4,000 gallons per day and the plant is expandable to 20,000 gallons per
day of bio-diesel fuel from virgin and waste vegetable oil. Extreme
Biodiesel has completed IRS Fuel Tax registration requirements for fuel
tax credits and rebates, obtained the difficult State of California
Developmental Fuel Variance License, State of California Board of
Equalization excise tax registration, State of California Department of
Food and Agriculture Rendering and Transportation licenses along with
city permitting and licensing for the large refinery and home processor
sales. Final EPA RFS II registration for ASTM Certification is pending. The
company currently employs five employees and two independent
contractors.
The expansion to 20,000 gallons per day may have already happened.
Change/addition in management
From form 8-K dated April 15th, 2013
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers.
On April 15, 2013 Richard Carter resigned from all officer and director
positions with the corporation and Joe Spadafore was appointed to serve
as director, President, Secretary and Treasurer until the next regularly
scheduled shareholder meeting.
Joe Spadafore profiled in Forbes!
http://www.forbes.com/profile/joe-spadafore/
Excerpt from Forbes
“Mr. Spadafore, is in charge of marketing, sales and over-all general
operations of EGT. Joe 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. Joe has also negotiated a deal
with an existing algae oil production company that has successfully tested
algae oil for use in biodiesel.” Stay tuned for more on XTRM soon…