SSWM Expands Working Capital Line for Mexico Projects.Line Expanded to $1MM for New Project Mobilization in Mexico CARLSBAD, Calif. -- Sub-Surface Waste Management of Delaware, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SSWM SSWM Surface and Storm Water Management ) announced that it has expanded its existing project capital line with Pilgrim Bank to $1,000,000 as it ramps up new project work in Mexico. Bruce Beattie, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SSWM, stated, "We are pleased to work with the professionals at Pilgrim Bank who helped us increase our working capital funding at a critical time in our project design and remediation work in progress in Puebla and the ramping up of remediation projects for C.F.E., the federal electric utility." About Sub-Surface Waste Management A subsidiary of U.S. Microbics, Inc. (OTCBB:BUGS), Sub-Surface Waste Management Inc. 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 SEMARNAT SecretarÃa de Medio Ambiente Y Recursos Naturales (México) , a Federal regulatory agency regulatory agency Independent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S. overseeing environmental compliance nationwide. Investors and media contact Bruce Beattie at 760/918-1860, ext. 105 or bbeattie@bugsatwork.com; or learn about the company by visiting its Web site at www.subsurfacewastemanagement.com or to be on the email list for press releases please visit: http://www.bugsatwork.com/emailfax.htm 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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