Bio-Con Acquires Manufacturing Plant in Mexico.Business Editors CARLSBAD, Calif.--(BUSINESS WIRE)--Sept. 18, 2000 US Microbics U.S. Microbics is a biotech holding company. Nicknamed "Bugs", it owns several subsidiaries that utilize its patented microbe technology. Bugs is notable because it is the first US Corporation to build a business around the various commercial uses for microorganisms. , Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BUGS), announced today that its subsidiary, Bio-Con Microbes, Inc. (Bio-Con), has acquired the manufacturing equipment, formulas, labels, and products of Acidos Humicos located in Culiacan, Mexico. The assets will become part of Agricultura Natura S.A. de C.V. (Natura Ag), the Mexico Subsidiary of Bio-Con Microbes run by Rene De Palomares. Gus Olson, President of Bio-Con, stated, "This acquisition will give Natura Ag a bio-rational fertilizer manufacturing capability. Products produced will include Penox(TM), Fertizone(TM), MicroVita(TM), FertiVita(TM) and other bio-rational fertilizers and biotics. These products will be sold internationally in conjunction with the Bio-Con Bi-Agra(TM) microbial microbial pertaining to or emanating from a microbe. microbial digestion the breakdown of organic material, especially feedstuffs, by microbial organisms. innoculants. Field research has shown that combining these products with Bio-Con's microbes significantly increases plant growth and yields." Olson further commented, "This facility should also allow us to send concentrate forms of Bio-Con's products manufactured in the US, to the Mexico facility for formulation and bottling, resulting in significant freight cost savings. Also, by completing the formulation work in Mexico and registering the products at a Mexican Federal Government level, we can take advantage of special trade relationships within Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Trade treaties allow many of the Latin American countries List of American countries Nations:
Bio-Con manufactures and distributes products and application systems that use microbial innoculants and bio-rational fertilizers that restore balance to the soil and result in healthier crops. In addition, the products help growers save money by cutting back fertilizers, pesticides, and fungicides This page aims to list well-known chemical compounds, to stimulate the creation of Wikipedia articles. This list is not necessarily complete or up to date – if you see an article that should be here but isn't (or one that shouldn't be here but is), please update the page while at the same time, reducing their adverse impact on our environment. For further information about the Agriculture products, contact Gus Olson at 760/776-8003, or to learn about the company visit the website at bugsatwork.com. Investor Relations Investor relations The process by which the corporation communicates with its investors. : DeMonte Associates, Cynthia DeMonte, Gail Johnson 212/473-3700, cdemonte@demonte.com or gjohnson@demonte.com. The information contained in this press release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . 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 The creator of this article, or someone who has substantially contributed to it, may have a conflict of interest regarding its subject matter. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. 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 Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial 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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