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Essential Innovations Technology Corp. (ESIV)

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Last Post: 1/15/2021 7:07:20 PM - Followers: 15 - Board type: Free - Posts Today: 0



Essential Innovations Technology Corp.




Company Description

We were incorporated under the laws of the state of Nevada on April 4, 2001.Our
subsidiary, Essential Innovations Corporation ("EIC"), was engaged in the
manufacturing and distribution of the "EI Elemental Heat Energy System" family
of geoexchange heat pump products and technology for globalmarkets.

On March 6,
2006, we acquired all of the issued and outstanding shares of Pacific
Geoexchange Inc. ("PGE") and its wholly owned subsidiary, Earth Source Energy
Inc. ("ESE"), which was engaged in the design and installation of geoexchange
systems in western Canada and acted as a geoexchange project consulting
company.
---

We have secured exclusive worldwide rights to certain unique technologies each
with significant potential for environmental and economic benefit and impact.On
January 15, 2012, we entered into an exclusive manufacturing, distribution and
application agreement with Vortex Energy Research Inc. for the exclusive rights
to certain technologies for use within the field of environmental and green
solutions on a worldwide basis. Vortex Energy will retain ownership of the
intellectual property.

We will focus our activities on development and commercialization of these two
primary technologies.

Technology A

The first technology is a new and improved method for the design of equipment
used in the heating of a variety of fluids such as oil, water (to steam).
Equipment constructed with our technology would also be able to provide
continued evaporative techniques allowing for the preparation of fresh water
from seawater (desalination).

The invention relates generally to the heating
effects of electrical resonance (sound) phenomena that are generated by a
specific arrangement(s) of electrical heating elements in either direct or
indirect contact with fluid mediums such as oil or water. The outcome of this
process ultimately alters temperature, viscosity and surface tension and
includes the potential for phase changes such as the production of steam and the
evaporation of seawater for further collection and processing to fresh (potable)
water.

We believe that this technology is highly unique as it is not a
conventional electric resistance heater and following extensive testing, data
collection and analysis, the energy exchange appears to occur due to the
resonance (or sonic) conditions imposed on the liquid. Our initial efforts will
focus on the desalination capabilities of this technology.

Some of the largest global markets for the application of desalination
technology, where the combination of rapidly growing populations, and
significantly depleted ground water resources are prevalent are China,India and
the Middle East region.

China and India represent key target markets for our
company initiatives given strong market relationships we already have existent
in these countries and we believe that they are presently focused on finding
near-term solutions for the large-scale seawater desalination market. Both
countries have enormous populations in water stressed regions, and political
backing for higher water tariffs, and absolutely require new and effective
means to supply their people with available potable water supply.

The desalination market is driven by growing demand for water and rising
marginal costs of supply. Falling costs of desalination have dramatically
increased the size of the potential market.

Traditional desalination poses an
environmental issue because it involves energy use and brine discharges. As a
whole, the desalination industry is unconsolidated, with a large number of
small and medium sized players serving different niches. The strongest
players can expect strong market growth as well as increases in market share.

Given that our technology offers a new and unique means of desalination through
separation of the mineral content during the evaporation/condensation process
(similar to a distillation outcome), we believe that we are able to mitigating
the matter of large brine discharge.

Additionally, our technology itself is far
more energy efficient that the current conventional offerings. We believe that
this technology offers potential for significant market impact for desalination
by offering an economic benefit while considering the environmental sensitivity
of the overall desalination process.

This technology has been granted patent-pending status with the US Patent and
Trademark Office.

Technology B

The second technology is a new and improved method for the combined mechanical
heating and transport of fluids. This technology particularly relates to the
field of heat generation and most specifically to the heating of fluid mediums
by mechanical means rather than by electrical means as with conventional
electrical heating coils, through utilization of boundary layer principals and
the process of cavitation.

The technology is a distinct departure and
differentiation from current market technology in that a single device
may serve as both the source of the heat generation and also as the fluid
transport or pumping mechanism.

