BioCentric Energy Holdings -- Shareholder Update
14 Juin 2010 - 4:09PM
BioCentric Energy Holdings, Inc. (Pink
Sheets:BEHL)
is pleased to announce the following
shareholder updates:
1) The #1 commercial demo PBR system in Santa Ana has been
sterilized, the PH has been brought back up for maximum
performance, the salinity has been balanced to 27, and the wall
reactor has been drained into #1 – in other words, the system has
been inoculated, and we are now growing our selected strain to
propagate our first commercial system in Southern California
2) BioCentric Energy's President, Monique Berry, has
submitted "A Plan for the State of Utah" for state financial
assistance and incentives to re-locate the Company's headquarters
to Saint George Utah –the anticipated response timeline is within
two months.
3) The Company's IT Manager, Bill Bensley, is completing
the install of three new web cams which will be strategically
located throughout the Santa Ana headquarters to provide a window
for shareholders to view the BEHL Team working towards our goals
and mission.
4) BioCentric Energy's Marla Kennedy will be taking the
additional task of Director of Human Resources for BEHL – Marla's
focus will be to secure additional manpower of returning Veterans
in need of employment for our first system being built in Southern
California – further, it is the desire of management to continue
this payback on future installations for those who have tirelessly
and unselfishly paid for our Country's Freedom.
5) The excavation of our first acre has been completed and was
overseen by BioCentric Energy's Founder and Chairman of the Board
Dennis Fisher and Field Technician, Brendon Paxton. The modular
home has been secured to its new foundation, the water lines have
been completed, and we now await the liners for the next step to
our initial acre install – anticipated delivery time will be within
two weeks.
6) Management has completed the fourth Provisional Patent for
submission to the US Patent office today for "The Algae Pro Closed
Loop Photobioreactor – Version 4" – two additional provisional
patents are being prepared and anticipated completion for
submission is within two weeks.
7) The Company has hired 3 onsite lab technicians who will
support BioCentric Energy's day-to-day functions of culturing the
algae, testing strains, making inoculum, performing dry weights and
many other tasks.
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: BioCentric Energy
Monique Berry
714-966-1234
http://www.biocentricenergy.com
Biocentric Energy (CE) (USOTC:BEHL)
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