Budget Waste (“BWI”) announces that it is currently in the final stages of due diligence on the anticipated acquisition of a fully reporting company listed on the Over the Counter Bulletin Board. Budget has planned this strategic move for some time now in order to move the trading of its shares from the Pink Sheets to a more regulated market such as the OTCBB. By becoming a fully reporting issuer, the Company will be able to offer more transparency to its shareholders and investors.
Budget anticipates that within the next 14 days, it will enter into a definitive agreement to acquire the new entity. At such time that a definitive agreement is signed, Budget will announce the name of the entity.