SureTrader Stock Hero Advertisement SPDR Advertisement
Home > Boards > US OTC > Miscellaneous >

TBSS International Co (TBSSE)

TBSSE RSS Feed
Add TBSSE Price Alert      Hide Sticky   Hide Intro
Moderator: No Moderator
Search This Board:
Last Post: 3/6/2015 5:44:14 PM - Followers: 60 - Board type: Free - Posts Today: 20


TBSS International

 
 
CURRENT SHARE STRUCTURE 

Outstanding  150,750,000
Float  17,426,834

Authorized  500,000,000


 
 
TBSS International, Inc. Announces Contract for Trenching and Installation of Pipe
 
 
$400,000 Order to be Recognized in Current Quarter

 
TAMPA, Fla., Nov. 3, 2011 /PRNewswire via COMTEX/ -- TBSS International, Inc. (OTCQB: ANSH) ("TBSS"), an international service company with existing service contracts assisting companies involved in gold mining and oil drilling, announced today it has won a contract for trenching and installation of pipe valued at $400,000 with the revenue to be recognized in the current quarter.
The contract is for the installation of approximately 7,500 feet of High Density Polyethylene (HDPE) pipe for the connection of an oil separation unit with completion expected by December 15, 2011.
 
There will be a number of additional contracts to be announced in the near future with revenue to be recognized in the current quarter and first quarter, 2012.
 
Investors and shareholders are invited to send their e-mails to IR@tbssinternational.com to be added to the company's e-mail database for future press releases.
 
About Hydrasep, Inc.
 
Hydrasep was founded in 1995 to develop an oil/water separator that meets EPA storm water run-off regulations. Hydrasep engineers were instrumental in the development of ASTM Standard Practices for separator performance testing. In order to meet the needs in the field, Hydrasep developed a simple-to-operate, highly efficient and cost-effective separation technology.
 
Hydrasep separators are known in the industry for their ease of maintenance, durability, reliability and performance. The company continues to develop new products for oil/ water separation. Hydrasep's website is www.hydrasep.com.
 
About TBSS International, Inc.
TBSS International is a domestic and international service company with service contracts in different sectors such as gold mining, oil drilling, water well drilling, trenching and construction. The management team of TBSS has been in the construction industry since 1950 with a strong reputation for completing contracts on time and within budgets. The strength of TBSS emanates from the company's joint venture partners and their respective technological expertise. The corporate website is at www.tbssinternational.com
 
Safe Harbor Act: This communication contains certain comments or "forward-looking statements" that fall within the meaning of the Private Securities Litigation Reform Act of 1995. Such comments and statements are based largely on the company's current expectations and are subject to certain risks, trends and uncertainties. Words such as "anticipate", "estimate", "expects", "projects", "intends", "plans", "believes", and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify such comments or forward-looking statements.
 
Forward-looking statements are not statements of historical fact. They are management's present expectations of future events, and include comments about the Company's business strategies and objectives, the prospects for growth in the Company's various business operations and the Company's future financial performance. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances that could cause actual results or events to differ materially from those anticipated in such statements.
 
Contact: TBSS International, Inc.
 
www.prnewswire.com
Copyright (C) 2011 PR Newswire. All rights reserved





TBSS International, Inc. Announces Closing of Asset Purchase Agreement

Company Acquires Intellectual Property and Manufacturing Assets of Velella International Lighting, Inc.

 

TAMPA, Fla. , Dec.16, 2011 /PRNewswire/ -- TBSS International, Inc. (OTCQB: TBSS.OB) ("TBSS"), an international service company with service contracts in gold mining, oil drilling, water well drilling, trenching and construction, announced today that the company's previously announced Letter of Intent to acquire Velella International Lighting, Inc. ("Velella") has changed to a  purchase of certain corporate assets of Velella. 

Under the terms of the Asset Purchase Agreement, TBSS International has acquired LIFE OF PATENT rights to Velella's energy-efficient neon lighting technology (patent # 6,471,369) and three facilities and inventory valued at $4 Million . The three locations include a warehouse facility in Ft. Lauderdale, Florida , a warehouse and research and development facility in St. Thomas, Virgin Islands and a manufacturing and warehouse location in Shanghai, China that will be relocated to the United States . An order back-log of $3.2 million is included with the manufacturing location in China . The company has used debt financing and no stock dilution for the purchase.

Todd Spinelli , CEO of TBSS International, Inc., said, "After more due diligence, it was determined by our advisers that our plans to acquire Velella in its entirety should be restructured as an Asset Purchase Agreement of certain specified assets to include patents, a manufacturing facility, warehouses  and inventory of parts and completed lighting units."

Spinelli continued. "We are excited about adding this new technology to TBSS International's IP portfolio. We feel with the right marketing this energy-efficient lighting could generate significant revenues for the company by helping public and private coastal property owners meet government mandates and the retrofitting of fluorescent lighting fixtures. We do not feel it overly optimistic to expect to see  a number of large contracts in the very near future."

