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BioNovelus Inc. (ONOV)

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Last Post: 12/2/2016 3:39:03 PM - Followers: 124 - Board type: Free - Posts Today: 0




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)



 
 



 
 

 






 

 



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#7701  Sticky Note Phoenix, Nov. 17, 2016 (GLOBE NEWSWIRE) -- Rhew123 11/17/16 08:03:04 AM
#7397  Sticky Note Phoenix, Sept. 20, 2016 (GLOBE NEWSWIRE) -- resx18 09/20/16 09:15:29 AM
#7284  Sticky Note Doesn't matter what anyone says about ONOV to Deagle 08/30/16 10:17:18 AM
#7817   No question about it. Not to mention the resx18 12/02/16 03:39:03 PM
#7816   I had to use my scottrade account for The Rainmaker 12/02/16 03:38:15 PM
#7815   They told me there were no issues the resx18 12/02/16 03:35:03 PM
#7814   Did they tell you what caused the glitch? The Rainmaker 12/02/16 03:02:31 PM
#7813   Etrade fixed the glitch.. buying online has resumed. $ONOV resx18 12/02/16 11:27:27 AM
#7812   I love the fundamentals behind this company. But wz9ytp 12/02/16 10:55:44 AM
#7811   I will say too in the past I jump3mb 12/01/16 02:43:59 PM
#7810   Definitely agree. Main focus should be on jump3mb 12/01/16 02:41:44 PM
#7809   It would have been better of they signed The Rainmaker 12/01/16 02:31:51 PM
#7808   With ONOV attempting to get into POT plant jump3mb 12/01/16 02:26:22 PM
#7807   The lack of capital to complete testing, and DadBGonealot 11/30/16 10:24:52 PM
#7806   Man, that's just expected CYA verbiage. No Rhew123 11/30/16 09:27:47 PM
#7805   Read the finance.yahoo.com article that was posted to DadBGonealot 11/30/16 08:18:41 PM
#7804   Yeah, I don't just mean today, I mean Rhew123 11/30/16 03:33:47 PM
#7803   100,000 shares dropped it down today. Someone BTKV 11/30/16 03:29:36 PM
#7802   Agreed... I wonder if we're getting hurt by Rhew123 11/30/16 03:27:51 PM
#7801   UGGGGG!!!!! Frustrating to see this drop so much again. jump3mb 11/30/16 03:24:13 PM
#7800   Every single thing she ever had to say Murph32 11/30/16 02:52:37 PM
#7799   I read their new filing not one word The Rainmaker 11/30/16 11:23:47 AM
#7798   Huge! Can't wait!!! BFTR 11/30/16 10:19:16 AM
#7797   Great news $ONOV resx18 11/30/16 09:50:27 AM
#7796   Add to that favorable MJ testing results in wz9ytp 11/30/16 09:49:09 AM
#7795   I agree! Having a big name like jump3mb 11/30/16 09:42:49 AM
#7794   It's very positive to hear ONOV has been Drifthappy 11/30/16 09:15:58 AM
#7793   Really excited about ONOV and what they implement captharmony 11/30/16 12:32:52 AM
#7792   Surely positive cash flow, next year is gonna captharmony 11/30/16 12:31:13 AM
#7791   I was shocked to see it at 5.5 DadBGonealot 11/29/16 04:16:10 PM
#7790   Yes...this really wont take off until we get jump3mb 11/29/16 11:32:22 AM
#7789   More meetings and testing but they never announce The Rainmaker 11/29/16 11:18:52 AM
#7788   Geez...whats up with the sudden drop???? Got jump3mb 11/29/16 10:35:01 AM
#7787   Bionovelus and Starbucks!! Wow! That is extremely interesting!!! wz9ytp 11/29/16 09:19:22 AM
#7786   Phoenix, Nov. 29, 2016 (GLOBE NEWSWIRE) -- Jean Rhew123 11/29/16 08:39:18 AM
#7785   We need something Jean! Patiently waiting...nice to jump3mb 11/28/16 10:08:06 AM
#7784   Thks to all the marijuana growers who responded wz9ytp 11/25/16 11:01:36 AM
#7783   Morning $ONOV^^ Rogue Dead Guy 11/25/16 05:55:53 AM
#7782   $ONOV on the MJ sector !!!!! Boom resx18 11/25/16 05:50:33 AM
#7780   Frustrating. It's like death from 1000 cuts.... DadBGonealot 11/23/16 04:52:49 PM
#7779   Just curious , did anyone holding over a josemaria 11/23/16 02:50:48 PM
#7778   Me too!! News would be great!! $ONOV^^ Rogue Dead Guy 11/23/16 09:51:31 AM
#7777   All I want for thanksgiving is some news jump3mb 11/23/16 09:31:25 AM
#7776   Good Morning $ONOV^^ Rogue Dead Guy 11/23/16 09:20:49 AM
#7775   Lol! Someone must have got tired of DadBGonealot 11/22/16 05:20:52 PM
#7774   Thanks my mistake, appreciate the updates. The Rainmaker 11/22/16 03:44:16 PM
#7773   Never mentionned Jean...... you cannot confound Chef Jean wz9ytp 11/22/16 03:39:28 PM
#7772   If you speak to Jean Ekobo you won't Revenuer 11/22/16 02:26:13 PM
#7770   Thanks they said they spoke to Jean on The Rainmaker 11/22/16 02:03:11 PM
#7769   Cmon Rain (may I call you rain?) read DadBGonealot 11/22/16 01:42:36 PM
#7768   So you are saying you spoke to a The Rainmaker 11/22/16 11:44:40 AM
#7767   Lol!!! Read the thread carefully. I spoke with wz9ytp 11/22/16 11:40:53 AM
#7766   Good question how can you speak to a The Rainmaker 11/22/16 11:35:37 AM
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