West Palm Beach, Florida – May 19, 2021- Galenfeha, Inc. (OTC: GLFH) (the “Company” or “Galenfeha”) is pleased to announce the formation of Nexgen Environmental Solutions, Inc., (“Nexgen”).
“Nexgen will focus on all environmental services related to all energy production and delivery systems,” stated Galenfeha’s Chief Executive Officer. Nexgen and their staff will be the energy component of our overall plan to build and develop industry focused businesses. Galenfeha is currently established in the automobile industry segment, and the energy industry with another segment to be announced shortly.
As part of the initial organization, Galenfeha has obtained operational warehouse and office space in Dickenson, ND and Midland, Texas. The combined facilities encompass over 6 acres of land and 15,000 square feet of operational space for the anticipated company activities. The company intends to develop and grow by acquiring existing operations and through organic growth. Staff assignments, duties and responsibilities are anticipated to be announced in the near future.
This news release contains certain statements that may be deemed “forward-looking statements” with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
This news release contains certain statements that may be deemed “forward-looking statements” with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
