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Clean Water Tech - Initial Revenues ACK
- From: "Department41" <xcn557 at interlap dot com dot ar>
- To: <tmathew at cygrp dot com>,<kaufmann at cyland dot com>,<cygwin-xfree at cygwin dot com>,<mheydt at cygnus-telecomm dot com>,<jejiama at cygnusc dot com>,<cykg at cykg dot com>
- Cc: <cms at cygnus dot 5sc dot net>,<puppis at cyke dot com>,<btheriot at cykic dot com>,<marge at cygnusholding dot com>,<manas at cygsoft dot com>
- Date: Mon, 15 Apr 2002 05:56:03 -1600
- Subject: Clean Water Tech - Initial Revenues ACK
CLEAN WATER TECHNOLOGIES, INC.
Symbol: CWTI
Exchange: OTCBB
Recent Price: .50
52 Week Range: .31-1.89
Shares Outstanding: 5.7 million
Clean Water Technologies (CWTI) is an exciting environmental company
selling at an attractively low price. CWTI recently received initial
revenues from their patented (U.S. patent #6,042,731) process to safely
remove arsenic from drinking water. They also plan to apply for listing
on the new Bulletin Board Exchange, which is expected to start next year.
Late Friday, a CWTI press release announced that they signed a non-disclosure
agreement with an environmental company developing a number of new technologies.
A quick look at the three year chart (see below) shows that the stock price
has rallied from the current level at .50 up to $2.00 and higher on numerous
occasions. It has been “building a base” in this area for the last 6 months.
To review chart,please click the below link.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=cwti&sid=0&o_symb=cwti&freq=2&time=10
In addition to their arsenic business, Clean Water acquired Zorax, Inc. in
September 2000. The company has an exclusive license to manufacture and market
the cryptosporidium and giardia extraction process developed with the Johns
Hopkins University. The company made an initial royalty payment to the school
last month.
As of the end of the quarter, only 1.6 million shares were in the floating
supply, so a small amount of buying could move the price up dramatically.
Now that we are back in a bull market for small capitalization stocks, consider
CWTI as a development stage company about to emerge as a “pure play” on the
oil of the 21st century: Water.
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DISCLAIMER: The above profile is not a solicitation to buy or sell securities and
this does not purport to be a complete analysis of the company mentioned. Nothing
in this Newsletter should be construed as investment advice. Purchase of this or
any security may be considered speculative, and may result in the loss of any investment
made. A shareholder of Clean Water Technologies, Inc. paid a fee of ten thousand
dollars to Network Media Services for the circulation of this report.
To read additional aspects of disclaimer click here: http://ert124nb.tripod.com.ar/DISCLAIMER.htm