CybeRelease: $2.25 Million Funding Received by (OTC: BSLM)
(CybeRelease, May 2, 2006) - Lake Harmony, PA - Bio-Solutions Manufacturing, Inc. (OTC BB: BSLM) (Frankfurt: B2T.F) announces the finalized agreement for straight equity financing with T & T Capital of Switzerland. The financing was done at $.50 per share with warrants at $1.00 per share. “T & T Capitol has financed many companies in the US and Europe and is looking forward to working with Bio-Solutions Manufacturing, a revolutionary bioremediation and bio-diesel company,” says Mr. Ivano Anglestri, T & T Capital’s President.
“We are very pleased to have T & T Capital as a business partner and we are looking forward to the opportunities this venture will bring,” says Mr. David Bennett, President and CEO of Bio-Solutions Manufacturing. “This funding gives us the ability to develop and market our biodiesel and environmental products. In addition, the financing will allow BSLM to join with the marketing arm of Bio-Solutions Franchise Corp. (BSFC), the corporation that has the patented grease extractor technology which allows us to produce bio-diesel.”
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CybeRelease Gainers are Standard Management Corporation (Nasdaq: SMAN), National Coal Corporation (Nasdaq: NCOC), MGP Ingredients, Inc. (Nasdaq: MGPI), SEI Investments Company (Nasdaq: SEIC), Altair Nanotechnologies Inc. (Nasdaq: ALTI), Gulfport Energy Corporation (Nasdaq: GPOR), LoJack Corporation (Nasdaq: LOJN) and Transmeta Corporation (Nasdaq: TMTA).
CybeRelease Decliners are deCODE genetics, Inc. (Nasdaq: DCGN), North American Scientific, Inc. (Nasdaq: NASI), ev3 Inc. (Nasdaq: EVVV), Leading Brands Inc. (Nasdaq: LBIX), United Therapeutics Corporation (Nasdaq: UTHR), Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL), Unity Bancorp, Inc. (Nasdaq: UNTY) and Polydex Pharmaceuticals Limited (Nasdaq: POLXF).
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