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BioNovelus Inc. (ONOV)

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Last Post: 5/24/2019 7:31:18 AM - Followers: 117 - Board type: Free - Posts Today: 1

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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#10024   1 PENNY...LOL...JEAN & NAT HAVE DESTROYED THIS STOCK Tom Trady 05/24/19 07:31:18 AM
#10023   Tom, I thought we had seen the last Superthermal 05/23/19 07:08:05 PM
#10022   Urgent need for cr-10....lol...jeans always a comedian....remember the Tom Trady 05/23/19 02:25:46 PM
#10021   The comment was geared toward someone else. Learn shigtynodigty 05/23/19 06:25:36 AM
#10020   It needs to work towards a broad shareholders captharmony 05/23/19 03:37:00 AM
#10019   It needs to work towards a broad shareholders captharmony 05/23/19 03:36:55 AM
#10018   Shig...your obviously NEW, SMARTEN UP WOMAN. Tom Trady 05/22/19 09:10:09 PM
#10017   O.O1 MEROE CAPITAL? GREAT CHOICE JEAN..LOOKING REAL GOOD, Tom Trady 05/22/19 09:05:47 PM
#10016   Sure buddy shigtynodigty 05/22/19 09:01:29 PM
#10015   MEAN JEAN REALLY CLEANED UP ON INVESTORS, HE Tom Trady 05/21/19 03:48:14 PM
#10014   1 Penny.LMAO.. Jean & NAT - SCAM ARTISTS...JAIL Tom Trady 05/14/19 12:21:16 PM
#10013   Hope...give us a break they are CLEAR FRAUDS Tom Trady 05/14/19 11:17:06 AM
#10012   We do hope to hear great news soon. captharmony 05/14/19 01:15:34 AM
#10010   you are wrong about that shiggy. I have podacs 05/06/19 09:58:21 PM
#10009   STOP symbol - as defined by the OTC Market thatsallfolks 05/02/19 04:24:30 AM
#10008   last press release looks like 12/04/18 product available, thatsallfolks 05/02/19 04:09:11 AM
#10007   Still waiting for new coverage on this. Hopefully soon. captharmony 05/01/19 09:58:29 PM
#10006   Can someone let me know the last press shigtynodigty 04/29/19 06:43:37 PM
#10005   They don’t have anything all smoke shigtynodigty 04/29/19 01:11:20 PM
#10004   They do have a product CR-10 podacs 04/26/19 07:43:44 PM
#10003   ONOV is a defunct Company - They have BlueRadius 04/26/19 06:19:54 PM
#10002   Hi, I have been looking for information on Meroe RGFuller 04/25/19 06:53:31 PM
#10001   ONOV will be a Sub Penny Stock soon BlueRadius 04/23/19 02:11:30 PM
#10000   Good luck to all. I have depleted my position. shigtynodigty 04/23/19 06:27:21 AM
#9999   Bull crap....when was the last time news was shigtynodigty 04/18/19 08:20:36 PM
#9998   it has to announce something or give us captharmony 04/17/19 11:28:05 PM
#9997   Hahaha what a scam. No coffee rust- nothing shigtynodigty 04/16/19 09:59:12 PM
#9996   Dilution unreal shigtynodigty 04/16/19 03:29:51 PM
#9995   When is there going to be a press release? shigtynodigty 04/16/19 06:33:53 AM
#9994   Nada shigtynodigty 04/14/19 09:54:25 AM
#9993   When was the last press release? shigtynodigty 04/14/19 09:53:38 AM
#9992   Did you leave a message? onov 04/11/19 12:04:58 PM
#9991   I can’t even get anyone on the phone hahahha shigtynodigty 04/10/19 04:47:37 PM
#9990   It's not rust free trees it's rust resistant Dany boy 04/10/19 03:37:42 PM
#9989   any sales yet? better sell CR-10 before Starbucks podacs 04/10/19 01:13:34 PM
#9988   Is this company even in business? shigtynodigty 04/09/19 05:09:07 PM
#9987   ONOV has been a wild ride BUT I captharmony 04/04/19 01:20:41 AM
#9986   I thought it the price action was interesting, Rogue Dead Guy 03/26/19 08:23:14 AM
#9985   I agree completely. somebody knows a little something captharmony 03/26/19 12:59:06 AM
#9984   Interesting price movement lately $ONOV Rogue Dead Guy 03/19/19 11:04:37 PM
#9983   Been following ONOV for five years and a shareholder. shigtynodigty 03/19/19 08:27:10 PM
#9982   If you've done your research on this company Dany boy 03/18/19 11:14:26 PM
#9981   This turd needs to go- no volume ugh shigtynodigty 03/18/19 09:11:47 PM
#9980   Who is the CEO now? shigtynodigty 03/14/19 06:56:51 PM
#9979   Yeah they are they just updated their website Dany boy 03/13/19 10:20:54 PM
#9978   They even in business? shigtynodigty 03/13/19 05:52:34 PM
#9977   We've been patient. All we need to know captharmony 03/12/19 02:02:13 AM
#9976   well you got it. down whats podacs 02/25/19 11:30:41 AM
#9975   Way overdue for some movement here desandan 02/25/19 09:09:29 AM