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Thursday, November 24, 2011 11:14:00 AM
AQLV owns 50% of AquaLiv, Inc.
AQLV's CEO is Bill Wright. Mr. Wright handles all of the issues related to managing the public entity. I'm the CEO of AquaLiv, Inc., the company that owns the IP and actually performs the business functions that AQLV investors are investing in.
We originally intended to complete a full merger, but decided to remain partially private to prevent buyout or hostile takeover. This protects the investors and founders from another company buying us out and shelving the technology.
In our opinion, the stock isn't trading anywhere near our actual value at this time. And, even if it were, it would still be all too easy for any of our competitors to take over the company.
We know what we have. We know what it can do. We have no desire to keep its benefits from reaching the world at any price.
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