Bio Solutions Manufacturing Signs Lease Agreement for R&D Facility.BSLM BSLM Business Service Level Management intends to commence testing for ASTM ASTM abbr. American Society for Testing and Materials approved Bio-diesel Fuel LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Bio Solutions Manufacturing, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: BSLM) (Frankfurt: B2T B2T Back to Topic B2T Business to Technology B2T Business to Treasury B2T Business to Trade B2T Bounce to This ) announced today that it has signed a commercial lease agreement for a Research and Development Center in Hawley, Pennsylvania Hawley is a borough in Wayne County, Pennsylvania, United States. The population was 1,303 at the 2000 census. The borough was named for Irad Hawley, first president of the Pennsylvania Coal Company. . The initial task is to produce samples of ASTM-nationally approved bio-diesel from liquid brown trap grease over the next several weeks, and to then provide a suitable environment to demonstrate this process to haulers, blenders, and commercial and municipal waste disposal officials interested in turning this "messy nuisance" into a valuable resource. Peter Chapin, President of the Company's Bio-Extraction Services subsidiary, stated, "This facility is the next step in turning our technical expertise and proprietary technology into a viable business opportunity. We are looking to combine our patent pending bio-extraction devices, which are installed in over thirty different locations to separate grease from water, our proprietary formulations for handling grease, and our experience in handling liquid brown trap grease in a variety of commercial and municipal locations, to establish ourselves as leaders in the bio-diesel market. "We believe that bolting our proven 'front end' proprietary pre-screening technology with 'back end' off-the-shelf conversion methods should reduce the technology risks associated with the bio-diesel process. In addition, we have developed a 'cookie-cutter' design philosophy for our proposed plants that are scalar, modular, and designed to provide convenient geographic coverage, which is unlike our competitors' approach of large, stand-alone plants." About Bio Solutions Manufacturing, Inc. Bio Solutions Manufacturing has developed microbiological products for waste bioremediation bi·o·re·me·di·a·tion n. The use of biological agents, such as bacteria or plants, to remove or neutralize contaminants, as in polluted soil or water. . The Company's products are currently used by many municipal collection systems and food service facilities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Company's products have been approved by municipalities for use in food service facilities that produce waste products introduced into the municipal collection systems. The Company's products treat waste in an environmentally friendly and safe manner in compliance with Federal and State government standards. The Company has developed a line of environmentally friendly cleaning products that include all-purpose cleaner, carpet cleaner, concrete and asphalt cleaner, and floor soap. In addition, the Company is developing a unique, patent-pending grease extractor to be used in conjunction with bioremediation solutions to extract desired oil and grease to be converted into value-added product, such as biodiesel fuel. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for Forward-Looking Statements This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, lack of operating history and experience in the biodiesel market, history of losses, lack of employees, risks in maintaining intellectual property, fluctuations in biodiesel fuel and energy prices, competition from other alternative energy sources, lack of working capital, debt obligations, disputes with the company's distributor and affiliated parties, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , general economic conditions in markets in which the company does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission. |
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