Shares of OriginClear Inc (OTCMKTS:OCLN) appear to be constructing a possibly important base of support from which the stock may have considerable upside potential. Given its small 3 million share float and its recent 1,900% 7-day rally, we thought it might be a good idea to take a closer look at this one before it takes off again.
The key to this story is the global water crisis. If you weren’t already aware, this is huge for mankind and our fate on this planet, and it’s also a major 21st century theme that could outshine the likes of cannabis, AI, and cloud computing over time. So, again, we want to pay attention to names in this space. And there aren’t too many.
OriginClear Inc (OTCMKTS:OCLN) trumpets itself as a company that provides water treatment solutions.
The company licenses its Electro Water Separation technology worldwide to treat heavily polluted waters, as well as to remove harmful micro-contaminants from drinking water using minimal energy, chemicals, and materials. It also designs and manufactures a line of water treatment systems for municipal, industrial, and pure water applications.
In addition, the company offers a range of services, including maintenance contracts, retrofits, and replacement assistance; and rents equipment through contracts of varying duration, as well as provides prefabricated wastewater treatment products. It primarily operates in the United States, Canada, Argentina, and the Middle East.
According to company materials, “Water is our planet’s most valuable resource, and the mission of OriginClear is to provide breakthrough water treatment and conveyance products that effectively improve the quality of our planet’s waters by returning them to their original and clear condition and deliver the highest quality water to end-users. By 2020, the global water services market will have doubled in just one decade into a trillion-dollar industry. But 80% of all sewage in the world is never treated, and up to 35% of all clean water is lost in transit. This calls for self-help solutions at the point of use, a movement known as decentralized water treatment. Our mission is to enable this decentralized water revolution by providing rapid deployment, point-of-use water treatment and conveyance products and technologies that enable water independence, and help make clean water available for all.”
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As noted above, OCLN is vying for a leadership role as a disruptor in the industrial and commercial solutions space attaching the problem presented by an intense and destructive global crisis in the availability of clean water.
The company recently announced it recently agreed to market the Depuporc S.L. line of manure treatment systems outside of Europe, where Depuporc will continue to market it as a long-time licensee of OriginClear. This is interesting because it basically boils down to the ability to turn swine fecal matter into usable fertilizer and clean water, with no additional waste.
According to the release, OriginClear has published a case study at www.originclear.com/case-study-animal-manure-treatment that reviews the performance of the Depuporc treatment system using OriginClear’s technology in removing the smallest remaining particles of solid manure before reducing ammonia to very low levels.
Recent action has seen 32% during the past month in terms of shareholder gains in the listing. In addition, the name has seen interest climb, with an increase in recent trading volume of 28% over the long-run average.
This is particularly important due to the tiny float size in the stock (of 3.M shares). One is wise to respect the dynamic this may create – with such a tight trading float, this kind of ramping interest can force a supply-shock squeeze, just as we saw in this stock in early November when it rocketed from $0.10 to $1.97 in just over a week.
Earning a current market cap value of $1.35M, OCLN has a stash ($514K) of cash on the books and is pulling in trailing 12-month revenues of $3.7M. That’s a somewhat striking combination, which further suggests the stock could be an exciting story, and we look forward to a follow-up chapter as events transpire. Sign-up for continuing coverage on shares of $OCLN stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in $OCLN, either long or short, and we have not been compensated for this article.