Bion Environmental Technologies Inc. (BNET) news stock charts
Bion Environmental Technologies Inc. (BNET/BNET.OB) Investment Summary:
Bion Environmental Technologies, Inc., through its subsidiaries, focuses the development of its waste management technology, which provides environmental solutions to agriculture industry in the United States. It provides solutions for environmentally sound clean-up of the waste streams of large-scale animal farming operations (confined animal feeding operations), such as dairy, cattle feedlot, and hogs for integration of renewable energy production, ethanol production, animal husbandry, and organic soil/fertilizer and feed production. The company was founded in 1987 and is based in New York, New York.BION ENVIRONMENTAL TECH INC (BNET:OTC Bulletin Board Market)
Snapshot of BION ENVIRONMENTAL TECH INC (BNET)
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OPEN
$2.05
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PREVIOUS CLOSE
$2.11
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DAY HIGH
$2.05
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DAY LOW
$2.00
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52 WEEK HIGH
10/7/09 - $2.77
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52 WEEK LOW
05/1/09 - $0.76
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MARKET CAP
25.4M
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AVERAGE VOLUME 10 D
3.5K
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EPS TTM
$-0.26
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SHARES OUTSTANDING
12.7M
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BNET Does Not Pay Dividends
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P/E TTM
--
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Key developments for BION ENVIRONMENTAL TECH INC (BNET)
Bion Environmental Technologies Inc. announced that it has submitted a revised Water Quality Management PART II permit application for its Kreider Farms project to the Pennsylvania Department of Environmental Protection (PA DEP) Southcentral Regional Office. The revised permit, when approved, will enable the modification of an existing large concrete manure storage structure to serve as the Bioreactor in the Bion system. The Bioreactor is the part of the system where the livestock waste is first exposed to dense populations of naturally-occurring bacteria whose primary purpose is to quickly stabilize the nitrogen in the waste to prevent its volatilization as ammonia to the atmosphere. Bion and others believe that a very substantial amount of the nitrogen being delivered to the Chesapeake Bay is through volatilization and subsequent re deposition of livestock waste-derived ammonia, which then becomes part of the nitrogen load delivered to the Chesapeake Bay through stormwater runoff. While converting the existing concrete tank to accommodate the Bioreactor system plans, Bion will complete the final design and submit a full Water Quality Management PART II permit application for the rest of the proposed wastewater treatment system. Since the Bioreactor will be receiving waste during the construction and installation of the rest of the system components, this will allow time for the dense biological populations utilized by Bion's patented waste treatment process to develop, saving two to three months of startup time. The company has provided additional data to the PA DEP with respect to Bion's technology as well as expert third-party opinions concerning the predicted behavior of nitrogen from the moment it is voided by the animal, to its application to cropland as fertilizer, to its ultimate journey to the Chesapeake Bay.
Bion Environmental Technologies Inc. in a filing with the Securities and Exchange Commission said that the company will require additional capital. The company said, While there are no assurances that the Company will be successful in its efforts to develop and construct its Projects and market its Systems, it is certain that the Company will require significant funding from external sources. Given the unsettled state of the current credit and capital markets, there is no assurance the Company will be able to raise the funds it needs on reasonable terms.
Bion Environmental Technologies Inc. announced that effective October 1, 2009, Jere Northrop, a founder of the Company approximately 20 years ago, resigned his position as a Director of the Company. Mr. Northrop, age 67, will be available to provide consulting services to the Company on an 'as requested' basis through December 31, 2010.
Bion Environmental Technologies Inc. financial resources
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Industry Analysis
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BNET transactions
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Private Placement
November 20, 2009 |
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More Recent Financial News About Bion Environmental Technologies Inc.
BION ENVIRONMENTAL TECHNOLOGIES INC Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements
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Bion Submits Revised Phase 1 State Permit Application for Dairy Waste Treatment Project at Kreider Farms
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/ CORRECTION - Southwest Investment Association (SWIA) Announces Presenting Companies for Saturday, September 19th Capital Conference at the Westin Stonebriar in Frisco, TX
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Bion Announces Community Support of Upstate NY Integrated Beef Finishing and Biofuel Project
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Clean-Tech Innovator Says Livestock Waste Can Be Bay-Area Farmers' Opportunity, Instead of Leading Source of Pollution
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BION ENVIRONMENTAL TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report
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BION ENVIRONMENTAL TECHNOLOGIES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Read article
Clean-Tech Innovator Says Livestock Waste Can Be Bay-Area Farmers' Opportunity, Instead of Leading Source of Pollution
Read article
BION ENVIRONMENTAL TECHNOLOGIES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Dis
Read article
Bion Announces Community Support of Upstate NY Integrated Beef Finishing and Biofuel Project
Read article
BION ENVIRONMENTAL TECHNOLOGIES INC Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements
Read article
BION ENVIRONMENTAL TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report
Read article
BION ENVIRONMENTAL TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report
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BION ENVIRONMENTAL TECHNOLOGIES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directo
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BION ENVIRONMENTAL TECHNOLOGIES INC Files SEC form 10-K, Annual Report
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BION ENVIRONMENTAL TECHNOLOGIES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Read article