U.S. Microbics announced that they are working on many strategic projects in order to prepare for potential business. Completing these projects could change the company drastically from making $512,000 a year, into over $8 Million a year.
The CEO of U.S. Microbics, Robert Brehm, stated that the company is expanding their resources, and dealing with the new Mexico governmental political changes and business development in order to get ready for the revenues expected to come from their subsidiary Sub-Surface Waste Management.
He anticipates that the first contracts that have been already been signed are only a glimpse of the potential contracts.
In conclusion he stated, “We are finally beginning to see the results of the past two years of business development in Mexico as contract revenues begin to flow, making shareholder value increase and allowing new financing for acquisitions and new business development. I expect to see higher revenue this quarter with a larger ramping up next quarter as equipment is deployed and labor is billed with the new contracts and we start to recognize revenue from the expected acquisition.”
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