TEMECULA, CA / ACCESSWIRE / April 22, 2014 / Extreme Biodiesel, Inc. (XTRM) today announced a joint venture agreement.
Extreme Biodiesel is proud to announce that it has entered into a joint venture with Sunburst Biofuels.
Sunburst Biofuels has been in business for over four years and presently operates from a 9,000 square foot location in San Bernardino County. Sunburst Biofuels specializes in esters and the sale of niche products that have a very high profit margin, such as biodegradable construction materials.
Extreme Biodiesel will be producing together with Sunburst Biofuels their eco slide product, which has proven to be a very successful glycerin-based biodegradable construction form release. This product has helped to replace petroleum products currently banned by the EPA.
The companies are exploring options to take the construction products national, and have started the process of working with a national vendor to test samples of the product.
Joe Spadafore, CEO of Extreme Biodiesel Inc. who is also also a licensed California realtor stated he intends to use his considerable real estate expertise to find and purchase another larger building to house both companies, as it is expected they will quickly outgrow the 9000 square foot facility.
Dr. Rainer Busch intends to use several of his processes to create additional products currently patented by Dr. Busch, all of which have a much higher profit margin than biodiesel.
XTRM will announce further developments as the joint venture progresses.
About Extreme Biodiesel and XTRM Cannabis Ventures
Extreme Biodiesel is an alternative fuel and recycling company. Our mission is to provide a cost-effective, high-quality alternative diesel fuel, create “green” jobs, reduce the environmental impact of fossil fuels and diminish US reliance on foreign oil. Extreme Biodiesel is currently repositioning itself into a holdings corporation with focuses on Bio Diesel, Real Estate, Technology and Cannabis Sectors
XTRM Cannabis Ventures is a wholly owned subsidiary of Extreme Biodiesel focused in the sector of Medical Marijuana, Cannabis and Hemp related products.
XTRM Cannabis Ventures Disclaimer
The Company would like to assure all investors that in all cannabis related actions the Company is conferring with counsel to be sure any business activities are deemed legal. XTRM advises all investors to see the website at: http://xtrmcannabisventures.com
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Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. XTRM is under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Extreme Biodiesel, Inc.