John Velella added "We feel that our technology has found a good home and, with Mr.Spinelli's prior experience in fluorescent ballast technology, it was a natural fit. I have worked on developing this energy-efficient technology for the past decade and I am happy to finally see the technology be combined with the experience and resources to introduce to the marketplace-both private and governmental markets." 

Investors and shareholders are invited to send their e-mails to IR@tbssinternational.com to be added to the company's e-mail database for future press releases.

The Media is invited to send their e-mails to media@tbssinternational.com to be added to the company's e-mail database for future media news and updates.

About TBSS International, Inc.

TBSS International is a domestic and international service company with service contracts in different sectors such as gold mining, oil drilling, water well drilling, trenching and construction. The management team of TBSS has been in the construction industry since 1950 with a strong reputation for completing contracts on time and within budgets. The strength of TBSS emanates from the company's joint venture partners and their respective technological expertise. The corporate website is at www.tbssinternational.com

Safe Harbor Act: This communication contains certain comments or "forward-looking statements" that fall within the meaning of the Private Securities Litigation Reform Act of 1995. Such comments and statements are based largely on the company's current expectations and are subject to certain risks, trends and uncertainties. Words such as "anticipate", "estimate", "expects", "projects", "intends", "plans", "believes", and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify such comments or forward-looking statements.

Forward-looking statements are not statements of historical fact. They are management's present expectations of future events, and include comments about the Company's business strategies and objectives, the prospects for growth in the Company's various business operations and the Company's future financial performance. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances that could cause actual results or events to differ materially from those anticipated in such statements.

Contact:
TBSS International IR
855-OIL-GOLD
(855-645-4653 Then press 1
TBSS International Media
855-OIL-GOLD
(855-645-4653 Then press 2

 

TBSS International, Inc. Announces Beginning of Production to Fill Order Backlog of $3.2 Million for Energy Efficient Neon Lighting

Revenue to Be Recognized in First Quarter, 2012

 

TAMPA, Fla. , Jan. 5, 2012 /PRNewswire/ -- TBSS International, Inc. (OTCQB: TBSS.OB) ("TBSS"), an international service company with service contracts in gold mining, oil drilling, water well drilling, trenching and construction and energy efficient lighting, announced today that the company has initiated production of neon lighting units to fulfill a $3.2 Million order backlog.

As previously announced,  TBSS International purchased certain assets of Velella International Lighting, Inc. which included the life of patent rights to Velella's energy-efficient neon lighting technology (patent # 6,471,369), three facilities, inventory valued at $4 million and the order backlog of $3.2 million . The three locations include a warehouse facility in Ft. Lauderdale, Florida , a warehouse and research and development facility in St. Thomas, Virgin Islands and a manufacturing and warehouse location in Shanghai, China that will be relocated to the United States. 
 
Todd Spinelli , CEO of TBSS International, Inc., said, "We have begun to manufacture the neon lighting units to fill the standing orders for neon lighting units and anticipate the orders to be filled and revenue recognized this quarter.  In addition, we are in negotiations with a number of companies interested in installing our proprietary neon lighting and we expect to be announcing a number of contracts over the next few weeks."

Spinelli added, "We are very excited to have closed on our previously announced Asset Purchase Agreement with Velella. In the course of conducting our due diligence, the neon lighting patent value appraisal by a third party placed a value of between $84 Million to $144 Million . Although we understand that patent appraisals are somewhat of an inexact science, we feel that TBSS shareholders will benefit significantly in the future as we aggressively introduce this energy efficient technology to the marketplace."

Investors and shareholders are invited to send their e-mails to IR@tbssinternational.com to be added to the company's e-mail database for future press releases.

The Media is invited to send their e-mails to media@tbssinternational.com to be added to the company's e-mail database for future media news and updates.

About TBSS International, Inc.

TBSS International is a domestic and international service company with service contracts in different sectors such as gold mining, oil drilling, water well drilling, trenching and construction and recently entered the energy efficient lighting market. The management team of TBSS has been in the construction industry since 1950 with a strong reputation for completing contracts on time and within budgets.  TBSS's competitive advantages stems from the company's joint venture partners, their respective technological expertise and proprietary technology and the company's own intellectual property. The corporate website is at http://www.tbssinternational.com

Safe Harbor Act: This communication contains certain comments or "forward-looking statements" that fall within the meaning of the Private Securities Litigation Reform Act of 1995. Such comments and statements are based largely on the company's current expectations and are subject to certain risks, trends and uncertainties. Words such as "anticipate", "estimate", "expects", "projects", "intends", "plans", "believes", and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify such comments or forward-looking statements.

