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BioNovelus Inc. (ONOV)
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Rogue Dead Guy
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10/25/2016 4:47:10 PM
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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.
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.
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
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,
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)
ONOV Detailed Quote
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Phoenix, Sept. 20, 2016 (GLOBE NEWSWIRE) --
09/20/16 09:15:29 AM
Doesn't matter what anyone says about ONOV to
08/30/16 10:17:18 AM
Tweeting about CR-10 toxicity results today!!!!
10/25/16 04:47:10 PM
I hope so!!! Been patiently waiting and
10/25/16 10:02:45 AM
I think MOMENTUM will build all week!!!
10/25/16 03:39:05 AM
This is the perfect situation for a MONSTER
10/25/16 03:36:43 AM
10/25/16 12:26:38 AM
read all of the twitter link I posted above
10/24/16 11:49:09 PM
10/24/16 11:48:26 PM
Will someone please sell me some cheapies!
Rogue Dead Guy
10/24/16 09:48:59 PM
Next month EPA and Central America news should
10/24/16 02:03:03 PM
Onov vs Grog
10/21/16 07:38:45 AM
One year chart is a middle finger to
10/20/16 10:47:53 PM
I am hoping the EPA submission for approval
10/20/16 04:33:02 PM
anyone know when we can expect some results
10/20/16 10:22:49 AM
Pressure cooker here boys and girls - She's
10/20/16 02:45:27 AM
Hope it reaches back even to the average.
10/20/16 02:39:59 AM
I probably should have said thank you for
10/19/16 10:52:47 AM
167k shares and a 30% drop says you
10/19/16 10:23:46 AM
ONOV level 2 screen shot from today around
10/18/16 02:52:48 AM
Alright. I am in for a few.
10/17/16 11:58:04 AM
It’s a potentially VOLCANIC situation here for ONOV.
10/17/16 04:43:13 AM
Exciting times ahead! if it happens it will
10/17/16 04:41:36 AM
I'm calling for a new run on this
10/17/16 12:31:05 AM
I think we might have cleaned out that
10/14/16 04:11:56 PM
Obama and USAID started a 5 Millon dollar
10/14/16 12:51:39 PM
Thats great news! Do you have any
10/14/16 10:03:54 AM
Us Government recently announced $3-4 million for research
10/14/16 03:09:47 AM
Michigan University diligently researching coffee rust solutions:
10/13/16 08:36:16 PM
ONOV looking for Government approval by December. Still
10/13/16 08:05:31 PM
New Growing season starts in December...BioNovelus is working
10/13/16 12:34:39 PM
Meet the world's most important coffee disease that
10/12/16 08:09:57 PM
Coffee Rust is a new reality for specialty
10/12/16 08:07:58 PM
Back in ONOV, looks like it is moving
10/12/16 02:58:42 PM
WOWOWOWOWOWW!!!! 22 percent increase today right now?!?!?!?
10/12/16 02:43:21 PM
Agreed. I also intend to not lose
10/12/16 08:05:39 AM
I intend not to lose hope on ONOV.
10/12/16 04:43:38 AM
It'll be easier to be patient when the
10/12/16 04:42:08 AM
$ONOV test results coming very soon!
10/11/16 07:01:01 PM
Costa Rica and Mexico .. nuff said
10/11/16 07:00:57 PM
Jean is making deals . You can't center
10/11/16 07:00:45 PM
Hearing they are almost out. This will fly
10/11/16 07:00:31 PM
Good for you buddy. At the daily
10/11/16 01:25:04 PM
I got 0.0048.
10/10/16 09:25:13 PM
Yup! Big baby not getting their way... they
Rogue Dead Guy
10/10/16 08:12:39 PM
This should help with concerns over pesticides in
10/10/16 07:48:32 PM
hopefully this will break soon
10/10/16 07:47:14 PM
Green pesticides are going to be the future
10/10/16 07:46:06 PM
Some Ass Clown huh?
10/10/16 07:37:33 PM
It would be nice if they would give
10/10/16 07:05:57 PM
UUUUUUGGGGGGGGGGGGG!!!!!!! Bought in at .4 with hopes of the
10/10/16 03:55:00 PM
I really, really like ONOV for the long
10/10/16 03:27:01 PM
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