0001079973-19-000440.txt : 20190802 0001079973-19-000440.hdr.sgml : 20190802 20190802062902 ACCESSION NUMBER: 0001079973-19-000440 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20190801 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20190802 DATE AS OF CHANGE: 20190802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BION ENVIRONMENTAL TECHNOLOGIES INC CENTRAL INDEX KEY: 0000875729 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870] IRS NUMBER: 841176672 STATE OF INCORPORATION: CO FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19333 FILM NUMBER: 19994381 BUSINESS ADDRESS: STREET 1: C/O BOX 566 STREET 2: 1774 SUMMITVIEW WAY CITY: CRESTONE STATE: CO ZIP: 81131 BUSINESS PHONE: (212) 758-6622 MAIL ADDRESS: STREET 1: C/O BOX 566 STREET 2: 1774 SUMMITVIEW WAY CITY: CRESTONE STATE: CO ZIP: 81131 FORMER COMPANY: FORMER CONFORMED NAME: RSTS CORP DATE OF NAME CHANGE: 19930328 8-K 1 bion_8k.htm FORM 8-K

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

August 1, 2019

Date of Report (date of earliest event reported)

 

BION ENVIRONMENTAL TECHNOLOGIES, INC.

Exact name of Registrant as Specified in its Charter

 

Colorado   000-19333   84-1176672
State or Other Jurisdiction of Incorporation   Commission File Number   IRS Employer Identification Number

 

Box 566/1774 Summitview Way

Crestone, Colorado 81131

Address of Principal Executive Offices, Including Zip Code

 

(212) 758-6622

Registrant's Telephone Number, Including Area Code

 

Not applicable

Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Securities Act. ☐

 

 Securities registered pursuant to Section 12(b) of the Securities Exchange Act:

 

Title of each class:  Trading Symbol  Name of each exchange on which registered
Common Stock  BNET  OTC QB

 

 

 

 

 
 

 

ITEM 7.01 REGULATION FD DISCLOSURE.

 

On August 1, 2019, the Company issued a press release titled ‘Bion Issues 2019 Mid-Year Update and Outlook ’ which has been placed on the Investor page of the Company's website together with the 2019 Mid-Year Update and Outlook.

 

ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS.

 

(a)       Financial Statements of Businesses Acquired

 

Not Applicable.

 

(b)       Pro Forma Financial Information

 

Not Applicable.

 

(c)       Shell Company Transactions

 

Not Applicable.

 

(d)       Exhibits.

 

Exhibit

Number

 

 

Description

     
99.1  

Press Release titled ‘Bion Issues 2019 Mid-Year Update and Outlook’ (August 1, 2019).

 

 

 
 

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  BION ENVIRONMENTAL TECHNOLOGIES, INC.
   
   
   
Date:  August 2, 2019

By:  /s/ Mark A. Smith

Mark A. Smith, President

 

 

EX-99.1 2 ex99x1.htm EXHIBIT 99.1

Exhibit 99.1

 

 

 

Bion-EnvTech-R48G105B35

Bion Issues 2019 Mid-Year Update and Outlook

August 1, 2019. New York. New York. Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of advanced livestock waste treatment technology that recovers high-value coproducts from the waste, today released a mid-year update and provided an outlook on the rest of 2019. The report focuses on three key areas:

  1. Policy and Pennsylvania legislation
  2. Technology and co-product development
  3. Kreider 2 and opportunities in the beef industry

The full update can be found on Bion’s website at https://biontech.com/bion-update-and-outlook-august-2019/.

Craig Scott, Bion’s director of communications, stated, “We’ve had an exciting first of half of 2019. The technology trials and piloting have gone very well, with capabilities and efficiencies being closely in line with our expectations. We anticipate further success in our current round of trials in preparation to move forward with projects by the end of 2019.

In Pennsylvania, after a 33-17 victory in the Senate in June, we look forward to the legislators returning from the summer recess so we can finish up in the House. At the break, the legislation was introduced in the House State Government Committee, chaired by Garth Everett, the 2017-18 Chairman of the Chesapeake Bay Commission. With recent statements out of Virginia, Maryland, and the Chesapeake Bay Foundation, real concerns over litigation have sparked a new sense of urgency.

Lastly, Bion’s business model and economics continue to move away from legislative/ policy dependence as we continue to achieve improvements in technology platform efficiencies and associated economics; secure organic certification for our co-products; finalize USDA certification of an environmentally sustainable brand and incorporate blockchain technology to capture value-added pricing by addressing consumer sustainability and food safety concerns. Bion’s mission is to be the leader in providing consumers with sustainable, traceable, third-party verified livestock protein products.”

____________________________________________

Bion provides comprehensive treatment and resource recovery for animal waste from large-scale livestock production facilities. The technology platform achieves dramatic verified reductions in environmental impacts, including nutrients (nitrogen and phosphorus), ammonia, greenhouse and other gases, as well as pathogens in the waste stream, while improving resource and operational efficiencies through the production of valuable coproducts. For more information, see Bion’s website, www.biontech.com.

This material includes forward-looking statements based on management's current reasonable business expectations. In this document, the words ‘anticipate’, ‘to be', ‘outlook’ and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes.

Contact Information:

Craig Scott

Director of Communications

303-843-6191 direct

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