LOS ANGELES, Feb. 16, 2018 /PRNewswire/ -- OriginClear Inc. (OTC/QB: OCLN), a leading provider of water treatment solutions, released details of its WaterChain initiative at d10e, a leading conference on decentralization (d10e.biz/silicon-valley-2018).
"People are worried about global water scarcities," said Riggs Eckelberry, OriginClear CEO. "Soon they will be able to do something about it, by investing directly in water projects through coin offerings. Once it is launched, we believe WaterChain has the potential to be a disruptive technology in water."
The presentation stated, "WaterChain intends to facilitate a series of coin offerings in which crypto investors will fund game-changing water projects in return for regulated security tokens that would represent ownership in future royalties and pay dividends to those cleaning up the world's water supply."
The presentation slides are available at www.waterchain.io.
Enrique Martinez of Web Capitalists, a retained advisor of OriginClear, stated, "I believe WaterChain can truly help the water industry accelerate its efforts to resolve coming water shortages."
Persons from the water industry interested in making WaterChain a reality should contact the company at www.waterchain.io. The company plans to develop the protocol in close consultation with the industry, but cautions that there is no assurance this effort will succeed, or that it will successfully fund, and eventually develop, a cryptocurrency offering.
Get news about our white paper and product updates by clicking www.waterchain.io.
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About OriginClear, Inc.
OriginClear is a leading provider of water treatment solutions and the developer of a breakthrough water cleanup technology serving the rapidly growing $500 billion world market. Through its wholly owned subsidiaries, OriginClear provides systems and services to treat water in a wide range of industries, such as municipal, pharmaceutical, semiconductors, industrial, and oil & gas. To rapidly grow this segment of the business, we strategically acquire profitable and well-managed water treatment companies, which allow us to expand our global market presence and technical expertise. To enable a new era of clean and socially responsible water treatment solutions, we invented Electro Water Separation™, a breakthrough high-speed water cleanup technology using multi-stage electrolysis, that we license worldwide to water treatment equipment manufacturers. Water is our most valuable resource, and the mission of the "Family of OriginClear Companies" is to improve the quality of water and help return it to its original and clear condition. To learn more about OriginClear®, please visit our website at www.originclear.com.
Safe Harbor Statement
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements about the Company's planned blockchain protocol, its funding efforts and future patent protection are forward-looking statements. In addition, when used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect," "hope" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, the need to successfully design and deploy a new blockchain protocol, market acceptance of the protocol and its accompanying transactional coin, competition within the blockchain space, the need to successfully prosecute the patent for WaterChain at the U.S. patent office, investor interest in any future cryptocurrency offering or other financing efforts, our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Press Contact:
Media Contacts:
Taylor Wallace
TrendLogic
[email protected]
+1 800 992 6299
Investor Contacts:
Scott McGowan
Omnicor Media
[email protected]
+1 800 504 8650
Investor Relations OriginClear:
Tom Becker
Toll-free: 877-999-OOIL (6645) Ext. 3
International: +1-323-939-6645 Ext. 3
Fax: 323-315-2301
[email protected]
www.OriginClear.com
SOURCE OriginClear, Inc.
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