CybeRelease: (OTC: BSLM) To Buy BioExtraction Services, Inc.
(CybeRelease, May 15, 2006) - Lake Harmony - Bio-Solutions Manufacturing, Inc. (OTC BB: BSLM) (Frankfurt: B2T.F) has reached an agreement to acquire BioExtraction Services, Inc. (BESI), a New York Corporation, in a stock exchange.
BESI owns a proprietary technology complimentary to Bio-Solutions Manufacturing’s current line of business, and in particular, enhancing its recent venture into the production of biodiesel.
This transaction is expected to close in the very near future.
According to Peter Chapin, President and CEO of BioExtraction Services, Inc., “This is a perfect marriage bringing together BSLM’s biotechnology and BESI’s mechanical interceptor in a symbiotic relationship that will allow us to become a major player in renewable energies with green and environmentally safe fuels to meet the energy needs of the future.”
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