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BioNovelus Inc. (ONOV)

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Last Post: 2/24/2017 3:34:43 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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#7930  Sticky Note Costa Rica test results should be in within Superthermal 01/12/17 10:44:24 PM
#7881  Sticky Note I went over to the $ONOV headquarters in resx18 12/19/16 10:42:18 AM
#7284  Sticky Note Doesn't matter what anyone says about ONOV to Deagle 08/30/16 10:17:18 AM
#8287   Buying the dips for sure. $ONOV resx18 02/24/17 03:34:43 PM
#8286   They keep shaking the tree and some fall BTKV 02/24/17 03:27:07 PM
#8285   Up 50% nice day $ONOV resx18 02/24/17 03:22:18 PM
#8284   .086 is our new support. Let's see if Drifthappy 02/24/17 02:46:51 PM
#8283   Someone jumped in $13,000 traded so far. Drifthappy 02/24/17 12:54:34 PM
#8282   What conviction!! 100 shares took it from DadBGonealot 02/24/17 11:45:09 AM
#8281   Good morning folks. Well I'm finally in the Drifthappy 02/24/17 08:37:23 AM
#8280   I wouldn't mind seeing this go down further jump3mb 02/23/17 04:46:05 PM
#8279   Just noticed we went down to .086 I Drifthappy 02/23/17 02:23:11 PM
#8278   under ten lets see five again podacs 02/23/17 12:55:19 PM
#8277   Well another 7% down and I'll have to Drifthappy 02/23/17 08:27:31 AM
#8276   Patiently waiting Awl416 02/23/17 08:25:26 AM
#8275   The volume is picking up nicely. Waiting for captharmony 02/22/17 10:45:33 PM
#8274   Nice cloud support. $ONOV resx18 02/22/17 08:08:58 PM
#8273   Grabbing more at possible 50ma test TomKG 02/22/17 05:10:48 PM
#8272   Jean the CEO is no joke. Low PPS TomKG 02/22/17 05:07:31 PM
#8271   Can't wait to grab some cheaps soon TomKG 02/22/17 05:06:42 PM
#8270   Gap fill coming imo TomKG 02/22/17 05:03:17 PM
#8269   lotta foldin goin on out deah! podacs 02/22/17 03:56:40 PM
#8268   Yea I didn't see that. Good to know Drifthappy 02/22/17 02:33:51 PM
#8267   Then this tweet on Nov 25 saying results wz9ytp 02/22/17 02:30:51 PM
#8266   Thanks for the info. The 1 million + GoldenDD 02/22/17 02:21:56 PM
#8265   Ok here's the run down. November 17th was Drifthappy 02/22/17 02:12:23 PM
#8264   When they announced MJ testing, they said mid DadBGonealot 02/22/17 02:09:32 PM
#8263   Any idea about the time line for the GoldenDD 02/22/17 01:00:35 PM
#8262   Yea. The way the MJ sector has been Drifthappy 02/22/17 12:58:18 PM
#8261   Any news related MZJ SECTOR this goes to GoldenDD 02/22/17 12:24:33 PM
#8260   BioNovelus, [email protected] BTKV 02/22/17 11:27:56 AM
#8259   Scientists predict that half of the world’s coffee BTKV 02/22/17 11:27:04 AM
#8258   Bounce off of .10? $ONOV^^ Rogue Dead Guy 02/22/17 11:24:19 AM
#8257   The storm is nearing. Trump announced major rollbacks Drifthappy 02/21/17 03:41:10 PM
#8256   Quiet before the storm Awl416 02/21/17 10:46:08 AM
#8255   Morning:) looks like some nice ask slaps this Rogue Dead Guy 02/21/17 10:42:29 AM
#8254   Here's the link to their Twitter The Rainmaker 02/20/17 09:29:19 PM
#8253   Msds: Material Safety Data Sheet. Nope. Couldn't get wz9ytp 02/19/17 04:36:58 PM
#8252   Hey wz, you are one of my favorite DanWebzster 02/19/17 03:50:53 PM
#8251   Nice DD , thanks. $ONOV resx18 02/18/17 11:21:32 AM
#8250   $ONOV is starting sale(s) imho. Check their Twitter!! resx18 02/18/17 11:20:43 AM
#8249   Those tweets, should at least, firm up the DadBGonealot 02/17/17 04:24:37 PM
#8248   Totally insider buying last Friday. Someone knows what's Drifthappy 02/17/17 01:45:00 PM
#8247   Giddy up Awl416 02/17/17 01:42:30 PM
#8246   Top ten coffee producing countries by hectares. Hectare=2.471 Pencow 02/17/17 01:29:20 PM
#8245   Plurial "updates"! wz9ytp 02/17/17 01:17:23 PM
#8244   IMO the most important tweet today. Pencow 02/17/17 01:09:54 PM
#8243   New Tweet Today. BTKV 02/17/17 01:09:29 PM
#8242   After a couple months of quiet there have Pencow 02/17/17 12:50:47 PM
#8241   $ONOV Jean is back into Twitter. Just liked Superthermal 02/17/17 12:47:42 PM
#8240   Keep selling your $600 worth of shares hehe Awl416 02/17/17 10:25:06 AM
#8239   Ok I didn't know how that would work Drifthappy 02/17/17 08:48:39 AM
#8238   Yup. That'd be insider trading. I spend a lot wz9ytp 02/17/17 08:46:03 AM
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