Bion CEO Issues Shareholder Letter
From GlobeNewswire: 2025-05-02 13:02:00
Bion Environmental Technologies, Inc. CEO Craig Scott issues letter to shareholders, addressing struggles but expressing optimism for the future. The company’s technology is optimized, with improvements reducing operating costs and increasing reliability. Feedback on fertilizer samples sent out in January has been positive, with plans to enter the grower market in 2026. The company is focused on finding projects to meet fertilizer demand, engaging in discussions and testing in the retail consumer products market. Financial struggles persist, with efforts to raise capital ongoing. Shareholders have provided “life support” funding to avoid dilution. Strategic partnerships are being sought to support growth opportunities.
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