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BioNovelus Inc. (ONOV)

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Moderator: resx18, Rogue Dead Guy
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Last Post: 9/25/2017 7:38:00 PM - Followers: 130 - Board type: Free - Posts Today: 3

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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#8809  Sticky Note $ONOV Enviro-Safe CR-10 Disinfectant Approved in Guatemala resx18 05/03/17 01:17:36 PM
#7881  Sticky Note I went over to the $ONOV headquarters in resx18 12/19/16 10:42:18 AM
#9315   Forward looking statements are not promises, just a JamC 09/25/17 07:38:00 PM
#9314   I am glad to be bagholder :-) Gigi70 09/25/17 03:39:31 AM
#9313   ONOV FB PAGE NOW HAS A VIDEO UP, Tom Trady 09/25/17 12:24:36 AM
#9312   Well let me tell u somthin-MEAN JEAN..HERE YOU Tom Trady 09/23/17 06:40:26 PM
#9311   Sitting .05 :) $ONOV Rogue Dead Guy 09/22/17 10:13:21 PM
#9310   Teacher of the year might want to use sli20001 09/21/17 02:05:07 PM
#9309   I TOLD my 5th grade class I Tom Trady 09/21/17 01:58:31 PM
#9308   One positive of 0.00 would be that you DadBGonealot 09/21/17 11:47:25 AM
#9307   WHERE'S JET SETTIN JEAN HEADED NEXT ON YOUR Tom Trady 09/21/17 10:05:34 AM
#9306   it still needs to achieve the significant sales captharmony 09/21/17 01:50:41 AM
#9305   People are forcing the price down for whatever POSSIBILITIES 09/20/17 07:26:48 PM
#9304   O.O79..R U KIDDING ME, NO SALES , NO Tom Trady 09/19/17 11:34:00 AM
#9303   With the cost of production & shipping there Stonemoney 09/19/17 08:22:59 AM
#9302   TT, As a fellow investor, I for one, DadBGonealot 09/18/17 08:11:12 AM
#9301   I'm still trying to pick up shares at captharmony 09/18/17 01:35:44 AM
#9300   Congratulation, pls never come back .... thx Gigi70 09/17/17 03:16:17 AM
#9299   Bullshit! wz9ytp 09/16/17 05:51:21 PM
#9298   I AM LEAVING THIS ROOM FOR GOOD,NEVER RETURNING Tom Trady 09/16/17 04:30:08 PM
#9296   TT, this thing was at .71 15 months DadBGonealot 09/15/17 06:48:11 PM
#9295   Smart traders don't sell--What?? THiS THING IS TANKING..ENJOY Tom Trady 09/15/17 06:44:43 PM
#9294   No we save from you , smart traders Gigi70 09/15/17 01:53:13 PM
#9293   DOWN AGAIN- SELL EVERY SHARE U OWN & Tom Trady 09/15/17 11:49:15 AM
#9292   Huh? DadBGonealot 09/14/17 10:32:00 PM
#9291   JEAN can U SPARE A DIME-OH U ONLY Tom Trady 09/14/17 05:14:26 PM
#9290   Howdy $ONOV Rogue Dead Guy 09/14/17 03:35:06 PM
#9289   Scammer, lol Gigi70 09/14/17 09:04:38 AM
#9288   WHAT WILL BE THE EXCUSE-WHEN THERE ARE Tom Trady 09/14/17 07:40:13 AM
#9287   It is showing a volume increase coupled with captharmony 09/14/17 01:21:28 AM
#9286   ONOV participants: Revenuer 09/13/17 10:01:47 PM
#9285   How many shares you Have TT.... l'll buy Billyp54 09/13/17 10:57:53 AM
#9284   Last time you wrote "my final post" here Gigi70 09/13/17 04:05:32 AM
#9283   LOL , don't sell to him, he wants Gigi70 09/13/17 04:02:04 AM
#9282   BIONOVELUS TWITTER PAGE PUMPS " CEi" it's part Tom Trady 09/12/17 10:00:30 PM
#9281   CR-10 instructions for use:JUST PUMP THEN DUMMMP.O.O9..LoL Tom Trady 09/12/17 08:20:50 PM
#9280   Slight, and accurately applied, correction... "you are a Rhew123 09/11/17 06:16:48 PM
#9279   TT, You give me confidence in strong Cheeto JamC 09/08/17 11:26:07 AM
#9278   I feel buying pressure with all the eyes captharmony 09/08/17 01:51:32 AM
#9277   Explain to ME WHY THIS IS AT O.O9 Tom Trady 09/07/17 09:28:02 PM
#9276 Gigi70 09/06/17 04:29:18 PM
#9275   Mr. TARDY, PLEASE EXPLAIN FOR my benefit, what Revenuer 09/06/17 03:30:23 PM
#9274   TT, I Thought you didn't like verbal abuse.... DadBGonealot 09/06/17 10:59:31 AM
#9273   Where is the video conference ~ video which Tom Trady 09/03/17 01:39:16 PM
#9272   TT sold at .10 and bought under armour. JamC 09/02/17 11:50:59 AM
#9271   BASKET OF DEPLORABLES IN THIS ROOM Tom Trady 09/02/17 11:24:05 AM
#9270   All Threats of Physical Violence & Verbal Abuse Tom Trady 09/02/17 10:30:19 AM
#9268   Your final post???? LOL Gigi70 09/02/17 06:09:06 AM
#9267   LOL, that sounds good, he only want to Gigi70 09/02/17 06:07:35 AM
#9266   Mr TT. Fyi the chemical base in CR10 Superthermal 09/02/17 02:13:02 AM
#9265   He will stop when there are sales numbers DadBGonealot 09/02/17 12:52:30 AM