MARIETTA, Ga., Feb. 27, 2018 /PRNewswire/ -- Deep Green Waste & Recycling, Inc. (DGWR) has sold 16 commercial trash compactors thus far into the 1st quarter of 2018. While not historically a significant part of our managed services offerings, we have successfully sold almost $400,000 in compactors, which are scheduled for installation before the end of the first quarter.
We recently acquired Compaction and Recycling Equipment, Inc. and Columbia Financial Services, Inc. and we are working to maximize synergies and operational efficiencies between the equipment subsidiaries and our core commercial property managed services business. David Bradford, Chief Operating Officer of Deep Green stated, "The sale of these compactor orders is an early indicator of the type of accelerated revenue development we seek to achieve as we begin to cross-sell managed services and equipment sales and financing nationwide."
About Deep Green
We are a full-service waste & recycling company that manages services to and logistics for large commercial properties throughout the continental U.S. We have presence in 35 states across the Midwest, South and East regions of the United States, and serve approximately 300 commercial customers. www.deepgreenwaste.com
We also provide complete waste equipment handling solutions, which includes design, engineering, fabrication and installation of new and used equipment along with maintenance services through our wholly owned subsidiary, Compaction and Recycling Equipment Inc. www.waste-equipment.com
This press release contains forward-looking statements that reflect the Company's current beliefs, expectations or intentions regarding future events. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "will," "will be," "anticipate," "predict," "expect" "continue," "future," and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of the Company and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to: future revenues, expenditures, capital or other funding requirements, the adequacy of the Company's current cash and working capital to fund present and planned operations and financing needs, and the growth of the Company's business and operations through acquisitions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent current Disclosure Statements available at www.otcmarkets.com. The Company anticipates that subsequent events and developments may cause their views and expectations to change. The Company assumes no obligation, and they specifically disclaim any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Deep Green Waste & Recycling, Inc.