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Hi Dustoff101: what do you think that a $15MM contract will do for the share price? That is the topic on the RR board? And I have no idea.
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Tiffany, ok, I'll try and get some work done this week-end on BUGS...Then hopefuly I can give you a more concise anwser than a guess of an increase of .125 PPS.
I need some time to go back and review all the SEC reports, news, rumors, other boards, ect.
Sorry that I'm going to pass the buck till later, just to dern wore out from the last 2 weeks.. Also, I over ate during the Holiday, and now I still feel like a stuffed Duck! Quack!!
I monitor BUGS quite often, but I have a stack of main board stocks I am working at the present time.
SEC reports are a bit tricky for me sometimes, because of all the lawyer talk in them..
A good Chart workup would not hurt........Any takers? hehe
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It seems that the contract sizes will initially be the determining factor in any price increase and then we slowly move up from the initial 'pop' once the street realizes that there are some more huge contracts on the way. I have never seen an OTCBB stock that is looking at a very possible $50MM(and more) in contracts over such a short period of time. Heck, any NASDAQ comany would soar on such news. Even if they start with a few $5MM-$10MM contracts it appears that many more are going to be coming their way. What am I missing here?
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[QUOTE]Originally posted by tiffany_loves_diamonds: [QB] It seems that the contract sizes will initially be the determining factor in any price increase and then we slowly move up from the initial 'pop' once the street realizes that there are some more huge contracts on the way. I have never seen an OTCBB stock that is looking at a very possible $50MM(and more) in contracts over such a short period of time. Heck, any NASDAQ comany would soar on such news. Even if they start with a few $5MM-$10MM contracts it appears that many more are going to be coming their way. What am I missing here?
------------------------------------------------- Tiffany, the following is a true story. My daughter brought BUGS to my attention a couple of years ago. She was working on stock comparisons, and BUGS cought her attention. She insisted I take a look, which obviously I did.
The Microbial research being accomplished, and the capacity of markets to jump on enviornmental stocks that may clean up some of the hazardous situations mankind has created, would leed a person to think bugs has a brite future.
My daughter also stated that she thought it would be cool to have a stock named BUGS, also *Bug eye* is a family knick name for a critter around here. So, being the disciplined father that I am, I bought her 25,000 shrs..
Point is? there is all kinds of reasons people buy stocks. Generaly speaking, buying these OTCBB'S is more of an Art form than a science.
I have conversations with folks that even have an adversion to the stock because Tom Delay is a proponent of the CEO, nuts? who knows..Others have become so ingrossed in microbes they have completly forgotten about the stock!
It is a wise investor that continually monitors this stock. It can be, and is, exsplosive at times.
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Hey dust...what ever happened to the spin-offs where they claim shareholders would receive shares of the spin-offs. My father bought this a few years ago....at least 3 years and he didn't recieve any shares of the spin-offs. Did you get any?
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quote:Originally posted by R1Man: Hey dust...what ever happened to the spin-offs where they claim shareholders would receive shares of the spin-offs. My father bought this a few years ago....at least 3 years and he didn't recieve any shares of the spin-offs. Did you get any?
------------------------------------------------ Nope, notta..There is some contraversy still angering people over the issue..
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Tiffany, A bad sign, when a Company routinely uses Form S-8 to register shares for insiders, employees or consultants. Form S-8 allows companies and promoters to flood the marketplace instantly, with registered shares that have been issued to anonymous individuals and companies.
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Dustoff101: didn't Brehm say that no more S-8's would be issued due to the fact that U.S. Microbics would be profitable and that some very large contracts would negate the need for the issuance of more shares? And if those shares have already been issued could we begin to move up to higher levels? I'm just wondering what everyone says that those higher levels might be. I just saw on RagingBull that someone is looking for .60/share on BUGS. People on this board seem to be doing some nice DD, so I was looking for other opinions. Thanks,
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Wow, .60? Go BUGS! Then based on the O/S and figuring in expenses, for every $10,000,000 in contracts we could see up to a $.12-.20 movement up in PPS!
Now that would get me back on board in a heartbeat...
I've brought tons of dd to this board, including the referance material from leeding Universities on microbial research, theory and facts..Spent untold hrs working this stock..But I will no longer allow myself to be swept up in any kind of blind hype..
For the moment anyway.lol
BTW, I've learned to take anything, any CEO says with a grain of salt.
2nd BTW, my daughter still owns her shares.
