BLGO - BioLargo

Discussion in 'Penny Stocks' started by Dan Thunderbolt, Aug 26, 2020.

  1. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    This recent news was imo very significant. PFAS is big business and all over the news. This is a great step forward...

    August 11, 2022 4:30 PM
    BioLargo Secures First PFAS Mitigation Customer and Signs New Channel Partner for PFAS Remediation
    WESTMINSTER, CA / ACCESSWIRE / August 11, 2022 / BioLargo, Inc. (OTCQB:BLGO), a developer of sustainable cleantech technologies and full-service environmental engineering company, today announced that it has secured its first customer to engineer a comprehensive PFAS mitigation plan for an industrial site, and has signed an agreement with a new channel partner to sell the company's PFAS treatment equipment and engineering services.

    Per- and polyfluoroalkyl substances (PFAS) are man-made persistent, bioaccumulative chemicals linked to widespread negative health effects including cancer, birth defects, and more. They are known to contaminate surface and groundwater in all 50 states, affecting multiple industries. Through its environmental engineering subsidiary BioLargo Engineering, Science & Technologies, BioLargo offers PFAS mitigation services including field testing, engineering design, system installation, operation, and maintenance, as well as water treatment systems including the company's own proprietary PFAS treatment technology the Aqueous Electrostatic Concentrator (AEC).

    The customer contract is for the first phase of what is expected to be a multi-phase comprehensive PFAS remediation project. The contract was secured in collaboration with a new channel partner, which has been appointed to promote, market, and distribute BioLargo's water treatment equipment and PFAS-related engineering and project integration services.

    BioLargo's President and CEO Dennis P. Calvert said, "Securing our first customer is obviously a very important step for BioLargo as a comprehensive solutions-provider in the PFAS remediation market. We will look forward to sharing more information about this project as well as our other activities with channel partners in the PFAS mitigation space."

    https://feeds.issuerdirect.com/news-release.html?newsid=5392701871719359
     
  2. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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  3. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    The current market cap is still very low imo considering the huge potential. The product "minimal liquid discharge" wastewater treatment equipment developed with Garratt-Callahan partnership is expected to launch soon. G-C expects to sell around 30-50 systems per year once launched with an average sale of $300,000 - $500,000 per system.

    The Pooph pet odor product is expected to hit the shelves of big retail outlets such as Walmart in Q4. BLGO receives manufacturer's margin and and a royalty on sales as well as 20% of the potetial sale of the brand.

    Plus the PFAS treatment technology is moving ahead towards adoption. BLGO recently secured the first PFAS mitigation customer and signed a new channel partner for PFAS remediation. PFAS is obviously a multi-billion $ business and all over the news.The recent hazardous designation of two PFAS by EPA will likely speed up the cleanup...

    Statement: EPA targets two toxic PFAS chemicals under Superfund law
    August 26, 2022
    Hazardous designation would speed cleanup of dangerous PFOA and PFOS

    https://environmentamerica.org/medi...two-toxic-pfas-chemicals-under-superfund-law/
     
    #143 Dan Thunderbolt, Sep 3, 2022
    Last edited: Sep 4, 2022
  4. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    Nice overview on some of the business opportunities in the vast portfolio of BLGO. Future looks very bright imo.

    [​IMG]
     
  5. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    :thumbsup: Future obviously looks very bright...

    BioLargo | Dennis Calvert | Benzinga All Access
    September 9, 2022

     
  6. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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  7. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    BioLargo today launched their new PFAS-focused website. It's the home of BioLargo for all things #PFAS - their treatment solutions, system integration options, engineering, and more. BioLargo will also post educational content on there about the evolving world of PFAS.

    https://www.bestpfastreatment.com/
     

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