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BioNovelus Inc. (ONOV)

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Last Post: 5/25/2017 9:33:49 PM - Followers: 130 - 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)



 
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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ONOV
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PostSubject
#8809  Sticky Note $ONOV Enviro-Safe CR-10 Disinfectant Approved in Guatemala resx18 05/03/17 01:17:36 PM
#8755  Sticky Note News... CR-10 is approved by the Ministerio de BTKV 04/28/17 08:57:35 AM
#7881  Sticky Note I went over to the $ONOV headquarters in resx18 12/19/16 10:42:18 AM
#8905   This will run again when no one is Drifthappy 05/25/17 09:33:49 PM
#8904   i plan on it,I had such high hopes, Tom Trady 05/25/17 09:05:51 PM
#8903   Patience.....you can always sell DadBGonealot 05/25/17 05:55:45 PM
#8902   Another week, almost done, and NOTHING TO SHOW Tom Trady 05/25/17 11:21:35 AM
#8901   Easy money, CEO Jean getting everything in place. JamC 05/24/17 11:40:51 AM
#8900   Damn someone decided to get out and pull Drifthappy 05/24/17 10:27:24 AM
#8899   RAISE THE ASKS! POSSIBILITIES 05/24/17 10:08:53 AM
#8898   Dead Money ? Tom Trady 05/24/17 10:00:10 AM
#8897   NOTE 6 - DEPOSIT FOR DISTRIBUTION RIGHTS podacs 05/23/17 12:53:07 PM
#8896   Nevermind, the askING price is just going to JamC 05/23/17 11:13:28 AM
#8895   Could be your last time to buy under JamC 05/23/17 10:17:51 AM
#8894   I hope your feeling a little better about Drifthappy 05/23/17 09:53:43 AM
#8893   im going for a run this morning , Tom Trady 05/23/17 09:51:58 AM
#8892   Form T-trade pre market. Openned at 1950. 50,000 wz9ytp 05/23/17 09:35:15 AM
#8891   Marching back up? ballerdan 05/22/17 03:39:34 PM
#8890   Wow what a spread, ask is at .198, Drifthappy 05/22/17 02:24:47 PM
#8889   Just checked out the short position on ONOV Drifthappy 05/22/17 12:34:44 PM
#8888   I paid more $$$ when they announced approval, JamC 05/22/17 10:36:32 AM
#8887   Thanks for the link. Pencow 05/19/17 09:36:01 PM
#8886   https://www.otcmarkets.com/financialReportViewer?symbol=ONOV&id=172151 Page 5, wz9ytp 05/19/17 09:16:17 PM
#8885   If ONOV does what we all think and Pencow 05/19/17 07:47:04 PM
#8884   Watch "BioNovelus 5 9 17 1" on YouTube https://youtu.be/uvCQP3El5XA resx18 05/19/17 03:43:12 PM
#8883   Damn nice buys, yes no volume no dilation Drifthappy 05/19/17 12:36:16 PM
#8882   Volume is extremely low. So what if DadBGonealot 05/19/17 11:55:58 AM
#8881   THERE ARE PEOPLE OUT THERE THAT WILL BUY POSSIBILITIES 05/19/17 11:17:59 AM
#8880   No doubt I'm sure a lot of farmers/governments Drifthappy 05/19/17 09:25:15 AM
#8879   Can you provide a link? Where did you Pencow 05/19/17 08:38:58 AM
#8878   I would have expected upwards movement with these wz9ytp 05/19/17 07:37:20 AM
#8877   Patience is a virtue. Damage Case 05/19/17 01:16:12 AM
#8876   Hang in there Tom Trady, it's only the JamC 05/18/17 11:06:49 PM
#8875   T - minus 2 weeks & 1 day Tom Trady 05/18/17 06:14:19 PM
#8874   Surely with all of the new hires and POSSIBILITIES 05/18/17 01:42:16 PM
#8873   Where has all the chatter gone? Billyp54 05/18/17 01:28:04 PM
#8872   Screaming Buys ?? or did u mean Screaming Sells Tom Trady 05/18/17 12:39:12 PM
#8871   I'm with you Pencow. I just check back Damage Case 05/17/17 05:18:19 PM
#8870   I think we have some time to wait. Pencow 05/17/17 12:13:15 PM
#8869   I'm sensing some screaming buys on the upcoming captharmony 05/17/17 12:57:11 AM
#8868   Yup everything is looking good. I see a Drifthappy 05/16/17 01:26:20 PM
#8867   Getting close!! Jean working his butt off for BFTR 05/16/17 12:37:21 PM
#8866   AGRITADE 2017: With ever increasing interest internationally in resx18 05/16/17 12:26:10 PM
#8865   Thanks. Haven't had a chance to go over Pencow 05/16/17 12:25:09 PM
#8864   10-Q is out , all the info is resx18 05/16/17 12:22:48 PM
#8863   Where did you get this? Pencow 05/16/17 12:20:27 PM
#8862   EPA updates: In its process of registering CR-10 resx18 05/16/17 12:17:42 PM
#8861   Q1 fins out on OTCmarkets.com wz9ytp 05/15/17 10:57:41 PM
#8860   ONOV had a long list of accomplishments last Pencow 05/14/17 10:30:29 AM
#8859   $ONOV is not doing nada. It has been Superthermal 05/14/17 01:42:14 AM
#8858   That we know of. Could be lots of Drifthappy 05/13/17 07:11:10 AM
#8857   Another week of~ NOTHING !! Tom Trady 05/12/17 08:45:09 PM
#8856   Bull Squirt Revenuer 05/11/17 07:47:28 PM
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