HUNTINGTON BEACH, Calif.—Bio-Clean Inc. (OTCBB: BOCL) entered into a Letter of Intent to acquire certain assets, including patents, trademarks and worldwide merchandising rights, of Biotec Foods, a manufacturer of nutritional supplements. The acquisition is subject to further due diligence and negotiation of a definitive agreement.
Biotec Foods produces and markets a variety of dietary supplements, while Bio-Clean markets consumer, commercial and industrial cleaners developed using blends of bio-degradable surfactants and live microbes. E.G. Marchi, president of Bio-Clean, commented on Biotec’s operation, noting, “Its focus is the development of enzyme-based products to counter antioxidant enzyme deficiencies that can occur due to poor nutrition and the excess stresses of aging, pollution, surgery, radiation, overexertion, and illness."
