WPUR Introduces Water and Electric Utility Technologies Highlighting EV and Cryptocurrency Applications

Rhea-AI Summary

WaterPure International, Inc. (WPUR) has begun sending updates to subscribers via email. Following a decade of struggles, the company has secured new investment to restart operations, now led by interim CEO Sean Mathis. WPUR aims to enhance water utility efficiency and expand into electric utility technologies, utilizing its existing intellectual property and new acquisitions.

Three acquisitions are anticipated in December: one related to water technologies, one for electric vehicle charging, and another in East Africa for tech installation and scaling.

Positive

• Secured new investment to restart operations.
• Plans for three acquisitions in December to expand operations.
• Focus on enhancing water utility efficiency and electric vehicle technologies.

Negative

• Previous struggles in securing investment capital.
• Risks associated with the execution of new acquisitions and expansion plans.

Dallas, Texas, Nov. 24, 2021 (GLOBE NEWSWIRE) -- WaterPure International, Inc. (OTC Pink: WPUR) earlier today sent its first email to those that signed up on the company’s website to receive alerts and announcements.  A copy of the letter is included below. Sign up now to receive future alerts:

https://www.wpurinc.com/get-involved

WPUR IR Introduction Letter Emailed Earlier Today:

Hello and Welcome to WPUR

Thank you for signing up on the WatperPure International, Inc. (WPUR) website.  We will send periodic updates to everyone that signs up.

WPUR is a company that’s been in the water technology business for some time.  Like many early-stage companies, WPUR needs investment capital to fund its concepts into sustainable operations.  WPUR struggled 10 years ago to continuously find necessary investment capital and the ongoing development of its water technology was shelved pending new investment opportunities.

Recently, a new investor discovered the company and believed WPUR was a fit with existing efforts the investor had underway.  The investor funded a restart of operations under the institution of an interim CEO, Sean Mathis, a practicing attorney out of Dallas, Texas.

In addition to developing and installing water technologies to make water utility operations more efficient and sustainable, WPUR will expand into technologies for electric utility operations as well.

The water technologies initiatives come from intellectual property WPUR’s legacy operations bring to the table. The electric technology initiatives come from intellectual property the investor brings to the table.

In conjunction with the institution of the water and electric technologies, WPUR will execute three acquisitions in the month of December. One in the water technologies sector.  One in the electric technologies sector, and one giving the company an operational footprint in East Africa where we plan to install and further refine technologies for subsequent global scaling.

The water technology acquisition is a proprietary method for sanitizing water.  The electric technology acquisition is an off grid electric vehicle charging solution.  In addition to bringing existing operations, the East African acquisition brings talent.  Dr. Randell Torno, the current CEO of Alternet Systems, Inc. (ALYI)  (OTC Pink: ALYI) is the majority shareholder of the East African operation, and he intends to join the WPUR board in conjunction with the transaction. Dr. Torno, through the East Africa acquisition, also brings an initiative to expand energy efficient cryptocurrency mining in Africa.

My name is Peter Pride, I am responsible for shareholder communications among other business development responsibilities.  I look forward to hearing your feedback and answering your questions.

Thank you,
Peter

To learn more, visit https://www.wpurinc.com/.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact:
Sean Mathis
info@wpurinc.com
972-918-5256

FAQ

What recent updates has WaterPure International (WPUR) shared with investors?

WPUR has started sending email updates to subscribers, highlighting its renewed operational efforts and investment.

What is the current leadership status of WaterPure International (WPUR)?

WPUR is currently led by interim CEO Sean Mathis after securing new investment to restart operations.

What acquisitions is WaterPure International (WPUR) planning for December?

WPUR plans to execute three acquisitions in December, focusing on water technologies, electric vehicle charging, and operations in East Africa.

How is WaterPure International (WPUR) addressing past financial struggles?

WPUR has secured new investment to address its long-standing challenges in finding necessary capital for operations.

What technologies is WaterPure International (WPUR) developing?

WPUR is developing technologies to improve water utility operations and expand into electric utility solutions.