Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I don’t see news anywhere. Please post link. Sounds fishy without it....
LQWC R/MERGER NEWS!!! LifeQuest World Corp.
635 16th St.
Niagra Falls, NY 14301
SUPPLEMENTAL INFORMATION
DATE: June 5, 2019
MATERIAL EVENT: Change in Control of Issuer; Acquisition of BioPipe Global Corp.; Change in
Management of the Issuer
On April 17, 2019, LifeQuest World Corp., a Minnesota corporation (the “Company”), entered into an
Agreement and Plan of Merger (the “Merger Agreement”) with BioPipe Acquisition, Inc., a New Jersey
corporation (“Merger Sub”) and BioPipe Global Corp., a privately held New Jersey corporation (“BioPipe
Global”). In connection with the closing of this merger transaction, Merger Sub merged with and into
BioPipe Global (the “Merger”) on April 30, 2019, with the filing of Articles of Merger with the New Jersey
Secretary of State.
In addition, pursuant to the terms and conditions of the Merger Agreement:
? All of the outstanding shares of BioPipe Global was exchanged for the right to receive an aggregate
of 75,000,000 share of the Company’s common stock, par value $0.001 per share (the “Common
Stock”), which will be issued to certain shareholders in connection with an Intellectual Property
Purchase Agreement set forth below;
? BioPipe Global provided customary representations and warranties and closing conditions,
including approval of the Merger by a majority of its voting shareholders; and
? Bradford Brock was required to cancel 55,000,000 shares of his Common Stock in the Company
but permitted to retain 1,000,000 shares in the Company.
As a result of the Merger Agreement, the Company is no longer pursuing its former business plan. Under
the direction of the Company’s newly appointed officers and directors, as set forth below, the Company is
now engaged in eco-friendly decentralized wastewater treatment.
Upon the closing of the above transactions, Mr. Brock resigned as an officer but will remain on as a director
of the Company. Max Khan was appointed as President, Chief Executive Officer and Director.
Max began his career as a financial consultant in 1987 and founded Alliance Global Finance in 1992, which
specializes in corporate finance and investment banking. Khan served as Director, President and CEO of
PwrCor Inc. (OTCBB: PWCO) until June 2014. He currently oversees several private equity investments.
Khan owned FINRA registered broker deal Thor Capital LLC from April 2011 through May 2013. He is
currently a managing director of Kazue Global Limited, with headquarters in Tokyo. Kazue focuses on
strategic infrastructure investments in Asia. Max Khan received his BA in Accounting and Economics from
the City University of New York, and his MBA from Pace University, also in New York.
Prior to the above transactions, there were no material relationships between the Company and BioPipe
Global, or any of their respective affiliates, directors or officers, or any associates of their respective officers
or directors, other than as disclosed herein.
The shares issued were not registered under the Securities Act of 1933, as amended (the “Securities Act”),
but were issued in reliance upon the exemption from registration provided by Section 4(a)(2) of the
Securities Act and Regulation D promulgated thereunder.
As a result of these transactions, there has been a change in control of the Company.
The Company intends to carry on the business of BioPipe Global, as its primary line of business. Following
the transactions described above, the Company’s corporate offices have been moved and the Company’s
phone number has changed. The Company’s new office address and phone is:
100 Challenger Road
8th Floor
Ridgefield Park, NJ 07660
Phone: 646-201-5242
Fax: 646-290-7809
The Company’s Common Stock is quoted on the OTCPink operated by OTC Markets Group, Inc. the
symbol “LQWC.”
The transaction was accounted for as a reverse recapitalization transaction, as the Company qualifies as a
non-operating public shell company given the fact that the Company held nominal net monetary assets at
the time of merger transaction. As BioPipe Global is deemed to be the purchaser for accounting purposes
under recapitalization accounting, the financial statements will be presented as a continuation of BioPipe
Global. The equity of BioPipe Global is presented as the equity of the combined company and the capital
stock account of BioPipe Global is adjusted to reflect the par value of the outstanding and issued common
stock of the legal acquirer (the Company) after giving effect to the number of shares issued in the Merger
Agreement. Shares retained by the Company, if any are reflected as an issuance as of the acquisition date
for the historical amount of the net assets of the acquired entity.
