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, Inc. (DGWR) generates frequent news as a waste, recycling and environmental remediation services company trading on the OTCQB Venture Market. Its updates center on environmental testing and remediation work, waste and recycling services, and a growth strategy that combines organic expansion with targeted acquisitions and divestitures.
Recent news highlights include large asbestos abatement projects executed by its subsidiary Lyell Environmental Services, Inc. (LES), such as a multi‑month asbestos removal contract at Vanderbilt University Medical Center’s Nashville campus. The company has also reported strong year‑over‑year growth in revenue and gross profit driven by asbestos and radon remediation work in its Nashville operations, along with strategic actions like the sale of its AMWASTE subsidiary to concentrate on core environmental safety, testing, remediation, and abatement services.
Investors and observers following DGWR news can expect coverage of environmental remediation contracts, geographic expansion into metro markets across Tennessee, Alabama, Kentucky, and other southeastern regions, and acquisition activity such as the agreement to purchase Franklin Tucker Corporation and its Junk King franchises in central Tennessee. Company communications also feature shareholder letters, earnings updates, and commentary on its positioning as an EPA and state compliant environmental services provider focused on hazardous material removal, including mold, lead, radon, and asbestos.
This news page aggregates these developments in one place, allowing readers to review DEEP GREEN’s project announcements, financial performance updates, strategic transactions, and expansion plans as disclosed through its public news releases.
Deep Green Waste & Recycling, Inc. (OTCQB:DGWR) announces its growth trajectory following key moves in 2020, highlighted by a Letter of Intent (LOI) to acquire an environmental remediation company. CEO Lloyd Spencer's interview emphasizes the completed acquisition of Amwaste, which is already profitable and growing after its March 2021 integration. The company expects significant expansion through this acquisition, projecting a 30% to 50% growth in Amwaste's operations. Additionally, removing the 'shell risk' designation signifies a solidifying financial position for DGWR.
Deep Green Waste & Recycling (OTCQB: DGWR) announced the removal of its "shell risk" designation by OTC Markets on June 2, 2021. The company signed a Letter of Intent to acquire a profitable environmental remediation business in the Southeast US, boasting revenues over $1.25M. This acquisition aims to enhance their growth trajectory and expand their market presence. Additionally, Deep Green is partnering with institutional investors for long-term financing to support its acquisition strategy and marketing initiatives for Amwaste, its subsidiary.
Deep Green Waste & Recycling (OTCQB: DGWR) has officially upgraded its listing from the OTC Pink Sheets to the OTCQB Venture Market as of May 4, 2021. This transition is expected to enhance the company's acceptance among investors and facilitate access to a wider array of institutional and retail investors, which could assist in raising capital for future acquisitions. The OTCQB mandates adherence to minimum reporting standards and improves investor visibility and liquidity, thereby contributing to more informed trading decisions.
Deep Green Waste & Recycling (OTC PINK: DGWR) shared a shareholder update detailing recent progress and future plans. In February 2021, the company acquired Amwaste, expanding its customer base by over 10% in the Golden Isles, Georgia. DGWR aims to list on the OTCQB, enhancing liquidity for shareholders. Future goals include acquiring additional waste and remediation companies in the Southeast and attracting further investments. The letter emphasizes gratitude toward shareholders and outlines ongoing expansion efforts.
Deep Green Waste & Recycling, Inc. (OTC PINK:DGWR) has signed a Letter of Intent (LOI) to acquire Amwaste, Inc., a waste disposal firm serving Georgia's Golden Isles region. This acquisition aims to enhance Deep Green's service delivery in a high-growth area, expanding its commercial customer base. CEO Lloyd Spencer emphasized the strategic importance of this move in the company's growth strategy, aiming to unlock Amwaste's full potential. The Definitive Asset Purchase Agreement will follow due diligence.