$OCLN #BreakingNews May 16, 2023 - OriginClear Pre
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New company presentation envisions additional resources in network management and manufacturing
CLEARWATER, Fla., May 16, 2023--(BUSINESS WIRE)--OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that following the recent transfer of its Modular Water Systems division (MWS or Modular Water) (www.modularwater.com) and the related assets to OriginClear’s subsidiary, Water On Demand, Inc. (WOD or Water on Demand) (www.waterondemand.net), WOD has issued an updated presentation for the 3rd Quarter of 2023, including a roadmap for prospective acquisitions.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230516005561/en/
"As governments are tasked with improving water quality, businesses are doing their part by treating and recycling their own water right on the spot," said Riggs Eckelberry, OriginClear CEO and Chairman of Water On Demand. "This fast-growing trend requires two things: scaled-down technology, and capital. By uniting Modular Water with Water On Demand, we create the perfect synergy between the two. Water On Demand is now well positioned to lead the new water managed services segment; and the only company in that segment to accept investments from everyday investors." (Graphic - Water On Demand Inc.)
The presentation is available by clicking this link on the Water On Demand site: Water On Demand with Modular Water Systems Q3-2023.
WOD cautions that while targets have been identified, the acquisitions of such targets may not occur, or may occur with different targets.
Accredited Investors interested in the Water On Demand investment opportunity, which may include a share of net profits from water services, can review the offering at www.water.originclear.com/offer.
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.
https://finance.yahoo.com/news/originclear-pr...00171.html
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