Budget Waste Inc. (“BWI”) (PINKSHEETS: BDGW) — The company, Budget Waste, has undergone many changes with in the last two years; many of these changes can be seen within the market place as positives. The successful acquisition of ten plus industry related service companies has led to market expansion of services rendered. These factors led to an expansion of the revenue stream and the overall profitability obtained by the shareholders within the Company. These acquisitions and the respective income have derived the shareholders in BDGW a $ .04 per share return for the last quarter ending June 30, 2008.
These changes have also included the completion of a 3 year term audit, by outside Auditing and Accounting firms, which will allow the company to move from the Pink Sheets market into either the Bulletin Board Market or another Listed Exchange.
Within the course of the Audit of operations and revenue, and the acquisition process, many changes were made to the overall management and management style of the Company. These changes have allowed the Company to implement strong internal controls that will streamline future accounting and acquisition procedures. These controls will also identify cost effective measures that the company can take to reduce the overall expense of doing business. The latest of these measures that were discovered and completed was the change of the company vehicles being converted to all bio-diesel fuel so as to alleviate the higher costs of petroleum based fuels.
The Company would like at this time to thank the Shareholders for their loyalty and trust through these processes, and give assurances to those shareholders that this company will continue to monitor not only our costs, but our time and efficiency so as to benefit our shareholders values.