Business & Finance
Business and Finance
Business and Finance 
Tue, December 22, 2009
Mon, December 21, 2009
COSTA MESA, CA--(Marketwire - December 21, 2009) - ENVIROTEK (
ENVIROTEK was restructured from a former publicly traded company, "In Control Security, Inc.," in the third quarter of 2009, to accommodate the acquisitions already under way by ENVIROTEK's management team. The company required a firm structure to accommodate the planned acquisitions for growth and increased productivity for these new acquisitions, which is expected to ultimately result in increased revenues and greater profitability to both the companies and their shareholders. The increased values and profitability will be reported in consolidated accounting through the parent company ENVIROTEK (ENTK)
ENVIROTEK currently owns or controls majority interests in the following subsidiary companies:
All Green Energy, Inc.: ECO Friendly lighting products manufacturer, comprising of commercial patented UL approved energy saving devices, already installed and in use by several large Las Vegas Casino chains in their parking facilities which has currently already resulted in a third party verified 31% power bill savings. The company also distributes new low energy LED lighting for commercial and industrial applications. This company is currently in discussions for several large LED lighting and energy saving device orders. All Green Energy, Inc. is a wholly owned subsidiary of ENVIROTEK. The company has revenues and sales, which will be reported in the ENVIROTEK consolidated financial statements in January 2010.
Extreme Green Technologies, Inc., DBA EXTREME-BIODIESEL. The company is comprised of two divisions, a fully operation State and Federally licensed Bio-Diesel refinery and a portable mini Bio-Diesel refinery manufacturing facility. Extreme Bio-Diesel is located in Corona, California. The refinery currently produces approximately 4,000 gallons of Bio-Diesel per day and the plant is currently in the process of expanding production to 20,000 gallons per day. This is expected to be completed during the second quarter of 2010. The company qualifies for both the State and Federal Carbon Credits programs equating to over $1.30 per gallon produced, which is paid directly by the Government to the company. This Carbon Credit program is currently mandated through 2018 to Licensed Bio-Diesel refineries. Extreme Bio-Diesel is currently one of only 20 fully licensed facilities in the USA today.
The company manufacturers portable mobile mini refineries at the Corona facility for small business and owner use only (not for resale). This award-winning product (SEMA Show 2008) created revenues in excess of $990,000 in 2008 with minimal promotion. The company plans to increase production to meet current demand and pending commercial inquiries. Website [ www.extremebiodiesel.com ]. ENVIROTEK currently owns 51% of Extreme Green Technologies, Inc.
View this release in video format: [ http://www.vodnewswire.com/vodnewswire/news/envirotek-20091221/ ]
ENVIROTEK currently has Joint Venture (JV) agreements with several other Power, Clean-Air Technology and Alternative Fuel companies.
ENVIROTEK President Robert Thompson announced today the company plans to release publicly the 2009 Audited Financial Statements along with the company's projected revenues and pending acquisitions in January 2010.
ENVIROTEK CURRENT SHARE STRUCTURE:
Common Shares Issued & Outstanding: 17.1M (11M+ Restricted Insider Stock)
Preferred Shares Outstanding: 60.0M (Non-Tradable Control & Acquisition Shares)
ENVIROTEK plans the launch of its new website this month.
Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as ENVIROTEK or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.