Business Description:
On May 7, 2019, BioPipe Global acquired all the assets of BioPipe Global AG, a Swiss company, and
BioPipe Cevre Teknolojileri A.S. a Turkish company. The Company acquired all trade receivables,
income, royalties, damages, rights to sue, rights to enforce and any and all payments unpaid and due now
or hereafter due or payable with respect to the patented BioPipe System.
In the last seven years, the BioPipe system has been installed in Turkey, UAE, Qatar, Saudi Arabia, Oman
Maldives and Bangladesh. These BioPipe systems are running successfully in Resorts and Hotels, Highrise office and residential facilities. In the future we can expect to see an increase in these types of
installations as well as a cost-effective replacement for today’s Septic systems for single family homes
and housing communities in the USA and around the world.
Traditional centralized wastewater treatment systems are expensive, energy-intensive and chemicaldependent. The world is seeking sustainable solutions through decentralized wastewater treatment which
“get back to nature” while using 21st century technologies and management. Reuse may include irrigation
of gardens and agricultural fields or replenishing surface water and groundwater. Reused water may also
be directed toward fulfilling certain needs in residences (e.g. toilet flushing), businesses and industry, and
where necessary, treated to reach drinking water standards.
The reuse of wastewater has long been established as critically important for irrigation, especially in arid
countries. According to the World Bank, there will be a 40 percent global shortfall between supply and
demand of water by 2030. And by 2025, approximately 1.8 billion people will be living in regions with
“absolute water scarcity.” The World Bank also estimates that 70 percent of water use today is for
agriculture. A projected global population of 9 billion by 2050 is expected to require a 60 percent increase
in agricultural production and a 15 percent increase in water withdrawals. Recycled water can meet some
of this need, benefited by the nutrient content inherent in wastewater. And only mid-range treatment
levels would be required, as irrigation can be accomplished while minimizing the potential for human
contact with the recycled water. Reusing wastewater as part of sustainable water management allows
water to remain as an alternative water source for human activities. This can reduce scarcity and alleviate
pressures on groundwater and other natural water bodies. At the nexus between unusable wastewater and
clean water, lies BioPipe:
BioPipe is a revolutionary wastewater treatment system.
Patented in 55 countries, Biopipe is a highly scalable, eco-friendly and extremely cost-effective
wastewater treatment with a broad installed base. It is the planet’s first biological wastewater treatment
system where the process takes place entirely inside the pipe and
• has an extremely small foot print which allows it to be installed in places of high population
density and commercial buildings
• virtually silent
• odor free
• zero sludge
• very low energy consumption
• discharge meets strict European Union standards
Biopipe has a robust pipeline of projects in various parts of the world and is in the process of setting up
joint ventures in Bangladesh, India, South Africa and Netherlands.
LQWC~~get in,huge run here
LQWC MERGER NEWS just now,just started
10Q coming out Its a steal at these prices
Whoa, baby.... there is someone, somewhere who thinks this is alive!
This is why I bailed w. my 500k shares at .01,.009, & .0085 pre split. In at .0075. Could have sold at .014 but didn’t because I was hopeful until they screwed everybody
Its a race to .01 after that R/S and then massive dilution will follow.Its a race to .01
and still no effing news. they're late with their filings..... total clusterfuck
Sadly, I think you are right. That RS came out of nowhere, without any explanation or justification.
temporary until ta and brokers readjust their shares
This has just disappeared off my list.... WTF?
turning into a gigantic shitshow
They won't return emails , calls or even explain anything that is happening with company and it's frustrating that they allow a group from overseas take over this and not communicate with shareholders . Shareholder letter or return email would suffice but nooooo ...
not in the slightest. all this time this thing languished with a float tighter than a virgin and now this????? who the f....k knows what's going on in their heads.
time will tell but this is not cool imo ...
i don't understand it either. only thought is that they want to turn this into an atm and dilute.
NO reason for a reverse split ...
That explains the 49% drop. Bummer.
LQWC Reverse Split: 1 for 200 effective March 8, 2018
http://otce.finra.org/DLDividendsDistributionsSplit
Agreed. I hope LQWC puts out something soon.
just a burp in between the snoring. we need a filing or some news to wake gulliver up. but hey at least we're at a penny again!!!
Hey, it's alive!! Some volume today!
like watching grass grow in the sahara desert
Any new filings as of late.Still holding and waiting for the company to get moving.Have i missed any news ? I see the volume has dried up, so i assume theirs been nothing happening
no idea ... we need news
This is strange. I wonder who knows something?
