Thursday, February 02, 2012 8:40:57 AM
I realize this is dated, but does provide a bit of hope that this one does have some real potential and not just all puff and fluff.
TBSS International, Inc. Announces Signing of Soft Corporate Offer for Aviation and Diesel Fuel Delivery
Quarterly Revenue Potential of $15 Million to $30 Million per Quarter
TAMPA, Fla., Jan. 30, 2012 /PRNewswire/ -- TBSS International, Inc. (OTCQB: TBSS) ("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 signed a Soft Corporate Offer (SCO) with a refinery in Russia to broker a series of delivery contracts for JP-54 aviation fuel and D-2 diesel products. The port of delivery is Rotterdam, Netherlands.
The terms of the agreement include the delivery of 10 million to 20 million barrels of JP-54 aviation fuel per month with an immediate lift able (immediate delivery) amount of 100,000-500,000 barrels. In addition, the SCO covers the delivery of 250,000 to 2 Million metric tons (MT) of D-2 per month with immediate lifts of 100,000-250,000 metric tons. Revenues to be recognized by TBSS International, Inc. will range from $15 Million to $30 Million per quarter.
Todd Spinelli, CEO of TBSS, International, Inc., said, "A SCO is a formalized understanding including the terms, conditions and pricing prior to final contracts being signed. We have lined up the requisite line of credit to finance all future delivery contracts necessary to enter into this competitive, yet lucrative, market driven by reliability and performance. TBSS has plans to expand into energy contracts in 2012 as we develop a reputation for delivery on fuel contracts."
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
TBSS International, Inc. Announces Signing of Soft Corporate Offer for Aviation and Diesel Fuel Delivery
Quarterly Revenue Potential of $15 Million to $30 Million per Quarter
TAMPA, Fla., Jan. 30, 2012 /PRNewswire/ -- TBSS International, Inc. (OTCQB: TBSS) ("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 signed a Soft Corporate Offer (SCO) with a refinery in Russia to broker a series of delivery contracts for JP-54 aviation fuel and D-2 diesel products. The port of delivery is Rotterdam, Netherlands.
The terms of the agreement include the delivery of 10 million to 20 million barrels of JP-54 aviation fuel per month with an immediate lift able (immediate delivery) amount of 100,000-500,000 barrels. In addition, the SCO covers the delivery of 250,000 to 2 Million metric tons (MT) of D-2 per month with immediate lifts of 100,000-250,000 metric tons. Revenues to be recognized by TBSS International, Inc. will range from $15 Million to $30 Million per quarter.
Todd Spinelli, CEO of TBSS, International, Inc., said, "A SCO is a formalized understanding including the terms, conditions and pricing prior to final contracts being signed. We have lined up the requisite line of credit to finance all future delivery contracts necessary to enter into this competitive, yet lucrative, market driven by reliability and performance. TBSS has plans to expand into energy contracts in 2012 as we develop a reputation for delivery on fuel contracts."
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
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