8-K
BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
WASHINGTON,D.C. 20549
FORM8-K
CURRENTREPORT
Pursuantto Section 13 or 15(d) of the
SecuritiesExchange Act of 1934
May14, 2020
Date of Report (date of earliest event reported)
BIONENVIRONMENTAL TECHNOLOGIES, INC.
Exact name of Registrant as Specified in its Charter
| Colorado | 000-19333 | 84-1176672 |
|---|---|---|
| State<br> or Other Jurisdiction of Incorporation | Commission<br> File Number | IRS<br> Employer Identification Number |
Box566/1774 Summitview Way
Crestone,Colorado 81131
Address of Principal Executive Offices, Including Zip Code
(212)758-6622
Registrant's Telephone Number, Including Area Code
Notapplicable
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<br> Symbol | Name of each exchange on which registered |
|---|---|---|
| Common<br> Stock | BNET | OTC QB |
ITEM7.01 REGULATION FD DISCLOSURE.
On May 14, 2020, the Company issued a press release titled ‘Bion Receives OMRI Listing for USDA National Organic Program-CompliantFertilizer Product’ which has been placed on the Investor page of the Company's website.
ITEM9.01 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<br><br> <br>Number | Description |
|---|---|
| 99.1 | Press Release titled 'Bion Receives OMRI Listing for USDA National Organic Program-Compliant Fertilizer Product' |
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: May<br> 18, 2020 | By:<br> /s/ Mark A. Smith<br><br> <br>Mark<br> A. Smith, President |
Exhibit 99.1
Bion Receives OMRI Listing for USDA National OrganicProgram-Compliant Fertilizer Product
May 14, 2020. New York. New York. Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of advanced livestock waste treatment and resource recovery technology, announced that it has received notice from the Organic Materials Review Institute (OMRI) that Bion’s 0.5% ammonium bicarbonate solution “is Allowed with Restrictions for use in compliance with the USDA National Organic Program.”
Craig Scott, Bion’s director of communications, stated, “Our first OMRI listing comprises an ammonium bicarbonate solution that is extracted from livestock waste in a non-synthetic manner, consistent with National Organic Program (NOP) standards and policies. This represents a significant milestone for Bion and the development of our third generation (3G) technology. The $40 billion organic industry is the fastest growing segment of U.S. agriculture and the reason behind our 3G technology development.
Our patented evaporative-distillation process offers several product options. Over time, we anticipate we will develop additional NOP-compliant fertilizer product lines from the 3G platform and will submit further product applications to OMRI.”
____________________________________________
Bion provides comprehensive treatment and resource recovery for animal waste from 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. The platform simultaneously improves resource and operational efficiencies through the production of renewable energy, high-value coproducts and sustainable branding opportunities. For more information, see Bion’s website, www.biontech.com.
This material includes forward-looking statementsbased on management's current reasonable business expectations. In this document, the words ‘anticipate’, ‘will’,and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private SecuritiesLitigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertainties that couldresult in actual results differing materially from expected outcomes.
Contact Information:
Craig Scott
Director of Communications
303-843-6191 direct