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BioLargo, Inc. (BLGO) focuses on delivering sustainable technology-based products to address critical issues in water, food, agriculture, healthcare, and energy sectors. The company's subsidiary, BioLargo Water, Inc., is known for its advanced oxidation systems, including the AOS filter, designed to efficiently eliminate toxic contaminants in water. BioLargo has received the Technology Star Award for its breakthrough innovation in the oil industry and recognized as a technology innovation leader in the water treatment market. Additionally, the company owns a 50% interest in the Isan System, which has been honored as a top 50 water company for the 21st century.
BioLargo, Inc. (OTCQB:BLGO) will hold its annual stockholder meeting on June 15, 2021, at 10:00 am PT via live webcast due to COVID-19 considerations. Stockholders can register online and are encouraged to vote, with eligibility based on ownership as of April 19, 2021. The meeting will feature discussions on recent annual and quarterly financial results, followed by a Q&A session. BioLargo focuses on sustainable clean technologies and environmental engineering, holding extensive patents and a variety of innovative products aimed at addressing environmental challenges.
BioLargo, Inc. (OTCQB:BLGO) will present at the LD Micro virtual event on June 9, 2021, at 5:00 PM ET. CEO Dennis P. Calvert will discuss innovative sustainable water treatment technologies, particularly targeting PFAS contamination, which poses significant health risks globally. This technology is positioned as an affordable and eco-friendly solution. The LD Micro Invitational XI will run from June 8-10, 2021, featuring around 180 companies. Interested parties can register to view the presentation here.
BioLargo (OTCQB:BLGO) announced the elimination of nearly all convertible debt, having paid off $406,000 due in August 2021. This reduction leaves only $464,000 in SBA and PPP loans and $50,000 in fixed-price convertible debt on the balance sheet. CEO Dennis Calvert noted the debt reduction from $7.6 million three years ago and highlighted a financing commitment of over $6 million. The company's environmental technologies, including the Advanced Oxidation System (AOS), are ready for commercial launch, supporting revenue growth and new partnerships.
BioLargo, Inc. (OTCQB:BLGO) filed its Q1 2021 report, highlighting a 30% revenue increase to $571,000 compared to the previous year. The company's net loss decreased by 28% thanks to a significant reduction in interest expenses. BioLargo has retired $650,000 in debt this year, improving its financial position ahead of plans to uplist to a national exchange. CEO Dennis Calvert emphasized the commercial potential of their PFAS remediation technology in a growing $80 billion market. Upcoming commercial pilots for this technology are set to start soon.
BioLargo, Inc. (OTCQB:BLGO) will host an investor webcast and conference call on May 19, 2021, at 1:30 PM PT / 4:30 PM ET. The session aims to discuss the company's financial results and recent developments. The event is open to the public, with access to a replay available for later viewing. BioLargo specializes in developing sustainable technologies for environmental challenges, holding numerous patents, and operating through various subsidiaries. The webcast details and participation links are provided in the company’s investor relations section.
BioLargo, Inc. (OTCQB:BLGO) will present at the Benzinga Global Small Cap Conference on May 14, 2021, at 10:10 a.m. ET. The conference aims to connect small-cap companies with investors, focusing on cleantech advancements and growth prospects. CEO Dennis P. Calvert emphasizes BioLargo's dynamic business model, notably in PFAS remediation and water treatment. The event is free to attend, providing valuable insights into the company's innovative solutions. For registration, visit here.
BioLargo, Inc. (OTCQB:BLGO) has achieved a significant technical milestone with its Aqueous Electrostatic Concentrator (AEC), designed for treating PFAS-contaminated water. This development improves the AEC's electrical configuration, significantly reducing operating and maintenance costs. As a result, BioLargo can now finalize agreements for demonstration pilots and commercial trials. The AEC offers advantages over traditional PFAS filtration methods, with lower waste generation and reduced costs. The company is also enhancing its intellectual property related to the technology.
BioLargo, Inc. (OTCQB:BLGO) will present at the Benzinga Cleantech Small Cap Conference on April 22, 2021, at 11:20 AM EST. The company specializes in sustainable technologies and environmental engineering. CEO Dennis P. Calvert emphasized BioLargo's advancements in water remediation technologies, aimed at addressing critical global challenges. The conference focuses on clean technologies that promote eco-friendly practices.
Interested parties can sign up for the conference here.
BioLargo, Inc. (OTCQB:BLGO) filed its 2020 Annual Report with significant highlights. Revenue reached $2.43 million, a 31% increase from 2019, with fourth-quarter revenue of $900,000, up 36% from the previous quarter. The company reduced debt from $4.8 million to $1.7 million and announced the upcoming commercial launch of its PFAS water treatment solution. BioLargo continues to enhance its strategic partnerships and expand its technology offerings, positioning for future growth despite challenges from the COVID-19 pandemic.
BioLargo, Inc. (OTCQB:BLGO) announces a webcast and conference call on March 31, 2021, at 2 PM PST to discuss its 2020 financial results, releasing them after market close on March 30, 2021. The event will include a Q&A session open to the public. Interested participants can access the webcast on the company's Investor Relations page. BioLargo focuses on innovative environmental solutions and has secured over 80 grants to support its initiatives.
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