A New Era Begins
From: Riggs Eckelberry
Los Angeles, October 5, 2015
The last two weeks have been amazing.
First Acquisition Closed!!
Back in April, we created our database of target companies. It had just twelve companies (now it’s nearly 100).
On August 4, we announced our agreement to acquire PWT.
Less than two months later, the transaction was complete.
In just one day, we increased our revenues to an estimated $6 million annually.
By any measure, that is phenomenally fast, and it’s to the HUGE credit of Senior Vice President Bill Charneski.
He and PWT’s owner, Marc Stevens, backed by the OriginClear financial and legal team, did wonders. My admiration for them is boundless.
Now we’re on to our next acquisition! Speed is our middle name.