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BioNovelus Inc. (ONOV)

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Last Post: 1/19/2018 6:40:35 AM - Followers: 130 - Board type: Free - Posts Today: 2

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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#7881  Sticky Note I went over to the $ONOV headquarters in resx18 12/19/16 10:42:18 AM
#9642   This WAS AT 80 CENTS AT 1 POINT,..CORRECT--I Tom Trady 01/19/18 06:40:35 AM
#9641   Facts are facts, this one was doing fine Damage Case 01/19/18 01:08:59 AM
#9640   Yor cornhole got shucked, lmao kennyt 335 01/18/18 08:20:14 PM
#9639   YES DAMAGE CASE,IT'S ALL MY FAULT,& NOT THE Tom Trady 01/18/18 08:00:25 PM
#9638   I got out of this stock as soon Damage Case 01/18/18 02:49:28 PM
#9637   WORST STOCK I EVER OWNED Tom Trady 01/18/18 12:20:05 PM
#9636   It should have been capital. Annual report due soon? thatsallfolks 01/17/18 09:14:49 PM
#9635   I’d like to know what Jean received for Stonemoney 01/17/18 06:37:35 PM
#9634   LOOK AT THAT VOLUME (1) SHARE...WELL,IT'S BETTER THAN Tom Trady 01/17/18 04:15:57 PM
#9633   RESX-18 HAS BAILED..ONOV HAS BECOME A FLIP STOCK-NOT Tom Trady 01/17/18 11:17:09 AM
#9632 02opida 01/17/18 10:04:01 AM
#9631   Retrace? I hope they go outside the lines.. thatsallfolks 01/16/18 09:11:57 PM
#9630   Looks like ONOV is going to retrace. Definitely, captharmony 01/16/18 09:04:53 PM
#9629   Big things in the works?? Panic in the thatsallfolks 01/16/18 11:42:32 AM
#9628   WHERE'S THE NEWS JEAN-,WHERE ARE THE SALES,WHERE IS Tom Trady 01/16/18 01:21:08 AM
#9627   Big things in the works here.. silence says Michael4350 01/11/18 09:57:07 PM
#9626   I sent Jean an E-mail. He said call Stonemoney 01/10/18 03:25:08 PM
#9625   HAS ANYONE HEARD A WORD FROM JEAN, HAS Tom Trady 01/10/18 11:28:17 AM
#9624   are they even trying anymore here? desandan 01/10/18 08:02:27 AM
#9623   WAS THE 100K IN SALES OF CR-10 EVER CONFIRMED? Tom Trady 01/08/18 11:23:55 AM
#9622   Looks like you finally was able to sell kennyt 335 01/05/18 10:05:36 AM
#9621   LOOKING FOR 10.00 BY MARCH 1ST, WILL SETTLE Tom Trady 01/04/18 08:30:05 AM
#9620   I intend not to lose hope. The company captharmony 01/04/18 01:41:14 AM
#9619   Popping off hur Michael4350 01/03/18 01:48:56 PM
#9618   Steady decline is really sad,the lack of information Tom Trady 01/03/18 08:07:43 AM
#9617   Yes, I think that was the original plan. Stonemoney 01/02/18 04:28:34 AM
#9616   May I ask why you say the only allisondbl 01/02/18 02:38:00 AM
#9615   There is no progress. That’s why Jean took Stonemoney 12/30/17 04:25:37 PM
#9614   Most frustrating STOCK I have ever owned, Tom Trady 12/29/17 08:00:13 PM
#9613   It has proven its ability to build its captharmony 12/27/17 10:30:06 PM
#9612   666 in their 800# and now stock price, thatsallfolks 12/27/17 11:50:14 AM
#9611   I'm pushing for 1 MILLION SHARES Tom Trady 12/23/17 04:57:39 PM
#9610   No Santa this week :( Happy Holidays to thatsallfolks 12/22/17 12:50:58 PM
#9609   DOESN'T LOOK LIKE 2DAY IS THE DAY, Tom Trady 12/22/17 12:24:37 PM
#9608   I'm trying to stay upbeat here, whats with Tom Trady 12/21/17 10:36:42 PM
#9607   I have checked with the EPA.. no application thatsallfolks 12/21/17 03:26:13 PM
#9606   This one's in limbo until the EPA decision. Damage Case 12/21/17 01:48:48 PM
#9605   O VOLUME, NOT GOOD. OVER 800K SHARES Tom Trady 12/21/17 12:31:34 PM
#9604   I HAVE DENTED QUITE A FEW CANS IN Tom Trady 12/21/17 07:46:42 AM
#9603   The can is pretty dented, hope it doesn't thatsallfolks 12/20/17 11:18:09 PM
#9602   I feel buying pressure with all the eyes captharmony 12/20/17 11:14:15 PM
#9601   2018 ? Still kickin’ the can down the road.... Stonemoney 12/20/17 04:02:37 PM
#9600   Smell some insider manipulation with the last few thatsallfolks 12/20/17 01:18:40 PM
#9599   210,002 On the ask, WHO'S DUMPING ALL Tom Trady 12/20/17 10:57:14 AM
#9598   Meroe capital will be instrumental in assisting in Dany boy 12/19/17 04:50:36 PM
#9597   Agree with you here TT let’s all pitch Billyp54 12/18/17 06:28:23 AM
#9596   Well said TT! I have been following Scrabblin 12/17/17 05:03:12 PM
#9595   I HOPE EVERYONE HERE CAN DONATE,SOME CLOTHES,FOOD, & Tom Trady 12/17/17 11:57:33 AM
#9594   Billeee they concocted a story and dropped us Tom Trady 12/16/17 11:49:06 AM
#9593   BILLEEE- GET US OUT OF THIS ~HOLE Tom Trady 12/16/17 10:07:17 AM