OriginClear Inc (OCLN)

[Oxonius]

Good luck to you! In terms of basic DD, all you need to know is:

1. As the holder of our outstanding shares of Series C Preferred Stock, our chief executive officer, T. Riggs Eckelberry has 51% of the voting power of the Company’s shareholders. As a result, Mr. Eckelberry has the ability to control all matters submitted to shareholders, and his interests may differ from those of other shareholders. He takes $30,000 in salary every month and his interests definitely differ from all other shareholders

2. I suggest you review their actual financial statements (the most appalling I have ever seen) rather than the nonsense infomercials spewed out by the hustler - even if they did land some substantial business revenue, their history has shown that they lose more than $1 for every $1 they generate, so their operating model is fatally flawed

3. Their share count (and potential count) is a mystery - the 10-K reveals that there were 10x as many shares outstanding at 12/31/2020 than the year before (after a huge R/S just before) - the overhang of future conversions is absolutely massive. The 10-Q for Q1 will provide an interim update

4. A thousand dollars "invested" in this a few years back would now be worth less than a dime.