TBSS International, Inc.

The Company
TBSS International, Inc. (OTCBB: TBSS) is a domestic and international service company with service contracts in several different sectors such as gold mining, oil drilling, water well drilling, trenching and construction. TBSS International is a visionary development firm with a management team representing over 50 years of collective experience in winning competitive contracts on the strength of incorporating proprietary technologies from a network of venture partners.
TBSS International has worked with a number of Fortune 500 companies requiring an emphasis on environmentally sound practices, in addition to smaller companies operating domestically and internationally. TBSS’s has won construction and service contracts in the following industries:
- Construction
- Oil Drilling
- Gold Mining
- Water Well Drilling
- Sonic and Horizontal Drilling
TBSS fulfilled a contract from Con Edison to reduce energy consumption by 30% throughout the Tristate area of New York, Connecticut and New Jersey. TBSS International’s network of industry professionals designed and implemented a more energy efficient florescent lighting system which surpassed expectations by reducing overall power consumption by 60%. Another client, Coca Cola and Company, used TBSS International to increase production at a bottling facility in Maspeth, New York (Queens). TBSS International coordinated and executed on a plant relocation plan as well as a complete redesign of the facility bottling system.
Smaller construction projects include converting a building shell into a seventeen unit apartment building for Finkelstein & Morgan Real Estate.
The company recently signed a Letter of Intent to acquire Velella International Lighting, Inc. (“Velella”). Velella is a company with proprietary energy-efficient lighting technology with additional patents being prepared for filing with the US Patent Office.
Todd Spinelli, CEO of TBSS International, Inc., said, “We are very excited about our plans to acquire Velella International Lighting with their proprietary energy-efficient lighting systems. I do not need to say much about the size of the market for low operating cost; low maintenance lighting that helps solves our nation’s energy problems. We anticipate closing on the acquisition prior to the end of 2011 after conducting the requisite due diligence. After closing, we will announce more details on both the revenue projections and the business plan.”
John Velella, President and CEO of Velella, added, “We look forward to closing on TBSS’s acquisition of Velella and working together on introducing our energy efficient lighting systems. In the past, whether it is LED lighting, compact fluorescent lighting or daylight harvesting ballasts, there have always been significant drawbacks. Competitive technologies have either had too high an initial cost, high operating costs, and/or disposal challenges. Velella’s lighting system addresses not one, but all, of these concerns.”
Velella International Lighting, Inc.
Velella’s technology is a proprietary energy-efficient lighting system for the residential and commercial lighting industry. Velella has a research and warehouse facility in Ft. Lauderdale, Florida and warehouse and a research and development facility in St. Thomas, The Virgin Islands. The Company has an inventory controlled backlog of $3.2 million of strip and dock piling lights with transformers in the pipe on the production line from the Velella Lighting manufacturing facility (ZZW Precision Tool Supply, Shanghai Co. LTD, Pugong, China). Velella has already installed a number of residential and commercial pilot sites to validate utility cost savings of up to 85%.
The Velella Lighting system is a light powered by a DC electrical system. It is a ‘cool ‘ light system that has no external heat with no ‘greenhouse’ gas emissions offering power savings of 85%. All elements used in the “system” are UL-rated for USL Low Voltage Landscape Luminaries Dock Piling Lights (DPL) and Landscape Systems (LS) for environmentally friendly (near loggerhead turtle nesting sites) and landscaping lighting.
Florida and U.S. statutes protect sea turtle nesting sites requiring strict adherence to lighting limitations which distract and disorient the endangered species. These regulations mandate that land and dock owners, high-rise owners, municipalities and state governments comply with “turtle friendly lighting” and the patented lighting system, particularly the Velella lighting system, are the only type of light that turtles will barely see, allowing them to nest, thereby complying with Turtle Conservation Coastal Lighting Regulations.
The Velella Retro Fit is designed to replace all fluorescent fixtures by utilizing an oblong u-shape bulb fastened in the housing with a reflective acrylic backing – lamination provided by five (5) adjacent oblong matching panels. Enhanced lighting comes from the reflective acrylic magnification lens using varying formulas to bring the desired wattage.
The Velella lighting system is non-Corrosive, unlike LED lights, and has an average life span of 28 years versus a maximum of limited warranties for identified competitive LED products, so customers will experience reduced labor costs required to maintain current lighting systems. Significantly, Velella lights radiate no heat compared to LED’s inherent heat production. Without the need for heat mitigation, cooling costs are reduced.
