Bion Environmental Technologies Inc.'s ("Bion," "Company," "We," "Us," or "Our") patented and proprietary technology provides comprehensive environmental solutions to a significant source of pollution in U.S. agriculture: large-scale livestock production facilities (also known as “Concentrated Animal Feeding Operations” or ”CAFOs"). Application of our technology and technology platform can simultaneously remediate environmental problems and improve operational/resource efficiencies by recovering value high-value co-products from the CAFOs’ waste stream that has traditionally been wasted or underutilized including renewable energy, nutrients (nitrogen and phosphorus) and clean water.
Company profile
Ticker
BNET
Exchange
Website
CEO
Dominic Bassani
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
RSTS CORP
SEC CIK
Corporate docs
IRS number
841176672
BNET stock data
Analyst ratings and price targets
Investment data
Securities sold
Number of investors
Calendar
12 May 22
11 Aug 22
30 Jun 23
Financial summary
| Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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| Annual (USD) | Jun 21 | Jun 20 | Jun 19 | Jun 18 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | |
| Cash burn (monthly) | (no burn) | 142.47K | 182.74K | 90.29K | 135.79K | |
| Cash used (since last report) | n/a | 623.08K | 799.2K | 394.87K | 593.85K | |
| Cash remaining | n/a | 2.98M | 2.8M | 3.21M | 3.01M | |
| Runway (months of cash) | n/a | 20.9 | 15.3 | 35.5 | 22.2 | |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 Aug 22 | Anthony Orphanos | Common Stock | Sell | Dispose S | No | No | 1.18 | 5,000 | 5.9K | 296,589 |
| 5 Aug 22 | Anthony Orphanos | Common Stock | Sell | Dispose S | No | No | 1.14 | 11,000 | 12.54K | 301,589 |
| 4 Aug 22 | Anthony Orphanos | Common Stock | Sell | Dispose S | No | No | 1.15 | 7,000 | 8.05K | 312,589 |
| 28 Jul 22 | Anthony Orphanos | Common Stock | Sell | Dispose S | No | No | 0.93 | 10,000 | 9.3K | 319,589 |
| 6 Jul 22 | Smith Mark A | Common Stock | Grant | Acquire A | No | No | 0 | 40,000 | 0 | 324,077 |
| 6 Jul 22 | Smith Mark A | Common Stock | Gift | Dispose G | No | No | 0 | 50,000 | 0 | 284,077 |
| 6 Jul 22 | Smith Mark A | Common Stock | Grant | Acquire A | No | No | 0 | 50,000 | 0 | 334,077 |
| 6 Jul 22 | Smith Mark A | Class Warrants Common Stock | Gift | Dispose G | No | No | 1 | 40,000 | 40K | 0 |
| 6 Jul 22 | Smith Mark A | Class Warrants Common Stock | Grant | Acquire A | No | No | 1 | 40,000 | 40K | 40,000 |
| 6 Jul 22 | Smith Mark A | 2020 Convertible Obligation Common Stock | Grant | Acquire A | No | No | 0.5 | - | 21.5K | - |
Institutional ownership, Q1 2022
0.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1 |
| Opened positions | 0 |
| Closed positions | 1 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 37K |
| Total shares | 42.91K |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Howard Capital Management | 42.91K | $37K |
Financial report summary
?Management Discussion
- Total revenues were nil for both the years ended June 30, 2021 and 2020, respectively.
