posted
German Bank Issues LOI for $33MM for SSWM Environmental Emergency Response Stations in Veracruz, Mexico Wednesday June 7, 3:57 pm ET SSWM/ETI to Equip and Operate Eleven Stations under Five Year Agreement
CARLSBAD, Calif.--(BUSINESS WIRE)--June 7, 2006--Sub-Surface Waste Management of Delaware, Inc. (OTCBB:SSWM - News), announced that officers of its Mexico subsidiary company, Environmental Tec International, S.A. de C.V. (ETI) have arranged for and received copies of letters of intent from Deutsche Forfait Bank (http://www.defag.de) sent to the State of Veracruz to provide $33 MM USD to equip eleven (11) Environmental Emergency Response Stations whose equipment procurement and staffing will be performed by ETI under a five year operating agreement with the State\'s Sub Secretary of Civil Protection. ADVERTISEMENT
In meetings this past weekend during the 2006 Rains and Hurricanes Seminar hosted by Governor Fidel Herrera of the State of Veracruz, ETI executives were informed by Sub Secretary Ranulfo Marquez for Civil Protection that the order for establishing Environmental Emergency Response Stations has been increased from an original eight (8) to eleven (11) stations to be co-located at strategic Civil Protection response yards around the State.
Bruce Beattie, CEO of SSWM, stated, "We are very excited to obtain the letters of intent from DF Bank and look forward to staffing, training and operating eleven emergency response stations throughout the State of Veracruz to address civil protection and exposure to toxic releases that occur periodically as well as during storm events such as hurricanes. We applaud Governor Herrera and his staff for their pro-active efforts in creating a comprehensive environmental emergency response and remediation service capability."
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 www.subsurfacewastemanagement.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.
Contact: Sub-Surface Waste Management of Delaware, Inc. Bruce Beattie, 760-918-1860, ext. 105 bbeattie*bugsatwork.com www.subsurfacewastemanagement.com
-------------------------------------------------------------------------------- Source: Sub-Surface Waste Management of Delaware, Inc.
Posts: 235 | Registered: May 2006
| IP: Logged |
posted
Interesting comment, Peaser. Half of this money will probably be used to pay Mexican Mafia protection money. Half of the remainder will end up in the pockets of corrupt Mexican politicians and corrupt business men.
quote:Originally posted by Purl Gurl: Interesting comment, Peaser. Half of this money will probably be used to pay Mexican Mafia protection money. Half of the remainder will end up in the pockets of corrupt Mexican politicians and corrupt business men.
Purl Gurl
Yup, my thoughts exactly Purl, gotta pay off the drug lord's for protection IMO.
That last S-8 too. Don't forget that.
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
| IP: Logged |
posted
I told you guys nobody paid attention. Now look you seeing the big run and you could of all had profits
Posts: 85 | From: South Beach | Registered: May 2006
| IP: Logged |
posted
Oh my goodness! Fifty-six-million shares traded and BUGS is up thirty-six-one-thousandths of a cent! Darn this one is skyrocketing! By the end of market day, this one might zoom up a good fifty-one-thousandths of a cent!
At this blast off rate, in ten years BUGS will be up a whole penny!
quote:Originally posted by aristoentertainment: I told you guys nobody paid attention. Now look you seeing the big run and you could of all had profits
LOL, not much of a run IMO. Did you play this last year with Dusty and I from .015 area to .07? Good luck here.
You need to read the PR more closely. It doesn't say anywhere in there that SSWM is getting any of this money.
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
| IP: Logged |
posted
chart looks good for a bounce and plus news just came out BUGS -- U.S. Microbics Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: SSWM Subsidiary Receives Authorization for $2 Million of New Contract Awards in Puebla, Mexico; ETI Provides Quick Response to Governor's Request
CARLSBAD, Calif., Sep 15, 2006 (BUSINESS WIRE) -- Sub-Surface Waste Management of Delaware, Inc. (OTCBB:SSWM), announced that its Mexico subsidiary company Environmental Tec International, S.A. de C.V. (ETI) received a letter of authorization from the State of Puebla's Governor, Mario Marin Torres, authorizing Puebla's Secretary of the Environment, Francisco Montemayor, to contract with ETI to address two separate sites, critically impacted from petroleum product releases, that have closed established freshwater stream fed commercial aquatic fish farm sites in the northern area of the State.
Bruce Beattie, CEO of SSWM, stated, "The Los Pinos, Puebla project contract is valued at $902,000 USD and the San Lorenzo, Puebla project contract is valued at $1,078,000 USD. ETI staff will commence work at these sites immediately."
About Sub-Surface Waste Management
Sub-Surface Waste Management Inc., a majority owned subsidiary of U.S. Microbics, Inc., (OTCBB:BUGS), 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 www.subsurfacewastemanagement.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.
SOURCE: Sub-Surface Waste Management Inc.
CONTACT: Sub-Surface Waste Management Inc. Bruce Beattie, 760-918-1860, ext. 105 bbeattie*bugsatwork.com www.subsurfacewastemanagement.com
Copyright Business Wire 2006
-------------------- Learning The Way Of Life.... Posts: 658 | From: Phoenix, Arizona | Registered: Dec 2005
| IP: Logged |
posted
If BUGS doesnt move on this, then there might be something wrong with the company..... Let see what it does next week. Oh I am trying to load more at .0101 as well.......
-------------------- Learning The Way Of Life.... Posts: 658 | From: Phoenix, Arizona | Registered: Dec 2005
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Mad]](mad.gif)
![[Big Grin]](biggrin.gif)
