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BioNovelus Inc. (ONOV)

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Last Post: 7/18/2017 12:46:02 PM - Followers: 128 - 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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PostSubject
#8809  Sticky Note $ONOV Enviro-Safe CR-10 Disinfectant Approved in Guatemala resx18 05/03/17 01:17:36 PM
#8755  Sticky Note News... CR-10 is approved by the Ministerio de BTKV 04/28/17 08:57:35 AM
#7881  Sticky Note I went over to the $ONOV headquarters in resx18 12/19/16 10:42:18 AM
#9150   The point is that the coffee grown in BFTR 07/18/17 12:46:02 PM
#9149   Get ready for more news imo! BFTR 07/18/17 12:39:10 PM
#9148   This questioning from someone who thinks Jean only BFTR 07/18/17 12:38:06 PM
#9147   How did you reach that conclusion ? Stonemoney 07/18/17 12:29:49 PM
#9146   I would say the Americans lol I haven't Drifthappy 07/18/17 11:38:48 AM
#9145   We already know we are going into the resx18 07/18/17 10:59:57 AM
#9144   Worldwide? That's a big word Stonemoney 07/18/17 10:58:53 AM
#9143   Coffee is important to those countries, a lot Drifthappy 07/18/17 10:37:02 AM
#9142   Nice news! Thanks for the share! $ONOV Rogue Dead Guy 07/18/17 09:45:59 AM
#9141   Phoenix, July 18, 2017 (GLOBE NEWSWIRE) -- / resx18 07/18/17 09:44:48 AM
#9140   Good. I believe this stock has actual fundamentals captharmony 07/17/17 10:45:20 PM
#9139   hey tommy, what the heck have you got hitpaydirt 07/15/17 11:51:25 AM
#9138   People on this board are good at hurrling Stonemoney 07/15/17 10:11:43 AM
#9137   Load the space-ship Load the space-ship---Exit Stage Left Tom Trady 07/15/17 08:17:53 AM
#9136   Hopefully there is something awesome brewing! I know Rogue Dead Guy 07/14/17 11:08:24 PM
#9135   You might have your chance if we don't Drifthappy 07/14/17 10:59:06 PM
#9134   Nobody wanted to hook me up with some Rogue Dead Guy 07/14/17 10:37:00 PM
#9133   If it hits o.10...look 4 the 24k buy....then Tom Trady 07/13/17 09:16:22 PM
#9132   This TT dude is crazy, interesting board this is Drifthappy 07/13/17 08:32:12 PM
#9131   Atta boy TT, never too early to stock up. JamC 07/13/17 05:45:29 PM
#9130   LOAD THE SPACESHIP WITH THE ONOV ROCKET~FUEL Tom Trady 07/13/17 05:27:51 PM
#9129   Just want to dip your toes in then JamC 07/13/17 02:44:38 PM
#9128   Why not today? TT Billyp54 07/13/17 02:18:29 PM
#9127   T-Bone & Tyrone have just informed me of Tom Trady 07/13/17 01:07:11 PM
#9126   Hits .25 before .04 TT your gonna miss out JamC 07/13/17 12:29:59 PM
#9125   Where are the sales ? Stonemoney 07/13/17 12:23:32 PM
#9124   No and never, Mark it Gigi70 07/13/17 11:26:02 AM
#9123   Blowwww--How u like me Know....ONOV GONNA KNOCK Tom Trady 07/13/17 10:50:07 AM
#9122   Wait for the opening DIP...ONLY GOING TO GET WORSE Tom Trady 07/13/17 09:18:48 AM
#9120   Friday = DUMP DAY JEANS SCAM IS Tom Trady 07/12/17 05:12:45 PM
#9119   LOL , are u Daddy ? Gigi70 07/12/17 03:19:22 PM
#9118   O.o4 COME TO DADDY... Tom Trady 07/12/17 02:55:23 PM
#9117   LEVEL 2 SHOWS THE SAME PEOPLE ON BOTH POSSIBILITIES 07/12/17 02:32:14 PM
#9116   I know a Tbone as well and I Drifthappy 07/12/17 09:25:25 AM
#9115   I wont be adding Today..I Talked to T-Bone Tom Trady 07/12/17 08:20:36 AM
#9114   Bounce off of .10 again! Ready to move Rogue Dead Guy 07/11/17 08:32:27 PM
#9113   News on Yahoo finance etc... About presentation to Superthermal 07/11/17 05:20:13 PM
#9112   This company has a pattern of rehashing old Stonemoney 07/11/17 05:12:57 PM
#9111   Jean is BROKE, TIME TO FILE THE B WORD Tom Trady 07/11/17 05:06:18 PM
#9110   Looks like bottom is in.... I added today. murrjet 07/11/17 04:44:49 PM
#9109   McLovin..? JamC 07/11/17 01:57:30 PM
#9108   Hahaha ok trademaster Drifthappy 07/11/17 01:55:02 PM
#9107   don't hate the tradeMaster because ONOV Tom Trady 07/11/17 01:22:42 PM
#9106   the trademaster told you this would happenI am Tom Trady 07/11/17 01:14:53 PM
#9105   Again since u can't figure it out. The Drifthappy 07/11/17 12:14:55 PM
#9104   Thx Rhew ! Stonemoney 07/11/17 10:52:58 AM
#9103   Is that 10 cents i see,...lol..o.o4 is just Tom Trady 07/11/17 10:27:14 AM
#9102   Not a scam TT, shut ur mouth and JamC 07/11/17 09:47:39 AM
#9101   I have a feeling that's not to far away. Drifthappy 07/11/17 09:34:21 AM
#9100   Huge News $ONOV resx18 07/11/17 09:17:52 AM
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