Forward-looking statements are not statements of historical fact. They are management's present expectations of future events, and include comments about the Company's business strategies and objectives, the prospects for growth in the Company's various business operations and the Company's future financial performance. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances that could cause actual results or events to differ materially from those anticipated in such statements.

Contact:

TBSS International IR
855-OIL-GOLD
855-645-4653 Press 1 for IR

TBSS International Media
855-OIL-GOLD
855-645-4653 Press 2 for Media

 

TBSS International, Inc. Implements Pilot Program for Neon Lighting

Program in Fort Lauderdale to Test Effectiveness of "Turtle Light"

TAMPA, Fla., Jan. 20, 2012 /PRNewswire/ -- TBSS International, Inc. (OTCQB: TBSS.OB) ("TBSS"), an international service company with service contracts in gold mining, oil drilling, water well drilling, trenching and construction and energy efficient lighting, announced today that the company has initiated a pilot program to test the effectiveness of the company's recently acquired energy efficient neon lighting under the Turtle Conservation Coastal Lighting Regulations.

Sea turtles in Florida nest almost always under cover of night because it protects the female from predators and from overheating if their exertions were under the sun.  Because of this survival instinct, the market for "turtle-compliant" lighting on beachfront properties such as marinas, hotels and residences is large. Florida and U.S. statutes protect sea turtle nesting sites and require strict adherence to lighting limitations because the wrong type of lighting distracts and disorients the endangered species from nesting.  Florida's coastal development is pervasive and ends up with a high level of artificial beachfront lighting. Lighting that produces a glare can make beaches unsuitable for sea turtle nesting as it confuses both nesting females and hatchlings. Lighting can dissuade female sea turtles from nesting on the beaches and can confuse them on returning to the sea after nesting is completed.  

Because artificial lighting can impair the ability of hatchlings to properly orient to the ocean once they leave their nests, the need for non-disorienting lighting is acute.  Hatchlings find the sea through instinctual visual signals stemming from brightness and artificial beachfront lighting causes hatchlings to become lost on their way to the sea from their nest-a trip that is fraught with danger from predators and the weather.  Confused hatchlings can perish through exhaustion, getting stuck in debris and vegetation, dehydration or turning inland and crossing roadways and parking lots and traffic becomes their nemesis.  Even after finding the sea, hatchlings can become disoriented and go back to the beach with all its dangers.

Fortunately, the artificial beachfront lighting threat to sea turtles may be easily solved. It is understandable and often necessary for human safety and security reasons to have lighting on the beaches and TBSS' neon lighting offers a long awaited energy efficient solution. The Turtle Conservation Coastal Lighting Regulations mandate that land and dock owners, high-rise owners, municipalities and state governments comply with "turtle friendly lighting" and the patented lighting system, particularly the TBSS lighting system, is the only light that turtles barely discern and, thereby, does not interfere with their natural instinct to nest on the beaches.    

Investors and shareholders are encouraged to send their e-mails to IR@tbssinternational.com to be added to the company's e-mail database for future press releases.

Media are invited to be added to the company's e-mail database for future media news and updates by sending e-mails to media@tbssinternational.com.

About TBSS International, Inc.

TBSS International is a domestic and international service company with service contracts in different sectors such as gold mining, oil drilling, water well drilling, trenching and construction and recently entered the energy efficient lighting market. The management team of TBSS has been in the construction industry since 1950 with a strong reputation for completing contracts on time and within budgets.  TBSS's competitive advantage stems from the company's joint venture partners, their respective technological expertise and proprietary technology and the company's own intellectual property. The corporate website is at http://www.tbssinternational.com

Safe Harbor Act: This communication contains certain comments or "forward-looking statements" that fall within the meaning of the Private Securities Litigation Reform Act of 1995. Such comments and statements are based largely on the company's current expectations and are subject to certain risks, trends and uncertainties. Words such as "anticipate", "estimate", "expects", "projects", "intends", "plans", "believes", and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify such comments or forward-looking statements.

Forward-looking statements are not statements of historical fact. They are management's present expectations of future events, and include comments about the Company's business strategies and objectives, the prospects for growth in the Company's various business operations and the Company's future financial performance. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances that could cause actual results or events to differ materially from those anticipated in such statements.

