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Re: Depcom post# 1190

Friday, 03/15/2013 6:51:44 AM

Friday, March 15, 2013 6:51:44 AM

Post# of 2340
BRKM - Update...

Extreme BioDiesel's website (www.extremebiodiesel.com) is still under construction. I may have a bit of egg on my face from my previous statement and I apologize for that but I have uncovered new information that may be significant. My initial thought was there were two companies that fit the profile of the last PR in which the company would be in negotiations with, "JR Grease Services" (www.greaseservices.com) & "SoCal BioFuel"(www.socalbiofuel.com & www.superiorservicerecycling.com). I know I previously said "JR Grease Services" but now I'm leaning to "SoCal BioFuel aka Superior Service Recycling" and here is why.

If you look at page 12 of the last 10-Q filed on 11/19/2012 you will see the following:
(Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8925119)

An advance of $40,000 on March 18, 2009 to Superior Service Recycling was made in a preliminary agreement to purchase Superior’s business. This business provides EGT with used vegetable oil for bio-diesel production. It is owned by Scott Brown, a stockholder and Technical Director of EGT. The Board of Directors has stated the intention of completing the transaction. The advance carries no interest or terms of repayment. The expiration the agreement to purchase Superior's business is December 31, 2012. In the event that Superior is not purchased, the note will become due and payable January 1, 2013. There is no collateral underlying the note receivable.



So reading that it appears the company wasn't purchased by December 31, 2012 and are now negotiating the acquisition again with Superior Service Recycling. If you look at the images below you will see that Superior Service Recycling and SoCal BioFuel are one and the same company with the same address and phone numbers listed on their contact us page. This seems to fit the bill as the last PR did state that the company is a current client of Extreme BioDiesel and this proves the associated between the two companies. Hope this helps... GLTA and of course this is all IMO from what I have found. If anyone has any feedback please let me know. Thanks!



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