Geotec, Inc. Resumes Filings With the Securities and Exchange Commission
DELRAY BEACH, FL, Sep 12, 2008 (MARKET WIRE via COMTEX) -- Geotec, Inc. (PINKSHEETS: GETC) confirmed today that it has filed with the Securities and Exchange Commission its annual report on Form 10-K for the period ending December 31, 2006. The Company also confirmed its commitment to continue using its best efforts to file all periodic reports in compliance with the SEC by the end of 2008.
Geotec, Inc. continues to engage Brimmer, Burek and Keelan, LLP, to complete the Securities and Exchange Commission filings with a view to becoming current by the end of 2008.
Geotec is a Green Energy Technology Company with operations in the United States and Argentina utilizing proteins and enzyme technology to chemically convert hydrocarbons to commercially higher value coal and fuel oils. The technologies are also used to purify hydrocarbons, such as coal or oil, of heavy metals and other contaminants such as sulfur, arsenic and mercury to prevent or correct pollution in the air, water or soils. In addition, hydrocarbon contaminated soils can be re-vegetated and re-forested after treatment with Geotec's proprietary protein/enzyme technology.
Statements in this release, which relate to other than strictly historical facts, including statements about the Company's plans and strategies, as well as management's expectations about new and existing products and services, technologies and opportunities, market growth, demand for new and existing products and services, are forward-looking statements. The words "believe," "expect," "anticipate," "estimate," "project," "intend" and similar expression identify forward-looking statements that can speak only as of the date hereof. This press release contains certain forward-looking statements regarding Geotec, its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Geotec's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. The Company assumes to obligation to notify of any changes, other than material events as required by the Securities and Exchange Commission. Readers are urged to carefully review and consider the various disclosures made by Geotec in this new release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Geotec's business.
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