$OCLN In April, Water On Demand announced that it purchased Modular Water’s intellectual property and assets in exchange for 6 million shares of Water On Demand common stock. The assets include an assignment of OriginClear’s existing global master license to the five patents of inventor Daniel M. Early, P.E., who heads Modular Water, and the right to file patents for all additional inventions since 2018, when OriginClear created the unit.

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