Bio-Clean International, Inc. (PINKSHEETS: BCLE)
(www.bio-cleanintl.com) today announced various items of interest,
including:
-- Receipt of $1 million contract for its affiliate to supply
environmentally-safe, all-purpose cleaner to Nature of Beauty, Inc.
-- Change of name to "Green Planet Services, Inc."
-- Agreement to receive 3 million restricted common shares from Nature of
Beauty, Inc., n/k/a Bio-Clean, Inc., for the name "Bio-Clean"
James E. Shipley, President of Bio-Clean International, Inc.,
stated, "In August 2009, our affiliated entity, American Bio-Clean,
Inc. (ABC), entered into an agreement with Nature of Beauty, Inc.
(NUBY), for ABC to supply NUBY with ABC's aqueous-based,
environmentally-safe, all-purpose cleaner for bottling and selling
into the wholesale and retail markets by NUBY. It would be a new
market for the product and a new source of revenue for ABC. We are
pleased to announce that NUBY has agreed to purchase $1 million of
our all-purpose cleaner, with fulfillment beginning in January,
2010."
The company will change its name to "Green Planet Services,
Inc." The company's board of directors and the holders of a
majority of the stock have approved the name change. As of today,
the company is awaiting completion of the regulatory process for
its new CUSIP number and trading symbol.
The company also announced that it will be selling its minority
interests in Veterans Training Corporation and Veterans Asset
Management to John P. Finn, which it acquired from Mr. Finn in 2008
in exchange for a return of the 400,000 shares of common stock that
the company had issued to him for the interests. It is currently
expected that Mr. Finn will remain a Director and officer of the
company following the sales.
Mr. Shipley continued, "Our Board of Directors believes that our
new name, 'Green Planet Services, Inc.,' well describes our current
and future business focus." Mr. Shipley continued, "The change to
our name and the divestiture transactions that we are announcing
today are consistent with our plan to re-focus the company on our
core business of providing environmentally-safe responses to issues
facing our country and the world."
On October 29, 2009, the company updated its prior announcement
regarding its non-binding letter of intent with NUBY for the
potential sales to NUBY of American Bio-Tech Cleaning, Inc., and
the rights to the name "Bio-Clean." Today, the company announces
that NUBY has agreed to issue to the company 3 million shares of
NUBY's common stock for the rights to the name "Bio-Clean."
Although the company has not determined when or if it will sell any
of the 3 million shares, distribute any of the proceeds from any
sales, or distribute any of the shares as a dividend to its
stockholders, if, when, and as such a distribution is permitted
pursuant to all relevant corporate, securities, regulatory, and
fiduciary requirements, the company set the date of this Press
Release, November 13, 2009, as the relevant record date for any
such distributions. The company is also announcing the cancellation
of the previously announced non-binding letter of intent and the
potential agreement to sell American Bio-Tech Cleaning, Inc., to
NUBY.
Mr. Shipley concluded, "Nature of Beauty, Inc., changed its name
to Bio-Clean, Inc. (NUBY/BOCL) on October 8, 2009, without any
prior notice to us or consent from us. After a series of
negotiations, NUBY/BOCL has agreed to issue to us 3 million shares
of its restricted common stock for the use of the Bio-Clean name."
Mr. Shipley clarified, "At no time has any of our officers or
directors had any ownership or other interest in NUBY/BOCL."
About Bio-Clean International, Inc.
Bio-Clean International, Inc. recognizes the problems facing our
environment. Our exclusive, non-toxic, bio-remediation fluids
provide an environmentally-safe solution. Our exclusive products
and machines have been tested and shown to be in complete
compliance with environment regulations, in other words,
"Cleantech."
We own a minority interest in American Bio-Clean Corporation
(ABC) which markets and distributes our cleaning fluids and
parts/weapons cleaning machines. ABC is a Service-Disabled
Veteran-Owned Business (SDVOB) that is certified and meets the
Federal-mandated 3% minority spending requirements. Similar
mandated spending requirements adopted by most states vary from 3%
to 20%. Additionally, many private sector companies have targeted
goals for suppliers.
For more information about Bio-Clean International, Inc., please
visit our website, http://www.biocleaninternational.com
View this release in video format:
http://www.vodnewswire.com/vodnewswire/news/bioclean-20091113/
About World Market Media:
World Market Media utilizes cutting edge social media platforms
to connect the world's securities exchanges and their various
investment communities with the goal of creating the world's first
Global Online Investment Community. WMM implements innovative media
solutions to produce real market results delivering in-house
services including IR 2.0, online advertising, marketing, social
media solutions, web-traffic, search marketing, web development,
branding and audio/video and motion graphics production.
World Market Media will consistently release breaking news and
content updates on Bio-Clean International at:
www.WorldMarketMedia.com/BCLE.
A number of statements referenced in this Release, and any other
interviews that have been made, are forward-looking statements,
which are made pursuant to the Safe Harbor Provisions of the
Private Securities Litigation Reform Act of 1995, and within the
meaning of Section 27A of the Securities Act of 1933 and Section
21B of the Exchange Act of 1934. Any statements that express or
involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, and goals, assumption of
future events or performance are not statements of historical fact
and may be "forward-looking statements." Forward looking statements
are based on expectations, estimates and projections at the time
the statements are made that involve a number of risks and
uncertainties which could cause actual results or events to differ
materially from those presently anticipated. Forward looking
statements in this actions may be identified through the use of
words such as "expects," "will," "anticipates," "estimates,"
"believes," or statements indicating certain actions "may, "could,"
or "might," occur. Such statements reflect the current views of the
company's management with respect to future events and are subject
to certain assumptions, including those described in this release.
These forward-looking statements involve a number of risks and
uncertainties, including the timely development and market
acceptance of products, services, and technologies, competitive
market conditions, successful closing of acquisition transactions
and their subsequent integration, the ability to secure additional
sources of financing, the ability to reduce operating expenses, and
other factors described in the company's filings with the Pink
Sheets. The actual results that the company achieves may differ
materially from any forward-looking statements due to such risks
and uncertainties. The company does not undertake any
responsibility to update the "forward-looking" statements contained
in this news release.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: World Market Media, Inc. Executive Editor (877)
801-8408 editor@worldmarketmedia.com
(USOTC:BCLE)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
(USOTC:BCLE)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024