Originclear - OCLN STOCK NEWS

OriginClear Inc (OCLN) announces the commercial success of its EveraMOD pump station product line, which is gaining traction among cities and businesses as a sustainable water infrastructure solution. The product caters to a growing demand for durable, modular systems with a service life of up to 100 years. Notably, sales for EveraMOD have surged, contributing significantly to Modular Water Systems' revenue. The company expects a notable financial boost from a major national account, projecting up to $5 million in annual sales.

OriginClear Inc. (OTC Pink: OCLN) has announced a collaboration with real estate expert Ivan Anz to develop off-grid housing solutions. This project builds on their previous partnership, PhilanthroInvestors, which seeks to blend financial returns with human welfare.

OriginClear’s innovative Water On Demand™ program will provide self-sufficient water services, allowing property developers to avoid large upfront costs, facilitating development in regions like Florida and Utah.

OriginClear Inc (OCLN) reported a significant surge in sales for the three months ending June 30, 2022, with revenue increasing by 240% to $3,167,967 compared to $931,422 in the same period last year. Gross profit also soared by 288% to $685,474. For the first half of 2022, revenue rose 155% to $4,402,072, while gross profit increased by 64% to $460,724. Despite this growth, the company recorded a narrowed loss from operations, amounting to $(726,500) for Q2 2022.

OriginClear Inc. (OTC Pink: OCLN) has successfully delivered its pre-engineered EveraBOX™ to the Beaver Falls Municipal Water Authority. This system facilitates a low-risk Liquid Ammonium Sulfate (LAS) disinfection for water treatment. The EveraBOX is constructed from durable materials, mitigating supply chain issues faced by traditional systems. The company aims to offer efficient, cost-saving water solutions while promoting sustainable practices through initiatives like Water On Demand™.

OriginClear Inc (OTC Pink: OCLN) has appointed Castle Placement as its exclusive placement agent to raise capital for its Water On Demand™ program, targeting up to $300 million from accredited and institutional investors and $75 million for unaccredited investors. The funds will primarily finance water recycling equipment. This initiative aligns with increasing legal requirements for local water recycling, as seen in cities like San Francisco and Los Angeles. The program offers potential long-term royalties, capitalizing on the growing demand for onsite water recycling.

OriginClear Inc (OTC Pink: OCLN) announces a surge in demand for its Modular Water Systems as major US cities mandate decentralized water recycling systems in large buildings. The company's systems, designed for efficiency and cost-effectiveness, have recorded purchase orders nearly equal to all of 2021 in just one month. Key cities like San Francisco, Los Angeles, and New York City are leading this shift, indicating a growing trend toward water independence. OriginClear's innovative Water On Demand™ program offers financing solutions, further solidifying its position in the market.

OriginClear Inc (OTC Pink: OCLN) announced a remarkable performance in the first half of 2022, with combined purchase orders exceeding $5 million, more than double the volume from the same period in 2021. The increase in orders aligns with a 55% revenue growth in Q1 compared to the previous year. CEO Riggs Eckelberry expressed pride in the operational divisions' performance and highlighted attempts to expand staff to maintain service quality. The company aims to capitalize on the U.S. water infrastructure crisis, promoting self-reliant water systems.

OriginClear Inc. (OTC Pink: OCLN) announced a $300 million capital offering for its subsidiary, Water on Demand, Inc. (WODI), during the Prestel Family Office Forum in London. This funding initiative targets accredited investors via Manhattan Street Capital, aiming to provide clean water as a managed service without upfront capital costs. WODI's program is likened to master limited partnerships, promising investors potential long-term royalties from water projects. Initial funding for WODI is secured, and they are qualifying participants for a commercial pilot program.

OriginClear Inc (OTC Pink: OCLN) reported approximately $1.5 Million in purchase orders for May 2022, significantly higher than the $1,774,880 received for all of 2021. The orders include diverse projects such as waste management for a power plant and wastewater lift stations. The company plans to further develop its Modular Water Systems division, launching it as a separate entity with substantial ownership. President Daniel Early emphasized rising demand for modular systems to alleviate municipal sewage connections.