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quote:Originally posted by tiffany_loves_diamonds: Dustoff101: didn't Brehm say that no more S-8's would be issued due to the fact that U.S. Microbics would be profitable and that some very large contracts would negate the need for the issuance of more shares? And if those shares have already been issued could we begin to move up to higher levels? I'm just wondering what everyone says that those higher levels might be. I just saw on RagingBull that someone is looking for .60/share on BUGS. People on this board seem to be doing some nice DD, so I was looking for other opinions. Thanks,
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Dustoff101: are you serious when you say: " based on the O/S and figuring in expenses, for every $10,000,000 in contracts we could see up to a $.12-.20 movement up in PPS!" ___________________________________________________
If that is really the case, and you weren't just teasing, then a few $10MM contracts could take us to some very exciting levels. And lol, Peaser, before I forget, weren't you the one that was doing just a little 'pumping' a very short time ago before you sold out???? Wink, Wink!!!!
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quote:Originally posted by R1Man: Hey dust...what ever happened to the spin-offs where they claim shareholders would receive shares of the spin-offs. My father bought this a few years ago....at least 3 years and he didn't recieve any shares of the spin-offs. Did you get any?
------------------------------------------------ Nope, notta..There is some contraversy still angering people over the issue..
Thanks for the reply Dustoff:
Did they even spin off any shares to shareholders back in 2003-2004? I know my father called and emailed BUGS and schawbb his broker. No replies from BUGS that I know of. People got screwed over on that one.
I guess I have learned to stay far away when spin-offs, dividens, R/S and F/S. You never know if your gonna get screwed over when it happens.
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quote:Originally posted by tiffany_loves_diamonds: Dustoff101: are you serious when you say: " based on the O/S and figuring in expenses, for every $10,000,000 in contracts we could see up to a $.12-.20 movement up in PPS!" ___________________________________________________
If that is really the case, and you weren't just teasing, then a few $10MM contracts could take us to some very exciting levels. And lol, Peaser, before I forget, weren't you the one that was doing just a little 'pumping' a very short time ago before you sold out???? Wink, Wink!!!!
I'm waiting for and hoping I don't miss the bottom, I see that the .015's have built up pretty strong, and ARCA is still lurking on the ASK. It may still be coming down due to those things. I mentioned my thoughts on ARCA back a page or so ago. I'm definately looking to get back in here, I'm just trying to build up my account to where I can buy a little more for cheaper. I can not stand sitting on a stock waiting for it to move when there are so many penny stock nasdaq's running.
Dusty and I watched this come down from .06, it's still got the feel that it's not through coming down. Just when we thought that bottom was upon us, we saw it drop more. Just don't want to see that again.
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CARLSBAD, Calif.--(BUSINESS WIRE)--Nov. 29, 2005--Sub-Surface Waste Management of Delaware, Inc. (OTCBB:SSWM - News), an innovative international environmental cleanup company, announced that Puebla Governor Mario Marin Torres has presented to Bruce Beattie, CEO, a letter of support and contract commitment to SSWM's Mexico subsidiary, Environmental Tec International S.A. de C.V. (ETI), for establishing the State of Puebla's first environmental emergency response center.
The Governor will hold a press conference on November 30 at the State's Government House in the capital city of Puebla to formally announce his intentions to provide the people of the State of Puebla with environmental response and cleanup capability to address past, present and future releases of toxics from petroleum pipelines, bulk storage facilities and retail gas station sites operated by Pemex as well as other industrial sources. He will also announce that he has authorized ETI to work with the Secretary of Environment and his technical staff to commence site investigation work to prepare remedial action plans at known petroleum release sites in and around the capital city.
Bruce Beattie, CEO, stated, "Governor Mario Marin Torres and his government have taken an aggressive and pro-active stance to address civil protection and exposure to toxic releases burdening the people of Puebla. To our knowledge he is the first State Governor in Mexico to take on environmental control and compliance as a core agenda of his administration which runs from 2005 to 2011. Based on the governor's confidence in our environmental capabilities and his administration's commitment to enter into annual environmental emergency response and remediation contracts, ETI plans to hire and train professional and technical labor from local schools and Universities in the State to create Mexico's first comprehensive environmental response and remediation service capability which could also serve as the model for replication in other states."
About Sub-Surface Waste Management
Sub-Surface Waste Management Inc. is a majority owned subsidiary of U.S. Microbics, Inc. (OTCBB:BUGS - News) 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 is capitalizing on its 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.
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How long until we hear about the contracts? I thought that the governor was supposed to make an announcement today. Any guesses on the contract sizes?
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If all went as planned, we should see some news tommorow. Also, the Quarterly reports haven't been filed yet, we know how good that will be.
