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Bee Vectoring Technologies International Inc C.BEE

Alternate Symbol(s):  BEVVF

Bee Vectoring Technologies International Inc. is a Canada-based agriculture technology company. The Company is focused on the control of pests and enhancement of crops and ornamentals through the use of biological controls in a variety of application processes. It has commercialized a patented and patent pending technology specifically designed to utilize bees as natural delivery mechanisms for a variety of powdered mixtures comprised of organic compounds or used products which inhibit or eliminate common crop diseases, while at the same time promoting the growth of the same crops. Its technology, precision vectoring, is completely harmless to bees and allows minute amounts of naturally derived pesticides to be delivered directly to blooms, providing improved crop protection and yield results than traditional chemical pesticides. Its system is comprised of various components, including The Hive & Bees, Vectorpak, Active Ingredients and Deliver Pollen.


CSE:BEE - Post by User

Post by stockwatcher7on Mar 04, 2024 10:53am
64 Views
Post# 35913229

Lots of positive info in MD&A

Lots of positive info in MD&ASeptember 13, 2023 – the Company announced a 196% year-over-year sales growth in the Pacific Northwest blueberry market with the BVT system, with new customers coming on board and over 80% of growers renewing their contracts. The tripling of its business in the Pacific Northwest, with 80% of customers having renewed for another season, was based on the good results from the previous year. In the past year, commercial grower trials in the Pacific Northwest yielded bigger berries utilizing the BVT system, an average of 1.26mm larger diameter berries and 26.67% heavier berries. Customers gained approximately $10,000 per acre in additional revenue which is more than 40 times return on investment (ROI) for growers using the BVT system. Additionally, new customers signed up for the first time this year for initial demonstration trials, which builds potential for increased sales acreages in the next growing season. This business growth happened during a very challenging growing season in the region with the Pacific Northwest experiencing record-breaking rainfall leading into the bloom period, which is a recipe for fungal disease. Previous wet conditions made potential disease exposure high, with bushes vulnerable to disease exposure even before the flowers bloomed. And getting into the sodden fields to apply traditional fungicide sprays was difficult. Having the BVT system in place at the start of blooming helped growers tackle those challenging conditions head-on. As bees pollinated the flowers, they simultaneously deposited BVT’s proprietary Vectorite with CR-7 biofungicide directly into the bloom – treating flowers as soon as they opened and were exposed to the disease.
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