Home Financial Markets Penny Stocks Why Green EnviroTech (GETH) Stock Shot Up 48% Yesterday?

Why Green EnviroTech (GETH) Stock Shot Up 48% Yesterday?

A significant rise of 48.15 percent to $0.0200 per share was experienced by the Green EnviroTech Holdings, Inc (OTCPink: GETH) stock at the previous close. Green EnviroTech’s performance over the past week stood at 25.00%, compared to its monthly performance of -42.86%. There was no news on the GETH stock that may have accelerated the move, but a recent development could help us understand the company’s ongoing business operations.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

GETH’s business operations:

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free


In 2008, GETH was founded and has become one of the leaders in the processing of waste plastic and tires into products that are both commercially viable and environmentally responsible. GETH aims to rehabilitate and rejuvenate local communities through the creation of jobs, environmental improvement, and economic growth.

Read More

Green EnviroTech this month reported a first-quarter update on its progress toward its goals for 2021 providing an overview of the company’s major objectives for the year.

  • As a part of its goal to realizing its vision, GETH is working with a major insurance provider who can underwrite the technology it is licensing.
  • A GETH spokesman stated that they have received assurances from this insurance company that they will insure the technology in January 2021.
  • This achievement was of major significance in confirming the lenders and investors for GETH.
  • GETH has entrusted engineering, procurement, and construction services for the planned industrial plants to three major contractors.

What GETH has achieved so far?

A GETH press release in December 2020 identified several goals for the year 2021, the progress of which is summarized below:

  • GETH is in negotiations with various sources of funding that will provide the funds necessary to complete all financial audits and quarterly reporting so as to bring the organization into compliance and obtain “Current” status.
  • This support has been made possible by the rise in GETH stock price.
  • A US-based loan lender has confirmed to GETH that they will provide the funding necessary if GETH can provide sufficient assurances and de-risking items such as insurance and engineering.
  • All of these requirements can be achieved.
  • Currently, Green EnviroTech (GETH) is working on a location within the United States and at other international locations.

    Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

  • Upon completing the financing for the first plant, GETH is expected to realize revenues from licensing and construction.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

IT Tech Packaging Inc. (ITP) stock gains during pre-market. Here’s what’s happening?

IT Tech Packaging Inc. (NASDAQ: ITP) stock gained by 7.53% at last close while the ITP stock price rises by 2.04% in the pre-market...

Why did The9 Limited (NCTY) stock turnaround in the after-hours on Friday?

The9 Limited (NCTY) shares gained 6.87% in after-hours on Friday, July 30, 2021, and closed the weekly trading at $11.98 per share. in the...

Energous Corporation Inc. (WATT) stock declines during after-market. Here’s to know why?

Energous Corporation Inc. (WATT) stock gained by 7.05% at last close whereas the WATT stock price plunged by 7.82% in the after-hours trading session....

AMAZON Inc. (AMZN) stock fell during after-market. Here’s the update

Amazon Inc. (NASDAQ: AMZN) stock plunged by 0.84% at last close however moving ahead the AMZAN share price also declines by 7.44% in the...

Cocrystal Pharma Inc. (COCP) stock soars during current market. Here’s what you should know

Cocrystal Pharma Inc. (NASDAQ: COCP) stock gains by 17.44% in the current market trading session. Cocrystal Pharma, Inc. is a clinical-stage biotechnology firm focused...

Best Inc. (BEST) stock gains during current market. Here’s the update?

Best Inc. (NASDAQ: BEST) stock rises by 5.45% during the current market. BEST Inc. is a prominent Chinese supplier of comprehensive smart supply chain...

Dolphin Entertainment Inc. (DLPN) stock rises during current market. Let’s find out why?

Dolphin Entertainment Inc. (NASDAQ: DLPN) stock gains by 17.47% to $9.21 today in the current market trading. Dolphin Entertainment is a leading independent entertainment...

General Electric Company Inc. (GE) stock sky-rocketing during pre-market. Here’s what you should know

General Electric Company Inc. (NASDAQ: GE) stock plunged by 2.56% at last close whereas the GE stock price surged massively during pre-market by 704.32%....

Related News

What Caused The Sino United Worldwide (SUIC) Stock To Drop 50%?

In the last session, the price of Sino United Worldwide Consolidated Ltd (OTCPink: SUIC) spiraled -50.82% to $5.4000. During the session, Sino United's stock...

On What Basis Did HIRU Stock Rise 43%?

Hiru Corp stock blasted into the green at the previous close, rising 43.00% to $0.0143. Volume was 65.87 million against 30-day Average Volume...

Is There Any Reason As To Why The BIGG Digital (BBKCF) Stock Expanded By 30%?

A share of BIGG Digital Assets Inc (OTCQX: BBKCF) rose 30.78 at yesterday's close, to $1.4670. There was an increase in volume of BIGG...

Why Has The Ascot (AOTVF) Stock Price Gained 20%?

The stock of Ascot Resources Ltd (OTCQX: AOTVF) gained significantly as it increased by 20.50% to $0.8858 at last close. The Ascot stock price...

How Does The KinerjaPay (KPAY) Stock Price Increase By 454%?

The payment gateway and eCommerce company KierjaPay Corporation (OTCPink: KPAY) closed Tuesday's trading session at $0.0122, up 454.55%, and has been trading in a...


Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free



Download Free eBook For


100% free. stop anytime no spam