ORIGINCLEAR INC - OCLN STOCK NEWS

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OriginClear Inc. (symbol: OCLN) is at the forefront of addressing one of the most pressing issues of our time: water scarcity and contamination. As an innovative leader in the water services industry, OriginClear is dedicated to providing advanced solutions for the treatment and recycling of polluted waters globally.

Established with the mission to make clean water available for all, OriginClear leverages cutting-edge technologies to treat heavily polluted waters and eliminate harmful micro-contaminants from drinking water. The company’s breakthrough technologies are designed to operate efficiently with minimal use of energy, chemicals, and materials, making them environmentally sustainable.

The company is also expanding its market presence through the development of a network of profitable water service companies. This strategic network enhances OriginClear's technical expertise and global reach, enabling it to cater to a broader range of water treatment needs.

One of OriginClear's groundbreaking initiatives is the blockchain-based WaterChain™. This initiative aims to fund and deploy next-generation water recycling systems, pushing the world’s water supply toward a cleaner and more sustainable future. By integrating blockchain technology, WaterChain™ ensures transparency, security, and efficiency in the funding and implementation of water projects.

In recent years, OriginClear has made significant strides in the water services industry. The company’s innovative approach, combined with strategic partnerships and a strong financial position, positions it well to capitalize on the growing trillion-dollar global water services market. OriginClear continues to achieve remarkable milestones, contributing to the improvement of water quality worldwide.

02/15/2024 08:30 AM

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OriginClear’s Water On Demand and Fortune Rise Acquisition Corporation Seek to Combine under Form S-4 Registration Statement

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OriginClear, Inc. (OCLN) and Fortune Rise Acquisition Corporation (FRLA) announce a proposed business combination with OCLN subsidiary Water On Demand, offering decentralized water management solutions without upfront capital expenditures.

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01/10/2024 04:00 PM

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OriginClear’s Water On Demand In Strategic Partnership with the Intent to Acquire Manufacturer for its Proprietary Modular Products

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OriginClear Inc. (OCLN) and Plastic Welding and Fabrication, Ltd. (PWF) have announced a strategic partnership for the acquisition of PWF by OriginClear's subsidiary, Water On Demand, Inc. This acquisition aims to bring manufacturing in-house for the Modular Water Systems division, enhancing efficiency and speed of production. The agreement is expected to establish the first in-house manufacturing facility for WODI's Modular Water Systems division.

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10/24/2023 04:00 PM

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OriginClear’s Water On Demand and Fortune Rise Acquisition Corporation Announce Business Combination to Create Nasdaq-Listed Company

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Fortune Rise Acquisition Corporation and OriginClear Inc. have entered into a definitive business combination agreement. The transaction represents a pro forma equity valuation of approximately $72 million of the Combined Company. The proceeds will be used to develop the Water On Demand water-as-a-service network, grow the Modular Water and Progressive Water business units, and carry out an aggressive acquisition program.

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09/28/2023 08:30 AM

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In Amended Letter Of Intent, OriginClear’s Water On Demand and Fortune Rise Acquisition Corporation Nominate A New Target For Merger

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Fortune Rise Acquisition Corporation and OriginClear Inc. have agreed to nominate Progressive Water Treatment Inc. as the new target for acquisition. Progressive Water Treatment has shown increased revenue since 2021, creating compelling value for the intended merger. The parties will work towards definitive agreements, with FRLA proposing to acquire 100% of PWT's outstanding equity securities. The newly-combined entity anticipates trading publicly on Nasdaq under a new trading symbol.

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09/26/2023 08:30 AM

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OriginClear Merges Its Water On Demand and Progressive Water Treatment Subsidiaries

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OriginClear Inc. consolidates subsidiaries to create better enterprise value for potential merger with Fortune Rise Acquisition Corporation. Combined revenues for 2022 were $10,376,573, a 250% increase from 2021. Gross profits also saw a similar increase. OriginClear retains a commanding percentage of the new combined company.

