Dennis Fisher, CEO and Board Member for BioCentric Energy Holdings, Inc., Provides Additional Updates to Shareholders
May 15 2009 - 5:00AM
Marketwired
BioCentric Energy (PINKSHEETS: BEHL) provides a Shareholder Update:
International
Feedback from the BioCentric Presentation at Algae World 2009 in
Rotterdam -- to date we have received four requests for BCEA to
author MOUs for our minimum 3 acre Algae Pro Photobioreactor
Solution internationally -- success by our standards would be one
of the four going to completed build out.
EcoFuel/Bio Cen -- BioCentric has received information on
patentable environmentally altered algae strains from our Czech
Republic partners to achieve maximum efficiencies -- efforts will
commence next week to draft provisional patents for same.
Conversations with the Chinese are still ongoing, with the last
face-to-face occurring last Monday, and have yet to go to contract
-- within the next few weeks we are informed that a definitive
contract will be authored for our signature -- we'll see.
Grameen Bank/UN -- From our initial proposal, Mr. Mohammed Janus
has requested a White Paper, that we have yet to author, to tie
http://www.iimsam.org with the Grameen Bank to deliver the
BioCentric Energy Algae Pro Photobioreactors to Farmer Co-ops for a
more profitable and nutritious year-round harvest crop in several
third world countries.
National Update
Two colleges have been selected by BioCentric to receive, free
of charge, the Algae Pro Photobioreactor. The reasoning of
management to afford these photobioreactors to these institutions
is for these institutions, in turn, to complete initial groundwork
of ascertaining maximum growth efficiency in each site specific for
each specific strain chosen.
BioCentric Energy has received financing to complete 80% of the
5000 square foot Algae Pro Photobioreactor to be built in Southern
California.
BioCentric Energy has completed the engineering on a key
component which will also be sent to the patent office under the
auspices of a provisional patent as soon as possible.
We are informed by our webmasters that on Monday, the 18th of
May, we will be able to view the completed shopping cart and our
new look on the web -- due to several delays we at BioCentric
believe that completion could possibly occur as late as by the end
of next week.
Dennis Fisher, CEO for BioCentric Energy Inc. (PINKSHEETS:
BEHL), stated today, "These opportunities all require considerable
work to bring online to profitability and are not our number one
priority. Our number one priority is to build our 5000 square foot
closed loop photobioreactor here in So Cal to validate our claims
of productivity, overhead, harvest, and most importantly...
profitability. All other potential alliances, clients, and
associations take a back seat to accomplishing our number one
priority." Mr. Fisher went on to state, "My primary fiduciary
responsibility is to take BioCentric to profitability, and our Team
will do just that... and it all starts with the first 5000."
BioCentric Energy, 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.
Safe Harbor Statement:
Except for historical information contained herein, the matters
set forth above may be forward-looking statements that involve
certain risks and uncertainties that could cause actual results to
differ from those in the forward-looking statements. Words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar
expressions, as they relate to the Company or its management,
identify forward-looking statements. Such forward-looking
statements are based on the current beliefs of management, as well
as assumptions made by and information currently available to
management. Actual results could differ materially from those
contemplated by the forward-looking statements as a result of
certain factors such as the level of business and consumer
spending, the amount of sales of the Company's products, the
competitive environment within the industry, the ability of the
Company to continue to expand its operations, the level of costs
incurred in connection with the Company's expansion efforts,
economic conditions in the industry and the financial strength of
the Company's customers and suppliers. The Company does not
undertake any obligation to update such forward-looking statements.
Investors are also directed to consider all other risks and
uncertainties.
Contact: BioCentric Investor Relations Dale Baeten Investing In
Stock Market, Inc. http://www.investinginstockmarket.net Office:
920-273-7941
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