ALVA, FL, April 14, 2010 -- National Energy Services Co. (OTCBB: NEGS) has secured a $10,000,000 line of credit to facilitate its business model.
National Energy Services Co. closed at $0.035 Tuesday, trading 22,700 shares.
National Energy Services Company, Inc. Secures Credit Line
About National Energy Services Company, Inc
National Energy Services Company, Inc. (OTCBB: NEGS) and its subsidiaries Applied Concepts For Energy Corp. and Global Green Resources Inc, is a publicly traded company located in the USA. The company's current focus includes various alternative energy production models to which we provide construction management services. The alternative energy methods of production include waste to energy, farming of green algae and bio-mass and bio-fuels production. Our Green IT services provide training and consulting services for Virtualization/Cloud Computing.
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FUQING CITY, CHINA, April 14, 2010 -- China's leading clean tech manufacturer of recycled low density polyethylene (LDPE), Guanwei Recycling Corp. (OTCBB: GURC), announced today another year of record results, as revenues for the year ended December 31, 2009 climbed 86% to $47.26 million as compared to $25.43 million in 2008, and net income in 2009 increased to $6.45 million from $3.19 million in the prior year -- a gain of 102%.
Guanwei Recycling Corp. closed at $4.80 Tuesday, trading 15,950 shares.
Guanwei Recycling 2009 Net Income Grew 102% on 86% Advance in Revenues Compared With 2008
About Guanwei Recycling Corp.
Guanwei Recycling Corp. is China's largest manufacturer of recycled low density polyethylene (LDPE). Adhering to the highest "green" standards, it has generated rapid growth producing LDPE from plastic waste procured mostly in Europe for sales to customers in ten different industries in China. The Company is one of the few plastic recyclers in China that has been audited by TUV Rheinland Cert GmbH for compliance with German pollution and environmental standards, which allows the Company to procure high quality plastic waste directly from Germany and other European countries (Spain and Holland), with no middlemen, which permits highly economic production of the highest grades of LDPE. Guanwei is a publicly traded Company in the U.S. quoted on the OTC Bulletin Board. Additional information on the Company is available at guanweirecycling.com.
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