Basalt America Outlines Goal to Save American Taxpayers Billions of Dollars

FORT LAUDERDALE, Fla., Feb. 28, 2017 (GLOBE NEWSWIRE) -- Paymeon, Inc. (OTC MARKETS:PAYM) today announced that its wholly-owned subsidiary, Basalt America, has outlined its goal to save American taxpayers from the enormous costs of this country's ongoing and future skyrocketing maintenance and repairs of our roads, bridges and tunnels. Basalt America is asking regulators simply to mandate that the newest building codes be enforced.  AC 454, passed in June of 2016, allows for basalt fiber reinforced polymers (BFRP) to be used in the reinforcement of concrete. States are also mandated to consider "life cycle" costs of all future road and bridge projects as written in the Moving ahead for Progress in the 21st century Act (“MAP 21”), passed on July 6, 2012. What does this all mean? Because our Basalt reinforcement products never rust, we believe that they meet mandated requirements, implementation of which can mean vastly reduced need to redo infrastructure and zero, or close to zero, maintenance costs over time.  Use of some of Basalt America’s products can be seen here:

Aside from the long term cost savings, Basalt is 2 1/2 times stronger than steel, similar in price as coated steel, one-quarter the weight, environmentally sustainable, and made here in America!

According to, the U.S. is budgeting $179.5 Billion in Highway and bridge repair in just 2017.  Basalt America's vision is to substantially reduce this budget item from the federal budget.  Basalt America's largest shareholder, Vincent L. Celentano, commented "do it once, do it right."

Learn more about Basalt America at:


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