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San Francisco Proposes to Ban Plastic Bags! Monday 03/26/2007 7:00 PM ET - Market Wire
Diamant Art Corporation (OTCBB: DIAAF) is pleased to announce that its line of environmentally conscious bio-degradable plastic wrap, bio-products and food films meet the demands of the proposed plastic ban in San Francisco.
The Board of Supervisors for the City of San Francisco have proposed a ban on plastics usage by large-scale grocery retailers in the San Francisco area. If this legislation is passed, large-scale grocery stores will be required by law to use grocery bags made of substances such as bio-degradable plastic that can be composted, recycled paper and reusable bags. This proposed ban is endorsed by the Mayor of San Francisco along with the majority of the Board of Supervisors of the City.
In view of the fact that San Francisco may be on the verge of becoming the first city in North America to ban plastic shopping bags as a result of their negative impact on the environment, Diamant believes that its bio-product line is ready to fill the void for bio-products needed in the San Francisco area. Diamant has already shipped 14.6 million feet of its custom-made orange bio-degradable pallet wrap to Sigma Supply of Arkansas and the remaining 7 million feet on order will follow in the next week.
Diamant Bio-Products contain Totally Degradable Plastic Additive (TDPA) Oxo-Biodegradable Technology. TDPA-based plastic products will degrade and ultimately biodegrade. Unlike other plastic, once biodegrading is complete, all that remains is carbon dioxide, water and biomass, all of which are part of the normal bio-cycle.
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, marketing, future events and performance of the Company which involve risks and uncertainties that could materially affect actual results.
Diamant Art Corporation and its wholly owned subsidiaries, Diamant Film Inc. and Bio-Plastics Film Inc. do not condone or participate in spam activities, e-mail and fax programs of any manner.
Investors should refer to documents that the Company has filed with the SEC for a description of certain factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release. Contact: Stefan Sudmundsson CEO and President Diamant 905-752-0220
SOURCE: Diamant Art Corporation
-------------------- Market Correction - The value of the stock always decreases after i buy it Posts: 317 | Registered: Feb 2007
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Wow....and was at .0003 yesterday morning....was gonna buy in at .0005 yesterday and now I'm gonna go jump out my window
Posts: 596 | From: New Jersey | Registered: Apr 2006
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Diamant Art Corporation Readies Its Bio-Product Line as San Francisco City Lawmakers Approve Ban on Plastic Grocery Bags Thursday March 29, 9:00 am ET
TORONTO--(MARKET WIRE)--Mar 29, 2007 -- In conjunction with yesterday's announcement that San Francisco city lawmakers approved a ban on plastic grocery bags, by a 10-1 margin, Diamant Art Corporation (OTC BB:DIAAF.OB - News) is readying its line of environmentally conscious bio-degradable plastic wrap, bio-products and food films to meet the demands of the new plastic-bag ban in San Francisco. ADVERTISEMENT
San Francisco Mayor Gavin Newsom supported the plastic-bag ban and is expected to sign it into law. As such, San Francisco would be the first city in the United States to pass such a ban. With the expectation that other cities will soon follow suit and demand that grocery stores and pharmacies only offer the choice of bags made of paper that can be recycled, plastic that breaks down easily enough to be made into compost, or reusable cloth, Diamant Art Corporation is preparing to meet the demands of the new ban in San Francisco, as well as future cities that adopt the legislation.
Regarding the new measure, Diamant Art Corporation, through its wholly owned subsidiary Diamant Film Inc., CEO and President, Stefan Gudmundsson, stated, "This is landmark legislation for the city of San Francisco. Hopefully, more cities will adopt the law and join the many countries throughout Europe and Asia that already prohibit non-bio-degradable based bags."
Diamant Bio-Products contain Totally Degradable Plastic Additive (TDPA) Oxo-Biodegradable Technology. TDPA-based plastic products will degrade and ultimately biodegrade. Unlike other plastic, once biodegrading is complete, all that remains is carbon dioxide, water and biomass, all of which are part of the normal bio-cycle.
Safe Harbor
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, marketing, future events and performance of the Company which involve risks and uncertainties that could materially affect actual results.
Diamant Art Corporation and its wholly owned subsidiaries, Diamant Film Inc. and Bio-Plastics Film Inc. do not condone or participate in spam activities, e-mail and fax programs of any manner.
Investors should refer to documents that the Company has filed with the SEC for a description of certain factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.
Contact: Contact: Diamant film Inc. Stefan Gudmundsson CEO and President 905-752-0220
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My hat is stationary, I bought this at the bell so that is why there has been a screeching halt to any upward movement!
Posts: 333 | From: Cullman, Al | Registered: Sep 2005
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I have been getting it handed to me lately......Eeore if you will! Oh Bother, lets see this hit .003 now!
Posts: 333 | From: Cullman, Al | Registered: Sep 2005
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Excuse me, did all the fun happen yesterday? Will she die right here at .0018 or is there hope for her to take off a little today?
Posts: 333 | From: Cullman, Al | Registered: Sep 2005
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It was listed that way yesterday afternoon on Etrade, I believe it was a mistake left over from yesterday morning where it opened.
Posts: 333 | From: Cullman, Al | Registered: Sep 2005
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I am here, I got stuck in this the other day.......dropped the ball and watched it flounder out of control so now I am UPSIDE Down in this until it gets back to around .0018
Posts: 333 | From: Cullman, Al | Registered: Sep 2005
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Trust me I wish I was somewhere else.....Oh like in a pile of SVSN from last week cheap
If this keeps on getting good news, like say a huge contract to make some Hippie Plastic Bags for SAN FRANS grocery stores, I hope to make some profit instead of having to jump ship with just my dignity, ya know?
Posts: 333 | From: Cullman, Al | Registered: Sep 2005
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