Between October of 2018 and July of 2024 CEO OriginClear gave a weekly briefing to shareholders and other followers on company activities and progress. Videos or transcripts of their audio are available here.
You can watch the new monthly
Legends Of Water broadcast here:
Replacing 26 Million Septic Systems
Good morning!
We’re starting to understand the full potential for Modular Water Home™.
Last week I talked about the terrible problem that rural communities have with “their own, private Flint”, as the New York Times put it.
But these rural homes are themselves part of the problem!
(I’ll discuss this situation — and the opportunity! — on my CEO Briefing this afternoon at 5pm PST. Just click here to book your spot.)
Environmental disaster
A Wayne University study states: “…for some time now contamination of groundwater from septic systems has been second only to contamination from industrial uses.”
“Failure rates are reported as 50–70% in Minnesota, 60% in West Virginia, 50% in Louisiana, 40% in Nebraska, 30–50% in Missouri, 25–30% in Ohio, and 25% in Massachusetts. In Indiana, one study reported that as many as 70% of the 800,000 systems in that state were failing in 1997.”
That’s an environmental disaster.
The septic problem.
The number of septic systems is growing, as people move further and further away from cities and even suburbs. A decade ago, the EPA counted 26 million homes, one in five… and growing fast.
Country living is fine. But those septic systems are not.
And the government is starting to pay attention. For new construction, the FHA will no longer issue “well waivers” for septic tanks that are too close to wells.
No recycling, either
So… the septic systems fail. In addition, you can’t reuse the water once it’s treated. It goes down into the groundwater.
In Florida, 25-40% of households use septic systems. Purchasing and installing a septic systems can cost anywhere from $1,500 – $15,000.
Recycling is badly needed in Florida. But a septic system won’t recycle!
It’s inevitable: all these systems will have to be replaced by a self-contained water treatment system. It could be competitively priced, and greatly reduce your lawn watering bill.
That’s where Modular Water Home™ comes in.
These homes need a three-way solution:
- Filtration of the incoming water.
- Treatment of the effluent.
- Reusing the treated water for lawn and pool.
Of course, we have a standard design all ready to go.
Sit right outside the house like an air conditioning unit.
Pretty much run unattended.
There’s still plenty of time. For now, our focus is on the industrial deals in our pipeline, ranging from about $50,000 to more than $2 million.
But in 2019, we plan to expand into this HUGE home market. Already I have begun meeting with potential partners.
Dial into our CEO Briefing
I will discuss this strategy TODAY at 5PM Pacific Time.
Just click here to book your spot. See you on the call!
Your CEO,
Riggs
Riggs Eckelberry
President & CEO
OriginClear, Inc. (OCLN)
PS: there’s a limit of 100 listeners, so sign up now…!
