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
July 17, 2021
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 |
PO Box 323
Old Bethpage, New York 11804
Address of Principal Executive Offices, Including Zip Code
516-586-5643
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))
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ITEM 7.01 REGULATION FD DISCLOSURE.
On July 19, 2021, the Company has placed on the Investor page of the Company's website a press
release titled “Bion Website and Email Compromised”.
On July 20, 2021, the Company has placed on the Investor page of the Company's website a press
release titled “Bion Announces Agreement with University of Nebraska-Lincoln for Field Corn Trial using AD Nitrogen Fertilizer”.
ITEM 8.01 OTHER EVENTS.
On Saturday morning, July 17, 2021, our website domain – biontech.com – and email services were compromised and disabled.
No shareholder, sensitive or confidential information was available to be breached.
While these issues are being resolved, Bion Environmental Technologies, Inc. has temporarily moved our website (and email) to a new domain: bionenviro.com. Website access is now www.bionenviro.com.
To send emails to Bion personnel, use the same name identifier previously used, but in the address, substitute ‘bionenviro.com’ for ‘biontech.com’.
For example, cscott@biontech.com (no longer functional) will now be cscott@bionenviro.com and mas@biontech (no longer functional) will now be mas@bionenviro.com.
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.
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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: July 20, 2021 | By: /s/ Mark A. Smith Mark A. Smith, President |
Exhibit 99.1
Bion Website and Email Compromised
July 19, 2021. New York. New York. Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of advanced livestock waste treatment technology that largely mitigates environmental impacts while recovering high-value coproducts, announced that its website domain – biontech.com – and email services were compromised and disabled over the weekend. No shareholder, sensitive or confidential information was available to be breached.
While these issues are being resolved, Bion has temporarily moved its website (and email) to a new domain: bionenviro.com. Website access is now www.bionenviro.com. To send emails, use the same name identifier, but in the address, substitute ‘bionenviro.com’ for ‘biontech.com’. For example, cscott@biontech.com will now be cscott@bionenviro.com.
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Bion’s patented third-generation technology was designed to substantially reduce the environmental impacts of large-scale livestock production and deliver a USDA-certified sustainable product to the consumer. The platform simultaneously recovers high-value coproducts and renewable energy that increase revenues. Bion’s 3G tech platform can provide a pathway to true economic and environmental sustainability with ‘win-win’ benefits for at least a premium sector of the $200 billion U.S. livestock industry, the environment, and the consumer. For more information, see Bion’s website, www.bionenviro.com.
This material includes forward-looking statements based on management's current reasonable business expectations. In this document, the words ‘anticipates’, ‘similar’, 'will', 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
Exhibit 99.2
Bion Announces Agreement with University of Nebraska-Lincoln for Field Corn Trial using AD Nitrogen Fertilizer
July 20, 2021. New York. New York. Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of advanced livestock waste treatment technology that largely mitigates environmental impacts while recovering high-value coproducts, announced it has executed an agreement with University of Nebraska-Lincoln (UNL) to study the agronomic performance of Bion’s biobased ammonium bicarbonate fertilizer, AD Nitrogen, on field corn.
UNL’s Department of Agronomy and Horticulture will establish a research station trial with the following objectives:
- | Determine the effect of ammonium bicarbonate (AB) on corn yield in comparison to current organic and conventional fertilizers (AB, composted manure, urea, AB + composted manure) |
- | Measure differences in nitrogen mineralization and plant uptake among different nitrogen fertilizers and application rates |
Planning, design, and preparation for the study will commence this fall. Planting will coincide with the normal corn growing season in spring 2022. Bion’s AD Nitrogen will be applied as a mid- to late-season nitrogen fertilizer, following an initial fertilizer application of manure, as is customary practice.
AD Nitrogen is recovered from livestock waste in Bion’s patented third generation (3G) livestock waste treatment technology platform, which captures and stabilizes the ammonia that volatilizes from animal waste. Today, a tremendous amount of nitrogen is lost through ammonia emissions from livestock waste, which mostly bypass traditional best management practices (BMPs) that are designed to capture nutrients and prevent runoff that fuels algae blooms and contaminates groundwater. Stabilizing and upcycling this nitrogen will prevent these downstream impacts, that US EPA calls one of the greatest water quality problems in America today, as well as recapture its lost value.
Ammonium bicarbonate has a long history of use as a commercial synthetic fertilizer, although its use was phased out years ago in favor of cheaper alternatives, such as urea. Bion’s initial fertilizer product, a liquid ammonium bicarbonate solution, was approved by the Organic Materials Review Institute (OMRI) in May 2020 for an OMRI Listing, allowing for its use in organic production. In May 2021, Bion submitted a new application to OMRI, seeking an OMRI Listing for AD Nitrogen, a crystallized (solid) ammonium bicarbonate/ ammonium carbonate, recovered in its 3G platform.
Craig Scott, Bion’s director of communications, stated, “We are eager to work with UNL to begin this important next phase in commercializing our 3G technology platform. This will be the first of several anticipated trials of our AD Nitrogen in various crop applications, but we are particularly focused on this one as it relates to our sustainable and organic beef opportunity.”
____________________________________________
Bion’s patented third-generation technology was designed to substantially reduce the environmental impacts of large-scale livestock production and deliver a USDA-certified sustainable product to the consumer. The platform simultaneously recovers high-value coproducts and renewable energy that increase revenues. Bion’s 3G tech platform can provide a pathway to true economic and environmental sustainability with ‘win-win’ benefits for at least a premium sector of the $200 billion U.S. livestock industry, the environment, and the consumer. For more information, see Bion’s website, www.bionenviro.com.
This material includes forward-looking statements based on management's current reasonable business expectations. In this document, the words ‘anticipates’, ‘similar’, 'will', 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
cscott@bionenviro.com