Our Company is a development stage company that intends to grow biomass crops coupled with processing or conversion facilities to produce oils, biofuels, electricity and other biomass products.
BioPower has two business drivers. The primary business driver is the need for environmentally friendly, profitable and sustainable products. A second driver is the search for alternatives for the replacement of hydrocarbon based products, which is one of the concerns of governments, scientists and businesses BioPower Operations Corporation
BioPower Operations Corporation is a development stage company focused on growing biomass coupled with the production and sale of biomass products and byproducts. The senior management team has analyzed numerous biomass technologies and various market niche opportunities resulting in short term plans to produce and sell biomass oils coupled with the execution of two long-term licenses to grow unique trees and bamboo that can be converted into oils, biofuels, animal feed or electricity.
Robert Kohn, Chairman and CEO, stated, "We are elated to enter the public marketplace. Our S-1 registration statement was declared effective by the United States Securities and Exchange Commission on August 1, 2011. Our experienced team is in place and we have been working diligently on the initiatives outlined in our business plan. We plan to communicate frequently and consistently with the investment community to achieve complete transparency and disclosure as we build our business."
BioPower has an experienced management team, led by Robert Kohn, Chairman, CEO, CFO and Co-Founder. Previously, Mr. Kohn was co-founder of three start-up public companies with equity and debt raised exceeding $400 million. He was President of a subsidiary of NYSE, Exelon-"EXC" (www.exeloncorp.com) ranked as one of the largest electric utilities in the U.S., and President and founder of Entrade energy trading. Early in his career, Robert co-founded a waste to energy start-up, ORFA Corp. of America, which traded on National Market NMS NASDAQ. He was also Co-Founder and CEO of AssetTrade (www.Go-Dove.com), a world leader in its market and a public company on the London Exchange.
Dale Shepherd, President & COO of BioPower, has served in numerous executive roles, as COO, CFO and Finance Director including eighteen years in the General Electric Company primarily in the Plastics and the Gas Turbine business. Mr. Shepherd also served six years with Kawasaki Steel Corporation building their worldwide plastics interests as the VP of Business Development and was CFO of Rogers Corporation, an AMEX company (now trading on the NYSE). Additionally, Mr. Shepherd was VP Finance of North American Logistics with $500 Million in revenue. Mr. Shepherd acted as interim CFO and Managing Director for a business unit of Vertex Data Sciences Ltd (UK) a BPO company with $800 million in revenue. Dale has a strong background in new business development and M&A work having participated, completed and led acquisitions from $50,000 to $2.3 billion.
About BioPower Operations Corporation
BioPower Operations Corporation is a development stage company focused on growing biomass coupled with the production and sale of biomass products and byproducts. Biomass is a broad term that encompasses all plant and animal matter that can be used either as a source of energy or for its chemical components when converted into bio oils, biofuels, green electricity, animal feed and other valuable products.
The company's website can be viewed at www.biopowercorp.com
Forward-Looking Safe Harbor Statement:
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Those statements include statements regarding the intent, belief or current expectations of BioPower Operations Corporation, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. BioPower Operations Corporation undertakes no obligation to update or revise forward-looking statements to reflect changed.
Investor Relations Contact:
Constellation Asset Advisors, Inc.
CEO Robert Kohn Bio from Linkedin http://www.linkedin.com/in/robertkohn007
BioPower Corporation ("BC")
Exclusive License Agreement with Clenergen Corporation - an exclusive license agreement was signed between BioPower Corporation and Clenergen Corporation. BioPower Corporation has the exclusive license for the United States, Central America, Guam, and Mexico to utilize Clenergen's biomass growing technologies. Clenergen Corporation (www.clenergen.com) is a public company which utilizes a tree adaption technology applied to selected tree species, Marjestica, Melia Dubia and Bamboo. This technology increases biomass yields. After three to four years wood chips and wood pellets can be produced from the biomass and can then be converted into clean electricity and biofuels.
Global Energy Crops Corporation ("GECC")
Global Energy Crops Corporation ("GECC") is a 100% wholly-owned subsidiary for the future development of global business opportunities. GECC will focus on:
- Funding and Project Finance for alternative energy projects.
- Opportunities with USA AID, OPIC, humanitarian funds and similar organizations for biomass energy crop growing projects in third world countries, for the conversion to electricity and biofuels.
- Working with municipalities, government agencies and Native American Sovereign Territories in utilizing undervalued, non-food crop land and growing energy crops that can be converted to biofuels and electricity.
- Establishing joint ventures with both international and smaller technology companies for alternative energy projects.
- Developing supply chain contracts with buyers of energy crop products including wood pellets, electricity, biofuels and other valuable products.
- Offering services and training related to providing technology and know-how for biomass projects and alternative energy projects.
Green Oil Plantations Americas, Inc. ("Green Oil")
An agreement was signed between Green Oil Plantations Ltd. (www.greenoilplantations.com) and their affiliates and the subsidiary for the exclusive fully paid up license for fifty (50) years to utilize the licensed technologies and turnkey model for growing energy crops in North America, South America, Central America and the Caribbean. Green Oil Plantations Americas, Inc. was formed as the operating company for this exclusive license.
We have deferred our plans for the development of our long-term, licensed biomass products until specific funding can be obtained for such projects. If such funding is obtained, we would seek joint ventures with land owners and investors, work with municipalities, federal and state government agencies and Native American Tribes.