Contact:

TBSS International IR
855-OIL-GOLD
855-645-4653 Press 1 for IR

TBSS International Media
855-OIL-GOLD
855-645-4653 Press 2 for Media

 








 


 

 

 

 

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
TBSSE
Current Price
Volume:
Bid Ask Day's Range
Wiki
TBSSE News: Current Report Filing (8-k) 03/04/2015 02:44:59 PM
PostSubject
#5203   Im accumulating on the BID money11788 03/06/15 05:44:14 PM
#5202   Me too rlangmaid 03/06/15 04:31:31 PM
#5201   Grabbed some more to avg. down. It def Buyfor1sell for2 03/06/15 04:06:21 PM
#5200   I agree M0NEY... In time~ Samdmil 03/06/15 01:59:00 PM
#5199   THESE SLEEPERS REQUIRE PATIENCE....UPDATES WILL COME. M0NEYMADE 03/06/15 01:08:56 PM
#5198   One thing I've learned - it ain't over Carpenterguy 03/06/15 12:10:05 PM
#5197   Could be green today with a late day Samdmil 03/06/15 11:59:58 AM
#5196   I know many low floater which never diluted Nikkita 03/06/15 11:59:30 AM
#5195   GREEN ON MONDAY.... M0NEYMADE 03/06/15 11:37:08 AM
#5194   So, now it's the float that's going to slojab 03/06/15 11:35:06 AM
#5192   I agree~ Next updates sends it... Samdmil 03/06/15 10:45:27 AM
#5191   Unfortunately that is what happens when the promoters stressfreeliving 03/06/15 10:38:54 AM
#5190   ,,,,,,,STUPID PEOPLE, SELL ME YOUR SHARES. M0NEYMADE 03/06/15 10:38:29 AM
#5189   That's the problem. TBSSE will shine soon. cheeky 03/06/15 10:34:54 AM
#5188   These traders these days trade with the TS prince_ofstocks 03/06/15 10:24:47 AM
#5187   loving this Rifle0311 03/06/15 10:24:47 AM
#5186   Had hoped traders would make Spineless buy at stressfreeliving 03/06/15 09:59:23 AM
#5185   Looking for a few more shares here! Gonna Jsmooth37 03/06/15 09:49:36 AM
#5184   Looking forward to the reversal on this ONE. stressfreeliving 03/06/15 09:19:44 AM
#5183   Yep thats why I bought the dip, I FunGuns09 03/05/15 11:25:26 PM
#5182   WITH THIS FLOAT....1CENT BREAK COMING. M0NEYMADE 03/05/15 11:10:20 PM
#5181   What stacking the ask with weak bid support FunGuns09 03/05/15 10:48:18 PM
#5180   ,,,,,,,Really? So Who called the quorum and elected M0NEYMADE 03/05/15 08:51:31 PM
#5179   Can't blame some for taking a profit since Dream 03/05/15 08:46:05 PM
#5178   Few week hands, panicked, causing a selling frenzy. cheeky 03/05/15 08:43:22 PM
#5177   I was gonna ask that same question but Dream 03/05/15 07:56:29 PM
#5176   Fins? What business is there here that slojab 03/05/15 07:55:39 PM
#5175   Lol nice! Was a rough day with Grold1387 03/05/15 07:41:10 PM
#5174   Within theory in time if there fins are Ratfink 03/05/15 07:24:59 PM
#5173   I grabbed a few shares today just because Dream 03/05/15 07:14:51 PM
#5172   Yep. Scammers. Funny how there are no jadams312 03/05/15 06:48:26 PM
#5171   Looks like dilution and flippers!! MR.METICULOUS 03/05/15 04:34:19 PM
#5170   Bullshit day. Wtf happened jadams312 03/05/15 04:13:30 PM
#5169   HOW WE DOING HERE? California Chrome 03/05/15 04:07:41 PM
#5168   Well then approx 70mill float. Thanks for Grold1387 03/05/15 03:25:48 PM
#5167   TRIPIL7Z posted a chart where you can see Nikkita 03/05/15 03:23:29 PM
#5166   No it's not impossible there not always put Grold1387 03/05/15 03:11:00 PM
#5165   This is a treat at these prices cheeky 03/05/15 03:03:39 PM
#5164   If Spinelli has sold 40m shares, how can Nikkita 03/05/15 03:01:57 PM
#5163   Looks like around 17mill. It trades thin! Grold1387 03/05/15 02:48:37 PM
#5162   How low is the float? FunGuns09 03/05/15 02:27:05 PM
#5161   Hope word continues to get out on how stressfreeliving 03/05/15 02:01:47 PM
#5160   Day traders hoping for a strong day bailing Alpha14 03/05/15 01:54:32 PM
#5159   anyone feel like countering? jadams312 03/05/15 01:48:48 PM
#5158   Hey guys! Big news! (Meanwhile $hit ain't happening) jadams312 03/05/15 01:35:42 PM
#5157   "joke" "circles" "down". No bashing taken. stressfreeliving 03/05/15 01:29:33 PM
#5156   "It's going to blast off!" "Here we go!!" (Rolls eyes) jadams312 03/05/15 01:28:13 PM
#5155   Dip and hope we see a hug RIP shortly. stressfreeliving 03/05/15 01:27:49 PM
#5154   What a joke this is. You guys jadams312 03/05/15 01:26:56 PM
#5153   Looks like a pull back and a buy money11788 03/05/15 01:21:57 PM
PostSubject