SHARE


Two of the most dramatic growth opportunities over the next decade according to a number of major fund managers are in oil and water. The two aren’t supposed to mix well, but they do when it comes to industrial processes and investment portfolios.

The world is heading toward being badly short of both. And one company that just crossed our desk has a model driven by underlying technology that addresses both themes in a potentially explosive manner. And it all comes wrapped up in a tiny 9.4M share trading float.

Symbol:  WTNW

Company:  Water Now Inc.

Quote:  http://finance.yahoo.com/q?s=WTNW

Latest News:  http://finance.yahoo.com/q/h?s=WTNW+Headlines

Website: http://waternowinc.com/

Key Points:

  • WTNW has a tiny trading float of just 9.4M shares according to OTCmarkets.com
  • WTNW is making real money, with trailing revs already coming in the door
  • WTNW is coming off an RSI trough under 40, pointing to a massively oversold stock now heading back the other way.
  • WTNW just recorded a MACD Bullish reversal, suggesting a technical change in trend.
  • WTNW has strong tech and has successfully begun to take advantage of its coproduct opportunity in the oil services space.

Water Now Inc. (OTCMKTS:WTNW), headquartered in Fort Worth, Texas, has developed a water purification technology that the company believes cost-effectively produces potable water from fresh or salt water sources. Its flameless-heating process distills water without the need for filters, membranes, or chemicals, eliminating maintenance costs as well as downtime caused by clogged membranes and filters. The company’s mission is to create solutions that make clean, affordable water available anywhere on the planet and to help end the spread of disease through contaminated water sources.

Water Now, Inc. is also the parent company of HyrdaSpin USA and is also the manufacturer of the Aqua 1000, and the Aqua 125 water purification systems. The HydraSpin USA platform utilizes a proprietary cyclonic technology that very cost effectively scavenges residual crude oil from waste water taken from crude oil production.

The HydraSpin recovery system is installed at disposal well locations on a revenue sharing basis allowing well operators to reduce the expenses associated with reinfecting crude oil, and at the same time increasing revenue to the company through sale of scavenged crude oil.

In other words, the company has developed complicated water purification systems. And some “impurities” that its processes can take out of water are worth money, particularly oil. So, there is both pure water and oil as an output when its systems are used on output water from things like shale oil field facilities.

This is a brilliant coproduct structure and worth taking a long hard look at right now.

Recent Catalysts

The company recently announced that it attended and exhibited at the 39th annual Philippine Association of Water Districts annual exposition held in Iloilo City, Philippines February 7-9, 2019.

Asia Pacific Prime Corporation CEO Gene Rojas explained, “Clean, safe drinking water is obviously a critical concern of every single person in the world.  In the Philippines it takes on extra urgency because of the frequency of natural disasters ranging from typhoons to volcanic eruptions. When commercial power is interrupted, people are left without reliable sources of clean water.  The Aqua 125 was a big hit with the many water districts that saw the system at the expo.”

Just before that, its HydraSpin USA division announced that it has completed the installation of a HydraSpin Recovery System at a re-injection well site in the Anadarko Basin located in Oklahoma.

According to the release, the system went live on February 12 and has been capturing marketable crude oil.

In announcing the successful installation, CEO David King said, “We are very happy to announce that the installation is complete and the system is running perfectly.  We are capturing oil at our projected volume. I am extremely proud of the entire HydraSpin team for their outstanding work in completing this installation.”

Technical Analysis

It’s important to note that we are dealing with a tiny trading float here of just 9.4M shares. The stock recently pulled back from the $1/share level to find key support and a bid waiting in the $0.65-0.70 area, where it has based in recent days.

Right now, shares of WTNW are trading above a rising 50-day simple moving average, and both MACD and RSI remain in launch position.

About WTNW

WTNW (Water Now Inc.) is headquartered in Fort Worth, Texas. The company has developed a water purification technology that the company believes cost-effectively produces potable water from fresh or salt water sources. Its flameless-heating process distills water without the need for filters, membranes, or chemicals, eliminating maintenance costs as well as downtime caused by clogged membranes and filters.

The company’s mission is to create solutions that make clean, affordable water available anywhere on the planet and to help end the spread of disease through contaminated water sources.

Water Now, Inc. is also the parent company of HyrdaSpin USA and is also the manufacturer of the Aqua 1000, and the Aqua 125 water purification systems. The HydraSpin USA platform utilizes a proprietary cyclonic technology that very cost effectively scavenges residual crude oil from waste water taken from crude oil production.

The HydraSpin recovery system is installed at disposal well locations on a revenue sharing basis allowing well operators to reduce the expenses associated with reinfecting crude oil, and at the same time increasing revenue to the company through sale of scavenged crude oil.

Disclaimer: Please note we have been compensated $2400 for advertisement services on WTNW by EDM Media LLC.

LEAVE A REPLY