LiqTech International Inc (LIQT)

[mirza3]

update in jan 2019
The Company currently has confirmed orders for more than 110 of its standardized water filtration systems; an increase from more than 50 systems announced in mid-November 2018.
In addition to the confirmed orders, the Company expects to deliver a significant amount of systems in 2019 under the Framework Agreement announced on October 1, 2018.
The Company reaffirms expectations that revenue during the first quarter of 2019 will be a Company record, driven by fulfillment of orders from current backlog.
The Company reaffirms expectations to be solidly profitable in the first quarter of 2019 and onwards.
Positive visibility to order flow delivery affirms expectations for the second quarter of 2019 revenue to surpass the first quarter of 2019, setting another new record for the company.
The Company remains on track from a manufacturing standpoint to meet all planned deliveries for the first half of 2019.
The Company's cash position at the end of December 2018 was approximately $3.8 million, largely unchanged since the end of June 2018