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BUGS --HUGE play!!!
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[QUOTE]Originally posted by Peaser01: [QB] According to Robert Brehm in his CEO interview, [b]PEMEX currently has $3 Billion designated for cleaning up thier oil-spills over the next five years. BUGS seems to have a 1-up on the competition as they have hired the recently retired PEMEX Director of Environment Remediation.(see PR below)[/b] Contracts are expected to be announced at any time. It shouldn't be long before BUGS breaks .1 and holds at that level. [b]SSWM Mexican Subsidiary Hires Senior Petroleum Expert Tuesday July 26, 9:54 am ET 30 year veteran with Pemex joins ETI[/b] CARLSBAD, Calif.--(BUSINESS WIRE)--July 26, 2005--Sub-Surface Waste Management of Delaware, Inc. (OTCBB:SSWM - News), announced that its Mexican subsidiary company Environmental Tec International, S.A. de C.V. (ETI) [b]has appointed Mr. Guillermo Andrade Gelabert, P.E. as Vice President and Program Director to develop business opportunities with Petroleos Mexicanos (Pemex), the Mexican state oil corporation.[/b] Bruce Beattie, CEO of SSWM, stated, [b]"Guillermo brings over 30 years' experience as a multi-degreed and accomplished registered environmental engineer who recently retired from Pemex as Director of Environment Remediation for Pemex Corporation over all operating divisions of Pemex; Petrochemical, Refinery, Production and Primary Exploration. Guillermo will apply his contacts, knowledge and expertise to develop environmental cleanup contract opportunities for ETI from all operating divisions of Pemex."[/b] About Sub-Surface Waste Management [b]Sub-Surface Waste Management Inc. is a majority owned subsidiary of U.S. Microbics, Inc. (OTCBB:BUGS - News)[/b] and provides comprehensive civil and environmental engineering project management services including specialists to design, permit, build and operate environmental waste clean-up treatment systems using conventional, biological and filtration technologies. SSWM and its Mexican subsidiary company ETI is capitalizing on its licensed patented technologies registered in Mexico with SEMARNAT a Federal regulatory agency overseeing environmental compliance nationwide. Investors and media contact Bruce Beattie at 760/918-1860, ext. 105 or bbeattie*bugsatwork.com; or learn about the company by visiting its Web site at http://www.bugsatwork.com. The information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect" or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's status as a startup company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and other sections of the company's Form 10-KSB and other publicly available information regarding the company on file with the Securities and Exchange Commission. The company will provide you with copies of this information upon request. [/QB][/QUOTE]
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