Biosphere Development Corp. Exchanges Letter of Intent with Multiquimica Dominicana, SA.NASSAU, Bahamas For other uses of "Nassau", see Nassau (disambiguation). Nassau is the capital city and commercial center of the Commonwealth of the Bahamas. The city has a population of 210,832 (2000 census), nearly 70 percent of the entire population of the Bahamas (303,611). -- Biosphere biosphere, irregularly shaped envelope of the earth's air, water, and land encompassing the heights and depths at which living things exist. The biosphere is a closed and self-regulating system (see ecology), sustained by grand-scale cycles of energy and of Development Corporation confirmed today that it had exchanged a Letter of Intent with Multiquimica Dominicana, SA. Biosphere Development Corp. was initially formed as a subsidiary of Global Environmental Energy Corp., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :GEECF GEECF Global Environmental Energy Corp ) (FWB (Fixed Wireless Broadband) See fixed wireless. :LFT LFT left frontotransverse (position of the fetus). LFT Liver function tests, see there ). Global Environmental Energy Corp. is a Corporation registered in the Commonwealth of the Bahamas and Publicly Traded on Stock markets both in Germany and the United Sates - http://www.globalenvironmentalenergy.com. Biosphere Development Corp. and Multiquimica Dominicana, SA. intend to form a Joint Venture Company in the Dominican Republic. The intended Joint Venture Company will employ Biosphere(TM) Process technology to process municipal solid waste “Municipal waste” redirects here. For other uses, see Municipal waste (disambiguation). Municipal solid waste (MSW) is a waste type that includes predominantly household waste (domestic waste) with sometimes the addition of commercial wastes collected by a while producing electricity for use in the Haina Industrial Zone. It is intended that this new joint venture company will purchase a Biosphere(TM) Process System from Biosphere Development Corp. with sufficient capacity to generate up to 5 megawatts per hour of electricity. Biosphere Development Corp.'s unique proprietary technology, EcoTechnology(TM), supplies energy through an efficient and environmentally safe process. The Biosphere Process(TM) System, a central part of the EcoTechnology(TM) system, can safely and efficiently processes traditional and non-traditional waste materials into electricity and other beneficial by-products. The Biosphere Process(TM) can assist in solving the global waste problem by converting into clean, green electricity such waste materials as: municipal solid waste (MSW (MicroSoft Word) See Microsoft Word. ), agricultural surpluses, agricultural effluents, forestry wastes, sewage sludge, medical waste, industrial wastes, flared natural gas, shale oil, sour natural gas, high sulfur oils, waste bilge bilge n. 1. Nautical a. The rounded portion of a ship's hull, forming a transition between the bottom and the sides. b. The lowest inner part of a ship's hull. 2. Bilge water. 3. oil, waste drilling muds and fluids, and many other traditional and non-traditional waste materials. Biosphere Development Corporation recently confirmed that it had received a new loan commitment from its financier, Diamond Ridge, that will fund its portion of this intended Joint Venture Company. About the Dominican Republic The Dominican Republic is a island with over 7 million inhabitants
The game is based loosely on the concepts from SameGame. and is the Caribbean's largest working democracy. Haina is part of PIISA, the Premier Industrial Free Zone in the Dominican Republic. About Biosphere Development Corp. Biosphere Development Corp. is a subsidiary of Global Environmental Energy Corp. Global Environmental Energy Corp., a Bahaman corporation, intends to become a fully integrated energy company whose interests will include traditional oil and gas and alternative energy sources, environmental infrastructure and electrical micro-power generation. Biosphere Development Corp.'s unique proprietary technology, EcoTechnology(TM), supplies energy through an efficient and environmentally safe process. The Biosphere Process(TM) System, a central part of the EcoTechnology(TM) system, can safely and efficiently processes traditional and non-traditional waste materials into electricity and other beneficial by-products. The Biosphere Process(TM) can assist in solving the global waste problem by converting into clean, green electricity such waste materials as: municipal solid waste (MSW), agricultural surpluses, agricultural effluents, forestry wastes, sewage sludge, medical waste, industrial wastes, flared natural gas, shale oil, sour natural gas, high sulfur oils, waste bilge oil, waste drilling muds and fluids, and many other traditional and non-traditional waste materials. It is the intention of Global Environmental Energy Corp. that Biosphere Development Corp. will become a fully reporting and trading company in the future if accepted by the SEC and the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). for trading. Note to Investors This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of the 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the 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. created by those sections. The forward-looking information is based upon current information and expectations regarding Global Environmental Energy Corp. These estimates and statements speak only as of the date on which they are made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecasted in such forward-looking statements. Global Environmental Energy Corp. assumes no obligation to update the information contained in this press release. Global Environmental Energy Corp.'s future results may be impacted by risks associated with rapid technological change, new technological developments and implementations, execution issues associated with new technology, manufacturing production to meet demand, 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. , media publicity and the negative impact this could have on sales, competition, financial and budgetary constraints of prospects and customers, international order delays, dependence upon limited source suppliers, fluctuations in component pricing, government regulations, dependence upon key employees, and its ability to retain employees. GEEC's future results may also be impacted by other risk factors listed from time to time in its SEC filings, including, but not limited to, the Company's Form 10-QSBs and its Annual Report on Form 10-KSB. |
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