Not necessarily. Calling your "six degrees of separation" exercise attempting to link the current iteration of US Microbics to an an active business entity providing oil spill remediation is NOT DD.
Take the company at its own words, you'll have to as there is no contact phone # to speak with anyone at the company.
"The company is seeking new investment to roll out its business plan."
There has been no follow up announcement as to whether or not 'new investment' has been received. That, and an announcement of BUGS current status, or that of its 'affiliates' RE remediation, are the key missing pieces of info that will turn speculation into an investment.
I don't rule out that such announcements might be made. At the very least the principals of the company have to be aware of the speculation about BUGS current roll in oil remediation and concerned that their actual business model is being misrepresented.
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.
"Six degrees of separation":
Favorite Links Bio-Miracle Website Green Awakening Website Green Mountain Dev Corp Join Green Awakening Might E Microbe & Friends My Green Balloon
News 
Market Data 
Discover 
AI
