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U.S. Microbics Inc.(BUGS: OTCBB) provides engineering solutions to reduce pollution, improve water quality, and increase agricultural output. The company is a leader in making the best use of all applicable technologies to clean-up pollution at the source, working under terms of pay-for-performance contracts that provide performance bonuses for reaching remediation milestones ahead of schedule and within budget.
Bioremediation of an Industrial Site in Mexico
"SSWM conducted detailed site characterization and analyses of the oil spill, and developed a comprehensive remediation plan that was approved by all applicable regulatory agencies in a timely manner. SSWM subsequently managed site remediation operations: the contract is on schedule and within budget."
Latest Press Releases:
Mexico Governor Funds Environmental Contract to SSWM Subsidiary; Assessment Contracts Key to Meeting Goal of $10-25 MM in Business in Mexico
November 07, 2005 09:25:01 (ET)
CARLSBAD, Calif., Nov 07, 2005 (BUSINESS WIRE) -- Sub-Surface Waste Management of Delaware, Inc. (SSWM, Trade), announced that governor Mario Marin Torres of the State of Puebla, Mexico, has allocated an initial budget of approximately $365,000 USD to conduct a comprehensive environmental site assessment of the bulk storage terminal of Pemex -- Petroleos Mexicanos, the state-owned oil company -- properties in the City of Puebla. This project contract was awarded to SSWM Mexico subsidiary company Environmental Tec International, S.A. de C.V. (ETI), headquartered in Mexico City.
ETI will provide a detailed investigation to determine the optimum approach to remediate the on-going hydrocarbon releases of the aforementioned Pemex terminal to surrounding communities serving the City of Puebla. It is imperative to mention that PROFEPA -- Mexican Federal Environment Protection Agency -- conducted an environment audit in 1997 and documented major filtration of gasoline and diesel fuel at that time. There is no doubt that these combustibles have contaminated the subsoil and have reached the water table. ETI will quantify the environmental problem and provide engineering design and project cost for a comprehensive community remediation program. The report will be presented directly to the Governor for review and subsequent funding of the recommended implementation.
Bruce Beattie, CEO of SSWM, stated, "This award represents the first in a series of engineering projects to characterize and define the environmental impacts to air, soils and groundwater by properties in the City of Puebla and surrounding communities. Governor Mario Marin Torres has ordered this work to document suspected and known risks threatening the State's capital city and its citizens in order to begin crafting a comprehensive remedial action plan."
Beattie further described the significance of the initial contract award from the Governor by saying, "This site assessment contract award is the first step toward winning the larger cleanup implementation. Just as our first $1,000,000 plus Mexico cleanup project started off with a $50,000 site assessment report, we fully expect this new contract report to lead to a multi-million dollar remediation contract when the Governor and PEMEX approve the subsequent funding and implementation. When the cleanup contract is awarded, we will be well on our way of meeting our goal of $10-25 MM in anticipated business in Mexico. With additional assessment report contracts already pending, we feel confident that we will have a major impact resolving environmental problems for the people of Mexico."
About Sub-Surface Waste Management
Sub-Surface Waste Management Inc. is a majority-owned subsidiary of U.S. Microbics, Inc. (BUGS, Trade), and 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, a Federal regulatory agency overseeing environmental compliance nationwide.
The information contained in this press release includes forward-looking statements. 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 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 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.
SOURCE: Sub-Surface Waste Management of Delaware, Inc.
SSWM Reaches $1MM Key Milestone in Remediation Contract in Mexico
Wednesday November 2, 9:45 am ET
Manufacturing Company Site Clean-Up Progresses Smoothly
CARLSBAD, Calif.--(BUSINESS WIRE)--Nov. 2, 2005--Sub-Surface Waste Management of Delaware, Inc. (OTCBB:SSWM - News) announced it has mobilized personnel to commence a new phase on its existing project in Torreon, Mexico, that has now exceeded $1 million in total contract revenue to date.
Bruce Beattie, President of SSWM, stated: "SSWM engineers will kick off the next phase of work for this confidential client with manufacturing operations in Mexico to install, operate and maintain an in situ (below ground surface) remediation treatment system to clean up sub-surface soils under an active production facility site. SSWM engineers will use both conventional and biological technologies to remediate heavy petroleum-based machine oils to acceptable regulatory standards. Our most recent work to date has been to excavate contaminated soils with minimal impact to production operations and treat the material using the patented Bio-Raptor(TM) process on site in an adjacent open area within the facility for final removal as clean soil once cleanup goals are achieved."
SSWM Commits to Opening Office in Puebla, Mexico
Wednesday October 26, 9:45 am ET
Office to Provide Support for Enforcement and Compliance of Environment Regulations
CARLSBAD, Calif.--(BUSINESS WIRE)--Oct. 26, 2005--Sub-Surface Waste Management of Delaware, Inc. (OTCBB:SSWM - News) announced that its wholly owned subsidiary company Environmental Tec International, S.A. de C.V. (ETI), upon award of the Governor's initial contract for site investigation work, will promptly open its office in Ciudad Puebla and provide appropriate technical staffing for the project. To this end, ETI has identified an office location and has negotiated a tentative lease agreement and plans to set up operations shortly after the contract award.
