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Greenwave’s Norfolk Facility Obtains Automotive Recycler License From Virginia Department of Motor Vehicles
Greenwave’s Norfolk Facility Obtains Automotive Recycler License From Virginia Department of Motor Vehicles
The Company's Norfolk facility – its highest volume yard – now has the ability to purchase scrap cars directly from customers
Greenwave's Norfolk Facility
CHESAPEAKE, Va., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (NASDAQ: GWAV), through its wholly owned subsidiary Empire Services, Inc. ("Empire"), a leading operator of 12 metal recycling facilities in Virginia and North Carolina, is pleased to announce its Norfolk facility has obtained an automotive recycler/demolisher license from the Virginia Department of Motor Vehicles. This license enables Greenwave's Norfolk Facility to purchase scrap cars directly from customers, one of the only metal recycling facilities able to do so in the City of Norfolk.
Greenwave opened its Norfolk facility in 2012 and has been working for the past several years to obtain this license. The Company expects that the volume of cars it processes will increase by 500 to 750 tons per month now that it can purchase cars directly from customers at its Norfolk facility.
Further, Greenwave is revamping its online car buying program, created by repurposing its legacy technology platform, to increase the volume of cars it processes. The Company believes that by purchasing more scrap vehicles directly from consumers, rather than through brokers or auctions, it will increase its margins.
"Obtaining this license enables us to better serve the hundreds of corporations, municipalities, small business, and individuals who sell their scrap metal to our Norfolk facility on a regular basis," stated Danny Meeks, Chief Executive Officer of Greenwave. "Purchasing and scrapping old cars is one of Empire's most profitable business lines. By obtaining this license and through the use of technology, we expect to continue to grow the volume of scrap vehicles we process. We are appreciative of Greenwave's shareholders for their continued support and look forward to reporting back on our progress."
About Greenwave
Greenwave Technology Solutions, Inc., through its wholly owned subsidiary Empire Services, Inc. ("Empire"), is a leading operator of 12 metal recycling facilities in Virginia and North Carolina. At these facilities, Empire collects, classifies, and processes raw scrap metal (ferrous and nonferrous) for recycling. Steel is one of the world's most recycled products with the ability to be re-melted and re-cast numerous times while offering significant economic and environmental benefits when compared with virgin materials. For more information, please visit Check us out on all social media platforms: and
Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its revenue growth, opening of additional locations, margin expansion and cashflow projections. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in our filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
Contact Info:
757-966-1432
Info@Greenwavetechnologysolutions.com
A photo accompanying this announcement is available at
該公司的諾福克工廠-其產量最大的堆場-現在有能力直接從客戶那裡購買報廢汽車
綠波的諾福克工廠
弗吉尼亞州切薩皮克,2023年1月11日(Global Newswire)--綠波科技解決方案公司(以下簡稱“綠浪”或“公司”)(納斯達克股票代碼:Gwav)通過其全資子公司帝國服務公司(“帝國”)欣然宣佈,其諾福克工廠已獲得弗吉尼亞州機動車管理局頒發的汽車回收/拆解商許可證。這一許可證使綠波的諾福克設施能夠直接從客戶那裡購買報廢汽車,這是諾福克市僅有的能夠這樣做的金屬回收設施之一。
GreenWave於2012年開設了諾福克工廠,並在過去幾年裡一直在努力獲得這一許可證。該公司預計,由於它可以在諾福克工廠直接從客戶那裡購買汽車,其加工的汽車數量將增加每月500至750噸。
此外,Greenwave正在修改其在線購車計劃,以增加其加工汽車的數量。該計劃是通過重新調整其傳統技術平臺而創建的。該公司相信,通過直接從消費者那裡購買更多報廢汽車,而不是通過經紀人或拍賣,它將增加利潤率。
GreenWave首席執行官丹尼·米克斯說:“獲得這一許可證使我們能夠更好地為數百家定期向我們的諾福克工廠出售廢金屬的公司、市政當局、小企業和個人提供服務。收購和報廢舊車是帝國汽車最賺錢的業務之一。通過獲得這一牌照和使用技術,我們預計將繼續增加我們處理的報廢汽車的數量。我們感謝綠波的股東們的持續支持,並期待著報告我們的進展情況。
關於綠波
綠波技術解決方案公司通過其全資子公司帝國服務公司(“帝國”),是弗吉尼亞州和北卡羅來納州12個金屬回收設施的領先運營商。在這些設施中,帝國娛樂收集、分類和處理原始廢金屬(黑色金屬和有色金屬),以便回收利用。鋼是世界上回收最多的產品之一,與原始材料相比,它能夠多次重熔和重鑄,同時提供顯著的經濟和環境效益。有關更多資訊,請訪問並在所有社交媒體平臺上查看我們:和
前瞻性陳述
本新聞稿包含符合1995年《私人證券訴訟改革法》安全港條款的某些前瞻性陳述。這些包括但不限於關於其收入增長、開設更多門店、利潤率擴大和現金流預測的聲明。這些表述是通過使用“可能”、“相信”、“預期”、“打算”、“估計”、“預期”、“可能”、“繼續”、“預測”、“潛在”、“專案”以及類似的表述來確定前瞻性表述的。所有前瞻性陳述僅在本新聞稿發佈之日發表。您不應過度依賴這些前瞻性陳述。儘管我們相信前瞻性陳述中反映或暗示的我們的計劃、目標、期望和意圖是合理的,但我們不能保證這些計劃、目標、期望或意圖一定會實現。前瞻性陳述涉及重大風險和不確定性(其中一些是我們無法控制的)和假設,可能導致實際結果與歷史經驗和目前的預期或預測大不相同。實際結果可能與前瞻性陳述中的結果大不相同,我們普通股的交易價格可能會大幅波動。前瞻性陳述也受到我們提交給美國證券交易委員會的檔案中描述的風險因素的影響。除非法律另有要求,否則我們沒有義務在作出陳述之日之後,或為了反映意外事件的發生,公開更新或修改任何前瞻性陳述,無論是由於新資訊、未來事件或其他原因。
聯繫方式:
757-966-1432
電子郵箱:Info@Greenwavetechnologysoltions.com
這一公告附帶的照片可在以下網址查閱
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
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