LifeQuest World Corp (OTCMKTS:LQWC) Expanding Worldwide In 200 Billion Water Treatment Market
Max Khan, President and CEO of LifeQuest World Corp. (OTCMKTS: LQWC), says LQWC is growing worldwide in the $211.3 billion Wastewater Treatment Market. It succeeds with a line of proprietary, trademarked and smaller footprint-sized products.
Its catalyst is a green eco-system strategy providing on site biological sludge-free and chemical-free treatment of wastewater. It then reclaims that water for irrigation and industrial reuse and other applications. It is a green Company serving water-stressed nations.
“Clean water is the new liquid gold,” Khan declares in an exclusive interview. “The issue of dirty municipal (tap) water is not just confined to developing or emerging nations. It also occurs in the United States. We have developed a scalable system of treatment for raw sewage, treating it with eco-friendly and biological techniques on site.”
The investment by investors into water solutions is becoming huge, Khan said. “Smart money is moving into water forestry and sustainable agriculture. We’re in the right spot. We fit right into it.”
The market is seen growing at a CAGR of 6.5% to $211.3 billion by 2025, according to Meticulous Research.
Its wholly-owned subsidiary, BioPipe Global Corp., offers its flagship product. It specializes in reclaiming and converting wastewater into cleaner water than can be repurposed for other uses. This includes: irrigation, replenishing surface water, recharging aquifers, and more.
“The economics of this are so sweet,” declared Khan. We are a “Water as a Service (WaaS) Company. We are also disrupting the septic tank industry. One in five households in the United States and Canada are connected to a septic tank. They remain a massive problem for the environment. Our products can solve that.”
LQWC’s products include:
- Biopipe: The Flagship product, this is is the world’s first biological wastewater treatment system where the entire process takes place inside a series of pipes. It has a small footprint. So it can fit in places where space is tight and other systems cannot. It can be used almost anywhere. This includes hotels, hospitals, multi-family buildings and more. Biopipe is a patented and proprietary product. It is 100% sludge free, chemical free, odor free and highly scalable.
- Goslyn™ Grease Recovery Device: It is a small but effective device that removes animal fat, grease and food solids. Small in size, some 15,000 Goslyn™ devices are already operating in the U.S. They are perfect for commercial kitchens. Even the most sophisticated wastewater systems require it for grease and fat removal, Khan says.
- Glanris Technology: Removes heavy metals from wastewater. This uses a 100% green hybrid filtration media. Khan says it revolutionizes water filtration for government municipalities, businesses and homeowners.
- Abrimix™: Offers a breakthrough approach to treatment of a wide range of materials in treatment of industrial wastewater. It removes total suspended solids (TSS) and is effective with “hard to treat” waste waters. It uses a proprietary mix for each type of influent waste water.
LQWC, Khan says, focuses on reclaiming wastewater. Reusing treated wastewater makes water management sustainable. Treated wastewater by LQWC can be reused for other human activities. It is not potable or clean to drink. But, Khan says, that be happening in the future.
Khan explains that LQWC has signed a series of joint ventures or partnerships worldwide to provides WaaS solutions to governments, commercial restaurants. hotels and other locations. In some water-stressed countries, such as India, it has developed operating ‘pilot’ programs.
Khan says it now has five joint ventures in place — from India and South Africa to Ethiopia and the Philippines. It is working to secure more JVs in other countries.
In the future, it is researching water treatment solutions in Turkey and the U.S.
“In calendar 2020 we had a very strong sales pipeline,” Khan explains. “Now we are in an even better place because we have structured our ventures to receive recurring revenue in the next 10 years. Some we will own and operate forever,” he explains.
“We may unwind some of the joint ventures and just go solo. Our first plant is in Bangladesh. It is already running in government facilities flawlessly for four years. It uses Italian-made pumps and German-made sensors. We can operate at a high gross margin,” Khan says.
In India, for example, Khan said many of the Company’s water treatment projects are located in the hospitality industry. “We were doing about 80% of our work in India in hotels,” he recalls.
Now businesses in India and other water-stressed nations — such as hotels and restaurants — are growing and LifeQuest sees more expansion ahead. It forecasts more joint ventures and projects worldwide. And it may see a new advantageous business model that calls for future, valuable ongoing revenue streams, Khan says.
Of all the countries globally where LifeQuest operates, India currently offers the most established infrastructure, he says. LQWC has five pilot programs operating in that country. The idea is to end the practice of anyone dumping raw sewage into waterways.
Khan said a positive future for LifeQuest lies in meticulous planning for cleaner water by governments worldwide. “India has allocated some $2 billion long term for water processing. We’re very positive about it,” Khan says. “We want to reduce or eliminate water borne diseases.”
LQWC is a very green company. Its projects are designed to improve the environment. Its products help municipalities improve use of water, de-grease and re-use water from commercial kitchens and other facilities worldwide.
Khan has a corporate finance and investment banking background. He believes that one reason LifeQuest is so healthy and growing is its fiscally conservative management.
“Our goal is to help municipalities, governments, businesses and anyone else to be able to re-use treated water to improve the environment,” Khan says.
Water is the new liquid gold. Keep LQWC on your Watch List as this sector grows globally in size and valuation.
This article is sponsored coverage.