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Current Water Technologies Inc V.WATR

Alternate Symbol(s):  ENPRF

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. Its subsidiary, Pumptronics Incorporated, operates as a division of the Company and functions as an integrated pump station manufacturer specializing in custom design and automation.


TSXV:WATR - Post by User

Comment by SISBOOMBAHon Mar 18, 2023 3:08pm
89 Views
Post# 35346954

RE:RE:RE:RE:RE:RE:Discord Page 121 investors now

RE:RE:RE:RE:RE:RE:Discord Page 121 investors now
Shipment is delayed until temperatures remain above zero at night.  Are you serious? 

Since the July 16, 2020, MDA, Current Water has been reporting that Chemsbro requested modification and that Current Water is currently pursuing financing activities to raise additional funds to complete the unit at the earliest possible opportunity.
 
The November 23, 2022, MDA reported that the parties are currently in the process of shipping the system components to Saudi Arabia for final assembly, but now we learn that the shipments have been delayed until the temperature is above freezing.   Will other ESD contracts be delayed because of freezing temperature?
 
There is nothing wrong in admitting that the technology was not ready and needed to be upgraded, but companies rarely will publicly admit their mistakes.  This contract was signed in February 2017, and six years later, it is still not finished.
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