A BioCentric Energy spokesperson commented, "This ALGAE farm will be the company's first multiple acre closed loop Photobioreactor system, dedicated specifically to the production of Bio-Diesel fuels. This is a huge advancement for BioCentric energy. The construction company who has asked for a non disclosure at this time operates and leases a large fleet of Diesel trucks and equipment in Nevada who are intent on converting their fleet to 'Green' running pollution free vehicles ahead of the 2010 emissions mandates for commercial diesel engines."
The design and planning process of the ALGAE farm is expected to begin this month, with preliminary plans to start construction of the first segment in October 2009. The completion of the entire ALGAE farm is anticipated to be by January 2010.
Part of the agreement also allows BioCentric Energy Holdings, Inc. to retain the 40% waste that can be used as livestock feed to create further revenue streams for the company.
BioCentric is excited and sees future possibilities of creating a hub for distribution of the Bio-Diesel in the Southwest U.S.
Other company updates
The company has learned that in order to access the unauthorized report on BioCentric issued by Skymark Research yesterday, people were asked for their personal information. As BioCentric did not authorize or endorse a press release from this entity we encourage anyone that may have given information to opt out for the safety of their personal information.
Relevant Links & Articles
About BioCentric Energy Holdings, Inc.
BioCentric Energy Holdings, Inc. is dedicated to the development of new technologies as well as acquiring and fostering companies with innovative technologies designed to provide unique and effective green energy solutions for the 21st century. Along with the cultivation of important relationships and partnerships with synergistic entities, BioCentric Energy has devoted substantial time and effort in research and development in order to bring a range of innovative green alternatives to the marketplace.
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.
VOD Newswire Video Format:
BioCentric Investor Relations