
TBSS International, Inc., an International Service Company, Begins Trading Under Symbol "ANSHD"
Company's Licensed Technology Winning Service Contracts in Gold Mining and Oil Drilling
TAMPA, Fla., Oct. 13, 2011 /PRNewswire/ -- TBSS International, Inc. (OTCBB: ANSHD) ("TBSS"), an international service company with existing service contracts to assist companies that have begun gold mining and oil drilling, as well as work on water well drilling, trenching and general construction, has begun trading under the symbol "ANSHD" on the OTCBB. TBSS currently has exclusive regional rights to various technologies which have resulted in these contracts that are currently being fulfilled with initial revenues to be recognized in the fourth quarter of 2011.
Mr. Todd Spinelli, CEO of TBSS International, said, "TBSS has secured a number of contracts to facilitate existing companies engaged in gold mining, horizontal oil drilling and water separation in oil fields. The TBSS revenue is not dependent on finding or processing gold or oil and will be paid irrespective of the returns from such enterprises. Initial revenues will be booked in the fourth quarter with the preponderance of the revenues to be booked in the first quarter, 2012."
Spinelli continued, "Based on what we are seeing in the marketplace, we anticipate announcing a number of individual contracts now that we are no longer a private company. We will be informing our shareholders on our progress on an ongoing basis with more financial details in the near future."
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About TBSS International
TBSS International is a domestic and international service company with service contracts in different sectors such as gold mining, oil drilling, water well drilling, trenching and construction. The management team of TBSS has been in the construction industry since 1950 with a strong reputation for completing contracts on time and within budgets. The strength of TBSS emanates from the company's joint venture partners and their respective technological expertise.
Safe Harbor Act: This communication contains certain comments or "forward-looking statements" that fall within the meaning of the Private Securities Litigation Reform Act of 1995. Such comments and statements are based largely on the company's current expectations and are subject to certain risks, trends and uncertainties. Words such as "anticipate", "estimate", "expects", "projects", "intends", "plans", "believes", and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify such comments or forward-looking statements.
Forward-looking statements are not statements of historical fact. They are management's present expectations of future events, and include comments about the Company's business strategies and objectives, the prospects for growth in the Company's various business operations and the Company's future financial performance. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances that could cause actual results or events to differ materially from those anticipated in such statements.
Contact:
TBSS International
855-OIL-GOLD (855-645-4653)
SOURCE TBSS International, Inc.
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