Welcome to our dedicated page for Deep Green Waste & Recycling I news (Ticker: DGWR), a resource for investors and traders seeking the latest updates and insights on Deep Green Waste & Recycling I stock.
Deep Green Waste & Recycling (DGWR) delivers innovative waste management solutions through customized programs for commercial properties and environmental initiatives. This dedicated news hub provides stakeholders with direct access to official announcements, financial updates, and strategic developments.
Investors and industry professionals will find timely updates including quarterly earnings reports, partnership announcements, regulatory compliance achievements, and sustainability program expansions. Our curated collection ensures transparent access to operational milestones and market positioning updates.
Key focus areas include service expansion notices, recycling technology advancements, and leadership updates. Bookmark this page for streamlined tracking of DGWR's progress in transforming waste management through adaptable solutions and environmental stewardship.
Deep Green Waste & Recycling, Inc. (DGWR) announced its 2021 financial results, reporting $363,000 in revenue and $193,000 in gross profit, with notable performance in the fourth quarter. Total assets surged from $15,000 in 2020 to $1.6 million in 2021. The company attributed growth to strategic acquisitions, including Amwaste, Inc. and Lyell Environmental Services, which helped in achieving positive cash flow. In Q4 alone, DGWR recorded $240,000 in operating revenue and $130,000 in gross profit, marking a significant turnaround.
Deep Green Waste & Recycling, Inc. (OTC PINK:DGWR) has signed a non-binding Letter of Intent (LOI) to acquire FoamShield™, Inc. and Martin International Industries, Inc. This acquisition includes related patents and intellectual property aimed at enhancing environmental remediation services. FoamShield's patented product utilizes biodegradable chemicals to aid in the safe removal of asbestos and other toxic substances. The company anticipates finalizing a Definitive Asset Purchase Agreement following a successful due diligence process, potentially expanding its service offerings to commercial and residential customers.
Deep Green Waste & Recycling (OTC:DGWR) announces a new interview with CEO Lloyd Spencer and COO David Bradford discussing the acquisition of Lyell Environmental Services. The company reported a net income of $268,576 and reduced liabilities by over $400,000 year-to-date. The acquisition is seen as pivotal for long-term growth in the environmental services sector, particularly in addressing growing waste and recycling demands. Deep Green plans further acquisitions in the southeastern U.S. to bolster its market presence.
Deep Green Waste & Recycling (OTCQB:DGWR) reported a profitable third quarter for 2021, with a net income of $268,576, a significant improvement from a loss of $200,832 in Q3 2020. Operating revenue reached $43,915, with a gross profit of $13,985, compared to zero in the previous year. The company eliminated over $600,000 in notes payable, enhancing its balance sheet. However, operating expenses rose 59.7% to $203,275, resulting in an operating loss of $189,290. For the nine months ending September 30, revenues totaled $120,180, up from zero in 2020, signaling growth amid ongoing acquisitions.
Deep Green Waste & Recycling, Inc. (OTCQB:DGWR) has completed the acquisition of Lyell Environmental Services Inc., enhancing its environmental remediation and testing services. This milestone positions Deep Green to leverage growth in the waste management sector. Lyell will function as a wholly owned subsidiary, expanding service reach around Nashville, Tennessee, and aligning with Deep Green's strategic goals. The acquisition marks the beginning of planned expansions in environmental services across the southeastern U.S.
Deep Green Waste & Recycling Inc. (OTCQB:DGWR) has announced its acquisition of Lyell Environmental Services Inc., aiming to tap into the multi-billion-dollar environmental remediation market. CEO Lloyd Spencer shared insights in an interview, emphasizing the strategic importance of this acquisition for expanding their service offerings. He outlined a replicable growth strategy set to triple the business's size by expanding into surrounding metro areas. The company plans to pursue further complementary acquisitions to bolster future growth.
Deep Green Waste & Recycling (OTCQB:DGWR) announced a Definitive Stock Purchase Agreement to acquire Lyell Environmental Services Inc. for $1.35 million in cash and stock. This acquisition aims to enhance Deep Green's services in the environmental and remediation sector across the Southeast US.
The transaction is expected to close in September, subject to board approval and regulatory conditions. The cash portion will be financed via convertible debt financing with strategic partners.
CoroWare Inc. (OTC PINK:COWI) has announced a revitalized business strategy in an interview with CEO Lloyd Spencer. The Company is transitioning to the resource reclamation sector, focusing on converting organic waste into valuable products like carbon nanotubes and hydrogen. A recent agreement with YA Global Investments has relieved the Company of a long-standing debenture, strengthening its balance sheet. This positions CoroWare to enhance its research and development and advance its extraction technology, targeting industries such as automotive and aviation.