Cavitation heaters are devices that transfer mechanical energy into thermal
energy in a working fluid. The energy conversion in a cavitation heater
has well known advantages in industrial applications where the working fluid
can be damaged by contact with heating elements with a significant temperature
differential (for example some food processing and chemical processing
applications).

Due to this differential some constituents of the fluid may come
out of solution on a heat transfer surface (as in mineralization in water
heaters and boilers) or where on-demand heating is needed (as in water for
residential or commercial uses). These are examples of potential global markets
where this technology could serve in offering substantial savings through
operating efficiencies and reduction in service and maintenance costs.

For definition, "cavitation" refers to the formation of bubbles in the fluid so
that the impeller is working in a mixed phase (liquid with gas bubbles)
environment. Conventional pumps are not typically designed for mixed phase flow
such as this. Cavitation heaters on the other hand can be designed to induce
this mixed phase laminar flow as part of the agitation of the fluid that results
in the thermal conversion.

In commercial cavitation heaters, the mechanical energy driving the heater (the
Input energy - for example the motor driving the heater), is slightly less than
the thermal energy which can then be found in fluid (as seen in the rise in
temperature).

This is because of the loss of energy in the conversion of
mechanical to thermal energy due to inefficiencies of mechanical equipment.
Ultimately, equipment that may be commercialized around this technology offers
a more efficient option for heating water than that of a standard boiler which
will also require significantly less maintenance as they are self cleaning and
will not experience mineral build-up which reduces the efficiency of standard
boilers.

This technology has been granted patent-pending status with the US Patent and
Trademark Office.

Our intentions are to develop these technologies to the point where they will be
commercially viable for us to license to manufacturers who make equipment for
the heating of water or desalination (Technology A), as well as industry which
requires the transportation and heating of large amounts of liquids. If we
develop our technologies in accordance with our current plans, and they are
accepted by industry as commercially viable, we believe that we will be able to
license them in a number of ways and collect revenue from the licensing stream.

At this point however, the technologies are in their initial stages and we have
recently made patent application to the US Patent and Trademark office. There
can be no assurance that we will be able to develop our technologies to the
point where they will be commercially viable to license.

We believe that each of these technologies can be scaled to suit a wide
range of applications including residential, commercial, and even industrial.
Each technology can potentially offer environmentally friendly, more-efficient
operation than conventional technologies presently used in the marketplace. We
plan to embark on a diligent and aggressive R&D effort to now build a data base
of operating parameters and design considerations to optimize performance.

In this regards, we are currently focusing our efforts on:

. continued research and development of the technologies with field-testing
  and concurrent market entry strategies for our two proprietary
  technologies targeted towards active implementation of multiple pilot
  projects in the next 12 - 24 months;

. development of synergistic industry relationships and alliances with other
  technology companies or manufacturers of equipment which could be improved
  through the use of our technologies;

. providing of project design and consultative services to governments
  (primarily in Asia) and particularly large builders and developers that
  recognize environmental sensitivity and energy and water conservation
  as an important feature of land planning and infrastructure development;
  and

. execution of product licensing and distribution agreements for our
  proprietary technologies with such efforts initially directed towards key
  Asian markets of China, India, the Philippines, Vietnam, Thailand, as well
  as in the Middle East region, North, Central and parts of South America.

-----

Our offices are currently located at 3F Shun Feng, International Centre, 182
Queens Road East, Hong Kong, SAR, China. Our phone number is +852-8192-7828.

