BioCentric Energy Provides Shareholder Update
Posted by pjmurray on June 17, 2010
June 17th 2010, Braintree,Ma. LevelStock.com is pleased to announce to all of its members and investors information on BioCentric Energy (Pink Sheets:BEHL). The Company recently released news as follows:
BioCentric Energy (Pink Sheets:BEHL) is pleased to announce the following Shareholder Update.According to BioCentric Energy’s President, Monique Berry:
- The Company is proud to reveal that the first commercial site is located in Death Valley Junction, California. BioCentric Energy’s Founder and Chairman of the Board, Dennis Fisher returned yesterday from overseeing the final excavation and grading of the land. New roads have been made around the property and waterlines and fences will be installed by the end of the week. The BioCentric Energy staff will be in Death Valley Junction next week to help install the liners that create the CAB (controlled algae basin) that will subsequently house the closed-loop photobioreactor systems. Through the efforts of the Company and its premier client, the historical Death Valley Junction (A Resurrection Farm), will not only produce mass quantities of algae for nutraceutical products (such as Desert Valley Farms LLC, a NV limited liability company), but it will be a part of American history restored. The Company has several clients now interested in deploying PBR systems in Death Valley Junction to produce their own private label nutraceutical products.
- In BioCentric Energy’s staff meeting yesterday, R&D Manager, Helmut Gass showed the team samples of algae that had been visibly separated from water through his proprietary electrolysis system. Mr. Gass has been working diligently to fine-tune the separation process as he explained to all, “Within only 10 seconds I was able to separate a quart of algae sludge from the water. I am very pleased with the results thus far and will be testing large quantities of algae and different strains in the next few weeks.”
- The Company has placed an order for 13+ miles of highly robust plastic tubing that will be used at the Death Valley Junction location. This plastic is a proprietary blend of materials constructed to withstand the high temperatures in Death Valley Junction and other locations. Also, this plastic will serve as a replacement for the plastic tubes in the Company’s commercial demo system located in Santa Ana, California.
- Following the submission of the business plan for the state of Utah, BioCentric Energy will be writing similar plans in the next few weeks targeting states in need of new industries and employment opportunities.
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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