Biosafe's resale registration statement is declared effective.CAMBRIDGE, Mass.--(BUSINESS WIRE)--Nov. 7, 1995--BioSafe International Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BSFE BSFE Bureau of Surveillance and Field Epidemiology ) announced today that the Securities and Exchange Commission has declared effective the company's registration statement on Form S-1 relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the resale by certain security-holders of up to 16,606,356 shares of common stock, 122,719 Series A Warrants, 550,000 Series C Warrants, 2,799,375 Series D Warrants, 500,000 Series E Warrants and 720,000 Placement Agent Warrants. Holders may sell these securities from time to time directly, through brokers or otherwise on terms to be determined at the time of sale. Offers and sales of these securities must comply with the SEC's prospectus delivery requirements and must comply, where applicable, with state or foreign laws and regulations relating to the offer and sale of securities. BioSafe International Inc. is a fast growing, innovative solid waste management company. The company is a world leader in "Landfill Remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling ," a patented process BioSafe developed for recycling existing landfills. BioSafe is also evaluating additional opportunities to apply proprietary materials handling and size reduction technologies, including tire and rubber waste recycling, medical waste treatment, dredged spoils remediation and industrial sludge disposal. BioSafe currently operates and manages the 28-acre landfill in Fairhaven, Mass., its first landfill remodeling site. BioSafe has a contract to remodel re·mod·el tr.v. re·mod·eled also re·mod·elled, re·mod·el·ing also re·mod·el·ling, re·mod·els also re·mod·els To make over in structure or style; reconstruct. the 27-acre landfill in South Hadley, Mass., and is currently in the process of gaining the necessary permits to begin operations of its 80-percent-owned Palisades Palisades, cliffs along the west bank of the Hudson River, NE N.J. and SE N.Y., extending from N of Jersey City, N.J., to the vicinity of Piermont, N.Y., with a general altitude of from 350 ft to 550 ft (107–168 m). landfill, in Moretown, Vt. In each project BioSafe is employing its patented landfill remodeling technology. CONTACT: BioSafe International Emily Peterson, 617/497-4500 or Liviakis Financial Communications Inc. Robert Prag, 916/448-6084 |
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