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SSWM - German Bank Issues LOI for $33MM

post #1 of 21
Thread Starter 
Gapper tomorrow


SUB SURFACE WST MGT DEL INC (U-SSWM) - News Release
German Bank Issues LOI for $33MM for SSWM Environmental Emergency Response Stations in Veracruz, Mexico; SSWM/ETI to Equip and Operate Eleven Stations under Five Year Agreement

2006-06-07 15:57 ET - News Release

Also News Release (U-BUGS) US MICROBICS INC


CARLSBAD, Calif. -- (Business Wire) -- June 7, 2006

Sub-Surface Waste Management of Delaware, Inc.
(OTCBB:SSWM), announced that officers of its Mexico subsidiary
company, Environmental Tec International, S.A. de C.V. (ETI) have
arranged for and received copies of letters of intent from Deutsche
Forfait Bank (http://www.defag.de) sent to the State of Veracruz to
provide $33 MM USD to equip eleven (11) Environmental Emergency
Response Stations whose equipment procurement and staffing will be
performed by ETI under a five year operating agreement with the
State's Sub Secretary of Civil Protection.
In meetings this past weekend during the 2006 Rains and Hurricanes
Seminar hosted by Governor Fidel Herrera of the State of Veracruz, ETI
executives were informed by Sub Secretary Ranulfo Marquez for Civil
Protection that the order for establishing Environmental Emergency
Response Stations has been increased from an original eight (8) to
eleven (11) stations to be co-located at strategic Civil Protection
response yards around the State.
Bruce Beattie, CEO of SSWM, stated, "We are very excited to obtain
the letters of intent from DF Bank and look forward to staffing,
training and operating eleven emergency response stations throughout
the State of Veracruz to address civil protection and exposure to
toxic releases that occur periodically as well as during storm events
such as hurricanes. We applaud Governor Herrera and his staff for
their pro-active efforts in creating a comprehensive environmental
emergency response and remediation service capability."
post #2 of 21
Thread Starter 
post #3 of 21
yeah, this one should be a good one for tomorrow.....hope it doesn't gap too hard....would like to enter. if hard gap, will wait for mid morning dip
post #4 of 21
Thread Starter 
watch it ... could pOP
post #5 of 21
Thread Starter 
gapping

.05 x .052
post #6 of 21
how high do you guys consider "too high" of a gap?
post #7 of 21
Thread Starter 
.052 x .055
post #8 of 21
yeah.. I am not sure at what point is to high.. anyone?
post #9 of 21
this needs a volume enema...
post #10 of 21
Quote:
Originally Posted by clarkeysmalls
this needs a volume enema...
lol..It just got one the last few days...were close enough for bottom for me .
post #11 of 21
a hurricane company that's tradind at support level ? Buy opportunity here. I've entered at 0.03 and averaged down a bit by doubling my position yesterday.
post #12 of 21
bugs wil follow
post #13 of 21
Quote:
Originally Posted by bihoreanu
a hurricane company that's tradind at support level ? Buy opportunity here. I've entered at 0.03 and averaged down a bit by doubling my position yesterday.
I hear you This is one of those plays like bugs,that sat @ .05 for a long time and when it ran it was like "why didnt i load up "

THIS is when I buy ....when its down and there is no fundamental reason for it.....
post #14 of 21
.025!! next MM is .0275
post #15 of 21
.0275 nite trys to cool it off with a 5k sell/buy
post #16 of 21
Bottom confirmed..HUGE blocks took out all the .024s AND all the .025s real fast! Real good close! HOD .0275

We will rue the day we did not buy every single share below .03

I added more today, but wont hesitate to get more if it holds....i think it will.
post #17 of 21
Reversal ! The chart is looking good as srtong block buyint took out not only thr .024s and .025s...but all ther .o26s as well ...closed hod with vol
post #18 of 21
.03 ..... insider buys..recent ones all @ .03
post #19 of 21
News out...tapping the US market
post #20 of 21
nice close ,but i 'spect theres some dillution going on...not huge, unless they are really dragging it out...
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