BioCentric Energy Founder Provides Important Shareholder Updates
31 August 2010 - 2:37AM
BioCentric Energy Holdings, Inc. (Pink Sheets:BEHL) Founder and
Chairman of the Board, Dennis Fisher, today announced the following
information: Mr. Fisher stated, "This week the BioCentric Team here
in Santa Ana have assembled most of the first two quarter acre
installs for Death Valley Junction and will have everything
completed and delivered to DVJ by Wednesday. Six Team Members
and myself will be executing the install under the stars to avoid
the scorching desert rays ... and we have learned how to do it
right the first time from the lessons learned here in Santa
Ana. Our target date for the first half acre operational is
next Friday. The introduction of the inoculums is scheduled
for September 15th."
"Under the supervision of Domini Maddox, our resident Algae
Specialist, the full scale Photobioreactor here in Santa Ana will
be sterilized this week for the introduction of Haematococcus
pluvialis for our first commercialization. The PLC controlled
PBR will enable our system to conservatively produce thirty pounds
dry weight biomass a week."
"To raise additional capital for the ongoing commercialization
of our advanced closed loop Photobioreactor System we have
increased our Authorized Shares to two billion to provide
options. It is the goal of this organization to earn our way
into profit; however, we have already been educated as the
difference between intent and ability. As has always been my
pledge to our shareholders and supporters of BEHL… I will not take
a paycheck nor liquidate a single share from my family's trust
until we become profitable, which I believe will be by second
quarter 2011. I also wanted to make it clear that I am committed to
at least the next two years devoted to my personal participation of
the success in BEHL."
"BNPD (Pink Sheets:BNPD) President Dan Kennedy unveiled the
first of three products utilizing BEHL's Client Photobioreactor in
Death Valley Junction and the working Santa Ana PBR: VITAMIN X
with 20 mg of Astaxanthin from Haematococcus pluvialis. The
bottling solution will be delivered from a boutique company in
Pahrump Nevada with FDA approval and over 150 private label
clients."
"The primary candidate for CEO for BEHL has accepted an interim
position of Consultant to assist in our efforts towards
profitability. This mutually beneficial relationship shall
commence upon final signatures of the contract which is anticipated
by week's end."
"The efforts of Monique Berry cannot go without acknowledgement
for her contributions to the development of BEHL, and the
BioCentric Energy's open house last Saturday, August 21,
2010 at the Company's headquarters in Santa Ana,
California. The event was a tremendous success. Potential
clients, potential associations, shareholders, and supporters
enjoyed a well orchestrated event that Monique and our crew were
demonstrating the caliber of themselves. Well done Team."
The BioCentric Energy Holdings, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7468
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.
CONTACT: BioCentric Energy Holdings, Inc.
Dennis Fisher, Founder and Chairman of the Board
714-966-1234
www.biocentricenergy.com
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