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BioNovelus Inc. (ONOV)

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Last Post: 6/27/2017 6:23:05 AM - Followers: 130 - 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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PostSubject
#8809  Sticky Note $ONOV Enviro-Safe CR-10 Disinfectant Approved in Guatemala resx18 05/03/17 01:17:36 PM
#8755  Sticky Note News... CR-10 is approved by the Ministerio de BTKV 04/28/17 08:57:35 AM
#7881  Sticky Note I went over to the $ONOV headquarters in resx18 12/19/16 10:42:18 AM
#9032   Yup most OTC stocks would be back down Drifthappy 06/27/17 06:23:04 AM
#9031   Rarely post... just checking back in. Still here!! Rhew123 06/26/17 10:13:22 PM
#9030   With the low volume any other penny stock BFTR 06/26/17 10:08:27 PM
#9029   The under armor company is what Tom Trady JamC 06/26/17 02:07:44 PM
#9028   gonna be tough with no buyers or sellers. desandan 06/26/17 01:36:17 PM
#9027   What does under armor have to do with Drifthappy 06/26/17 12:37:32 PM
#9026   That's what I was thinking, Jean needs to Drifthappy 06/26/17 12:36:41 PM
#9025   Really hope under armor is a tables and JamC 06/26/17 12:34:33 PM
#9024   Seems like a good move and right on BFTR 06/26/17 12:03:32 PM
#9023   Uh-Oh.News that Jean is cooking the books soon Tom Trady 06/25/17 10:52:49 PM
#9022   Sunday Press Release ! Stonemoney 06/25/17 05:10:52 PM
#9021   All we need to an announcement of approval Pencow 06/25/17 09:49:42 AM
#9020   Every ONOVians knows the potential here , good Gigi70 06/24/17 03:16:51 PM
#9019   Green is good :)$ONOV^^ Rogue Dead Guy 06/23/17 12:47:13 PM
#9017   Great stuff in the works. Time to attract desandan 06/23/17 09:30:52 AM
#9016   Yes they are putting together a great product Drifthappy 06/23/17 07:55:23 AM
#9015   Jean and the team are always on the Superthermal 06/22/17 07:38:25 PM
#9014   Phoenix, June 22, 2017 (GLOBE NEWSWIRE) -- / resx18 06/22/17 02:57:15 PM
#9013   Only way he will stop is if this DadBGonealot 06/22/17 02:41:54 PM
#9012   Surrender Noted..... Stonemoney 06/22/17 11:53:19 AM
#9011   And your here why? It is my opinion BFTR 06/22/17 10:28:23 AM
#9010   Looks like Jean will need some more tables BFTR 06/22/17 10:24:26 AM
#9009   DRYS??? LMAO Gigi70 06/22/17 09:08:58 AM
#9008   Even with GOOD NEWS WEEKS AGO....THIS WENT DOWN...THIS Tom Trady 06/22/17 08:47:05 AM
#9007   No prob , you are welcome Gigi70 06/22/17 07:22:18 AM
#9006   Nice! Thanks for the share!! $ONOV^^ Rogue Dead Guy 06/22/17 07:18:07 AM
#9005   NEWS NEWS NEWS ROGUE Gigi70 06/22/17 07:16:33 AM
#9004   Morning $ONOV Rogue Dead Guy 06/22/17 06:51:15 AM
#9003   This company is real and in my point captharmony 06/21/17 10:45:08 PM
#9002   WOW ANOTHER WEEEEEK IS OVER AND ONOV IS Tom Trady 06/21/17 09:43:18 PM
#9001   Under Armor been on sale last few weeks JamC 06/20/17 06:52:34 PM
#9000   This is just a lottery ticket for me.I Stonemoney 06/20/17 01:47:53 PM
#8999   a boat without an engine is just a Tom Trady 06/20/17 12:25:23 PM
#8998   Would be nice to see some sales revenue Drifthappy 06/20/17 08:12:41 AM
#8997   I'm thinking end of the quarter news? DadBGonealot 06/20/17 07:42:38 AM
#8996   Lol might as well put your bid at Drifthappy 06/19/17 11:22:53 AM
#8995   I will buy 20 k shares at 0.13...tomorrow Tom Trady 06/19/17 10:57:59 AM
#8994   Lets get ready To ~ GO NOWHERE Tom Trady 06/19/17 08:30:05 AM
#8993   Yup! Staying in a channel... Rogue Dead Guy 06/19/17 07:20:42 AM
#8992   Agreed, we've been having small buys every day. Drifthappy 06/19/17 05:46:25 AM
#8991   News would be nice :) $ONOV Rogue Dead Guy 06/18/17 08:58:10 PM
#8989   Were? C'mon Tom.... First its we're DadBGonealot 06/16/17 07:34:57 PM
#8988   You waiting to buy back at .18? Damage Case 06/16/17 05:40:02 PM
#8987   Boo - Hoo....were stuck in the mud Tom Trady 06/16/17 04:59:07 PM
#8984   True Dat. LOL. Damage Case 06/16/17 11:39:46 AM
#8983   Hahaha no one has been fooled. So that's Drifthappy 06/16/17 08:32:05 AM
#8982   Doctors give out medication all the time not Drifthappy 06/16/17 08:28:47 AM
#8981   Car for sale..I think it Starts...just like buying Tom Trady 06/15/17 09:00:28 PM
#8980   Why did they approve it if they don't Stonemoney 06/15/17 02:19:35 PM
#8979   Just because something has been approved doesn't mean Drifthappy 06/15/17 01:55:50 PM
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