Bion provides the same level of treatment that we provide for human waste. Animal waste is largest source of pollution in the US and it is not regulated. Big problem is nutrients that cause toxic algae blooms and dead zones. Local flavor/ problems. Additional problems from greenhouse gases and odors, pathogens linked to foodborne illnesses and antibiotic resistance. Positioning this company to be bought out at a substantially higher price than it trades today. Inevitable cleanup.
- First in space
- New space. Untapped.
- Proven/accepted technology
- Solves enviro problems
- Substantial economic improvements to industry
- Policies changing now
- Supported by livestock industry
- Federal – ITC – stimulate space/reduce risk/drove wind, solar, biofuels
- State – PA – sanctions starting
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- Market Size – 9M dairy, 80M beef, 62M swine, billions of poultry
- 5% market penetration (beef, swine, layers only) = $1.75B in revenues
- Kreider #’s – 2.5% layers in one place/ $30M in EBITDA/ $40 – 50M CAPEX (less ITC)/A little over 1 year payback
- Existing relationships in beef, swine and layers – Kreider, JBS, National Milk for dairy
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