BEHL Shareholder Updates
February 19 2010 - 4:22PM
Marketwired
BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) announced today
the following updates:
BEHL would like to congratulate Renewed World Energies for being
acquired by the publicly traded company, Aventura Equities, Inc.
Now, with both owners of Alta 3 Global being public entities, the
projects executed will have complete disclosure.
The purpose of the Alta3 Global Venture is as follows:
To operate a business related to (i) commercial production of
algae commodities and proprietary products, (ii) marketing and sale
of algae production systems to third Party customers and (iii)
create a marketing distribution channel for the purposes of selling
Joint Venture developed products and services.
In order to create an immediate, sustainable and scalable
revenue stream, each Party to the Joint Venture shall contribute
(i) the relevant and applicable resources and contacts respective
to each Party and (ii) such existing, in development and to be
developed product(s) and expertise directly related to the Algae
Pro Photobioreactor III ("PBR III").
Other news...
As a reminder, the 1st Annual Shareholders Meeting will be held
on February 24th, 2010 at 12:00pm at the Monte Carlo Hotel and
Casino in Las Vegas, Nevada. BioCentric Energy would like to
solicit all questions from shareholders in advance of the
Shareholders meeting so that we may efficiently address all
questions and topics. Please submit your questions no later than
Monday, February 22nd via e-mail to:
marketing@biocentricenergy.com
The purpose of the Shareholder Meeting is to meet our
shareholders, answer questions and to give a detailed synopsis of
where BEHL is now, where we believe we will be six months from now,
and a year from now.
Following the BEHL Shareholders Meeting is the National Algae
Association (NAA) West Coast Chapter Workshop, of which Mr. Dennis
Fisher is President and event host. For your convenience, the NAA
Workshop will also be held at the Monte Carlo Hotel and Casino in
Las Vegas, February 25th - 26th; Time: 8:00a.m.
The "corners" for the Algae Pro Photobioreactor (180 degree
turns) have passed through US Customs from China, and were
delivered today to 2400 South Garnsey in Santa Ana. The offloaded
total of 1,168 "corners" represents approximately 3.5 acres of the
Algae Pro Photobioreactor farm.
View this release in video format:
http://www.vodnewswire.com/vodnewswire/news/biocentric-energy-20100219/
In combination with the BEHL enhancements, the Algae Ventures
Harvester Version II is complete and will be delivered by BECO Labs
to BEHL today. Renewed World Energies is adding their enhancements
into the version II blueprints so that BECO may begin building
Version III next week. The expected completion date is the second
week in March.
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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Contact: Monique Berry Executive Vice President BioCentric
Energy 714-966-1234
Biocentric Energy (CE) (USOTC:BEHL)
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