BioCentric Energy Holdings, Inc. Shareholder Update
December 21 2009 - 6:00AM
Marketwired
BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) today issued
the following Shareholder and Investor updates:
Company President Dennis Fisher today announced, "The transition
to the new Corporate Facility in Santa Ana, California from San
Juan Capistrano is almost fully completed. We expect to be
administratively fully operational by the first week of January
2010. We have received delivery of the first run of our (patent
pending) plastic corners for use in the production of the second
generation 'Algae Pro Closed Loop Photobioreactor System' of which
we hope to start construction in early January. The exclusive newly
designed flexible durable tubing for the system is currently in
production in Southern California and should arrive here by mid
January. The targeted completion of the first test system is mid
February 2010."
The company has modified the merger agreement with corporate
ally "Renewed World Energies," based in Georgetown, South Carolina
to that of a Joint Venture (JV) agreement. Mr. Fisher commented,
"The terms of the JV agreement are more realistic to work with from
a Geographic standpoint at this time. Simultaneously with the
construction of the Santa Ana, California closed loop system, the
companies will be constructing a BioCentric second-generation
closed loop system at Renewed Energies' Georgetown facility. The
simultaneous production and completion of both systems is designed
to expedite the scientific research for new ALGAE strains along
with the expedited production of the existing orders. Both
companies are currently working together to finalize the new Omega
3 with EPA ALGAE strain."
Mr. Fisher further commented, "On a more personal and
shareholder orientated note, after many months of administrative
document research, PinkSheet filings and a significant amount of
fees the company has finally been able to have the 'Caveat Emptor'
removed from the PinkSheets company Information website. This is,
to say the least, a relief for both BioCentric and its
shareholders."
VOD Newswire Video Format:
http://vodnewswire.com/vodnewswire/news/biocentric-energy-20091221/
IMPORTANT LINKS
http://www.biocentricenergy.com
http://www.rwenergies.com
http://www.advancedbiofuelsworkshop.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.
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BioCentric Energy Holdings, Inc. Investor Relations: Dale Baeten
Office: 920-273-7941
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