CORONA, Calif., April 3, 2013 /PRNewswire/ — Extreme Biodiesel (Pink Sheets: BRKM) is pleased to announce that the Company has appointed Mr. Joe Spadafore as new Chief Executive Officer, Corporate President, and Chief Financial Officer in anticipation of imminent developments and potential acquisitions.
Former CEO and President, Richard Carter has resigned on good terms effective Tuesday April 2, 2013 in pursuit of other endeavors, leaving all corporate positions open; including President, CEO, CFO and Board Member. Joe Spadafore has been appointed as of April 3, 2013 to fill the positions of President, CEO, CFO and Treasurer.
On November 29, 2010, the Board of Directors appointed Joe Spadafore , to the position of Corporate Secretary and Treasurer. Joe has had extensive experience in business and multi-million dollar real estate transactions. Among his achievements in that industry, Joe had been ranked in the top ½ percentile of all Prudential California Realty agents nationwide; specializing multi-million dollar residences which he endeavored in for 17 years. Joe has employed and supervised up to 15 agents, and also owned a number of retail liquor stores for several years, while simultaneously working as a police officer and hostage negotiator for the City of Los Angeles; where he served for 15 years.
As part of his focus on ecological commercial development that enhanced his real estate practice, Mr. Spadafore became disenchanted with the American dependence on foreign oil, the funding of American problems overseas and the effect on our economy. In 2007, he decided to turn his attention to eliminating these problems and co-founded Extreme Green Technologies. Mr. Spadafore has been managing the marketing, sales and over-all general operations of Extreme Green Technologies. He has successfully negotiated contracts with numerous restaurants and food manufacturers for the collection of waste vegetable oil and brown grease interceptor/grease trap services. The brown grease interceptor/trap business provides EGT with additional cash flow and additional waste oil accounts. Mr. Spadafore has also been effective in negotiating projects such as a key agreement with an existing algae oil production company that has successfully tested algae oil for use in biodiesel.
“I am pleased to be able to serve Extreme Biodiesel in these capacities, and I am looking forward to being a key contributor to the propelling of the Company to the forefront of the industry through the potential acquisitions and developments that we have embarked on and foresee in the near future.” stated Joe Spadafore , Corporate Secretary of Extreme Biodiesel.
About Extreme Biodiesel: Extreme Biodiesel is a Company dedicated to the production of ecologically friendly biodiesel energy products. The Company’s state-of-the-art solutions are designed to provide a realistic means for dramatically reducing the United States’ dependence on foreign oil. Extreme Biodiesel entered the industry in 2003 with the creation of biodiesel processors designed chiefly for individual end-users. Extreme Biodiesel is further expanding its scope by increasing biodiesel production and also creating a Co-Op for both individual members and fleet accounts throughout Southern California.
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
For more information please visit our website at: www.extremebiodiesel.com
Contact Joe Spadafore , President at: 949-280-1557 or joe@extremebiodiesel.com
SOURCE Extreme Biodiesel
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