STOCK TITAN

ORIGINCLEAR INC - OCLN STOCK NEWS

Welcome to our dedicated page for ORIGINCLEAR news (Ticker: OCLN), a resource for investors and traders seeking the latest updates and insights on ORIGINCLEAR stock.

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.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.71%
Tags
none
-
Rhea-AI Summary

OriginClear Inc. (OTC Pink: OCLN) announced the transfer of its Modular Water Systems division to its subsidiary Water On Demand, Inc. (WOD) in exchange for 6 million shares of common stock. This acquisition includes a global master license to five patents and the right to file for new patents since 2018, with a valuation between $26.6 million and $53.2 million. The total available market is projected to exceed $8 billion by 2026. CEO Riggs Eckelberry views this as beneficial for shareholders as WOD executes its business plan. Additionally, WOD has an LOI with Fortune Rise Acquisition Corporation (NASDAQ: FRLA) for a potential merger. This aligns with a growing trend in water treatment and recycling among local businesses, positioning WOD favorably in the market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.71%
Tags
none
-
Rhea-AI Summary

OriginClear Inc (OTC-PINK:OCLN) has reported approximately 125 million total shares shorted since November 2019. The average daily trading volume shows that around 37.96% involves short selling. Notably, a short squeeze is anticipated if OCLN shares surpass the $0.038 SqueezeTrigger price. The company has retained BUYINS.NET for ongoing monitoring of short sale activities, highlighting the compliance with Regulation SHO. This situation indicates potential volatility in OCLN's stock price as it approaches the threshold, prompting interest from investors. Additionally, the ongoing engagement with BUYINS.NET suggests a proactive approach to market surveillance and integrity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25%
Tags
none
Rhea-AI Summary

OriginClear Inc (OTC Pink: OCLN) will participate in a debate on America’s water crisis, celebrating World Water Day on March 22, 2023, at NeueHouse, New York. CEO Riggs Eckelberry, Executive VP Ken Berenger, and Brand Ambassador Estrella Nouri will lead the panel titled “A Trillion-Dollar Deficit: How Our Failing Water Infrastructure Is Harming Americans.” The company has also launched a limited crowdfunding initiative for its Water On Demand™ program, allowing investments starting at $1,000. This program aims to empower businesses to manage water sustainably, helping to alleviate burdens on municipal systems.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
Tags
none
-
Rhea-AI Summary

OriginClear Inc. (OCLN) has announced a crowdfunding preview for its Water On Demand™ subsidiary, aimed at enhancing local water utility services. This offering, managed by Castle Placement, allows minimum investments starting at $1,000 and will conclude on April 30, 2023. Water On Demand™ provides compact water treatment systems and a pay-per-gallon model, relieving public utilities of financial burdens while addressing rising water treatment costs. The initiative targets businesses that require affordable solutions for wastewater treatment, promoting self-reliance and sustainability in water management.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.37%
Tags
none
-
Rhea-AI Summary

OriginClear Inc. (OTC Pink: OCLN) announces that influencer Estrella Nouri will promote its Water On Demand service, designed to assist businesses with water management without significant upfront costs. CEO Riggs Eckelberry emphasized the need for better water infrastructure, stating that businesses can manage their water use effectively. Nouri expressed her excitement about contributing to clean water initiatives, highlighting the urgency of addressing clean water issues globally. Both Nouri and Eckelberry advocate for investors to join the clean water movement.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5%
Tags
none
Rhea-AI Summary

Fortune Rise recently proposed to acquire Water On Demand, Inc. through a non-binding LOI.

OriginClear's subsidiary, Water On Demand, made a $977,500 deposit to extend the period for consummating its initial business combination until May 5, 2023. The LOI is intended to guide negotiations and is contingent on specific terms being met. As a blank check company, Fortune Rise has no operations and will not generate revenues until after completing a business combination. The recent acquisition of Fortune Rise Sponsor, LLC has positioned Water On Demand within the clean water sector, aligning with market trends and local community initiatives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.96%
Tags
-
Rhea-AI Summary

Fortune Rise Acquisition Corporation (FRLA) has signed a non-binding Letter of Intent to acquire Water On Demand, Inc. (WODI), a subsidiary of OriginClear Inc. (OCLN). The agreement is focused on negotiating terms for acquiring WODI's equity, including shares and outstanding options. The acquisition aims to create a combined entity that will trade on Nasdaq under a new symbol. Both companies are committed to establishing definitive agreements to facilitate this acquisition, potentially transforming clean water into an investable asset for mainstream investors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.69%
Tags
-
Rhea-AI Summary

OriginClear Inc. (OTC Pink: OCLN) has acquired Fortune Rise Sponsor, LLC, the sponsor of Fortune Rise Acquisition Corp. (NASDAQ: FRLA), through its subsidiary, Water On Demand, Inc. The transaction, valued at $403,516.61, grants Water On Demand 2,343,750 shares of Class B Common Stock in the SPAC. This acquisition positions Water On Demand to leverage Fortune Rise's capabilities for potential strategic industry alignments. The SPAC focuses on business combinations in sectors aligned with its management’s expertise, enhancing growth prospects for OriginClear.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.47%
Tags
Rhea-AI Summary

OriginClear Inc. reported remarkable growth for the third quarter of 2022, with revenue soaring 200% to $3.37 million compared to $1.12 million in Q3 2021. Gross profit rose 149% to $823,174. For the first nine months of 2022, revenue nearly tripled to $7.77 million, up 173% year-over-year. The company's loss from operations decreased significantly by $338,580 in Q3 and $936,866 for the nine-month period. Strategic investments in the new Water On Demand initiative are underway.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.02%
Tags
none

FAQ

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

The current stock price of ORIGINCLEAR (OCLN) is $0.0029 as of December 24, 2024.

What is the market cap of ORIGINCLEAR (OCLN)?

The market cap of ORIGINCLEAR (OCLN) is approximately 7.2M.

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.

ORIGINCLEAR INC

OTC:OCLN

OCLN Rankings

OCLN Stock Data

7.17M
1.34B
18.28%
Waste Management
Industrials
Link
United States of America
Clearwater