Extreme Biodiesel, Inc. (OTC PINK: XTRM) (PINKSHEETS: XTRM) today announced a corporate update.
The company is pleased to announce that Dr. Rainer H Busch has begun testing a variety of organic compounds utilizing the chemical reaction known as Esterification. Esterification is the general name for a reaction in which two chemicals, usually an alcohol and an acid react to form an oily substance commonly referred to as esters. In today’s marketplace esters are being used extensively in the fragrance and flavor industries.
Joseph Spadafore commented “There continues to be a rising demand in the marketplace for biodiesel esters. The company is starting to see mild success in the marketing of its Eco Slide product and Dr. Busch, who has already been working in the fragrance and flavor industry for quite some time before assisting XTRM, noticed a potential for company growth and we are pursuing it.”
About Extreme Biodiesel
Extreme Biodiesel is an alternative fuel and recycling company with several wholly owned subsidiaries such as XTRM Cannabis Ventures, and Extreme Biodegradable Products that work together to compliment Extreme Biodiesel. Our mission is to provide a cost-effective, high-quality alternative diesel fuel comprised of natural plants and food waste, create "green" jobs, reduce the environmental impact of fossil fuels and diminish US reliance on foreign oil.
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. XTRM is 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.
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