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05/25/2023 04:30 PM

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In the First Quarter, OriginClear Continued Its Substantial Revenue Growth

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05/22/2023 04:30 PM

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OriginClear’s Subsidiary Water On Demand Signs MOU Regarding Acquisition of Established SaaS Developer

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OriginClear Inc.'s subsidiary, Water On Demand, has entered into a memorandum of understanding to acquire an established SaaS Developer. The acquisition will help build an end-to-end water service network, allowing businesses to outsource their wastewater treatment and water transportation needs. Talks are in an early stage and may not succeed.

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05/16/2023 08:30 AM

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OriginClear Presents Acquisition Roadmap for Water On Demand

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04/20/2023 06:27 PM

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OriginClear’s Revenue Increased 250% in 2022

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OriginClear Inc (OTC Pink: OCLN) reported a remarkable 250% increase in revenue for 2022, rising from $4,143,744 to $10,376,573. This growth is unprecedented for an equipment business, as stated by COO Tom Marchesello. The company's gross profit also saw a substantial increase of 262%, reaching $1,495,297.

However, operational losses rose to $(6,582,722) from $(6,045,452), indicating ongoing challenges. The net loss increased significantly to $(10,790,721), largely due to changes in other income and expenses. Overall, while revenue growth is promising, the rising operational and net losses present concerns for potential investors.

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04/18/2023 05:20 PM

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OriginClear Contributes Modular Water Systems Division to its Water On Demand Subsidiary

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OriginClear Inc. (OTC Pink: OCLN) has merged its Modular Water Systems division with its subsidiary, Water On Demand, Inc. (WOD). In exchange for Modular Water's assets, WOD issued 6 million shares of its common stock. The assets include a global master license for five patents valued between $26.6 million and $53.2 million. The projected total available market for WOD is expected to exceed $8 billion by 2026. The merger aims to create a synergy that positions WOD to lead in the water managed services sector.

Additionally, WOD has entered a non-binding Letter of Intent with Fortune Rise Acquisition Corporation (FRLA) for a potential acquisition, which could result in a new publicly traded entity on Nasdaq.

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FAQ

What is the current stock price of ORIGINCLEAR (OCLN)?

The current stock price of ORIGINCLEAR (OCLN) is $0.0055 as of November 22, 2024.

What is the market cap of ORIGINCLEAR (OCLN)?

The market cap of ORIGINCLEAR (OCLN) is approximately 7.3M.

What is OriginClear Inc.?

OriginClear Inc. (OCLN) is a company dedicated to providing advanced solutions for the treatment and recycling of polluted waters globally.

What technologies does OriginClear use?

OriginClear uses breakthrough technologies that treat heavily polluted waters and remove harmful micro-contaminants with minimal energy, chemicals, and materials.

What is WaterChain™?

WaterChain™ is a blockchain-based initiative by OriginClear to fund and deploy next-generation water recycling systems for a cleaner future.

How does OriginClear contribute to the water services industry?

OriginClear contributes by developing a network of profitable water service companies and leveraging advanced technologies to improve water quality and treatment efficiency.

What is the mission of OriginClear?

The mission of OriginClear is to make clean water available for all by providing expertise, technology, and capital to improve water quality globally.

How does OriginClear ensure sustainability in its operations?

OriginClear ensures sustainability by using technologies that operate with minimal energy, chemicals, and materials, reducing environmental impact.

What are the recent achievements of OriginClear?

OriginClear has made significant strides in water treatment and recycling, establishing strategic partnerships and expanding its global market presence.

Why is WaterChain™ important?

WaterChain™ is important because it utilizes blockchain technology to ensure transparent and efficient funding for innovative water recycling projects.

How does OriginClear improve drinking water quality?

OriginClear improves drinking water quality by using advanced technologies to remove harmful micro-contaminants from water.

What makes OriginClear's approach unique?

OriginClear's approach is unique due to its integration of advanced water treatment technologies with sustainable practices and blockchain-based initiatives for funding.