Extreme Biodiesel Announces Nationwide Waste Virgin Oil Collection Contract for Production of High Grade Bio-Diesel Fuel
CORONA, CA--(Marketwire -09/28/11)- Book Merge Technology, Inc. (OTC.BB: BRKM.PK - News) (OTCQB: BRKM.PK - News), through its wholly owned subsidiary, Extreme Bio-diesel, has been selected by a New York warehousing company to be its exclusive vendor to acquire all expired virgin oils from all regional warehouse facilities in Southern California. Extreme Biodiesel has already collected several shipments accounting for more than 4,000 gallons of virgin expired oil at an extremely discounted price to the virgin oil market.
Extreme Biodiesel is using the virgin oil to blend with its own waste oil collections to substantially reduce the cost of chemicals, labor and filtration in producing its high-quality biodiesel, which has been recently recertified by the IRS and credible third party testing.
CEO Richard Carter adds, "We look forward to expanding our relationship with the New York warehouse company to all of their facilities throughout the US. We will be growing with them starting in the Southern California region. We are very pleased that we were able to offer our client an excellent service and, more importantly, create substantial value for them by adding a stream of income they would have not otherwise realized. We are also working for a direct relationship with the food grade oil companies to handle all of their expired and waste oil needs, outside the warehouse facilities. This is a great opportunity to reduce our costs of production, increase cash flow and achieve higher profitability sooner."
Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as BRKM or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements.
All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Contact:
Rick Carter
Extreme Bio-Diesel
1560 N. Maple St.
Corona, CA 92880
Tel: 951.734.5344
Fax: 951.734.5357
www.ExtremeBiodiesel.com
