Current Water Technologies Inc ENPRF

Primary Symbol: V.WATR

Utilities Utilities - Regulated Water

Current Water Technologies Inc. is a Canada-based technology company. The Company is engaged in electro-static deionization (ESD) and the treatment of total ammonia (AmmEL) using electrochemical technologies. The Company is engaged in applying its patented and proprietary electrochemical technologies to the treatment of wastewater, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. Its patented ESD (deionization) and its patented AmmEL (ammonia removal) technologies represent alternatives to biological, ion exchange, and reverse osmosis systems. The Company’s subsidiary, Pumptronics Incorporated, operates as a division of the Company and functions as an integrated pump station manufacturer specializing in custom design and automation.

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Current Water Technologies Inc > New information from Gene

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Comment by lscfaon Jul 26, 2022 11:33am

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Post# 34851135

RE:RE:New information from Gene

Status of Chemsbro ESD unit The Chemsbro 900K ESD unit remains to be completed due to unexpected cost overruns. The cost of the unit was US$1,212,400 plus an estimated cost of installation and commissioning of US$36,250, with an additional US$208,244 in client requested modifications, bringing the total estimated cost of the unit to US$1,465,894. To date, Chemsbro has paid $1,392,544 towards the total estimated cost of the 900K ESD system. The Company is working in conjunction with Chemsbro to complete this unit before the end of the third quarter 2022 .

FisherKing wrote: Question for you. What ever happened with the ESD unit for Saudi? Will WATR have to repay the $950K that they were paid upfront for the unit?

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