SOURCE: BioCentric Energy Holdings, Inc.

BioCentric Energy Holdings, Inc.

December 11, 2009 14:47 ET

BioCentric Holdings Shareholder Update

SAN JUAN CAPISTRANO, CA--(Marketwire - December 11, 2009) - BioCentric Energy Holdings, Inc (PINKSHEETS: BEHL) today issued the following updates:

BEHL has been reevaluated by Pinksheets and deemed to have qualified for the removal of "Caveat Emptor." The initial steps in that process are to remove "Caveat Emptor," replace that status with "Limited Information" and finally we are informed that by Monday, BEHL will be under the "Current Information" category. We would like to thank Frank Rawson, CFO of BEHL, for his tenacity in making this come to fruition. Also, we would like to thank Mike from Pinksheets for working diligently with the BioCentric Energy team to validate the removal of the "Caveat Emptor."

The Annual Shareholders meeting for BEHL will be held on Wednesday, February 24th in Las Vegas, Nevada at the Monte Carlo Hotel and Casino. Following the shareholders meeting (also at the Monte Carlo) on February 25th and 26th, is the NAA (Nation Algae Association) West Coast workshop.

Dennis Fisher, President of the NAA, West Coast Chapter, will be hosting this event. We would like to invite all shareholders to enjoy the entire conference at a discounted admission fee and discounted hotel room rate. Information for this workshop will be posted on the BioCentric Energy website next week. The show will entail a multitude of topics from innovative algae growing systems, current technologies and investment opportunities.

Dennis Shen and team have completed the scaled down version of BioCentric's commercialized Closed-Loop Photobioreactor System, The Algae Culturing Station, The Wall and The BioCentric Eye Monitoring System. These products will be available for purchase and posted on both the BioCentric Energy website and the National Algae Association website in the coming weeks.

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Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as BEHL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook objectives, plans, intentions or goals also are forward-looking statements.

All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

Contact Information

  • Investor Relations:
    Dale Baeten
    Office: 920-273-7941