                                                                                                                                                                                                                                                                                                                                                      
Date   $ Traded   Price   Fact   Volume   Low   High   Up   Dn
2013-01-04
2013-01-03
2013-01-02
2012-12-31
2012-12-28
2012-12-27
2012-12-26
2012-12-24
2012-12-21
2012-12-20
2012-12-19
2012-12-18
2012-12-17
2012-12-14
2012-12-13
2012-12-12
2012-12-11
2012-12-10
2012-12-07
2012-12-06
2012-12-05
2012-12-04
2012-12-03
2012-11-30
2012-11-29
2012-11-28
2012-11-27
2012-11-26
2012-11-23
2012-11-21
2012-11-20
2012-11-19
2012-11-16
2012-11-15
2012-11-14
2012-11-13
2012-11-12
2012-11-09
2012-11-08
2012-11-07
2012-11-06
2012-11-05
2012-11-02
2012-11-01
2012-10-31
2012-10-26
2012-10-25
2012-10-24
2012-10-23
2012-10-22
2012-10-19
2012-10-18
2012-10-17
2012-10-16
2012-10-15
2012-10-12
2012-10-11
2012-10-10
2012-10-09
2012-10-08
2012-10-05
2012-10-04
2012-10-03
2012-10-02
2012-10-01
2012-09-28
2012-09-27
2012-09-26
2012-09-25
2012-09-24
2012-09-21
2012-09-20
2012-09-19
2012-09-18
2012-09-17
2012-09-14
2012-09-13
2012-09-12
2012-09-11
2012-09-10
2012-09-07
2012-09-06
2012-09-05
2012-09-04
2012-08-31
2012-08-30
2012-08-29
2012-08-28
2012-08-27
2012-08-24
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2012-08-22
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2012-08-20
2012-08-17
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2012-07-16
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0.0021
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69,400
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22,800
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267
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Reporting Status U.S. Reporting: SEC Filer
Audited Financials Not Available
CIK 0001250897
Fiscal Year End 10/31
OTC Market Tier OTCQB
Profile Data
SIC - Industry Classification 3590 - Misc Industrial & Commercial Machinery & Equipment
Incorporated In: NV, USA
Year of Inc. 2001
Employees Not Available
Company Officers/Contacts
Jason McDiarmid President, CEO, CFO
Company Directors
Not Available
 
Service Providers
Auditor/Accountant
Not Available
Legal Counsel
Not Available
Investor Relations Firm
Not Available
ESIV Security Details
Share Structure
Market Value1 $1,906,569 a/o Jan 04, 2013
Shares Outstanding 17,332,445 a/o Jul 31, 2012
Float 1,409,993 a/o Jul 31, 2012
Authorized Shares Not Available
Par Value 0.001
Shareholders
Shareholders of Record 185 a/o Feb 13, 2008
Security Notes
  • Capital Change=shs decreased by 1 for 20 split. Pay date=03/21/2011.
 
Short Selling Data
Short Interest 0 (-100%)
Mar 31, 2011
Significant Failures to Deliver No
Transfer Agent(s)

SEC Filings

Form Type Received Period Ending Size Report
EFFECT Dec 13, 2012   1.8 KB PDF    RTF    HTML   
S-1/A Dec 3, 2012   583.4 KB PDF    RTF    HTML    XLS
S-1/A Nov 5, 2012   683.6 KB PDF    RTF    HTML    XLS
S-1 Sept 26, 2012   891.4 KB PDF    RTF    HTML   


