BioCentric Energy Releases Projected Revenues for Company's DVJ Five Acre Site
19 Octubre 2010 - 1:23PM
BioCentric Energy Holdings, Inc. (Pink
Sheets:BEHL)
COB, Dennis Fisher provided the following
Projected Revenues for the Company's Five Acre Site in Death Valley
Junction, California.
Management has released the following projections: The following
calculations relate to the Company's specific location at DVJ, in
Southern California.
Projected Production Value of
Astaxanthin per week: |
|
Gallons of Water per One (1) Acre PBR |
148,900 |
Ounces of Algae Extracted per Gallon of Water
in a one week period |
X 0.03128 |
Total System Capacity of Ounces of
Algae Extraction per week |
4,658 |
|
|
Number of Ounces in One (1) Pound |
/ 16 |
Total Algae Biomass Weight in Pounds
per week |
291.10 |
Pounds in Kilograms |
/ 2.2 |
Value of Biomass per Kilogram |
X 341.00 |
Total Production Value of
Biomass per Week |
$45,120.42 |
|
|
PROJECTED NET REVENUE FROM
PBR SYSTEMS : |
|
Number of Operating Acres (5 Acre
Increments) |
5 |
Operating Days per Year |
330 |
Operation in weeks |
46.42 |
Gross Projected Yearly
Revenue |
$10,472,450. |
Projected Fixed and Variable Costs @
60% = |
$6,283,470. |
|
|
Projected First Net Revenue from 5
acres in one year = |
$4,188,980. |
Today the Santa Ana Algae Team prepared and forwarded two
BioCentric Haematococcus product samples (one stressed, and one in
replication phase) to the University of Utah for third party
analysis. The results will be shared with Dr. Melis at UC
Berkley for review and possible enhancement procedures. The
Algae Team has also been constructing the inoculant for transport
to Death Valley and simultaneously has begun the water refinement
process for Number One CAB (Control Algae Basin) in Death
Valley. Next week the Team will introduce the entire nutrient
base and then hourly monitor for contamination. Optimum performance
of no contamination will result in the introduction of the
inoculant by the end of next week. The Algae Ventures
Extractor is being transported to Death Valley for hook up also by
the end of next week.
Founder and Chairman of the Board, Dennis Fisher, stated, "I am
personally indebted to all the government agencies, both in
Victorville and Independence, for their contributions to our
site. Their assistance has been nothing short of
remarkable. In this day and age of government problematic
intervention, these officials have addressed any issues we may have
had and assisted us in rectifying them to above California
standards with empathy and a compassion, to create green jobs in
the desert. If I had not been a participant with all the
communications, I too would have had a hard time believing what
true benefit these individuals have contributed to our
efforts. Death Valley Junction, with its own unique
challenges, with these officials, is truly a group effort for
common purpose. Thank you."
Beta samples of "Vitamin X" have been delivered to Santa Ana for
several qualified national distributors. The all natural
product is slated for mass production by years end.
The target date for dividend distribution to all shareholders of
BEHL is December 17th, 2010 for the acquisition of BEHL assets by
BNPD (Pink Sheets:BNPD).
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: BEHL
Dennis Fisher, Chairman of the Board
714-966-1234
www.biocentricenergy.com
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