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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

 








 


 

 

 

 

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TBSSE News: Current Report Filing (8-k) 03/04/2015 02:44:59 PM
PostSubject
#5278   Hey, Sherry, how about getting off your ass slojab 06/10/15 11:21:03 PM
#5277   It's been a year and a half since slojab 05/19/15 09:48:37 PM
#5276   A 50% gain of the sp today is slojab 04/13/15 07:19:24 PM
#5275   Looks like someone knows something... Carpenterguy 04/13/15 02:15:38 PM
#5274   Interesting...... RIFLE 04/13/15 01:20:13 PM
#5273   Strange - Looks like some volume today RIFLE 04/13/15 01:04:18 PM
#5272   RIP TBSSE RIFLE 04/06/15 11:13:07 AM
#5271   **TBSSE** Holding waiting on reversal GritzNGroceries 03/30/15 03:18:33 PM
#5270   I would never message you privately. No need. RIFLE 03/27/15 09:34:25 AM
#5269   Ok Rifle I get it.... You think this GritzNGroceries 03/27/15 09:33:48 AM
#5268   This will always be dead RIFLE 03/27/15 08:39:20 AM
#5267   It won't RIFLE 03/27/15 08:39:07 AM
#5266   Simply put. There will always be better ops. RIFLE 03/27/15 08:38:50 AM
#5265   Simply put there were better opportunities for me GritzNGroceries 03/24/15 07:25:23 PM
#5264   funny, there were talks of adding and no shivajr18 03/24/15 06:27:29 PM
#5263   It won't be. That's the truth. RIFLE 03/24/15 12:20:51 PM
#5262   Guess everyone stuck in here is trying for trips. Buyfor1sell for2 03/24/15 11:28:07 AM
#5261   It should? Why is that? slojab 03/24/15 10:00:51 AM
#5260   SHOULD BE A GOOD DAY... IMPERIAL DRAGON 03/24/15 06:41:16 AM
#5259   Picked up and loaded more for this dip. nikitafemme 03/23/15 11:18:10 PM
#5258   I will continue to add tomorrow too GritzNGroceries 03/23/15 07:16:42 PM
#5257   Perhaps I'll join you. Looks primed. Cheeky 03/23/15 07:16:01 PM
#5256   ,,,,,,,THINK I WILL TAKE ADVANTAGE TOMORROW OF THIS PRICE. IMPERIAL DRAGON 03/23/15 07:08:04 PM
#5255   Yep .... it was the same seller walking GritzNGroceries 03/23/15 02:42:04 PM
#5254   What a POS RIFLE 03/23/15 01:49:58 PM
#5253   Well, there you have it. slojab 03/23/15 01:44:49 PM
#5252   Probably .0010-.0011's before selling stops. It's going down GritzNGroceries 03/20/15 03:47:32 PM
#5251   How far to you think it will go lol Ratfink 03/20/15 03:35:32 PM
#5250   Keep coming down sucka you're almost there!!!! GritzNGroceries 03/20/15 03:30:45 PM
#5249   It didn't? How do you figure that? slojab 03/20/15 10:20:05 AM
#5248   ***The market DIDN'T AGREE with that******************* legalizeMJ 03/19/15 11:57:46 PM
#5247   What a piece of $h*t RIFLE 03/19/15 03:12:06 PM
#5246   Come to papa!!! GritzNGroceries 03/19/15 12:32:49 PM
#5245   Heading back to trips. slojab 03/19/15 12:19:27 PM
#5244   Just goes to show, not just any news slojab 03/19/15 10:45:10 AM
#5243   This stock is a ghost town already .... GritzNGroceries 03/19/15 10:39:38 AM
#5242   Ok thanks Ratfink 03/18/15 10:58:31 AM
#5241   I haven't heard of one. slojab 03/18/15 10:51:40 AM
#5240   Is there a court date set yet? Ratfink 03/18/15 10:50:45 AM
#5239   It hasn't been stated he has to. slojab 03/18/15 10:45:45 AM
#5238   Agreed. When the f is he selling back RIFLE 03/18/15 10:34:25 AM
#5237   Need some news Ratfink 03/17/15 04:52:10 PM
#5236   A pos with a lawsuit against a former CEO. slojab 03/16/15 07:00:36 PM
#5235   This is a POS RIFLE 03/16/15 04:08:03 PM
#5234   Why sell your shares for 50% less than GritzNGroceries 03/16/15 12:21:18 PM
#5233   Slap it! ( ; slojab 03/16/15 10:23:00 AM
#5232   Ask 200.00 Weeeeeeeeeeeeeeeeeee lol Ratfink 03/16/15 07:46:29 AM
#5231   MOVING NICELY! SHAKE THE DAYTRADERS AND FORCE POS IMPERIAL DRAGON 03/13/15 09:19:56 AM
#5230   Maybe .0050 tomorrow Ratfink 03/12/15 06:45:05 PM
#5229   BOOM RIFLE 03/12/15 06:14:09 PM
PostSubject