ESIV
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PostSubject
#1745   After 6 1/2 years from the SEC Suspension Renee 01/15/21 07:07:19 PM
#1744   Lol. Company came out of grey market today. arch1inc 01/14/21 06:35:18 PM
#1743   Odd, wonder whats up here arch1inc 01/14/21 03:14:30 PM
#1742   ESIV...0001...Grey to Pink today...Watching for possible entry here... georgie18 01/11/21 05:14:24 AM
#1741   ESIV SEC Suspension: Renee 09/25/14 09:33:51 AM
#1740   I just got a call from ESIV about KingErik999 08/14/14 03:54:32 PM
#1739   On watch here. Shaka_Zulu 05/12/14 07:31:50 PM
#1738   Check out the 10-q ITWOOD13 03/17/14 01:23:03 PM
#1737   This is a sleeping giant ITWOOD13 03/16/14 07:33:08 PM
#1736   They have have secured distribution rights ITWOOD13 01/30/14 10:53:58 AM
#1735   Need an update just where things are with ESIV ITWOOD13 01/29/14 10:30:39 AM
#1734   ESIV is looking great at this level kranthikumar 01/24/14 10:07:28 AM
#1730   Some great news is prolly about to be announced. Jas 01/24/14 10:02:56 AM
#1729   hey...what's going on here? starbuxsux 01/24/14 09:49:54 AM
#1728   It takes time. This thing is going to ITWOOD13 11/10/13 03:46:28 PM
#1727   Lost so much on this one that is BrokeEven 09/18/13 04:02:46 PM
#1726   financials out.... energystar 09/13/13 06:57:23 PM
#1725   Seems the pumps have broken down....... VFrankenstein 09/13/13 09:36:00 AM
#1724   Section 10 violation. Got 4 sPam's for Section10 09/04/13 11:33:49 AM
#1723   Seems to be the case on a lot familyguy6 08/30/13 03:53:35 PM
#1722   smell like Ashers' pump squad. AntiMarketMaker 08/30/13 02:43:27 PM
#1721   Wow this stock got killed! The other day familyguy6 08/30/13 08:16:12 AM
#1720   I was suspicious of this pump when I Seymore1721 08/29/13 11:36:18 PM
#1719   hemp gnrh lol AntiMarketMaker 08/29/13 04:28:58 PM
#1718   Took all my money to AMBS at .048 ALL-IN888 08/29/13 02:17:07 PM
#1717   i got s 60days order at .05 .04 AntiMarketMaker 08/29/13 01:40:33 PM
#1716   i'm back, some people just don't learn. Red thepoet75 08/29/13 01:14:15 PM
#1715   BUY all the cheapies under .06 you'll be ALL-IN888 08/29/13 01:14:06 PM
#1714   it's down to 6 cents now energystar 08/29/13 12:24:32 PM
#1713   It's under accumulation again Load all the cheapies ALL-IN888 08/29/13 11:18:28 AM
#1712   chart and level 2 hijack. bids and AntiMarketMaker 08/29/13 10:58:59 AM
#1711   Chart Due for a Bounce to .14 Let ALL-IN888 08/29/13 09:45:58 AM
#1710   it smells a red day I think virus0011 08/29/13 09:38:51 AM
#1709   News today? eurekastox 08/29/13 09:08:01 AM
#1708   No more cheapies for me, E-trade won't let Howie the Book 08/29/13 08:39:29 AM
#1706   I'm here....WHY, I have no idea....maybe to see Howie the Book 08/29/13 08:10:55 AM
#1705   Whared evrybudy goo??? VFrankenstein 08/29/13 07:40:12 AM
#1704   This should have touched .07. MM must AntiMarketMaker 08/28/13 04:35:40 PM
#1703   Agreed. There is no way people are still in Pennies Make Cents 08/28/13 04:15:40 PM
#1702   Like i said, i'll be back tomorrow and thepoet75 08/28/13 04:00:11 PM
#1701   HAHA! you sold then move on Dude! You ALL-IN888 08/28/13 03:58:40 PM
#1700   It was a limit order. Someone finally raised thepoet75 08/28/13 03:56:11 PM
#1699   Good! You sold at market! see you above ALL-IN888 08/28/13 03:49:38 PM
#1698   Finally got out, just a small loss that thepoet75 08/28/13 03:47:09 PM
#1697   .10's getting chewed up! Chop chop $$$$$ ALL-IN888 08/28/13 03:45:28 PM
#1696   No, obviously not allowed to trade my shares thepoet75 08/28/13 03:43:26 PM
#1695   One Big order sniper can take him out ALL-IN888 08/28/13 03:42:47 PM
#1694   Is that you selling on VNDM for 5K ALL-IN888 08/28/13 03:41:07 PM
#1693   vndm is the hitman MM. AntiMarketMaker 08/28/13 03:40:36 PM
#1692   it is called ask blocking. a AntiMarketMaker 08/28/13 03:38:11 PM
PostSubject
Consent Preferences