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stocknet
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Did anyone see the 1M share order go thru today???? LOOKING STRONG!!
Posts: 61 | Registered: Mar 2005  |  IP: Logged | Report this post to a Moderator
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Looks like there will be a strong close and a gapper in the mornin'
[Smile]

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madOIL
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CHARLESTON, S.C., June 29, 2006 (PRIMEZONE) -- Wastech, Inc. (Pink Sheets:WTCH)
(the "Company"), today announced a $1.7 Million deal to acquire approximately
600 acres of mineral rich property in southern Illinois. The Company would not
yet define the exact location of the property prior to closing, however will
disclose that the property will be the subject of a coal reclamation, refining
and combustible fly ash storage operation, over a 10-12 year period, yielding
gross revenues, exclusive of tax credits and integrated alternate energy
prospects, of $13-16 Million.

Wastech plans a more detailed press release prior to the close of business
today.

About the Company

Wastech, Inc. is an Oklahoma-based, public holding company, with investments in
energy assets and proprietary waste management technologies, specializing in
alternate means of collecting, transporting, and disposing of liquid and solid
bearing wastes, as well as, integrated waste to energy programs, utilizing
environmentally friendly, cutting-edge conversion systems. Wastech currently
utilizes 8 patents in its business pursuits, and owns approximately 50,000 acres
of coal, coal-bed methane, and oil and gas rights across the mineral rich state
of West Virginia.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: The statements contained in this news release which are not historical
facts may be "forward-looking statements" that involve risks and uncertainties
which could cause actual results to differ materially from those currently
anticipated. For example, statements that describe Wastech's hopes, plans,
objectives, goals, intentions, or expectations are forward-looking statements.
The forward-looking statements made herein are only made as of the date of this
news release. Numerous factors, many of which are beyond Wastech's control, will
affect actual results. Wastech undertakes no obligation to publicly update such
forward-looking statements to reflect subsequent events or circumstances. This
news release should be read in conjunction with Wastech's annual report on Form
10-KSB for the fiscal years ended December 31, 2002, 2001, and other filings
with the U.S. Securities and Exchange Commission.

CONTACT: Wastech, Inc.
(843) 805-6620

Posts: 199 | From: beach, sc | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
   

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