CLEARWATER, FL / ACCESSWIRE / June 6, 2023 / Fortune Rise Acquisition Corporation (Nasdaq:FRLA) (“FRLA” or the “Company“) today announced that Water On Demand Inc., a privately-held subsidiary of OriginClear, Inc. (OTC Other:OCLN) (“OCLN”) and owner of its sponsor, Fortune Rise Sponsor LLC (the “Sponsor“), has deposited the required $100,000 (representing an additional $0.027 per public share) into the Company’s trust account for the benefit of its valued public stockholders which provides a one-month extension to complete the Company’s initial business combination.
Modular Water Systems contributed 58% of total revenue, meeting forecast Clearwater, FL – May 25, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™ (the Company), announces that in its 10-Q Quarterly Filing for the 1st Quarter of 2023, Revenue for the three months ended March 31, 2023 was 163% of revenue in the same quarter last year, increasing from $1,234,105 to $2,006,394.
“Software as a Service” Developer To Help Build Water Services Network Clearwater, FL – May 22, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that its subsidiary Water On Demand™ (WODI) recently entered into a Memorandum of Understanding (MOU) to acquire an established international SaaS (Software as a Service) Developer (Developer), founded nearly twenty years ago, which operates with a stable customer base of technology companies. The acquisition is anticipated to be accretive
New company presentation envisions additional resources in network management and manufacturing Clearwater, FL – May 16, 2023 – 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.
Annual increase percentage in a single year is highly unusual for an equipment business. Clearwater, FL – April 20, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that in its 10-K Annual Report filing, 2022 revenue increased by 250% from $4,143,744 to $10,376,573, setting a new range for the company’s operations.
Synergy of technology and finance could accelerate adoption of private water treatment by local businesses Clearwater, FL – April 18, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that it recently transferred 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).
Approximately 125 Million Total Shares Shorted Since November 2019 Short Squeeze Expected When OCLN Exceeds $0.038 SqueezeTrigger Price CLEARWATER, Fla., April 12, 2023–(BUSINESS WIRE)–OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces today that it has retained BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance. BUYINS continues its coverage on OriginClear, Inc. (OTC: OCLN) after releasing the latest short sale data through April 10, 2023. The total aggregate number of shares shorted since November 2019 is approximately 125 million shares. On average approximately 37.96% of daily trading volume is short selling. The SqueezeTrigger price for all OCLN shares shorted is $0.038. A short squeeze is expected to begin when shares of OCLN exceed this level.
Panelists will debate solutions to America’s water deficit Clearwater, FL – March 21, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that its top team will help New To The Street celebrate World Water Day with a debate on how to fix growing water problems in America and the world.
Brand Ambassador Estrella Nouri will headline the offering Clearwater, FL – March 9, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that New York-based Castle Placement has launched a limited preview crowdfunding for OriginClear’s Water On Demand™ subsidiary, the new private water utility for industry, which can help cities serve consumers better. This preview will end on April 30, 2023.
Instagram Influencer will raise awareness for Water On Demand Clearwater, FL – 2 March, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that actress, singer, Guess model and Instagram influencer Estrella Nouri, www.instagram.com/estrellanouri, has chosen to champion clean water as her cause. She plans to raise awareness for Water On Demand™, which is working to help businesses manage their own water as a simple service, without the need for large capital outlays. Learn more at www.waterondemand.net.
In a non-binding LOI, Fortune Rise recently proposed to acquire Water On Demand, Inc. Metuchen, NJ and Clearwater, FL – February 7, 2023 – Fortune Rise Acquisition Corporation (Nasdaq: FRLA) (the “Company” or “FRLA”) and OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announce that OriginClear’s subsidiary, Water On Demand Inc. (“WODI” or “Water On Demand”) deposited $977,500 (the “Second Extension Payment”) into the Company’s trust account for its public shareholders, representing $0.10 per public share, which enables the Company to extend the period of time it has to consummate its initial business combination by an additional three months from February 5, 2023 to May 5, 2023 (the “Second Extension”).
Non-binding agreement sets basis for negotiations. Metuchen, NJ and Clearwater, FL – January 5, 2023 – Fortune Rise Acquisition Corporation (Nasdaq: FRLA) and OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announce that OriginClear’s subsidiary, Water On Demand, Inc. (“Water On Demand”) (www.waterondemand.net), has executed a Letter of Intent (“LOI”) with Fortune Rise Acquisition Corporation, a Delaware special purpose acquisition corporation (NASDAQ: FRLA) (“FRLA”) under which FRLA proposes to acquire all the outstanding securities of Water on Demand, Inc. (“WODI”), based on certain material financial and business terms and conditions being met. The LOI is not binding on the parties and is intended solely to guide good-faith negotiations toward definitive agreements.
Clearwater, FL – December 29, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that its subsidiary, Water On Demand, Inc. (“Water On Demand” or “Company”) (www.waterondemand.net), has closed the acquisition of Fortune Rise Sponsor, LLC, a Delaware limited liability company (the “Sponsor”), which is the sponsor of Fortune Rise Acquisition Corp. (NASDAQ: FRLA) (the “SPAC”).
High pace of fulfilling record 2021 sales continues Clearwater, FL – November 16, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, reported today that for the three months ended September 30, 2022, revenue increased by 200%, tripling to $3,366,061 from $1,120,687 for the three months ended September 30, 2021. Gross profit increased by 149%, or more than double, to $823,174, as compared to $330,351 for the same period last year.
Firm has experience in SPAC Business Combinations Clearwater, FL – November 7, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that it has retained The Basile Law Firm, P.C. (www.thebasilelawfirm.com), to explore a potential business combination with a NASDAQ-listed Special Purpose Acquisition Corporation (SPAC).
Intended to help clean up legacy shareholder commitments Clearwater, FL – October 25, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that it has entered an Equity Financing Agreement (the “Agreement”) with GHS Investments (GHS). Pursuant to the Agreement, GHS has agreed to purchase up to $25.0 million in registered common stock, with timing and amounts of the purchases to be determined at the sole discretion of OCLN.
High durability and a competitive price make EveraMOD attractive to cities and businesses Clearwater, FL – October 18, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that its pump station product line is showing commercial success. Known as EveraMOD in the Modular Water Systems (MWS) lineup, this durable, modular system is being adopted by customers, often as a simple yet vital retrofit for existing, obsolete installations.
New project builds on successful PhilanthroInvestors partnership Clearwater, FL – September 21, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces its collaboration with Inc. 500 real estate pioneer Ivan Anz to develop off-grid housing solutions. Ivan founded PhilanthroInvestors™, which promotes human welfare while earning a financial return.
Reflects continued success in fulfilling increased sales in 2021 Clearwater, FL – August 16, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, reported today that for the three months ended June 30, 2022, revenue increased by 240% to $3,167,967 compared to $931,422 for the three months ended June 30, 2021. Gross profit increased by 288% to $685,474, compared to $176,500 for the same period last year.
Top Firm Entech Engineering Taps OriginClear for Innovative Sustainability Solutions Clearwater, FL – August 12, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announced the inaugural delivery and installation of its pre-engineered EveraBOX™ to implement a low-risk Liquid Ammonium Sulfate (LAS) disinfectant system for Pennsylvania’s Beaver Falls Municipal Water Authority (BFMA).
Platform will tap up to 64,500 institutional investors/lenders and 600,000+ accredited investors Clearwater, FL – August 3, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that it has named investment bank Castle Placement (“Castle”) (www.castleplacement.com) as its exclusive placement agent to build the capital base for its Water On Demand™ program.
