Extreme Biodiesel Inc (XTRM)

[Penny2Paper]

XTRM The Company would like to report that the initial results of the due diligence period could not be going any better. We have already determined that a well can be placed on the land, thus providing plenty of irrigation and the preliminary title results show a clean title. The company has just ordered a soils test to confirm that the land is suitable for Hemp cultivation, and has already been advised by a Hemp cultivation expert that the crop will thrive on the property. The company is engaging a planner this week to properly lay out the parcel for presentation to the proper permitting authorities.

Joseph Spadafore stated “I am very pleased to report that escrow has been going quite well. I am confident that we will close escrow on the parcel much faster than expected. Most likely as soon as the beginning of March 2014.”