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BioNovelus Inc. (ONOV)

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Last Post: 1/23/2019 10:51:34 AM - Followers: 121 - Board type: Free - Posts Today: 3

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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#9969   The next 10q report should show how much Dany boy 01/23/19 10:51:34 AM
#9968   They've been working on all of it they Dany boy 01/23/19 09:27:34 AM
#9967   Anybody know who's running the company? Any sales podacs 01/23/19 08:46:58 AM
#9966   Agree. #Patience. Will be back testing the highs captharmony 01/07/19 12:30:06 AM
#9965   The fact that they are starting to sell Dany boy 12/20/18 12:59:40 PM
#9964   Anything you can share? thatsallfolks 12/14/18 11:13:18 AM
#9963   Getting better. I guess something incredibly important and captharmony 12/11/18 08:33:13 PM
#9962   They know what needs to happen to move captharmony 11/20/18 10:45:29 PM
#9961   Poor management, Ekobo ran it into the ground thatsallfolks 11/15/18 12:18:59 AM
#9960   At barely a penny a share (currently) I garymatt 11/14/18 04:04:47 PM
#9959   Geeze what happened here desandan 11/14/18 09:16:08 AM
#9958   Jail time for ekobos for FRAUD Tom Trady 11/09/18 08:31:35 AM
#9957   Hey what happens whit ONOV.LOL.80% down.and you been mojo joyo 11/08/18 12:20:07 PM
#9956   JEAN EKOBO IS A CHEF, HE'S COOKIN UP Tom Trady 11/07/18 01:05:16 PM
#9955   ONOV is a dead cat. what you been mojo joyo 11/06/18 03:59:22 PM
#9954   SUB PENNY SHUFFLE Tom Trady 11/05/18 12:16:43 PM
#9953   Everybody has to play it their own way, captharmony 11/02/18 01:52:32 AM
#9952   S-E-C MUST BE NOTAFIED OF FALSE STATEMENTS BY Tom Trady 11/01/18 09:08:40 AM
#9951   other boards? Bring this to light please. Hard thatsallfolks 10/31/18 06:54:57 PM
#9950   NEWER LOWS EVERY OTHER DAY- KISS UR CASH GOODBYE. Tom Trady 10/29/18 03:43:18 PM
#9949   Im confused what side of the field you're Steph_ATK 10/29/18 02:35:55 PM
#9948   JEAN & NATs NEW HOUSE PAID4 BY SHAREHOLDERS.. Tom Trady 10/28/18 02:43:20 PM
#9947   35% DROP 1.3 CENTS BILLY UR THE TARD Tom Trady 10/27/18 04:57:27 PM
#9946   WOW..WAS I RIGHT SUE JEAN & NAT IMMEDIATELY Tom Trady 10/26/18 04:00:14 PM
#9945   DON'T ALL COME OUT OF THE WOODWORK Tom Trady 10/24/18 10:25:17 AM
#9944   1.6 CENTS & I'm the Tard..lol.YOU MUST BE Tom Trady 10/23/18 01:50:40 PM
#9943   Dear Mr. Tardy, Revenuer 10/22/18 04:05:54 PM
#9941   WOW.. Worse then I thought. Thanks TT always thatsallfolks 10/19/18 05:36:06 PM
#9940   Watch the m-goodman sales video on you tube,...lol...speaking Tom Trady 10/18/18 11:01:22 AM
#9939   VINCE ""FROM SLAP CHOP' WOULD DO BETTER...HE WOULD Tom Trady 10/18/18 08:27:27 AM
#9938   Quote M Goodman PR:"He founded the largest local thatsallfolks 10/17/18 04:49:58 PM
#9937   new guy not doing anything. Michael Goodman the thatsallfolks 10/17/18 03:23:12 PM
#9936   Just be patient TT Billyp54 10/17/18 01:07:38 PM
#9935   ANOTHER USELESS DAY FOR ONOV INVESTORS...WHILE JEAN & Tom Trady 10/17/18 12:03:44 PM
#9934   Billy-i WAS RIGHT.ONOV IS A HUGE SCAM. Tom Trady 10/16/18 01:40:55 PM
#9933   TT is back after being in la la land! Billyp54 10/16/18 09:40:17 AM
#9932   Publicity is more important right now. Getting their captharmony 10/16/18 01:14:37 AM
#9931   NO NEWS-NO SALES -JUST SCAM ARTISTS Tom Trady 10/12/18 04:47:29 PM
#9930   WELCOME TO GARBAGE LAND.... Tom Trady 10/11/18 01:11:50 PM
#9929   WHAT !! NO 1 GOT A WORD TO Tom Trady 10/10/18 03:53:10 PM
#9928   A STOCK DYING IN FRONT OF ALL OF Tom Trady 10/09/18 09:06:13 PM
#9927   SUB PENNY SOON JUST LIKE I SAID 8 Tom Trady 10/09/18 02:43:54 PM
#9926   Where is the ticker symbol & Volume..counter Tom Trady 10/08/18 12:33:05 PM
#9925   JEAN & Nat SHOW PROOF OF THE 100K SALE Tom Trady 10/07/18 07:03:42 PM
#9924   No ANSWER...MUST BE ON VACATION,,AGAIN..ON YOUR DIME... Tom Trady 10/07/18 05:18:37 PM
#9922   Agree.. something major wrong here thatsallfolks 10/04/18 01:16:02 PM
#9921   No F-book updates since Sept 15-call these scam Tom Trady 10/04/18 01:04:03 PM
#9920   This is being pumped on other boards slops 10/03/18 04:26:26 PM
#9919   Grab a lawyer..its time to sue these FRAUDS Tom Trady 10/02/18 02:57:47 PM