SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 of 15(d) of the
Securities Exchange Act of 1934
August 18, 2007
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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
641 Lexington Avenue, 17th Floor, New York, NY 10022
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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
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 8.01 OTHER EVENTS
On August 18, 2007, Bion Environmental Technologies, Inc. ("Bion")
entered into a Letter of Intent with Evergreen Farms, Inc. ("Letter of
Intent") related to a Bion microaraerobic animal waste treatment system at
Evergreen Farms, a 3,000-head dairy operation near Spruce Creek, Huntingdon
County, Pennsylvania (the "System"). Construction of any such System is
subject to contingencies including execution of a binding agreement between
Bion and Evergreen Farms upon terms which have not yet been negotiated.
Pursuant to the Letter of Intent, Bion intends to conduct initial planning on
the project, which will include a site survey and preliminary engineering.
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
9.1 Letter of Intent dated August 18, 2007 between Bion Environmental
Technologies, Inc. and Evergreen Farm, Inc.
9.2 Press Release dated August 22, 2007.
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: August 22, 2007 By: /s/ Mark A. Smith
Mark A. Smith, President