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BioNovelus Inc. (ONOV)

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Last Post: 4/26/2018 1:48:35 PM - Followers: 128 - 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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PlusOneCoin Top Posts
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#9849   No mention of BioNovelus on Mayacert website Why thatsallfolks 04/26/18 01:48:35 PM
#9848   Organic certification from Mayacert. OKOYE 04/26/18 09:29:09 AM
#9847   Big news out!!!! OKOYE 04/26/18 09:28:07 AM
#9846   This is looking good. We need few more captharmony 04/18/18 02:46:02 AM
#9845   $ONOV - Loading zone? wholelotamoney 04/12/18 08:28:36 AM
#9844   Good morning $ONOV Rogue Dead Guy 04/11/18 08:37:00 AM
#9843   GM ONOV desandan 04/11/18 08:25:33 AM
#9842   Good morning $ONOV Rogue Dead Guy 04/03/18 08:34:28 AM
#9841   Can’t believe In 6 months this guy raised Stonemoney 04/02/18 06:59:57 PM
#9840   Coffee Rust being left for harvest crops and thatsallfolks 04/02/18 01:07:12 PM
#9839   Yes.. even 5 years is a long way. thatsallfolks 04/02/18 12:57:58 PM
#9838   . Funny how they’ve given themselves a 15 Stonemoney 04/02/18 12:12:38 PM
#9837   Anthony Parkinson said specifically in his past post thatsallfolks 04/01/18 10:57:22 AM
#9836   They gave this guy 10 million shares: Stonemoney 04/01/18 08:39:09 AM
#9835   Bionovelus Stonemoney 04/01/18 05:51:11 AM
#9834   Big weekend BioNovelus, ether we get a full thatsallfolks 03/30/18 11:07:13 AM
#9833   Patiently waiting for true breakout move. It needs captharmony 03/29/18 12:09:37 AM
#9832   I want .0251s !!!! Looking good! $ONOV Rogue Dead Guy 03/28/18 03:14:33 PM
#9831   holding strong ONOV desandan 03/28/18 10:17:58 AM
#9830   If we see .00xx should be incrrease my position Gigi70 03/23/18 02:26:07 PM
#9829   Will we see .00s again here? That was diversified holdings 03/23/18 01:12:01 PM
#9828   I have received from Gmail Gigi70 03/20/18 04:38:45 PM
#9827   .10/.15 cents plus is expected after annual report thatsallfolks 03/20/18 12:43:47 PM
#9826   12 days till skyrocket goes off thatsallfolks 03/20/18 12:35:22 PM
#9825   Nice start to the day! $ONOV Rogue Dead Guy 03/20/18 10:36:18 AM
#9824   ;) ONOV desandan 03/20/18 10:32:54 AM
#9823   Why does a president answer from a Gmail thatsallfolks 03/20/18 02:03:40 AM
#9822   Almost in my loading zone :) $ONOV Rogue Dead Guy 03/19/18 08:20:06 PM
#9821   Nothing we didn't know waiting until 10k comes thatsallfolks 03/19/18 02:44:06 PM
#9820   Got message from Jean, see link to the picture Gigi70 03/19/18 07:19:53 AM
#9818   Liar liar pants on fire Billyp54 03/16/18 03:02:35 PM
#9816   (8) SHARES TRADED YESTERDAY (100) TODAY THATS LESS Tom Trady 03/16/18 12:19:49 PM
#9815   Updates will be coming, enjoy the quiet/cheaps before desandan 03/16/18 09:23:20 AM
#9814   I ain’t a quitter and a Debbie Downer Billyp54 03/16/18 08:30:39 AM
#9813   Indeed! $ONOV Rogue Dead Guy 03/16/18 08:12:45 AM
#9812   Good News will rocket any stock, no exception thatsallfolks 03/16/18 07:23:42 AM
#9810   Some good news and this one rockets up. captharmony 03/15/18 11:56:36 PM
#9808   Tom tom tom freestock 03/15/18 10:40:23 AM
#9807   Erase them posts onov-soon no onov board- Tom Trady 03/15/18 10:05:42 AM
#9805  Restored The SEC on Wednesday accused Theranos CEO Holmes thatsallfolks 03/15/18 01:50:21 AM
#9801   Sell me the cheaps please ONOV desandan 03/13/18 10:29:25 AM
#9795   Morning $ONOV Rogue Dead Guy 03/13/18 07:47:18 AM
#9794   $ONOV @ .0420 :) coincidence? I think not :) Rogue Dead Guy 03/13/18 07:47:00 AM
#9792  Restored 99% of TRADES YESTERDAY WERE SELLS (AGAIN) ANOTHER Tom Trady 03/13/18 07:17:06 AM
#9791   Correct, and buy ONOV desandan 03/12/18 01:31:17 PM
#9790   Please do it ONOV desandan 03/12/18 01:30:40 PM
#9787   I can hit the .02's maybe if I thatsallfolks 03/09/18 04:49:28 PM
#9786   WoW INTO THE 3'S WE GO -URGENT NEED Tom Trady 03/09/18 04:04:46 PM
#9785   OK Took your advise SOLD some thatsallfolks 03/09/18 02:26:47 PM
#9784   Thanks man desandan 03/09/18 02:05:58 PM