Here's Texas entrepreneur Marc Stevens, on the day we first shook hands on a deal to acquire his company.
A month later, we did the deal!
Last Friday, we agreed to acquire 100% of Progressive Water Treatment, based in McKinney, Texas, in an all-stock transaction.
Progressive is stable, profitable and fast-growing.
Now we have a lot of work ahead to "close" the purchase. We plan to close by October at the latest.
That could make Progressive Water Treatment the first in our new Family of OriginClear Companies™.
Following Solar3D's lead
In buying high-growth companies, we're in great company.
In late 2013, CEO Jim Nelson acquired a profitable, and growing, solar installation company. And then another.
Today, Solar3D is on the NASDAQ. Take a look at their chart!
Acquiring growing, profitable companies is a winning strategy. We have made it ours.
What about the technology?
"JL" Kindler and his commercial team are hard at work. They are preparing some amazing breakthroughs.
(China is huge for us lately, but so is the USA.)
Because the team is so strong, I am able to focus, with the able and hard-working Bill Charneski, on acquiring high-growth companies.
Have a great week!
Riggs and Team
President & CEO
OriginClear, Inc. (OOIL)
PS: Our "Price Protection Plus" direct stock purchase offer is open for a limited time, for accredited investors only! If you are qualified and interested, please hit Reply now.