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BioNovelus Inc. (ONOV)
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9/13/2018 4:11:14 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)
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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Yes ! the new guy looks like he
09/13/18 04:11:14 PM
they need to improve some aggressive marketing and
09/12/18 11:24:33 PM
Good, because I cant sell anymore.. restricted
08/28/18 09:54:36 PM
Hold your shares and you will be just
08/28/18 09:43:11 PM
2nd quarter reports posted
08/21/18 03:23:33 PM
more crap https://backend.otcmarkets.com/otcapi/company/financial-report/199980/
08/20/18 01:19:46 PM
Jean Ekobo booted as CEO? https://ih.advfn.com/stock-market/USOTC/bionovelus-inc
08/18/18 01:30:55 PM
treasure also left.. reason???
08/13/18 02:27:32 PM
ONGOING REVENUE ???? What ongoing are you referring??
08/13/18 02:26:40 PM
The CEO hint above ongoing revenue, check the
08/12/18 02:17:25 PM
BioNovelus Legal firm raised money for others but
08/10/18 09:55:44 PM
NEWS !!! https://isoray.com/about/investors/press-releases/?qmodStoryID=7744113
08/10/18 12:46:25 PM
Is anyone going to write in to CEO
08/10/18 10:49:45 AM
If anything, this stock is allowing anyone able
08/09/18 11:17:22 PM
Wow, shareholders are screwed- easily go into the .000’s.
08/09/18 08:29:13 AM
08/08/18 12:00:52 AM
Bad news, say's stockholders need to give opinion
08/07/18 11:59:09 PM
Yes they are going to have to give
08/07/18 09:41:39 PM
Would be better if it was a cash
08/06/18 07:37:17 PM
08/03/18 06:05:58 PM
08/03/18 06:04:40 PM
This company is so undervalued and who ever
08/01/18 01:45:50 AM
What a dying giant from over 70cents...
07/30/18 04:08:15 AM
We're all waiting on how it will move.
07/18/18 12:13:25 AM
CR-10® registered as a disinfectant by the Ministry
07/09/18 05:08:21 PM
Let's hope for a nice rebound. Let's get
07/08/18 11:29:22 PM
The largest organic coffee cooperative conglomerate in Guatemala,
07/08/18 01:38:14 PM
That Sounds logical for a deal, be patience
07/08/18 01:35:54 PM
Yeah it is they only have six dollars
07/08/18 01:33:36 PM
That’s strange , something is wrong ;-) Is that
07/08/18 01:29:26 PM
No problem I just didn't even think about
07/08/18 01:24:31 PM
Thx for sharing
07/08/18 01:21:42 PM
07/08/18 12:48:21 PM
07/08/18 11:13:17 AM
Yeah the 1st quarter financial info is available
07/06/18 10:45:13 PM
They release fins/revs recently?
07/06/18 07:09:26 PM
The website was updated March 31 and they
06/27/18 11:25:25 AM
https://www.mayacert.com/english/clients.html Still no change in mayacert websit
06/26/18 06:53:53 PM
Keeping my eye on this. Not losing hope
06/20/18 01:56:28 AM
Should keep climbing through the summer growing season.
06/08/18 12:01:05 PM
Wow I wrote this one off as a
06/06/18 08:10:22 AM
Yes.. Sales are the key to unlock this stock
06/04/18 06:19:18 PM
Need Sales !
06/04/18 01:23:31 PM
Unlike most pennies. This business is actually under
06/03/18 10:50:45 PM
$6.00 dollars in the bank https://bionovelus.com/wp-content/uploads/2018/05/1st
06/02/18 01:40:59 AM
Mayacert + sales+profit+ reporting+Jean and crew killing it=$1.00and
06/01/18 01:37:59 PM
Spring is planting season and prolly a good
05/30/18 01:43:42 PM
As long as they remain current and deliver
05/23/18 08:58:39 PM
I found it on the first quarter financial
05/21/18 07:01:15 PM
05/21/18 02:36:32 PM
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