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peafunke

08/04/15 3:15 PM

#13234 RE: king rook #13232

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.
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traderwebb

08/04/15 3:19 PM

#13235 RE: king rook #13232

Sorry, but I don't have more time to be more simple, but here is a read that explains a good bit of it.

http://www.bionitrogen.com/news/bionitrogens-technological-exclusivity-and-production-process-agreement-is-finalized/

Some of this info may be outdated now though - not sure.
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TFletcher

08/04/15 3:41 PM

#13237 RE: king rook #13232

Hi, king rook. Welcome to the conversation :)
The technology is the key to producing the product.
The business model is still evolving.
But, basically, the company can produce urea (fertilizer) from wood waste... as opposed to purchasing natural gas, as do the conventional fertilizer manufacturing plants.
Don't be discouraged by the attackers.
There are folks here that will benefit from the failure of the company.
Most of us want to see BION succeed.