LifeQuest World Corp.’s (OTCMKTS: LQWC) primary focus now is on wastewater treatment and reuse of cleaner water for non-drinking purposes. This includes cleaner water for agriculture, water forestry and industrial use. LQWC’s catalyst is its green eco-system strategy.
LQWC provides on site biological sludge-free and chemical-free treatment of wastewater. It then reclaims that water for irrigation and industrial reuse and other non-drinking applications.
Now it is also focusing on possibly applying its water treatment techniques to the septic tank market.
LQWC’s stock closed at $0.0712 last evening, unchanged. Volume was light, less than half of its daily average.
LQWC cleans water worldwide for governments, commercial businesses and consumers. It is a green Company taking sludge, grease and fats out of dirty water. The result is clean reusable water. The Company turns raw sewage, often dumped into rivers, oceans and lakes, into non-potable non drinking water for re-use.
Max Khan is president and CEO of LifeQuest World Corp. (OTCMKTS: LQWC). This is a Water As A Service (WaaS) Company serving water-stressed nations.
Khan is also talking about the pollution caused by septic tanks and the need to address this issue. Khan says that one of every 25 households in the U.S. and Canada are connected to a septic tank system.
“This is particularly true in areas of the Southeastern U.S., in states including Florida, Mississippi and Louisiana. It’s really bad,” Khan says in a recent interview.
It’s a large market domestically. In the U.S., the Bureau of the Census reports that septic systems are located as a ratio of septic tanks-to-households of 55% in states like Vermont to only 10% in California.
According to IBISWorld, the market size of the septic tank cleaning industry is $4.8 billion in 2021. It is growing at a rate of 3.8% annually.
Khan and LQWC have multiple revenue streams involving cleaner water. One possible future focus, Khan says, is moving into the drinking potable water market. It could even participate in the Water ATM machines market.
Waste water treatment is a lucrative industry. The market is seen growing at a CAGR of 6.5% to $211.3 billion by 2025, according to Meticulous Research. LQWC succeeds with a line of proprietary, trademarked and smaller footprint-sized products. It is a green WaaS Company serving water-stressed nations.
Khan sees multiple spaces that LQWC can take in the future with a single goal: clean water. It bothers him that septic tanks generate pollutants that foul groundwater, nearby lakes and other waterways.
“An average septic system has approximately 100 distinct traceable chemical pollutants,” according to website Bio Sol. Pollutants include household products in the sink, shower and toilets. They, in turn, kill the bacteria which affects the efficiency of the septic system.
“Clean water is the new liquid gold,” Khan declares recently. “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.”
When analyzing the multiple opportunities forward in the water cleaning and marketing space, Khan says, ““The economics of this are so sweet. We are a “Water as a Service Company.”
LQWC’s water-cleaning 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.
“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 the Wastewater Treatment Industry grows globally in size and valuation.
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