Archive for December, 2015

Shareholders, Investors Disagree with Claims Made By NJ State Agency

Official Press Release and Statement Regarding NJ Agency vrs. Extreme Energy Solutions, and its CEO as of December 22, 2015:

Source: Samuel K. Burlum, CEO and President and Green Tech Company, Extreme Energy Solutions, Inc. continues to debate the allegations made by the New Jersey State Agency and will head into a contest in court Summer of 2016. Burl um and Company continue to assert their affirmed defenses in both court of law and in the court of public opinion.

Oldenburg, New Jersey, December 22, 2015

Extreme Energy Solutions, Inc., currently located in Oldenburg, New Jersey, and its CEO and President Samuel K. Burl um, have been embattled in a heavy contest of debate with the New Jersey Bureau of Securities over a list of allegations it published in the public media October 2014. Burl um and Company had tried to settle with the State agency, ending in many failed attempts, with both sides not willing to settle on concessions that would bring this matter to a close. With the matter still standing, it is scheduled to be heard in administrative court late June 2016.  

Burl um, the Company, and many of its Shareholders (investors) have grown tired by the abusive tactics and bad faith demonstrated by the agency in the past year and two months. Shareholders have expressed their support for the Company and their CEO in a series of notarized letters, and condemn the actions of the State Agency. Letter can be reviewed here

“Extreme Energy Solutions, Inc. and I, continues to assert and affirm our defenses in this matter,” says Samuel K. Burl um, CEO for Extreme Energy Solutions, Inc., ” as the Company and I look to have this matter heard in both a Court of Law and in the Court of Public Opinion.”

“Many investors have also expressed their disgust and frustrations with the New Jersey Securities Bureau and Attorney General’s office, in which they are angered by the State’s actions, claiming it is the state which has put their investment in jeopardy. A large number of investors have written certified/notarized letters in support of the Company and Burl um, coming out against the New Jersey Bureau of Securities and the Attorney General,” added Burlum.

The Company claims it has lost a significant amount of business due to efforts by the NJ AG’s office and his staff, to vilify the Company and it’s CEO in the public. Burlum makes the allegation that the AG “purposefully and knowingly” left out important material facts that would weaken the state’s position in order to create the perception of a fraud when one does not exist.

In addition Burl um claims the AG, Bureau Chief, and members of their staff purposefully and knowingly engaged, in a very sophisticated on-line media smear campaign which defamed Burl um and the Company. Burlum states that this campaign has caused “confusion to our clients and investors,” thus resulting in financial damages for the Company.

“We are looking forward in getting these issues resolved so that we can continue to vision and mission of Extreme Energy Solutions, Inc.,” concluded Burl um.

The Company continues to offer its products and services including the Smart Emissions Reducer, Extreme Kleaner, Extreme Xtra Fuel Treatments, and H20 Energy Flow Bottled Water.

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