Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
BONU----NEWS
BioNeutral and the Chertoff Group Announce a Collaborative Agreement to Continue Development of BioNeutral's Antimicrobial and Sterilant TechnologiesLast update: 8/31/2009 8:29:00 AMNEWARK, N.J., Aug 31, 2009 (BUSINESS WIRE) -- BioNeutral Group, Inc. (BONU) has expanded its relationship with the Chertoff Group (Washington, DC). Beginning September 1, 2009, two senior members of the Chertoff Group will provide dedicated strategic and operational advisory services to BioNeutral to enhance the company's strategic alliances, corporate operations, product testing, regulatory approvals, capital strategies and sales to the public and private sectors. "It's exciting working with the Chertoff Group. We believe their collective talent, combined with BioNeutral's world class chemistry, will make a significant difference in saving lives presently lost to infection. We are proud to combine our efforts to help combat communicable diseases and make the hospital and all health care facilities a safer place," said Stephen J. Browand, President & CEO of BioNeutral Group. "As some of the principal architects of homeland security policy and doctrine, our team has a good feel for how to examine problems from end-to-end, and how to evaluate technologies that might be brought to bear in solving those problems," said former Homeland Secretary Chertoff, Co-Founder and Chairman of the Chertoff Group. "By working with investors, private companies, governments and others who want to grow into homeland security markets, either organically or via acquisitions, I think our firm offers a unique value proposition and perspective. Given our deep knowledge of national and international biosecurity requirements in the commercial and government sectors alike, we are uniquely positioned to help BioNeutral in all aspects of the company's continuing growth." Under terms of the Agreement, Chertoff Group Principal Jeffrey W. Runge, MD and Deputy Chief Operating Officer Dr. J. Bennet Waters will devote approximately half their time exclusively to advising BioNeutral. Dr. Runge will serve as Senior Medical Advisor, and Dr. Waters will serve as Senior Operations Advisor. Dr. Runge is formerly the Assistant Secretary of Health Affairs at the Department of Homeland Security (DHS); Dr. Waters is formerly Deputy Assistant Administrator at the Transportation Security Administration and served previously as Chief of Staff of DHS's Office of Health Affairs and as Counselor to two DHS Deputy Secretaries. In addition to Drs. Runge and Waters, other Chertoff Group principals will provide periodic support to BioNeutral regarding product testing and evaluation; acquisitions and procurement activities across commercial and federal targets; and capital-raising strategies. "I believe BioNeutral's technology has the potential to be game-changing," said Chad Sweet, Co-Founder and Managing Principal at the Chertoff Group. "Based on preliminary data from independent lab testing, we are enthusiastic about the potential to instantly sterilize surfaces, fabric and skin without any known environmental effects. We believe BioNeutral's formulations have the potential to address several difficult problems facing the Nation, including influenza pandemics, national security threats such as anthrax, and in preventing expensive and dangerous hospital acquired infections." Mr. Sweet previously served as the Chief of Staff of DHS and at the CIA. In addition to his expertise in security, he worked for twelve years in finance with Goldman Sachs and Morgan Stanley. At Chertoff Group, Mr. Sweet utilizes his unique background in intelligence, homeland security, and investment banking to advise companies and private equity firms expanding within the defense, aerospace, and security industries. Other principals at Chertoff Group include General Michael Hayden, former Director of the Central Intelligence and National Security Agencies; former Homeland Security Deputy Secretary Paul Schneider (who previously served as head of acquisitions for the National Security Agency and United States Navy); and former Undersecretaries of Homeland Security Charles Allen and Rear Admiral Jay Cohen. BioNeutral's relationship with Dr. Runge and Dr. Waters takes advantage of a unique skill set in homeland security and health care. Dr. Runge was DHS's first Chief Medical Officer, where he led the reorganization of biodefense operations into a new Office of Health Affairs. Prior to DHS, he was the head of the National Highway Traffic Safety Administration, where he instituted programs that led to the first absolute declines in U.S. motor vehicle deaths in nearly a decade and the lowest highway fatality rate in history. He has also been a board certified emergency physician for 25 years. Dr. Waters joined the Chertoff Group after three and a half years at the Department of Homeland Security (DHS), where his portfolio included intelligence and operational aspects of border and transportation security; immigration and customs enforcement activities; emergency management and the United States Secret Service. Prior to government service, Dr. Waters held senior strategic, financial and operations roles in early-stage organizations and turnaround situations. "Dr. Waters and I are excited about the opportunity to deepen our relationship with BioNeutral," Dr. Runge said. "Over the past few months, we've gotten to know the company, its technology and its leadership team. We believe they are on the cutting edge of biotechnology, and we're looking forward to helping them take the next steps in developing, licensing and providing their unique formulations for the health and welfare of people
Anyone been keeping an eye on BONU, jumped from .40 on Monday to 1.38 presently.
