WaterPure International Inc (OTCMKTS: WPUR) Heating Up after Co Announces it is Exploring Multiple Merger & Acquisition Opportunities
August 16 2022 - 8:00AM
InvestorsHub NewsWire
Dallas, TX --
August
16, 2022 -- InvestorsHub NewsWire -- Via Microcapdaily -- WaterPure
International Inc (OTCMKTS:
WPUR) is heating up after the Company announced it is in
discussions exploring multiple merger and acquisition
opportunities. In June, WPUR management announced plans to address
current economic conditions and to explore alternative growth
strategies in the ongoing pursuit of the company’s mission. Since
that time, the company has pursued a number of merger and
acquisition opportunities that could take advantage of reduced
valuations for various assets in reaction to current economic
conditions and at the same time, give WPUR the potential to rapidly
expand and transform.
Reverse merger stocks can be more
explosive than biotech’s when the incoming Company has real value
but is undiscovered to investors and we have covered many on the
website that have gone from pennies to dollars. WPUR has plenty of
room for growth from current levels trading at a$825,550 total
market valuation. OS Is 343,979,185 and there are 177,712,391
shares in the float. Currently WPUR has just $400k in assets and
$1.5 million in liabilities with no
revenues.
WaterPure International Inc (OTCMKTS:
WPUR) is a water and electric utilities
innovation technology company bringing proprietary technology to
make water and electric utilities more efficient, cost effective
and carbon neutral. WPUR has partnered extensively with
Alternet Systems, Inc. (OTC Pink: ALYI) to provide off grid
electric vehicle charging solutions. WPUR will implement a
solar powered solution for PJET’s student housing
project.
WPUR is up big after the Company
announced it is in discussions exploring multiple merger and
acquisition opportunities. In June, WPUR management announced plans
to address current economic conditions and to explore alternative
growth strategies in the ongoing pursuit of the company’s mission.
Since that time, the company has pursued a number of merger and
acquisition opportunities that could take advantage of reduced
valuations for various assets in reaction to current economic
conditions and at the same time, give WPUR the potential to rapidly
expand and transform.
WPUR is a development stage company
that currently owns various assets with proprietary properties
applicable to the delivery of clean water. The company has also
been working to develop and acquire clean electricity production
and delivery technologies. WPUR’s mission is to improve overall
global sustainability by finding profitable new efficiencies and
new technologies to manage water supplies that reverse the growing
global water scarcity, and introduce new electricity production
technologies that reduce carbon
emissions.=
Management is optimistic that current
economic conditions can create new accelerated growth and
transformation opportunities where WPUR enters new sustainability
markets beyond water and electricity. The company anticipates
entering into an agreement to take advantage of such an accelerated
growth opportunity around the time it publishes the annual report
for the period ending June 30, 2022.
Currently trading at a $825,550 total
market valaution, WPUR has 343,979,185 shares
outstanding and there are 177,712,391 shares in the float.
Currently WPUR has just $400k in assets and $1.5 million in
liabilities with no revenues and is “pink current” WPUR recently
announced it is in discussions exploring multiple merger and
acquisition opportunities. In June, WPUR management announced plans
to address current economic conditions and to explore alternative
growth strategies in the ongoing pursuit of the company’s mission.
Since that time, the company has pursued a number of merger and
acquisition opportunities that could take advantage of reduced
valuations for various assets in reaction to current economic
conditions and at the same time, give WPUR the potential to rapidly
expand and transform. Reverse merger stocks can be more explosive
than biotech’s when the incoming Company has real value but is
undiscovered to investors and we have covered many on the website
that have gone from pennies to dollars. WPUR has a history of nice
moves running to $0.049 in October 2021. We
will be updating on WPUR when more details emerge so make sure you
are subscribed to Microcapdaily.
See also Microcap Daily recent
articles on TVPC,
INTK
and PRRY.
Source - Microcapdaily
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