From the Nasdaq MarketSite studio, New to The Street welcomes OriginClear, Inc.’s (OTC: OCLN) ($OCLN) Riggs Eckelberry, CEO, and Ken Berenger, Executive Vice-President and Co-Creator of Water On Demand™. Talking with TV Host Jane King, Riggs and Ken explain the Company’s worldwide water business. OriginClear, through its subsidiary, Water On Demand™, is an industry first in creating a clean water innovation hub. Municipalities and other Governmental agencies control the water delivery and treatment industry, and only a small percentage is outside the government’s monopoly. Flint, Michigan, Jackson, Mississippi, and Compton, California, all had severe problems with clean water. Riggs says that most government-controlled water systems need roughly $100B yearly to improve and maintain infrastructures, and they are not adequately investing money for upgrades and innovations. Riggs informs viewers that the most significant water consumption is with industries and agricultural end-users. Residential use is a small percentage. The Company’s Modular Water Systems™ is a disruptive water industry technology that enables small and efficient on-site water management solutions made in the USA. Ken gives viewers more details on how the Company’s “Water-as-a-Service” solutions evolved, how it’s dramatically changing the way consumers think about water consumption and why the Company tripled its business in 2022. The Company rents these on-site, self-reliant water and commercial modular advanced systems to end-users, providing an efficient and affordable water option beyond the legacy and outdated municipal systems. OriginClear’s Water On Demand™ subsidiary has a unique value proposition for accredited investors, a Master Limited Partnership with long-term payment residuals and equity issuances. Management is working on getting another investment vehicle available for non-accredited investors. OriginClear’s proprietary and patented water management products and designs create a unique and industry-disruptive business opportunity within a $1T global industry. The on-screen QR code is available during the show to download more info or visit OriginClear, Inc. – https://www.originclear.com/.
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