PHOENIX, Jan. 24, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast welcomed BioLargo, Inc. (OTCQB:BLGO) (“The Company”), a developer of sustainable science and technologies and a full-service
environmental engineering company. Dennis Calvert, the President and CEO of BioLargo, Inc., talked with Stock Day’s Everett Jolly.
Jolly began the interview by inquiring about the Company’s milestones for 2018. Calvert explained that the Company’s product,
Odor-No-More, broke over $1 million in revenue, and that they also signed one of the leading companies in the waste handling
industry. Between revenue and grants, the Company generated nearly $2 million for 2018.
Calvert also shared that $1 million was raised in working capital for their recently acquired stem cell therapy technology
SkinDiscTM, which as a direct investment doesn’t require subsidy by the corporate office. Another milestone included the
Company’s engineering group, which experienced instrumental growth during the 4th quarter of 2018.
Calvert also explained the company’s expectations for 2019, “In a blink, we could go to $300,000 per month or more in revenue.”
Calvert explained that the Company is positioned well to achieve this and simply needs to keep growing steadily. He also shared
that their current products have grown to a point where they are ready for partners, such as distributors or acquisitions. “We’re
shifting away from let’s do it ourselves,” said Calvert.
Calvert then explained how the Company will maintain its cash flow. “We made a major shift at the end of the year. We made some
cutbacks in the R&D budget and staff and redirected it into a decidedly commercial track to reduce our burn rate and focus on
getting through these pilots that are sponsored with grants,” said Calvert.
To close the interview Jolly asked Calvert why investors should take a look at BioLargo Inc. for 2019. Calvert stated, “We’ve
got revolutionary technology that is destined to rise to the top.” He shared that the Company has demonstrated its commercial
viability and has the potential to experience rapid growth. Looking forward, Calvert expressed his excitement for what lays ahead,
and further shared that the key is to properly capitalize and get the infrastructure in place.
To hear the entire interview with Dennis Calvert, click the Stock Day podcast link https://upticknewswire.com/featured-interview-ceo-dennis-calvert-of-biolargo-inc-otcqb-blgo-11/
Investors Hangout is a proud sponsor of “Stock Day,” and Uptick Newswire encourages listeners to
visit the company’s message board at https://investorshangout.com/
About BioLargo, Inc.
BioLargo, Inc. is an innovative technology developer and environmental engineering company driven by a mission to "make life
better" by delivering robust, sustainable solutions for a broad range of industries and applications, with a focus on clean water,
clean air, and advanced wound care. We develop and commercialize disruptive technologies by providing the capital, support, and
expertise to expedite them from "cradle" to "maturity" (www.biolargo.com). Our engineering division features experienced
professional engineers dedicated to integrity, reliability, and environmental stewardship (www.biolargoengineering.com). Our
industrial odor control division, Odor-No-More (www.odornomore.com) features CupriDyne Clean Industrial Odor Eliminator
(www.cupridyne.com), which eliminates the odor-causing compounds and VOCs rather than masking them, and is now winning over leading
companies in the solid waste handling and wastewater industries and other industries that contend with malodors and VOCs. Our
subsidiary BioLargo Water (www.biolargowater.ca) develops the Advanced Oxidation System "AOS", a disruptive industrial water
treatment technology designed to eliminate waterborne pathogens and recalcitrant contaminants with better energy-efficiency and
lower operational costs than incumbent technologies. Our subsidiary Clyra Medical (www.clyramedical.com) features effective and
gentle solutions for chronic infected wounds to promote infection control and regenerative tissue therapy.
Contact Information Dennis Calvert President and CEO BioLargo, Inc. 949-643-9540 x2
Safe Harbor Act
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consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,”
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forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially
from the expected results.
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