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So how good does everyone think that the quarterly report will be? And why isn't BUGS running on the potential contract news? It seems like we should be up over the .15/share level right now. Those are some very huge contracts that Brehm has been talking about. So, do we get a big 'pop' or a steady rise over several months? Thanks, Tiff
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Nov 30, 2005 9:13 pm US/Central Ginger Allen Reporting
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(CBS 11 News) KEMP By Todd Bensman and Ginger Allen Investigations Unit CBS 11 News
Iona Ford has lived in this east Texas town all of her life, and says it seems that everyone she knows in town is either grievously ill, suffering from cancer or has died of cancer.
She ticks off the people with cancer, as her mother shuffles around the house wearing an oxygen mask suffering from a wide variety of illnesses. "My husband, my grandmother, my daughter, my mother, myself, the neighbors, the Freemans, the Smiths..."
Ford has never been able to blame anyone or anything - until this summer. That was when the federal government and state of Texas began requiring towns like Kemp to publicly post notices when tests of local water supplies failed to meet new quality standards for a pair of potentially dangerous carcinogens.
The violation notices that began going up around Kemp this year scared people in Kemp. They said levels of two kinds of chemicals - Trihalomethanes (TTHM) and Haloacetic Acids (HHA5)- were higher than the new rules allowed, and announced for the first time ever that long-term exposure "may" cause liver, kidney and rectal cancer, birth defects and nervous system problems.
Although she still can't know for certain, since reading the notices Ford is convinced: "I do think the water caused all the problems."
Kemp residents have plenty of company across small-town Texas, where the federal and state agencies just last year began posting violation notices while enforcing limits on the two carcinogens in chlorinated water systems. Until now, most small-town residents have never heard of TTHM and HHA5, which are called "disinfectant byproducts" because they are produced when chlorine mixes with certain kinds of surface waters.
No media organization has informed the public about them or the ongoing current struggle among towns statewide to comply with new enforcement regimens. Swirls of controversy and decades of contradictory study about their effects on humans have remained largely confined to the scientific community deep within the bowls of regulatory agencies and academia.
In 1978, the U.S. Environmental Protection Agency set limits on the levels of TTHM and HAA5 for large-city water systems like those serving Dallas and Fort Worth. Adding certain counter-acting chemical agents in just the right doses can control TTHMs and HAA5.
But the EPA did not get around to rolling out the same standards for systems serving populations under 10,000 until a few years ago, when testing gave lab rats fatal cancers. Enforcement and regular testing of small water utilities trying to counteract their TTHMs and HAA5s began in earnest about 18 months ago.
So CBS 11 News embarked on an investigation five months ago to learn about TTHMs and HHA5 and determine what, if any, health impact their presence in small town water systems might have had on long-term residents, as well as to assess how well towns have been are able to comply with the rules.
In July, CBS 11 News obtained records reflecting all notices of violation that have been issued in Texas by the Commission on Environmental Quality. Those records show that some 400 Texas water utility systems have been cited for non-compliance since the middle of 2004, from the Gulf Coast community of Surfside, to the Arkansas border region in far northeast Texas and just about everywhere in between.
The non-compliance records obtained by CBS 11 showed that more than 100 of the systems had twice the allowed level of one or both carcinogens and that more than 30 others tested at three times the minimum level, despite expensive ongoing efforts by most to clean up their water.
As of this summer, Central Texas communities in Coke County, Runnels, Three Rivers, Robert Lee and Paint Rock were registering TTHMs and HAA5 in the water at five, six, even seven times the allowable limit.
Small town administrators tell CBS 11 that finding the money for remedial chemicals and then getting the chemical recipe just right has been difficult.
Wills Point, about 50 miles southeast of Dallas, is a case in point. City Manager C.C. "Butch" Girdley said his town has failed testing several times in recent months because the process of determining how and where to place neutralizing chemical agents has been a guessing game. But he said each time state agents have found improvement each time they test Wills Point water and he expects to be in compliance shortly.
Girdley acknowledged that some residents have expressed concern about the public notices going up around town but that neither he nor anyone else around town is overly concerned.
But he and many other officials of local, state and federal agencies seemed to downplay the cancer risk of drinking the water. "I can only go back and say we are meeting the requirements," Girdley said, when asked if he worried about his town's long-term exposure to the local water supply.
A key question CBS 11 sought to answer in its investigation was whether exposure to carcinogenic water in small towns, over periods of time amounting to decades longer than big city residents, caused higher concentrations of cancer and other diseases in those towns.
But health experts seem to disagree about everything except that more study is needed to determine whether TTHM and HAA5 actually cause cancer in humans. But studies and research abound on this point, some of it dating back decades.
In 1993, for instance, the American Journal of Public Health cited "a significant association" between consumption of TTHM and HAA5 and more than 11,500 annual cases of rectal, bladder cancers per year nationwide.
