WPUR WaterPure International Inc (PK)

Reverse merger stocks can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and we have covered many on the website that have gone from pennies to dollars. WPUR has plenty of room for growth from current levels trading at a$825,550 total market valuation. OS Is 343,979,185 and there are 177,712,391 shares in the float. Currently WPUR has just $400k in assets and $1.5 million in liabilities with no revenues. 

WaterPure International Inc (OTCMKTS: WPUR) is a water and electric utilities innovation technology company bringing proprietary technology to make water and electric utilities more efficient, cost effective and carbon neutral.  WPUR has partnered extensively with Alternet Systems, Inc. (OTC Pink: ALYI) to provide off grid electric vehicle charging solutions.  WPUR will implement a solar powered solution for PJET’s student housing project. 

WPUR is up big after the Company announced it is in discussions exploring multiple merger and acquisition opportunities. In June, WPUR management announced plans to address current economic conditions and to explore alternative growth strategies in the ongoing pursuit of the company’s mission. Since that time, the company has pursued a number of merger and acquisition opportunities that could take advantage of reduced valuations for various assets in reaction to current economic conditions and at the same time, give WPUR the potential to rapidly expand and transform.

WPUR is a development stage company that currently owns various assets with proprietary properties applicable to the delivery of clean water. The company has also been working to develop and acquire clean electricity production and delivery technologies. WPUR’s mission is to improve overall global sustainability by finding profitable new efficiencies and new technologies to manage water supplies that reverse the growing global water scarcity, and introduce new electricity production technologies that reduce carbon emissions.= 

Management is optimistic that current economic conditions can create new accelerated growth and transformation opportunities where WPUR enters new sustainability markets beyond water and electricity. The company anticipates entering into an agreement to take advantage of such an accelerated growth opportunity around the time it publishes the annual report for the period ending June 30, 2022. 

Currently trading at a $825,550 total market valaution, WPUR has 343,979,185 shares outstanding and there are 177,712,391 shares in the float. Currently WPUR has just $400k in assets and $1.5 million in liabilities with no revenues and is “pink current” WPUR recently announced it is in discussions exploring multiple merger and acquisition opportunities. In June, WPUR management announced plans to address current economic conditions and to explore alternative growth strategies in the ongoing pursuit of the company’s mission. Since that time, the company has pursued a number of merger and acquisition opportunities that could take advantage of reduced valuations for various assets in reaction to current economic conditions and at the same time, give WPUR the potential to rapidly expand and transform. Reverse merger stocks can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and we have covered many on the website that have gone from pennies to dollars. WPUR has a history of nice moves running to $0.049 in October 2021. We will be updating on WPUR when more details emerge so make sure you are subscribed to Microcapdaily.

See also Microcap Daily recent articles on TVPC, INTK and PRRY.

Source - Microcapdaily

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