MARKET WIRE NEWS

DEEP GREEN EXPANDING ENVIRONMENTAL SERVICES OPERATIONS

MWN-AI** Summary

DEEP GREEN Waste & Recycling Inc. (OTCQB: DGWR), a company focused on waste, recycling, and remediation services, announced an extensive expansion of its subsidiary, Lyell Environmental Services, Inc. (LES), on February 12, 2025. The company will establish satellite operations in Memphis, TN, Louisville, KY, and Huntsville, AL, effectively increasing its reach to an additional 1.5 million homes and businesses. This move aims to enhance LES's environmental testing and remediation services, which include asbestos, lead, mold, water damage, and disaster recovery.

David Bradford, President of DGWR, expressed optimism about the ambitious plans, stating that all facilities and necessary certifications should be operational within the next 90 days. Further, the company is already setting up clients to ensure a smooth launch of services in these new locations.

Founded in Nashville, LES specializes in environmental and ecological testing services, with a strong commitment to environmental safety and protection. The company offers a comprehensive suite of services tailored for commercial, institutional, and residential clients, including environmental studies, hazardous substance testing, and remediation.

As DEEP GREEN continues to push forward with its aggressive expansion, it remains focused on sustainable waste management practices that promote cost-efficiency for its commercial clients. Potential investors should be aware of forward-looking statements in the release, indicating uncertainties related to market conditions, financial stability, and operational execution.

For more information about DEEP GREEN Waste & Recycling Inc. and its subsidiary, visit their respective websites. The company also provided contact information for investor inquiries, further indicating a commitment to transparency and shareholder engagement as it embarks on this growth journey.

MWN-AI** Analysis

As DEEP GREEN Waste & Recycling Inc. (OTCQB: DGWR) embarks on an ambitious expansion of its subsidiary, Lyell Environmental Services, Inc. (LES), investors should consider several factors before making investment decisions. The establishment of new satellite operational centers in Memphis, TN, Louisville, KY, and Huntsville, AL, is set to provide a significant opportunity, potentially increasing the company's service footprint to an additional 1.5 million homes and businesses. This strategic move positions DEEP GREEN to capitalize on growing demand for environmental testing and remediation services, particularly in light of heightened public awareness of health and safety regarding asbestos, lead, and other harmful substances.

Investors should remain mindful of the company's outlined timeline, with expected operational readiness within 90 days. Immediate revenue generation from existing client engagements is critical for quickly validating this expansion strategy and showcasing demand in these new markets.

However, it is essential to mitigate the inherent risks associated with aggressive expansion. The company's success hinges on its ability to secure necessary certifications and navigate potential regulatory challenges in these jurisdictions. Furthermore, the anticipated costs for establishing these satellite operations could pressure short-term financial performance. As indicated in the company’s safe harbor statement, there are several uncertainties related to capital raising, market competition, and overall economic conditions that may influence the operational effectiveness and financial stability of DEEP GREEN.

In conclusion, while the expansion presents a compelling growth narrative, investors should conduct thorough due diligence and monitor developments closely. The evolving landscape of environmental services coupled with DEEP GREEN's operational strategies may offer significant upside, but careful assessment of risks remains paramount before committing capital.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

Hermitage, Tennessee, Feb. 12, 2025 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling Inc. (OTCQB DGWR), a waste, recycling and remediation services company for commercial customers, today announces that it is moving forward with an aggressive expansion of its subsidiary, Lyell Environmental Services, Inc. (“LES”) to include satellite operations centers in the Memphis, TN, Louisville, KY, and Huntsville, AL markets.

This expansion will open an additional 1.5 million homes and businesses for LES’s environmental testing and remediation services for asbestos, lead, mold, water damage, and disaster recovery. “We expect all facilities and additional certifications to be in place over the next 90 days in all three of these markets and we’re already lining up business to hit the ground running,” said David Bradford, President of DGWR.

About DEEP GREEN Waste & Recycling, Inc.

DEEP GREEN Waste & Recycling, Inc. (OTCQB:DGWR) is a waste, recycling and remediation services company which provides sustainable waste, recycling, and remediation services, and helps commercial customers realize cost-savings using streamlined processes that help manage, reduce, and recycle waste streams. For more information, visit: https://DeepGreenWaste.com

About Lyell Environmental Services, Inc.

Lyell Environmental Services, Inc. is an established commercial environmental and ecological testing services company based in Nashville, Tennessee. With a strong focus on environmental protection and safety, the company offers a comprehensive range of services for commercial, institutional and residential properties, including environmental studies, hazardous substance testing, remediation, abatement, and removal. For more information, visit: https://www.lyellenvironmentalservices.com/

SAFE HARBOR STATEMENT

This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

For information, please contact:
Bill Edmonds

DEEP GREEN Waste & Recycling, Inc.
3524 Central Pike, Suite 310
Hermitage, TN 37076
Phone: (912) 254-7889
Email: [email protected]


FAQ**

How does Deep Green Waste & Recycling Inc (DGWR) plan to ensure successful integration of the new satellite operations centers in Memphis, Louisville, and Huntsville into its existing business model?

Deep Green Waste & Recycling Inc (DGWR) plans to ensure successful integration of its new satellite operations centers in Memphis, Louisville, and Huntsville by leveraging synergies with existing operations, enhancing logistics efficiency, and fostering local partnerships to optimize service delivery.

What specific criteria will Deep Green Waste & Recycling Inc (DGWR) use to evaluate the potential success of its expansion into new markets?

Deep Green Waste & Recycling Inc (DGWR) will evaluate potential success in new markets based on criteria such as local regulatory environment, demand for sustainable waste solutions, competitive landscape, operational logistics, and alignment with company sustainability goals.

Can Deep Green Waste & Recycling Inc (DGWR) provide insights on the competitive landscape and potential risks associated with its environmental testing and remediation services?

Deep Green Waste & Recycling Inc (DGWR) can offer valuable insights into the competitive landscape and potential risks in its environmental testing and remediation services by analyzing market trends, regulatory changes, and technological advancements affecting the industry.

What strategies does Deep Green Waste & Recycling Inc (DGWR) have in place for securing funding to support its growth and expansion efforts, particularly for the new operations centers?

Deep Green Waste & Recycling Inc. employs diverse strategies such as seeking partnerships with investors, applying for grants, utilizing government incentives, and exploring debt financing to secure funding for growth and expansion of its new operations centers.

**MWN-AI FAQ is based on asking OpenAI questions about Deep Green Waste & Recycling Inc (OTC: DGWR).

Deep Green Waste & Recycling Inc

NASDAQ: DGWR

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DGWR Stock Data

$9,954
3,477,137
34.78%
3
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Waste Management
Industrials
US
Hermitage

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