EFDID: 43764EFD: Raw Data

Issuer: BION ENVIRONMENTAL TECHNOLOGIES INC (0000875729) - D

Accession: 0001437904-11-000106 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Sep. 22, 2011
EFD Posted: Aug. 7, 2014
- < edgarSubmission >
  < schemaVersion > X0704 </ schemaVersion >
  < submissionType > D </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0000875729 </ cik >
  < entityName > BION ENVIRONMENTAL TECHNOLOGIES INC </ entityName >
- < issuerAddress >
  < street1 > C/O BOX 566 </ street1 >
  < street2 > 1774 SUMMITVIEW WAY </ street2 >
  < city > CRESTONE </ city >
  < stateOrCountry > CO </ stateOrCountry >
  < stateOrCountryDescription > COLORADO </ stateOrCountryDescription >
  < zipCode > 81131 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > (212) 758-6622 </ issuerPhoneNumber >
  < jurisdictionOfInc > COLORADO </ jurisdictionOfInc >
- < edgarPreviousNameList >
  < previousName > RSTS CORP </ previousName >
  </ edgarPreviousNameList >
  < entityType > Corporation </ entityType >
- < yearOfInc >
  < overFiveYears > true </ overFiveYears >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Mark </ firstName >
  < middleName > A. </ middleName >
  < lastName > Smith </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > Box 566 </ street1 >
  < street2 > 1774 Summitview Way </ street2 >
  < city > Crestone </ city >
  < stateOrCountry > CO </ stateOrCountry >
  < stateOrCountryDescription > COLORADO </ stateOrCountryDescription >
  < zipCode > 81131 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Executive Chairman, President, Chief Financial Officer and Director </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Dominic </ firstName >
  < lastName > Bassani </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > Box 566 </ street1 >
  < street2 > 1774 Summitview Way </ street2 >
  < city > Crestone </ city >
  < stateOrCountry > CO </ stateOrCountry >
  < stateOrCountryDescription > COLORADO </ stateOrCountryDescription >
  < zipCode > 81131 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > CEO </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Jon </ firstName >
  < lastName > Northrop </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > Box 566 </ street1 >
  < street2 > 1774 Summitview Way </ street2 >
  < city > Crestone </ city >
  < stateOrCountry > CO </ stateOrCountry >
  < stateOrCountryDescription > COLORADO </ stateOrCountryDescription >
  < zipCode > 81131 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Secretary and Director </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Edward </ firstName >
  < middleName > T. </ middleName >
  < lastName > Schafer </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > Box 566 </ street1 >
  < street2 > 1774 Summitview Way </ street2 >
  < city > Crestone </ city >
  < stateOrCountry > CO </ stateOrCountry >
  < stateOrCountryDescription > COLORADO </ stateOrCountryDescription >
  < zipCode > 81131 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Executive Vice Chairman and Director </ relationshipClarification >
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Environmental Services </ industryGroupType >
  </ industryGroup >
- < issuerSize >
  < revenueRange > Decline to Disclose </ revenueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06 </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > false </ isAmendment >
  </ newOrAmendment >
- < dateOfFirstSale >
  < yetToOccur > true </ yetToOccur >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > false </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Capital Financial Services, Inc. </ recipientName >
  < recipientCRDNumber > 8408 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 1 North Minot </ street1 >
  < city > Minot </ city >
  < stateOrCountry > ND </ stateOrCountry >
  < stateOrCountryDescription > NORTH DAKOTA </ stateOrCountryDescription >
  < zipCode > 58703 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < value > All States </ value >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 3295375 </ totalOfferingAmount >
  < totalAmountSold > 0 </ totalAmountSold >
  < totalRemaining > 3295375 </ totalRemaining >
  < clarificationOfResponse > The Company is offering existing holders of Series C CPS the right to convert their shares of PS-together with accrued dividends-into shares of the Company's common stock at conversion price of $3 per share. </ clarificationOfResponse >
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 0 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 10985 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse > Licensed broker/dealers will be issued 1 warrant for each 10 shares of common stock received by their investors plus $.01 in cash per share of common stock received by their investors. </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 0 </ dollarAmount >
  </ grossProceedsUsed >
  < clarificationOfResponse />
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > BION ENVIRONMENTAL TECHNOLOGIES INC </ issuerName >
  < signatureName > /s/ Mark A. Smith </ signatureName >
  < nameOfSigner > Mark A. Smith </ nameOfSigner >
  < signatureTitle > President </ signatureTitle >
  < signatureDate > 2011-09-22 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Sep. 22, 2011
EFD Posted: Aug. 7, 2014