Global Fiber Technologies (OTCQX: GFTX) today issued an update to its shareholders on the advancement of its three “Fiber-Centric” companies. The company provided, via its statement, distinction as to the three separate companies under the Global Fiber umbrella. “Our Eco Tek 360 division is now showing great promise,” Global Fiber CEO Paul Serbiak, the engineer behind the portfolio of technologies, stated in the news release. “Eco recovers fibers from end of useful life fabrics such as corporate uniforms, sheets and pillowcases and rejuvenates them utilizing our patent pending technology which takes landfill destined corporate uniforms or linens for example and repurposes them back to the same customer such as a UPS or a Wyndham hotel chain.”
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About Global Fiber Technologies
Global Fiber Technologies operates three companies that are centered in the textile fiber industry in different capacities. Global’s portfolio of patent pending technologies and know how are germane to the authentication, rejuvenation and distribution of textile fibers. Each one of its companies will draw on its portfolio of IP and trade secrets to give GFTX a potential competitive advantage over the competition. For more information, visit the company’s website at www.GlobalFiberTechnologies.com.
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