posted
It's a very good possibility. The clean-up area is so large that it may take multiple companies working together to clean it up. I believe that the microbes are the best possible silution to eating up the spilled oil down there. Also, hurricane Ophelia jus flooded the Carolinas. Could be some nasty sewage in need of clean-up there as well. Who knows?
One thing is for certain, The money coming in from Mexican contracts sure is gonna look sweet in the next 10Q.
posted
We might see some buys going through here in the last half hour of trading for the day. I like these low volume days. The low volume is keeping BUGS moving up slow and steady and under the radar, not many sells in the past few days.
posted
Always take your profits. Glad to hear you made a little money. I just hope that you don't miss a big PR tomorrow or over the weekend. That's what scares me about flipping this. With GNET sitting at .04 with a monster bid, I have a hard time believing it will retrace that far. If it does, I'll buy more.
posted
I don't think it's going to the .039 range soon....I think it will begin a slow growth process within the trend. But, if i'm wrong, what the hay? Buy at lower prices. I think this is a long hold...
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Thank you very much for your email note regarding the situation on the Gulf Coast and in particular in New Orleans and Lake Ponchatrain. I share your concerns that the impact on Lake Ponchatrain will be severe and that its recovery may take a considerable amount of time and effort. As you've probably seen on the news over the weekend, the EPA Regional Office (Region 6) and the Office of Water national program office have a number of people in New Orleans and the other coastal parishes who are there to assess the impacts. Preliminary information indicates that there may be substantial problems with coliform bacteria, petroleum and other chemical residues and lead. EPA is monitoring the water for over 100 priority pollutants.
Because the need to remove the hazard from the city and surrounding parishes to protect human health is so dire, EPA has allowed the contaminated water to be pumped back into the lake. There appear to be no other alternatives for removing this volume of water. I think the hope is that natural processes in the Lake will break down some of the chemical contaminants before they are released into the gulf, but I think everyone acknowledges that at least for the present time there will be serious problems and hazards in Lake Ponchatrain. The EPA Regional office is working very hard to assess those conditions and advise the public about the hazards http://www.epa.gov/katrina/testresults/chem/090305/chem2005_09_03.html
I'm not sure what may be under discussion with regard to treating the water in Lake Ponchatrain before it is released to the gulf. I expect that it would be costly and logistically difficult. Lake Ponchatrain water is already discharging into the gulf and some of the contamination, no doubt is moving with it. It seems at the moment that the hope is that natural ecological processes and dilution of the pumped water, both in Lake Ponchatrain and out in the gulf will adequately mitigate the problem over time. I think that as the assessments continue we may have additional information to guide us toward any additional steps. The driver at the moment is restoring safe conditions as quickly as possible for the people of New Orleans and the surrounding area. One of the priority steps for that will be to restore sanitary and drinking water treatment as quickly as possible. I suspect that building new infrastructure to treat the lake water before it discharges into the gulf might severely challenge the resources available to get sanitary and drinking water treatment back on line.
I wish I had a better answer.
Jerry Filbin
--------------------------------------------------- Gerald J. Filbin, Ph.D., Director Innovative Pilots Division (1807T) Office of Policy, Economics and Innovation US Environmental Protection Agency 1200 Pennsylvania, Ave., NW Washington, DC 20460
202-566-2182 202-566-2211 FAX ----- Forwarded by Gerald Filbin/DC/USEPA/US on 09/12/2005 12:41 PM -----
COMMENTS_OF_REQUESTOR
Lake Ponchatrain Clean Up
My question is, How is Lake Ponchatrain going to get cleaned up after they finish pumping all of this toxic materials in it? Has anyone thought of who is going to clean it up?
I came across one company that looks like it would be ideal for this situation.
Shirley Bruce, Team Leader Outreach Team (6WQ-CO) William B. Hathaway, Director Water Quality Protection Division (6WQ) US EPA Region 6 1445 Ross Ave., Suite 1200 Dallas, TX 75202-2733 214-665-8141 214-665-6490
COORDINATORS:
Debora Browning 214-665-8025 Dorothy Brown 214-665-8141
Please help me get the word out about BUGS to the right people. The more that know and hear what BUGS can do, the better chance Lake Ponchatrain can get cleaned up.