What kind of persone spends 3.50 on share sof stock, when the commision cost 3x as much----seems to be some frigging in the rigging here.
Is this what we call the calm before the storm---the thunderous quiet---yada yada??? Lets hope we see something. I have heard the moon, I would be happy with the horizon.
Anyone have an idea/speculation where this might go to/ceiling at today---TIA
Depth/Level II for China Health Management Corp. New (CNHC)
Ask: In order as seen on L2 a moment ago:
NITE @ .0035
SALI @ .01
DOMS @ .05
HDSN @ .12
LABS @ .55
VFIN @ 1.01
JEFF @ 2.00
UBSS @ 2000.00
Hope this helps
CNHC(.0035 yesterday afterhours PPS), has some decent potential--talk of pennyland, prehaps today
Starting to brew 18%+ PM
CTIC .2408 up 18% PM
Hows the dice rolling these days.
G'morning Harley and Joan, hope all is well with yah.
Guess they just cut a deal with WEHI--PR out this morning
Anyone have a L2? Thanks in advance
We are all awaiting a decent bid for the glass company, as well as any results from the geologist being hired for nat. gas and mineral interests.
Oh how I rememeber those days and will endure in a few months down the road. The sweet stench of dry heat. :)
Clear,
We have yet to see anything more stating ANOTHER buyback and retirement, but it would not hurt this at all. GLTY
Mornig Harley, or should I say afternoon, hows the sandbox?
Sure Does
Well occationally we all hit a decent one, guess it makes up for all the "hurrying up and waiting" part.
Yah figure this is happening on a Monday, wonder what the rest of the week has in store for us.
Joan, seems like sticking with BCND was the right choice for the time being.
Perhaps Adam should take some of them oney from the salvage bid, at least 5%, and buy back more shares. If they got 10 mil for the salvage lets say, and thats a conservative guess, and applied 500K towards a buyback at .0005, I think thats about a billion shares. But hey thats just wishful thinking, and my math is probably way off. Good luck to all--wish my theory was that easy in the real world.
Yepp, and with only about 20 mins into a Monday, great start.
Well lets hpe it pans out in out favor.
Would be nice to see
hi Joan, yep BCND, YAH-HOO
holy cow, an uptick
Let shope we see some .0004 prints soon.
61 mil vol, .0004 ask hmmmm
42+ mil vol--startingt o push forward.
Some good volumn on BCND thus far, good movement from the PR this morning.
Volumn 29+ mil, something is happening,.
16+ mil vol, this PR may liven things up.
11+mil vol
Lets see what Adam does with it.
BCND NEWS
Beacon Redevelopment Industrial Corporation Confirms No Need of Funding Through the Sale of its Equities PR Newswire "US Press Releases "
NORTH HUNTINGDON, Pa., Aug 18 /PRNewswire-FirstCall/ -- Beacon Redevelopment Industrial Corporation (OTC: BCND) today announced it has received several inquiries from its shareholders regarding the sale of equities to fund the company's recent acquisitions and the company has elected to elaborate.
The company receives no less than three to four unsolicited offers a week to finance its operations (from major investors and investment bankers) with certain instruments such as convertible debentures, regulation 504 exemptions and other detrimental financing options, executive management always and continually will reject these unfavorable methods of financing for any and all of its financing needs.
The company will continue to rely on traditional methods of financing i.e. bank financing, owner financing or company funds, as it is the company's belief that if their acquisitions can not stand on their own merits and utilize traditional sources of financing in any market conditions, it is not a project that they should get involved with.
The company's recent three acquisitions (Westmoreland Glass factory and Multiple Parcels of land totaling 259.5 acres) have been funded through a combination of seller financing and cash investments by the company's principles. The investments by the company's principles are interest free and secured by restricted stock for two years.
"The company will not and never will under any circumstances submit to any type of death spiral financing; it is the intent of our company to build a viable and profitable company on the merits of its acquisitions/projects," said Mr. Adam Merek, President.
Mr. Marek also added that, "The principles are seasoned real estate investors/developers and builders, not stock salesman. When management took over this public company they reviewed the entire history and decided that we can increase shareholder value even though it was a calculated risk regarding the past management and its history. The principle's advisors recommended a reverse split and all of the principles agreed if we have to hurt the shareholders we have no interest and will never have that interest. The principles all agreed that regardless of past management we will deal with it and restore shareholder value with a real and viable business. We evaluated it and decided to go with it and chose a course of action. We feel good about where we are at this point and more importantly we have only begun to enhance shareholder value. To date we have at least regained a sustained bid and are bringing real assets and real hope of potential returns for shareholders investments, with much more to come."
My guess is he does not have many facts, 7 posts since last November and half are postings just recently speaking about a REGDEX...weirder things have happened.