LQWC~~NEWS~~BioPipe Global Corp has recently merged into LifeQuest World Corp. (OTC Markets: LQWC).
After years of research, case studies, POCs, and formidable initial projects, we are now one of the most scale-able, sustainable, eco-friendly and cost effective wastewater treatment solutions on the planet. And, BioPipe intellectual property is patented in more than 55 countries and the management team is world renowned.
Recent Developments
In April 2019, BioPipe received its first order from the World Bank for an installation in Bangladesh. The Company believes this order to be a gateway transaction that will open the door for additional orders from the World Bank in areas around the globe that are plagued with poor sewage and poor water quality.
BioPipe will be adding a cost-effective treatment solution for tannery, textile and fishery wastewater, which is being discharged into waterways in India, Pakistan, Bangladesh and other countries. This is a major problem that is impacting surface and ground quality and is creating serious health hazards.
Additionally, BioPipe is currently exploring a Joint Venture opportunity with Abrimix in South Africa and The Netherlands. Abrimix had developed and commercially deployed state of the art and patented and flexible decentralized wastewater treatment for variety of effluents. Abrimix and Biopipe will integrate their solutions into a single end-to-end to solution.
The Market
According National Association of Business Economics (NABE), the world market for waste water treatment is expected to rise from $62 billion in 2012 to about $112 billion by 2022. In 2017, water treatment equipment accounted for two-thirds of the $84 billion total shipments worldwide and chemicals will comprise the remaining third. A slight shift in this 2:1 ratio is likely to be in favor of equipment over chemicals in the coming years. The growth of equipment & services market is likely to gain momentum environment-friendly and economically feasible technologies become mainstream. The Asia Pacific waste water treatment equipment market is projected to grow at the highest CAGR due to the growing demand of potable water in this region. Middle East market is expected to grow at 4.7% CAGR due to increasing population, the rise in the disposable income and the infrastructure availability.
LifeQuest World Corp. Quick Stats:
Traded on OTC Markets (Pink Sheet): LQWC
Shares Outstanding on a fully diluted basis including Equity Raise stock: 109,866,129 common shares.
Public float: 294,000
Closing price as of April 26, 2019:
Last trade: $0.63
Bid: $0.63
Ask : $0.70
52 Week Hi: $1.90
52 Week Low: $0.56
Up to 4 Million shares are available at a purchase price of $0.40 per share.
To find out more, visit OTC: LQWC.
