BioNitrogen Holdings Corp. (BIONQ)

[peafunke]

In very few words... Many construction sites that develop land for commercial or residential need to dispose of woody and bio mass material. They usually have to pay for it to be removed. Bionitrogen can take or purchase (at lower costs ) the material to use their process to create / manufacture nitrogen urea pellets for fertilizer. Everyone should realize farming requires fertilizer. If a company can generate this fertilizer with lower costs, reducing carbon footprints and closer to the source and customer base, it is a win win for the business model.

The additional potential of both changing the feedstock input ( biomass to natural gas, should there be less woody mass available from construction sites ) and the post manufactured product ( not necessarily their business model but can be done ) has other advantages because it makes the model nimble and able to change direction should it need to. The equipment is not necessarily expensive and is on a much smaller scale ( less expensive ) and footprint to make a manufacturing site compared to existing fertilizer manufacturers.

So long story short they provide a service to construction companies and development sites as well as farming and fertilizing requirements for customers. This is over simplified but it's the premise of their operation.

Biomass in and fertilizer out. Poot.

Hope that paints a picture.