US Microbics Inc. (BUGS)
Bought in at .032
July 2005 price: .01
$3500 invested long term.
Reason: Strong Growth Potential
Contracts coming from cleaning up PEMEX Oil spills in Mexico. PEMEX is putting up $3 Billion for clean-up over the next 5 years. Currently has designated $1.3 Billion for clean-up. BUGS has prepared estimates for PEMEX. Just awaiting a big PR announcing the contracts.
Last PR:
BUGS and SSWM End Fiscal Year 2005 on Upbeat Note
Friday September 30, 9:45 am ET
Record 2005 Revenues and International Opportunities Prelude to 2006 Success
CARLSBAD, Calif.--(BUSINESS WIRE)--Sept. 30, 2005--Robert Brehm, CEO of U.S. Microbics, Inc. (OTCBB:BUGS - News; BCN:615212), an innovative environmental products and services company, announced that BUGS has completed FY 2005 with record-breaking revenues and backlog, new patented technology, a new website, and new business opportunities in Mexico that sets the pace for an optimistic FY 2006 that should bring the company's innovative environmental clean-up solutions to international customers seeking to solve their country's environmental problems using local resources and labor with the help of BUGS' engineering services, proprietary products and patented processes.
Brehm commented on the FY2005 accomplishments, "2005 has been an exciting year with many accomplishments and I am proud to be associated with a group of loyal employees who understand the wisdom and commitment we have in making the world a better place using mother nature's technology applied with engineering precision."
Brehm added, "The Mexico operations, under the guidance of Sub-Surface Waste Management (OTCBB:SSWM - News), continued to generate record-breaking revenues each quarter this fiscal year (up 82% in first 3 months, 129% in six months, and 334% in nine months compared to prior year), indicating improved market acceptance of our technology and services. We expect revenues to further increase as we complete existing contracts and receive additional contracts in Mexico." A recent interview given by Mr. Brehm including an update on progress in Mexico is available at www.CEOCFOinterviews.com.
Brehm continued, "As our world population grows and per capita resources are shrinking, innovative methods to provide clean air, soil and water are being sought out by many second and third world countries where environmental priorities have been ignored but now must be addressed to be in compliance with World Trade organization policies and public healthcare concerns. Over the past year we have had many inquiries from countries that need to clean up environmental contamination impacting their water supplies and causing sickness, disease and poverty conditions. In response to this pressing need, BUGS created a multi-language website at www.bugsatwork.com that educates potential customers, including in-country engineering teams, on developing their skills on assessment, quantification and treatment of the problem using our technology, project management and engineering skills.
"Our research and field development team was also busy this year as it had published its patented water treatment technology, Bio-GAC(TM) (Patent No: US 6,905,603 B2) for the treatment of toxic waste streams such as those caused by Hurricane Katrina and other man-made and natural disasters. We expect to license this technology in 2006 and use it in our own projects," added Brehm.
Speaking on customer education, Brehm said, "This year we created coloring books and comic books in English and Spanish for both the environmental newbie and kids at www.MikeyMicrobe.com. Coupled with our new BUGS website, these two websites allow potential investors, customers and clients and interested parties new insight into our technology, our management and our success in cleaning up the world."
Brehm commented on the increased share price and investor interest by saying, "After many years of hard effort by all our dedicated employees, I have never seen this level of investment community interest in our future potential. It seems like we are getting many offers and proposals for new business opportunities, financing alternatives, potential mergers or acquisitions, new technologies to license or just new investment by existing shareholders. If we maintain our current growth rate, we anticipate being cash-flow positive within the next twelve months, opening up new opportunities for growth and stock appreciation."
About U.S. Microbics Inc.
U.S. Microbics is a business development and holding company that acquires, develops and deploys innovative environmental technologies for soil, groundwater and carbon remediation, air pollution reduction, modular drinking water systems, and agriculture enhancement. For more information on the company or its Strategic Partner Program, contact Robert Brehm at 760-918-1860 x102 or visit the website at 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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Contact:
U.S. Microbics Inc.
Robert Brehm, 760-918-1860 x102
bugsatwork.com.
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Source: U.S. Microbics Inc. |
