|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0600 - 0.0730|
|52 Week Range||0.0506 - 1.1800|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Company’s HydraSpin units will be placed at one active as well as one inactive cleanup site. With more than a thousand similar sites throughout the United States, the company expects to sign additional agreements to clean inactive and active disposal locations. Under the terms of these agreements, the company will split the proceeds 50/50 from all oil recovered and sold in the market. As previously stated, seven additional HydraSpin Mobile HS5500 Units are expected to be delivered to the Port of Houston from African Horizon Technologies (AHT) of South Africa during the month of November.
For the next five years, AHT will serve as our exclusive distribution partner in South Africa for Water Now's family of water purification products. AHT is an industry-leading supplier of advanced technology-based products that offer water purification and filtration products to the mining sector, energy, manufacturing, and food services industries. In the past, fracking institutions would dispose of contaminated waste byproducts by pumping into the fully depleted oil reservoir, beneath the earth’s surface, once the oil was fully extracted.
Fort Worth, TX, Sept. 09, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Water Now, Inc.(“Water Now” or the “Company”) (WTNW) a leading water purification solutions company, today announced an agreement to install its HydraSpin Mobile HS5500 unit at a location in Texas. The Company will share in the proceeds from the oil that is recovered and sold in the market.
Fort Worth, TX, Sept. 05, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Water Now, Inc.(“Water Now” or the “Company”) (OTC QB: WTNW) has entered into an agreement to install and operate two (2) HydraSpin Mobile HS5500 units in the Permian Basin, a significant oil and gas producing area located in West Texas. The Company’s customer (the “Customer”) is an independent oil and gas producer with substantial production activities in the region. The Company expects to generate gross revenues of approximately $4 million during the two-year term of the contract from its portion of the sale of oil reclaimed by the two units. Monthly revenue from the sale of oil is expected to begin in October. The HydraSpin Mobile HS5500 Unit allows for the separation of residual oil from water contained in the disposal sites so as to minimize environmental contamination from the contaminants contained in oil.
Fort Worth, TX, July 09, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Water Now, Inc. (“Water Now” or the “Company”) (WTNW), a leading water purification solutions company, today announced its initial international marketing and distribution agreement (the “Agreement”) with DPIM-ID, LLC for the sale of its Aqua 125 and Aqua 1000 self-contained mobile purification units in India. DPIM-ID, LLC is a marketing and distribution company based in Houston, TX, with long-standing business relationships in India. The Agreement is for three years and has the potential of providing $3 million in value to the Company.
Fort Worth, TX, June 19, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Water Now, Inc. (“Water Now” or the “Company”) (WTNW), a leading water purification solutions company, today announced the introduction of its new “HydraHeat” Flameless Portable Electric Heating System (“HydraHeat”). HydraHeat is built on Water Now’s patented flameless heating technology and is perfect for any environment that requires portable, fast heat. The results of these tests were spectacular, which enabled HydraHeat to quickly satisfy all federal, state and local regulations.
Fort Worth, TX, May 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Water Now, Inc. (WTNW) Water Now, Inc., a world leader in water purification technology, today announced the completion of their new headquarters facility in Fort Worth, Texas. The new 70,000 square foot facility is located at 5000 South Freeway in Fort Worth. In announcing the new headquarters location Water Now, Inc., CEO David King said, “With the explosive growth of our Hydraspin USA division, and the continued steady growth in our Water Now division, we’ve simply outgrown our old facilities.
Fort Worth, TX, April 30, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Water Now, Inc. (“Water Now” or the “Company”) (WTNW) a leading water purification solutions company, today announced the installation of its first HydraSpin Mobile Mobile HS3000 Unit at a salt water disposal well in Oklahoma City, Oklahoma. The typical HydraSpin performance demonstrates the ability to remove 100% of 10-micron oil droplets, while obtaining better quality discharge water. David King, Chief Executive Officer of Water Now, Inc., commented, “Our first HydraSpin unit was installed in March of 2019, and after running several tests at the site, performed flawlessly, successfully separating and removing oil from the customer’s disposal well at a very high separation efficiency.
Los Angeles, CA, March 26, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Worldwide Business with kathy ireland® is pleased to announce an exclusive interview with Water Now, Inc. CEO David King, and President Mark Dyos to discuss their innovative, efficient and inexpensive mobile solution that quickly purifies water. Water contamination is a global problem. Water Now, Inc. was founded to explore the possibilities of developing a purification that does not require expensive consumables, significant maintenance or harmful chemicals.
Fort Worth, Texas, March 18, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Water Now, Inc. (“Water Now” or the “Company”) wishes to make the following statements regarding certain market activity surrounding its common stock (the “Common Stock”). On March 14, 2019, the Company was notified by the OTC Markets about a certain promotional analyst report distributed on March 14, 2019. Based on a review of the recent trading activity in the Common Stock, it appears that the effect of this promotional report may have been an increase in the volume of the Common Stock traded on the OTCQB since the release of the report. It is not, however, possible to accurately quantify this effect, and there has been only a nominal increase in the closing price of the Common Stock since March 14, 2019.
