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BioNovelus Inc. (ONOV)

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Moderator: resx18, Rogue Dead Guy
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Last Post: 11/18/2017 3:06:37 PM - Followers: 131 - 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)

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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#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
#9523   That’s what I think about you, don’t have Gigi70 11/18/17 03:06:37 PM
#9522 Tom Trady 11/18/17 10:27:42 AM
#9521   ONOV IS 4 Tom Trady 11/18/17 10:23:52 AM
#9520   TT you are an A Hole .... but Billyp54 11/17/17 04:28:31 PM
#9519   Great day $ONOV! The March back to .75 resx18 11/17/17 01:34:53 PM
#9518   I WILL SELL IT DOOR2DOOR IF I HAVE Tom Trady 11/17/17 11:24:20 AM
#9517   Because they aren't allowed to sell in the Dany boy 11/17/17 12:42:33 AM
#9516   CR-10 SHOULD BE IN EVERY HOME DEPOT-LOWES- WAL-MART- Tom Trady 11/17/17 12:17:18 AM
#9515   $ONOV LONG Give the partnership POSSIBILITIES 11/16/17 07:25:34 PM
#9514   30 shares !!!! what a way to support thatsallfolks 11/16/17 11:35:01 AM
#9513   VOLUME 30 SHARES ? $1.77 SOLD WHAT A Tom Trady 11/16/17 11:00:55 AM
#9512   This stock is DEAD MEAT, ALWAYS RED, NO Tom Trady 11/16/17 08:48:41 AM
#9511   All "TEAM" missing out of this report, maybe thatsallfolks 11/15/17 01:52:58 PM
#9510   "O" VOLUME AGAIN - JEAN SOLD YOU ALL Tom Trady 11/15/17 11:24:06 AM
#9509   Monsanto won't buy a distributorship, and Monsanto has thatsallfolks 11/15/17 10:33:08 AM
#9507   They will sell this company within a year Stonemoney 11/15/17 07:38:17 AM
#9504   That’s right Gigi70 11/15/17 12:37:15 AM
#9503 Tom Trady 11/14/17 11:24:00 PM
#9502 Tom Trady 11/14/17 11:04:15 PM
#9501   Maybe it is a sign that Mr. Ekobo thatsallfolks 11/14/17 08:44:22 PM
#9500   This is the best move jean could have POSSIBILITIES 11/14/17 06:37:49 PM
#9499   Glad I'm out. This will drop the sp wz9ytp 11/14/17 08:50:41 AM
#9498   BioNovelus agrees to Co-Directorship and advisory with Meroe Gigi70 11/14/17 06:35:42 AM
#9497   "O" VOLUME.10-Q. WILL BE DISASTROUS Tom Trady 11/13/17 11:14:08 AM
#9496   1ST CONTRACT WAS STATED TO BE "OVER" 100-K, Tom Trady 11/13/17 08:58:35 AM
#9495   The meat and potatoes are yet to come...patience captharmony 11/13/17 12:44:34 AM
#9494   10-Q due Tuesday.... Stonemoney 11/12/17 04:54:19 PM
#9493   Facebook post says CR-10 RESULTS R "AMAZING" NO Tom Trady 11/12/17 10:30:50 AM
#9492   So it looks like Jean’s business plan is Stonemoney 11/11/17 05:21:39 PM
#9490   Parkinson same place as BioNovelus thatsallfolks 11/10/17 02:54:15 PM
#9489   Great News investor relations thatsallfolks 11/10/17 02:50:04 PM
#9488   the family has about 100,000 shares we are thatsallfolks 11/10/17 10:51:18 AM
#9487   A Dip to 0.055 on "O" Volume FISHY Tom Trady 11/10/17 10:17:24 AM
#9485   SOLD ALL 1000 SHARES I OWNED TODAY, MOVING Tom Trady 11/09/17 06:40:53 PM
#9483   Nov.14, Quarterly report due. Then we can check Stonemoney 11/09/17 07:30:15 AM
#9482   FOR the amount of money I have invested Tom Trady 11/08/17 09:31:13 AM
#9481   FOR the amount of money I have invested Tom Trady 11/08/17 09:31:06 AM
#9480   Also heavily invested and feel the same as thatsallfolks 11/07/17 12:33:47 PM
#9479   I AM HEAVILY INVESTED IN BIONOVELUS, I AM Tom Trady 11/07/17 10:42:57 AM
#9478   BUNKERS ARE FOR PEOPLE 2 HIDE IN, DOES Tom Trady 11/07/17 07:32:54 AM
#9477   possibly, hope you are correct. thatsallfolks 11/06/17 07:37:34 PM
#9476   With any luck, Jean is in “bunker mode”.Usally Stonemoney 11/06/17 06:57:08 PM
#9475   Same Oct 4 release "quantities" sold to Agrinco. thatsallfolks 11/06/17 11:09:21 AM
#9474   GNW sends out an old tweet for BioNovelus, thatsallfolks 11/06/17 10:48:36 AM
#9473   Where , or how can we find out Tom Trady 11/06/17 10:46:49 AM
#9472   You have to question the reporting of the Stonemoney 11/06/17 09:49:41 AM
#9471   Not looking good for you time to buy vdrm freestock 11/06/17 09:23:22 AM