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BioNovelus Inc. (ONOV)

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Last Post: 10/25/2016 4:47:10 PM - Followers: 127 - 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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#7397  Sticky Note Phoenix, Sept. 20, 2016 (GLOBE NEWSWIRE) -- resx18 09/20/16 09:15:29 AM
#7284  Sticky Note Doesn't matter what anyone says about ONOV to Deagle 08/30/16 10:17:18 AM
#7589   Tweeting about CR-10 toxicity results today!!!! wz9ytp 10/25/16 04:47:10 PM
#7588   I hope so!!! Been patiently waiting and jump3mb 10/25/16 10:02:45 AM
#7587   I think MOMENTUM will build all week!!! captharmony 10/25/16 03:39:05 AM
#7586   This is the perfect situation for a MONSTER captharmony 10/25/16 03:36:43 AM
#7585   ONOV Tweets The Rainmaker 10/25/16 12:26:38 AM
#7584   read all of the twitter link I posted above Deagle 10/24/16 11:49:09 PM
#7583 Deagle 10/24/16 11:48:26 PM
#7582   Will someone please sell me some cheapies! Rogue Dead Guy 10/24/16 09:48:59 PM
#7581   Next month EPA and Central America news should The Rainmaker 10/24/16 02:03:03 PM
#7580   Onov vs Grog DadBGonealot 10/21/16 07:38:45 AM
#7579   One year chart is a middle finger to limitless609 10/20/16 10:47:53 PM
#7578   I am hoping the EPA submission for approval The Rainmaker 10/20/16 04:33:02 PM
#7577   anyone know when we can expect some results jump3mb 10/20/16 10:22:49 AM
#7576   Pressure cooker here boys and girls - She's captharmony 10/20/16 02:45:27 AM
#7575   Hope it reaches back even to the average. captharmony 10/20/16 02:39:59 AM
#7574   I probably should have said thank you for The Rainmaker 10/19/16 10:52:47 AM
#7573   167k shares and a 30% drop says you DadBGonealot 10/19/16 10:23:46 AM
#7572   ONOV level 2 screen shot from today around The Rainmaker 10/18/16 02:52:48 AM
#7571   Alright. I am in for a few. BTKV 10/17/16 11:58:04 AM
#7570   It’s a potentially VOLCANIC situation here for ONOV. captharmony 10/17/16 04:43:13 AM
#7569   Exciting times ahead! if it happens it will captharmony 10/17/16 04:41:36 AM
#7568   I'm calling for a new run on this Topstockgirl1 10/17/16 12:31:05 AM
#7567   I think we might have cleaned out that The Rainmaker 10/14/16 04:11:56 PM
#7566   Obama and USAID started a 5 Millon dollar Mrcooperdog 10/14/16 12:51:39 PM
#7565   Thats great news! Do you have any jump3mb 10/14/16 10:03:54 AM
#7564   Us Government recently announced $3-4 million for research The Rainmaker 10/14/16 03:09:47 AM
#7563   Michigan University diligently researching coffee rust solutions: crudeoil24 10/13/16 08:36:16 PM
#7562   ONOV looking for Government approval by December. Still The Rainmaker 10/13/16 08:05:31 PM
#7561   New Growing season starts in December...BioNovelus is working The Rainmaker 10/13/16 12:34:39 PM
#7560   Meet the world's most important coffee disease that The Rainmaker 10/12/16 08:09:57 PM
#7559   Coffee Rust is a new reality for specialty The Rainmaker 10/12/16 08:07:58 PM
#7558   Back in ONOV, looks like it is moving The Rainmaker 10/12/16 02:58:42 PM
#7557   WOWOWOWOWOWW!!!! 22 percent increase today right now?!?!?!? jump3mb 10/12/16 02:43:21 PM
#7556   Agreed. I also intend to not lose Rhew123 10/12/16 08:05:39 AM
#7555   I intend not to lose hope on ONOV. captharmony 10/12/16 04:43:38 AM
#7554   It'll be easier to be patient when the captharmony 10/12/16 04:42:08 AM
#7553   $ONOV test results coming very soon! resx18 10/11/16 07:01:01 PM
#7552   Costa Rica and Mexico .. nuff said resx18 10/11/16 07:00:57 PM
#7551   Jean is making deals . You can't center resx18 10/11/16 07:00:45 PM
#7550   Hearing they are almost out. This will fly resx18 10/11/16 07:00:31 PM
#7549   Good for you buddy. At the daily jump3mb 10/11/16 01:25:04 PM
#7547   I got 0.0048. easymoney 10/10/16 09:25:13 PM
#7546   Yup! Big baby not getting their way... they Rogue Dead Guy 10/10/16 08:12:39 PM
#7545   This should help with concerns over pesticides in binsho 10/10/16 07:48:32 PM
#7544   hopefully this will break soon binsho 10/10/16 07:47:14 PM
#7543   Green pesticides are going to be the future binsho 10/10/16 07:46:06 PM
#7542   Some Ass Clown huh? Topstockgirl1 10/10/16 07:37:33 PM
#7541   It would be nice if they would give DadBGonealot 10/10/16 07:05:57 PM
#7540   UUUUUUGGGGGGGGGGGGG!!!!!!! Bought in at .4 with hopes of the jump3mb 10/10/16 03:55:00 PM
#7539   I really, really like ONOV for the long downdraft 10/10/16 03:27:01 PM