Extreme Biodiesel, Inc. The Company’s Board of Directors has approved the motion to immediately terminate the Reg A
Extreme Biodiesel (OTC Pink: XTRM) announces the termination of its Reg A filing, highlighting financial strength and growth potential. The subsidiary, North Star Homes, is performing well, with anticipated significant growth in 2022 and beyond. Management aims to enhance shareholder value through disciplined practices, focusing on revenue increase and margin maintenance without issuing new shares for expansion. CEO Vinnie Angelos expresses optimism, noting exceptional growth and a commitment to shareholder value.
- Termination of Reg A filing reflects financial strength.
- North Star Homes shows significant growth potential for 2022 and beyond.
- Management committed to increasing revenues and maintaining margins.
- None.
Boise, ID, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Extreme Biodiesel, Inc. (OTC Pink: XTRM), The Company’s Board of Directors provides this update to shareholders and the public.
The Company’s Board of Directors are excited to announce that a motion was passed to terminate its Reg A filing. The Company’s subsidiary, North Star Homes, is doing very well and significant growth is indicated for 2022 and beyond. Management is fully committed to building shareholder value by increasing revenues and maintaining margins through a financially responsible and disciplined set of business practices. We plan to finance our expansion to meet our growing needs with profitability and internally generated resources without the use of company shares.
Vinnie Angelos, CEO, stated “The company has been doing very well, we have experienced exceptional growth year over year, we look forward for having another great year in 2022., Canceling the Reg A is an indication of our financial strength and will give our shareholders better value.
Company’s websites https://xtrm-northstar.com https://www.northstaridaho.com. Please follow us on Twitter @XTRMBio.
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. The company may make forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates that reflect the company’s best judgment based upon current information. All investments involve risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company’s public announcements.
Contact:
Extreme Biodiesel, Inc.
info@xtrm-northstar.com
FAQ
What does the termination of the Reg A filing mean for XTRM shareholders?
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