BioCentric Update
September 01 2009 - 2:24PM
Marketwired
BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) today announced
the following shareholder information updates:
The company released this week the harvesting video which showed
the final dried ALGAE product which is now ready for conversion to
Bio-Diesel fuel and animal nutritional products. The harvest is now
a daily event at the San Juan Capistrano facility. Additional
equipment has been purchased to accelerate the conversion of raw
materials to dried ALGAE.
Dennis Fisher, President of BioCentric, today commented, "I
would like to clarify that the San Juan facility is primarily our
corporate headquarters and testing facility; the closed loop
photobioreactor systems we are manufacturing on site are in fact
test units for the 10 acre full scale systems the company is
planning to build and operate later this year.
"The ALGAE products produced at the San Juan facility are being
developed for Lab analysis and not for resale; this process will
ensure the full scale systems produce the highest quality ALGAE for
conversion to many all natural products."
OTHER UPDATES:
The company is expected to finalize the agreement this week with
the publicly traded development company.
Contract and licensing talks with Korean municipalities are
still moving forward; announcements are expected shortly.
Contract and Licensing talks with China and surrounding areas
are at LOI stage and are expected to be finalized next month.
The company has made an offer to purchase the San Juan
Capistrano facility from Zion Bank; an announcement is expected
later this month.
Discussions with one of the largest poultry companies in the US
are moving forward as BioCentric has developed an enhanced cost
effective ALGAE strain for poultry foods.
The company has finalized the agreement for the production of a
company owned and operated 10 acre closed loop ALGAE Farm in Death
Valley, Nevada. Production is expected to start later this
year.
The company is currently in the process of negotiating for a 10
acre land parcel within the San Juan Capistrano area for the
production of a company owned and operated ALGAE farm.
An announcement is imminent with the Las Vegas based development
company for a multiple acre licensing agreement for BioCentric's
closed loop ALGAE photobioreactor system.
The company announced the Annual shareholder meeting will be
held on February 24th, 2010 at the Monte Carlo Hotel, in Las Vegas.
The meeting will run concurrently with the annual meeting of the
National Algae Association at the same facility on February 25th
and 26th, 2010.
Relevant Links & Articles
www.biocentricenergy.com
www.biocentricenergyalgae.com
www.iimsam.org
About BioCentric Energy Holdings
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.
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.
VOD Newswire Video Format:
http://vodnewswire.com/vodnewswire/news/biocentric-energy-20090901/
Add to Digg Bookmark with del.icio.us Add to Newsvine
Investor Relations, Contact: Dale Baeton BioCentric Investor
Relations Office: 920-273-7941
Biocentric Energy (CE) (USOTC:BEHL)
Historical Stock Chart
From Mar 2024 to Apr 2024
Biocentric Energy (CE) (USOTC:BEHL)
Historical Stock Chart
From Apr 2023 to Apr 2024