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BioNovelus Inc. (ONOV)
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1/23/2019 10:51:34 AM
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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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The next 10q report should show how much
01/23/19 10:51:34 AM
They've been working on all of it they
01/23/19 09:27:34 AM
Anybody know who's running the company? Any sales
01/23/19 08:46:58 AM
Agree. #Patience. Will be back testing the highs
01/07/19 12:30:06 AM
The fact that they are starting to sell
12/20/18 12:59:40 PM
Anything you can share?
12/14/18 11:13:18 AM
Getting better. I guess something incredibly important and
12/11/18 08:33:13 PM
They know what needs to happen to move
11/20/18 10:45:29 PM
Poor management, Ekobo ran it into the ground
11/15/18 12:18:59 AM
At barely a penny a share (currently) I
11/14/18 04:04:47 PM
Geeze what happened here
11/14/18 09:16:08 AM
Jail time for ekobos for FRAUD
11/09/18 08:31:35 AM
Hey what happens whit ONOV.LOL.80% down.and you been
11/08/18 12:20:07 PM
JEAN EKOBO IS A CHEF, HE'S COOKIN UP
11/07/18 01:05:16 PM
ONOV is a dead cat. what you been
11/06/18 03:59:22 PM
SUB PENNY SHUFFLE
11/05/18 12:16:43 PM
Everybody has to play it their own way,
11/02/18 01:52:32 AM
S-E-C MUST BE NOTAFIED OF FALSE STATEMENTS BY
11/01/18 09:08:40 AM
other boards? Bring this to light please. Hard
10/31/18 06:54:57 PM
NEWER LOWS EVERY OTHER DAY- KISS UR CASH GOODBYE.
10/29/18 03:43:18 PM
Im confused what side of the field you're
10/29/18 02:35:55 PM
JEAN & NATs NEW HOUSE PAID4 BY SHAREHOLDERS..
10/28/18 02:43:20 PM
35% DROP 1.3 CENTS BILLY UR THE TARD
10/27/18 04:57:27 PM
WOW..WAS I RIGHT SUE JEAN & NAT IMMEDIATELY
10/26/18 04:00:14 PM
DON'T ALL COME OUT OF THE WOODWORK
10/24/18 10:25:17 AM
1.6 CENTS & I'm the Tard..lol.YOU MUST BE
10/23/18 01:50:40 PM
Dear Mr. Tardy,
10/22/18 04:05:54 PM
JEAN & NAT HAVE TOTALLY DISRESPECTED INVESTORS-- COULD
10/20/18 08:03:52 AM
WOW.. Worse then I thought. Thanks TT always
10/19/18 05:36:06 PM
Watch the m-goodman sales video on you tube,...lol...speaking
10/18/18 11:01:22 AM
VINCE ""FROM SLAP CHOP' WOULD DO BETTER...HE WOULD
10/18/18 08:27:27 AM
Quote M Goodman PR:"He founded the largest local
10/17/18 04:49:58 PM
new guy not doing anything. Michael Goodman the
10/17/18 03:23:12 PM
Just be patient TT
10/17/18 01:07:38 PM
ANOTHER USELESS DAY FOR ONOV INVESTORS...WHILE JEAN &
10/17/18 12:03:44 PM
Billy-i WAS RIGHT.ONOV IS A HUGE SCAM.
10/16/18 01:40:55 PM
TT is back after being in la la land!
10/16/18 09:40:17 AM
Publicity is more important right now. Getting their
10/16/18 01:14:37 AM
NO NEWS-NO SALES -JUST SCAM ARTISTS
10/12/18 04:47:29 PM
WELCOME TO GARBAGE LAND....
10/11/18 01:11:50 PM
WHAT !! NO 1 GOT A WORD TO
10/10/18 03:53:10 PM
A STOCK DYING IN FRONT OF ALL OF
10/09/18 09:06:13 PM
SUB PENNY SOON JUST LIKE I SAID 8
10/09/18 02:43:54 PM
Where is the ticker symbol & Volume..counter
10/08/18 12:33:05 PM
JEAN & Nat SHOW PROOF OF THE 100K SALE
10/07/18 07:03:42 PM
No ANSWER...MUST BE ON VACATION,,AGAIN..ON YOUR DIME...
10/07/18 05:18:37 PM
Agree.. something major wrong here
10/04/18 01:16:02 PM
No F-book updates since Sept 15-call these scam
10/04/18 01:04:03 PM
This is being pumped on other boards
10/03/18 04:26:26 PM
Grab a lawyer..its time to sue these FRAUDS
10/02/18 02:57:47 PM
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