OriginClear Inc (OCLN)

[Oxonius]

Yep - it's like they got water-boarded (which would be somewhat ironic, I must admit). The 10-Q had just about the lamest "analysis" I have ever seen to account for a 50% + decline in year over year revenues:

For the three months ended March 31, 2017, we had revenue of $672,129 compared to $1,467,750 for the three months ended March 31, 2016. Cost of sales for the three months ended March 31, 2017, was $582,456 compared to $1,068,427 for the three months ended March 31, 2016. Revenue and cost of sales decreased primarily due to PWT’s focus on marketing during the three months of operations.

<< Progressive revs are taking a beating! Too bad. >>