What's up with $2 traded at .0061? Hardy worth it.
yep ... me too
waiting sucks
I hope things will pick up soon. Seems to be stuck for now.
someone sold ten cents worth of this today. this once promising ticker has become a shit show
seeing that ask at .25 is tempting me to see if $25 can make my account grow by 6 figures. LOL 25 cent ask most likely won't be there tomorrow though. fun to think about while we wait for the show to begin............
yeah I know. I hear you on that.
Well, I'm trying to be patient but it ain't easy. Holding...
today was good volume. I might be wrong but it looks like the natives are getting restless.
Today is actually decent volume. Hopefully PPS will move north when they provide updates.
No volume, i agree they need to get things moving along but this pick still has a lot of upside . Adding shares myself under .01. When they get the PR machine up and running will get a blast off move up
I am optimistic that, if this turns out to be a real RM, this industry is very robust and a well-run player could be a goldmine.
I remember a radio show around the millennium where a futurist talked about the future of gift-giving... his point was that more and more people will tend to give gifts that do not have a physical footprint- like concert tickets instead of a wool sweater that you have to store somewhere.
This Xmas, my girlfriend gave her mom a geneology reading through a company similar to this as a gift, and it was much appreciated. I think there is always going to be a market for such things if they play their cards right.
I am anxiously awaiting news, but my experience tells me that it is not a good idea to get too impatient... these things can happen at a snail's pace. Good luck to those who have discovered this early.
$1.20 ... really ? Sheesh , well who got the shares ? Haha
Followers
|
31
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1139
|
Created
|
10/18/08
|
Type
|
Free
|
Moderators |
BioPipe Global Corp is a wholly owned subsidiary of LQWC. BioPipe’s core focus is on decentralized wastewater reclamation using eco-friendly technologies. This is the process of converting wastewater for reuse and to meet strict local discharge standards.
Traditional centralized wastewater treatment systems are expensive, energy-intensive and chemical-dependent. The world is seeking sustainable solutions through decentralized wastewater treatment which “get back to nature” while using 21st century technologies and management.
Reuse may include irrigation of gardens and agricultural fields or replenishing surface water and groundwater. Reused water may also be directed toward fulfilling certain needs in residences (e.g. toilet flushing), businesses and industry, and where necessary, treated to reach drinking water standards.
The reuse of wastewater has long been established as critically important for irrigation, especially in arid countries. According to the World Bank, there will be a 40 percent global shortfall between supply and demand of water by 2030. And by 2025, approximately 1.8 billion people will be living in regions with “absolute water scarcity.” The World Bank also estimates that 70 percent of water use today is for agriculture. A projected global population of 9 billion by 2050 is expected to require a 60 percent increase in agricultural production and a 15 percent increase in water withdrawals. Recycled water can meet some of this need, benefited by the nutrient content inherent in wastewater. And only mid-range treatment levels would be required, as irrigation can be accomplished while minimizing the potential for human contact with the recycled water. Reusing wastewater as part of sustainable water management allows water to remain as an alternative water source for human activities. This can reduce scarcity and alleviate pressures on groundwater and other natural water bodies. At the nexus between unusable wastewater and clean water, lies BioPipe:
BioPipe is a revolutionary wastewater treatment system.
Patented in 55 countries, Biopipe is a highly scalable, eco-friendly and extremely cost-effective wastewater treatment with a broad installed base. It is the planet’s first biological wastewater treatment system where the process takes place entirely inside the pipe and
The first biological wastewater treatment pipe!
Wastewater Tank
Store the inorganic waste and wastewater.
Circulation Pump
Separate the organic materials and to propel water into Biopipe.
Biopipe
Biopipe bacteria engages with pollutants and eliminates them from wastewater. Air is automatically vacuumed by the pressure difference in order to allow aerobic bacteria to further treat the wastewater.
Cartridge Filter
Wastewater then passes through a cartridge filter or equivalent and a UV filter to complete the treatment. The treated water can then be used directly or stored in a clean water tank.
Waste water treatment for solids separation and flotation technology (SSF).
The Abrimix process has been developed to provide rapid accelerated results within the application the technology has been installed. The technology utilises and maximises certain key principles of engineering and chemistry to attain the achieved desired results.
The combination of the two key principals has enabled Abrimix to successfully achieve the results consistently whilst outperforming equivalent conventional marketed equipment as shown within the examples of various application results achieved by Abrimix.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |