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BioNovelus Inc. (ONOV)

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Last Post: 10/21/2017 11:46:46 AM - Followers: 128 - Board type: Free - Posts Today: 2





Executive Summary

BioNovelus, Inc.  is a biotech company that honors the environment with an innovative, and disruptive technology-based solution to the problems of safety and cleanliness regarding food production and water supply.
 

Purpose of Technology 

The purpose of the technology is to replace toxic chemicals such as chlorine, bleach, bromine and triazol. Its usable form is non-toxic, non-corrosive and odorless, and it is more effective than other water sanitizers (especially in high temperatures). Test results prove it to be lethal agent to many fungi, spores, bacteria, virus, and other pathogens.
Various laboratories and universities have already validated the formula.
 

Path to Commercialization

BioNovelus is in the process of registering with the Environmental Protection Agency (EPA), and applying for NSF certification in the United States.

 
 The Market


At present, BioNovelus is focused on selling the BionoPLUS formula to the consumers of fungicide and pesticide products for the control of coffee leaf rust, and coffee bean and cocoa bean conservation, -- under the name CR-10 (for “Coffee Rust”-10)
 
The market for biopesticides was $7.3 billion in 2012, and is expected to reach $10.7 billion by 2020 at a CAGR of 6.2% from 2014 to 2020. (Source: Grand View Research Inc.) The global Coffee market has more than $175 billion in consumption value per year and generates tens of billions of dollars in profits for investors, and millions of jobs in developed nations.

 





 
Costa Rica Pop 4,301,712 people.  The United States and Costa Rica are parties to the U.S.-Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), which aims to facilitate trade and investment and further regional integration by eliminating tariffs, opening markets, reducing barriers to services, and promoting transparency. Costa Rica accounts for 2.6% of world production of coffee and 20% of Central American production.
 

Coffee Leaf Rust Pilot Test
On February 15, 2016, a Pilot Test of CR-10, a specific formulation of BionoPLUS created to prevent, control and kill Coffee Rust, was launched in cooperation with CoopeAgri R.L. in San Isidro del General, Perez Zeledon, Costa Rica. The Cooperative consists of 14,000 members, with an interest in 14,000 hectares of coffee plantations—all of which are affected by coffee rust. The first results of CR-10 tests are a full success.
 
 
Different than Competition
Our potential customers use the TRIAZOL family products out of desperation. They are toxic chemicals with a relative efficiency. So, farmers sometimes have to put 4 to 12 applications per year. The greatest advantage of CR-10 is that it works in 24 hours, and with only two applications; farmers don’t have to wait 8 to 15 days to see the results, and they save on labor cost because of fewer applications. CR-10 effects last longer, it is not toxic to humans, and it is biodegradable.   
 
Urgent Need for a Solution
The problem of coffee leaf rust is not as publicized, yet it is a real threat to the production of coffee.

In 2013 there was a major increase in Roya across 11 countries from Mexico to Peru.
The disease became an epidemic and the resulting crop losses pushed coffee prices to an all-time high. The governments of Costa Rica, Nicaragua, and Guatemala have all declared a state of emergency due to the Roya economic impact.
 
In 2015 and beginning of 2016, due to climate change, we see the magnitude of the epidemic. In Mexico and Central America coffee harvest have dropped their production between 30 to 80%.
 
In Central America when the coffee industry suffers so does the broader economy,
hence new waves of immigration to the US of Central American children of coffee pickers or farmers.
(You may remember children from Panama, Nicaragua, etc. coming through Arizona and Texas in August 2014?!)
 
According to the Costa Rican organization, ICafe, coffee loss from 2012 to 2016 is $2.5 billion to Central America and the loss of approximately 500,000 coffee-related jobs.
 
Vice President Joe Biden just met in Washington on February 24th, 2016 with the Presidents of El Salvador, Honduras and Guatemala to work on the issue.

“USAID, Keurig Green Mountain, Cooperative Coffees, Starbucks and Root Capital Launch $23 Million Resilience Fund to Help Farms Fighting Coffee Rust Crisis. (Source: USAID Press Office, 2014)



 
The Company was selected to become a resident of the Center of Entrepreneurial Innovation (CEI), incubator in Phoenix, Arizona. The Company entered into a lease agreement for office space in the CEI on June 1, 2016 and expiring on May 31, 2018. The minimum monthly lease payments range from $512 to $548. Total rent expense for the year ended December 31, 2016 was $3,344. 
 



 
 

 






 

 



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PostSubject
#8809  Sticky Note $ONOV Enviro-Safe CR-10 Disinfectant Approved in Guatemala resx18 05/03/17 01:17:36 PM
#7881  Sticky Note I went over to the $ONOV headquarters in resx18 12/19/16 10:42:18 AM
#9402   POST # 9399 "UNFORTUNATELY TT WAS RIGHT" SO Tom Trady 10/21/17 11:46:46 AM
#9401   VOLUME FROM OVER 300K TO UNDER 19K - Tom Trady 10/21/17 10:11:22 AM
#9399   Liquidated my position here yesterday and today. Unfortunately wz9ytp 10/20/17 01:04:15 PM
#9398   Hilarious, bgoneal JamC 10/20/17 12:56:29 PM
#9397   HUGE VOLUME = HUGE DUMPING-NO GREEN DAYS, O.O5 Tom Trady 10/20/17 12:31:47 AM
#9396   If it hits 4 cents I’m adding.... Stonemoney 10/19/17 06:16:41 PM
#9395   Great volume. This seems to be a DadBGonealot 10/19/17 06:06:54 PM
#9394   $ 100,000 won’t be enough for the bill Stonemoney 10/19/17 02:48:03 PM
#9393   But order changed to SUB PENNY JEAN IS Tom Trady 10/19/17 10:34:37 AM
#9392   -40% in 3 months, Where's investor relations Tom Trady 10/19/17 09:44:27 AM
#9391   Any new company crawling its way to success Superthermal 10/19/17 12:07:53 AM
#9390   Any new company crawling its way to success Superthermal 10/19/17 12:05:59 AM
#9389   This company is real and in my point captharmony 10/18/17 11:34:52 PM
#9388   Thanks for the breaking news SUPER ! You Stonemoney 10/18/17 10:03:50 PM
#9387   Great deal. The farmers look happy and excited. Superthermal 10/18/17 09:00:39 PM
#9386   #PressRelease is out / "Mission" of BioNovelus' CR-10 Superthermal 10/18/17 08:06:27 PM
#9385   I'll buy at .04 too. DadBGonealot 10/18/17 11:18:32 AM
#9384   1OOO BUY ORDER of SHARES at O.O4 THAT'S ME Tom Trady 10/18/17 10:24:31 AM
#9383   Blah Blah Blah. Or should I say DadBGonealot 10/18/17 10:19:30 AM
#9382   WHAT'S THE DIVVY. ON A DELISTED STOCK ? Tom Trady 10/18/17 10:08:38 AM
#9381   I've been getting monthly dividends for 1.5 years Rhew123 10/18/17 08:52:59 AM
#9380   Great video here: Stonemoney 10/18/17 08:39:48 AM
#9379   Too early to look for a dividend? DadBGonealot 10/17/17 06:00:29 PM
#9378   Hard to believe this is at .07......News from Stonemoney 10/17/17 05:43:33 PM
#9377   WOW!!!! $100,000 divided by 101.33 million shares, equals .000986875/share. DadBGonealot 10/17/17 04:48:28 PM
#9376   THiS is like the movie-THINNER- YOUR MONEY IS Tom Trady 10/17/17 11:07:08 AM
#9375   R U POSATIVE ABOUT O.O64 I AM O.O4 NEXT Tom Trady 10/16/17 01:39:53 PM
#9374   Then next 10-Q should be out in Nov. Stonemoney 10/16/17 08:05:00 AM
#9373   I would like to hear an update on Stonemoney 10/15/17 08:58:58 AM
#9372   NEGATIVITY NO ~ TRUTH ABSOLUTELY, I'M SORRY YOUR Tom Trady 10/15/17 07:31:40 AM
#9370   any info on where and when the 100k podacs 10/13/17 03:15:31 PM
#9369   https://globenewswire.com/news-release/2017/10/13/1145255/0/en/BIONOVELUS-EDUCAT cuttinglosses 10/13/17 02:56:31 PM
#9368   Stoney where did you get the 100k number podacs 10/13/17 02:42:39 PM
#9366   Your math may be a little fuzzy, but Stonemoney 10/13/17 12:44:20 PM
#9365   Thx for information Gigi70 10/13/17 12:14:32 PM
#9364   The SALE WAS FOR 1 BOTTLE @ 10.00 Tom Trady 10/13/17 09:46:40 AM
#9363   Nice, thanks! Rhew123 10/13/17 09:15:07 AM
#9362   Out last night: " We previously announced the commercialization wz9ytp 10/13/17 06:42:46 AM
#9361   https://globenewswire.com/news-release/2017/10/13/1145255/0/en/BIONOVELUS-EDUCAT Stonemoney 10/13/17 06:15:32 AM
#9360   Source? What did I miss? Rhew123 10/13/17 12:42:17 AM
#9359   I guess we find out tomorrow. cuttinglosses 10/12/17 10:12:01 PM
#9358   ONOV first contract sale was over $100,000. Things cuttinglosses 10/12/17 10:08:03 PM
#9357   WHO'S THE "TARD NOW" I WARNED U ALL Tom Trady 10/12/17 10:45:02 AM
#9356   In THE 5'S JEAN IS A CROOK Tom Trady 10/12/17 10:33:54 AM
#9355   WOW,JEAN STRAIGHT OUT LIED ABOUT SALES- IS THIS Tom Trady 10/11/17 08:27:19 PM
#9354   AGRIN CO is a consulting firm. I Stonemoney 10/10/17 06:54:39 PM
#9353   IN the 6's NOW **OUCH**SHOULD HAVE LISTENED -JEANS Tom Trady 10/10/17 12:23:28 PM
#9352   Quartely report is due.Curious to see what Jean's Stonemoney 10/10/17 07:39:35 AM
#9351   Hold on to your hat...as they say after captharmony 10/09/17 09:13:04 PM
#9350   I SOLD ALL SHARES FRIDAY, I'M OUT 4 GOOD Tom Trady 10/08/17 09:31:25 PM
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