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
February3, 2021
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 |
9 East Park Court
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))
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 February 3, 2021, the Company issued a press release entitled “Bion Announces Core Optimization Trials Complete” 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 Announces Core OptimizationTrials Complete”. |
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: February<br> 4, 2021 | By:<br> /s/ Mark A. Smith<br><br> <br>Mark<br> A. Smith, President |
Exhibit 99.1
Bion Announces Core Optimization Trials Complete
February 3, 2021. New York. New York. Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of patented waste treatment technology incorporated within a business model focused on the production of branded sustainable livestock products in the beef, pork, and other sectors, announced it has concluded the core optimization testing of its third generation (3G) technology platform.
Completion of the 3G core optimization trials has resulted in further increases in system efficiencies and performance and opens the way for the design and implementation of a commercial scale 3G platform at a livestock production site. Bion has been in discussions with several potential production partners across multiple animal species.
Craig Scott, Bion’s director of communications, stated, “While we will continue to optimize the system as opportunities arise, we can now move forward with final design and engineering for our initial full scale 3G commercial system. In addition, we anticipate subsequent product filings with OMRI (Organic Material Review Institute) in the near future.”
_____________________________________________
Bion’s patented third-generation technology was designed to largely eliminate 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 livestock industry, the environment, and the consumer. 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(s)’, ‘willbe', ’believe’, ‘expect(s)’ and similar expressions identify certain forward-looking statements. Thesestatements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, asamended. 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