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.
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.
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