Biocentric Energy Holdings, Inc. (BEHL)

[FuzzyGummyBear]

6. Costs and effects of compliance with environmental laws (federal, state and local);

The Company’s activities are subject to extensive air, water and other environmental regulations, The Company has obtained two Research and Development licenses from the City of San Juan Capistrano.

Future activities will necessitate applying for a number of environmental permits under both state and federal programs to construct and operate plants. In addition, distillation, transesterification, and/or gasification of BioFuels are required to satisfy the fuel quality standards of the Environmental Protection Agency.

Company Management believes the facility will meet those standards; however, no assurance can be given that expectation will be correct. Further, such obligation is ongoing and no assurance can be given that it will comply in the future. There is no anticipation of any problem receiving any of the required environmental permits; however, if for any reason they are unable to obtain any of these permits, construction costs for the plant may increase or they may not be able to complete construction of the plants. Environmental laws and regulations, both at the federal and state level, are subject to change and changes can be required retroactively. Consequently, a requirement to invest or spend considerable resources to comply with future environmental regulations, or new or modified interpretations of those regulations, may reduce profitability and result in the loss of some or all of investors’ funds.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=28433


That is from the latest filing.

IMO

Biocentric has completely failed to even apply for any permits in Santa Ana .. You may not have a problem with that .. That is fine ..

I think this information should be known by all shareholders .. and I believe anyone contemplating purchasing BEHL should also be aware of this issue.