CORONA, Calif., March 5, 2013 -- Extreme Biodiesel (OTCPINK: BRKM) is pleased to announce that the Company's Proprietary Biodegradable glycerin based form and asphalt release product is successfully concluding its initial real world testing, with positive results.
Due to the ban on petroleum based products by the Environmental Protection Agency, a virtually unlimited market has opened for the Company. Eco Slide was developed at Extreme Biodiesel by the Company's expert staff with the primary active component being a byproduct of biodiesel which is glycerin. The proprietary process renders a completely biodegradable product, that when sprayed on forms or trucks before they are loaded with asphalt or concrete, creates a slippery Teflon type effect on the construction material coming out of a truck or setting up in a ground form.
Extreme Biodiesel's primary buyer of this product, also termed by the Eco Slide name, has purchased in the range of 80 thousand gallons of the proprietary solution over the past two years. Since the product was initially developed and marketed, the staff has been dedicated to the perfecting of the product which has yielded a stronger, more durable product, with a substantial shelf life.
"The product has been retailed between 3 and 6 dollars a gallon, and can potentially be marketed as high as 10 dollars per gallon as exposure heightens. The revenue potential is vast in light of the fact that there is little to no competition in the industry that meets current industry standards," stated Joe Spadafore , Corporate Secretary of Extreme Biodiesel.
He continued: "Annually, our Country tears up approximately 73 million tons of asphalt nationwide, then re processes it in the form of new roads. With new government restrictions on the older petroleum based products, it becomes a very advantageous market. We envision a very bright future for this product, our Company and our shareholders, as we continue in discussions with related service companies that intend to market and distribute the product nationwide."
About Extreme Biodiesel: Extreme Biodiesel is a Company dedicated to the production of ecologically friendly biodiesel energy products. The Company's state-of-the-art solutions are designed to provide a realistic means for dramatically reducing the United States' dependence on foreign oil. Extreme Biodiesel entered the industry in 2003 with the creation of biodiesel processors designed chiefly for individual end-users. Extreme Biodiesel is further expanding its scope by increasing biodiesel production and also creating a Co-Op for both individual members and fleet accounts throughout Southern California.
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
For more information please visit our website at: www.extremebiodiesel.com
Contact Joe Spadafore , Corporate Secretary at: firstname.lastname@example.org
SOURCE Extreme Biodiesel