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Thursday, July 23, 2009 1:36:57 PM
8 minutes ago - Market Wire
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BEHL 0.023 -8.00%
As of 1:36 PM ET 7/23/09
BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) today announced the company's first closed loop photobioreactor system turned green days ahead of schedule.
Dennis Fisher, BioCentric President & CEO, today announced: "We are ecstatic with the advanced production schedule of this photobioreactor, after the initial flooding of the system we injected dye into the system to test and monitor the flow rate. After satisfactory flow rate date we flushed the system and introduced a Scenedesmus dimorphus ALGAE culture. We projected the strain would be fully harvestable within 12 days of injection, as of yesterday the system was almost 50% through completion of the cycle. At this rate we should be able attain harvest potential by the end of this month. This Scenedesmus dimorphus ALGAE culture type when harvested is typically used for producing clean burning Jet Fuel and Gasoline."
http://commons.wikimedia.org/wiki/File:Scenedesmus_dimorphus.jpg
Mr. Fisher further commented, "The Department of Energy has allocated over $85M grant money to qualifying companies for ALGAE research directed towards alternative clean burning fuels and energy sources. BioCentric Energy today retained a qualified professional to start the application process for additional ALGAE research and development grant money for the company."
http://www.lawofrenewableenergy.com/articles/biofuels/
http://www.afdc.energy.gov/afdc/progs/ddown.php?afdc/WHATS_NEW/881/
BioCentric Energy Holdings, Inc.
BioCentric Energy Holdings, Inc. is dedicated to the development of new technologies as well as acquiring and fostering companies with innovative technologies designed to provide unique and effective green energy solutions for the 21st century. Along with the cultivation of important relationships and partnerships with synergistic entities, BioCentric Energy has devoted substantial time and effort in research and development in order to bring a range of innovative green alternatives to the marketplace. www.biocentricenergy.com & www.biocentricenergyalgae.com
Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as BEHL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
View release in video format -- http://vodnewswire.com/vodnewswire/news/biocentric-energy-20090723/
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