TEMECULA, CA / ACCESSWIRE / June 10, 2015 / Extreme Biodiesel, Inc. (PINKSHEETS: XTRM) today announced it has started negotiations with Off Your Rocker, a Southern California Craft Brewing Company.
Extreme and Off Your Rocker are researching the development of a Hemp infused Craft Beer. Some of the terms of the negotiations are XTRM providing Hemp Seeds to the microbrew company and retain a royalty off of units sold.
Joseph Spadafore, President of Extreme Biodiesel stated "As stated previously XTRM has been pursuing several projects to increase our presence in the Hemp sector including Hemp to Biodiesel, and a personal biomass reactor. As federal and governments ease restrictions XTRM will be in a position to capitalize in those markets."
About Extreme Biodiesel:
Extreme Biodiesel is an alternative fuel and recycling company with several wholly owned subsidiaries such as XTRM Cannabis Ventures, and Extreme Biodegradable Products that work together to compliment Extreme Biodiesel. Our mission is to provide a cost-effective, high-quality alternative diesel fuel comprised of natural plants and food waste, create "green" jobs, reduce the environmental impact of fossil fuels and diminish US reliance on foreign oil.
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. XTRM is 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.
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SOURCE: Extreme Biodiesel, Inc.