OCLN - Originclear, Inc.
Originclear Inc (OTC: OCLN)
As of January 2022 the company was conducting a SERIES Y OFFERING with the goal of raising up to $300 million for the development of a Water On Demand™ subsidiary which will engage in investing in water projects.[1]
In August 2021 OriginClear subsidiary Progressive Water Treatment received a purchase order for approximately $1.8 million from Total Outsourced Water™ for "water filtration systems that will provide process water at three power plants".[2]
On 1/13/22 the company named Andrea d’Agostini as President and Chief Strategic Officer. Mr. d’Agostini formerly served as Chief Marketing Officer American Power And Gas, a $300 million+ multinational company with 200 employees.[3]
In an 8-K filing on March 1, 2022 it was disclosed that several million warrants were issued, and preferred shares were converted to over 25,000,000 common shares of stock.[4]
Financials[edit]
For the year ending 12/31/2020 the company had total revenue of $4.1 million and operating income of -$4.7 million.[5]
References[edit]
More News: OTC Markets
- Originclear Inc - March 2, 2022: Company website
A $1.8 million purchase order late last year, plus raising $300 million for a project with enormous potential. I like it!
