Thursday, August 24, 2017 7:21:11 AM
<< For the three months ended June 30, 2017, we had revenue of $510,325 compared to $1,833,709 for the three months ended June 30,
2016. Cost of sales for the three months ended June 30, 2017, was $499,222 compared to $1,256,977 for the three months ended June 30, 2016. Revenue and cost of sales decreased primarily due to PWT’s focus on marketing during the three months of operations. >>
A "focus on marketing" means, of course, that they don't have any business and we all know that if any new contracts had been signed we would have had multiple PRs trumpeting their success - so, it is reasonable to assume that the 3rd quarter is going to be a total bust also.
You have to laugh when you see the following quote on their Investing page: “We are thrilled to join the OriginClear team. We believe OriginClear’s vision to build an extensive network of solution providers is going to help us grow dramatically. Together we can better reach growing market demand for exceptional water treatment solutions and services.”
– Marc Stevens, President of PWT
Recent OCLN News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/08/2023 10:27:24 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 07:36:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/28/2023 07:34:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/25/2023 07:21:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2023 09:20:48 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM