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Two Micro-Cap Stocks Team Up To Help Clean Up the Gulf of Mexico
By: AllPennyStocks.com News
June 25, 2010
The sight of all that oil piled into the waters of the Gulf of Mexico is an appalling one – reminding us that oil and water truly don’t mix. Add to this the lost dollars in the tourism business and other industries and we have a catastrophe of major proportions.
But to the rescue come companies big and small, who saw this disaster coming and prepared themselves to help solve it. One is located thousands of miles away, on the Pacific Coast, the other in Wisconsin, and the two are uniting to tackle the awful consequences of the Gulf spill.
Carlsbad, California-headquartered U.S. Microbics (Pink Sheets:BUGS), an environmental technology company, and Racine, Wisconsin-based Pacific Sands, Inc. (OTCBB:PFSD) announced in late June that they are jointly formulating products that could directly benefit victims of the spill, products that could soon be available for consumer and commercial use and could be used on marine structures and wildlife contaminated with gooey oil.
Using components of PFSD’s Natural Choices™ product line and the oil spill cleanup experience of BUGS management, coupled with direct input from industry experts and technologists, the companies hope to introduce one or more products that can help clean up oil spill residue without using additional solvents, dyes, and chemicals that irritate the skin, require special equipment and training to apply or may harm the environment.
BUGS, which incorporated in 1997 after purchasing the proprietary micobial technology from biofirm XyclonyX, is an environmental technology company providing administrative management services to its operating subsidiaries. The company operates through two divisions, USM Solutions and USM Capital Group, Inc.
The USM Solutions division provides proprietary microbial technologies that provide natural solutions to various environmental problems. Its microbes or "bugs" are used to break down various hydrocarbon substances, including oil, diesel fuel, MTBE, Perchloroethylene (PCE), toxic waste, and certain water and soil contamination.
PFSD is an environmental products company that develops, manufactures and sells a wide variety of eco-friendly products for cleaning and water maintenance applications. The company's broad portfolio of products are sold world under numerous private label brands as well as its house brands, ecoone® and Natural Choices™.
Shares in BUGS surmounted the five-million mark within an hour of the opening of trading on June 25, the disaster in the Gulf fully embedded in investors’ minds, and the price hovered around 1.1 cents, only slightly off the 1.4-cent high for the last 52 weeks achieved the day before. The low for the year was two-100ths of a cent, to which it sank shortly before Christmas.
PFSD’s shares also sold like the proverbial hotcakes the same day, more than 200,000 shares changing hands the same hour. The stock’s price climbed to nine cents, yet another 52-week high, after it sank to a depth of two cents in late May. The figures speak for themselves – word is getting around about these two stocks, their companies’ accomplishments, and what more both can do. Investors should take a close look at both.
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