Look again Brain!
Spoke a little too soon! CSMA is only up 18% or so right now, for the week, expect it to go a good bit higher the rest of the week! IMHO
More news:
Wednesday March 25, 7:25 am Eastern Time
Company Press Release
SOURCE: Coconino S.M.A.
Enviro-Tec Signs First Major Class V Disposal Contract; Company Expands Plant Property For Future Development
DUCHESNE, Utah, March 25 /PRNewswire/ -- Enviro-Tec, Inc., a unit of Coconino S.M.A., Inc. (OTC Bulletin Board: CSMA - news), announced that it has signed its first major contract to provide Class V, non-toxic industrial waste disposal capabilities for National Tank & Monitoring Corporation.
The Salt Lake City-based National Tank & Monitoring specializes in the cleaning of above and below ground storage tanks, including oil water separators, containments, processing tanks and holding pits.
According to Coconino president, H. K. Elrod, ''This contract represents a major milestone for Enviro-Tec as its first Class V contract, and an excellent disposal solution for National Tank & Monitoring. As Utah's first and only Class V disposal facility, we look forward to servicing their needs.''
Enviro-Tec is actively pursuing additional sources of immediate business, including municipal waste and livestock waste disposal.
''We expect to grow this business quickly,'' say Enviro-Tec president, Derry Moore. ''The field is huge and in this state, its all ours.'' Enviro-Tec recently purchased an additional ten acres adjacent to the property to provide for future facility expansion.
Coconino S.M.A. is a diversified company involved in natural resources development through its Coconino Oil & Gas, Inc. subsidiary located in Roswell, New Mexico, and non-toxic commercial and industrial waste disposal through its Enviro-Tec, Inc. subsidiary, with offices in Salt Lake City, Utah and Roswell, New Mexico. The company also offers consumer products and services through subsidiaries, Ad-HaTTeRs, Inc., headquartered in Centennial Park, Arizona, and LPS, Ltd., headquartered in Las Vegas, Nevada.
This release may contain forward-looking statements that involve risks and uncertainties, including, without limitation: continued acceptance of the company's products and services; increased levels of competition, new products and technological changes; the company's dependence upon financing, third-party suppliers, and intellectual property rights; government regulation; and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus.
SOURCE: Coconino S.M.A.
That's all for now. Expecting news on other ventures soon!
Happy investing!
KZAP |