Bruce Beattie, CEO of SSWM, commented, "SSWM and ETI are committed to supporting Governor Mario Marin Torres and the people of the great state of Puebla, Mexico in his goal and objective to address the ravages and impacts of uncontrolled release of petroleum hydrocarbon toxics to the soils, waters and communities throughout the State and enforcement and compliance to the Federal 'NORM' regulations. Upon award of contract, we will immediately confirm and schedule technical staff and equipment. I am confident this initial contract will provide a springboard for many more assessment and cleanup projects in the state of Puebla."
Beattie concluded by saying, "On behalf of ETI and SSWM we appreciate the Governor's personal trust and commitment in our company to launch this crucial and timely investigation work. We take this work very seriously and we are committed to establish and provide the highest quality environmental engineering and remediation capability and expertise in Puebla."
California Orange Grower Using BUGS to Increase Crop Yield
Monday October 10, 11:14 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--Oct. 10, 2005--U.S. Microbics, Inc. (OTCBB:BUGS - News), announced today that Bio-Con Microbes, Inc., a majority owned subsidiary specializing in agricultural products and services, has supplied Bi-Agra(TM), a proprietary blend of natural microbes, to a California orange grower to increase crop yield on low yielding areas. Preliminary projections suggest that the microbe treated area will out-produce other similar areas by ten percent or more and validate the product's use for much larger areas. These results are typical of past performances of the product on strawberries, tomatoes, sugar cane and other food products produced in the U.S. and Mexico.
Robert Brehm, CEO, shared his enthusiasm for the product by saying, "The Bi-Agra(TM) product line has shown extraordinary results over the past twenty years they have been used in the U.S. and Mexico. Many products such as strawberries, squash, tomatoes, and sugar cane have already shown dramatic yield improvements in both quantity and weight per acre and hectare with a reduction in water and fertilizer requirements. These improvements not only yield lower cost production for the grower, but safer, more natural fruit and vegetables for the consumer because of the reduction in chemical fertilizers needed."
Brehm added, "Our corporate strategy for the microbial technology is to use Sub-Surface Waste Management (OTCBB:SSWM - News), to clean up the soil and groundwater in developing nations which export food products to the U.S. and then have the growers use our Bi-Agra(TM) products to grow these products, better, faster, cheaper and safer for the consumers of the world. As SSWM gains traction in Mexico environmental clean-up projects and we start to commercially roll-out our Bio-Con products and services, BUGS' strategic plan for cleaning up the world's messes and feeding the masses will start to become a reality for our loyal shareholders and management team."
More About U.S. Microbics
U.S. Microbics, Inc. (BUGS) is recognized as a leader in the bioremediation industry. The roots of the company go back to four decades, to the pioneering work of George Robinson, who first advanced the idea of using microbes to consume oil spilled along the coast of Santa Barbara, California. His legacy includes thirty-years of theoretical and empirical research leading to the successful formulas for microbe separation, ultra-high yield fermentation, consortium formulations for specific problem solving tasks, long term storage of microorganisms, and completion of field-successful applications. Mery Robinson, George Robinson's daughter, is Executive Vice President of U.S. Microbics, and President of two of the Company's subsidiaries.
Operationally, U.S. Microbics consists of five majority-owned subsidiaries using biological technology to revolutionize environmental clean-up and agricultural growth.
1. Sub-Surface Waste Management of Delaware Inc. (SSWM) - provides comprehensive civil and environmental engineering project management services. Sub-Surface Waste Management's team designs, permits, builds, and operates environmental waste clean-up treatment systems using conventional, biological, and filtration technologies.
2. XyclonyX - develops and applies its key technologies that include patents, proprietary knowledge, products, processes, and expert personnel. XyclonyX technologies are sold to the environmental, petrochemical, agricultural, and waste treatment markets. XyclonyX has developed a formulation for mass producing proprietary microbial blends in liquid and powder forms.
3. West Coast Fermentation Center, Inc. (WCFC) - cultivates microbial cultures for the Company's product lines: Bi-Agra Remediline and Wasteline. WCFC operates a microbe laboratory, pilot plant, and quality control center. WCFC produces microbial blends using fermentation technology, powder blending, and combinatorial liquifaction.
4. Sol Tech, Inc. (doing business as Wasteline Performance Corp.) - was formed specifically to serve markets for treating wastewater in the U.S.A. and internationally.
5. Bio-Con Microbes, Inc. - provides microbial blends and bio-processing treatment systems for agricultural yield enhancement, odor control, insect control, and cogeneration. Bio-Con Microbes, Inc. has a wholly owned subsidiary in Mexico: Natura Agricultura, S.A. d. C.V., which has conducted tests that demonstrate microbial-based increases to sugar cane production.
