BNET Industries
Last Fiscal Year Sales:$17.5M
- Private
- US
Dow Jones Description
Soil Technologies was founded in 1982. In 1983, the company received a $2.5 million investment for research and development in the area of sustainable agriculture. During 1983-1986, Soil Tech's research focus was related to agronomic applications for cyanobacteria and microalgae to solve soil mechanical problems and reduce synthetic fertilizer requirements. The company began product commercialization activities in 1985. Markets included crop farms, horticulture, and the golf course and landscape maintenance industries. In 1990, the company received funding from the state of Iowa to develop biofungicide products for agricultural and turfgrass applications. Since the successful completion of this project, the company has been active worldwide in the development, manufacturing and marketing of numerous biopesticide, biofertilizer and botanical pesticidal product technologies. In 1999, Soil Tech launched an online catalog for "E-Commerce" to market its products to customers. The targeted applications are gardens and home lawns. The online catalog markets under the name of America Natural Products Co. The URL is http//www.americanatural.com. Today, as demand increases, Soil Tech continues to acquire and develop safe and natural technologies that meet the growing needs of agri-industry. ...
Number of Employees 14
Peer Companies
NAICS Code Pesticide and Other Agricultural Chemical Manufacturing: 325320
News & Analysis
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American Soil Technologies Enters into a Joint Venture Agreement with Green Hippo Natural Organic Products, Inc
PACOIMA, Calif. -- American Soil Technologies, Inc. (OTCBB:SOYL), a leading supplier of super-absorbent polymer soil amendments and other related products in the multi-billion dollar turf, retail, horticulture and agricultural markets, announced today that it has entered into a joint venture agreement with Green Hippo Natural Organic Products, Inc. of Northridge,...
American Soil Technologies Announces $800,000 in Debentures Converted to Common Stock
PACOIMA, Calif. -- American Soil Technologies, Inc. (OTCBB: SOYL) announced today that FLD Corporation, the company's largest single shareholder, has converted a total of $800,000 of convertible debentures to the company's common stock. FLD converted $700,000 of debt at $0.50 per share and the balance of the debt at...
American Soil Technologies Announces $463,211 in Debt Converted to Common Stock
PACOIMA, Calif. -- American Soil Technologies, Inc. (OTCBB: SOYL) announced today that FLD Corporation, its largest creditor, has converted a total of $463,211 of debt to the Company's Common Stock. FLD's largest shareholder is Louie Visco, a Director and Board Chairman of American Soil Technologies. Carl Ranno, the...
American Soil Technologies Announces $652,738 in Debt Converted to Common Stock
PACOIMA, Calif. -- American Soil Technologies, Inc. (OTCBB:SOYL) announced today that FLD Corporation, its largest creditor, has converted a total of $652,738 of debt to the Company's Common Stock. FLD's largest shareholder is Louie Visco, a Director and Board Chairman of American Soil Technologies. Carl Ranno, the President...
American Soil Technologies Announces $500,000 in Debt Converted to Common Stock
PASADENA, Calif. -- American Soil Technologies, Inc. (OTCBB:SOYL) announced today that FLD Corporation, its largest creditor, has converted a total of $500,000 of debt to the Company's Common Stock. FLD's largest shareholder is Louie Visco a Director and Board Chairman of American Soil Technologies. Carl Ranno, the President...
American Soil Technologies Completes the Acquisition of Smart World Organics, Inc
PACOIMA, Calif. -- American Soil Technologies, Inc. (OTCBB: SOYL), announced today that it has closed the acquisition of Smart World Organics of Hudson, Florida, in exchange for 2,300,000 shares of restricted common stock and simultaneously purchased the formulas and trade secrets from Ray Nielsen the company's founder for a $1,500,000...
American Soil Technologies Hires Expert in the Retail Lawn and Garden Market
PACOIMA, Calif. -- American Soil Technologies, Inc. (OTCBB:SOYL), announced the hiring of Neal Di Pentino as the Company's Sales Manager for the retail lawn and garden market. Carl Ranno, President and CEO, stated that, "American Soil Technologies has been searching for an elite manager in this multi-million dollar industry...
American Soil Technologies Announces a Conversion of $1.17 Million in Debt to Common Stock
PACOIMA, Calif. -- American Soil Technologies, Inc. (OTCBB: SOYL) announced today that its largest creditor, FLD Corporation, as well as Diana Visco and Benz Disposal Company, have agreed to convert a total of $1,172,107 of debt to Common Stock. Benz Disposal is controlled by Louie Visco, a Director and...
American Soil Technologies Enters Into Definitive Agreement to Acquire Smart World Organics Inc
PACOIMA, Calif. -- American Soil Technologies Inc. (OTCBB: SOYL), a leading supplier of super-absorbent polymer soil amendments and other related products in the multibillion-dollar turf, retail, horticulture and agricultural markets, announced today that it has entered into a definitive agreement to acquire 100% of Smart World Organics of Hudson, Fla.,...
American Soil Technologies Enters Into Exclusive Agency Agreement in Kuwait
PACOIMA, Calif. -- American Soil Technologies Inc. (OTCBB:SOYL), a leading supplier of super-absorbent polymer soil amendments and other related products in the multibillion-dollar turf, retail, horticulture and agricultural markets, announced today that it has entered into an exclusive Agency Agreement with Environmental Development Co., a Kuwait corporation, based in Safat,...
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