| BUGS -- U.S. Microbics Inc.
Insider Buying: secform4.com
Latest PR:
SSWM Presentation Well Received at Investment Conference
Tuesday October 4, 9:45 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--Oct. 4, 2005--Robert Brehm, CEO of U.S. Microbics, Inc. (OTCBB:BUGS - News; BCN:615212), an innovative environmental products and services company, announced that the presentation by Sub-Surface Waste Management of Delaware, Inc. (OTCBB:SSWM - News), at the Southern California Investment Association's National Investment Conference in Irvine, CA on October 1, was received very well by a large audience of qualified venture capitalists, NASD broker/dealers, investment and merchant bankers, investment advisors, analysts, market makers, fund managers, financial service professionals, and business development consultants looking for emerging growth companies with exciting futures.
Brehm commented on the excellent response by saying, "We used this presentation opportunity to showcase SSWM and the incredible opportunities we have to help the people of Mexico solve many of their pressing environmental concerns using our patented bio-nanotechnology and precision engineering services coupled with local labor and equipment resources. With recent announcements of PEMEX funding for environmental cleanup and emergency response opportunities in various states, SSWM is on the verge of major expansion potential that should be of interest to anyone concerned about clean air, water and soil and related investment opportunities."
Brehm further elicited, "Our message was to get the audience excited about our future and the social and financial rewards available with their help as we clean up the world's messes. Based upon the interest and many new business contacts made I believe our message was well received and we will consummate additional resources to accelerate our growth progress." The SSWM presentation slides are available at www.bugsatwork.com/news.htm.
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.
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.
More About U.S. Microbics
U.S. Microbics, Inc. (BUGS) is recognized as a leader in the bioremediation industry. The roots of the company go back to four decades, to the pioneering work of George Robinson, who first advanced the idea of using microbes to consume oil spilled along the coast of Santa Barbara, California. His legacy includes thirty-years of theoretical and empirical research leading to the successful formulas for microbe separation, ultra-high yield fermentation, consortium formulations for specific problem solving tasks, long term storage of microorganisms, and completion of field-successful applications. Mery Robinson, George Robinson's daughter, is Executive Vice President of U.S. Microbics, and President of two of the Company's subsidiaries.
Operationally, U.S. Microbics consists of six majority-owned subsidiaries using biological technology to revolutionize environmental clean-up and agricultural growth.
1. Sub-Surface Waste Management of Delaware Inc. (SSWM) - provides comprehensive civil and environmental engineering project management services. Sub-Surface Waste Management's team designs, permits, builds, and operates environmental waste clean-up treatment systems using conventional, biological, and filtration technologies.
2. XyclonyX - develops and applies its key technologies that include patents, proprietary knowledge, products, processes, and expert personnel. XyclonyX technologies are sold to the environmental, petrochemical, agricultural, and waste treatment markets. XyclonyX has developed a formulation for mass producing proprietary microbial blends in liquid and powder forms.
3. West Coast Fermentation Center, Inc. (WCFC) - cultivates microbial cultures for the Company's product lines: Bi-Agra Remediline and Wasteline. WCFC operates a microbe laboratory, pilot plant, and quality control center. WCFC produces microbial blends using fermentation technology, powder blending, and combinatorial liquifaction.
4. Sol Tech, Inc. (doing business as Wasteline Performance Corp.) - was formed specifically to serve markets for treating wastewater in the U.S.A. and internationally.
5. Bio-Con Microbes, Inc. - provides microbial blends and bio-processing treatment systems for agricultural yield enhancement, odor control, insect control, and cogeneration. Bio-Con Microbes, Inc. has a wholly owned subsidiary in Mexico: Natura Agricultura, S.A. d. C.V., which has conducted tests that demonstrate microbial-based increases to sugar cane production.
6. USM Capital Group, Inc., a majority owned subsidiary by U.S. Microbics, Inc., provides financial services for the Company and its subsidiaries. In addition to assisting the Company’s subsidiaries in financing and business development, USM Capital Group, Inc. provides management consulting, administrative services, and other services to its clients.