6. USM Capital Group, Inc. - a majority owned subsidiary by U.S. Microbics, Inc., provides financial services for the Company and its subsidiaries. In addition to assisting the Company’s subsidiaries in financing and business development, USM Capital Group, Inc. provides management consulting, administrative services, and other services to its clients.
BUSINESS EXPERIENCE OF DIRECTORS
ROBERT C. BREHM has served as our chief executive officer, president and chairman of the board since July 1997. He also served as our vice president from November 1996 to January 1997 and as a consultant through Robert C. Brehm Consulting, Inc., an investment banking, investor relations and strategic planning company. From July 1994 through the present, Mr. Brehm has served as the president of Robert C. Brehm Consulting, Inc. From 1991 to 1994, he was the president of Specialty Financing International, Inc., a finance procurement company. Mr. Brehm has owned computer hardware, software, finance and consulting companies. Mr. Brehm has a double engineering degree in electrical engineering and computer science and an MBA in Finance and Accounting from the University of California at Berkeley.
MERY C. ROBINSON has served as a director since September 1997 and our executive vice president and secretary since September 1997. Ms. Robinson was appointed chief operating officer on October 1, 1998. Ms. Robinson is the founder of XyclonyX and has served as its president and chief executive officer since August 1997. Ms. Robinson was the president of our subsidiary, Sub-Surface Waste Management, Inc., from 1992 to 1995 and president of Omega Resources Management from 1995 to 1997. From 1986 to 1992, she served as the vice president of finance and administration of Westside Telephone Systems in Santa Monica, California, a telephone interconnect service and equipment sales company. Ms. Robinson has held various other positions in operating and starting up high-tech engineering and biotech companies. She received her BS in Journalism from California Polytechnic State University, San Luis Obispo, a Masters of Science in Environmental Science/Engineering from California State University, Dominguez Hills, and has and has attended the NFWBOsponsored/Wharton Graduate School of Business/Entrepreneurial Mini-MBA program.
ROGER K. KNIGHT has served as a director since February 1990 and our vice president-business development since July 1997. Mr. Knight has significant experience in identifying business candidates for acquisitions, and served as our president from January 1995 through October 1996. Mr. Knight retired from the U.S. Navy as a Captain in July 1965, and has been involved in retail operations since the mid-1970s.
ROBERT H. KEY is chairman and chief executive officer of Arivest Corporation, a real estate investment and development firm, located in Phoenix, Arizona. Arivest Corporation is the parent corporation of Corporate Realty Advisors, Inc., a commercial real estate brokerage firm. Mr. Key joined Arivest Corporation as president upon its formation in April, 1979. He holds a Bachelor of Science degree from Arizona State University, Tempe, Arizona, (1972) with a major in Business Administration. Mr. Key has been a general partner, real estate broker, consultant or developer of a large number of commercial real estate projects.
MARK A. HOLMSTEDT has 23 years of public finance experience covering a variety of specialty areas. Mr. Holmstedt began his investment banking tenure with Blyth Eastman Dillon Co. (now PaineWebber) and was the director in charge of Bear Stearns Public Finance Department in Los Angeles prior to becoming a principal of Westhoff, Cone Holmstedt. He has a particular expertise in project financings and land secured transactions which involve the sale of securities through the use of an assessment district, redevelopment agency, community facilities district or combination thereof. Mr. Holmstedt graduated with honors in Business Management and Finance from the University of
CONRAD NAGEL has served as our chief financial officer since July 1998 and a director of Sub Surface Waste Management of Delaware, Inc.,since July 2003. Mr. Nagel was previously hired as the chief financial officer of Global Venture Funding, Inc. in April 1997, and served us as a consultant from September 15, 1997 through June 1998. Mr. Nagel has an MS degree in Accounting, University of Kansas (1964), a BS degree in Business, University of Kansas (1963) and has been a CPA since 1966. Mr. Nagel has been associated with SEC work, auditing, and finance operations for the past 30 years including audit manager for Touche Ross (now Deloitte Touche), vice president of finance of Decision Incorporated, internal audit manager for Kaiser Aetna, Chief Financial Officer for Calusa Financial Medical, Inc., vice president of finance for Medical Capital Corporation and over 15 years CPA practice specializing in taxation and SEC work.
Press Releases: finance.yahoo.com
Insider Transactions: secform4.com
SEC Filings: pinksheets.com
Address: 6451-C El Camino Real, Carlsbad, CA 92009 USA
Shares Outstanding: 218,946,646 (As of 8/19/2005 SEC Form 10QSB)
Shares Authorized: 500,000,000
Past Capital Change:
shs decreased by 1 for 20 split.
Pay Date: 1997-08-20
Formerly=Global Venture Funding, Inc. until 5-98
Corporate Stock Transfer, Inc., Denver, CO 80209
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