UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
March 1, 2011
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Date of Report (date of earliest event reported)
BION ENVIRONMENTAL TECHNOLOGIES, INC.
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Exact name of Registrant as Specified in its Charter
Colorado 000-19333 84-1176672
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State or Other Jurisdiction Commission File IRS Employer Identification
of Incorporation Number Number
Box 566/1774 Summitview Way, Crestone, Colorado 81131
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Address of Principal Executive Offices, Including Zip Code
(212) 758-6622
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Registrant's Telephone Number, Including Area Code
Not applicable
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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))
ITEM 7.01 REGULATION FD DISCLOSURE.
On March 15, 2011, the Company issued an "operational update" press
release regarding the construction and start-up of its Kreider Farms #1
project. The press release and related photos have been posted on our
websites: www.biontech.com and www.bionpa.com.
ITEM 8.01 OTHER EVENTS.
On March 5, 2011 the Company executed a five year employment agreement
with James Morris, the Company's Chief Technology Officer. A copy of the
agreement(without exhibits) is attached hereto as Exhibit 10.1.
On March 1, 2011 the Company executed a two year employment agreement
with John R. Grabowski who joins the Company as a Director of Business
Development. A copy of the agreement (without exhibits) is attached hereto
as Exhibit 10.2.
On March 8, 2011 the Company entered into a Clarification Agreement with
Kreider Farms (copy attached hereto as Exhibit 10.3).
ITEM 9.01 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 No. Description
10.1 James Morris Employment Agreement*
10.2 John R. Grabowski Employment Agreement*
10.3 Kreider Farms Clarification Agreement*
99.1 Operational Update Press Release re Kreider Farms System
(& other matters) (dated March 15, 2011)*
* Filed electronically herewith.
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: March 16, 2011 By: /s/ Mark A. Smith
Mark A. Smith, President