N-Viro International Corporation (OTCBB: NVIC) have reported that they have remitted payment for its 10 year promissory note for the balance of the acquisition of N-Viro's Florida operations, acquired December 28, 2006. The promissory note was originally entered into December 2006 when the company acquired Florida N-Viro, LP. The repayment of the Note frees N-Viro to modify its current agreements and to permit N-Vito to pursue new opportunities to obtain material utilized in its operations.
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About N-Viro International (www.nviro.com)
N-Viro International is an environmental and materials operating company that owns patented technologies to convert various types of waste into beneficial alternative fuel products, including the renewable biofuel N-Viro Fuel(TM) and the N-Viro Soil(TM). Its renewable biofuel technology, N-Viro Fuel(TM), has received alternative energy status from the U.S. Environmental Protection Agency, which qualifies the technology for renewable energy incentives. N-Viro International operates processing facilities independently as well as in partnership with municipalities.
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