Blake Atkins, chief of the EPA's drinking water section for the region encompassing North Texas, told CBS 11 that research, and especially the recent tests done on lab rats, were enough for the agency to "err on the side of caution" by implementing a multi-billion-dollar enforcement program covering all small water systems, instead of just large ones.
"We've found that with laboratory animals high levels of these contaminants can cause cancer, and so we extrapolated that high levels can cause cancer in humans, as well," Atkins said. "But these levels we're exposing animals to are much, much higher - hundreds of times higher - than what people would find in their drinking water supplies."
Atkins and other experts acknowledged, however, a noticeable lack of studies specifically seeking to learn the impact of the carcinogens on human subjects. Those that are available conflict.
In August, CBS 11 contacted the Texas Cancer Registry, a state agency in the Department of Health that conducts statistical analyses in efforts to locate unusual cancer clusters. The agency agreed to run analyses on Kemp and five communities whose water has tested up to five times the acceptable levels.
Analyses of cancer mortality rates in Kemp, Three Rivers, Runnels, Paint Rock, Coke County and Robert Lee found nothing unusual, according to reports the agency later released to CBS 11.
But Senior Epidemiologist Melanie Williams acknowledged that the statistical analyses of cancer mortality rates are less than reliable, mainly because people migrate in and out of communities over the relatively long latency period for cancer. So, someone counted in the agency's analysis as a cancer death may have gotten the cancer elsewhere, and someone who got cancer in one of the tested communities may have moved away and died elsewhere.
"There should be some level of comfort," in the agency's findings, Williams said. "But again, we're not trying to be the answer to, are there water problems. This is just the first crude step...and so we don't try to be the end all, be all."
Whether or not Texas water utilities have long presented a death threat, residents of small towns throughout Texas are wondering - and worrying as violation notices go up.
People like Kemp resident Lisa Guthrie, who has watched friends and neighbors die of cancer and mysterious ailments, know a very real fear. "It's scary. It's scary," she said. "It's become like an epidemic."
Not far away, the town of Terrell has also been cited for TTHM and HAA5 violations in recent months. Some residents dismissed the possibility that they might get sick from years of drinking water with elevated levels of carcinogens in it. Others said they were completely unaware of any problems; no one has ever told them about one.
But when shown violation notices, some Terrell residents stopped and pondered the news. One of them was Arthur Morgan, who said no media outlet or city official had ever mentioned carcinogens in the tap water he has been drinking for decades.
Then he thought of his wife. He said she has cancer right now and is being treated at a Houston hospital.
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U.S. Microbics Engages Oaktree Ventures, Inc. for Capital Formation Friday December 2, 9:45 am ET Funds for Mexico Operations and Agricultural Growth Products
CARLSBAD, Calif.--(BUSINESS WIRE)--Dec. 2, 2005--U.S. Microbics Inc. (OTCBB:BUGS - News) announced today that it has entered into an engagement agreement with Oaktree Ventures, Inc. for business advisory services related to the company's Capital Formation requirements for future growth in the environmental cleanup services, agricultural growth enhancement products and corporate working capital. The company is seeking up to $20MM in equity, debt or revenue participation instruments using the business advisory services and financial expertise of Oaktree management. ADVERTISEMENT
Oaktree Ventures is a business advisory organization with expertise in Corporate Finance, Business Combinations, Corporate Valuations and Strategic Alliances between businesses.
Dennis Gunn, Managing Director of Oaktree Ventures, Inc., stated, "We are pleased to be associated with BUGS as a strategic business advisor. The company's rich history of applications technology in environmental clean-up and agricultural growth enhancement products together with its patented processes and proprietary fermentation and blending techniques, could potentially help millions of people who face daily environmental problems, dirty water resources and food shortages. We would like to assist BUGS management develop a game plan to realize its goal of becoming a global environmental technology leader."
Robert Brehm, president of U.S. Microbics Inc., said, "We chose Oaktree for their past success in capital formation, corporate valuation and advisory services for many successful companies. With our current optimistic outlook in Mexico with our subsidiary, Sub-Surface Waste Management (OTCBB:SSWM - News) and the potential worldwide market for our agricultural products, BI-AGRA(TM) and Bio-Miracle(TM), we need to access institutional sources of growth capital based upon a new valuation model other than stock price. We are engaging Oaktree to evaluate our current position and future potential and create a game plan to raise additional capital to implement our strategic plan to increase revenue, earnings and shareholder value as we help solve many of the pressing environmental problems of the 21st century."
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.
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So, did Brehm let us all know the size of the contracts today with that news release? Will Oaktree be using the first 20MM contract as colateral for those loans?
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And will that 20MM give them the bonding that they need for some very nice contracts in the U.S.? I am thinking that the answer is Yes! Isn't there some hurricane work that needs to be taken care of very soon?
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