BUSINESS EXPERIENCE OF DIRECTORS
ROBERT C. BREHM has served as our chief executive officer, president
and chairman of the board since July 1997. He also served as our vice president
from November 1996 to January 1997 and as a consultant through Robert C. Brehm
Consulting, Inc., an investment banking, investor relations and strategic
planning company. From July 1994 through the present, Mr. Brehm has served as
the president of Robert C. Brehm Consulting, Inc. From 1991 to 1994, he was the
president of Specialty Financing International, Inc., a finance procurement
company. Mr. Brehm has owned computer hardware, software, finance and consulting
companies. Mr. Brehm has a double engineering degree in electrical engineering
and computer science and an MBA in Finance and Accounting from the University of
California at Berkeley.
MERY C. ROBINSON has served as a director since September 1997 and our
executive vice president and secretary since September 1997. Ms. Robinson was
appointed chief operating officer on October 1, 1998. Ms. Robinson is the
founder of XyclonyX and has served as its president and chief executive officer
since August 1997. Ms. Robinson was the president of our subsidiary, Sub-Surface
Waste Management, Inc., from 1992 to 1995 and president of Omega Resources
Management from 1995 to 1997. From 1986 to 1992, she served as the vice
president of finance and administration of Westside Telephone Systems in Santa
Monica, California, a telephone interconnect service and equipment sales
company. Ms. Robinson has held various other positions in operating and starting
up high-tech engineering and biotech companies. She received her BS in
Journalism from California Polytechnic State University, San Luis Obispo, a
Masters of Science in Environmental Science/Engineering from California State
University, Dominguez Hills, and has and has attended the NFWBOsponsored/
Wharton Graduate School of Business/Entrepreneurial Mini-MBA program.
ROGER K. KNIGHT has served as a director since February 1990 and our
vice president-business development since July 1997. Mr. Knight has significant
experience in identifying business candidates for acquisitions, and served as
our president from January 1995 through October 1996. Mr. Knight retired from
the U.S. Navy as a Captain in July 1965, and has been involved in retail
operations since the mid-1970s.
ROBERT H. KEY is chairman and chief executive officer of Arivest
Corporation, a real estate investment and development firm, located in Phoenix,
Arizona. Arivest Corporation is the parent corporation of Corporate Realty
Advisors, Inc., a commercial real estate brokerage firm. Mr. Key joined Arivest
Corporation as president upon its formation in April, 1979. He holds a Bachelor
of Science degree from Arizona State University, Tempe, Arizona, (1972) with a
major in Business Administration. Mr. Key has been a general partner, real
estate broker, consultant or developer of a large number of commercial real
estate projects.
MARK A. HOLMSTEDT has 23 years of public finance experience covering a
variety of specialty areas. Mr. Holmstedt began his investment banking tenure
with Blyth Eastman Dillon Co. (now PaineWebber) and was the director in charge
of Bear Stearns Public Finance Department in Los Angeles prior to becoming a
principal of Westhoff, Cone Holmstedt. He has a particular expertise in
project financings and land secured transactions which involve the sale of
securities through the use of an assessment district, redevelopment agency,
community facilities district or combination thereof. Mr. Holmstedt graduated
with honors in Business Management and Finance from the University of
California, Davis.
CONRAD NAGEL has served as our chief financial officer since July 1998
and a director of Sub Surface Waste Management of Delaware, Inc.,since July
2003. Mr. Nagel was previously hired as the chief financial officer of Global
Venture Funding, Inc. in April 1997, and served us as a consultant from
September 15, 1997 through June 1998. Mr. Nagel has an MS degree in Accounting,
University of Kansas (1964), a BS degree in Business, University of Kansas
(1963) and has been a CPA since 1966. Mr. Nagel has been associated with SEC
work, auditing, and finance operations for the past 30 years including audit
manager for Touche Ross (now Deloitte Touche), vice president of finance of
Decision Incorporated, internal audit manager for Kaiser Aetna, Chief Financial
Officer for Calusa Financial Medical, Inc., vice president of finance for
Medical Capital Corporation and over 15 years CPA practice specializing in
taxation and SEC work.
Press Releases: finance.yahoo.com
SEC Filings: pinksheets.com
Website: bugsatwork.com
Address:
6451-C El Camino Real
Carlsbad, CA 92009
USA
Phone: 760-918-1860
Shares Outstanding: 218,946,646 (As of 8/19/2005 SEC Form 10QSB)
Shares Authorized: 500,000,000
Past Capital Change:
shs decreased by 1 for 20 split.
Pay Date: 1997-08-20
Formerly=Global Venture Funding, Inc. until 5-98
Transfer Agent:
Corporate Stock Transfer, Inc., Denver, CO 80209 |
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