SOURCE: Budget Waste Inc.

August 13, 2008 13:22 ET

Budget Waste Changes Focus to Effect Growth and Shareholder Profitability

CALGARY, AB--(Marketwire - August 13, 2008) - Budget Waste Inc. ("BWI") (PINKSHEETS: BDGW) -- The company, Budget Waste, has undergone many changes with in the last two years; many of these changes can be seen within the market place as positives. The successful acquisition of ten plus industry related service companies has led to market expansion of services rendered. These factors led to an expansion of the revenue stream and the overall profitability obtained by the shareholders within the Company. These acquisitions and the respective income have derived the shareholders in BDGW a $ .04 per share return for the last quarter ending June 30, 2008.

These changes have also included the completion of a 3 year term audit, by outside Auditing and Accounting firms, which will allow the company to move from the Pink Sheets market into either the Bulletin Board Market or another Listed Exchange.

Within the course of the Audit of operations and revenue, and the acquisition process, many changes were made to the overall management and management style of the Company. These changes have allowed the Company to implement strong internal controls that will streamline future accounting and acquisition procedures. These controls will also identify cost effective measures that the company can take to reduce the overall expense of doing business. The latest of these measures that were discovered and completed was the change of the company vehicles being converted to all bio-diesel fuel so as to alleviate the higher costs of petroleum based fuels.

The Company would like at this time to thank the Shareholders for their loyalty and trust through these processes, and give assurances to those shareholders that this company will continue to monitor not only our costs, but our time and efficiency so as to benefit our shareholders values.

Budget Waste Inc. is a waste solutions company in Western Canada providing complete waste and recycling services to commercial, industrial, construction, homebuilding, oilfield and residential clients. With our broad range of innovative services we offer our customers more value for their dollar and reduce accounting costs by providing streamlined billing. BWI is currently following its growth through acquisition strategy with exceptional success. With regulations throughout North America pressing companies and individuals to be more vigilant in the way they handle their waste products we see vast opportunity for expansion of our distinctive services. We are confident that Extraordinary growth and focus on customer needs will bring our stockholders outstanding value for the confidence they have placed in BWI.

For more information on Budget Waste Inc., please visit our web site at www.budgetwaste.com or contact our investor relations department at:

Safe Harbor Act Notice: This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. Specifications are subject to change without notice.

Contact Information

  • Budget Waste Inc.
    Investor Relations

    3915 - 61st Ave. SE.
    Calgary, AB T2C 1V5
    Ph. 403-255-2900
    Toll Free 1-888-255-2990
    Fax: 403-255-3237
    Email: Email Contact