BioCentric Energy President Provides Important Shareholder Updates
September 07 2010 - 12:59PM
BioCentric Energy Holdings, Inc. (Pink Sheets:BEHL) President,
Monique Berry provided the following shareholder update:
"The BioCentric Energy technical team spent last week in Death
Valley Junction cleaning the CAB's (controlled algae basins) from
debris, water and mud. The team collaborated with an electric
company to create a trench for the electrical wiring that will
operate the skids and other components. In addition, the team
transported and installed 2 large tanks from Pahrump, Nevada to the
DVJ site. The metal building adjacent to the algae farms was
cleaned and is being prepared to house the laboratory and other
support functions. Following the holiday weekend, the team will
return to Death Valley Junction to work and continue with the
installation. The team will also be transporting two additional
tanks that require permits and a large transportation vehicle. A
building contractor will be on site by Thursday to refurbish BEHL's
modular house that will serve as the Company's office and guest
quarters. The Company will be installing a satellite camera that
can be viewed from any location in the world. Since this is a
client site, access to this live web cam will be limited; however
the client may allow the Company to provide weekly snap shots to
BEHL shareholders."
"On the BEHL sales front, the Company is working to finalize and
close several client contracts this quarter. Such contracts consist
of: Kuehnle (the Hawaiian company), several large client / projects
through BEHL's VAR (value added reseller) Ms. Venus Brightstar and
10+ acres of PBR systems for a Southern California Native American
Indian Tribe. The Company is also in the process of preparing a
$20+ million business plan that will be submitted this week for an
economically challenged State located in the South. More details on
this potential deal will be provided to shareholders as things
progress."
"At the BEHL headquarters, the staff is gearing up for
deployment of large volumes of algae inoculum. The Company's
R&D Manager, Helmut Gass completed the construction of a 250
volume cube last week that will serve as a large algae cultivating
and storage unit. This manual cube is complete with the basic yet
necessary components that will allow the Company to easily test the
pH levels, the temperature and verify the algae growth. After
spending a few short days in the cube, the algae will be
transported into the PBR systems at the BEHL headquarters and the
DVJ site. Mr. Gass anticipates building 2-3 more cubes later this
week that will be used to hold the scale up inoculum for a a
multitude of algae strains. Also back at the BEHL headquarters, the
Company's lab technician, Ms. Judy Quang, is working diligently to
finalize her report on contamination as well as the procedures and
protocols manuals that will be used for training. The procedures
and protocol manuals will be readily handy and required on all BEHL
commercial sites."
"The Company is in the process of cleaning out the large
commercial demo PBR system at BEHL headquarters in Santa Ana,
California. Although cleaning out the PBR is tedious work, the team
is excited and eager to inoculate and grow Haematococcus pluvialis.
This alga strain, (Haematococcus pluvialis), when stressed,
contains the highest levels of the valuable Astaxanthin. The
Company anticipates keeping the live web cam on for shareholders to
view the cleaning, sterilization and inoculation process. However
it may be turned off temporarily if proprietary work is being
performed."
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."
The BioCentric Energy Holdings, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7468
CONTACT: BEHL
Monique Berry, President
714-966-1234
www.biocentricenergy.com
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