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Re: Colworth post# 77344

Tuesday, 02/23/2010 9:17:55 AM

Tuesday, February 23, 2010 9:17:55 AM

Post# of 111729
January 20th, 2010 -- Senior members of the BioCentric Management Team will be arriving in South Carolina to finalize the JV agreements with Renewed World Energies (RWE) which include:

1) The fulfillment of currently open in-house purchase orders.


2) Final Contracting agreements with RWE to build and maintain BioCentric Second Generation Closed Loop Photobioreactor systems.


3) Enhancement of the Harvesting Prototype (R & D version) which is anticipated for completion by the end of the month.


4) Completion of filing Government grant applications through the Department of Energy (DOE) who have significant funds set-aside for companies such as BioCentric for ALGAE research and development processes.