BUGS Subsidiary Prepares Cost Estimates for New Work in Mexico
September 16, 2005 09:15:01 (ET)
CARLSBAD, Calif., Sep 16, 2005 (BUSINESS WIRE) -- Sub-Surface Waste Management of Delaware, Inc. (SSWM, Trade) announced that senior engineers from its Mexico subsidiary company Environmental Tec International, S.A. de C.V. (ETI) and representatives from its strategic alliance and teaming partner, the Zaragoza Graduate School of Studies of the National Autonomous University of Mexico (UNAM), have been asked by the Mexican state oil corporation, Petroleos Mexicanos (Pemex), to submit detailed cost estimate engineering proposals to address urgent environmental compliance and remediation needs at Pemex operating facilities. The ETI/UNAM engineering team recently completed site visits to gather data for submitting their report as soon as possible in order that work can be commenced.
Representatives of ETI will be joining Governor Mario Marin Torres in his scheduled meeting Monday, September 19 with Pemex's President Mr. Luis Ramirez Corzo to discuss proposed remediation activities and a financing plan to address recent and historic releases of petroleum products from pipelines and bulk terminal facilities in the State of Puebla.
As previously reported, ETI will be responsible for restoration activities on contaminated areas including farming lands, rivers and water reservoirs in Puebla working through Governor Mario Marin Torres and his Secretary for the Ministry of Environment.
About Sub-Surface Waste Management
Sub-Surface Waste Management Inc. is a majority owned subsidiary of U.S. Microbics, Inc. (BUGS, Trade) 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.
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.
SOURCE: Sub-Surface Waste Management of Delaware, Inc.
Sub-Surface Waste Management of Delaware, Inc. Alan Kau, 888-795-3166 http://www.bugsatwork.com/19.asp Copyright Business Wire 2005
-------------------- Pennies...Get in, Get out, Get a profit!
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posted
The one behind GNET on the ask is controlling the price I believe. Someone has a big buy order in for a lot of shares at a cheap price, my guess is the same person who has the sell order in has the buy order in. Someone knows something about BUGS I strongly believe. As soon as GNET gets his big buy orders out of the way, look for GNET to drop of the Ask. It's a classic market manipulation strategy on a low volume stock.
One person is basically controlling this stock today to buy more shares.
posted
Governor of the State of Puebla, Mexico Directs the National Autonomous University of Mexico to Fund SSWM Subsidiary Projects Thursday September 8, 9:45 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--Sept. 8, 2005--Sub-Surface Waste Management of Delaware, Inc. (OTCBB:SSWM - News), announced that its Mexico subsidiary company Environmental Tec International, S.A. de C.V. (ETI) was named specifically in an official correspondence dated September 1, 2005 signed by Governor Mario Marin Torres of the State of Puebla, Mexico directing ETI strategic alliance and teaming partner the Zaragoza Graduate School of Studies of the National Autonomous University of Mexico (UNAM) to provide immediate funding for engineering assessment and remediation of hydrocarbon discharges due to antiquated pipelines and storage tank farms. The recent Petroleos Mexicanos (Pemex) pipeline spills in Puebla have accounted for the contamination of hundreds of acres of productive farming land, rivers and lakes. ADVERTISEMENT
Bruce Beattie, CEO of SSWM stated, "In the Governor's letter UNAM was also instructed to work with ETI to form an Emergency Response Center in Puebla coordinating with the State's Ministry of Environment to train specialized environmental Engineers and Technicians to respond to future spills of hydrocarbons in the State."
On Friday September 2, 2005 Governor Mario Marin Torres held a press conference covered by local and national media reprimanding Pemex, the state owned oil company, for the irresponsible management of their petroleum pipelines in Mexico, specifically in the states of Puebla, Veracruz, Tabasco and Campeche. The following day, September 3, 2005, Mexico's leading newspaper -- The Reforma -- quoted the Governor as he stated that the three most recent spills of crude oil and gasoline have contaminated water reservoirs, farm lands and rivers, in some cases impacting up to hundreds of acres.
