InvestorsHub Logo
Followers 118
Posts 2624
Boards Moderated 0
Alias Born 03/28/2013

Re: None

Friday, 12/20/2013 2:14:59 PM

Friday, December 20, 2013 2:14:59 PM

Post# of 21503
Acquisition/Merger on the Horizon

Form 8-K dated November 5th, 2013

Mergers & Acquisitions.



Management has determined that it is in our best interests to chart a strategic course for the Company to grow faster by more mergers and acquisitions. Management is planning for expansion, by additional mergers and acquisitions to generate greater revenues and profits, and by shifting our focus to invest in profitable natural and alternative energy technologies as well as Real Estate.



The potential targets profile will primarily include companies with well-established marketing and distribution channels, a defensible competitive position and strong growth opportunities. This will also include companies that have a strong asset base with hard or fixed assets, real property, plant, equipment, proprietary technologies, patents, and exclusive licenses. We are aggressively seeking potential acquisition targets to meet these objectives.



We believe, but can provide no assurances, that this will bring even greater revenues for our Company, solid earnings and bring more value to our shareholders.





Current factory and operations

From Form 10-Q Dated November 19th, 2012

Extreme Biodiesel currently has an existing fully licensed and permitted bio-diesel production facility in Corona, CA capable of producing up to 4,000 gallons per day and the plant is expandable to 20,000 gallons per day of bio-diesel fuel from virgin and waste vegetable oil. Extreme Biodiesel has completed IRS Fuel Tax registration requirements for fuel tax credits and rebates, obtained the difficult State of California Developmental Fuel Variance License, State of California Board of Equalization excise tax registration, State of California Department of Food and Agriculture Rendering and Transportation licenses along with city permitting and licensing for the large refinery and home processor sales. Final EPA RFS II registration for ASTM Certification is pending. The company currently employs five employees and two independent contractors.

The expansion to 20,000 gallons per day may have already happened.



Change/addition in management

From form 8-K dated April 15th, 2013

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.

On April 15, 2013 Richard Carter resigned from all officer and director positions with the corporation and Joe Spadafore was appointed to serve as director, President, Secretary and Treasurer until the next regularly scheduled shareholder meeting.

Joe Spadafore profiled in Forbes!

http://www.forbes.com/profile/joe-spadafore/

Excerpt from Forbes

“Mr. Spadafore, is in charge of marketing, sales and over-all general operations of EGT. Joe has successfully negotiated contracts with numerous restaurants and food manufacturers for the collection of waste vegetable oil and brown grease interceptor/grease trap services. The brown grease interceptor/trap business provides EGT with additional cash flow and additional waste oil accounts. Joe has also negotiated a deal with an existing algae oil production company that has successfully tested algae oil for use in biodiesel.”