BioCentric Management Negotiates Bulletin Board Exchange Upgrade
July 15 2009 - 6:00AM
Marketwired
BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) today announced
the company is in serious negotiations to upgrade the company from
the Pink Sheets to the Bulletin Board Stock Exchange.
BioCentric President Dennis Fisher today commented, "The company
has recently experienced significant growth and opportunities with
tremendous worldwide support. The major Oil companies have now come
to terms with the almost infinite 'Green alternative fuel'
opportunities which can be achieved from ALGAE-based products, not
only by reducing emissions and pollution to the world's environment
but significantly reducing fuel and environmental plastics costs
worldwide. BioCentric has founded a multiple patent pending low
cost alternative to the world's ALGAE production methods to meet
these needs. Today major Oil companies such as Exxon announced a
$600B investment
(http://article.wn.com/view/WNAT3EF5B31087057728C2EDE8834D7DF997)
into ALGAE research and development as an alternative fuel source
for the 'Green future,' and Dow Chemical's have joined forces with
alternative fuel companies with a similar investment with a view to
achieving similar goals."
Mr. Fisher further commented, "BioCentric has had the remarkable
opportunity to be a pilot developer in this huge upcoming industry,
and along with the support of shareholders and environmentalists
worldwide, the company feels by advancing to the Bulletin Board
exchange the documented growth financial responsibility and
accountability will be readily available to all investors."
BioCentric Energy today activated all systems on the company's
corporate photobioreactor system in San Juan Capistrano,
California. The system is expected to be fully "Green" and
productive within the next ten days. This would be the company's
first full size revenue producing closed loop Photobioreactor
system. Upon completion of this 1800 square foot system, the
company will commence construction of an additional 4500 square
foot unit at the same corporate facility.
Barry Cohen, President of the National ALGAE Association
(www.nationalalgaeassociation.com), when asked for his thoughts of
BioCentric and the onsite Photobioreactor, his comments were,
"BioCentric is the 'Wal-Mart' of the Algae Business...they provide
the most inexpensive solution, by a long shot... they looked at the
business of algae farming and calculated how to make it
significantly less expensive than anyone else...and their ongoing
future developments will continue to hold that lead for the
foreseeable future."
About BioCentric Energy Holdings, Inc.
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.
www.biocentricenergy.com & www.biocentricenergyalgae.com
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
View this release in video format --
http://vodnewswire.com/vodnewswire/news/biocentric-energy-20090715/
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Dale Baeten BioCentric Investor Relations: Office:
920-273-7941
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