BUGS is a SHELL Company , IT OWNS NOTHING
U.S. Microbics, Inc., (Pinksheets: BUGS) is a business development firm for companies with products, services and initiatives that favorably impact the environment. Over the past decade the company has served as a holding company and chief investor for subsidiary Sub-Surface Waste Management (SSWM), that deployed microbial technologies for soil, groundwater and carbon remediation. SSWM remediation operations were discontinued in 2007 and the company was renamed to Green Mountain Development Corp (Pinksheets: GMND) and was subsequently spun off to pursue agricultural application of the microbial technology (more info at www.GreenBizness.com).
BUGS is currently in the process of recapitalizing its business plan with an emphasis on its microbial manufacturing product sales and related alternative technologies. The company is seeking new investment to roll out its business plan.