Content analysis
?| Positive | ||
| Negative | ||
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| Legalese | ||
| Litigous | ||
| Readability |
H.S. senior Bad
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New words:
alliance, altered, assembly, auction, auctioneer, Award, biontech, BNTX, cancelled, CDFA, collaborate, COO, entirety, entity, Exhibit, family, Feedlot, fourth, free, greenwashing, hype, intrinsic, invoice, IOP, jointly, KFIC, Klosterman, Northrop, ratified, retaining, smart, text, thereunder, William, Wise, WUF
Financial reports
Current reports
8-K
Other Events
4 Aug 22
8-K
Regulation FD Disclosure
2 Aug 22
8-K
Regulation FD Disclosure
27 Jul 22
8-K
Bion Announces LOI with University of Nebraska-Lincoln to Collaborate on Integrated Beef Facility
7 Jun 22
8-K
Bion Engages Meat Industry Veteran to Lead Sustainable Beef and Livestock Opportunity
3 May 22
8-K
Material Modifications to Rights of Security Holders
12 Apr 22
8-K
Bion Receives Fourth U.S. Patent on Advanced Livestock Waste Treatment Technology
25 Mar 22
8-K
Entry into a Material Definitive Agreement
1 Feb 22
8-K
Departure of Directors or Certain Officers
4 Jan 22
8-K
Regulation FD Disclosure
16 Dec 21
Registration and prospectus
D
$320K in equity / options, sold $300K, 1 investor
7 Jul 22
D
$300K in equity, sold $300K, 1 investor
29 Mar 21
D
$600K in equity / options, sold $150K, 2 investors
22 Feb 21
D
$900K in equity / options, sold $100K, 1 investor
8 Jan 21
S-8
Registration of securities for employees
22 Sep 20
D
$900K in equity / options, sold $25K, 1 investor
22 Sep 20
D
$600K in equity / options, sold $75K, 3 investors
25 Feb 20
D
$1M in equity / options, sold $10K, 1 investor
21 Aug 19
D
$1M in equity / options, sold $25K, 2 investors
31 May 19
D/A
$1M in equity / options, sold $260K, 3 investors
12 Feb 19
Other
UPLOAD
Letter from SEC
13 Dec 11
CORRESP
Correspondence with SEC
12 Dec 11
UPLOAD
Letter from SEC
8 Dec 11
UPLOAD
Letter from SEC
1 Nov 09
UPLOAD
Letter from SEC
21 Sep 09
CORRESP
Correspondence with SEC
13 Sep 09
CORRESP
Correspondence with SEC
1 Jul 09
UPLOAD
Letter from SEC
8 Jun 09
UPLOAD
Letter from SEC
15 Apr 09
CT ORDER
Confidential treatment order
3 Feb 09
Ownership
4
BION ENVIRONMENTAL / Anthony Orphanos ownership change
10 Aug 22
4/A
BION ENVIRONMENTAL / MARK A SMITH ownership change
18 Jul 22
4
BION ENVIRONMENTAL / Anthony Orphanos ownership change
11 Jul 22
4
BION ENVIRONMENTAL / MARK A SMITH ownership change
8 Jul 22
4
BION ENVIRONMENTAL / Anthony Orphanos ownership change
14 Jun 22
4
BION ENVIRONMENTAL / Anthony Orphanos ownership change
9 Jun 22
3
BION ENVIRONMENTAL / William O'Neill ownership change
12 May 22
4
BION ENVIRONMENTAL / MARK A SMITH ownership change
5 May 22
4
BION ENVIRONMENTAL / Edward T Schafer ownership change
5 May 22
4
BION ENVIRONMENTAL / Dominic Bassani ownership change
5 May 22
Patents
Utility
Process to Recover Ammonium Bicarbonate from Wastewater
21 Jul 22
The present invention is a process, a method, and system for recovery and concentration of dissolved ammonium bicarbonate from a wastewater containing ammonia (NH3) using gas separation, condensation, and crystallization, each at controlled operating temperatures.
Utility
Process to recover ammonium bicarbonate from wastewater
22 Feb 22
The present invention is a process, a method, and system for recovery and concentration of dissolved ammonium bicarbonate from a wastewater containing ammonia (NH3) using gas separation, condensation, and crystallization, each at controlled operating temperatures.
Utility
Smart valve maintenance alert device
13 Jul 21
A smart valve maintenance alert device includes a connection unit, which is connectable to a valve stem of a smart valve.
Utility
Process to recover ammonium bicarbonate from wastewater
5 Oct 20
The present invention is a process, a method, and system for recovery and concentration of dissolved ammonium bicarbonate from a wastewater containing ammonia (NH3) using gas separation, condensation, filtration, and crystallization, each at controlled operating temperatures.
Utility
Process to Recover Ammonium Bicarbonate from Wastewater
12 Aug 20
The present invention is a process, a method, and system for recovery and concentration of dissolved ammonium bicarbonate from a wastewater containing ammonia (NH3) using gas separation, condensation, and crystallization, each at controlled operating temperatures.