEP GREEN continues to deliver profitable growth driven by our strategic expansion efforts."
  • The safe removal of asbestos requires extensive planning and meticulous execution using specialized equipment and techniques.
  • A standard asbestos abatement project will involve the following key phases and tasks:
    Site Evaluation and Planning - Thoroughly survey the site to identify all asbestos-containing materials.
  • DEEP GREEN provides sustainable waste and recycling services to commercial clients, now augmented by full-service remediation capabilities in asbestos, lead, mold and more.

Deep Green Waste & Recycling (DGWR) Subsidiary Awarded $1.995 Million Contract for Safe Asbestos Removal

Retrieved on: 
Jeudi, août 3, 2023

Nashville, TN, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Lyell Environmental Services, a wholly owned subsidiary of Deep Green Waste & Recycling Inc. (OTC PINK:DGWR), today announced that its subsidiary company Lyell Environmental Services, Inc. has secured a prestigious contract worth $1.995 million over six months for the pre-demolition removal and disposal of asbestos-containing materials at a site within a prestigious hospital complex in downtown Nashville, Tennessee. This significant achievement underscores Deep Green's commitment to environmental safety and excellence in hazardous material management.

Key Points: 
  • This significant achievement underscores Deep Green's commitment to environmental safety and excellence in hazardous material management.
  • Asbestos is a hazardous substance that poses serious health risks when disturbed, making its safe removal and disposal critical to the well-being of both workers and the surrounding community.
  • "We are honored to have been awarded this contract to conduct the safe removal and secure disposal of asbestos-containing materials for this client," said David Bradford, President of Lyell Environmental Services.
  • The company's dedication to environmental sustainability ensures that all waste materials will be managed responsibly, with a focus on recycling and minimizing the environmental impact.