XTRM Announces Mobile Cannabis/Hemp To Biodiesel Unit
February 06 2014 - 9:00AM
Access Wire
February 6th, 2014 Corona, CA Extreme Biodiesel,
Inc. (PINK:XTRM) today announced that the Company wholly
owned subsidiary XTRM Cannabis Ventures has just
completed assembly of its first Mobile Hemp To Biodiesel
Production Unit.
XTRM Cannabis Ventures will begin marketing and
posting specs for the Mobile Hemp to Biodiesel unit shortly on its
new website being constructed at
http://xtrmcannabisventures.com.
It is anticipated that later this week, President Obama will
sign a massive five-year, $1 trillion farm bill, which cleared the
Senate on Tuesday. When he signs it current longstanding
restrictions on the growth of cannabis/hemp will be lifted. A
problem for the biofuel industry has always been locating
cost-effective products for conversion into biodiesel. Until
recently Hemp was simply too expensive to consider for biodiesel,
but with the passage of the farm bill hemp costs are expected to
decrease. Given that Hemp seed has a better cloud point and
cetane value plus similar oil content to other seeds such as
Canola, Hemp will quickly become a viable and better
alternative.
Housed in a traditional 25 foot trailer the mobile hemp
biodiesel unit can be moved very easily from site to site to
maximize output. XTRM is positioning itself to become one of
the if not the first Company to market a dedicated Mobile Hemp to
Biodiesel Unit.
Company President Joseph Spadafore stated “Using existing
relationships with others involved in the industry such as product
developers and growers we believe there will be great
demand for this product”
Other Relevant Links
Legalization of Hemp
http://www.marketwatch.com/story/victory-for-hemp-farmers-as-us-house-of-representatives-legalizes-the-cultivation-of-hemp-2014-02-03?reflink=MW_news_stmp
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 being developed at
http://xtrmcannabisventures.com
Investor Relations Contact
info@extremebiodiesel.com
Safe Harbor Disclaimer
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.
Extreme Biodiesel (CE) (USOTC:XTRM)
Historical Stock Chart
From Aug 2024 to Sep 2024
Extreme Biodiesel (CE) (USOTC:XTRM)
Historical Stock Chart
From Sep 2023 to Sep 2024