OriginClear (OTC: OCLN), a leading provider of water-treatment solutions, recently announced the implementation of a 1-for-2,000 reverse stock split in connection with its financial plan designed to boost capital structure for future growth and acquisitions. An article discussing the company reads, “The company’s reverse stock split is anticipated to help maintain the company’s bid price listing requirements on the OTCQB Venture Exchange. Implemented on October 24, the stock split resulted in the number of OriginClear outstanding shares of common stock decreasing from an estimated 6.2 billion to about 3.2 million (http://nnw.fm/05A9d). Also, as a result of the reverse stock split, the company’s common stock ticker symbol will be OCLND for 20 trading days following the implementation. . . . ‘This reverse stock split is part of a plan to strengthen our capital structure for future growth and potential acquisitions,’ Riggs Eckelberry, OriginClear CEO, stated in a news release.”
To view the full article, visit http://nnw.fm/3Fb2m
About OriginClear Inc.
OriginClear addresses the self-reliant water market, deploying advanced technologies at the point of use with modular, prefabricated systems that create durable assets and water independence for industry, commerce and agriculture. From its Texas-based factory, OriginClear designs and prefabricates an entire line of plug-n-play, containerized Modular Water Systems(TM) that enable water purification, recycling and wastewater management. The company manufactures and distributes these professional-grade, self-reliant units to commercial and industrial properties such as hotels and resorts, real-estate housing developments, office buildings, military installations, schools, farms, food and beverage manufacturers, industrial warehouse, oil and gas producers, and medical and pharmaceutical facilities. For more information, visit the company’s website at www.OriginClear.com.
NOTE TO INVESTORS: The latest news and updates relating to OCLN are available in the company’s newsroom at http://nnw.fm/OCLN
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork.