NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.
LAKE HARMONY, PA, Jun 12, 2006 (MARKET WIRE via COMTEX News Network) --
Bio-Solutions Manufacturing, Inc. (OTCBB: BSLM) (FRANKFURT: B2T) announced today that it had reached a tentative agreement with Bio-Solutions Franchise Corp (BSFC) to buy its Bioremediation Services, Inc. (BRSI) franchise subsidiary for stock.
BRSI currently has over 80 franchise units in approximately 19 states. A franchise unit is the protected territory owned by the franchisee that consists of approximately 200,000 people.
BRSI markets its service and products nationally through its franchise and distributorship program. Franchise owners work with restaurants, schools, hospitals, nursing homes, and other food service facilities to service their grease traps and drain lines, and sell them cleaning products such as quick drying floor soap. The franchisees also service municipal collection systems. The municipal service includes working with lift stations, sewer lines, force mains, and treatment plants.
Other active stocks are Apollo Group, Inc. (NASDAQ: APOL), Preferred Bank (NASDAQ: PFBC) and Aptimus Inc. (NASDAQ: APTM).
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