Pro-Life
2 months ago
Global Water Technologies creates team for new XPRIZE competition
SEPTEMBER 30, 2024
INDIANAPOLIS, September 30, 2024 — Global Water Technologies (OTC: GWTR) is pleased to announce it has created a team for the new XPRIZE Water Scarcity, a 5-year global competition sponsored by The Mohamed bin Zayed Water Initiative to create reliable, sustainable and affordable seawater desalination systems.
The first team summit in the United States will take place on October 6 at the WEFTEC conference in New Orleans where the company has previously participated in events. More information is available at the official XPRIZE Water Scarcity website.
https://pop.xprize.org/teams/13120/overview
https://gwtr.com/news_09-30-2024.php
Pro-Life
11 months ago
Global Water Technologies releases annual shareholder letter - JANUARY 1, 2024
http://gwtr.com/news_01-01-2024.php
Dear Shareholders of Global Water Technologies,
We welcome 2024 as a new year of possibilities after having successfully navigated our small company through several years of volatility and change that impacted business across global economic markets.
As we noted at the start of 2023, the company continues to evaluate opportunities for potential mergers and acquisitions while also pursuing efforts to build on its legacy non-chemical water treatment business. Deal flow in the M&A space continued to track at a lower level and the company will carry several discussions with potential partners into the new year.
The company did make good progress in identifying new opportunities for non-chemical water treatment and previewed a new system in August that it is developing to integrate two technologies for desalination and disinfection in a manner that improves water and energy efficiency.
As part of that effort, the company engaged some initial engineering and consulting services and welcomed John Waters to its advisory board with his expertise in battery technology and manufacturing. During the fourth quarter, the company also completed the Producer-Led Innovation Challenge held by AgriNovus Indiana and expects to build on that work in the coming year.
The company is also reviewing potential opportunities from its previous work in the areas of trenchless technologies and smart water, which both apply to water infrastructure projects. While that sector has significant needs in the United States and we invested considerable efforts to provide solutions, the company pulled back from that work as state and local governments shifted priorities during the pandemic and therefore avoided problems caused by the slow and fragmented nature of those infrastructure programs. Global Water Technologies will evaluate those business prospects in 2024.
In 2023, shares of Global Water Technologies traded between $0.01 and $0.034 with a closing price of $0.03 and volume of 996,037. In 2022, shares of Global Water Technologies traded between $0.016 and $0.10 with a closing price of $0.028 and volume of 1,111,560.
The number of common shares at December 31, 2023 was 28,773,955 and the number of free-trading shares remains at 5,895,503. The company has reserved 3.8 million shares for convertible promissory notes totaling $99,500. Additional shares may be issued as the company seeks adequate funding to execute its business plan and further upgrade its SEC compliance.
Thank you to all our shareholders who continue to support the company as we move forward and best wishes to both those who are new and the many who have been on this journey for a long time. Here’s to a great 2024!
Sincerely,
Erik Hromadka
Chairman and CEO
reaper247
12 months ago
OK diamondjim, I will give it a shot.
Uhhh...Welp the family got together over the weekend to celebrate my mom's birthday. Good fun.
Even though we all live within 20 mins of each other, we rarely get together as a family anymore. Everyone is so busy, so it's hard to make time.
Both of my older brothers have grown beards. Not sure what is up with that, but I am the last holdout who still shaves.
I finished up my Christmas shopping early so, I can just relax and enjoy the Holidays.
My nephew will be wrapping up his apprenticeship with the IBEW and is looking forward to becoming a journeyman electrician this summer at 22 years old.
Gosh, I dont have much else to add.
LOL.
Merry Christmas, Happy Holidays and Happy New Year.
GLTU/A.
Pro-Life
1 year ago
AUGUST 26, 2023 Global Water Technologies previews new system for treating brackish and seawater sources
http://gwtr.com/news_08-26-2023.php
INDIANAPOLIS, August 26, 2023 — Global Water Technologies (OTC: GWTR) is pleased to preview a new system for removing salts from brackish and seawater sources so they may be used for agricultural purposes.
The company is scheduled to preview the new system it is developing during the Ag Startup Showcase hosted by Gener8tor as part of a week of activities in Indianapolis for the new Rally innovation conference that is bringing innovators from around the world to Indiana’s capital city. Global Water Technologies is working to integrate two non-chemical technologies for desalination and disinfection in a manner that improves water and energy efficiency.
“We’re excited to participate in these events next week and continue the company’s history in developing innovative non-chemical water treatment technologies,” said Erik Hromadka, CEO of Global Water Technologies.
The company’s presentation is scheduled for Monday, August 28 and more information is available here.