Governor Mario Marin Torres has formed an alliance with the governors of Veracruz, Mr. Fidel Herrera, Tabasco, Mr. Manuel Andrade and Campeche, Mr. Jorge Carlos Hurtado Valdez, to ensure immediate restoration and remediation of the areas affected with Pemex's crude oil and gasoline releases, as these states have experienced hundreds of hydrocarbons spills during this year.
Governor Mario Marin Torres has requested an immediate meeting with the President of Pemex, Mr. Luis Ramirez Corzo to obtain Pemex's immediate acceptance of these remediation activities and their financial support for the same.
Environmental Tech International will be responsible for the majority of the restoration activities vis-a-vis these contaminated areas, i.e.: farming lands, rivers and water reservoirs in Puebla working through Governor Mario Marin Torres and his Secretary for the Ministry of Environment.
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.
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.
-------------------------------------------------------------------------------- Contact: Sub-Surface Waste Management of Delaware, Inc. Alan Kau, 888-795-3166 http://www.bugsatwork.com/19.asp
It's nice to know that the Mexican Government has all ready ok'ed the funding for the work that BUGS will be doing in Mexico to clean it up. Now we just need to know how much BUGS will be getting in these contracts.
1 $10 million contract = about .20 in Price Per Share
posted
Shoot, it might just turn around and go up in the next 30 minutes. Next week should be a good week with the estimates being figured up and hopefully announced.
posted
Every time I've voiced and opinion about BUGS it's been cantankerous enough to do exactly the opposite. Thus....therefore......hence.....and for the future, I'll try this:
This is the worst piece of *(&* stock I ever saw and I can't see any way it can even stay afloat. We'll be hearing of filings of bankruptcy any day now. Get out now. Just my opinion, of course....
Now we'll see.... Just in case, though, I have an emergency call across town to the and old friend the albino Mexican witchdoctor, Hecter Feliz, who learned the secret art as a boy from ancient Aztec master in the rain forest of central Mexico.
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posted
Maybe we need a session with him - this has been one ugly week - red across the board for me - I need to break the bad streak & get the mojo workin again.
-------------------- Live long, dig deep, & prosper.
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posted
Well, if you do get a session with Hecter, DON'T let him talk you into playing cards. I've tried to explain to him that arranging the cards with the aid of black magic ain't fair, but Hecter just says winnings fair.
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FEMA already is sending more than $100 million to reimburse the city for recovery expenses, and the city is close to signing a number of contracts for the work, Nagin said. The city’s only final contract as of Monday was for a waste-management company to clear debris.
quote:Originally posted by Peaser01: As of Monday Sept 12th:
FEMA already is sending more than $100 million to reimburse the city for recovery expenses, and the city is close to signing a number of contracts for the work, Nagin said. The city’s only final contract as of Monday was for a waste-management company to clear debris.
quote:Originally posted by bdgee: Every time I've voiced and opinion about BUGS it's been cantankerous enough to do exactly the opposite. Thus....therefore......hence.....and for the future, I'll try this:
This is the worst piece of *(&* stock I ever saw and I can't see any way it can even stay afloat. We'll be hearing of filings of bankruptcy any day now. Get out now. Just my opinion, of course....
Now we'll see.... Just in case, though, I have an emergency call across town to the and old friend the albino Mexican witchdoctor, Hecter Feliz, who learned the secret art as a boy from ancient Aztec master in the rain forest of central Mexico.
------------------------------------------------- Well I guess those eat anything Microbes don't scare ya?
Where's some news, opinion, blind pumping/bashing sumpin?
Quess everyone is keeping a low profile so as to get in cheap in da morning.
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posted
Hecter, not Hector, Tex. Maybe you already do. He hangs out on the north side, usually somewhere along Sylvania, now-a-days. If you have met him and made the mistake of betting with him, ya lost. Hecter cheats.
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