Discussing the engagement, David King, Chief Executive Officer, commented: “Our mission continues to be to develop and refine a mobile water purification system that is capable of converting pond, river and salt water into clean drinking portable water. Porter, LeVay & Rose understands this mission and is as enthusiastic as us to help solve this global problem. Michael Porter, President of Porter, LeVay & Rose, commented: “Water is a basic human right yet 844 million people in the world don’t have access to clean water.
Investorideas.com and its water portal http://www.water-stocks.com, one of the first global investor news source covering the sector, release a snapshot looking at water purification technologies as rising concerns regarding drinkable water become a global theme and anthem. “The global water treatment systems market size is projected to be valued at USD 44.01 billion by 2025,” according to a new report by Grand View Research, Inc., “exhibiting a 7.1% CAGR during the forecast period. The company’s flagship products, the Aqua 125 and Aqua 1000 are designed to be operated by a single person and are highly mobile. The Aqua 1000 is designed for use with fresh water sources and can produce up to 800 gallons of distilled water per day. The Aqua 125 is designed for use with salt water sources and can produce up to 120 gallons of distilled water per day. Both the Aqua 125 and Aqua 1000 will pump water directly into any preferred reservoir, but also have product configurations for disaster relief, agriculture and military applications that include a 500-gallon (1900 liter) tank which is mounted on a large trailer.
Fort Worth, TX, Feb. 21, 2019 -- via NEWMEDIAWIRE -- Water Now, Inc. (OTCQB: WTNW), a world leader in water puriﬁcation, in conjunction withAsia Paciﬁc Prime Corporation,.
In announcing the successful installation, CEO David King said, “We are very happy to announce that the installation is complete and the system is running perfectly. We are capturing oil at our projected volume. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.
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Fort Worth, TX, Feb. 05, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Water Now, Inc., (WTNW), a world leader in flameless water purification technology, is the parent company of HydraSpin USA. HydraSpin USA today announces the signing of a new two-year agreement for crude oil recovery from re-injection waste water at a disposal well site in Oklahoma. The HydraSpin USA recovery system is scheduled to be installed in Q2 of 2019. The HydraSpin USA platform utilizes a proprietary cyclonic technology that very cost effectively scavenges residual crude oil from waste water taken from crude oil production. The HydraSpin recovery system is installed at disposal well locations on a revenue sharing basis allowing well operators to reduce the expenses associated with reinfecting crude oil, and at the same time increasing revenue to the company through sale of scavenged crude oil.
“With the addition of Asia Pacific Prime to the Water Now, Inc. family we are making a firm commitment to growing our presence in The Philippines. More than 100 million people live on more than 2000 islands. With annual exposure to typhoons, volcanic discharges, and other natural disasters, the importance of rapid access to fresh drinking water is critical. We are very happy that Gene and his team at Asia Pacific Prime are joining with us to support this very important market,” said David King in making the announcement.
Negotiations Expected to Result in Agreements in Q1-2019 Fort Worth, TX , Jan. 10, 2019 -- via NEWMEDIAWIRE -- Water Now, Inc., (OTC-WTNW), an industry leader in water.
Fort Worth, Texas, Dec. 17, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Water Now, Inc. (WTNW) announced today that HydraSpin USA Inc., its wholly owned subsidiary, has secured a two-year agreement with Ross Recovery, Inc. (“RRI”) to deploy its oil recovery system at one of RRI’s disposal sites in Casper Wyoming. Under the terms of the agreement, HydraSpin will install and operate an oil recovery unit to separate, on a daily basis, marketable oil from approximately 7,000 barrels of salt water located at RRI’s disposal site. Based upon preliminary analysis, we conservatively project that there is a minimum of 3% concentration of recoverable crude oil within the volume of salt water HydraSpin will be processing. If our projections are correct, HydraSpin will recover approximately 6,300 barrels of oil per month. Under its agreement with RRI, HydraSpin is entitled to receive 50% of the proceeds from the sale of the recovered oil.
FORT WORTH, Texas, Nov. 27, 2018 /PRNewswire/ -- Water Now, Inc., (OTC-WTNW), an industry leader in water purification solutions has formed HydraSpin USA, a wholly owned subsidiary that is delivering environmental solutions in the domestic oil industry. Using the HydroCyclone technology developed by African Horizon Technologies, and exclusively licensed in the United States to Water Now, HydraSpin USA provides a highly efficient method for separating crude oil from waste water produced in the oil extraction process. The oil and gas industry uses injection wells to dispose of waste water, which has a high salt content, as well as chemicals, heavy metals, and radioactive material.