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BioNovelus Inc. (ONOV)

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Last Post: 1/19/2017 8:48:56 AM - Followers: 123 - Board type: Free - Posts Today: 1





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
#7945   While I tend to prefer slow and steady sirglenn 01/19/17 08:48:56 AM
#7944   PR's work better someone posted they went by The Rainmaker 01/18/17 11:17:54 PM
#7943   ONOV has been very quiet on Twitter. Almost Pencow 01/18/17 10:48:39 PM
#7942   Hoping to hear any positive news! Its jump3mb 01/18/17 10:55:37 AM
#7941   Well we've been on a nice up trend. Drifthappy 01/18/17 07:08:35 AM
#7940   I see signs of the turn coming around. captharmony 01/16/17 09:22:36 PM
#7939   I see signs of the turn coming around. captharmony 01/16/17 09:22:33 PM
#7938   The new specialists they brought on board here The Rainmaker 01/14/17 05:44:50 PM
#7937   This one is for patient people because the sirglenn 01/14/17 07:52:32 AM
#7936   Back in the five's half way to a dime. The Rainmaker 01/13/17 10:32:47 PM
#7935   Tax loss sellers dried up, nothing left but The Rainmaker 01/13/17 04:23:45 PM
#7934   Some sneaky buying going on??? BTKV 01/13/17 03:35:51 PM
#7933   I just couldn't see why ONOV would fail Drifthappy 01/13/17 09:23:03 AM
#7932   Yea well the fact is no one will Drifthappy 01/13/17 06:35:22 AM
#7931   ONOV sitting with a pocket full of aces....just The Rainmaker 01/12/17 11:14:39 PM
#7930   Costa Rica test results should be in within Superthermal 01/12/17 10:44:24 PM
#7929   Should be hearing about the Marijuana pesticide trials wz9ytp 01/12/17 02:25:42 PM
#7928   Anything produced outside the US that gets imported Drifthappy 01/12/17 01:44:32 PM
#7927   EPA/FDA in the U.S. What about Mexico, DadBGonealot 01/12/17 01:30:21 PM
#7926   OK thanks.... kommisar7 01/12/17 11:34:00 AM
#7925   After EPA/FDA approval Drifthappy 01/12/17 11:32:44 AM
#7924   I am waiting on the sales to start. kommisar7 01/12/17 10:47:07 AM
#7923   Yes, I couldn't agree more! Good luck to captharmony 01/11/17 08:44:04 PM
#7922   This has been the ultimate loading zone in The Rainmaker 01/11/17 07:13:13 PM
#7921   I am waiting on the sales to start. resx18 01/11/17 07:05:45 PM
#7920   Back in this week. I like this re-entry diversified holdings 01/11/17 07:03:53 PM
#7919   Need some news or something....this is going nowhere....no jump3mb 01/09/17 01:52:43 PM
#7918   Definitely attractive! Will be expecting more on the captharmony 01/08/17 09:08:13 PM
#7917   It truly is. This may turn out to captharmony 01/08/17 09:06:57 PM
#7914   I bet in your head those were funny The Rainmaker 01/05/17 12:47:24 PM
#7913   Ugh, this company should do a candybar sale Mrcooperdog 01/05/17 12:40:55 PM
#7912   Good morning folks, hoping for another Green day Drifthappy 01/05/17 09:22:50 AM
#7911   No doubt. Can't wait to hear some good news. Drifthappy 01/03/17 06:30:14 PM
#7910   They just hired three hired qualified people to The Rainmaker 01/03/17 06:09:05 PM
#7909   Haha yes, on par for the course. I Drifthappy 01/03/17 06:06:41 PM
#7908   You two can apply for name changes to The Rainmaker 01/03/17 04:44:03 PM
#7907   Same thing is happening on my end too Drifthappy 01/03/17 04:02:01 PM
#7906   I Must be North of the equator. DadBGonealot 01/03/17 03:42:31 PM
#7905   There was a lot of quiet buying and The Rainmaker 12/31/16 11:55:01 AM
#7904   Happy New Year ONOV board, nice bid support The Rainmaker 12/30/16 04:37:37 PM
#7903   From the last PR: New consultant bio The Rainmaker 12/27/16 09:59:09 PM
#7902   They finally brought on the people they needed The Rainmaker 12/27/16 08:06:39 PM
#7901   Looks like we hit our bottom, hopefully we Drifthappy 12/27/16 06:38:10 AM
#7900   Showing some love from ONOV captharmony 12/25/16 08:49:10 PM
#7899   Happy Holidays ONOV longs. The Rainmaker 12/23/16 05:36:12 PM
#7898   Same here was hoping a few more before The Rainmaker 12/23/16 03:44:46 PM
#7897   Well, I am still building my position, so sirglenn 12/23/16 11:19:11 AM
#7896   Man, this is rough... anyone have some encouraging Rhew123 12/23/16 10:51:09 AM
#7894   ONOV Nice job building a quality team of The Rainmaker 12/21/16 02:31:49 PM
#7893   BioNovelus’ Expansion Now Includes Gunnar Light, International Sales resx18 12/21/16 09:29:58 AM
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