Press Releases
Audit of First OriginClear Acquisition Confirms Profitable Subsidiary With $6 Million Revenue
2014 numbers are profitable and forecasted to repeat in 2015
Los Angeles – OriginClear Inc. (OTC/QB: OOIL), a leading provider of water treatment solutions, today announced the completion of an independent audit of its subsidiary, Progressive Water Treatment, Inc. (PWT). The independent audit was disclosed in a Form 8-K filed with the SEC and reported that PWT’s 2014 sales were $6,075,108, with net income of $813,747, or Read the full article...
OriginClear’s Progressive Water Recovers Millions of Gallons for Texas City’s Drinking Water
Previously-rejected water can now be a freshwater source for up to a third of Horizon City’s residents
Los Angeles and Dallas – OriginClear Inc. (OTC/QB: OOIL), a leading provider of water treatment solutions, today announced that a system built by its wholly-owned subsidiary, Dallas-based Progressive Water Treatment Inc. (PWT), is recovering 700 gallons per minute (gpm) of previously-rejected water at the existing RO treatment plant in Horizon City, Texas. The recovered water is being blended Read the full article...
OriginClear Completes Acquisition of Progressive Water Treatment (PWT)
First transaction in company’s corporate strategy to rapidly acquire leading U.S. water service companies
First transaction in company’s corporate strategy to rapidly acquire leading U.S. water service companies Los Angeles and Dallas – OriginClear Inc. (OTC/QB: OOIL), a leading provider of water treatment solutions, today announced it has acquired 100 percent of Dallas-based Progressive Water Treatment Inc. (PWT), a profitable and fast-growing designer, builder and service provider for a wide range of Read the full article...
OriginClear to Acquire Progressive Water Treatment
OriginClear signs definitive purchase agreement to acquire 100 percent of profitable Texas-based builder and service provider of water treatment solutions
August 04, 2015 03:01 AM Eastern Daylight Time LOS ANGELES & DALLAS–(BUSINESS WIRE)–OriginClear Inc. (OTC/QB: OOIL), a leading provider of water treatment solutions, today announced that it has entered into a definitive agreement to acquire 100 percent of Dallas-based Progressive Water Treatment Inc., (PWT) for preferred stock that may be converted to common stock in Read the full article...