The Industries
Construction
The principals of TBSS International collectively have over 50 years of construction experience which spans a wide array of project types. Their flexibility to meet community demands has afforded them the opportunity to work on anything from private residential renovations to 50 story office complexes. They pride themselves on the ability to take a project from conception to a quality finished product while staying under time and budget constraints. Regardless where a project is located, TBSS can mobilize quickly to bring the resources necessary for the timely completion of the project. Their reputation for quality execution has helped TBSS to develop a list of repeat clients that provides them with referrals.
Oil Drilling
The oil industry has changed dramatically over the years, but one thing remains the same—this is still a business of extracting the most oil out of every concession.
TBSS International’s network pushes the edge of that change with a patented water separation technology that separates oil from the water in the field, thereby eliminating a large part of the refining process. Besides being more cost and time effective, this technology increases the potential for additional production.
Significantly, the separation process is so precise that it produces water pure enough to drink. This is beneficial in two ways. For offshore drilling, it eliminates the need to have fresh water delivered to the offshore platform to continue the down hole process. The same holds true when drilling on land with the additional environmentally-friendly benefit of recycling pure water back into the earth.
Gold Mining
TBSS International’s commitment to the environment and industry standards led them to seek out new and innovative means of extracting gold. While TBSS International’s network has extensive experience in open pit mining, they prefer a more scientific approach for environmental reasons. They use ground penetrating radar (GPR) to take a snap shot of the mineral reserves subsurface which allows their sonic drilling engineers to approximate the richest mineral deposits. GPR maximizes the client’s exploration budget while minimizing the destructive effects on the environment.
Water Well Drilling
TBSS International’s partner network has been drilling fresh water wells over the past ten years, yet recent advancements in technology now include sonic drills. This technology has virtually replaced the use of drilling trucks, but TBSS has found that it is still beneficial to operate these trucks in emerging markets with minimal infrastructure.
Sonic and Horizontal Drilling
Sonic Drilling
TBSS International’s network has been in the Sonic drilling business for over 5 years and its use continues to grow as the technology advance has been the solution to many challenges in the field. A sonic drill head sends high frequency resonant vibrations down the drill string to the drill bit. There has been many technological advances in Sonic Drilling over the last five years and TBSS International will remain on the cutting edge as this promising technology evolves.
Horizontal Drilling
TBSS’s partners have been utilizing Horizontal (or slant) Drilling which enables access to oil reservoirs that are under towns, lakes or under a difficult to drill geological formation. Horizontal drilling also offers a very cost efficient method to have more wellheads clustered on one drilling platform with wells fanning out.
The Markets
Continued concern over the nation’s water supply has generated numerous regulations regarding discharge from a wide variety of facilities. Not only are the regulations addressing potentially large spills, but also small chronic discharges. Business and Industry are constantly striving to meet these ever increasing regulations. Many industries use oil or oil-based products. Improper storage and handling of these materials may result in the contamination of nearby waters. Failure to prevent discharge into the environment may result in significant clean up costs and penalties. Federal, State and local regulations govern discharge from a wide variety of businesses and industry.
TBSS International won a contract with Hydrasep, Inc. in November 2011, for trenching and installation of pipe valued at $400,000 with the revenue to be recognized in the current quarter. The contract is for the installation of approximately 7,500 feet of High Density Polyethylene (HDPE) pipe for the connection of an oil separation unit with completion expected by December 15, 2011. There will be a number of additional contracts to be announced in the near future with revenue to be recognized in the current quarter and first quarter, 2012.
Hydrasep was founded in 1995 to develop an oil/water separator that meets EPA storm water run-off regulations. Hydrasep engineers were instrumental in the development of ASTM Standard Practices for separator performance testing. In order to meet the needs in the field, Hydrasep developed a simple-to-operate, highly efficient and cost-effective separation technology. Hydrasep separators are known in the industry for their ease of maintenance, durability, reliability and performance. The company continues to develop new products for oil/ water separation.
Management Team
Todd Spinelli, President, CEO & CFO
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 Future
TBSS International’s mission is to educate and provide their clients with the most innovative technologies that reduces and minimizes their global carbon footprint while building shareholder value.
The company expects to make further announcements in the near future regarding details of its ongoing forward strategy and other planned initiatives to grow the business. TBSS International, Inc. is poised to become a significant player in the construction services industry!
MP has been compensated, in connection with its profile of TBSS International, Inc., eight hundred thousand shares of TBSS International, Inc.‘s common stock by a third party shareholder. To date, MP has sold one hundred thousand shares of stock in TBSS International, Inc. for proceeds totaling ten thousand nine hundred fifty one dollars.
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