- OriginClear
sees opportunity in global water-services market focusing on its
closed-loop wastewater systems
- CEO
Riggs Eckelberry discusses opportunities in the Middle East, Europe, India
and domestic markets, calling company a “stunning opportunity” for large
investors
- Riggs
cites OriginClear’s success in Bakersfield, California, through licensee
ECT Services & Solutions
OriginClear
Inc. (OTC: OCLN) CEO Riggs Eckelberry described his company’s
expectations for an “amazing year” in 2020 in a recent teleconference.
Additionally, Eckelberry told MoneyTV host Donald Baillargeon
that the company presents a “stunning opportunity” for large investors (http://ibn.fm/7XpbG). “We’re
locking down on what I think is going to be an amazing year next year,”
Eckelberry said in the interview. The company has been leading the global water
movement, making significant strides in empowering partners around the world in
their search for water independence.
During the teleconference, Eckelberry updated listeners on
OriginClear’s progress worldwide regarding installations and opportunities with
partners and licensees. The CEO specifically mentioned OriginClear’s Modular
Water Systems™, Progressive Water Treatment, and proprietary Electro Water
Separation™ products. Eckelberry also discussed his recent television interview
and provided an update on the company’s global initiatives, focusing on
OriginClear’s agreement to enter a joint venture to develop a demonstration
unit in the Permian Basin in the Middle East.
OriginClear licenses its technology worldwide and is
building a network of customer-facing water brands to expand its global market
presence. The company is also working to identify next-generation
water-recycling systems, such as its Instant-Infrastructure™ concept. The
company’s mission is to help return water to its original and clear condition,
focusing on closed-loop systems, which operate independently without the need
for manual input. This empowers independent partners to take control of their
own water management without the need for technical operating expertise.
Additionally, OriginClear can improve the environmental, social and governance
(ESG) ratings of clients through improved water management – a critically
sought-after designation in today’s business world.
Eckelberry referred to OriginClear’s progress worldwide and
its interest in licensee companies such as Aqua D&P in Romania and Depuporc
in Spain, as well as Permionics, its partner in India. He also reviewed the
company’s success in Bakersfield, California (http://ibn.fm/55WnN), and discussed opportunities in
Houston, Texas.
In addressing the growth of OriginClear, Eckelberry
discussed possible acquisitions in the future. “We are continuing to make
progress on the acquisition line,” he said. “More people are showing up or want
to do it. We can create an offering for the specific purpose of funding these
acquisitions, and that, of course, is asset based.”
In its 10-Q SEC filing, OriginClear also specified its
acquisition opportunities. “OriginClear is seeking to acquire companies to help
industrial water users treat their water themselves, and often reuse it. We
believe that assembling a group of water-treatment companies is an opportunity
for significant growth and increased company value for the shareholders,” the
filing noted.
OriginClear deploys advanced technologies as a leader in the
self-reliant water revolution. The company offers point-of-use modular and
prefabricated systems that create durable assets and water independence.
OriginClear leads a megatrend of businesses that are treating their own water with
on-premise systems enabling high purification and recycling levels.
For more information, visit the company’s website at www.OriginClear.com
NOTE TO INVESTORS: The latest news and updates
relating to OCLN are available in the company’s newsroom at http://ibn.fm/OCLN
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