BioCentric Energy Holdings, Inc. Announced Today the Following Company Updates
February 24 2010 - 3:15PM
Marketwired
Today was the first annual BEHL (PINKSHEETS: BEHL) Shareholders
Meeting. The following statement was issued by Dennis Fisher,
Chairman of the Board of BioCentric Energy.
"In the past I have regurgitated what I believed, from
information that was conveyed to me, by those who I bestowed my
faith and trusted in their abilities. I did this... No one else. I
accept full responsibility for not achieving on the dates I
published... I accept full responsibility for allowing others to
manage what I should have. I accept full responsibility to manage
with little or no accountability. For this I accept responsibility
and have tendered my resignation as CEO, but will resume the title
of VP Business Development of BEHL as of April 4th, 2010.
"David Brinkley, the man we all trusted for years with our news,
said once, 'A successful person is one who can lay a firm
foundation with the bricks that others throw at him.'
"I am honored by the tremendous support that so many have given.
I know that our position in our market is secure and expanding by
the efforts of many. I also know my limitations. And I also know my
primary fiduciary responsibility as Chairman of the Board of
Directors is to our shareholders to make the decisions necessary to
increase value.
"Our new CEO is much more qualified than I to execute our
Revised Business Plan and take BEHL to OTCBB and onto NASDAQ. In
the coming weeks, we will disclose our incredible find of personnel
and you will, I am sure, agree in our choice of candidate... in the
interim he has asked his name and credentials be announced upon the
full completion of his prior commitments and obligations which
become effective as of April 2nd, and we have agreed."
Mr. Fisher went on to say that Black Mountain has agreed to
provide the $5 Million financing and the terms and conditions, when
completed, will be filed with the appropriate SEC requirements. Mr.
Fisher also gave a business cap of where BEHL is now and where BEHL
is expected to be in ninety days, in six months and in twelve
months.
Tomorrow, Thursday, February 25th is the National Algae
Association (NAA) West Coast Chapter Workshop. The NAA Workshop
will be held at the Monte Carlo Hotel and Casino in Las Vegas,
February 25th - 26th; Time: 8:00a.m. Tickets are still available at
the door.
View this release in video format:
http://www.vodnewswire.com/vodnewswire/news/biocentric-energy-20100224/
In other news Thirty "corners" for the
Algae Pro Photobioreactor (180 degree turns) have been shipped to
Renewed World Energy in South Carolina for the Biocentric Algae Pro
Photobioreactor III being built there.
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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