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BioNovelus Inc. (ONOV)

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Last Post: 4/28/2017 1:42:07 PM - Followers: 127 - Board type: Free - Posts Today: 16

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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#8755  Sticky Note News... CR-10 is approved by the Ministerio de BTKV 04/28/17 08:57:35 AM
#8296  Sticky Note Phoenix, March 01, 2017 (GLOBE NEWSWIRE) -- / resx18 03/01/17 12:21:54 PM
#7881  Sticky Note I went over to the $ONOV headquarters in resx18 12/19/16 10:42:18 AM
#8764   Soon as they get that first contract and Fyreball27 04/28/17 01:42:07 PM
#8763   Don't be fooled by no volume on positive Drifthappy 04/28/17 12:37:12 PM
#8762   Its going to take a few days for syboman 04/28/17 10:55:16 AM
#8761   long $ONOV . lets keep the ask 3 POSSIBILITIES 04/28/17 10:49:11 AM
#8760   We really need new eyes on this. Bloomsberg meektechgeek 04/28/17 09:56:27 AM
#8759   This news should send this to new highs, syboman 04/28/17 09:51:02 AM
#8758   19700 sold at 18 so far...looks like she wz9ytp 04/28/17 09:36:14 AM
#8757   From the April 12th press release. Pencow 04/28/17 09:30:25 AM
#8756   Here's the summary of an autopsy from a wz9ytp 04/28/17 09:05:02 AM
#8755   News... CR-10 is approved by the Ministerio de BTKV 04/28/17 08:57:35 AM
#8754   could be huge , look at all the Tom Trady 04/28/17 08:52:30 AM
#8753   As far as cattle goes, their "shit" is wz9ytp 04/28/17 07:23:31 AM
#8752   Congrats to us all. Improper food handling is Drifthappy 04/28/17 07:18:57 AM
#8751   WOW! Fantastic news!! Fyreball27 04/28/17 07:17:24 AM
#8750   My wife's been on a farm all of wz9ytp 04/28/17 07:04:55 AM
#8749   Good morning everyone. Awesome news!!!! Let's hope this Drifthappy 04/28/17 06:21:53 AM
#8748   $ONOV NEWS resx18 04/27/17 10:38:02 PM
#8747   Revenue!!!! GREAT news for Jean!!! So happy for him. BFTR 04/27/17 10:34:56 PM
#8744   Good morning ONOV BTKV 04/27/17 09:28:14 AM
#8743   Morning $ONOV Rogue Dead Guy 04/27/17 09:09:38 AM
#8742   Good morning! That interview, once it gets out wz9ytp 04/27/17 07:29:37 AM
#8741   It was posted on Twitter this morning. Pencow 04/26/17 10:11:43 PM
#8740   Yes indeed I'd hope we see the government Drifthappy 04/26/17 04:01:21 PM
#8739   DH--you are absolutely right, he did say that. Fyreball27 04/26/17 03:31:06 PM
#8738   I'm thinking this interview is still mostly undiscovered Drifthappy 04/26/17 03:13:05 PM
#8737   A year!! Listen to that again. Jean said Drifthappy 04/26/17 03:11:33 PM
#8736   Level Two BTKV 04/26/17 02:16:02 PM
#8735   This was a GREAT interview! Although we Fyreball27 04/26/17 02:05:56 PM
#8734   I had not. Thanks a TON for posting!!! ;) Fyreball27 04/26/17 01:54:00 PM
#8733   Hope he doesn't pull that crap at .18. BFTR 04/26/17 12:38:49 PM
#8732   That's a great find. I'll be listening to that. Pencow 04/26/17 12:07:51 PM
#8731   Yes great interview, sounds like we could hear Drifthappy 04/26/17 12:06:30 PM
#8730   launch pad is heating up~ Tom Trady 04/26/17 12:00:29 PM
#8729   The .158 seller has left BTKV 04/26/17 11:30:02 AM
#8728   Great news!! $ONOV ANYTIME Going up anyone? Superthermal 04/26/17 11:17:13 AM
#8727 Superthermal 04/26/17 11:03:24 AM
#8726   Thank you sir. Well than yes I would Drifthappy 04/26/17 09:56:28 AM
#8725   The Attorney Letter with Respect to Current Information BTKV 04/26/17 09:45:52 AM
#8724   Yup looks like people who sold have been Drifthappy 04/26/17 09:27:41 AM
#8723   Slowly gaining and maintaining here!! Stair step it Rogue Dead Guy 04/26/17 09:26:31 AM
#8722   Good morning time to rock and roll Drifthappy 04/26/17 09:25:54 AM
#8721   Good morning $ONOV Rogue Dead Guy 04/26/17 09:14:30 AM
#8720   What does this letter mean?? Iv read it Drifthappy 04/26/17 07:51:21 AM
#8719   Be patient guys. Once the taste test and Damage Case 04/26/17 02:41:32 AM
#8718   0.17 on Deck, were headed back to Tom Trady 04/25/17 09:45:33 PM
#8717   Attorney Letter with Respect to Current Information posted BTKV 04/25/17 04:36:16 PM
#8716   There are a few potential ignition sources for Drifthappy 04/25/17 12:43:02 PM
#8715   When is this rocket going to lift off? Str88shooter 04/25/17 11:52:37 AM